Community-Driven NFT Marketplace Launched by ApeCoin DAO
Community-Driven NFT Marketplace Launched by ApeCoin DAO
ApeCoin DAO has unveiled its own white-label non-fungible token (NFT) marketplace. ApeCoin DAO is a community-led governing body made up of ApeCoin holders. The Bored Ape Yacht Club (BAYC)-affiliated APE ecosystem's Ethereum-based governance and utility token, ApeCoin, was introduced in March. The newly launched community marketplace has NFTs for sale from Yuga Labs-owned NFT collections including BAYC, Mutant Ape Yacht Club (MAYC), Bored Ape Kennel Club (BAKC), and Otherdeed for Otherside. It
Kenya Proposes Cryptocurrency Tax Bill
Kenya Proposes Cryptocurrency Tax Bill
Kenyan lawmakers are presently debating whether to proceed with a bill that would allow for the taxation of cryptocurrency, according to Business Daily. The Capital Markets (Amendment) Bill, 2022, will tax cryptocurrency exchanges, digital wallets, and transactions. When crypto investors in Kenya sell or use their cryptocurrency in a transaction, they must pay capital gains tax to the Kenya Revenue Authority. The law would also oblige investors to notify the Capital Markets Authority, the gover
The Rise Of Mobile Gaming Shared A Lot In Common With Crypto Gaming
The Rise Of Mobile Gaming Shared A Lot In Common With Crypto Gaming
There were numerous people who were skeptical of mobile gaming in the early day, but now it accounts for 60% of the market. Similar trends can be seen in crypto games. Mobile gaming has developed into a significant pillar of the interactive entertainment industry during the past ten years. Users from all across the world have gained access to smartphones, which has expanded their world of gaming. The introduction of blockchain technology is currently bringing in a paradigm change by giving play
Binance Will Not Take Place in The Genesis’s “Rescue” Plan
Binance Will Not Take Place in The Genesis’s “Rescue” Plan
Major potential supporter Binance declined to make the investment after cryptocurrency lending firm Genesis suspended client redemptions and stated it would look for a $1 billion emergency funding loan. Due to potential "conflicts of interest" with the Genesis business model, Binance decided to pass the opportunity to invest in the startup. Genesis then reduced its rate and cut its fundraising expectations in half to $500 million. Genesis also approached Apollo Global Management for a financia
Singapore Defends Itself Against Binance Stance Following FTX Collapse
Singapore Defends Itself Against Binance Stance Following FTX Collapse
The Monetary Authority of Singapore (MAS) defended its stance on Binance.com and the collapsed cryptocurrency exchange FTX, following complaints about the unequal treatment of the two companies since the regulator had earlier warned the public about Binance.com. Previously, Binance took actions to show that it has ceased soliciting and offering services to Singapore consumers, such as geo-blocking Singapore IP addresses or removing its app from Singapore app stores. MAS said: “Should Binance d
Is It Possible to Redress Ethereum's Historic Carbon Footprints?
Is It Possible to Redress Ethereum's Historic Carbon Footprints?
Ethereum Climate Platform (ECP) will invest in climate projects that promise and have potential to mitigate Ethereum’s historic emissions.
Sorare No Longer be Classified as Gambling ahead of Fifa World Cup
Sorare No Longer be Classified as Gambling ahead of Fifa World Cup
Sorare is a NFT fantasy sports game. In Sorare, players can control a virtual team, buy, sell, trade and use  digital player cards in the form of Non-Fungible Tokens (NFTs). Sorare raised $680 million in a Series B investment deal in September 2021, which was coordinated by SoftBank's vision fund team. The corporation is currently valued at $4.3 billion. The French startup was in a battle with the French National Gambling Authority (ANJ), which believed that the NFT fantasy game should be class
Disney Brings Back Bob Iger As CEO: Here's The Crypto Connection
Disney Brings Back Bob Iger As CEO: Here's The Crypto Connection
Since leaving The Walt Disney Company, Bob Iger has served as a board member and advisor for Genies, a platform for creating digital avatars. Bob Iger, a supporter of the metaverse, has unexpectedly announced his return to his previous position as CEO of Disney, taking over from now- Bob Chapek, a former CEO. Iger is best known for his 15 years as the CEO of the global entertainment company, but the Disney executive also gained notoriety in the cryptocurrency world after joining the board of di
India's Cryptocurrency Market Is Not Feasible, Says CZ
India's Cryptocurrency Market Is Not Feasible, Says CZ
Over the past two years, venture capital firms specializing in cryptocurrencies have flocked to India, but according to Binance CEO Changpeng Zhao, the cryptocurrency exchange does not consider India as a promising market for expansion. Zhao was cited as stating, "To be honest, I don't think India is a particularly crypto-friendly climate." Zhao is not the only one with such a pessimistic outlook on the Indian market, claims TechCrunch. Zhao's statement is noteworthy because, despite dozens of
Adidas Released Virtual Gear NFT Collection
Adidas Released Virtual Gear NFT Collection
adidas - Europe's largest sportswear manufacturer officially introduced its digital wearables - Virtual Gear Genesis collection.
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