In a recent development, the Arbitrum Foundation and Weeb3 Foundation teamed up with the famous nonfungible token (NFT) company Azuki to create a new blockchain-powered network dubbed AnimeChain. Under the partnership agreement, the three companies plan to offer an online anime ecosystem…
Following the sentencing of the former chief executive of FTX, Sam Bankman-Fried, crypto executives have teamed up to prevent the recurrence of another financial fraud. In an interview with the DL News, the chief executive of Cube. Exchange Bartosz Lipiński argued that…
On Tuesday, the financial regulators in Britain unveiled new rules for crypto promoters. The new rules target individuals and businesses creating memes on crypto and other investment types. A statement from the Financial Conduct Authority (FCA) revealed that any advertisement or promotion…
As crypto assets establish strong recovery days ahead of the 2024 Bitcoin halving, the key industry players are optimistic that their investment will generate considerable gains. The strong upward trajectory of Bitcoin demonstrates that the entire BTC ecosystem will blossom. A statement…
On Wednesday, March 26, the giant financial institution HSBC launched tokenized gold for retail clients. The HSBC confirmed that Hong Kong users will access the newly launched tokenized gold. While launching the new product, HSBC argued that the tokenized gold demonstrated the…
With the ongoing development of crypto El Salvador president Nayib Bukele confirmed that his administration moved a measurable amount of Bitcoin assets to cold wallets. These Bitcoin holdings will remain locked in a vault. On X the pro Bitcoin president demonstrated that…
The officials from the US Department of Justice (DOJ) boldly filed for the sentencing memorandum of the embattled crypto investor Sam Bankman Fried. The memorandum was presented before Judge Lewis Kaplan of the Southern District Court on March 16. A review of…
In a recent report, the renowned nonfungible token (NFT) gaming studio Carbonated Inc. secured $11 million in a series A funding round. The Korean-based game studio Com2uS led the funding round in collaboration with fast-paced companies, including Andreessen Horowitz, Cypher Capital, Bitkraft…
The renowned game developer Ubisoft has agreed to collaborate with the XPLA blockchain network to boost the gaming experience. In a March 8 blog post, the Ubisoft team confirmed that it will add the XPLA as its node validator. Driven by the…
On Friday, March 8, the OpenAI reversed the decision of the removal of the chief executive Sam Altman from the board of directors. The decision to remove Mr Altman from the OpenAI board was reached in November 2023 after the CEO failed…
Following the advent of the Metaverse, global scholars have demonstrated an interest in studying the impact of emerging technologies on existing laws. In a recent study, researchers from the United Kingdom examined the impact of emerging technologies such as Metaverse on the…
In a February 27 report, the American-based crypto-miner Hut 8 officially launched the construction of a new mining facility in Culberson, Texas. The Hut 8 team confirmed that the new mining site will generate 63 megawatts that will be directed toward improving…
The volatile nature of the crypto assets evoked mixed thoughts among the key industry players. On X, some of the investors expressed concerns about whether El Salvador’s Bitcoin bid will materialize. Responding to the X post, the President of El Salvador, Nayib…
In a recent report, the former director of the now-defunct crypto firm Blockchain Global has been banned from leaving Australia. At a local court in Australia, the Securities and Investments Commission (ASIC)filed charges against the former executive of Blockchain Global, Liang “Allan”…
OKX, the American-based crypto exchange, has rolled out OKX TR for Turkish users. In a February 27 report, the OKX team confirmed that the newly launched platform will consist of trading pairs with local currency. The report indicated that OKX TR will…
On Wednesday, a young crypto enthusiast revealed plans to embark on an exciting journey of climbing Mount Everest to plant an orange flag with the Bitcoin symbol. The 23-year-old Bitcoiner Dadvan Yousuf will ascend the highest mountain in the world to raise…
In its February 28 update, the famous crypto exchange in Hong Kong, Hashkey, secured a major payment license (MPI) in Singapore. The approval of the Hashkey license demonstrated the company’s commitment to comply with the regulatory requirements. News concerning the approval of…
In its recent report, the prominent stablecoin issuer Circle entered into a strategic partnership with a metaverse-based gaming platform, Overdare. The partnership aims to enable Circle to expand the use case of USDC in the gaming sector. For months, the Overdare team…
In an official announcement, the Ministry of Industry and Information Technology in China cautioned investors about a fake digital yuan that has drawn public attention. The ministry stated that the fake central bank digital currency, commonly known as the digital yuan, resembles…
In an advanced announcement, the Ministry of Culture in the Kingdom of Saudi Arabia launched a metaverse project to support preserving the country’s cultural heritage. The newly launched Metaverse project will document every event that occurred in the history of Saudi Arabia. …
