Yuga Labs has announced a new Bored Ape Yacht Club (BAYC) community council to help the project “grow and thrive.” The team revealed seven council members in an Oct. 5 blog post, noting that they are all OGs who have been around since the early days of the BAYC. Yuga Labs said it assembled a new community council made up…
Month: October 2022
Uncertainty Creating Widespread Market Volatility – Bitcoin Magazine
The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now. Word Of The Day: Volatility Are you prepared for increased volatility? It’s common for markets to only get more volatile as…
GameFi could be the answer to unemployment for some — Aussie game studio
Australian-based Web3 game studio Ninja Syndicate’s CEO and founder believes GameFi could usher in a new era where users can earn a living wage through blockchain games. Speaking to Cointelegraph, founder John Nguyen and CEO Alex Dunmow say that traditional jobs are increasingly at risk through factors such as automation. According to the game developers, blockchain games can and are…
Web3 gaming still a long way from mainstream adoption: Survey
A new survey commissioned by blockchain entertainment provider Coda Labs suggests that despite the huge amount of money being poured into Web3 gaming, traditional gamers are still yet to warm up to crypto or NFTs and have little interest in Web3 games. According to the survey, gamers pointed to practical barriers as their main reason for shying away from Web3…
South Korea Reportedly Freezes Do Kwon’s Crypto Worth $40M — Luna Founder Says the Funds Are Not His – Regulation Bitcoin News
South Korean authorities have reportedly frozen $40 million in crypto assets, including bitcoin, allegedly belonging to Luna founder Do Kwon. However, Kwon denied that any funds of his have been frozen. “I don’t even use Kucoin and Okex, have no time to trade, no funds have been frozen,” he insisted. Prosecutors Say They’ve Frozen Do Kwon’s Crypto, Including Bitcoin South…
Taliban had a ‘massive chilling effect’ on Afghan crypto market: Report
Crypto value received in Afghanistan surged in the wake of the Taliban seizing power in August 2021, but crypto markets have flat lined under the regime. Source: https://cointelegraph.com/news/taliban-had-a-massive-chilling-effect-on-afghan-crypto-market-report
Elon Musk Hints Everything App ‘X’ Is Coming — Says Buying Twitter Accelerates Creation of X – Featured Bitcoin News
Tesla and Spacex CEO Elon Musk has hinted that “X, the everything app,” is coming. He explained that his purchase of the social media platform Twitter is an accelerant to the creation of X, which could knock three to five years off the project. Elon Musk’s X — The Everything App Tesla CEO Elon Musk has hinted about the creation…
NEAR Protocol partners with Google Cloud to support Web3 devs
NEAR Foundation has announced a new partnership between Google Cloud and NEAR Protocol, providing infrastructure to NEAR’s Web3 startup platform, Pagoda. According to an Oct. 4 announcement, this partnership will allow Google Cloud to provide “technical support” to NEAR grant recipients by providing infrastructure for NEAR’s Remote Procedure Call (RPC) node provider to Pagoda. Near Protocol is a decentralized application…
Former SEC Attorney: ‘It’s Much Easier If You Launch Your Network In a Compliant Way’
As blockchain companies continue to grapple with evolving regulations and an uncertain future, many must decide whether to wait for permission or just launch and potentially beg for forgiveness—if forgiveness is even on the table. “It’s much easier if you launch your network in a compliant way,” Teresa Goody Guillén, an attorney at Baker Hostetler and former SEC litigator, tells…
Solidus Ai Tech Announces New Partnership With Metaverse Giants Galaxy Arena – Sponsored Bitcoin News
sponsored Solidus Ai Tech has recently announced a new strategical partnership with Galaxy Arena, currently the only VR Earn game aggregator metaverse hub. Galaxy Arena are really making some noise in the Play2Earn and Meta space by bridging the gap between virtual and reality by ‘bringing events, attractions and businesses into the metaverse.’ Galaxy Arena and its partners will benefit…