press release PRESS RELEASE. Today, Web3 development studio Emergent Games has launched a range of 1,000 limited edition Genesis 0 Cryotag NFTs for massively multiplayer online role-playing game (MMORPG) Resurgence. The NFTs, or non-fungible tokens, are offered exclusively via invite-only free mint and confer access to a private portion of the game’s Discord server, airdrops for future tokens and NFTs,…
The Beijing municipal government on Aug. 23 announced a two-year (2022-2024) metaverse innovation and development plan that would require all districts to adhere to the newly released Web3 innovation plan. The development action plan refers to the Metaverse as a new generation of information technology integration and innovation that would drive the growth of the internet towards Web3. The innovation plan…
The Australian Securities and Investments Commission (ASIC) Chair Joseph Longo has made his thoughts on crypto investments clear: It’s “not my job to be a crypto cheerleader.” During a Committee for Economic Development of Australia luncheon on Tuesday, Longo said that crypto is a “financial innovation full of promise, celebrity status, and volatility,” noting the differences between the benefits of…
The Ontario Securities Commission (OSC) today issued an alert flagging 13 companies that “are not registered to deal or advise in securities in Ontario,” including the Seychelles-based MEK Global Limited and the Singapore-incorporated PhoenixFin Pte. Ltd., both of which collectively make Kucoin. The OSC’s new warning against Kucoin is the second this month. It asks investors to report any approaches…
While other traders may be quick to take profits once they see gains, some are willing to hold on to their digital assets until they can pursue bigger goals, like a “mega yacht.” In a Twitter thread, Mintable founder Zach Burks shared how he found Web3 and went from being broke and jobless to founding a nonfungible token (NFT) marketplace.…
The Singapore High Court on Monday approved a petition from advisory firm Teneo to recognize the liquidation order issued to crypto hedge fund Three Arrows Capital (3AC), according to a Bloomberg report citing unnamed people with knowledge of the matter. Teneo, which was appointed by a British Virgin Islands court to liquidate 3AC in June, lacked the legal basis to…
Two prominent YouTube content creators are set to lock horns in a legal battle over a cryptocurrency video allegedly promoting a project that ended up being a scam. Bitboy Crypto, a YouTube channel founded by Ben Armstrong, produces a variety of content focused on cryptocurrency news, projects and tokens and trading advice. The channel has been active since February 2018…
The United States filled in the wide gap in Bitcoin (BTC) mining that was left open by China by the end of June 2021. Despite looming rumors of high power consumption, officials in Texas, one of the fastest growing crypto mining hubs in the US, now believe that mining operations can, in fact, garner a symbiotic relationship with the energy…
Malaysia continues accelerating its pace of cryptocurrency adoption as one of the major local banks is moving into cryptocurrency trading as part of its default banking offerings. Kenanga Investment Bank Berhad, one of the largest private investment banks with more than 500,000 customers, has partnered with China’s tech giant Ant Group to launch a crypto-friendly wallet and trading app. According…
This is an opinion editorial by Andy LeRoy, the founder of Exponential Layers which is a Lightning Network analytics platform and explorer. This beautiful three bedroom, 1.5 bath house in Charlotte, North Carolina, is a millennial’s dream. Complete with a backyard and a porch for enjoying a coffee, it is in a prime neighborhood just down the street from a…
