Forbes launches NFT-gated member community with OKX wallet

Forbes partners with OKX Wallet for fast-track access to its NFT-gated member community, offering exclusive access to high-profile events and the Forbes Inner Circle.

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Bill targeting illicit use of crypto passes US House: Law Decoded

Legislation focuses on preventing illicit cryptocurrency activities while safeguarding consumer choice.

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Gala Games Introduces VIP Club 'Gala Gold' with Exclusive Benefits

Gala Games' VIP membership, Gala Gold, offers exclusive Discord access, special NFTs, and game testing opportunities for a lifetime fee. (Read More)

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Web3 gets its own version of Trustpilot to bring users and creators together

A new decentralized application aims to revolutionize product feedback and user engagement in the Web3 space by fostering direct interaction between users and product teams.

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Binance Pushes for Arbitration in Securities Class Action Cases for All Members

Binance Seeks Arbitration for Members in Securities Class Action Lawsuit Cryptocurrency exchange Binance is pushing for arbitration on behalf of its users who are involved in a securities class action lawsuit. The exchange has filed a motion seeking to compel arbitration with the Southern District of New York. The lawsuit alleges that Binance violated federal [...]

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Web3 Developer Community Experiences 40% Decrease in Active Members in Just One Year

According to recent data, there has been a significant decline in web3 developer activity, with a nearly 40% drop in just one year. This decline highlights a concerning trend in the development of decentralized applications and blockchain technology. Decreases in developer activity could have various implications for the future of web3. It may indicate a [...]

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BRICS Emerges as the World’s Largest GDP Bloc, Propelled by China’s Rapid Expansion

BRICS, a set of countries grouped as an alternative to the G7, is now the world’s largest gross domestic product (GDP) bloc, taking purchasing power parity into account, according to reports from Acorn Macro Consulting. Powered By China’s growth, the group now contributes 31.5% to the global GDP, while the G7 provides 30.7%. BRICS Countries [...]

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US Congress Members Set to Launch Exciting and Uniting Congressional Crypto Caucus

A group of lawmakers in the United States have joined together to form a bipartisan Congressional Crypto Caucus. This caucus aims to address issues related to cryptocurrency and blockchain technology in a collaborative manner. The Congressional Crypto Caucus consists of members from both the Democratic and Republican parties, indicating a united effort towards understanding and [...]

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China Faces Opposition to Rapid BRICS Expansion From India and Brazil, Report

BRICS member states India and Brazil stand in the way of China’s bid to quickly expand the bloc, unveiled a media report. The two nations have different reasons to have reservations about Beijing’s plan to soon increase the organization’s geopolitical influence while they both seem to want to slow down the enlargement, sources have indicated. [...]

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BRICS Bank in Membership Talks With Saudi Arabia, Report Reveals

The development bank set up by the BRICS bloc is negotiating with Saudi Arabia on accepting the country as a member, according to a press report. The talks come as the bank, created as an alternative to similar institutions led by the West, seeks to expand its funding options amid sanctions on one of its [...]

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US Fed denies Custodia Bank membership over crypto concerns

The US Federal Reserve has denied Custodia Bank's membership application due to concerns over its involvement in the crypto industry. The Fed cited heightened illicit finance and safety and soundness risks, as well as a lack of a sufficient risk-management framework for its proposed cryptoasset-related activities. The bank is also prohibited from running crypto-related services if accepted as a member. (Read More)

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LinksDAO likely to put in ‘compelling offer’ to buy Scottish golf course

If the final tally remains in favor of the purchase, the LinksDAO acquisition committee will officially put out a “compelling offer” to purchase the golf course.

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Nifty News: PROOF cancels NFT conference, Bitcoin meme creator cashes in $150K and more

The conference known as “Proof of Conference” was slated to run in May has been canceled due to “less interest than anticipated,” according to co-founder Kevin Rose.

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Crypto Community Members Discuss Bank Run On Binance After FTX Crash – Here Is Why You Should Go For Metacade (MCADE) | Invezz

How quickly the tables turned. At one stage, it looked like Binance was going to be the hero, the shining white knight arriving to single-handedly save FTX and the crypto market in general. But then things started to turn sour. Within 24 hours, Binance announced it was pulling out of the rescue deal, and the ... Read more

<p>The post Crypto Community Members Discuss Bank Run On Binance After FTX Crash – Here Is Why You Should Go For Metacade (MCADE) | Invezz first appeared on CCNC.</p>

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New Use Case for NFTs: Lifetime Memberships at Amber Lounge Luxury Events

Brands are now using the most cutting-edge technology to give timeless experiences to their top-tier clientele—a class of 15 million large spenders with trillion-dollar purchasing power—in order to create products that go beyond the ordinary. NFTs as social capital and status symbols According to CEO Cher Ng, one intriguing use case involves Amber Lounge, a […]

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Russia Busts Revil Ransomware Group on US Request, Arrests 14 Members – Bitcoin News

Russian law enforcement agencies have dismantled the notorious hacking group Revil, believed to be behind ransomware attacks in the U.S. involving cryptocurrency. Although Moscow is unlikely to hand over Russian citizens to Washington, the operation has been carried out on request from the United States, despite heightened geopolitical tensions between the two powers. Russia’s FSB […]

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Singapore-based Online Press Initium Media Accepts Membership Subscription in Crypto

Online Chinese-language press Initium media announced the digital media platform had accepted cryptocurrencies to pay for membership subscriptions. (Read More)

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Bangladesh Eyes BRICS Invite as Rumors Swirl of Formal Request

In mid-May, several reports indicated that Bangladesh and India were engaging in currency trading using their respective currencies in order to address U.S. dollar liquidity challenges. Recent sources now reveal that Bangladesh is welcoming a formal invitation to join the BRICS bloc. Speaking to reporters on Monday, AK Abdul Momen, the foreign minister of Bangladesh

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Japan Advances LLC-Type DAOs: Easing Tokenized Membership Rights Regulations

Japan proposes amendments to ease regulations on tokenized membership rights for Decentralized Autonomous Organizations (DAOs), aligning tokenized rights with traditional company memberships, marking a significant step towards fostering DAO operations. (Read More)

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Report reveals possible members of Trumps cryptocurrency council

The possible nominees for the Crypto Council under Trump administration are unveiled, sparking anticipation and speculation in the cryptocurrency community. As the new administration begins to take shape, the crypto industry is keen on who will be appointed to represent their interests and shape future policies. Rumors swirl as names like Mark Cuban, Peter Thiel, [...]

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