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
Artists from various industry genres are bombarding the US Copyright Office with calls for quick copyright reforms as AI use in the arts industry keeps growing. From country musicians, authors, voice actors, publishers, and video game artists, the consensus is
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
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
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
The security firm SlowMist has unmasked a hidden danger within the Apocalypse Metaverse game. This discovery has sent ripples through the Web3 space, cautioning users about the perils lurking behind gaming experiences. According to familiar sources, the findings of SlowMist
Nomura, in collaboration with its subsidiary Laser Digital, unveils a traditional Japanese botanical garden experience in The Sandbox metaverse. The immersive venture aims to integrate heritage, sustainability, and digital asset exploration. While the initial enthusiasm surrounding cryptocurrencies and the metaverse
Bitcoin (BTC) briefly rose above $35,000 for the first time since May 2022, driven by speculation that U.S. regulators will soon approve a Bitcoin exchange-traded fund (ETF). The price of BTC reached $35,086 on Tuesday, up over 17% in 48
Microsoft is planning to launch what’s been called its “first” AI chip next month, according to a report by The Information. The move is seen as a way for the company to reduce its dependence on Nvidia-made GPUs, which are
Calcium (CAL), a test token created by Shiba Inu, is taking on a life of its own as an independent memecoin despite being branded a “scam” by one Shiba Inu developer. The token quickly ran out of Shiba Inu’s control
In the wake of a devastating $70 million security breach, the popular cryptocurrency exchange CoinEx is demonstrating a notable resurgence. A breach, which saw the compromise of its hot wallet keys, led to a suspension of crucial services, shaking the
The cryptocurrency exchange CoinEx has fallen victim to a massive hack, resulting in the loss of an estimated $53 million worth of Ethereum (ETH), TRON (TRX), and Polygon (MATIC). This cyber heist has left the exchange and its users reeling
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