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Gaming Giant Sony Files Patent to Enable NFT Transferability Across Games and Consoles
22.3.2023
Entertainment and gaming giant Sony has filed for a patent to make non-fungible tokens (NFTs) transferable and usable between various games, devices, and consoles.
The patent (WO2023039557 - NFT FRAMEWORK FOR TRANSFERRING AND USING DIGITAL ASSETS BETWEEN GAME PLATFORMS) was published on March...
S. Korean Gaming Giant Nexon to Use Polygon for Popular MapleStory Universe
22.3.2023
MapleStory Universe will launch a private Supernet on Polygon for the new game
Japan’s Largest IT Service Provider Fujitsu Files Trademark Covering Crypto Trading Services
22.3.2023
Japanese tech giant Fujitsu has filed a trademark application with the U.S. Patent and Trademark Office that covers several cryptocurrency services. The application specifically mentions “financial management of crypto assets,” “financial exchange of crypto assets,”...
Binance Crypto Exchange Braces for Regulatory Onslaught: Can the Crypto Giant Withstand the Escalating Pressure from US Authorities?
20.3.2023
Binance is increasingly taking heat from regulators on multiple fronts, with its US business being the most vulnerable to ongoing crackdowns by the Securities and Exchange Commission (SEC).
Most pressing for the exchange in the US now is perhaps claims by the SEC that Binance.US is operating...
Several Major Central Banks Take Coordinated Action to Boost Liquidity Amidst Banking Crisis
20.3.2023
On Sunday evening, March 19, 2023, at 5:00 p.m. Eastern Time, the U.S. Federal Reserve, along with several central banks including the Bank of England, Bank of Canada, Bank of Japan, the European Central Bank, and the Swiss National Bank, announced a coordinated action to enhance the provision...
Nigerian Fintech Flutterwave Obtains Two Licenses From Rwandan Central Bank
19.3.2023
Flutterwave, the Nigerian fintech giant, recently said it had obtained two licenses from the National Bank of Rwanda, which allow it to offer its services to more than 13 million people living and working in Rwanda. According to Flutterwave’s representative in the country, the two licenses...
UBS Considers Acquiring Credit Suisse, Requests Government Backstop in Deal
18.3.2023
After Credit Suisse Group AG announced it would borrow 50 billion Swiss francs from the Swiss National Bank, UBS Group AG is reportedly considering acquiring the banking giant. However, UBS is requesting that the government issue a backstop to protect against any losses if it purchases Credit...
Banking Giant State Street Cuts Ties With Crypto Custody Firm Copper
16.3.2023
State Street and Copper have mutually decided to end their licensing agreement, a spokesman for the bank said
Strategist Warns Credit Suisse Next to Collapse — Says ‘There’s a Run on the Bank’
16.3.2023
Market strategist Greg Foss has predicted that Credit Suisse will be the next major bank to collapse, citing capital trouble and a run on the bank. The Swiss banking giant has also identified “material weaknesses” in its financial reporting controls. Its shares plunged on Wednesday...
Meta Winding Down Support for NFTs on Facebook, Instagram
15.3.2023
U.S. tech giant Meta is giving up on operations with non-fungible tokens (NFTs) amid ongoing turbulence in the crypto space. The company allowed creators to share digital collectibles on its leading social media platforms last year. Meta Platforms Cutting Off Support for Non-Fungible Tokens...
Bitcoin market cap flips tech giant Meta, widens gap on Visa
14.3.2023
BTC’s market cap has climbed to the 11th spot amongst top assets by market cap and now sits behind electric vehicle maker Tesla
New Lego Jurassic Park Set Contains Giant Pile Of Poop
8.3.2023
Today, Lego officially announced five new Jurassic Park-themed sets that are all inspired by scenes and locations from the iconic first film, which will release in June to celebrate the film’s 30th anniversary. But who cares about that? Let’s talk about the fact that Lego made sure to include...
Silvergate Bank Announces Voluntary Liquidation as Crypto Industry Woes Persist
8.3.2023
At 4:30 p.m. Eastern Time, Silvergate Bank announced its intention to wind down the crypto-friendly bank’s operations and voluntarily liquidate the company’s assets. The news follows significant financial troubles the bank faced, and the firm’s stock plummeted in value. Details...
Esports Giant TSM Enters Into Web3 Gaming Partnership With Avalanche
7.3.2023
Avalanche will be its exclusive blockchain partner as it builds out its competitive gaming platform Blitz
DeFi Giant MakerDAO Rejects $100M Loan to Cogent Bank
27.2.2023
The rejection follows less than a year after Maker approved a similarly structured loan to Huntingdon Valley Bank
Japanese Sports Giant Mizuno Takes NFT Plunge with Judo, Running, Soccer Offerings
27.2.2023
The Japanese sports giant Mizuno has launched its first line of non-fungible tokens (NFTs) – becoming the latest sportswear titan to enter the field.
In a Mizuno press release, the firm explained that it had launched three sets of tokens – one for each of the sports it specializes in. The NFTs...
DeFi Giant Maker Emerges Victorious as US Judge Dismisses $28M Lawsuit Filed Against It by Crypto Investors
25.2.2023
A US judge has dismissed a class-action lawsuit against DeFi crypto lender Maker that alleged the platform misrepresented risks investors faced, leading to catastrophic losses of collateral on MakerDAO back in 2020.
According to a court document filed on Wednesday, the “Black Thursday” lawsuit...
JPMorgan to Open Blockchain Innovation Lab in Greece
25.2.2023
Financial giant JPMorgan has announced it will open a new blockchain innovation lab in Greece. The lab will be focused on the development of applications on top of Onyx, the blockchain platform launched by the bank in 2020, and on digital identity solutions. JPMorgan to Push Blockchain Development...
Crypto Investors' $28M ‘Black Thursday’ Lawsuit Against DeFi Giant Maker Dismissed by US Judge
25.2.2023
The class action lawsuit filed in 2020 alleged that Maker-related entities knowingly misrepresented risks of holding collateral debt positions and caused heavy losses for some users during the March 2020 market crash
Google Cloud to Become Tezos Validator and Offer Validation Services
24.2.2023
Google Cloud, the remote services division of the software giant, has announced a partnership with blockchain company Tezos to become a block validator (“baker”) in its network. As part of this partnership, Google Cloud will also offer Tezos validation services through its platform...