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South Korea Doubles Down on Metaverse, Announces $51 Million Investment in Related Projects
11.3.2023
The Ministry of Science and ICT of South Korea has approved investments of $51 million in various metaverse projects, doubling down on its metaverse bet for the future. The investment includes a fund for supporting the growth of metaverse companies and another special investment to build several...
Blockchain.com Shutters Asset Management Subsidiary Amid Crypto Winter and Industry Turmoil
11.3.2023
According to reports and a filing that shows its name struck off the U.K. companies’ register list, Blockchain.com is sunsetting its Blockchain.com Asset Management subsidiary. A company spokesperson cited deteriorating “macroeconomic conditions” and the “crypto winter”...
Square Enix Boss Disappointed With Forspoken Sales But Still Excited For NFT Games
10.3.2023
Stop me if you’ve heard this one before: Square Enix is disappointed in the sales of one of its games. Tomb Raider, Hitman, Outriders, Guardians of the Galaxy—it’s a long list, and Forpsoken just got added to it. Current Square Enix president Yosuke Matsuda said during the company’s most recent...
Report: Thai Govt to Grant Tax Waivers to Issuers of Digital Asset Investment Tokens
10.3.2023
Thailand’s government has said companies that issue digital tokens will receive a waiver that exempts them from paying corporate and value-added tax. According to a report, the Thai government anticipates losing just over $1 billion in tax revenue as a result of the waiver. Relaxation of...
US Accounting Watchdog Issues Warning on Crypto Proof-of-Reserve Audits: Investors Urged to Exercise Caution
9.3.2023
According to a recent warning by the U.S. Public Company Accounting Oversight Board (PCAOB), crypto proof-of-reserve (POR) audits have limitations, and the board believes that investors should exercise caution when dealing with companies using POR audits. PCAOB Calls for Investor Caution and...
Coinbase Launches Wallet-as-a-Service to Bring Millions to Web3
9.3.2023
On March 8, Coinbase announced the launch of its Wallet-as-a-Service (WaaS) product. The WaaS product aims to “bring the next hundred million consumers into Web3 through a seamless wallet-onboarding experience.” The Coinbase WaaS offers wallet infrastructure application programming...
Coinbase Starts ‘Wallet as a Service’ That Companies Can Build Into Their Own Apps
8.3.2023
The U.S. crypto exchange says the new wallet-as-a-service could help companies “to help bring the next hundred million customers into Web3 through a seamless wallet-onboarding experience.”
Solidus – Invest in the Future
8.3.2023
PRESS RELEASE. It is incredible to see the utilisation of AI in every industry in some shape or form, but above all else, companies such as ChatGPT or DALL-E that are able to respond to millions of requests within a matter of seconds provide a clear illustration of the amount of processing...
The Disney World Debut Of The Mandalorian & Baby Yoda Was Chaos
2.3.2023
To celebrate the start of The Mandalorian season 3, the eponymous character and his surrogate child, Grogu, appeared for the first time ever at Walt Disney World in Orlando, Florida on March 1—and it was predictably chaotic. While The Mandalorian and not Baby Yoda are regulars at California’s Walt...
Puerto Rico Defines Act 60 Tax Exemptions for Blockchain Companies
1.3.2023
The Economic and Commerce Development Department of Puerto Rico (DDEC) has issued a document in which it defines the rules that blockchain projects must follow to receive tax benefits that the state offers companies. The action seeks to create an “atmosphere of certainty and stability”...
Zimbabwean Blockchain Startups Launch Service to Help Migrants Efficiently Move Funds Across Borders
1.3.2023
Two Zimbabwean startups, Flexid and Uhuru Wallet, recently launched a platform that offers digital identity and remittance services to migrants living and working in South Africa. The two startups hailed what they’ve described as the “first cross-chain collaboration between the...
Today in Crypto: Casper Labs' Collab with Google Cloud, Yuga Labs' Experimental Collection, Robinhood's Subpoena, Trezor's Silicon Chips, UAE's Digital Asset Companies Free Zone
28.2.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today's crypto news.__________...
Read More: Today in Crypto: Casper Labs' Collab with Google Cloud, Yuga Labs' Experimental Collection, Robinhood's Subpoena, Trezor's...
Japanese Tech and Finance Giants Launch Japan Metaverse Economic Zone
28.2.2023
Several Japanese tech and finance giants have signed a document to create the Japan Metaverse Economic Zone, a multipurpose virtual universe that will have its base in a platform called Ryugukoku. The virtual world will allow these companies to share their technology with users as it lets them roam...
Tech companies enter agreement for 'Japan Metaverse Economic Zone'
27.2.2023
A group of major Japanese technology companies including Fujitsu Ltd. and Mitsubishi Corporation came together in a new agreement to help advance the country’s metaverse sector
Reports Indicate USDT Is Being Used in Venezuela to Facilitate Settlements and to Avoid Sanctions
27.2.2023
Some companies in Venezuela are using the stablecoin tether as a way of sidestepping sanctions and settling payments with foreign customers and providers. Local reports indicate that, while the most popular use case for the stablecoin involves its purchase for devaluation shielding purposes,...
Pharma companies team up with DeSci to accelerate scientific research
25.2.2023
Pfizer is now the first big pharma to participate in a decentralized autonomous organization (DAO)
Ankr partners with Tencent to provide the readymade blockchain to Web3 companies
24.2.2023
Ankr recently announced entering a partnership with Tencent Cloud. The technology provider released an official tweet and post to inform users about the partnership. According to Ankr, the collaboration will see both parties creating a complete suite of blockchain API solutions. These services will...
Tencent to Offer Metaverse-Building Services for Asian Markets
24.2.2023
Tencent, the Chinese software and tech company, has announced its metaverse suite of services designed to target Asian markets. The company revealed that it will revamp its media offering with its new “metaverse-in-a-box” proposal, which aims to facilitate the task of building virtual...
Pricey First-Party PS5 Games Everyone Should Play Are On Sale
23.2.2023
We get it, new-gen games are expensive. At $70 a pop for PlayStation’s most sought after first-party games that are jam-packed with all the goodies you’d want in a PS5 game (like ray-tracing, higher frame rates, and less load times), it’s understandable if you don’t have an extensive collection...
Here's why crypto companies need to focus on embedded finance
20.2.2023
Personalized offers, financing loans, insurance, seamless payment and preferred payment mode were some of the key features that came out as top priorities for customers