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Sega Bins Blockchain Plans, Calls F2P Games 'Boring'
7.7.2023
In April 2021, at the height of Web 3 Mania, Sega was one of the biggest companies to pledge its future to the scam that was “play to earn”. Now, just two years later and after the ass has completely fallen out of that market, Sega has had a change of heart.Read more
Russian Ministry Proposes ‘Crypto Ban’ – But Miners & Stablecoin Issuers May Be Safe
7.7.2023
The Russian finance ministry has reportedly proposed banning the circulation of crypto in the nation, but wants to make exceptions for stablecoin issuers and crypto miners.
Per Frank Media, sources “familiar with the matter” told the news agency Interfax that the proposals could be bundled with...
He Got Arrested in Russia for a Bitcoin Bribe. Now the Coins Are Moving to Exchanges
6.7.2023
A criminal investigator in Moscow extorted thousands of bitcoin from the crypto hackers he arrested. Now, these coins are moving onto exchanges, Crystal Blockchain found
The EU’s Leaked Metaverse Strategy Proposes Global Regulatory Governance Rules
6.7.2023
The race to build the perfect virtual ecosystem, popularly termed the metaverse is taking shape with huge technology-driven companies at the fore.
However, regulators within the European Union (EU) have warned of a possible monopoly at the detriment of smaller companies that can lead to...
Former FTX US CEO New Venture: Architect – AI-Based Trading Platform for Crypto
6.7.2023
The former President of the now defunct FTX.US is starting another crypto trading platform – and he plans to imbue it with artificial intelligence (AI)....
Read More: Former FTX US CEO New Venture: Architect – AI-Based Trading Platform for Crypto
Florida's Financial Regulator Accuse Bittrex Exchange for Violating Several State Laws Before Filing for Bankruptcy
6.7.2023
Bittrex cryptocurrency exchange which filed for Chapter 11 bankruptcy on May 8 in the US state of Delaware, is now accused of violating several laws in the state of Florida.
Florida’s financial regulator has filed a case against the exchange accusing it of violating multiple state laws, prior...
What is the ZK industry up to? Rollups, multichain bridges and VCs
6.7.2023
As an emerging technology, how can zero-knowledge proofs remedy many issues across the crypto space?
FTX, Three Arrows, and SEC Join Forces Against BlockFi's Bankruptcy Plans, Unveiling Billion-Dollar Dispute
6.7.2023
FTX, Three Arrows Capital (3AC), and the Securities and Exchange Commission (SEC) have united against BlockFi's bankruptcy plans, revealing a billion-dollar dispute that has brought them together.
In a legal filing submitted by FTX on June 7, it has been argued that BlockFi's proposed plans...
USDC-Issuer Circle Looking to Launch Stablecoin in Japan
6.7.2023
The firm behind USDC stablecoin, Circle, is looking to launch a stablecoin in Japan under new regulations that came into effect last month.
In an interview with Coindesk Japan, Circle CEO Jeremy Alliare said that Japan would become an extremely large market for them if stablecoin adoption...
Animoca still bullish on blockchain games, awaits license for metaverse fund
6.7.2023
Animoca Brands co-founder Yat Siu expects a number of its blockchain gaming investments to come to market by the end of 2023
Bankrupt Lending Firm Celsius Moves $70 Million in Altcoins to Swap for Bitcoin and Ether
6.7.2023
Celsius Network, the bankrupt crypto lending firm, has made its first swap converting its altcoin holdings into Bitcoin (BTC) and Ether (ETH), a week after receiving a court order to liquidate its altcoin assets.
A New York court passed an order on June 30, allowing Celsius debtors to trade their...
Nasdaq Refiles Valkyrie's Bitcoin ETF Application with Coinbase Surveillance-Sharing Agreement
6.7.2023
Stock exchange giant Nasdaq has refiled Valkyrie’s application for a spot Bitcoin exchange-traded fund (ETF) with Coinbase as its “surveillance-sharing” partner.
As per a July 3 filing with the U.S. Securities and Exchange Commission (SEC), the stock exchange submitted a proposed rule change...
Ethereum NFT royalties hit two-year low as Bored Ape floor price falls below 30 ETH
6.7.2023
NFT royalties act as an important gauge of incoming revenues to fund ongoing development of various projects in the ecosystem
Binance Labs Leads $4M Funding for AI Blockchain Data Firm Web3Go
6.7.2023
Singapore-based blockchain start-up Web3Go has raised $4 million in a seed round led by Binance Labs, the venture capital and incubator arm of crypto exchange giant Binance.
According to the press release, other participants in the seed round financing included Hashkey Capital, NGC, Shima Capital...
Meter Foundation x LayerZero: reveals the cross-chain possibility
6.7.2023
Meter Foundation takes immense pride in revealing the sheer possibilities of cross-chain on the Meter network and with the incorporation of LayerZero protocol. LayerZero is basically an omnichain interoperability protocol that provides the opportunity for cross-chain all-inclusive message...
Super Mario: Crypto Thief, SEGA blockchain game, AI games rights fight — Web3 Gamer
6.7.2023
AI-assisted game development leads to fights over rights, SEGA and Ubisoft’s first blockchain games, and Super Mario: Crypto Thief
Bitcoin Blockchain Clears Over 187,000 Unconfirmed Transactions Since Last Week
5.7.2023
Throughout the past week, the Bitcoin blockchain has successfully confirmed over 187,000 unconfirmed transactions, as shown by recent statistics. This has not only reduced a significant portion of the congestion but also led to a decrease in onchain fees within the same period. Bitcoin Fees...
Bitget Crypto Exchange Ventures into Crypto Loans Market Despite 2022 Sector Challenges
5.7.2023
The crypto derivatives exchange Bitget has launched a new crypto lending program that will let users stake their own coins in exchange for loans in another.
The platform aims to cater to borrowers who are dissatisfied with traditional lenders, a press release from the firm said.
It explained that...
AI-Backed Blockchain Data Startup Web3Go Raises $4M
5.7.2023
Binance Labs led the round with HashKey Capital, NGC and Shima Capital among the other backers
Denmark Financial Watchdog Directs Saxo Bank to Liquidate its Crypto Assets
5.7.2023
Denmark’s Financial Supervisory Authority (FSA) has directed Saxo Bank, a Copenhagen-based multi-asset broker, to dump its cryptocurrency holdings.
The bank’s trading in crypto assets for its own account is found to be “outside the legal business area of financial institutions,” the regulator...