Category: Latest news

[ad_1] Blockchain company EMURGO has announced the beta launch of Cardano Spot – a social network for enthusiasts to discuss the ecosystem. The Managing Director of EMURGO Media Sebastian Zilliacus said the closed beta was released at the end of 2022. Project development has since moved on to the open beta stage, taking into account…

[ad_1] Quick Take Bitcoin fell 2%  on Feb. 22 as markets began anticipating the upcoming FOMC minutes report. The FOMC minutes will be released at 2 PM ET. It is a transcript of what was discussed at the last fed meeting with all fed members when they raised interest rates by 25 bps. It will…

[ad_1] Ad Deutsche Bank and Memento Blockchain have completed a proof of concept tokenization platform called Project DAMA (Digital Asset Management Access), which aims to simplify launching and accessing digital funds. The project will initially be tested in Singapore due to its crypto-friendly disposition, as well as its status as a globally leading hub for…

[ad_1] Ad The general manager of the Bank for International Settlement, Agustin Carstens, said events in the past year “have cast serious doubts on the ability of stablecoins to function as money.” In a Feb. 22 speech, the bank chief argued that what sustains fiat currency is not novel technologies but “the institutional arrangements and…

[ad_1] TRON founder Justin Sun linked details of a $50 million spend by the Hong Kong government to accelerate Web3 development in the region. Sun called the plan a sign of “readiness to compete in global digital economy.” Seize Web3 opportunities Details of Hong Kong’s Web3 ambitions were laid out in a budget document updated…

[ad_1] Ad The Sydney Morning Herald reported that Australia’s crypto gaming firm, Immutable, will lay off 11% of its staff on Feb. 22. Immutable’s CEO, James Ferguson, reportedly blamed the decision on the company’s need to maximize its reserves and prioritize essential projects. Impacted workers would be offered an average of 10 weeks’ redundancy pay,…

[ad_1] Ad Non-fungible token (NFT) marketplace Blur said it would distribute additional 300 million tokens to loyal users during the second season of its airdrop. Blur previously airdropped 300 million tokens to its early users on Feb. 14. How to qualify for Blur’s “Season 2” airdrop The marketplace said the “Season 2” of its airdrop…

[ad_1] Sam Bankman-Fried’s lawyers said Feb. 21 that the defense has acquiesced to the court’s request to hire an independent technical expert to consult on bail conditions and is currently looking for a suitable candidate, according to a court filing. The move comes after the FTX founder breached his bail conditions by using encrypted messaging…

[ad_1] Web 3 infrastructure provider Ankr’s (ANKR) native token spiked from $0.03305 to $0.05583 between 14:00 UTC and 15:00 UTC on Feb. 21, which marks a 69% increase according to CryptoSlate data. The increase comes after Ankr’s announcement regarding its use of Microsoft Azure. ANKRUSD (Source: CryptoSlate) After spiking to $0.05583, the price fell as…

[ad_1] Ad Key Takeaways On-chain gaming activity rose by 1.31% to 858,621 dUAW in January. On average, top gaming tokens’ market caps increased by 122%, with GALA leading at 218% and $384 million. Sewer Pass generated $44.6M in trading volume and 10,561 sold NFTs in just two weeks as Yuga hosted its Dookey Dash competition.…