Global #web3

The Philippines has taken a significant step into the digital age by adopting Tether's USDT stablecoin as a payment option for its Social Security System (SSS) contributions.

Pudgy Penguins, the popular NFT project known for its adorable penguin characters, is making a strategic move to expand its ecosystem. Igloo, the parent company of Pudgy Penguins, has recently acquired Frame, a blockchain development studio, with the aim of creating a dedicated Layer 2 solution for the project.

In a move that could significantly enhance cross-chain identity verification, Wormhole, the popular cross-chain interoperability protocol, has been awarded a grant by the Worldcoin Foundation to integrate World ID onto the Solana blockchain.

The Solana Foundation has unveiled a new set of tools designed to make it easier for developers to bring blockchain functionality to everyday applications. These tools, "Actions" and "blockchain links" (Blinks), aim to bridge the gap between the world of decentralized applications (dApps) and mainstream user experiences.

Hong Kong has taken a step forward in embracing the potential of Web3 and virtual assets by inviting the global community to share their thoughts on the future of these technologies.

Ethereum, the second-largest cryptocurrency by market capitalization, has emerged as a leading contender for the top cryptocurrency investment in 2024. With a robust technological foundation and a thriving ecosystem, Ethereum offers numerous compelling reasons for investors to consider.