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US Commerce Dept. asks digital asset industry for input on competitiveness framework
5.7.2022
The federal agency received eight responses to a request for comment on a document mandated by U.S. President Joe Biden’s March 9 executive order on digital assets
E-commerce Giant Ebay Files Trademark Applications Covering Wide Range of Metaverse, NFT Services
30.6.2022
E-commerce giant Ebay has filed two trademark applications covering a wide range of products and services relating to the metaverse and non-fungible tokens (NFTs). Ebay’s NFT, Metaverse Trademark Applications Ebay Inc. (Nasdaq: EBAY) filed two trademark applications with the United States...
E-Commerce Giant Ebay Acquires NFT Marketplace Knownorigin
23.6.2022
The e-commerce and online auction giant Ebay has announced the company has acquired the non-fungible token (NFT) marketplace Knownorigin. Ebay declared that the acquisition is an “important step in Ebay’s tech-led reimagination.” Ebay Purchases NFT Marketplace in Order to Make...
Shopify unveils tokengated commerce as part of new connect-to-consumer experience
22.6.2022
Select merchant partners will be able to rollout exclusive goods for NFT tokenholders
McKinsey: The Metaverse Could Generate $5 Trillion by 2030 — ‘Simply Too Big to Be Ignored’
20.6.2022
Global consulting firm McKinsey & Company has forecasted that the metaverse may generate up to $5 trillion by 2030. In addition, more than 80% of commerce could be impacted by activities in the metaverse. Metaverse Could Generate $5 Trillion by 2030 Global management consulting firm McKinsey...
Metaverse could be worth $5 trillion by 2030: McKinsey report
16.6.2022
A new report from global consulting firm McKinsey found that the metaverse could be worth $5 trillion by 2030
Felix Capital Raises $600 Million to Grow Web3 Exposure
11.6.2022
Felix Capital, a London-based VC company, has raised $600 million in its fourth fundraising round, this being its biggest yet. The company, which has been investing in commerce and money-tooling startups, is planning to use part of the funds raised to increase its Web3 exposure as part of its...
NFTICALLY Announces COMEARTH, the Leading E-Commerce Metaverse Ecosystem
9.6.2022
NFTICALLY, a Web3 E-Commerce SaaS platform that powers over 9,000 NFT Marketplaces & Storefronts globally, announces the world’s first e-commerce Metaverse ecosystem – COMEARTH. COMEARTH will allow brands to own virtual land and open storefronts, experience centers, or...
Ledgible Closes $20M Series A Round With Key Institutional and Strategic Investors
7.6.2022
PRESS RELEASE. ATLANTA, June 7, 2022 – Ledgible, the leading professional-first crypto tax and accounting platform, today announced $20 million in funding for its Series A Round led by EJF Capital LLC (“EJF”) through its affiliate, the EJF Silvergate Ventures Fund. Joining...
New York Bill That Aims to Establish a Bitcoin Mining Moratorium Awaits Governor Hochul’s Signature
3.6.2022
The state of New York passed a bill that puts a moratorium on specific types of cryptocurrency mining operations that leverage carbon-based energy sources. The policy will place a two-year ban on proof-of-work (PoW) mining if the assembly bill is approved by New York governor Kathy Hochul. New York...
Commerce Dept. Asks for Public Comments on Framework for US Crypto Competitiveness
19.5.2022
The request is in response to Joe Biden’s executive order in March asking for agencies to coordinate their approach to digital assets
The Dept. of Commerce has 17 questions to help develop a crypto framework
19.5.2022
The DoC’s series of 17 questions is set to be published on May 19 and asks for comments from the public that will inform the department’s creation of a regulatory framework for crypto businesses
Japanese e-commerce site adopts BTC and XRP payments for used cars
9.5.2022
The development marks the first time XRP digital currency will be used on a cross-border Japanese e-commerce site
GameFi Project ArchLoot Provides NFT User Builder for Creative Playability
3.5.2022
PRESS RELEASE. Singapore, May 3, 2022 – NFTs have disrupted the gaming industry with their unique benefits. It has been gaining popularity as many have welcomed the advent of play-to-earn (P2E) for considerable rewards, with also disquiet over the unwelcome intrusion of commerce into...
Tokens․com Makes a Big Metaverse Move into SuperWorld
26.4.2022
PRESS RELEASE. The Web3 Investment firm has purchased 40 NFT plots of virtual real estate on the SuperWorld platform. From companies like Apple and Facebook to brands like Puma and Gucci and beyond, suffice it to say the Metaverse is becoming the new frontier for commerce and community. And right...
Amazon CEO: Crypto Will Become Bigger, NFTs Will Grow ‘Very Significantly’
15.4.2022
The CEO of e-commerce giant Amazon is optimistic about crypto and non-fungible tokens (NFTs). He says that over time crypto will “become bigger” and NFTs will continue to “grow very significantly.” CEO on Amazon Accepting Crypto Payments and Selling NFTs Amazon CEO Andy...
Russian Chamber of Commerce Suggests Using Cryptocurrencies in Settlements With Africa
14.4.2022
Employing crypto in cross-border payments is one of the proposals put forward by the Russian Chamber Of Commerce lobbying for more cooperation with African countries. Amid unprecedented sanctions limiting Russia’s ability to trade internationally, the head of the board has urged...
Amazon CEO expresses optimism about the future of cryptocurrencies and NFTs
14.4.2022
As told by Andy Jassy, the e-commerce giant may integrate NFTs later down the line
Russia should use crypto for payments with Africa, commerce exec says
14.4.2022
Russia should deploy cryptocurrencies and CBDCs for settlement and payments with Africa, the president of the Chamber of Commerce and Industry believes
Review: Gala Games blockchain platform combines gaming and commerce
8.4.2022
A new gaming platform by Gala Games combines development, play-to-earn and a gaming store in one spot