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Renault Launches Its Industrial Metaverse, Aims to Save $330 Million by 2025
15.11.2022
Renault, one of the biggest automakers in the world, has announced it has built the first industrial metaverse, with all its production lines supplying data to this world. According to the company, this digital twin replica will allow it to save $330 million by 2025, diminishing warranty expenses...
Axie Infinity P2E outranked as hot new Toon Finance coin takes over
15.11.2022
Toon Finance Takes over P2E industry If you look at Axie Infinity at its peak, you will soon see that it had well over 3 million players. The market cap also stood at $10 billion as well. Players in a lot of developing countries were said to be reporting way more money from playing the …
Nike Launches Web3 Platform Offering Virtual Apparel and Other NFT-Based Products
15.11.2022
Sportswear giant Nike has launched .Swoosh, a new Web3 platform that will be used to launch virtual apparel like t-shirts and sneakers for avatars.
Nike became one of the biggest fashion-world players in Web3 in mid-December last year when the company acquired RTFKT, a virtual sneakers company...
FTX collapse is Trust Wallet Token's gain — Why did TWT price soar 150% in six days?
15.11.2022
An exodus from centralized cryptocurrency exchanges after FTX's collapse appears to be the primary reason behind Trust Wallet Token's massive rally
Yuga announces successful acquisition of WENEW, 10KFT NFT Project
15.11.2022
Yuga has completed its acquisition of WENEW, and the company has officially announced its success. The most notable aspect of this incident is that Yuga also acquired access to their 10KTF NFT collection. This partnership, which will be advantageous to both parties involved, will have an immediate...
Bitget Raises Its Protection Fund to $300M to Reassure Users After FTX’s Collapse
15.11.2022
PRESS RELEASE. Nov 15th, 2022 – Leading global cryptocurrency exchange, Bitget announces that it will increase its Protection Fund to 300 Million USD, in order to provide better protection and further assurance to crypto users. This is part of Bitget’s major efforts in building...
FTX hacker still draining exchange wallets? Analyst calls it on-chain spoofing
15.11.2022
The FTX hacker managed to steal $477 million out of the $650 million moved on-chain on Nov.11 and currently holds $62 million in total assets
Rosen Bridge is now live on Ergo and Cardano
15.11.2022
In recent times, Ergo has experienced a variety of highly favorable and extremely beneficial advancements that are fascinating. The Rosen Bridge being placed live on the Cardano and Ergo are, however, the most noteworthy of any of these developments. This event is currently taking place in the form...
Bitcoin Bull Michael Saylor Says FTX Crash Can Benefit BTC – Here’s What He Said
15.11.2022
“The FTX collapse is an expensive ad for Bitcoin,” said former MicroStrategy CEO and bitcoin (BTC) bull Michael Saylor.
In a tweet on Monday, Saylor argued that the only future for the crypto industry that is actually viable is “registered digital assets trading on regulated digital...
Biswap x IguVerse, a collaboration to look out for
15.11.2022
Biswap and IguVerse could soon head into what one can only call the mighty integration in the Web3 gaming industry. There will be numerous advantages and opportunities for users as a result of the collaboration. One of these is the BNB Chain’s ability to execute transactions quickly...
Could South Korean Crypto Exchanges Be Safe from Bankruptcy Risk?
15.11.2022
With some of the biggest names in the crypto exchange game apparently teetering on the cusp of bankruptcy, attention in South Korea is turning to domestic trading platforms. And some are suggesting that the nation’s sector may be safe from insolvency – at least for the time being.
Per a report...
FTX debacle sees Nansen take stock of major exchange onchain holdings
15.11.2022
Blockchain analytics firm Nansen has released an overview of major cryptocurrency exchanges’ onchain asset holdings and portfolios in the wake of FTX’s collapse
Trezor reports 300% surge in sales revenue due to FTX contagion
15.11.2022
The hardware wallet firm is certain that the latest uptick in demand is a result of investors rescuing their funds in the aftermath of the FTX failure
Metaverse of Entertainment Expected to Grow to Almost $29 Billion Driven by Consumer Spending by 2026, Study Says
15.11.2022
A study from Technavio, a market research firm, has predicted that the area of the metaverse dedicated to entertainment, including virtual concerts, video games, and movies, will grow to $28.92 billion in value from 2021 to 2026. The report states that 33% of this growth will originate in U.S....
Law Decoded, Nov. 7–14: How regulators reacted to the FTX crash
15.11.2022
While some lawmakers expressed their eagerness to quick up the regulatory progress, others blamed the SEC in FTX's monopoly
Defunct Billion-Dollar Crypto Hedge Fund Three Arrows Capital Speaks Out, Blames Collapse on FTX
15.11.2022
Kyle Davies, founder of the collapsed crypto fund Three Arrows Capital (3AC), has lashed out at FTX, claiming that the exchange hunted their positions during the LUNA collapse.
Speaking on the fallout of crypto exchange FTX and its trading arm Alameda Research, Davies said the firms were also...
Billionaire Mark Cuban Still Believes in Crypto Despite Price Crash, Compares to Early Days of Internet
15.11.2022
Despite the ongoing crypto market downturn which was further intensified by crypto exchange FTX’s collapse, many seasoned investors demonstrate their firm belief in crypto, with the Dallas Mavericks owner Mark Cuban declaring he is convinced the technology’s utility related to smart contracts could...
BTC losses get real as Bitcoin SOPR metric hits lowest since March 2020
15.11.2022
Sale price versus price paid diverges the most in over two years — since the last Bitcoin "black swan" event
Crypto Twitter unhappy with SBF 'puff piece' pushed by mainstream media
15.11.2022
While SBF refuses to interact with Crypto Twitter, the same community he once called home, he was featured in New York Times trying to explain the sequence of events that led to the fall of FTX
Frutti Dino forms merger with Chainlink VRF
15.11.2022
There has been a successful merger between the Frutti Dino, a 3D game project developed by Monoverse, with the Chainlink Verifiable Random Function (VRF) system. This has been placed successfully on the BNB Chain mainnet. Consequently, the VRF is a top-tier decentralized oracle-based network. This...