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Australian stock exchange blockchain blunder reality check
Brokers and people directly involved in an abandoned blockchain project believe the failure had shaken trust in the Australian stock exchange operator. Read more…
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The crypto collapse should be no surprise to anyone
The collapse of FTX and crypto in general should be no surprise to anyone who has paid attention – the sector has shown signs of uncertainty and risk for years. Read more…
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Ethereum Merge leaves miners stuck with $10b of useless gear
Crypto miners rendered homeless by the Ethereum ‘Merge’ find themselves saddled with around $10 billion of equipment now looking for something to do. Read more…
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Ethereum is now way more power-efficient after Merge upgrade
The Ethereum blockchain has undergone a major software upgrade called “Merge”, drastically reducing its energy usage by 99.95%. Read more…
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South Korea seeks to arrest Luna/Terra developer Do Kwon
A South Korean court has issued an arrest warrant for Do Kwon, the primary developer of failed cryptocurrencies Luna and TerraUSD. Read more…
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NFTs have a future in the metaverse, but it’s still risky
NFTs transactions will keep rising in number over the next five years. But the market remains a risky proposition for anyone who wants to play. Read more…
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IFC bets on blockchain to kickstart carbon offset trades
World Bank’s IFC partners with Aspiration, Chia Network and Cultivo to launch the Carbon Opportunities Fund, which will provide carbon offsets on blockchain. Read more…
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Tencent puts the brakes on its NFT platform
Tencent-owned NFT platform Huanhe will no longer release digital collectibles to the public as regulatory scrutiny of NFTs mounts in China. Read more…
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Crypto and blockchain investment questions require complex answers
People want simple answers when they ask about investing in decentralization, Web3, blockchain and crypto. But simple answers are dangerous. Read more…
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Meta0 wants to make blockchain games easier to develop
The former head of TikTok’s gaming unit, Jason Fung, is launching a blockchain gaming startup as the buzz around blockchain games grows. Read more…
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The NFT party isn’t over, but it may be moving to a new venue
The NFT market was the star of 2021. Six months into 2022, it’s looking ugly. But true believers think NFTs have a future somewhere. Read more…
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How a Web3 bubble bust could potentially tank the global economy
VCs are throwing money at Web3, but some fear the crypto aspect is creating the conditions for another Great Recession when the bubble bursts. Read more…
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Vietnam’s legal entity for blockchain to boost digital economy
Vietnam Blockchain Association operates the country’s first legal entity to represent those engaging in blockchain technology. Read more…
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Blockchain needs ‘MP3’ moment to realize digital securities potential
Blockchain needs its own ‘MP3’ moment as fragmented regs and tech hamper development of a digital securities industry: industry officials. Read more…
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Shanghai residents use NFTs to chronicle lockdown and dodge censors
Shanghai residents are turning to NFTs to preserve memories of the city’s COVID-19 lockdown and ensure they can be shared and avoid deletion. Read more…
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Yuga Labs raises $285m in ApeCoin to build its own Bored Ape metaverse
Yuga Labs, the company behind the “Bored Ape” NFTs, sells tokens which represent land in its “Otherside” metaverse. Read more…
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Paper still dominates ID, KYC and AML processes – why?
You would think ID, KYC and AML processes are mostly digital now, but they’re still locked in a paper-based mindset. The reason is complex. Read more…
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Meta is testing tools to sell digital assets inside Horizon Worlds
Meta has begun test tools for selling digital assets and experiences within Horizon Worlds, a key part of its plan for creating a metaverse. Read more…
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Sky Mavis raises $150m to reimburse Axie users for Ronin heist
Axie Infinity creator Sky Mavis raised $150 million in funding led by Binance to reimburse lost user funds from the Ronin validators heist. Read more…
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NFTs are losing their fizz, but they’re still the future of … something
The NFT bubble isn’t popping, but it is showing signs of slowing down. However, no one’s giving up on them just yet, because ‘metaverse!’. Read more…