A clause in Utah’s Blockchain and Digital Innovation Amendments bill, which would establish a Bitcoin reserve, was dropped right before the final Senate vote. Referred to as House Bill 230, Utah’s State Senate passed the bill with a 19-7-3 vote on March 7. However, this version no longer includes the Bitcoin reserve clause. The bill is now headed to Governor Spencer Cox for approval. Initially, the bill proposed allowing Utah’s state treasurer to invest up to 5% of certain public funds into Bitcoin and other qualifying digital assets. Utah was…
Tag: Blockchain
Brazil blockchain goes postal, Gemini, Kraken IPO plans and more
Crypto exchange Gemini to file for initial public offering Gemini is reportedly mulling an initial public offering this year, with Goldman Sachs and Citigroup involved in the process. The exchange, founded by billionaire twins Cameron and Tyler Winklevoss, has not made a final decision about the details of the listing, according to a March 7 Bloomberg report, which cited people familiar with the matter. Gemini did not immediately respond to Cointelegraphs request for comment. This comes as the United States Securities and Exchange Commission closed its investigation into Gemini on…
US housing dept mulls blockchain, stablecoin to pay and monitor grants: Report
The US Department of Housing and Urban Development is reportedly looking to experiment with using blockchain and a stablecoin for some of its functions. The department, whose duties include overseeing social housing, has so far discussed the possibility of using blockchain to monitor grants, ProPublica reported on March 7, citing a meeting recording, documents and three officials familiar with the matter. Also discussed was the idea of experimenting with paying a HUD grantee using a stablecoin, which could first be tested in one of the department’s offices before being applied…
BNB Incubation Alliance in Denver Unveils Winning Blockchain Projects
Jessie A Ellis Mar 09, 2025 23:52 BNB Chain reveals winners of the BNB Incubation Alliance at ETHDenver, aiming to accelerate blockchain innovations and onboard the next billion Web3 users. BNB Chain has announced the winners of its BNB Incubation Alliance (BIA), a significant event held during ETHDenver. This initiative marks a crucial step in BNB Chain’s mission to support and accelerate the growth of blockchain projects, with a long-term vision to onboard the next billion Web3 users. The Winning Projects Judges…
Tunisia Tackles Education Fraud With Blockchain Technology
The Tunisian government has adopted a blockchain-based diploma verification system to combat fake educational documents. Implications for Tunisian Public Sector Integrity The Tunisian government has reportedly adopted a blockchain-based diploma verification system at its higher education institutions. The system is intended to help education officials weed out fake educational documents that some Tunisians have used […] Source CryptoX Portal
Blockchain industry braces for White House Crypto Summit: What to expect
Crypto business leaders and US government officials are set to meet at the White House Crypto Summit on March 7, a high-profile event that follows President Donald Trump’s executive order to establish a strategic Bitcoin (BTC) reserve and national digital asset stockpile. The event — the agenda of which is not yet public — will feature prominent figures from the crypto industry, including Strategy executive chairman Michael Saylor, Coinbase CEO Brian Armstrong and White House AI and Crypto Czar David Sacks. The Trump administration has moved quickly on a number…
AI agents and blockchain are redefining the digital economy
Opinion by: Arunkumar Krishnakumar, head of institutional growth at Marinade Finance The rise of the internet and social media has redefined how brands reach out to billions of users worldwide. There is constant competition for users’ attention, to the extent that the digital ecosystem is meticulously engineered for distraction. Welcome to the attention economy, where engagement metrics are prioritized over meaningful user experiences. People are bombarded with notifications, advertisements and content optimized to capture clicks rather than fulfill needs. A 2020 study by The Economist Intelligence Unit found that 28%…
Indian town adopts Avalanche blockchain for tamper-proof land records
The district administration for a town in India has digitized all land records dating back to the 1950s and stored them on the Avalanche blockchain in a move toward transparent, tamper-proof land governance. On March 6, the Dantewada District Administration of Chhattisgarh, India, announced that it had digitized over 700,000 land records via the Office of Land Records. The digitized records were secured on the Avalanche blockchain in collaboration with Indian blockchain startup LegitDoc by Zupple Labs. Indian Administrative Service (IAS) officer Mayank Chaturvedi, who is the district collector of…
Linea Transitions to Native USDC, Enhancing Blockchain Payment Solutions
Caroline Bishop Mar 05, 2025 07:17 Linea’s upgrade to native USDC marks a pivotal moment for blockchain payment networks, promising seamless transactions and enhanced security for DeFi and personal finance applications. In a groundbreaking move for blockchain payment networks, Linea, a prominent Layer-2 (L2) blockchain, is set to upgrade from Circle’s Bridged USDC Standard to native USDC. This transition is expected to bring significant enhancements to the network without requiring any action from users or developers, according to linea.mirror.xyz. The upgrade, which…
Ethereum’s Devconnect 2025 to Transform Buenos Aires into Blockchain Hub
Zach Anderson Mar 05, 2025 06:10 Devconnect 2025 will be held in Buenos Aires, Argentina, from November 17-22, aiming to boost Ethereum adoption and showcase blockchain innovations. Ethereum’s much-anticipated Devconnect 2025 is set to take place in Buenos Aires, Argentina, from November 17 to November 22. The event aims to further solidify Argentina’s position as a leading adopter of Ethereum technology, according to the Ethereum blog. Argentina’s Role in the Blockchain Ecosystem Argentina has emerged as a significant player in the blockchain…