LVMH, a corporation specializing in the production of luxury goods, has asserted that blockchain technology is essential for luxury companies to enhance the product lifecycle. “When discussing luxury, you are dealing with long-term products, repair, and care,” asserts Franck Le Moal, the Chief Information Officer (CIO) of the luxury goods giant LVMH. In addition, Le … Read more
Following an announcement made by the Financial Supervisory Commission of Taiwan (FSC), it will now serve as the principal regulating body for cryptocurrencies in Taiwan. A number of legislators have advocated for the Ministry of Digital Affairs (MODA) to take the lead role in regulating cryptocurrencies. Notwithstanding this, the FSC made it public by releasing … Read more
The practice of purchasing digital assets has been simplified due to Coinbase, one of the major cryptocurrency exchanges in the world, opening up the transfer of cash to and from wallets through local banks. The revelation comes at a pretty unfavorable time for the markets, which are fighting to maintain their buoyancy due to concerns … Read more
Bybit, based in Singapore, along with Oracle Red Bull Racing (RBR), a team that competes in Formula One, have announced the debut of their collaborative e-sports program, called Bybit Performance Accelerator. The program aims to improve the overall performance of high-level e-athletes who participate in international tournaments. What exactly is the Bybit Performance Accelerator? … Read more
Nissan is not the first automobile manufacturer to submit a patent application for one of its vehicles. Several trademark registrations for Web3 have been submitted by General Motors, Ford, and Mercedes, respectively. Four applications for the web3 trademark have been submitted by the Japanese automobile manufacturer Nissan to the United States Patent and Trademark Office … Read more
Yuga Labs has officially finished bidding for the TwelveFold collection, which was the company’s first Bitcoin-based non-fungible token (NFT). During the auction, which lasted for a whole day, there were 288 successful bidders who could take home as many items from the library. In addition, the company claims (1) that it has made a profit … Read more
According to recent reports, the e-commerce behemoth Amazon Inc is getting ready to roll out its NFT platform very soon. According to the details, the debut is scheduled for April 24th of the following month. Amazon is reportedly (1) getting ready to start selling non-fungible tokens (NFTs) on its website, as revealed in an exclusive … Read more
Xapo Bank recently announced that it has begun using the Lightning Network and has entered into a relationship with Lightspark. Because of this agreement, the organization will become the first private bank to be licensed to take Lightning payments. Users of Xapo Bank now have the ability, as stated (1) in a press release, to … Read more
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
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