Day: September 23, 2023

Phantom Galaxies Set to Launch on Steam & Epic Games

  Blowfish Studios, affiliated with web3 giant Animoca Brands, announced the early access launch of Phantom Galaxies on 2 November 2023. Available on both the Epic Games Store and Steam, this space opera focuses on mecha gameplay. It will be free-to-play on its official website and the Epic Games Store, featuring web3 capabilities. However, Steam’s […]

Exploring Financial Frontiers: Federal Reserve Examines Asset Tokenization and RWA

  The Federal Reserve has unveiled a detailed working paper focusing on asset tokenization and Risk-Weighted Assets (RWA). This exploration into innovative financial instruments is crucial as they hold transformative potential for investment strategies and conventional markets. The paper elucidates that tokenization, much like stablecoins, involves five essential components: a blockchain, a reference asset, a […]

The United States Is Grappling With An Unprecedented Debt Crisis

The United States is grappling with an unprecedented debt crisis, with national debt reaching a staggering $33 trillion, marking a historical high. This comes amid rising interest rates, adding more strain to the nation’s economy. The US government has been accruing approximately $1 trillion in debt monthly since the debt ceiling crisis, highlighting the escalating […]

OpenSea Recently Experienced A Security Breach

OpenSea, a leading NFT marketplace, recently experienced a security breach, impacting developers on the platform. This breach was brought to light by a user, MatrixXBT, who shared an official email from OpenSea on Twitter, warning users about the incident. OpenSea’s Security Compromise This breach follows a recent security compromise involving blockchain analytics platform, Nansen. The […]