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Nvidia Projects Automotive Industry to Include Metaverse Tech in Its Operations in 2023
13.12.2022
Nvidia, a graphics processing unit and artificial intelligence (AI) company, believes that 2023 could mark the start of a metaverse-driven age in the automotive industry. As part of this new conception, automotive companies will start to include metaverse tech and implement it in their industrial...
NFT market held back by oversupply, greed and bad projects: Gary Vee
12.12.2022
The number of celebrities, brands and artists that hopped on the NFT bandwagon was bound to cause supply and demand issues, said the Vee Friends creator
Here’s what makes SmarterWorx (ARTX), Fantom (FTM), and Celo (CELO) long-term investment winners
10.12.2022
Since the launch of Bitcoin in 2009, thousands of crypto coins have been created. These coins all have unique value propositions. However, several of them have emerged as clear winners for long-term investment. Here is a look at the top three options that make the cut. SmarterWork (ARTX) When...
FTX’s Odd Relationship With Vertical Farming Firms — A Look at Exchange Boss Ryan Salame’s and Bahamian PM Philip Davis’ Trip to 80 Acres
8.12.2022
After discovering that ten holding firms associated with FTX Digital and Alameda Research invested roughly $5.4 billion into nearly 500 firms and projects, people have been curious about a few specific investments. One specific investment made by FTX Ventures Ltd. was for $25 million into...
Nobel Prize Laureate Paul Krugman Warns of an Eternal Winter for Blockchain
4.12.2022
Nobel Prize-winning economist Paul Krugman has warned about the possibility of a perennial winter for blockchain projects, including crypto. In a recent article published in the New York Times (NYT), the economist criticizes blockchain as a tech and its uses citing several signs that he believes...
Animoca Brands Plans $2 Billion Metaverse Fund to Support Established Projects
2.12.2022
Animoca Brands, the parent company of metaverse projects like The Sandbox, has announced it plans to launch a $2 billion metaverse fund. The new fund, which would be focused on returns for potential investors wanting to get more Web3-related capital exposure, will focus its activities on companies...
Manitoba Halts New Crypto Mining Projects Due to Expected High Energy Demand
1.12.2022
Authorities in Manitoba are temporarily suspending the connection of new crypto mining facilities to the power grid. The Canadian province, which relies heavily on hydroelectric generation and attracts miners with low electricity rates, fears it may face overwhelming energy demand. Manitoba...
IBM and Australian Stock Market’s Blockchain Projects Failed, a Blow to Private Ledgers
30.11.2022
Ton Steward Looks to Draw Projects to its Ecosystem With $126M Rescue Fund
30.11.2022
The stewards of the TON network have set up a 'rescue fund' with a soft commitment of $126 million to support projects experiencing liquidity problems as a result of the FTX fallout
Festivals in the metaverse: How Web3 projects are taking culture virtual
30.11.2022
As the metaverse becomes a place to hang out, more large-scale events will pop up to entice users into digital reality
El Salvador Establishes National Bitcoin Office to Manage ‘All Projects Related to the Cryptocurrency’
26.11.2022
After the Salvadoran president Nayib Bukele revealed the country would buy a single bitcoin every day, a report published by Torres Legal details that the government of El Salvador has created a National Bitcoin Office (ONBTC). The report says the entity was created via Decree No. 49, which...
Filecoin (FIL), Orbeon Protocol (ORBN), and the rise of utility Blockchain projects
21.11.2022
Filecoin (FIL) has significant potential due to the industry in which it works and the fact that it has recently attracted increased investor interest. Orbeon Protocol (ORBN) is a decentralized investment platform that makes venture money available to anyone. Analysts predict that the utility token...
Tokens of Alameda-Backed DeFi Projects Maps.me and Oxygen Locked Up at FTX
15.11.2022
Alameda led funding rounds into both companies earlier this year
Tamadoge, Binance Coin, and Uniglo.io named the three best DeFi projects in 2022 – Can GLO succeed with its dual-burn?
14.11.2022
Recent analysis suggests GLO, BNB, and TAMA could be the best options for your portfolio over the next few months. Some say GLO is the pick of the bunch and could be ready to explode in price despite worsening overall market conditions. If you want a bear-market buster ready for growth no matter...
Binance creates industry recovery fund to help projects struggling with liquidity
14.11.2022
Binance CEO Changpeng Zhao clarified that the project is for other potentially strong projects and not FTX, saying that “liars or fraud” would never qualify
Binance Starts Recovery Fund for Crypto Projects Facing Liquidity Crisis
14.11.2022
Tron founder Justin Sun said that Tron, Huobi Global and Poloniex will support Binance in its initiative
Gofaizen and Sherle Introduce Full-Cycle Online Accounting In Lithuania
9.11.2022
PRESS RELEASE. Gofaizen & Sherle is a legal and business consulting firm specializing in digital asset-based businesses, financial institutions and investment funds. Having been founded in September 2021, the company has successfully gained a portfolio of hundreds of different projects...
Largest Japanese Bank MUFG Projects to Offer Financial Services in Metaverse by 2023
9.11.2022
MUFG, the biggest bank in Japan, is projecting to offer financial services through the metaverse in 2023. The financial giant has partnered with ANA Holdings, a holdings consortium focused on air transportation companies, to be part of ANA’s Granwhale metaverse, and explore the possibility...
Gamefi Project Oasys Aims to Grow Blockchain Gaming in Japan Through YGG Partnership
8.11.2022
Oasys, a gaming-oriented, Japan-based Web3 project, is partnering with YGG, a blockchain gaming guild, to grow blockchain gaming in Japan. The partnership encompasses the use of YGG resources to promote gaming projects built on top of the Oasys ecosystem, giving developers from all over the world...
New Hampshire Court Sides With SEC in Lawsuit Against LBRY, Project’s Team Says Loss Sets a ‘Dangerous Precedent’
7.11.2022
The U.S. Securities and Exchange Commission (SEC) has won a court case against the blockchain-powered publishing platform LBRY. According to a New Hampshire district court ruling, Judge Paul Barbadoro agreed with SEC that the project’s native asset LBC was considered an investment contract or...