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Hedera Secures $250 Million Partnership with Saudi Ministry of Investment for Web3 and Deep Tech Development
6.2.2024
Hedera, a leading Proof of Stake (POS) blockchain platform, has embarked on a transformative five-year partnership with the Saudi Ministry of Investment (MISA) to catalyze the development of Web3 technologies in the region. The collaboration, valued at $250 million, was unveiled during...
Former Terra Development Team Leader Testifies Against Do Kwon
6.2.2024
On February 5, reports emerged from the Korean daily newspaper Chosun, detailing how a former Terra development team leader had come forward with testimony challenging Terra founder Do Kwon. According to the newspaper, the 14th Criminal Division of the Seoul Southern District Court examined...
Elden Ring Mobile Version In Development, Reports Say
6.2.2024
With games like the Resident Evil 4 remake and Death Stranding becoming playable on iPhones, it seems like just about anything can be a mobile game these days. Even Elden Ring, developer FromSoftware’s 2022 open-world RPG, could be coming to phones. At least that’s according to a recent report from...
Pundi X Initiates PURSE Token Distribution to Boost DePIN Development
6.2.2024
Pundi X, a blockchain-based point-of-sale solution, has initiated the first phase of its PURSE token distribution in a bid to incentivize builders and participants of the Decentralized Physical Infrastructure Network (DePIN). The distribution of PURSE tokens leverages DePIN technology to reshape...
Grayscale CEO Demands Public Options Market For Bitcoin Spot ETFs
5.2.2024
Grayscale CEO Michael Sonnhenshein is calling for approval of public options on Bitcoin spot ETFs after his company’s Bitcoin fund successfully converted into one last month. “It’s never been more important for the crypto and ETF communities alike to advocate for the development of a robust listed...
Tether Leads Crypto Mobile App Oobit’s $25 Million Series A Funding
5.2.2024
Tether announced today that it led a $25 million Series A funding round for crypto mobile payments app Oobit. Crypto’s biggest stablecoin issuer said the funding will contribute to Oobit’s ongoing development. The mobile app enables users to tap and pay for goods and services with their...
Apex Legends Is One Of The Few Games Doing Ranked Right
5.2.2024
Apex Legends is celebrating its fifth anniversary in style, with major changes coming to the battle royale across the loot pool, armor system, and Legend abilities later this month. During a two-day presentation and hands-on media preview, developer Respawn also outlined extensive plans to rework...
Beijing Censors Crypto Mining Activities to Strengthen Energy Conservation
5.2.2024
Beijing, China has further doubled down on crypto mining activities as a part of its revamped energy conservation implementation plan. Per a recent government notice, the Beijing Municipal Development and Reform Commission along with 11 other departments have implemented revised plan to further...
Cardano’s Decline Leads Holders to Switch from ADA to Pandoshi (PAMBO)
4.2.2024
  Once a leading smart contract network, Cardano has fallen far behind its competitors and the distance keeps growing. This is largely due to the network’s peer-reviewed development method, which mandates that every platform update must be thoroughly scrutinized by numerous experts....
Qtum Platform to Serve $1.7 Trillion Global Blockchain Development Market in 2024 Expansion Plan
3.2.2024
PRESS RELEASE. The new Qtum roadmap for 2024 will pioneer Qtum’s first USDC token swaps with a token bridge, support for Bitcoin Ordinals, and upstream support to Qtum Core. These new features are likely to open the DeFi floodgates, significantly increase chain volume, and attract developers....
Over 500 Studios Are Working On Live-Service Games
2.2.2024
A new game industry survey revealed that over 500 studios around the world are currently working on or maintaining live-service video games like Destiny 2, Suicide Squad, and Fortnite.Read more
Naughty Dog Says There’s ‘Probably One More Chapter’ In The Last Of Us
2.2.2024
If, for whatever reason, you weren’t satisfied with the hopeful ambiguity of The Last of Us Part II’s ending, it sounds like Naughty Dog still thinks there’s at least one more bullet in the chamber for the series. Director Neil Druckmann has revealed in the Grounded II: The Making of The Last of...
Meta’s Reality Labs Reports $4.65 Billion Operating Loss in Q4 2023 as Metaverse Efforts Continue
2.2.2024
Meta subsidiary Reality Labs, which focuses on the development of the metaverse, recorded a significant operating loss of over $4.6 billion in the fourth quarter of 2023. In its fourth-quarter report, released on February 1, Meta revealed that Reality Labs reported a loss of $4.65 billion during...
Celsius Emerges From Bankruptcy, Begins to Distribute $3 Billion to Creditors
1.2.2024
Celsius has concluded its Chapter 11 bankruptcy process and is embarking on a new journey with the launch of Ionic Digital, Inc., a bitcoin mining company managed by Hut 8 Corp. This development follows a complex legal and financial restructuring, which will include over $3 billion distributed...
What Crypto Can Learn From the Internet’s Playbook
1.2.2024
The connection between crypto and the internet is rooted deep in the digital DNA that defines our modern era. A recent Architect Partners report delves into how the internet’s journey can offer valuable lessons for the development of crypto. It explores the maturation of emerging tech...
Fintech Provider Portal Raises $34 Million in Seed Funding
1.2.2024
Portal, the provider of a decentralized Bitcoin ecosystem, announced on Jan. 30 that it has raised $34 million via a seed funding round. Portal said the raised capital is set to fund the development of a decentralized exchange platform and a wallet. Layer 2 Atomic Swap Technology Portal, a fintech...
sub0 Reveals Agenda and Speaker Line-up for Next Iteration of Annual Polkadot Developer Conference in Asia
1.2.2024
  Bangkok, Thailand (February 1, 2024) – The Polkadot Developer Conference, sub0, has announced the full agenda and final speaker lineup for its annual conference at Lhong 1919, in Bangkok, Thailand on March 12th and 13th, inviting ingenuity, collaboration and further Web3 development to Asia....
Web3 Lost $127M to Hackers in January 2024 + More Crypto News
31.1.2024
Get your daily, bite-sized digest of blockchain and crypto news – investigating the stories flying under the radar of today’s news. In today’s edition: Web3 Lost $127M to Hackers in January 2024; Up 5.9x YoY Messari Expands Market Intelligence Services to Europe Portal Raises $34 Million from Major...
Circle to Launch USDC Natively On Celo + More Crypto News
30.1.2024
Get your daily, bite-sized digest of blockchain and crypto news – investigating the stories flying under the radar of today’s news. In today’s edition: Circle to Launch USDC Natively On Celo Stablecoin Development Gathers Pace PDX to Release Beta Version of Banking and Payments Product __________...
What Lies Ahead for Crypto Now That the Fabled Bitcoin ETF Is Here? — Calaxy CEO Solo Ceesay
30.1.2024
It finally happened. Well into the second decade of the digital assets revolution, we’ve finally witnessed the approval of the highly anticipated spot Bitcoin ETF. Dubbed by Michael Saylor as “the biggest Wall Street development in the last 30 years”, the launch of the spot Bitcoin ETF is...