Racing sports are becoming more Crypto-friendly to accept tokens. Formula One (F1) racing teams Aston Martin and Alfa Romeo reportedly become the first F1 teams to issue fans tokens of crypto on the Socios.com platform. Two sources reported that fans token are provided by Socios and bought with CHZ, which will start trading on coming … Continue reading Aston Martin & Alfa Romeo Launches Fan Tokens as the First F1 Teams
Stellantis-backed Italian automobile brand, Alfa Romeo is launching a new Sports Utility Vehicle in 2023, the Tonale and it will incorporate Non-Fungible Tokens (NFTs) and blockchain technology in its data capturing procedures. As reported by CNBC, the captured NFT data from the Tonale SUV will record and store data all through the vehicle’s life cycle. Amongst the … Continue reading Alfa Romeo Unveils Tonale SUV with NFT Tracking Capabilities
The oil market is currently witnessing a tussle between Russia and Saudi Arabia on the issue of oil production to counter the slowdown of the US Market. If the rumors are to be believed, the Iranian Government is making efforts to use cryptocurrency to bypass the sanctions which resulted from their involvement in the manipulation … Continue reading Why Energy Experts are Watching the Crypto Market Closely
Healthcare giant CVS Pharmacy has filed for a new trademark to offer Non-Fungible Token (NFT) related products or what it described as “Downloadable Virtual Goods” in the metaverse. Per the filing, prescription drugs, beauty, and personal care products in its application, along with “crypto-collectables” such as NFTs in its application, signalling the company’s desire to … Continue reading CVS Pharmacy Files for NFT and Metaverse Trademarks Registration
The United States announced that it has added Bitriver, a Russian cryptocurrency mining firm, to its sanctions list. The latest movement is part of the US ongoing efforts to block Russian companies from accessing the global financial network amid Russia’s invasion of Ukraine. The Treasury Department’s Office of Foreign Asset Control (OFAC), the agency which … Continue reading US Treasury Department Imposes Sanctions on Russian Crypto Mining Firm Bitriver
The German automobile company BMW intends to use blockchain technology into its day-to-day business operations and develop a blockchain-based customer loyalty program for BMW’s clients in Thailand.Coinweb, a blockchain infrastructure startup, has been hired by the well-known vehicle manufacturer to serve as its decentralized architecture supplier, and BNB Chain will be used for settling transactions.Two … Continue reading BMW Uses Coinweb And BNB Chain For Loyalty Program
Sberbank, the biggest bank in Russia, is pushing ahead with the plan to deploy its decentralised financing (DeFi) platform. The bank is now getting ready to test out the product within the next few months. The head of Sberbank’s Blockchain Lab, Konstantin Klimenko, said on February 3 that the financial institution anticipates beginning open trials … Continue reading Russia largest bank is moving forward with the plan
HONG KONG, 22 March 2023—More than a hundred renowned Web3 projects from around the world have confirmed their attendance at the Hong Kong Web3 Festival 2023, which is jointly hosted by Wanxiang Blockchain Labs, HashKey Group and organised by W3ME. The festival will be held at the Hong Kong Convention and Exhibition Centre (HKCEC) from … Continue reading Global Web3 Projects Assemble! Hong Kong Web3 Festival 2023 Releases Sponsor List