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Digital Payment Platform Wirex Expands Wallet Offerings with NFT Functionality

Wirex, a cryptocurrency platform based in London, announced on Tuesday that it has expanded some features and functionalities of its non-custodial wallet, allowing users to add NFTs, purchase crypto coins, and make payments using Google Pay and Apple Pay.   The announcement comes after Wirex formed a strategic partnership with the metaverse NFT project, Tori … Continue reading Digital Payment Platform Wirex Expands Wallet Offerings with NFT Functionality

Blockchain Gaming N3TWORK Studios Secures $46M in Series A Funding

Blockchain gaming startup N3TWORK Studios has secured $46 million in Series A funding led by venture capital firm Griffin Gaming Partners. The funds raised will be used to develop two web3 games from the studio, Legendary: Heroes Unchained and Triumph. Investors also include Kleiner Perkins, Galaxy Interactive, KIP, Floodgate, LLL Capital, etc. N3TWORK Studios has … Continue reading Blockchain Gaming N3TWORK Studios Secures $46M in Series A Funding

Chinese-based BSN to Launch First International Expansion in August: CNBC

Chinese state-backed blockchain company Blockchain-based Service Network (BSN) is reportedly to launch an international project within serval months, according to CNBC, citing people with the matter. The project for the expansion will be named” BSN Spartan Network”, which is expected to begin in August, according to a CNBC report, citing Hong Kong-based startup Red Date … Continue reading Chinese-based BSN to Launch First International Expansion in August: CNBC

PCCW, HKT Becomes 1st Hong Kong-based CMT to Join the Metaverse

PCCW and HKT have become the first Hong Kong-based communications, media and technology (CMT) organisations to join the metaverse following a partnership with The Sandbox. The two companies have purchased virtual land in Mega-City – the Hong Kong-inspired neighbourhood in The Sandbox – and they are set to launch the world’s first virtual 5G mobile … Continue reading PCCW, HKT Becomes 1st Hong Kong-based CMT to Join the Metaverse

ETH's Average Fees Hit a 10-Month Low, Does Fear and Stagnancy Engulf the Market?

The hiccups experienced in the entire crypto market might have sparked fear and stagnancy in the Ethereum network based on low fee levels. Market insight provider Santiment explained: “Ethereum continues to show extreme low fee levels, indicating very minimal activity and hints of stagnancy and fear. This hibernation behavior also applies to ETH’s often paired … Continue reading ETH's Average Fees Hit a 10-Month Low, Does Fear and Stagnancy Engulf the Market?

Musk Says SpaceX will Follow Tesla's Lead in Adding DOGE Payments

Tesla CEO Elon Musk tweeted that in the near future his space venture company SpaceX plans to introduce payments with his favourite crypto asset, dogecoin (DOGE). He tweeted: “Tesla merch can be bought with Doge, soon SpaceX merch too” Musk has also previously mentioned that Tesla’s goods will be available for purchase with dogecoin. Historically, Musk’s … Continue reading Musk Says SpaceX will Follow Tesla's Lead in Adding DOGE Payments

Philippine Firm Paytaca Raises PHP7.5 Million to Expand Bitcoin Cash Adoption

Paytaca Inc. hit another major milestone on Saturday when the cryptocurrency company announced that it raised over PHP7.5 million pesos ($USD143,568) in an equity-free pre-seed fund through a decentralized crowdfunding platform. The Philippine-based fintech company said that it raised funds through Flipstarter — a non-custodial crowdfunding platform powered by Bitcoin Cash (BCH). Crowdfunding has become a popular way … Continue reading Philippine Firm Paytaca Raises PHP7.5 Million to Expand Bitcoin Cash Adoption

Bermuda’s Jewel Bank Receives Regulatory Approval to Run as Digital Asset Bank

Jewel Bank announced on Tuesday that it has obtained a full bank license and a digital asset business license from the Bermuda Monetary Authority (BMA). The license acquisition has enabled Jewel Bank to become the first digital asset bank in the island nation. The approval from an integrated regulator of the financial services sector in Bermuda … Continue reading Bermuda’s Jewel Bank Receives Regulatory Approval to Run as Digital Asset Bank

Animoca Brands Releases Key Unaudited Financial Report, Portfolio investments Worth Over $1.5Bn

Hong Kong-based Animoca Brands has released the company’s key unaudited financial and business highlights for the last three months of 2021 and the first four months of 2022. According to the report, the blockchain gaming specialist ended bookings and other income of A$213 million (approximately US$148 million) on December 31, 2021, for three months. While A$827 … Continue reading Animoca Brands Releases Key Unaudited Financial Report, Portfolio investments Worth Over $1.5Bn

Crypto is No Longer Men Club as More Female Entering the Space, Study Shows

Women are no longer excluded from the crypto bandwagon because they are rapidly participating and investing in this sector, according to a co-study by mobile crypto wallet Valora and global market researcher Appinio. “It’s encouraging to see women from around the world joining the crypto community and unlocking new financial opportunities,” Jackie Bona, Valora’s CEO, pointed out. Bona … Continue reading Crypto is No Longer Men Club as More Female Entering the Space, Study Shows

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