Ubisoft is teaming up with Animoca Brands’ The Sandbox to further its web3 efforts. The popular Rabbids series, however, is the driving force behind this. Ubisoft and The Sandbox have teamed together to develop 2,066 unique Rabbids avatars, each with its own abilities and customization options. One NFT will set
February 24, 2023 2 mins read
Earlier today, Coinbase announced the release of Base, it’s very own layer-2 network built on Ethereum. According to the business, millions of new decentralized applications will be able to make use of Base. Since it will serve as an open ecosystem for Coinbase’s on-chain products. Moreover, according to Jesse Pollak,
February 23, 2023 2 mins read
Polygon Labs has reduced its workforce by 20%, citing the need to focus on core competencies across fewer business divisions as the reason for the layoffs. Over one hundred workers were affected; they would be offered three months’ worth of severance as part of the turnaround plan. On the other
February 21, 2023 1 min read
Users who had hoped to benefit from the decentralized finance (DeFi) initiative built on the Arbitrum blockchain lost $2 million. When the Hope Finance Twitter account posted a warning about the fraud on February 21, it was picked up by Web3 security company CertiK. It’s hard to find out any
February 21, 2023 1 min read
Yandex, the most popular search engine in Russia, now offers its users data on more than 140 of the most widely used cryptocurrencies in addition to information on the currencies of dozens of other nations. The newest update to the business’s currency converter now includes cryptocurrency rates, the company said.
February 20, 2023 2 mins read
Cloud mining firm BitFuFu has launched a voucher marketplace for Bitmain’s Antminer-branded rigs. Bitmain is the major provider of cryptocurrency mining hardware. Sales of cryptocurrency mining hardware dropped last year, so Bitmain responded by offering discounts on its Antminers to loyal customers. However, many of them are still sitting idle
February 20, 2023 1 min read
Bitcoin mining company Cleanspark has spent $43.6 million on 20,000 Antminer S19j Pro+ machines. According to the corporation, it was able to save 25% using discount coupons, bringing the final price down to $32.3 million. According to the bitcoin miner, shipping of the mining rigs is scheduled to conclude by
February 18, 2023 1 min read
There is an effort afoot to broaden the scope of Brazil’s recently enacted cryptocurrency regulations. Which were signed into law by departing President Jair Bolsonaro on December 21. Reports from regional media suggest that the Ministry of Finance is drafting a decree. To rectify some of the ambiguities that arose
February 18, 2023 1 min read
As of April 1, 2023, the first consumer pilot of Russia’s central bank digital currency (CBDC) will be introduced by the Bank of Russia. According to Russia’s first deputy governor Olga Skorobogatova, digital ruble transactions involving 13 regional banks and many retailers will be introduced by the Russian central bank.
February 17, 2023 1 min read
KnownOrigin, a marketplace for non-fungible tokens (NFTs) by the e-commerce platform eBay, is launching creator smart contracts for its artists. This is according to a tweet from the company’s official account on February 16. The new contract allows artists to share in profits and royalties as equal partners. According to
February 17, 2023 2 mins read
