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US Treasury Official Warns Crypto Industry to Proactively Sanction 'Problematic' Wallets
19.5.2022
Alessio Evangelista, the associate director for Enforcement at the Financial Crimes Enforcement Network (FinCEN) said “too often” crypto service providers have opted to keep their head in the sand about blatantly suspect wallets “right up until the day of an OFAC designation or criminal indictment.”
Crypto jobs market holding up despite tech industry cutbacks
19.5.2022
Crypto-specialist recruiters say they have not witnessed a downturn in crypto-related job opportunities, despite a myriad of staff lay-offs in the wider tech industry
$3B flows to Metaverse and Web3 gaming this month as A16z’s tips in $600M
19.5.2022
“GAMES FUND ONE” will invest in game studios, consumer apps and game infrastructure providers with a16z saying the industry has “solved many of the problems” needed to make a Metaverse
Russia will inevitably legalize crypto payments says trade minister
19.5.2022
“The question is when this will happen, how it will happen and how it will be regulated. Now both the Central Bank and the government are actively engaged in this,” said trade minister Denis Manturov
Japanese City to Launch Metaverse Project with Entertainment Industry Behemoth
18.5.2022
Local Japanese government bodies are set to begin metaverse projects – and may make use of NFTs and avatars in a new virtual space.
The ball is beginning to roll in Yabu, a city in the nation’s Hyogo Prefecture, where local authorities have teamed up with Yoshimoto Kogyo, one of Japan’s biggest...
Twitch co-founder raises $24M for Web3 gaming firm Metatheory
17.5.2022
The funding round led by Web3-focused venture capital firms will be used for upcoming nonfungible tokens, comics and a play-to-earn game slated for late 2022
Fall Guys Gets Free-To-Play Overhaul Next Month
17.5.2022
It was a big day for jelly bean battle royale Fall Guys. Mediatonic announced the pandemic-era hit would go free-to-play, land on Xbox and Switch next month, and start its seasonal calendar over from scratch again. It’s effectively going the Rocket League route, but three years ahead...
DeFi attacks are on the rise — Will the industry be able to stem the tide?
14.5.2022
Dozens of DeFi systems have been hacked over the past year, and the trend doesn’t seem to be abating
What happened? Terra debacle exposes flaws plaguing the crypto industry
13.5.2022
The downfall of Terra calls into question the real-world utility as well as the long-term viability of algorithmic stablecoins
Blockchains are forever: DLT makes diamond industry more transparent
13.5.2022
Blockchain integration into any sector has proven to be a fitting move, and the diamond industry’s interest in this technology will without doubt be instrumental in its improvement
Industry experts weigh in on SEC hiring more crypto cops
11.5.2022
The SEC's decision to expand its digital assets section was well received by industry experts and came as no surprise, given the growing interest in cryptocurrencies
Report: Nigerian Crypto Restrictions and Twitter Ban Have ‘Crippled Foreign Direct Investment in the Fintech Industry’
10.5.2022
A new report has concluded that restrictions on cryptocurrency trading, as well as the banning of Twitter by Nigerian authorities, may have “crippled foreign direct investment in the fintech industry.” Foreign Direct Investment ‘Crippled’ A new report has found that...
Yoju
10.5.2022
YOJU online casino was introduced in 2020, and it’s one of the best crypto casinos in the industry. For all the players who are looking for top-notch gambling experience, Yoju Casino will be the right choice. The casino comes with … Continued
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Nigeria upgrades CBDC as crypto restrictions cripple fintech industry
10.5.2022
Nigeria’s central bank has upgraded its eNaira to steer the country away from crypto even after a UN report stated that restrictions on digital currencies are stifling the nation's fintech sector
Question of centralization faces growing crypto insurance industry
9.5.2022
Cryptocurrency insurance is expected to be a big business: Will it be centralized or decentralized?
Nigerian Fintech Founder: ‘African Fintechs Have a Greater Scale Potential Than Other Tech Startups’
9.5.2022
The African fintech industry has grown rapidly over the past few years and this has caught the attention of some well-resourced venture capital (VC) firms. As one would expect, Nigerian fintech startups have dominated the continent in terms of funds raised or the number of transactions performed....
For the crypto industry, supporting sanctions is an opportunity to rebrand
8.5.2022
Failure to align with the wider financial services industry by enforcing sanctions against Russia will come at a high cost for the crypto sector
NFT market well-positioned to grow 35% into a $13.6B industry by 2027
7.5.2022
For the next five years, trends tied to the global NFT boom continue to factor in the growing involvement of mainstream influencers, gaming communities and the rising demand for digital artworks
There’s more to NFTs than just PFPs — 5 ways nonfungible tokens will transform industry
6.5.2022
NFT art continues to grow in popularity, but what other industries could the technology disrupt in the next few years?
Georgia to Unveil New Cryptocurrency Law by This Fall
6.5.2022
Authorities in Georgia are now holding discussions with industry representatives to finalize a bill designed to regulate coin trading, among other crypto-related activities. The legislation will be presented to the Georgian society this fall at the latest, a top central bank official announced....