Tag: Digital

Laser Digital, Nomura’s Crypto Arm, Receives Operating License From Dubai’s VARA

CryptoX – Cryptocurrency Analysis and News Portal Laser Digital, the digital asset asset subsidiary of financial services giant Nomura, has received an operating license from Dubai’s Virtual Asset Regulatory Authority (VARA), the final stage of the licensing process, the company said in a statement Tuesday. Original Source The post Laser Digital, Nomura’s Crypto Arm, Receives Operating License From Dubai’s VARA appeared first on CryptoX. CryptoX Portal

How digital coins affect the planet

The growing popularity of cryptocurrencies has led to more people looking into how much energy they use and how they affect the environment. Let’s delve into the environmental impact of well-known coins, looking at the technology behind them and the consequences they have on our planet. Ethereum’s evolution toward sustainability Ethereum has cemented its status as a significant player in the blockchain landscape, facilitating the rise of smart contracts and decentralized applications (dApps). However, its influential position comes with an environmental cost. Ethereum recognized this issue and transitioned from the…

Chinese city implements plan for blockchain digital infrastructure system by 2025

The government in the Chinese city of Shanghai issued an implementation plan on July 31 for promoting the development of its urban blockchain digital infrastructure system in the time frame of 2023-2025, according to an update on the government’s webpage.  The update says that the plans have been formulated in order to serve the “strategic goal” of Shanghai’s urban digital transformation, along with strengthening the application of blockchain in the economy, public service and urban governance. It reads that, “breakthroughs in blockchain core technology and standard system construction have been…

British Museum embraces digital collectibles with The Sandbox partnership

The British Museum, well-known for its vast assortment of global artwork and historical objects, has joined forces with The Sandbox, a reputable player in the crypto and metaverse scene. This announcement marks a new journey for the British Museum, marking its transition into digital experiences, an evolution increasingly being adopted by traditional cultural institutions. The British Museum, founded in 1753, has pledged to become a “museum of the world, for the world.” As the world becomes more digital, this mission becomes even more critical. By exploring digital platforms, the museum strives to apply this…

Digital marketing will become Web3’s next major use case, says report

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The Web3 ecosystem could become the next golden opportunity for digital marketers, with almost 200 companies already “thinking deeply” about how to utilize the Web3 tech stack. On July 25, Web3 marketing analytics firm Safary released a comprehensive report titled The Web3 Growth Landscape 2023. It noted that the 2010s were the “golden age of digital marketing” with Web2 growth seeing 150 marketing companies in 2011 increase to 11,000 in 2023. However, over the last three years, the digital marketing landscape has to a more privacy-centric environment. Therefore, marketers may…

Digital Assets Must Take Fraud Prevention Seriously

When evaluating a crypto investment in this environment, it becomes crucial to investigate the project’s governance, risk and compliance (GRC) approach, especially with regard to fraud prevention. Due diligence should show a tech GRC program informed by U.S. Department of Justice (DOJ) guidelines and smart risk mitigations that reflect planning for what is ahead. By way of example, this includes: Source