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Chinese government plans for blockchain-based identity verification

The Chinese Ministry of Public Security plans to implement a blockchain-based identity verification system that it claims will help keep personal data and identity credentials safe.

Oasys taps rollup platform AltLayer to simplify metaverse deployment

Oasys Director Daiki Moriyama told Cointelegraph that the move allows smaller game developers to have an easier time deploying their games on the network.

Sam Bankman-Fried’s lawyer says FTX fraud trial was “almost impossible” to win: Report

The head of Sam Bankman-Fried’s legal defense admitted the odds of winning the FTX fraud trial were stacked against the former CEO.

Dubai awards conditional crypto license to climate-friendly Web3 firm

AYA is a climate-focused launchpad that supports innovations around sustainability, such as reforestation, nature credits, mangrove conservation and sustainable agriculture.

Bitcoin dev denies adding inscriptions to National Vulnerability Database

Bitcoin core developer Luke Dashjr said he played no part in flagging Bitcoin inscriptions as a cybersecurity threat with the NVD, as the listing received a “5.3 Medium” severity score.

FIFA launches NFT collection amid 2023 Club World Cup

FIFA NFTs, minted on Algorand, have totaled only $2.4 million in trading volume since their inception last September.

Blockchain gaming market in North America is projected to reach $600B by 2030 — Report

The current market is growing at a 21.8% CAGR, according to a report from Fortune researchers.

X-Spot granted trademark injunction against Huobi Global in Hong Kong

The ruling only applies to the use of the trademark in Hong Kong until a final decision is issued at trial.

Immutable expands Web3 gaming payment options with Transak integration

Immutable deploys Transak’s functionality into its zkEVM gaming development infrastructure, powering in-game cryptocurrency and fiat payment methods.

UK asset manager M&G invests $20M in Bitcoin derivatives exchange

The investment will open up cryptocurrency derivatives trading to traditional financial institutions.

US Fed 2024 rate cut could prove perfect catalyst for BTC halving

A cut in the U.S. Federal Reserve rate is seen as bullish, as it boosts risk appetite among investors.

Bitcoin price correction hints start of altseason, trader suggests

BTC price momentum started in October and helped the world’s top cryptocurrency make significant strides, gaining nearly $10,000 in the past month.

Crypto fund worth $500M eyes Animoca Brands and Chainalysis: Report

The C1 Secondaries Fund, which invests in companies in the digital assets space, is reportedly seeking to invest in crypto firms at discounts of up to nearly 80%.

Solana memecoin Bonk flips Pepe following 370% monthly gain

The dog-themed token has surged to become the third-largest memecoin overall.

Blockchain is fueling this emerging tech hub in Portugal: Madeira Blockchain 2023

The Madeira Blockchain Conference 2023 showcased startups exploring blockchain solutions for real-world problems across different industries.

Bitcoin inscriptions added to US National Vulnerability Database

The United States National Vulnerability Database (NVD) flagged Bitcoin’s inscriptions as a cybersecurity risk on Dec. 9.

Block size and scalability, explained

Block size and scalability trade-off involves optimizing transaction capacity while ensuring network performance amid increasing demand.

KyberSwap exploiter linked to $50M HXA token movement

Blockchain security firm Cyvers said the KyberSwap exploiter’s acquired funds were spread across various externally owned accounts now recognized as the top HXA tokenholders.

Binance’s CZ must stay in US, Elon Musk seeks $1B for AI, and other news: Hodler’s Digest, Dec. 3-9

Binance’s CZ will have to wait for his sentencing in the United States, the U.S. Congress passed a bill supporting blockchain, and Elon Musk’s xAI seeks $1 billion in capital.

How blockchain transforms Christmas giving

Unwrap the magic of how blockchain reshapes the landscape of Christmas giving, bringing innovation and efficiency to the age-old tradition.

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