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 * REPUBLIC OF PALAU PARTNERS WITH RIPPLE TO ESTABLISH NATIONAL STABLECOIN
   
   BY ADMIN DECEMBER, 27, 2022
   
   Surangel S. Whipps Jr., the president of the Republic of Palau, recently said
   that the nation's IT team was actively evaluating the idea of developing a
   national stablecoin by collaborating with Ripple Labs, a blockchain startup.
   Whipps Jr. also emphasised the assistance of Changpeng Zhao, CEO of Binance,
   who visited Palau and with whom he discussed a potential partnership on the
   digital residency programme.
   
   Read More


 * MEDUSA WORLD UNVEILS DAO FOR FIGHTING AGAINST CLIMATE CHANGE
   
   BY ADMIN DECEMBER, 27, 2022
   
   Medusa World, a community ecosystem dedicated to climate action has developed
   a DAO. The DAO is powered by a 6-Utility NFT, which aims to make concrete
   changes in the real world. The project was founded in 2021 in Africa and
   plans to fund grassroots NGOs. So far, the project has collected over 2 tons
   of trash in Africa for their cleanup drives.
   
   Read More


 * FIDELITY PLANS NFT MARKETPLACE AND FINANCIAL SERVICES IN THE METAVERSE
   
   BY ADMIN DECEMBER, 27, 2022
   
   Fidelity Investments has applied for trademarks for a variety of Web3 goods
   and services in the US, including an NFT marketplace and financial investment
   and cryptocurrency trading services in the metaverse. This was revealed in
   three trademark applications submitted to the USPTO on December 21, which
   were noted by accredited trademark lawyer Mike Kondoudis in a tweet on
   December 27.
   
   Read More


 * OCTOPUS NETWORK BEGINS RESTRUCTURING WITH LAYOFFS, 40% OF STAFF LET GO
   
   BY ADMIN DECEMBER, 27, 2022
   
   Octopus Network, a decentralised app chain network that is natively built on
   NEAR Protocol has declared that it would be reorganizing its internal
   structure. To deal with the current economy, Octopus Network will fire 12 out
   of its 30 employees, or 40% of the workforce, as part of its restructuring
   process. A 20% pay decrease will also be applied to the remaining employees.
   
   Read More


 * VAULD HITS ROADBLOCKS IN TALKS WITH NEXO OVER RESTRUCTURING
   
   BY ADMIN DECEMBER, 27, 2022
   
   Vauld has been working on its restructuring with Nexo, with the deadline of
   January 20 fast approaching. Vauld claimed in an email to all the creditors
   on December 26 that discussions with the cryptocurrency lender Nexo had taken
   place, but that nothing had yet come of them. Vauld said in their most recent
   email that their recent talks had seen some unfortunate obstacles.
   
   Read More


 * BTC.COM REVEALS LOSES IN LATEST HACK, ESTIMATES $3 MILLION
   
   BY ADMIN DECEMBER, 27, 2022
   
   Blockchain browser and mining pool BTC.com revealed on 26 December that it
   had been hacked earlier this month and had lost $700,000 in client funds as
   well as about US$2.3 million in internal funds. According to BTC.com, the
   cyberattack has been reported to law enforcement agencies in China’s
   manufacturing centre, Shenzhen.
   
   Read More


 * JAPANESE AUTHORITIES MULL LIFTING FOREIGN CRYPTO BAN
   
   BY ADMIN DECEMBER, 27, 2022
   
   The limitation on cryptocurrency regulations pertaining to international
   stablecoins like Tether (USDT) and USD Coin (USDC) in 2023 is being
   reexamined by Japanese regulators. According to a report, the country's new
   stablecoin legislation would let local exchanges handle stablecoin trade as
   long as deposits and remittances preserve assets are limited to a certain
   amount.
   
   Read More


 * PHILIPPINES GOVT IN TALKS WITH IMF ON WHOLESALE CBDC PROJECT
   
   BY ADMIN DECEMBER, 27, 2022
   
   The creation of a CBDC is being planned in conjunction with Bangko Sentral ng
   Pilipinas (BSP), the Philippine central bank. The IMF stated that its
   responsibility will be to counsel the nation's central bank on the specifics
   of establishing the CBDC. The IMF added that in addition to providing
   technical assistance, it would train BSP staff on how to use digital forms of
   the currency.
   
   Read More


 * TAIWANESE TEMPLE BEGINS MINTING NFTS TO PROMOTE PILGRIMAGES
   
   BY ADMIN DECEMBER, 27, 2022
   
   In order to gain entry to pilgrimages and other events, devotees can now
   purchase NFTs from a centuries-old Taiwanese temple dedicated to a well-known
   deity. The sea goddess NFTs that are being produced and sold by the Qing
   Dynasty-era Dajia Jenn Lann Temple serve as priority passes for the annual
   pilgrimage that takes place in the spring.
   
   Read More


 * MARK CUBAN CLAIMS HE’S BULLISH ON BITCOIN IN BILL MAHER’S PODCAST
   
   BY ADMIN DECEMBER, 27, 2022
   
   Mark Cuban, a billionaire software entrepreneur and serial investor, is still
   bullish on Bitcoin and wants the price to keep falling. The Dallas Mavericks
   owner remarked that gold investments were not worthwhile in the current age
   and that he greatly favoured digital assets. He made these comments on a two
   hour long episode of Bill Maher's podcast, Club Random.
   
   Read More

2024 by Blockchain Matters

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