Blockchain

[PRESS RELEASE – Please Read Disclaimer] Former PlayStation EVP, Simon Rutter, joins as Chairman. VR Game Peaky Blinders: The King’s Ransom and Web 3 game Resurgence Today, a new entertainment PLC EMERGENT ENTERTAINMENT is announced. Emergent Entertainment officially merges London-based video game studio Maze Theory with blockchain veterans and developers Pluto Digital PLC, following a successful joint venture (Emergent Games) earlier this year. Emergent Entertainment is a...

[PRESS RELEASE – Stockholm, Sweden, 24th October 2022] Planet IX, the biggest P&E & NFT project on Polygon, has entered into a strategic merger with a disruptive 3D art & gaming studio – ArcadeNFT. As part of the collaboration, Planet IX will be able to incorporate a much sought-after smart contract developed by ArcadeNFT. In 2021, ArcadeNFT developed the first-of-its-kind smart contract created specifically for on-chain P&E and PVP gaming where ranking,...

Binance CEO Changpeng Zhao revealed that the company has most of the compromised funds and is ‘narrowing down’ the identity of the hacker.Crypto exchange Binance is reportedly narrowing down the identity of the hacker behind its $570 million crypto attack. This development comes after the company’s CEO Changpeng Zhao revealed that Binance received a tip from law enforcement. As Zhao put it:“We’re still actually chasing … helping [authorities] to chase the bad players, working with law...

According to recent reports, the US Court has approved Voyager’s entry into a $1.42 billion agreement with FTX to acquire its virtual assets.Crypto Lender  Voyager Digital filed for chapter 11 bankruptcy on July 4 after halting withdrawals a few days earlier. According to the company, the Three Arrows Capital default caused liquidity issues forcing them to take this decision. FTX US, therefore, submitted a bid to acquire the company in a “highly competitive” auction process pending court...

Since the announcement, the Freeway (FWT) token has sunk to approximately eighty percent.Crypto platform Freeway has recently paused a few operations due to unforeseen instability in the foreign exchange and crypto marketplaces.In a post by the company on October 23rd, the platform revealed its plans to pause purchases and deposits. It also disclosed the company’s plans to cancel plans of buying Supercharger simulations until a new strategy is chalked out for the way forward. The...

Asides from creating its digital currency, JCB has been making forays into the world of blockchain, crypto, and Web3.Ahead of Japan’s issuance of CBDC, Japan Credit Bureau (JCB) has launched its digital currency. JCB is projecting that asking older citizens and young children to use a new payment infrastructure may limit the adoption of CBDCs in the future. As such, the firm is looking to test CBDC acceptance with its existing payment infrastructure vis, contactless payment system, merchants,...

INTERNET CITY, DUBAI, Oct. 23, 2022 – LBank Exchange, a global digital asset trading platform, will list Minebase Token (MBASE) on October 24, 2022. For all users of LBank Exchange, the MBASE/USDT trading pair will be officially available for trading at 8:00 UTC on October 24, 2022. Innovating the web3 cryptocurrency with its unique Creative Token Production (CTP) algorithm, Minebase Token (MBASE) enables creation of its tokens through transaction fees that existing...

This October 23, Klaytn, a metaverse and gamefi-focused public blockchain, announced a governance proposal to reduce its block rewards. According to an official statement, the new Q3 updates submitted to the Klaytn Governance Council (GC) seek to optimize the issuance level of KLAY tokens through a governance proposal that lowers block rewards by ⅓. An ongoing proposal by our GC recommends reducing existing block rewards by ⅓ in order to optimize the level of $KLAY...

The US-based cryptocurrency exchange – Kraken – joined the list of platforms restricting services to Russian consumers. The decision comes as a result of the latest sanctions that the European Union (EU) imposed on the largest country by landmass for its invasion of Ukraine. Other trading venues that have already ended ties with Russian users include BlockchainCom, CryptoCom, and more. Russia’s military campaign in Ukraine, which started in February, caused the Western world...

INTERNET CITY, DUBAI, Oct. 18, 2022 – LBank Exchange, a global digital asset trading platform, will list Pocket ProjecT (PPT) on October 20, 2022. For all users of LBank Exchange, the PPT/USDT trading pair will be officially available for trading at 8:00 UTC on October 20, 2022. Utilizing the power of blockchain technology, Pocket ProjecT (PPT) is here to keep as many people active as possible with its M2E reward system. Its native token PPT will be listed on LBank...