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Polkadot's Chinese Arm, PolkaWorld, Pauses Operations Amid Funding Controversies

Polkadot's Chinese Arm, PolkaWorld, Pauses Operations Amid Funding Controversies

PolkaWorld, the Chinese community for Polkadot, has halted operations for the first time in four years due to the rejection of its proposal for its #OpenGov initiative. The decentralization of Polkadot's governance and treasury management have led to long-term contributors and organizations leaving the ecosystem. The community has expressed concerns about the ecosystem's lack of appreciation for users, business practices, and marketing, and the decision to temporarily remove the OpenBrush repository from GitHub.

Argentina's fan token drops 31% after losing against Saudi Arabia

Argentina's fan token drops 31% after losing against Saudi Arabia

Argentina's World Cup opener loss to Saudi Arabia hurt the FA Fan Token. ARG token was $7.21 before kickoff and $4.96 after. "The Saudis," a nonfungible token collection themed after Saudi Arabia, rose 52.6% to 0.3 ETH. Algorand is the first blockchain-based FIFA World Cup sponsor. CHZ has fallen 40% since FTX's insolvency news.

A Colombian court recently hosted its first legal trial in the metaverse

A Colombian court recently hosted its first legal trial in the metaverse

The metaverse hosted Colombia's Magdalena Administrative Court's February 15 session. Maria Quinones, the court's Magistrate, called it "realer than a video call."

FIFA Club World Cup 2023 Partners with Modex for Exclusive NFT Collection Launch

FIFA Club World Cup 2023 Partners with Modex for Exclusive NFT Collection Launch

FIFA Club World Cup 2023™ combines football and digital tech with FIFA+ Collect's exclusive NFT series, partnering with Modex to enhance fan engagement and memorabilia experience.

Worldcoin Whitepaper Analysis: Revolutionizing Digital Identity and Global Finance

Worldcoin Whitepaper Analysis: Revolutionizing Digital Identity and Global Finance

Worldcoin aims to establish a global "proof of personhood" system using custom biometric hardware, as outlined in its newly released whitepaper.

Metaverse Giants Collaborate to Form DAO Metaverse Alliance

Metaverse Giants Collaborate to Form DAO Metaverse Alliance

Metaverse developers have collaborated to form the DAO Metaverse called "Open Metaverse Alliance for Web3" (OMA3), aiming to provide enterprises with new decentralized business models.

Worldcoin Announces Circulating Supply Update and Sales to Trading Firms

Worldcoin Announces Circulating Supply Update and Sales to Trading Firms

Worldcoin Foundation's subsidiary, World Assets Ltd., plans to sell WLD tokens to meet the demand for orb-verified World IDs and support the growth of the Worldcoin network. The sales will be conducted through private placements with trading firms outside the US, with measures in place to prevent resales to US individuals. This update will result in an increase in the circulating supply of WLD tokens.

UAE Crypto Insights: 72% Investors Lean Towards Bitcoin

UAE Crypto Insights: 72% Investors Lean Towards Bitcoin

The UAE's crypto investors, according to a survey by KuCoin, are overwhelmingly in favor of Bitcoin, highlighting the need for trust, security, and crypto education, as well as a keen interest in blockchain and AI integration, indicating the country's potential as a crypto hub.

Dinari Secures $10M Seed Funding, Expands Crypto Asset Offerings

Dinari Secures $10M Seed Funding, Expands Crypto Asset Offerings

Dinari, a blockchain-based investment platform, secures $10M in seed funding, launches RWAs on Arbitrum, and expands dShare with crypto-themed assets, bridging TradFi and DeFi.

Paxos Identifies Key Opportunities During Crypto Winter

Paxos Identifies Key Opportunities During Crypto Winter

Blockchain infrastructure provider Paxos has published a report identifying opportunities for crypto projects during the current market conditions, including seeking solutions and partnerships. The report highlights the usefulness of stablecoins while acknowledging the need for greater transparency. Partnerships with businesses addressing real-world needs were also deemed important. The CEO of the Stellar Development Foundation suggested that regulating stablecoins may be necessary to maintain a strong dollar, while a recent Bank of International Settlements report deemed stablecoins a less preferable form of tokenized money.

Visa Launches a Special NFT Auction Ahead of FIFA World Cup in Qatar

Visa Launches a Special NFT Auction Ahead of FIFA World Cup in Qatar

Visa has launched a pre-event NFT auction for the FIFA World Cup

FIS Worldpay Partners with Circle for Merchant Payment Settlements in USDC Stablecoin

FIS Worldpay Partners with Circle for Merchant Payment Settlements in USDC Stablecoin

By partnering with Circle, Worldpay will enable merchants to have the ability to receive settlement directly in USDC stablecoin.

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