Chiliz Labs, a global pioneer in blockchain technology for Web3 sports and entertainment, made the announcement about the beginning of its $50 million USD incubator and accelerator program on March 1st. Chiliz Labs Started the Incubator Chiliz is working to create the largest community in the sports and entertainment industries consisting of fans, brands, … Read more
Following the failure of Terra Luna UST and FTX in 2022, there has been a growing chorus of voices in the United States advocating for regulating crypto asset markets. Already, authorities in the United States are investigating the FTX and Alameda case, and key personnel, including former Chief executive Sam Bankman-Fried (SBF) and ex-FTX head … Read more
The Brazilian neo-bank Nubank has announced its intentions to make its cryptocurrency, Nucoin, available to all of its Brazilian customers. In October 2022, the bank, which serves over 70 million people in Brazil alone, officially announced the free token. Around that time, Nubank mentioned that it would collaborate with Polygon blockchain to develop its loyalty … Read more
When the testing process of the CBDC, digital dollar – the eAUD, officially begins, the Reserve Bank of Australia (RBA) has revealed that it will be working along with payments firm Mastercard. The Reserve Bank of Australia has stated that it plans to investigate a wide range of applications for its central bank-issued digital currency … Read more
The incorporation of AWS has been characterized as a step by IOST as one that will assist in expanding the Web 3.0 world. Protocol for decentralized blockchain networks As IOST wants to accelerate its expansion in the Web 3.0 industry, it has announced that it will be integrating with Amazon Web Services (AWS). Once the … Read more
Binance is currently facing challenges in achieving its objective of lawfully expanding its worldwide influence in nations such as the United States. The Binance exchange, the largest cryptocurrency exchange platform, is getting ready to submit a new application in Singapore in the hopes of being approved as a payment processor. According to Nikkei Asia (1), … Read more
A story published by Reuters on Tuesday stated (1) that the US payments firm Visa was pulling back on its cryptocurrency push amid a collapse within the industry. Those assertions, however, have been refuted by Visa at this time. The Head of Cryptocurrency at the processing company, Cuy Sheffield, responded (2) to the news via … Read more
The top game production platform Unity announced that they connected to Web3 on Tuesday, February 28, while they unveiled a new “decentralization” category in their online store. The Unity Asset Store will provide solutions that have been screened for quality to benefit game creators who are interested in decentralization tech and are ready to implement … Read more
Goldman Sachs, which is an investment bank, has said that there is a strong possibility that the company would hire additional workers to strengthen its digital assets division. Mathew McDermott, the worldwide head of the team, reportedly affirmed in an interview (1) that the bank continues to be “hugely supportive” of blockchain applications. Hence, even … Read more
Coinbase Global Inc., whose stock is traded on the NASDAQ under the symbol COIN, has launched several projects in an effort to accelerate the acceptance of cryptocurrencies in the United States with the launch of Crypto 435. The company, which is the most prominent cryptocurrency exchange that is publicly traded, is aware of the importance … Read more