Web3

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  Starknet Foundation’s James Strudwick on Why Web3 Gaming Adoption Remains Stagnant 

  James Strudwick, executive director of Web3 firm Starknet Foundation, told Gadgets 360 that although Web3 gaming's growth might have appeared sluggish on the surface, the ecosystem had managed to make gradual progress in recent times. Strudwick said that onboarding challenges, unfamiliar UX, and limited awareness were among crucial factors that wer...

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  Airtel Chairman Sunil Mittal Urges Government to Introduce Regulatory Framework for AI, Crypto 

  Sunil Mittal has urged the government to set clear crypto rules to oversee the sector. The Airtel founder was speaking at the Confederation of Indian Industry's (CII) Annual Business Summit 2025, where he addressed the recent growth of the digital assets sector.

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  Dubai's Real Estate Tokenisation Pilot Goes Live on Dedicated Platform Prypco Mint: Details

  Dubai has launched pilot trials for real estate tokenisation this week. During the trial phase, all transactions will be conducted exclusively in Dirhams, with cryptocurrencies temporarily excluded from the process.

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  Solana Partners Swiss Watchmaker Franck Muller to Launch Limited Edition Web3 Watch 

  Solana and Swiss watchmaker Franck Muller announced the launch of a limited edition of Web3-enabled luxury watch. The price of this watch is CHF 20,000 (roughly Rs. 20.7 lakh), the announcement revealed. 

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  Hong Kong Passes stablecoin Bill, One Step Closer to Issuance

  A stablecoin bill was passed in Hong Kong on Wednesday. Christopher Hui, the city's secretary for financial services and the treasury, said this step laid a solid foundation for Hong Kong's virtual asset market.

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  Dubai's VARA Sets June 19 Deadline for Crypto Firms to Comply With Updated Activity-Based Rulebooks

  Dubai's Virtual Assets Regulatory Authority (VARA) introduced changes to its crypto policies aiming to increase risk oversight and ensure investor security. The policy changes focuses on deploying more control around margin trading and token distribution services among others.

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  Dubai, Crypto.com Ink Deal to Process Payments for Government Services via Crypto

  Dubai's Department of Finance (DOF) has announced a partnership with Crypto.com to process payments for government services in the emirate. The step aligns with the Dubai Cashless Strategy that aims to digitise 90 percent of all transactions recorded in the region. 

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  US Crypto Task Force Spotlights Growing Interest in RWA Tokenisation in Latest Roundtable Meet 

  Paul Atkins, the chairperson of the Crypto Task Force, acknowledged that securities were rapidly migrating from off-chain databases to on-chain ledger networks, indicating adoption of Web3 technologies. He said that tokenisation could enhance capital formation by transforming relatively illiquid assets into liquid investment opportunities.

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  Coinbase Becomes First Crypto Firm to Enter S&P 500 Index in the US 

  Coinbase is set to enter the S&P 500 index in the US on May 19. Its entry into this elite group makes for a significant moment in Web3 history as it is the first crypto firm to become part of the index. Coinbase posted a message of gratitude, announcing the development on X. 

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  Binance’s Security Chief Jimmy Su on Crypto Security, Regulation and More

  In conversation with Gadgets 360, Jimmy Su, the chief security officer of Binance, strongly suggested that crypto firms deploy a multi-layered defence strategy in order to ensure the safety of user funds. Su emphasised that global Web3 industry must prioritise collaborative efforts to combat crime risks. 

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  Dubai's MBS Global Investments to Build $9 Billion Financial Hub in the Maldives: Report

  Dubai-based MBS crypto exchange is set to allocate $8.8 billion (roughly Rs. 74,164 crore) over a period of five years to grow the Web3 ecosystem in Maldives. The creation of the "Maldives International Financial Centre" is the focus point of Maldives' crypto-related masterplan, Financial Times claimed in its report.

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  Binance Partners With Kyrgyz Republic to Introduce Crypto Payments, Increase Web3 Awareness

  The government of the Kyrgyz Republic signed a Memorandum of Understanding (MoU) with Binance on May 4 aiming at a long-term partnership. Sadyr Nurgozhoevich Japarov, the President of the land-locked central Asian country, was present for the MoU signing.

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  Bharat Web3 Association to Host Web3 Cybersecurity Workshop in Bengaluru on May 8

  The Bharat Web3 Association has announced a cybersecurity workshop to be hosted in Bengaluru on May 8. Sridhar Govardhan, the chief information security officer (CISO) of CoinDCX has been invited to discuss the lessons that can be taken from recent breaches that dented the Web3 space. Other senior members from companies like CoinSwitch and Mudrex a...

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  Coinbase, Animoca Brands Announce Web3 Accelerator Initiative in the UK

  Coinbase, Animoca Brands, Fabric Ventures, and Founders Factory have announced an accelerator initiative in the UK, focused on Web3 projects. Alongside the cash reward, the initiative also offers 16 weeks of industry experience from Founders Factory, a startup accelerator firm based in London, UK.

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  Bitget, Avalanche Announce Partnership to Boost Web3 Adoption in India

  Bitget and Avalanche have joined forces to contribute to India’s web3 infrastructure. As part of the partnership, the companies plan on initiating awareness campaigns and educational workshops on crypto safety and blockchain exploration throughout the year as part of the “HODL ON” tours.