Godfrey Benjamin

Final Fantasy publisher Square Enix has teamed up with blockchain gaming platform Oasys ahead of its launch later in the year. With the partnership, Square Enix will join Oasys as the last of its 21 initial node validators on its platform as it continues to shape the blockchain gaming subsector while improving user experience. Other […]

The biggest cryptocurrency exchange in the world, Binance has introduced its “Daily Cashback feature” which will allow users to get a refund of their cash back deposited into their card wallet.  According to the announcement on the exchange’s Twitter account, users can spend any cryptocurrency of their choice and get up to 8% cash back […]

Ethereum (ETH) Co-founder and programmer Vitalik Buterin surprised most of his ETH fans when he showed up at Kyiv, Ukraine for the Tech Summit. Markedly, this is Buterin’s first visit to the war-ladened country as he was born in Russia. Based on information received from the organizers of the summit, Vitalik Buterin’s attendance was kept […]

Acceptance and adoption of non-fungible tokens (NFT) have been on the rise lately. Research has shown that many industries are fast adopting the metaverse ecosystem and exploring its offerings to better serve their clients. NFTs which are uniquely designed cryptographic assets can confer ownership of a piece of virtual art, music, or even a real […]

United States investment bank JPMorgan which prides itself in being the first bank in the metaverse with the launch of a virtual lounge, is looking to expand its reach in the crypto ecosystem.  The Wall Street megabank intends to hire someone to push institutional payments products onto new crypto, Web3.0, and metaverse clients. The new […]

Despite the dip in the price of Bitcoin, Business intelligence giant MicroStrategy Inc. has continued its acquisition of the digital currency. According to a recent Form 8-K filing with the Securities and Exchange Commission (SEC), Microstrategy has entered an agreement with Cowen and Company and BTIG. As per the agreement, the NASDAQ-listed company will sell […]

Cryptocurrency influencer Cooper Turley launched a Web3.0 music fund ‘Coop Records Fund I’ which has generated $10 million in the capital in a strategic round. Interestingly, the fund will usher in a new era of investing directly in music artists through cryptocurrencies, especially non-fungible tokens (NFTs).  25-year-old Cooper Turley is a diehard player in the […]

Sportswear brand giant PUMA has revealed its newly released Metaverse space which includes a non-fungible token (NFT) collection depicting its sneakers. The metaverse experience tagged ‘Black Station’ was made public at the New York Fashion Week which began on September 9 as part of its ‘FUTROGRADE’ collection.  Notably, these NFTs possess a unique feature in […]

San Francisco-based venture capital company MetaWeb has secured $30 million in its first funding round focused on early startups.  According to the announcement, the fund tagged Fund I will be invested in decentralized finance (DeFi), decentralized social media, decentralized autonomous organizations (DAOs) as well as gaming. Specifically stated in a tweet made by the venture […]

In a Friday announcement, authorities in China began a campaign against online piracy copyright violations as they noticed an increase in unauthorized use of digital work. Through a new initiative dubbed “Jianwang 2022,” the Chinese government will fight against online misuse of intellectual property with a focus on non-fungible tokens (NFTs). Jianwang 2022 is the […]

Leading crypto exchange platform Huobi is not relenting as it moves to widen its base. In an announcement on Friday, the digital service provider said it had widened its reach to the British Virgin Island(BVI), a British Overseas Territory. The approval coming from the Financial Services Commission(FSC) of the BVI will enable Huobi to operate […]

New York-based blockchain analysis firm Chainalysis announced that it has been able to recover about $30 million from all of the funds siphoned from Axie Infinity’s Ronin Network  A large percentage of the stolen funds from this DeFi protocol trend is suspected to be linked with North Korean hackers like Lazarus Group which was discovered […]

The Securities and Exchange Commission (SEC) is ready to get more serious in the cryptocurrency industry and enforce necessary regulations to oversee the activities of the digital assets ecosystem. During a legal conference on Thursday in Washington, it was revealed that the SEC plans to open a new office for cryptocurrency filings alone.  According to […]

Leading blockchain gaming platform Animoca Brands has announced the conclusion of a strategic funding round for $110 million which is equivalent to A$159 million.  The majority of the funds were from a collection of convertible note investments issued to a small number of institutional investors at a conversion price of A$4.50. The convertible note round […]

A sect of investors and crypto engineers have joined forces together to press charges against the United States Department of Treasury over the sanction issued to cryptocurrency mixer, Tornado Cash.  Their argument was that the Treasury department overstepped the limit of its authority in trying to blacklist the crypto mixer and in turn preventing the […]

Blockchain startup Mysten Labs have announced the completion of its series B round with several industry heavyweights participating. The firm raised $300 million in the round led by Sam Bankman-Fried’s FTX Ventures bringing the young startup’s valuation to $2 billion after the round. The Series B round had contributions from other investors including Binance Labs, […]

Ethereum-layer 2 scaling platform Polygon is planning to go on a recruitment spree as it looks to capitalize on the woes of other crypto firms that have reduced headcount. According to a Bloomberg report, the platform intends to add about 200 employees to its current team. This represents 40% of its current headcount. Polygon capitalizes […]

Sorare announced its multi-year partnership with National Basketball Association (NBA) and National Basketball Players Association (NBPA) as it expands to the United States. Markedly, this is the third of such deals that Sorare has secured in the United States. This deal shows Fantasy sports non-fungible tokens (NFTs) games are gradually gaining more popularity and attracting […]

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