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” Blockchain tech still far from hitting the esport big leagues, says investor “ Small esports tournament organizers have started dabbling in blockchain tech to host tournaments and distribute prize pools. However, don’t expect to see it in the big leagues just yet, says an investor. Esports, or electronic sports, is a form of organized…
” Binance upgrades proof-of-reserves verification to include zk-SNARKs “ On Feb 10, cryptocurrency exchange Binance announced a major upgrade to its proof-of-reserves verification system, saying it would now incorporate zk-SNARKs — a cutting-edge technology Binance reports will allow it to verify its reserves in a more secure, transparent manner. 3. Product and Service. Plus transparency. The…
” Coincover secures $30 million in funding to strengthen digital asset security “ London-based digital asset protection firm, Coincover, has secured $30 million in a funding round led by Foundation Capital, with a follow-on investment from CMT digital. According to Coincover’s announcement, the funds will be used to scale its operations, drive recruitment, develop new…
” Hermès wins case against Mason Rothschild’s Metabirkins “ On Feb 8, a jury trial in the Southern District of New York reached a verdict in Hermès’ lawsuit against MetaBirkins. The court ruled that artist Mason Rothschild had violated the trademark protections of the brand Hermès. Rothschild’s 100 “Metabirkins” NFTs were found to not be…
” Fujitsu launches Web3 acceleration platform for startups and partner companies “ The Japanese-based multinational tech company Fujitsu has announced the launch of a new platform designed to support Web3 developers worldwide. According to a report by the Fintech Times, Fujitsu’s Web3 Acceleration Platform seeks to provide a development environment, blockchain-based service APIs, high-computing technologies,…
” Saudi Arabia partners with The Sandbox for future metaverse plans “ Initiatives toward metaverse development continue to be a significant focus and key interest in the Middle East, as the Leap conference in Riyadh, Saudi Arabia highlights key topics in the industry. On Feb. 7, a partnership ceremony was held at the conference, which…
” Binance to support users in Turkey’s earthquake region with $100 airdrops in BNB tokens “ The devastating earthquake that hit Turkey on Feb 6 has left a trail of destruction in its wake, affecting numerous communities and individuals. In response to the tragedy, cryptocurrency exchangeBinance has announced that it will airdrop $100 USD worth…
” The Web3 community responds to Turkish-Syrian earthquake tragedy “ A massive earthquake hit southeastern Turkey along the border with Syria on Feb. 6, which has so far caused the death of more than 5,000 people. The quake had a magnitude of 7.8 on the Richter scale, which is internationally categorized as a “major” earthquake,…
” Digital bank Revolut launches crypto staking for UK and EEA customers: Report “ United Kingdom-based neo-banking platform Revolut, which boasts 25 million customers globally, has introduced crypto staking to its U.K. and European Economic Area (EEA) customers. According to a report by London-based news agency altfi, the staking feature is expected to go live…
” Bitcoin dominates as primary focus for digital asset investors: Report “ On Feb. 6, European cryptocurrency investment firm CoinShares published its “Digital Asset Fund Flows Report,” which revealed that investors are showing a strong interest in digital asset investment products, with inflows totaling $76 million last week, marking the fourth consecutive week of inflows….