Sega Might Drop NFT Experiments if Perceived by Gamers as a Money Grab

Sega, a leading videogame development company, has announced its new stance when it comes to the play-to-earn model and the inclusion of NFTs in its games. In the latest management meeting of the company, which happened on December 24th, Sega CEO Haruki Satomi stated that the company may drop its current experiments in the NFT …

EverRise Launches EverSwap With a Native Coin Swap to Facilitate Cross-Chain Exchanges

press release PRESS RELEASE. EverRise launches their fifth decentralized application (dApp) today, EverSwap, a multi-chain decentralized exchange (DEX), with a Native Coin Swap feature powered by their cross-chain bridging dApp EverBridge. The Native Coin Swap (NCS) functionality lowers the barrier to entry for those interested in the multi-chain DeFi space by making the cross-chain experience …

Moxie Marlinspike: Here’s what’s wrong with Web3

In a blog post published on Jan 07, Moxie Marlinspike, creator and maintainer of the Signal messaging app, expressed concerns about Web3 and in particular its claim to be a new and decentralized future alternative to the platform behemoths of Web 2.0. Marlinspike begins his post admitting he, despite considering himself a cryptographer, hasn’t found …

Binance is embracing regulation as it eyes UAE for its next global hub

The world’s largest cryptocurrency exchange has had a turbulent year when it comes to regulation. With market authorities around the globe clamping down on Binance for its alleged failure to comply with local AML laws, the exchange has been on the lookout for new headquarters. Its CEO Changpeng Zhao, known as CZ in the crypto …

German online bank N26 rushes to launch crypto trading in 2022

German online bank N26, revealed its plans to launch crypto trading service this year and add equities brokerage after that, reported Financial Times. The bank, which counts as one of the biggest European fintechs, with over $7.8 billion in valuation, made a shortsighted decision to focus on global expansion, at the cost of prioritizing new …

Yellow Card Announces It’s Resuming Deposits and Withdrawals via the Naira

Yellow Card has announced the resumption of naira deposits and withdrawals in Nigeria via a statement from the cryptocurrency exchange platform. The move by the company comes almost a year after a central bank directive forced Yellow Card to suspend deposits and withdrawals. CBN’s Growing Interest in Digital Currencies Almost a year after suspending services …

UK Lawmakers Form Crypto and Digital Assets Group to Ensure Regulation Supports Innovation

U.K. lawmakers have formed the Crypto and Digital Assets Group to ensure that new rules for the crypto industry support innovation. “We are at a crucial time for the sector as global policymakers are also now reviewing their approach to crypto and how it should be regulated,” said the British parliament member who will chair …

Estonia Offers to Share Crypto Experience With US to Identify Best Practices for Digital Assets

Estonian Finance Minister Keit Pentus-Rosimannus has offered to share her country’s experience in regulating cryptocurrencies with the U.S. in a discussion with Treasury Secretary Janet Yellen. Estonia Offers to Share Crypto Experience With the US U.S. Treasury Secretary Janet Yellen and Estonian Finance Minister Keit Pentus-Rosimannus reportedly discussed cryptocurrency regulation during a video call Friday. …

Does Disney’s patent filing show there’s no stopping the Metaverse?

Disney signals a potential stab at the Metaverse by filing a “virtual-world simulator” with the U.S Patent Office. The concept comprises a computing platform with memory storing a software code, a tracking system linked to the computing platform in conjunction with a projection device. Meaning, in the not too distant future, theme park visitors may …

Sons of Singapore billionaires jump aboard the NFT train with ARC

Sons of two Singapore billionaires have teamed up to create ARC, a private social network based on NFTs. Kiat Lim, the son of financier Peter Lim, and Elroy Cheo, the heir of the edible oil business Mewah International, are behind the project which they believe is much more than just an NFT club. ARC is …

American footballer Dez Bryant to launch NFTs that track player stats with support from Chainlink

Dez Bryant’s Personal Corner recently announced the launch of dynamic NFTs that will change based on a specific athlete’s stats, such as touchdowns, interceptions, tackles, sacks, and more–with support from Chainlink Sports Data Feeds. The one-stop platform was founded by the former Dallas Cowboys wide receiver as a unified marketplace for all personally branded items–helping …

Binance CZ’s wealth places him on par with Zuckerberg, reportedly worth $96 billion

One of the most famous names in the crypto space is undoubtedly that of the founder and CEO of Binance, Changpeng Zhao, who, according to a recent Bloomberg report, is the richest person in the industry. According to the report released earlier today, CZ, as he is commonly known in the space, is worth around …

Bitfarms Buys the Dip: 1,000 Bitcoin Added to Treasury as BTC Falls While Mining Hardware Prices Remain High

Global bitcoin mining company Bitfarms has bought the dip and added 1,000 bitcoins to its balance sheet while the prices of mining hardware remain high. The company’s corporate treasury now holds more than 4,300 bitcoins. Mining Company Buys the Dip Bitfarms Ltd. has taken advantage of the falling price of bitcoin. The publicly traded bitcoin …

Direct Fiat On-Ramps Come to Algorand (ALGO) via Alchemy Pay (ACH)

press release PRESS RELEASE. Singapore, 10 January, 2022: Algorand (ALGO), the layer-1 blockchain for decentralized and traditional finance, has added direct fiat payment channels into their network, thanks to a new integration with Alchemy Pay (ACH). Alchemy Pay, is a payment solutions provider that connects fiat and crypto economies, and its global merchant network now …

Arbitrum Network Stalled Due to Sequencer Downtime

The Arbitrum network, an Ethereum L2 (Layer 2) rollup, experienced some difficulties that caused a complete stop in the production of blocks and the confirmation of transactions. According to reports from the Arbitrum team, this incident had to do with downtime regarding its sequencer, a special node that manages the order of transactions, leaving the …

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