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Azuki Raises $2.5M With NFT-Backed Golden Skateboard Sale
24.10.2022
The anime-inspired NFT project auctioned off eight golden skateboards that can be burned for “physical backed tokens,” an experimental new concept that blends physical and digital goods
Warren Buffett-backed neobank picks Polygon for Web3 token — MATIC price eyes 100% rally
24.10.2022
MATIC has painted a bull flag setup with a profit target sitting nearly 100% higher than the current price
Proof-of-Stake L1 Blockchain Token Aptos Climbs Close to 20% Higher in 24 Hours
22.10.2022
Five days ago, the Aptos blockchain went live after the project received an influx of capital from venture capital (VC) firms and crypto exchanges like a16z, Binance, and FTX. During the past 24 hours, aptos (APT) is up more than 19% against the U.S. dollar and up 11.1% against bitcoin’s...
Binance and Paxos-Backed Stablecoin BUSD’s Market Cap Climbs 22% in 2 Months
22.10.2022
In mid-August, or 68 days ago, the market capitalization of the stablecoin BUSD was approximately $17.7 billion and since then, its grown 22.88% higher to today’s $21.78 billion. BUSD’s growth comes at a time when the market valuations of the top two stablecoins tether and usd coin...
Pension Fund-Backed Parataxis Digital Yield Fund Targets $500M in Assets in 2023
21.10.2022
The digital yield fund received investments from two Fairfax County, Va. pension funds earlier this year
Hong Kong unveils completed retail CBDC project that has a CBDC-backed stablecoin
21.10.2022
The Hong Kong Monetary Authority and the BIS Innovation Hub cooperated on a unique CBDC design that reflects the realities of money issuing in the special administrative region
Jack Dorsey-Backed Decentralized Social Network Bluesky Gets 30,000 Signups in 48 Hours
20.10.2022
The Web3 social media protocol aims to solve the issues associated with data silos that exist across today’s applications
Multicoin-Backed Sports Startup Pitches NFTs as Ticket to Fan Experiences
20.10.2022
Walmart-Backed Indian Commerce Giant Flipkart to Allow Customers to Buy Items in the Metaverse
19.10.2022
As Indian online retail giant Flipkart seeks more digital interaction with its customers, the company has announced it will initiate a metaverse offering, Flipverse, enabling them to access “gamified, interactive and immersive” experiences through the firm’s app. ...
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Azuki launches Physical Backed Token(PBT)
19.10.2022
Azuki has introduced the Physical Backed Token (PBT) to the community, enabling the members to tie physical items to digital tokens. PBT is an open-source token standard with its first implementation already in place. It uses a BEAN chip to create a unique experience called scan-to-own through...
NFT project Azuki launches Physical Backed Token
18.10.2022
The company said that the open-source token standard intends to tie a physical item to a digital token on the Ethereum blockchain
Indian Commerce Giant Flipkart Will Allow Customers to Purchase Items in the Metaverse
18.10.2022
Flipkart, the Walmart-backed Indian e-commerce giant, has launched a pilot to allow its customers to experience making purchases in a metaverse environment. The company announced the launch of its own metaverse, called Flipverse, in which several brands will be able to offer their own shopping...
VC-Backed Blockchain Project Aptos Reveals Protocol’s ‘Mainnet Has Arrived’
18.10.2022
A new layer one blockchain network called Aptos announced the launch of its mainnet on Monday, following a slew of capital injections from a number of venture capital (VC) firms. The blockchain protocol, crafted with a Rust-centric programming language dubbed Move, is backed by VC companies such...
FTX, a16z-Backed Aptos Blockchain Off to a Rocky Start
18.10.2022
Transaction speeds and tokenomics disappoint on the first day of transactions for the "Solana-killer" chain run by ex-Meta employees
USDC’s Market Cap Sheds Close to $4 Billion in Less Than 20 Days, Binance’s BUSD Climbs 3%
17.10.2022
19 days ago, usd coin (USDC), the second largest stablecoin by market capitalization, had an overall valuation of around $48.82 billion and since then, it has continued to deflate down to today’s $44.93 billion. Statistics show that during the last three months, USDC’s market...
Binance-Backed Blockchain Completes Hard Fork to Mitigate Future Cross-Chain Bridge Hacks
12.10.2022
The Bnb Smart Chain commenced the blockchain’s hard fork on October 12, at block height 22,107,423, in order to add a security patch to “mitigate the cross-chain infrastructure between [the] Beacon Chain and Smart Chain.” Binance and the Bnb Smart Chain suspended withdrawals...
Key EU Parliament Committee Approves MiCA Deal to Regulate Crypto
12.10.2022
European Parliament’s economic committee has backed the adoption of the comprehensive Markets in Crypto Assets (MiCA) regulation. It has also supported the introduction of rules for tracing cryptocurrency transfers, part of the latest EU anti-money laundering push. European Union’s MiCA Crypto...
Celebrity-Backed Fintech for Teens, Step Receives $300M in Debt Funding
11.10.2022
The app also launched a crypto trading feature, starting with bitcoin
Multiverse Labs launches government-backed metaverse city in UAE
10.10.2022
Multiple emirates in the UAE are looking to the metaverse to boost tourism in their respective regions. Sharjah now joins Dubai in broadening its Web3 ambitions
Snoop Dogg Associate Joins Gala Music Board, Death Row Records Steps Closer to Blockchain Commitment
8.10.2022
After the rap star Snoop Dogg acquired Death Row Records in February, the hip-hop legend explained that he would transform Death Row into a non-fungible token (NFT) label backed by blockchain technology. On Thursday, Snoop’s brand partnership manager Nick Adler joined a newly-created Gala...