Enjin announces $100 million fund to support a crypto metaverse

Social gaming platform Enjin has announced $100 million of funding for the Efinity Metaverse. This aims to support Enjin, Efinity adopters, and third parties in developing a whole host of projects, including integrations, gaming, and decentralized infrastructure, to build out the Efinity Metaverse. “We’ve formed a US$100 million Efinity Metaverse Fund to formalize support for …

‘Unique’ NFT buying activity is increasing on dApps like OpenSea and SuperRare

The non-fungible token (NFT) space has enjoyed lots of highs in recent memory with a cumulative sale worth hundreds of millions, however, with the mania about the space sputtering out, indications have emerged that there is still reason for optimism in the sector. More people are buying NFTs Reports from Delphi Digital have revealed that …

Kazakhstan Imposes Purchase Limits on Retail Crypto Investors

Authorities in Kazakhstan have introduced restrictions on the amounts of cryptocurrency retail investors can buy on local exchanges. Officials explained the decision citing the need to protect private individuals from exposure to the risks associated with digital financial assets. Investors in Kazakhstan Can Buy up to $1,000 in Crypto a Month Without Declaring Income Kazakhstan …

Sky Mavis Launches Katana, a Native Dex for Its Ronin Sidechain

Sky Mavis, the company behind the development of Axie Infinity, has launched Katana, the first decentralized exchange for Ronin, its custom-made Ethereum sidechain. Katana will feature all of the tokens used in Sky Mavis’ products, including SLP and AXS, the native tokens of the Axie Infinity ecosystem. This new product will allow users to earn …

Mintverse Closes Successful Seed Round of $1.5M

press release PRESS RELEASE. Dubai, UAE, 5th November 2021 — Mintverse, a new and improved NFT service platform, closes their seed round raising $1.5 million from private investors. Led by A&T capital, and other large investment firms including Mirana Ventures, Longling Capital, Genesis Block Ventures, FBG, Fenbushi Capital, Cipholio Ventures, Nebulas, Ceras Ventures, NDG and …

Microsoft to Offer Mesh, a Corporate Metaverse for Teams

Microsoft has announced the launch of a metaverse-inspired feature for its Teams app called Mesh. Mesh will allow users to introduce personalized avatars in digital worlds, making meetings more immersive. The platform is being announced on the heels of Facebook’s pivot to becoming a metaverse-dedicated company, changing its name to “Meta.” Microsoft Embraces the Metaverse …

Indian unicorn Paytm could soon offer Bitcoin (BTC) payments

In an interview with Bloomberg TV, Paytm’s Chief financial officer, Madhur Deora, has commented on the current cryptocurrency crisis in the country. Deora has stated that if the Indian authorities establish a robust crypto infrastructure in the nation without any regulatory pressure on it then the company might consider launching Bitcoin offerings to boost cryptocurrency …

‘Serum Markets’ launches for easy market analytics on the Solana blockchain

Aleph.im, a cross-blockchain computing network, and decentralized indexing provider announced today the launch of Serum Markets, to help surface valuable trading data on Project Serum, a protocol delivering the underlying liquidity infrastructure to dApps built on Solana’s fast and censorship-resistant blockchain.  The induction of Serum Markets will vastly benefit Project Serum’s ecosystem, allowing Serum to …

Warner Bros to Launch Matrix NFT Avatars With Blue Pill and Red Pill Options

Warner Bros., the American multinational mass media and entertainment conglomerate has announced the launch of non-fungible token (NFT) collectibles for the upcoming film “The Matrix Resurrections” after dropping official Space Jam NFT collectibles. The Matrix NFT program will start on November 30 as Warner Bros. plans to drop 100,000 Matrix Resurrections’ NFTs. ‘You Take the …

3air Solves Africa’s Massive Internet Access Problem With Cardano-Based ISP Platform

press release PRESS RELEASE. 3air is using an ISP platform built on Cardano to provide internet to the most unconnected regions in Africa. November 2nd, 2021, Dubai, UAE – Today, 3air, a blockchain-based startup, announced it will leverage the power of decentralization to provide internet connectivity to consumers in Africa and provide the physical infrastructure …

Indian Payments Giant Paytm Could Offer Bitcoin Services if Government Makes Crypto Legal, Says CFO

Paytm, one of India’s largest payments companies, is open to offering bitcoin services if the crypto asset becomes legal in the country, according to its chief financial officer. If bitcoin “was ever to become fully legal in the country, then clearly there could be offerings we could launch,” he said. Paytm Open to Bitcoin Offerings …

US Lawmakers Urge SEC to Permit Trading of Bitcoin Spot ETFs

U.S. lawmakers have called on the Securities and Exchange Commission (SEC) to approve bitcoin spot exchange-traded funds (ETFs). Since the SEC has approved the trading of bitcoin futures ETFs, the lawmakers said it “should no longer have concerns with bitcoin spot ETFs and should show a similar willingness to permit the trading of bitcoin spot …

‘Wrapped’ XRP is coming to the Ethereum (ETH) blockchain

If everything goes as planned, we can expect to see Wrapped XRP (wXRP) on Ethereum blockchain before the end of the year, according to an announcement made by Wrapped.com, a cross-chain wrapped assets service provider. XRP to be on Ethereum blockchain by December The announcement revealed that the Wrapped XRP (wXRP) would be backed 1:1 …

Crypto holders earning less than $50,000 are quitting work in droves

Research by consumer intelligence firm CivicScience reveals low-paid workers are quitting their jobs as a result of their crypto profits. In April, a record number of U.S workers quit their jobs. This trend has continued in the subsequent months, leading to what the Economist calls “the Great Resignation.” The pandemic has changed how people think …

US Senator Proposes Congress Adopt Cryptocurrency for Payments

U.S. Senator Ted Cruz has introduced a resolution that would position Congress to lead in the area of cryptocurrency by having congressional cafeterias, vending machines, and gift shops accept crypto payments. “Congress is typically slow to adopt new technology,” he said. Senator Pushes for Crypto Adoption in Congress U.S. Senator Ted Cruz has introduced a …

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