GeneralBeginnerKuCoin Labs, the research arm of crypto exchange KuCoin, recently announced a $100Mfund to invest in metaverse projects. The firm will use funds to invest in GameFi, NFT, and decentralized infrastructure projects. KuCoin said that it will also provide business incubation services, branding,…
#cryptocurrency#metaverse#news
GeneralBeginnerCrypto Gaming United (CGU), an NFT metaverse gaming firm is enjoying a volcanic growth in players in more than 30 countries following its successful Initial Dex Offering (IDO) that sold out in a record six seconds. CGU, a leader in the metaverse play to earn(P2E) market, in just 12 weeks of its…
#news#play-to-earn
GeneralBeginnerThe Indian government is planning to prohibit cryptocurrency ads that promise wild returns. Such advertisements are growing across media platforms and were seen in abundance during the IPL 2020 and the recent T20 World Cup cricket matches. In a memo penciling the summering of a meeting of PM…
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GeneralBeginnerYou might have heard a lot about non fungible tokens, or NFTs, recently, which are fast becoming something quite sensational in today's ever evolving world of digital media, with one NFT art from Beeple selling for $69 million to total sales volumes of NFTs surging to $10.7B in the third quarter…
#nfts
GeneralBeginnerDeFi, short for “decentralized finance,” is a system that makes financial products available on a public decentralized blockchain network that is not regulated by financial intermediaries like banks and national or international administration. DeFi involves taking traditional elements of the…
#defi#news#smart-contracts
GeneralBeginnerFacebook has rebranded itself to Meta to better reflect its shift towards the metaverse, a shared digital space where people can interact with each other and with objects. Meta is the new parent company, under which Facebook, WhatsApp, Instagram, and others will operate. Introducing Meta, Mark…
#facebook#meta#metaverse
GeneralBeginnerTop U.S. banks and financial institutions are offering significant incentives to attract crypto talent. More than 1,000 positions for crypto experts have been filled by top U.S financial firms in the last three years. Those hiring the most include JPMorgan Chase & Co., Wells Fargo & Co. and…
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GeneralBeginnerThe Securities and Exchange Boards of India, Sebi has asked the depositories to make use of distributed ledger or blockchain technology for monitoring and even recording the entire creation process of securities. The agency also directed further to monitor the details of the legal formalities and…
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GeneralBeginnerIn 2019, Adobe launched the Content Authenticity Initiative (CAI) to address visual misinformation and protect creators through digital provenance. CAI has been creating mechanisms for digital content provenance via open source development, cross industry collaboration, and interoperability of…
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GeneralBeginnerThe P2E blockchain-based gaming sector is expected to grow exponentially along with the crypto and traditional gaming and e-gaming industries. Not only players can make money in transparent and fair virtual economies, they also have real ownership of game components.
GeneralBeginnerNFT marketplace and demand is growing and so are the new projects. Stratis Platform, a blockchain for C and .NET has launched its support to NFTs and has already funded several companies that are building NFT based games and Defi Projects. Recently, Stratis shared some exciting developments in its…
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GeneralBeginnerRecently, Measurable Data Token (MDT) launched Measurable Finance (MeFi), a blockchain oracle for capital market financial data. According to MDT MeFi has been devised to connect traditional financial data markets to the DeFi sector. The solution grants off chain external financial data feeds to…
#defi#news