McDonald’s Singapore now has its own metaverse world called “My Happy Place,” offered through its official app in collaboration with Bandwagon Labs—and people who own official Grimace NFTs launched in 2023 get special perks in the digital locale. The 3D online environment allows users to play games like Build-A-Burger, envision future McDonald’s restaurant designs, and participate in daily contests offering…
Month: June 2024
BNB blasts past $700. Is there a limit to this rally?
BNB Chain activity and BNB derivatives indicate a healthy bull run, but no room for further upside. Source: https://cointelegraph.com/news/bnb-blasts-past-700-is-there-a-limit-to-this-rally
Humane AI Pin Implosion? Poor Sales, Fire Risk, and Potential Acquisition
The Humane AI pin is hot—in all the wrong ways. After heavy launch hype, Humane AI’s $700 AI Pin was met with a wave of harsh reviews. Amid poor sales, the device is now struggling with a faulty accessory. On Wednesday, Humane AI warned users to “immediately stop using and charging” the AI Pin’s optional charging case because of “a…
Associate Professor Rejects Alleged Link Between Nigerian Currency Depreciation and Crypto Trading
Nigeria’s decision to halt naira trading on cryptocurrency exchanges is likely to worsen matters for its volatile currency,” an associate professor at the University of East London has argued. The associate professor said Nigeria can effectively regulate the cryptocurrency industry through a framework introduced by its securities regulator in 2022. Crypto Trading Not Linked to […] Source: https://news.bitcoin.com/associate-professor-rejects-alleged-link-between-nigerian-currency-depreciation-and-crypto-trading/
Xai Reveals Vanguard: Genesis Campaign With New Ethereum Games and Rewards
Xai, an Arbitrum-powered Ethereum layer-3 scaling network focused on video games, announced Thursday that it will launch its Vanguard: Genesis campaign beginning June 10, offering up months of game launches and fresh rewards ahead. Set to run through November, the Vanguard: Genesis campaign will feature a suite of new game releases, quests, achievements, and rewards for the Xai community. Games…
Kraken preparing for $100M funding round ahead of possible IPO: Report
The cryptocurrency exchange said in 2021 — before Coinbase’s IPO — that it planned to pursue a direct listing if it chose to go public. Source: https://cointelegraph.com/news/kraken-funding-round-ipo-us
Unstoppable Domains and Blockchain.com Partner for DNS-Enabled Web3 Domain
Unstoppable Domains and Blockchain.com have announced a collaboration to create a DNS-enabled Web3 domain. The initiative aims to integrate Web3 domains into the traditional web ecosystem through an application with the Internet Corporation for Assigned Names and Numbers (ICANN). Unstoppable Domains and Blockchain.com Collaborate on DNS-Enabled Web3 Domain Unstoppable Domains and Blockchain.com plan to submit […] Source: https://news.bitcoin.com/unstoppable-domains-and-blockchain-com-partner-for-dns-enabled-web3-domain/
Ether futures open interest and options trading volume at all-time high – are bulls at risk?
Ether implied volatility has experienced a notable surge following spot Ether ETF approval news. Source: https://cointelegraph.com/news/ether-futures-open-interest-and-options-trading-volume-at-all-time-high-are-bulls-at-risk
Deciphering Pendle Finance’s surge and the pop up of Notcoin
Pendle Finance and Notcoin recently experienced roughly 58.6% and 400% price growth, respectively and are thus among the recent top performers. Source: https://cointelegraph.com/news/pendle-finance-notcoin-surge-analysis
‘The Sandbox’ Ethereum Game Valued at $1 Billion With New Funding
The Sandbox, an Ethereum metaverse game platform, announced Wednesday that it has raised $20 million in convertible promissory notes at a $1 billion valuation. That makes the long-running project the latest crypto “unicorn,” based on the billion-dollar valuation. The latest funding round was led by Kingsway Capital and Animoca Brands; Animoca, a prominent metaverse investment firm, is also the parent…