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Savings Bank Heavyweight OK Financial Group Reveals Cryptoasset Launch Plans
11.6.2022
South Korea’s OK Financial Group – one of the nation’s biggest moneylenders and savings banking services providers – has unveiled plans to create a cryptoasset. The company will become one of a growing cohort of firms that are hoping to launch tokens, and this appears to indicate that the days...
VC Play-to-Earn Investors Now ‘More Cautious’, Game Engagement Still Strong - Animoca Brands
10.6.2022
This year’s downturn in the crypto market has made venture capital investors in the metaverse and play-to-earn sector “more cautious,” although user engagement in the games themselves remains “robust,” metaverse investor Animoca Brands told Cryptonews.com....
Read More: VC Play-to-Earn Investors...
Mastercard to Enable Direct NFT Payment Options for Marketplace Operators
10.6.2022
The payments giant Mastercard says it will begin enabling non-fungible token (NFT) trading for a range of crypto-ecosystem platforms, including the “gas-free” marketplace Immutable X, Candy Digital, the metaverse gaming title The Sandbox, Mintable, Spring, the Nifty Gateway, and the Web...
New Partnership to Give '82M Users' Access to .blockchain NFT Domains
10.6.2022
Domain and digital identity platform Unstoppable Domains is teaming up with major crypto company Blockchain.com to launch .blockchain non-fungible token (NFT) domains. Under their plan, 82 million Blockchain.com wallet users will be able to obtain a free .blockchain domain from their wallets...
'First Time Ever', US Law Firm Airdrops NFT Subpoena in Exchange Hack Case
10.6.2022
In what could represent a landmark legal development for the crypto industry, US law firm Holland & Knight has served a defendant a pre-trial temporary injunction as a non-fungible token (NFT), acting in a legal case involving its client, crypto exchange LCX.
For the "first time in history"...
Barbie-verse: Mattel inks multi-year deal with Cryptoys NFT marketplace
10.6.2022
Mattel plans to use its intellectual property featuring brands such as Barbie and Hot Wheels to create playable avatars sold as non-fungible tokens (NFTs) in an upcoming metaverse
Solana Ventures Launches $100 Million Fund Focused on Web3 Projects in South Korea
9.6.2022
Solana Ventures has revealed the launch of a $100 million fund dedicated to Web3 startups in South Korea. According to Solana Labs’ general manager Johnny Lee, the capital will be dedicated to non-fungible tokens (NFTs), decentralized finance (defi), and game finance (gamefi) development....
Close to 1 in 3 Surveyed Hedge Funds Plan Crypto Investments - PwC
9.6.2022
Close to one out of three – or 29% – of hedge funds that are not yet invested in digital assets say they are looking to invest or are in late-stage planning for investments in the space, a new survey by consulting giant PwC has revealed.
The survey was conducted in the 1st quarter of 2022 on...
Hong Kong Regulator Reminds Investors of Risks Associated With NFTs
9.6.2022
Hong Kong’s securities regulator has warned investors to be wary of risks that are associated with non-fungible tokens (NFTs). The regulator also advised investors to consider investing in NFTs only if they fully understand the risks. NFTs ‘Straddle the Line Between Collectibles...
Blockchain Games Strongest Category Amid Crypto Market Downturn
8.6.2022
Blockchain games is the category within crypto that has resisted the industry downturn the most, with activity still being up 197% year-over-year, DappRadar’s Industry Report for May shows.
The sector’s resilience is clear despite a drop in the number of game transactions of 5% in May compared...
French Lawmaker Releases New Report to Push for Crypto Legislation
8.6.2022
Pierre Person, a lawmaker from France’s ruling La République En Marche! (LREM) party, has unveiled a new report which introduces a number of legislative proposals related to crypto and digital assets, pushing for the adoption of crypto legislation in the French parliament. ...
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IMF recommends eco-friendly CBDCs and non-PoW mechanisms for payments
8.6.2022
In addition to eco-friendly components, the IMF recommended central banks to include other features in the CBDCs, such as compliance, higher resilience and offline capabilities
Report: Bored Ape Yacht Club Discord Attacker May Have Been Involved in Previous NFT Phishing Scams
7.6.2022
On June 4, 2022, the Bored Ape Yacht Club (BAYC) Discord server was compromised and a phishing scam targeted non-fungible token (NFT) collectors holding BAYC, Mutant Ape Yacht Club (MAYC), and Otherside NFTs. According to an analysis by the Web3 and blockchain auditing and security firm Certik,...
Epic CEO Calls Fortnite Crypto 'A Scam,' Threatens Legal Action
7.6.2022
I’m not surprised that Fortnite crypto exists. Whether it’s Nintendo or Minecraft NFTs, crypto scammers love to make environment-destroying projects out of other people’s IPs. What’s surprising is that Epic Games CEO Tim Sweeney bothered to give the Fortnite Tokens project his time of day. “This...
Origin Dollar Upgrades With a Non-Rebasing Feature
7.6.2022
Origin Protocol has introduced wrapped OUSD to further improve the composability of OUSD and expand the addressable market. Wrapped OUSD, also called wOUSD, provides the same compounding yield by abstracting away the rebasing nature of OUSD. wOUSD differs from OUSD because the price for wOUSD...
Report: South Korea to Recruit Companies for Metaverse Content Creation Project
7.6.2022
The South Korean science and ICT ministry has said it will recruit companies that will participate in its 2022 Metaverse Content Creation Project. A director in the ministry said the project is being promoted as part of the country’s industry-leading metaverse strategy. Building Trust in...
The First Blockchain Game Coming To The Epic Store Looks Like Garbage
6.6.2022
Developer and publisher Epic Games will make its official foray into crypto with Grit, a battle royale game from blockchain video game company Gala Games. Read more
USA Real Estate Firm Puts New York Building for Sale as NFT
6.6.2022
Exploring innovative ways to use non-fungible tokens (NFT) in real estate deals, the US real estate firm Okada & Company has listed its first commercial property as an NFT on the OpenSea marketplace with an ETH 15,000 tag price (USD 28.7)....
Read More: USA Real Estate Firm Puts New York...
Monthly NFT Sales Have Dropped Over 65% Lower Than the Month Prior, NFT Google Queries Sink
6.6.2022
Non-fungible token (NFT) sales are down a great deal, as 30-day statistics show NFT sales recorded last month saw just over $4.6 billion settled but today, sales are down 65.43% to $1.59 billion. Furthermore, Google Trends data indicates that interest in NFTs has dropped to the lowest point since...
Report on Lightning Network-Powered DeFi and NFTs Dismissed Even by Bitcoin Advocates
6.6.2022
A discussion has emerged about possible use cases for the Bitcoin (BTC) Lightning Network, and whether the network could potentially support decentralized finance (DeFi) applications and non-fungible tokens (NFTs). The discussion followed the publication of a paper by three well-known...