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Brazil Recognizes Blockchain Technology for Government Operations

• Brazil's Sao Paulo has adopted a new law recognizing blockchain technology as a tool for government operations. • The law acknowledges the potential of blockchain to improve data accessibility and openness. • The law's author, Maria De Carli, defended the broad terminology used to describe blockchain technology in the text. Brazil's Sao Paulo has recently adopted a new municipal data and transparency law that recognizes blockchain technology as a tool that may be utilized to facilitate government operations. This is an important step towards the recognition of blockchain technology as a tool that may be used by governments to...
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3HOUSE Launches Campfire Initiative: Deep Dive Into Web3 Investment Principles

• 3HOUSE, a leading Web3 investment community, recently introduced the “Campfire” initiative - a comprehensive deep dive into Web3 investment principles. • The Campfire initiative is designed to help investors gain a deeper understanding of the industry and make more informed investment decisions. • The 3HOUSE platform is available as a web app and users are limited to one unique account. The 3HOUSE Web3 Investment Community recently announced its new initiative to provide comprehensive "deep dives" into the Web3 industry - the "Campfire" initiative. With this new program, 3HOUSE aims to bring investors closer to the core principles of Web3...
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Tencent Challenges ByteDance’s Dominance in Short Video Platforms

• Tencent, a Chinese multinational and entertainment company, is challenging ByteDance's dominance in the short video platform with its own TikTok. • Tencent has created a team of content creators to launch its own version of TikTok, which is already available in the Chinese market. • Tencent is promoting its app's short-video platform through events such as live-streamed concerts featuring the Backstreet Boys, Westlife, and Taiwan's Jay Chou. Tencent Holdings, a Chinese multinational and entertainment company, is making a push to challenge ByteDance's dominance in the short video platform market with its own version of TikTok. The tech giant has...
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Wyre Removes Withdrawal Cap, Secures Additional Funding From Strategic Partner

• Wyre has removed its withdrawal cap after securing additional funding from a strategic partner. • The crypto payment platform had imposed a 90% withdrawal limit on its users and had laid off 75 employees. • The CEO of Wyre noted that the firm was scaling back operations to plan its next steps. Wyre, a crypto payment platform, recently removed its withdrawal cap after securing additional funding from a strategic partner. This comes after the company announced that it was imposing a 90% withdrawal limit on its users and laid off 75 employees. The crypto winter had put the company...