Blockchain

The Web3 startup accelerator that focuses on Decentralized Finance (DeFi) and blockchain games – Cronos Labs – said the recruitment phase of the Cronos Accelerator Program started on September 4. The entity has previously teamed up with numerous companies, including Google Cloud, Amazon Web Services (AWS), and PeckShield, to support the scheme’s launch. The price of the native token of the ecosystem – CRO – briefly spiked by around 5% after news broke out before quickly...

With the introduction of the Sorare App’s AR functionality, fans can now take their virtual football experience beyond the screen and into their everyday lives. Web3 fantasy sports platform Sorare has announced the launch of its 3D digital football player cards with built-in Augmented Reality (AR) features. This bold move aims to revolutionize the way fans interact with their favorite football players and take fantasy sports to a whole new level. Sorare Unveils a New Era of Fantasy Sports...

The crypto firm known as the Avalanche Foundation has set aside roughly $50 million to buy new tokenized assets that have been created on its layer-1 blockchain. Avalanche Has Big Tokenization Plans This inherently created a new division for the company known as Avalanche Vista, which will seek to establish the value of future tokenization in sectors such as equity, credit, commodities, and real estate. John Wu – the president of Ava Labs, the company that...

Point72 Ventures, through the funding round, will help GenTwo extend its offerings and also expand its international business. Securitization specialist fintech GenTwo has raised $15 million in a recently concluded Series A funding round. The round was led by venture capital firm Point72 Ventures, founded by billionaire hedge fund manager and investor Steven Cohen. The billionaire owns a baseball team – the New York Mets. GenTwo has a PRO platform that helps investors securitize and trade...

Hayes believes that it may take the market another six to 12 months to fully respond to the bull run. BitMEX co-founder and former CEO Arthur Hayes has shared an eye-opener about Bitcoin (BTC) that may have flown over the heads of many industry participants. According to him, BTC has been on a bull run for about six months or so. However, the market is yet to react, he added. Arthur Hayes Says Market Will Soon Respond to BTC Bull Run Sharing his thoughts in a keynote speech at the Korea...

BitGo CEO and co-founder Mike Belshe believes his company will help improve the transparency and safety of the growing South Korean digital asset industry. South Korean financial institution Hana Bank has announced its strategic partnership with crypto custody platform BitGo. According to the Korea Economic Daily report, the duo announced the partnership while speaking at the Korea Blockchain Week in Seoul. Hana Bank is a top bank in South Korea, with an estimated $2.4 billion net profit,...

Japan has been actively reassessing its crypto tax regulations since last year, with a focus on creating an environment that encourages the growth of blockchain startups within the country. Japan’s financial regulator, the Financial Services Agency (FSA), has unveiled a groundbreaking proposal that could reshape the country’s crypto taxation landscape. On August 31, 2023, the FSA presented its plan to revise the tax code concerning digital assets, with the most prominent change being the...

The London Stock Exchange (LSE) is reportedly planning to develop a digital markets enterprise. The move aligns with its broader strategy to become the first major exchange offering comprehensive trading of traditional financial assets on blockchain technology. One of the world’s oldest stock exchanges which can trace its history back more than 300 years, is “definitely not building anything around cryptoassets.” The focus is rather on blockchain technology to improve the...

A recent study by blockchain and Web3 software company Consensys has found Nigeria to be leading in cryptocurrency awareness across all continents, with 99% having heard of the asset class and 91% willing to invest. The survey was taken by 15,158 people online across 15 countries, including the U.S., the U.K., Argentina, France, India, Japan, Mexico, South Korea, the Philippines, and Nigeria, from April 26 to May 18, 2023. Together with market research and data analytics firm...

Elon Musk is considering the possibility of developing a social media platform based on blockchain technology, including payment systems. This information is revealed in an exclusive excerpt from Musk’s biography, written by Isaacson. The writer – Isaacson – delves into one of Musk’s most contentious decisions: acquiring Twitter. The biography also explores the future possibilities of Dogecoin (DOGE), a cryptocurrency that has caught Musk’s attention. After Musk’s acquisition...