The Reserve Bank of India (RBI) stated on Tuesday that it would begin testing its retail central bank digital currency (CBDC), the digital rupee, in Mumbai, New Delhi, Bengaluru, and Bhubaneswar with the first cooperation of four banks: State Bank of India, ICICI Bank, Yes Bank, and IDFC First Bank.
The global cryptocurrency market tumbled due to the FTX fallout but still, more exciting upgrades and events are happening in the web3 space, particularly in the game industry. Aeria, a well-known top-notch mobile games developer, is collaborating with Ready Games to shift its most popular games to web3. Result of
Glip, a company based in India that offers a global web3 game discovery and wallet app, raised $2.5 million in a round-headed by Hashed Emergent and included participation from Beenext and existing investor Prime Venture Partners. Axie Infinity, League of Kingdoms, and KOF Arena from Netmarble are just a few
Partnerships are the backbone of any successful company particularly if long-term success is to be guaranteed. With that in mind, Over the Reality (OVER) recently collaborated with Decentraland (MANA), which resulted in its participation in one of the largest cross-metaverse events ever, namely Decentraland’s Metaverse Music Festival 2022. OVER’s objective
This year, the cryptocurrency markets went through a lot of turmoil, which affected the value of the tokens. Also, prominent crypto platforms faced several investigations by the Securities and Exchange Commission (SEC). As BlockFi is one of the biggest creditors to the US SEC. After a string of failures in
The crypto market facing a bearish market for the past few weeks the global market cap is falling from trillions to billions. The present global market trading with $836.43B and it has increased to 2.03% from 24 hours. These are the top 5 gainers from 24 hours. Fantom (FTM) Fantom
Sony, a Japanese electronics titan, is making a new gamble in the Metaverse with its newest product. Sony has introduced a new line of wearable motion trackers that can be used in conjunction with smartphones to access the Metaverse. These movement sensors are compatible with both Android and iOS devices.
Kraken, a cryptocurrency exchange based in the United States, has just resolved with the United States Department of Treasury’s Office of Foreign Assets Control (OFAC) for alleged breaches of sanctions against Iran. The settlement is for $362,158.70. The agency stated: “Due to Kraken’s failure to timely implement appropriate geolocation tools,
According to reports, a huge number of employees at Candy Digital, a sports and entertainment NFT firm that was created in 2021 and grew to a value of $1.5 billion the same year, were let go today. Sportico was the first to break the story. That Candy had fired more
Fidelity Investments has reportedly launched crypto trading accounts for consumers, after the introduction of a waiting list earlier this month. Even if the FTX fall has coincided with widespread uncertainty, the Fidelity development may be an indication of stability. An email sent out to users today began with the phrase
