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” UAE Ministry of Economy opens up new headquarters in the Metaverse “ The United Arab Emirates (UAE) Ministry of Economy has announced a new headquarters located where anyone in the world can visit — the Metaverse. According to Gulf News, the announcement was made on Sept. 28 by UAE Minister of Economy Abdulla bin Touq…
” GameStop doubles down on crypto amid a new partnership with FTX US “ Gaming retailer GameStop is partnering with United States crypto exchange FTX US to bring more customers to crypto and work together on online marketing initiatives. In a Sept. 7 statement, the gaming retailer noted that the new partnership will introduce GameStop’s…
” Think tank launches ‘technical sandbox’ exploring United States CBDCs “ A United States think tank has launched a “technical sandbox” aimed at advancing the exploration of a potential United States central bank digital currency (CBDC). In a Wednesday Tweet from Digital Dollar Project (DDP), the organization said the new program would explore “technical and…
” ZED RUN founder envisions user narrative-driven Metaverse “ Chris Laurent, the founder of the popular-digital horse racing game ZED RUN, envisions a future where people will spend their free time developing their own unique narratives within the Metaverse. This virtual world will contain a mix of gaming, entertainment, and social experiences underneath an overarching…
“# MGA Entertainment and Ioconic launch L.O.L. Surprise NFT platform in 20,000 retail stores worldwide ” Toy company MGA entertainment announced Tuesday that the first NFT-based cards for the L.O.L. Surprise trading card game are now available for purchase. The company entered into a partnership with digital asset consultancy firm Ioconic in September, and now hopes that the…
“# KuCoin Labs Launches $100 Million Venture Capital Fund To Empower Early-Stage Metaverse Projects ” KuCoin Labs, the company behind the world’s sixth-largest cryptocurrency exchange by trading volume with more than 500 crypto assets listed, announced on Wednesday that it would be launching a $100 million metaverse fund for early-stage projects. The money is also…
“# Polygon launches a zk-STARK scaling solution for DApp deployment ” Polygon, a layer two scaling solution for Ethereum compatible blockchains, stated in a press release provided to Cointelegraph that it has launched its zk-STARK powered Miden Virtual Machine for the development of decentralized applications, also known as DApps. 1/7 We are proud to reveal…
“# Royal House of Savoy NFTs to debut on the 150th anniversary of the Unification of Italy ” Multimedia film director and artist Yi Zhou is set to mint the first-ever royal nonfungible tokens, or NFTs, based on the story of Italy’s House of Savoy. The digital works are made in collaboration with the House…
“# Liquid staking protocol pSTAKE raises $10M from notable cryptocurrency venture capital firms and angel investors ” On Tuesday, pSTAKE, a liquid staking protocol from decentralized finance (DeFi) platform Persistence, announced in a statement provided to Cointelegraph that it had closed a $10 million strategic funding round from venture capital firms. Tendermint, the core developer…
“# Crypto miner Hut 8 surpassed 5K Bitcoin held in reserves ” In its third-quarter earnings release, Canadian cryptocurrency miner Hut8 announced that it surpassed the goal set earlier this year of holding 5,000 Bitcoins (BTC) in reserves through mining. Its Bitcoin balance now amounts to 5,053, for a total market value of $430 million. During the…