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Chinese Tech Giant Tencent to Shut Down NFT Platform Amid Trading Restrictions
22.7.2022
China’s Tencent Holdings plans to shut down its non-fungible token (NFT) platform Huanhe only a year after its launch. The social media giant has reportedly made the decision because of the strict ban on the resale of NFTs imposed by the authorities in Beijing. Huanhe to Close Down a Year...
Mercado Bitcoin plans to expand to Mexico
21.7.2022
The expansion may not necessarily include Mercado Bitcoin acquiring a Mexico-based crypto exchange to operate in the country
Video Game Giant Square Enix Plans to Drop a Final Fantasy VII NFT Collection in 2023
21.7.2022
According to the non-fungible token (NFT) company Enjin, the firm has inked a deal with the Japanese entertainment conglomerate and leading video game developer Square Enix. The partnership will produce the launch of Final Fantasy VII 25th Anniversary cards and figures on the cross-chain network...
Crypto Exchange KuCoin Raises $10M From Susquehanna to Fund Hiring, Growth Plans
21.7.2022
KuCoin and SIG will also collaborate in incubation and ecosystem building for crypto startups through incubation, investment, and technical consultation
Celsius Network Defends Bitcoin Mining Plans Amid Bankruptcy
19.7.2022
The renowned crypto lender Celsius Network defends its Bitcoin mining plans amid bankruptcy concerns. The New Jersey-based venture gained approval from Martin Glenn, a US Bankruptcy Judge, to spend 3.7 million dollars on building a new mining facility. Additionally, the venture is spending...
Leading Auction House Christie’s Launches Web3 and Fintech Venture Arm
19.7.2022
On Monday, Christie’s, the leading British auction house founded 256 years ago in 1766, announced the launch of a new venture fund called Christie’s Ventures. According to the announcement, the company’s venture arm plans to focus on “[Web3] innovation, art-related...
Argentinian Exchange Buenbit Launches Crypto Loans, Plans New Funding After Layoffs
18.7.2022
Users of the platform will be able to withdraw up to $3,333 in nuARS, a stablecoin tied to the Argentine peso, using MakerDAO’s DAI as collateral
Billionaire Thomas Peterffy Plans to Buy Bitcoin Despite Concerns BTC Could ‘Become Worthless or Outlawed’
17.7.2022
Billionaire Thomas Peterffy, founder of Interactive Brokers, says he plans to buy more bitcoin if the price of the cryptocurrency hits $12K. However, he remains concerned that bitcoin could “become worthless or outlawed.” Thomas Peterffy on the U.S. Economy and Bitcoin Billionaire...
Funko Plans to Launch Jay and Silent Bob NFT Collection via the Digital Collectibles Platform Droppp
16.7.2022
Three months ago, Funko Inc., disclosed that it was entering the non-fungible token (NFT) industry when it announced it acquired a majority ownership stake in the NFT startup Tokenwave. At the time, Funko’s CEO Brian Mariotti explained that “Funko Pop digital NFTs” have...
A DAO for Diseases: How Vibe Bio Plans to Retool Biotech Funding
15.7.2022
Vibe Bio’s founder wasn’t passionate about creating a DAO – but decentralizing drug research could fix a thorny, tragic problem
Bitfinex to Donate $1.3 Million Worth of BTC and USDT to Communities in El Salvador
15.7.2022
The crypto exchange Bitfinex announced on Thursday that the trading platform plans to donate 36 bitcoin and $600K worth of tether tokens to help bolster communities and small businesses located in El Salvador. According to Bitfinex, the funds will initially target small businesses in Salvadoran...
OKX Secures License in Dubai and Plans to Open Regional Hub
14.7.2022
Cryptocurrency exchange OKX has been awarded a provisional virtual assets (VA) license to provide services to qualified investors in the UAE
The Revulution NFT Collection: How Revuto Plans to Change the Game in the Web 3.0 Economy?
13.7.2022
The decentralized economy, popularly referred to as Web 3.0, has rapidly grown over the past decade. What started with Bitcoin as the only digital asset has now ballooned into a trillion-dollar market, featuring niche innovations such as Decentralized Finance (DeFi) and Non-fungible tokens (NFTs)....
Shanghai Plans to Cultivate $52B Metaverse Industry by 2025
12.7.2022
Shanghai city authorities released a policy paper setting out a plan to create a $52 billion metaverse industry by the end of 2025
Korean fintech giant plans to create 10K Web3 jobs amid bear market
12.7.2022
Dunamu would open offices in major cities and create about 500 new startups focused on NFTs and the Metaverse
Major South Korean telecom company plans launch of blockchain wallet for crypto and NFTs
11.7.2022
In 2020, the company also launched a wallet for blockchain-powered digital certificate storage aimed at addressing certifications amid the COVID-19 pandemic
InsureDAO Partners Astra Network For Ambitious Growth Plans
11.7.2022
Post its Optimum Launch, InsureDAO has formally announced they are going live on Astar Network as part of their multi-chain strategy. The objective and priority of InsureDAO are to lessen the risk factors involved in the upcoming projects and speed up the project launch on Astar. A huge...
Bitcoin Mining Infrastructure Provider Lancium to Bolster Battery-Powered Demand Response at 25 MW Texas-Based Facility
8.7.2022
According to Lancium Inc., a crypto mining infrastructure firm, the company has signed a deal with the Texas battery-storage provider Broad Reach Power LLC. Broad Reach Power plans to supply battery power to Lancium’s Fort Stockton-based 25-megawatt facility and when the grid is swamped...
Bitstamp cancels ‘inactivity fee’ plans after huge backlash
7.7.2022
Bitstamp makes a U-turn on the planned €10 'inactivity fee' against users after widespread criticism, cites administrative fees as the reason for the proposed move
Shiba Inu Reveals Stablecoin Plans and Dogecoin Comes to Las Vegas
7.7.2022
Popular dog-themed meme coins shiba inu (SHIB) and dogecoin (DOGE) may get a boost as the former plans to expand its ecosystem with a range of new products, while the latter will reportedly be accepted as a payment method at The Boring Company's newly-opened transit station in Las Vegas....
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