In this inaugural edition of Cointelegraph’s monthly Web3 gaming column, we highlight some of the top stories and events in the blockchain gaming space over the past few weeks, as well as upcoming releases. Fortnite player sells Dookey Dash prize It has been a little over a month since NFT behemoth Yuga Labs, the company behind Bored Ape Yacht Club…
In this inaugural edition of Cointelegraph’s monthly Web3 gaming column, we highlight some of the top stories and events in the blockchain gaming space over the past few weeks, as well as upcoming releases. Fortnite player sells Dookey Dash prize It has been a little over a month since NFT behemoth Yuga Labs, the company behind Bored Ape Yacht Club…
On its live summit, “The Crypto Winter Recovery Plan,” Cointelegraph Markets Pro revealed how traders could have mostly avoided a gut-wrenching 75% pullback in the crypto market while securing mind-boggling gains. The Cointelegraph Markets Pro team argues that while hodlers tied their capital into a capitulating market, nimble Markets Pro members were able to capitalize on real-time, institutional-grade crypto market…
Bitcoin remained in consolidation earlier in Tuesday’s session, as markets prepared for this afternoon’s testimony from Fed Chair Powell. The head of the U.S. Federal Reserve will be speaking in front of the Senate Banking Committee later in the day. Ethereum was also largely unchanged, as it traded close to a support point. Bitcoin Bitcoin (BTC) continued to trade sideways…
For several months now, the decentralized finance (DeFi) sector has been on the receiving end of a major bear market, so much so that the total value locked within this space has slipped from its all-time high of $150 billion (achieved back in May 2022) to its current levels of just over $50 billion. Despite this, the amount of capital…
The government of Thailand is moving to benefit from the digital asset industry growth by allowing tax-free issuance of digital tokens for investment. Thailand’s cabinet has agreed to waive corporate income tax and value-added tax (VAT) for companies that issue investment tokens, Reuters reported. Announcing the news on March 7, deputy government spokesman Rachada Dhnadirek said that companies will be…
An alleged ethical hacker has drained $1.59 million from the decentralized finance (DeFi) lending platform Tender.fi, leading the service to halt borrowing while it attempts to recoup its assets. Web3-focused smart contract auditor CertiK and blockchain analyst Lookonchain flagged an exploit that saw funds drained from the DeFi lending protocol on March 7. Tender.fi confirmed the incident on Twitter, citing…
Director Miguel Faus made headlines with his novel approach to funding his feature film “Calladita” by selling NFTs. But, he cautions, he “wouldn’t recommend” that other filmmakers duplicate his approach exactly because the Web3 filmmaking space has already moved on. “Our mint collection worked quite well, and we were able to fund the movie—but that’s over now,” he told Decrypt…
WeChat, China’s leading social networking and payment app, has added the country’s central bank digital currency (CBDC), to its payment services, according to reports in local media. The move aims to help broaden the appeal of the digital yuan. WeChat now supports the fast payment function of the digital yuan wallet, making it the second payment platform to do so…
The Chinese government has plans for a governmental overhaul, according to a new announcement. This includes introducing a new national financial regulator. On Tuesday, March 7, the government announced that its current banking and insurance watchdog, the China Banking and Insurance Regulatory Commission (CBIRC), will be abolished. The responsibilities which previously belonged to this commission will be moved to a…
