Global

An Australian Member of Parliament (MP) has recently voiced their strong support for blockchain technology, stating that the country needs it "more than ever." This statement comes at a time of increasing interest in blockchain's potential to revolutionize various sectors within Australia, including finance, supply chain management, and government services.

Unisat, a leading Bitcoin service provider renowned for its Ordinals marketplace, recently experienced a remarkable surge in on-chain activity following its highly anticipated PIZZA airdrop. This surge has significantly impacted several key metrics, including volume, transactions, and user engagement, solidifying Unisat's position as a major player in the Bitcoin ecosystem.

In a move that signals Uniswap Labs' ambition to be a major player in the Web3 gaming landscape, the company has acquired 'Crypto: The Game'. The terms of the deal have not been disclosed.

Australia has implemented a nationwide ban on the use of credit cards and cryptocurrencies for online betting activities. The new regulation, effective immediately, aims to curb problem gambling and protect consumers from financial harm.

Floki Inu (FLOKI), a cryptocurrency that began as a memecoin inspired by Elon Musk's Shiba Inu dog, is venturing into philanthropy. The organization has set its sights on India, aiming to construct a school to address the country's educational accessibility challenges.

The cryptocurrency market has seen a significant influx of investment capital over the past five weeks, with a total of $4.3 billion poured into the sector. This surge in investment activity suggests growing confidence among investors in the long-term potential of digital assets.