Cryptocurrency is ‘biggest Ponzi scheme in human history’, Chinese execs from state-backed blockchain drive say
Source: Tech – South China Morning PostExecutives from China’s Blockchain-based Service Network say Web3 games and…
Nato to boost rapid reaction force in ‘biggest overhaul since Cold War’United States & Canada – South China Morning Post
Source: United States & Canada – South China Morning PostThe military alliance will increase the size…
Metaverse can’t be built on the corporate business model, says EY innovation lead
Source: Cointelegraph.com NewsJones believes the established firms need to focus on community engagement first before jumping…
Tencent takes a US$7.4 billion market knock as Prosus prepares to cut stake to fund stock buy-back, sells JD.com as non-strategic asset
Source: Tech – South China Morning PostNaspers’ Prosus unit is preparing to trim its US$133.4 billion…
Swiss National Bank exec: Regulators may favor centralized stablecoins after Terra crisis
Source: Cointelegraph.com NewsThomas Moser hinted that regulations might take time as the current regulations would wipe…
Less than 1% of all holders have 90% of the voting power in DAOs: report
Source: Cointelegraph.com NewsA user must hold between 0.1% and 1% of the outstanding token supply to…
Educating regulators will help mitigate risks, says Figment exec
Source: Cointelegraph.com NewsRobert Ellison noted that a regulatory framework for staking is achievable because the concept…
Britain’s pensions agency to remove Chinese-made security cameras, ban new purchases
Source: Tech – South China Morning PostBritain’s Department of Work and Pensions is the second government…
Taiwan, US to hold first trade talks under new initiative
Source: China – South China Morning PostTaiwan’s top trade negotiator John Deng and deputy US trade…
China’s May industrial profits kept tumbling, raising calls for more government support
Source: China – South China Morning PostChina’s gross domestic product (GDP) may grow by about 1…