Elvis Presley, the King of Rock ‘n’ Roll, will soon make his entrance into the metaverse with a series of officially licensed NFT avatars. This exciting announcement comes from The Sandbox, which has confirmed the release date for these avatars that celebrate the enduring legacy of the iconic musician. The collection will feature a total of 3000 avatars, each showcasing …
Continue ReadingFormer Commodity Futures Trading Commission lawyer, Mike Selig, has brought attention to the case for an XRP exchange-traded fund (ETF) amidst the recent wave of applications for Ethereum ETFs with the U.S. Securities and Exchange Commission (SEC). Selig’s perspective takes into account key regulatory speeches, the SEC FinHub framework, and relevant court decisions pertaining to digital assets. Selig argues that …
Continue ReadingOpen Ordinals Institute Formed to Support Bitcoin-Based Protocol The team behind the innovative Bitcoin-based protocol, Ordinals, has reached a milestone in its development journey. They recently launched a nonprofit organization called the Open Ordinals Institute to provide crucial support for their groundbreaking protocol. This announcement comes at an opportune time as the platform surpasses 21 million inscriptions. Ordinals, created by …
Continue ReadingBinance Faces Scrutiny Over Allegations of Fraud and BTC Manipulation The crypto-exchange giant, Binance, is currently under the spotlight as allegations of potential fraud and Bitcoin (BTC) manipulation surface. Investors and investigators are closely observing Binance, its CEO Changpeng Zhao (CZ), and its native token Binance Coin (BNB) amidst controversy and uncertainty. One intriguing pattern that has emerged is the …
Continue ReadingMeta, the parent company of social media giants Facebook and Instagram, is making significant strides in building its ‘Metaverse’ and is now expanding into AI technology. According to a recent report from the Financial Times, Meta is preparing to introduce AI-powered chatbots with different personas that can engage users in human-like conversations and provide unique experiences on its social platforms. …
Continue ReadingHong Kong has taken a significant step in its fintech regulatory landscape as the Securities Regulatory Commission (SFC) has approved compliant exchanges to offer services to retail investors. This groundbreaking move allows retail investors to access digital assets through these exchanges, marking an important milestone for Hong Kong. Currently, only two exchanges, HashKey Pro and OSL, have obtained compliance status …
Continue ReadingGala Games teams up with Elixir Games Launcher to bring blockchain-based games to a wider audience, offering weekly gaming nights and enriching the gaming landscape. Key Points Gala Games, a prominent player in the Web3 gaming industry, has joined forces with Elixir Games Launcher, a well-known distribution platform. Their aim is to expand the reach of Gala’s blockchain-based games to …
Continue ReadingRipple is back in the spotlight and taking a strong stance against misconceptions surrounding a recent lawsuit ruling. In its Q2, 2023 XRP Markets Report, the company aims to correct the distorted narrative and shed light on the nuanced implications of the court’s decision. The first misconception Ripple seeks to debunk is that the court’s ruling was a split decision. …
Continue ReadingBandai Namco, the renowned gaming giant behind popular franchises like Pac-Man and Tekken, has entered the world of blockchain gaming with the launch of an AI-powered virtual pet game. The company’s research arm, Bandai Namco Research, has teamed up with Oasys, a gaming-centric blockchain network, and Japanese startup Attructure, to introduce RYUZO, a new game featuring NFT-based digital creatures known …
Continue ReadingKenyan Government Suspends Worldcoin’s Operations, Leaving Future of Project Uncertain Worldcoin, the crypto project co-founded by OpenAI’s Sam Altman, is facing a significant setback as the Kenyan government suspends its operations. This decision, announced today, has raised concerns and left the future of the project uncertain. Worldcoin has gained popularity in Kenya for its unique utilization of iris scan technology …
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