Day: September 21, 2023

Farmville Co-Creator’s Company, Proof of Play, Secures $33M for Web3 Games Development

Proof of Play, spearheaded by Farmville co-creator Amitt Mahajan, has successfully raised $33 million to develop Web3 games, as announced on September 21. Mahajan serves as the CEO of the company, with Twitch co-founder Emmett Shear contributing as a board member. Investment Details and Participants The investment round witnessed participation from notable figures and was […]

Busan Aims to Become a Blockchain City with a $75 Million Development Plan

  South Korea’s Busan, the country’s second-largest city, is embarking on an ambitious journey to transform itself into a blockchain city. The city administration has unveiled a $75-million development plan to create a public blockchain network that will be compatible with major blockchain platforms like Ethereum and Cosmos. Integrating Blockchain Services on a Single Platform […]

eToro Gains CySEC Approval to Register as a Crypto Asset Service Provider in Europe

  The Cyprus Securities and Exchange Commission (CySEC) has granted approval to eToro, a crypto-friendly trading and investment platform, to register as a Crypto Asset Service Provider (CASP) in Europe. This approval is a significant milestone for eToro, positioning it to extend regulated crypto services across the European Union (EU) following the establishment of the […]

Uniswap Introduces Educational Platform in Partnership with DoDAO

On September 21, Uniswap, a prominent decentralized exchange (DEX), unveiled an innovative educational platform, Uniswap University, in collaboration with Do Decentralized Autonomous Organization (DoDAO), a blockchain education-centric entity. This initiative mirrors the learning academies established by centralized exchanges like Binance, Bitget, and Bybit, aiming to provide structured learning pathways for users. Structured Learning for Enhanced […]

Ernest & Young Blockchain Lead Advocates for Public Networks Over Private Chains

  Paul Brody, Blockchain Lead at Ernst & Young, one of the foremost global auditing firms, has expressed his belief in the superiority of public networks, particularly Ethereum, over private blockchains. Brody shared his insights during the Real World Asset Summit, where he emphasized the potential inefficiencies of big banks exploring private chains like R3 […]

Pokemons NFT Matic Debut

Courtyard’s development of NFT cards featuring the iconic anime Pokémon has made a groundbreaking debut on Polygon (MATIC), witnessing an instantaneous sell-out and causing a significant surge in the floor price within the initial hours of the digital collectibles sale. The Pokémon NFTs, launched in two phases on the Polygon (MATIC) blockchain, saw all 175 […]

Law Firm to Reward Staff With New $LAW Token Incentive

In a pioneering move within the legal sectors reward structure. International law firm Taylor Wessing has introduced an innovative employee incentive scheme. Allowing employees to earn crypto tokens, termed as LAW Tokens, for their exceptional contributions to the firm. The initiative leverages distributed ledger technology to administer micro-incentives to the firm’s lawyers, aiming to bolster […]

Tether in $427 (US) Nvidia GPU Chip Buy-up with AI Partnerships

Stablecoin giant Tether is expanding its horizons by delving into the realm of artificial intelligence (AI), a move facilitated through a subsidiary, Damoon Designated Activity, co-owned with bitcoin miner and data cloud provider, Northern Data Group (NB2). The subsidiary, Damoon Designated Activity, witnessed Frankfurt-based Northern Data acquiring a controlling stake in July. Subsequently, an investment […]