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In a pioneering move towards enhancing digital identity verification, China is set to develop a blockchain-based personal identification system named Real Digital Identity (RealDID). This system aims to redefine how individuals are authenticated online, bringing a new era of privacy and security to the digital landscape. A Blockchain-Powered Identification System Example (not a real account)...

Cryptocurrencies have long been associated with concerns about illicit activities and their potential use by sanctioned individuals. Tether, one of the leading stablecoin providers, has proactively addressed these concerns in a groundbreaking move.  The company recently announced that it would voluntarily block wallets associated with individuals on the OFAC (Office of Foreign Assets Control) denylist,...

In a dramatic turn of events, the Telegram Open Network (TON) blockchain, celebrated for its sharding technology and remarkable throughput, faced an unexpected crisis… There are 2.5 million unprocessed transactions due to a network freeze The launch of Tonano, a service for minting NFTs tied to ordinary tokens, took an unprecedented toll on the network,...