Laos has set up a committee to oversee legal compliance and draft appropriate legislation to prepare for the digital economy.
A conference organized by the Laotian government on May 26, 2023, brought together national blockchain and Web3 experts. The meeting’s goal was to discuss the implementation of blockchain 4.0 in BlockchainDevelopmentDigitalEconomyGovernmentLaosMeetingOrganizes Read More
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To facilitate efficient trading within bitcoin’s (BTC) evolving on-chain economy, crypto startup Stably has introduced Stably USD, a new dollar-backed stablecoin.
In a significant development for bitcoin‘s rapidly developing on-chain economy, a new dollar-backed stablecoin named Stably BitcoinsEconomyEntersOnChainStablecoinStablyUSD Read More
Over the past four days, there has been a surge in Ordinal inscriptions, and as a result, the BRC20 token economy has experienced significant growth with over 10,000 additional coins. The current value of the BRC20 token economy now stands at $497.75 million, comprising a total of 24,677 distinct tokens. BitcoinBRC20EconomyExponentialgrowthIgnitesInscriptionsNewsOrdinalSurgeToken Read More
A recent report from The Influencer’s Club suggests that the creator economy was worth over $100 billion in 2022 and continues growing. Recent trends appear to back this up, with YouTube expanding to Shorts, TikTok’s launch of Pulse and Facebook pushing content with Reels. The creator economy is expanding in ageCreatorEconomyNFTsWeb3Whats Read More
Billionaire hedge fund manager Stanley Druckenmiller has a dire prediction for the U.S. economy: a recession is looming, and it’s likely set to hit this June. Druckenmiller’s forecast comes as American consumer spending remains low, and is largely driven by credit card usage. Druckenmiller, a seasoned investment mogul, warns that BitcoinDruckenmillerEconomyFundHardHedgeLandingMogulNewsStanleyWarns Read More
Despite the broader crypto-economy experiencing a downward trajectory, dropping 1.59% in the past 24 hours and hovering around $1.11 trillion, the BRC20 token economy has bucked this trend, expanding from $279 million to over $427 million within five days.
Impervious to Market Slump, BRC20 Tokens Defy the Odds
Built atop the Bitcoin BitcoinBRC20CryptoDaysDownturnEconomyNewsSurgingThrivesToken Read More
In early 2021, out of work, stuck at home, and with plenty of time on his hands, Torres experimented with NFTs. In February 2021, he sold an NFT of the Nyan Cat for 300 ETH, worth roughly $590,000 at the time. To those just skimming the headlines, the sale signaled CoindeskEconomyMemeRiseTurns Read More
Vision Fund, SoftBank’s tech investment arm, posted a loss of 4.3 trillion yen for its fiscal year that ended March 31st.
SoftBank sustained a $32 billion record loss for its Vision Fund tech investment arm amid a challenging period for tech stocks. For its fiscal year ending March 31st, the Japanese investment holding company’s 32BEconomyFiscalFundLossRecordsSoftBankVisionWeakeningYear Read More
Four days ago, the market capitalization of all the BRC20 tokens built on top of the Bitcoin network was a modest $95 million. However, over the past four days, the BRC20 market valuation has seen tremendous growth, increasing by 192% and reaching $279 million.
More Than 13,000 BRC20 Tokens Built BitcoinBitcoinsBlockchainBRC20DaysEconomyMillionNewsSkyrocketsToken Read More