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Singapore’s Gambling Regulatory Authority (GRA) restricted domestic access to Polymarket, following France and Taiwan, in a move to stop unlicensed online gambling. Singapore has been the latest jurisdiction to force Internet Service Providers (ISPs) to block access to Polymarket, one of the world’s largest decentralized market prediction platforms. Over the weekend, city-state users experienced difficulties in accessing the betting platform. A user shared a screenshot of Polymarket’s homepage on X with the notice from Singapore’s GRA, warning users that the site is illegal. Anyone who tries to access the site could face a $10,000 fine, six months in jail, or both, according to the warning shared in the post. polymarket在坡正式定义为博彩网站，想下注只能去国营博彩公司哦，否则面临...

On Tuesday morning, publicly traded bitcoin miner Marathon Digital created a viral art piece on Bitcoin’s blockchain. However, unlike NFTs, Ordinals, Counterparty assets, or any other type of prior art, Marathon simply ordered transactions in a precise pattern. This block of ordered transactions rendered as a pixelated image on block indexer websites like Mempool.space. Many Bitcoiners shared the image, a corporate advertisement for Marathon, and as such, its media campaign worked. However, Marathon had to forgo some transaction fee revenue in order to carefully craft its block template with less competitively priced transactions. Marathon compensated by increasing public awareness of its block template-building and mining skills. The organizer of one Bitcoin conference poked fun, noting that the ad was uncentered by one pixel . The ad also failed to render on certain block indexers. Nevertheless, its message was communicated clearly enough to thousands of observers. Marathon ord...

Nigeria's federal executive council has approved the national policy on blockchain to help the country develop a regulatory framework to govern the adoption of the technology. Nigeria, known to be one of the world’s most curious nations about Cryptocurrencies like Bitcoin (BTC), has approved the National Blockchain Policy for Nigeria during its meeting on May 3, 2023. The approval was in response to a memo presented by Professor Isa Ali Ibrahim (Pantami), the Honourable Minister of Communications and Digital Economy.  The Federal Ministry of Communications and Digital Economy (FMCDE), in the announcement, cited a report from PricewaterhouseCoopers (PwC), which predicts that the widespread adoption of blockchain technology across various industries could potentially contribute $1.76 trillion to the global gross domestic product by 2030, representing 1.4% of the world's GDP. The National Blockchain Policy for Nigeria was developed by the FMCDE through stakeholder consultations...

The blockchain has not produced any new blocks or processed transactions for at least an hour and 40 minutes, leading some to believe its currently suffering an outage. Layer-2 scaling solution Polygon (MATIC) has not processed a block in over an hour and a half, leading some to believe that the block chain network could be suffering from an outage . Latest blocks and transactions on Polygon. Source: Polygonscan According to data from Polygonscan, the block chain's last block and transaction was processed at around 8:35 pm UTC on Feb. 22. The network has previously suffered network outages, with the last occurring on Mar. 21-22, 2022 due to maintenance required on one of the network's three layers. The Polygon team is yet to comment on the outage . This is a developing story, and further information will be added as it becomes available. Source: https://thebittimes.com/breaking-polygon-blockchain-reportedly-suffers-network-outage-tbt39058.html?utm_source=blogger_sour...