On Avalanche Blockchain Grimes Is Releasing A Intergalactic Children’s Metaverse Book
“Intergalactic Children’s Metaverse Book” by Canadian singer Grimes will be released on the Avalanche blockchain. In a virtual announcement last Friday at Avalanche Summit in Barcelona, Grimes announced that the $100 million initiative is the result of a partnership between OP3N and the Avalanche Foundation. “When I first got into Web 3, this was the […]
Cyworld Is Coming Back With The Launch Of Cryptocurrency called DTR
Cyworld, which was a dominant social network in South Korea prior to the emergence of Facebook, is set to reopen Saturday afternoon as a social networking tool allowing users to decorate their virtual spaces with cryptocurrency. Cyworld Z, which acquired Cyworld last year, announced on Monday that the once-mighty homegrown platform would be re-released at […]
$SAND The Sandbox Metaverse Token Jumps 8% Thanks to HSBC, Paris Hilton Deal
It is becoming more and more popular for big brands to explore the hype-driven metaverse in the Sandbox. Now, HSBC, Europe’s second-largest bank, and American megastar Paris Hilton, who is now a crypto enthusiast, are getting involved in The Sandbox With HSBC’s new partnership with The Sandbox platform, the bank has purchased a virtual plot […]
HSBC Partners With The Sandbox To Offer Gamified Educational Finance Games In The Metaverse
HSBC, one of the largest banks in Europe, announced its intention to purchase LAND inside of The Sandbox for an undisclosed sum. In a statement, The Sandbox said that its new partnership will offer users the chance to connect with sports fans, esports enthusiasts, and gamers. As consumers adopt Web3, it becomes increasingly imperative to […]
BNY Mellon Is Launching A Cryptocurrency Custody Platform
It was launched by BNY Mellon (founded in 1784), the oldest bank in the US. The depository platform will launch at the end of 2022 and initially support BTC and ETH. In the future, other digital and tokenized assets will be added to the platform over time. For better risk management, the bank will also […]
The Iranian Government Plans To Introduce A National Cryptocurrency Soon
Iran plans to launch a pilot phase of its national cryptocurrency in the near future, according to a recent report published by the Tehran Times. Iran’s Central Bank of Iran (CBI) Vice Governor for IT affairs, Mehran Moharamian, spoke on the possible benefits of cryptocurrency assets for the country’s financial sector. CBI has been working […]
IC15, India’s First Cryptocurrency Index Launched
In India, the crypto industry is booming, and several players are expressing interest in investing and providing services for investors. CryptoWire, a cryptocurrency app for Indian investors, has launched a dedicated index. As the first index of its kind in the country, the IC15 will track the performance of 15 most popular crypto coins worldwide. […]
Ferrari Team Up With Blockchain Firm Velas To Create Digital Products For Ferrari Fans
On Monday, Ferrari announced it had signed a multi-year agreement with Swiss technology company Velas Network to create digital content for its fans. Next season, Velas, a service and product provider to the digital industry, will partner with Ferrari. “In addition, Velas will be Title Sponsor of the Ferrari Esports Series, the online mono-brand series […]
The NFT Gaming third-quarter revenue reached $2.32 billion – Blockchain Gaming Alliance
Blockchain gaming continues to flourish and dominate the nonfungible token (NFT) industry according to research conducted by the Blockchain Gaming Alliance (BGA). According to the BGA, near 22% of all NFT trade volume took place in the third quarter of 2021. The study shows that NFT games generated revenue of $2.32 billion between July and […]
The Sandbox Raises $93 Million In Latest Round Of Investment
A Hong Kong-based gaming platform, The Sandbox, had raised $93 million from investors to allow users to create a virtual world using non-fungible tokens (NFTs). In the latest round, SoftBank’s Vision Fund 2 led the investment. Animoca Brands, the majority owner of The Sandbox, allows players to create their own virtual gaming experiences on the […]