Search Results for: Labor

US Labor Department Urges Caution over Crypto Investment in 401k Retirement Plans

The U.S. Department of Labor (DOL) on Friday warned employers and retirement plan providers to “exercise extreme care” before they consider cryptocurrency into their investment option for plan participants. The labor agency made such comments as part of its efforts focused on protecting the retirement savings of U.S. workers. The DOL said that cryptocurrencies like … Continue reading US Labor Department Urges Caution over Crypto Investment in 401k Retirement Plans

HSBC Enters Metaverse Space through Collaboration with the Sandbox

HSBC Bank announced Wednesday a partnership with The Sandbox, a blockchain gaming platform, to build its presence in the Hong Kong-based company’s metaverse. Through the partnership, HSBC acquired a plot of LAND, virtual real estate in The Sandbox metaverse, which it will develop to engage, entertain, and connect with sports, esports and gaming enthusiasts. The Sandbox is … Continue reading HSBC Enters Metaverse Space through Collaboration with the Sandbox

The Sandbox, FlickPlay Collaborate to Accelerate Interoperability in Metaverse

With the metaverse expected to be worth between $8 trillion and $13 trillion by 2030, virtual world gaming platforms The Sandbox and FlickPlay have joined hands to enhance its adoption by offering players a blockchain asset. With the interoperability concept being at the heart of the metaverse, the blockchain asset will enable users to move … Continue reading The Sandbox, FlickPlay Collaborate to Accelerate Interoperability in Metaverse

Mercado Bitcoin, Stellar Team Collaborate on Brazil’s CBDC Project

Mercado Bitcoin announced on Tuesday that it has partnered with the Stellar Development Foundation (SDF) to examine one of the nine projects in the LIFT Challenge Real Digital. LIFT is a collaborative environment hosted by the Central Bank of Brazil and the National Federation of Associations of Central Bank Servers that aims to assess the use cases … Continue reading Mercado Bitcoin, Stellar Team Collaborate on Brazil’s CBDC Project

Israeli Team Finest Expand ESports Collaboration To Tezos NFT’s And Blockchain Adoption

Tel Aviv, Israel, 22nd July, 2022, Chainwire Today, Team Finest is pleased to announce the organization has renewed its collaboration with Tezos Israel to build their first NFT on the energy-efficient Tezos blockchain. This one-year renewal of the contract will make history as Team Finest becomes the first eSports club in Israel to produce NFTs for its fans. As … Continue reading Israeli Team Finest Expand ESports Collaboration To Tezos NFT’s And Blockchain Adoption

Metaverse Giants Collaborate to Form DAO Metaverse Alliance

The blockchain metaverse giants have collaborated to form the DAO Metaverse called “Open Metaverse Alliance for Web3” (OMA3), which aims to bring together multiple virtual worlds to solve the key challenges of the metaverse and maintain users’ freedom of information. Game developers joining the consortium of the Open Metaverse Alliance for Web3 include Animoca Brands, a developer … Continue reading Metaverse Giants Collaborate to Form DAO Metaverse Alliance

Kenanga Investment Bank Collaborates with Ant Group to Launch Crypto-based Applications

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FIFA Launches Digital Collectibles Platform in Collaboration With Algorand

The global sports governing body of football, FIFA has launched a virtual assets platform dubbed FIFA+ Collect in partnership with Algorand Blockchain. According to the announcement, FIFA is taking the new development to democratize the accessibility of its fans to the captured moments of the “FIFA World Cup™ and FIFA Women’s World Cup™” in virtual … Continue reading FIFA Launches Digital Collectibles Platform in Collaboration With Algorand

Russia Collaborates With Other Countries to Setup Stablecoin Cross-border Clearing Platform

Russia is working with several countries to establish clearing platforms for cross-border settlements of stablecoins, Deputy Finance Minister Alexei Moiseev said on Tuesday, according to the state-backed TASS news agency. Typically, a stablecoin is backed by a reserve of fiat money or a basket of fiat money. The reserves that back the value of a … Continue reading Russia Collaborates With Other Countries to Setup Stablecoin Cross-border Clearing Platform

AC Milan Collaborates with MonkeyLeague to Debut e-Soccer Game

Italian soccer champion AC Milan becomes the first soccer club to partner with Web3-based NFT soccer gaming platform MonkeyLeague. The game features teams of at least 6 NFT MonkeyLeague players competing against real players. Rewards are based on league performance and players are rewarded with the digital currency MonkeyBucks ($MBS). According to the news report, … Continue reading AC Milan Collaborates with MonkeyLeague to Debut e-Soccer Game

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