Changpeng Zhao, better known as “CZ,” the founder of Binance, is stepping down as CEO. This news is part of a $4 billion settlement with the U.S. Department of Justice (DOJ). This decision has sparked intense reactions from investors and
In recent events, Nick Johnson of the Ethereum Name Service has openly criticized Unstoppable Domains for their approach to patenting in the web3 naming sector. Highlighting a clash of ideals, Johnson’s tweets argue that UD’s approach undermines the Web3 community’s
Game7’s State of Web3 Gaming 2023 report reveals Asia-Pacific’s lead in game development and the U.S.’s dominance in funding, offering a deep dive into the evolving landscape of blockchain-based gaming. The report, led by George Isichos and Steven Chen from
Spacenet Enterprises India Limited’s recent reports highlight investments in the dynamic realms of eSports and Web3. While these ventures are set against growing market interest and potential, it is crucial to approach them with a balanced perspective, considering both the
The gaming landscape is shifting into Web3, with players like Microsoft, Sony, and others exploring blockchain technology and its applications. Per Forbes, these moves signify a new era where digital assets could seamlessly move across various devices, from consoles to
In a stark contrast to the prolonged quietness, the NFT market is witnessing a surprising upturn, led by notable collections like Bored Ape Yacht Club (BAYC) and CryptoPunks. For months, the NFT market had been eerily quiet, with minimal activity
The recent resurgence in the Web3 sphere has been marked by a significant uptick in the performance of metaverse tokens, particularly Gala (GALA), Axie Infinity (AXS), and The Sandbox (SAND). These tokens are surviving and thriving, with Gala leading the
In a recent and unexpected turn of events, the cryptocurrency market experienced a significant shake-up due to a fraudulent filing for a BlackRock XRP Trust. Bloomberg analyst Eric Balchunas confirmed the inauthenticity of the filing, which led to a dramatic
Nasdaq has filed a proposal to list shares of BlackRock’s newly registered Ethereum Trust. This move comes hot on the heels of BlackRock’s Ethereum Trust registration, fueling speculation about the potential launch of an Ethereum-based exchange-traded fund (ETF). The announcement
SBI Holdings has unveiled an investment fund of significant proportions, signaling Japan’s dedication to the growth of its emerging startup sector. With an allocation of $663 million, this fund will support new ventures in Web3, artificial intelligence (AI), and the
Moody’s Analytics has stepped into the forefront of financial innovation with a new service that utilizes artificial intelligence to predict the likelihood of stablecoin depeggings within a day’s notice. This pioneering approach, nestled within Moody’s Digital Asset Monitor (DAM), delivers
Abu Dhabi has legalized decentralized autonomous organizations (DAOs), rolling out a comprehensive distributed ledger technology (DLT) framework. This progressive step not only lays the groundwork for Web3 entities to flourish with legal clarity but also empowers them with the authority
ABOUT US
and then