Metaverse Giant Roblox Has Signaled Plans To Enter Web3
Metaverse Giant Roblox Has Signaled Plans To Enter Web3
Roblox, one of the most popular online gaming platforms, which boasts millions of active users, is looking to incorporate blockchain technology into its digital environment. Following a Q3 earnings miss, the electronic gaming company recently revealed plans to do so.   Despite the lack of information, the business declared that it would introduce "limited products" on its platform that resemble non-fungible tokens (NFTs). These products will be available for purchase in the Roblox markets and m
Nike Will Launch Its Own Platform For Web3 Wearables
Nike Will Launch Its Own Platform For Web3 Wearables
Nike is already one of the most successful companies in web3. It is now promoting virtual shoes and other things on its own platform. .Swoosh (pronounced "dot swoosh"), which is currently in development but is set to unveil its first digital collection next year, will allow Nike fans to collect and even co-create virtual things with the corporation. According to a business release, members of the community will be able to wear the products in digital games and immersive experiences "soon." "W
FIFA Launches Web 3.0 New Games Before The World Cup
FIFA Launches Web 3.0 New Games Before The World Cup
FIFA, the soccer governing body, has been looking into new Web 3.0 platforms to engage with fans as the 2022 World Cup is set to start in Qatar in a few days.
GameFi Project Oasys Aims To Grow Blockchain Gaming In Japan Through YGG Partnership
GameFi Project Oasys Aims To Grow Blockchain Gaming In Japan Through YGG Partnership
GameFi Project Oasys Aims To Grow Blockchain Gaming In Japan Through YGG Partnership
Dogecoin Foundation Received 20M $DOGE From Vitalik Buterin
Dogecoin Foundation Received 20M $DOGE From Vitalik Buterin
In the middle of crypto drama series and market fluctuation, Vitalik made a donation worth more than 1.7M dollars to Dogecoin Foundation.
Binance Launches a Recovery Fund for Crypto Projects Struggling with Liquidity
Binance Launches a Recovery Fund for Crypto Projects Struggling with Liquidity
Justin Sun, the founder of Tron, stated that Tron, Huobi Global, and Poloniex will back Binance in their endeavor. Binance CEO Changpeng "CZ" Zhao has announced the establishment of an industry recovery fund to aid in the rebuilding of the industry. CZ stated that further information would be released in the following days and that the fund is accessible to industry co-investors. Justin Sun, the founder of Tron, stated that Tron, Huobi Global, and Poloniex will back Binance in their endeavor.
Gate.Io, Crypto.Com and Houbi Under Criticism for Unclear Transactions in Assets Snapshots
Gate.Io, Crypto.Com and Houbi Under Criticism for Unclear Transactions in Assets Snapshots
Facing the growing mistrust among crypto investors after the FTX collapse, crypto exchanges unanimously agreed to disclose proof of reserve with the public as a way to demonstrate legitimacy However, certain anomalies discovered during on-chain investigations point to fraud and market manipulation. Investigators discovered that 320,000 Ether was sent to Gate.io on October 21, 2022, just two days after Crypto.com made the details of their cold storage information available. The Twitter community
Aptos and Google Cloud Announce Partnership and Plan for Accelerator Program
Aptos and Google Cloud Announce Partnership and Plan for Accelerator Program
The cryptocurrency firm Aptos has revealed that it will collaborate with Google Cloud. According to Mo Shaikh, co-founder and CEO of the startup, this time the collaboration between the two organizations is “aimed at moving the Web3 movement forward with community and strong tech at the heart”. In a panel discussion at Token2049 in London, Shaikh provided details of the partnership alongside Simon Baksys, the go-to-market and business development lead for Google's web3 division. "I think the f
Sam Informs Investors FTX Requires $8B In Emergency Funding
Sam Informs Investors FTX Requires $8B In Emergency Funding
Sam Bankman-Fried has reportedly asked investors for $8 billion in emergency funding to cover a shortfall caused by the flood of withdrawal requests to his crypto exchange in recent days. The CEO reportedly made the request to investors in a Nov. 9 call where he discussed ways to help solve FTX's financial problems, the Wall Street Journal (WSJ) reported. According to the source, Bankman-Fried wants to raise $3 billion to $4 billion in equity, and the exchange could raise additional debt to ma
Bitcoin Up By 10% As US CPI Increased Less Quickly Than Anticipated In October
Bitcoin Up By 10% As US CPI Increased Less Quickly Than Anticipated In October
The consumer price index (CPI) increased by 0.4% in October, much less than the 0.6% consensus estimate, according to data released on Thursday by the U.S. Labor Department. In contrast to expectations for 8% and down from 8.2% in September, the annual pace slowed to just 7.7%. Due to the FTX meltdown, Bitcoin (BTC), which dropped to a new two-year low of $15,554 on Wednesday, quickly gained $1,500, or roughly 10%, in the minutes following the report. Its price at the time of publication is $17
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