October will be written in Bitcoin’s history books as the month that saw the top cryptocurrency break the record by soaring to the $66,900 level. This price surge was boosted by net inflows worth $315 million witnessed in October. Market insight provider CryptoCompare explained: “After 3 months of net outflows, average weekly inflows into BTC … Continue reading Bitcoin Net Inflows Records $315 Million in Total in October
According to the announcement revealed by the Korea Economic Daily, the Korea Teacher’s Credit Union (KTCU), the second-largest institutional investor in South Korea, is planning to invest in Bitcoin as part of its balance sheet. The public pension fund would not purchase Bitcoin directly but get exposure to it via investment products like Bitcoin ETFs. … Continue reading South Korea’s Teachers’ Pension Fund Announces Plans to Invest in Bitcoin on Its Balance Sheet
News has emerged that Kim Jung-ju, a prominent South Korean businessman, investor, philanthropist, and founder of Korea’s largest gaming company, Nexon, died on Monday at the age of 54, according to the Korean Herald. Reports, citing Nexon’s holding company NXC, disclosed on Tuesday evening that Jung-ju died in Hawaii, U.S., on February 28. He had … Continue reading South Korean Billionaire Businessman Kim Jung-ju Passes away, Aged 54
Capturing all the hype from Thailand, a number of popular Thai influencers have shared their keen interests in the MetaBunny NFT project. The NFT project created by HKD.com has certainly gained handsome traction in the Thai NFT community lately, with different crypto-influencers spreading the awareness of MetaBunny and conducting project reviews on the MetaBunny Project. … Continue reading MetaBunny NFT gaining traction in Thailand
Seattle-based startup Irreverent Labs has once again raised $40 million in funding led by Silicon Valley heavyweight investment firm Andreessen Horowitz (a16z). Irreverent Labs is building games and entertainment in which all the characters are AI-powered NPCs. The financing will lead to the development of a blockchain-based fighting game called MechaFightClub, which pits chicken-style fighting … Continue reading Irreverent Labs Raises $40m in Funding, Led by a16z
The US House Ways and Means Committee chairman has asked the Government Accountability Office (GAO) to study cryptocurrency investment options in the major defined contribution (DC) plans. The DC plans include public retirement savings plans like 401(k) pension plans. Chairman Richard Neal, D-Mass., sent a letter on Wednesday to GAO Comptroller General Gene L. Dodaro in which … Continue reading US House Committee Chairman Seeks Insights into Crypto Retirement Plans
Tokyo, Japan, 26th July, 2022, Chainwire PolkaFantasy, the world’s first Japanese ACG-dedicated blockchain ecosystem, announced the launch of their rebranded NFT marketplace, aimée, on a quest to bring people from all over the world together for their love of NFTs on August 4th and 7th. As part of the launch, aimée is featuring an exclusive NFT … Continue reading PolkaFantasy's New NFT Marketplace aimée Features Exclusive Collection from Mega Man’s "Beastroid"
Pension funds that have bet on the cryptocurrency market over recent years face difficulties navigating the ongoing crash associated with digital assets. Caisse de dépot et placement du Québec, Canada’s second-largest pension fund, invested $150 million in Celsius Network LLC last October. In July, the crypto lending platform, Celsius, filed for bankruptcy protection because of … Continue reading Public Pension Funds Eroded by Headwinds from Crypto Winter
Internet entrepreneur Kim Dotcom, formerly known as Kim Schmitz, has said that a “big crash” would help mainstream crypto assets as an everyday medium of exchange rather than encouraging speculative behaviour. His comments last Friday followed a dramatic sell-off that occurred on Friday when major cryptocurrency plummeted their prices further. Bitcoin price dropped almost 4% … Continue reading Big Crash Needed for Crypto to Go Mainstream, Says Kim Dotcom
Web 3.0 technologies are making further inroads into a variety of traditional businesses, hence introducing innovation to previously established protocols. This encompasses creative industries that have a long history, such as the music business, as well as more contemporary creative sectors, such as the film industry. The new film Fuzzy Head will have its world … Continue reading The Use of Blockchain in the Film Industry