Mon, October 5

Ava Labs to Launch First Web3 Game, Partners With BLRD

BLRD’s latest cooperation will help them expand into the blockchain gaming market. Avalanche will provide BLRD with assistance in multiple areas. On Thursday, October 27th, Ava Labs and BLRD, a subsidiary of the Japanese gaming business, revealed their strategic alliance and their intention to release the first Web3 game in

October 28, 2022 1 min read

$2500 Fine For Misleading Information Being Reinstated by PayPal?

On November 3rd, the new restricted-expression policy will go into effect. It has the ability to initiate automatic withdrawals from users. Rumor on social media platforms is that PayPal has reinstated its $2,500 fine for each time the business determines a user has posted false information. The financial services behemoth

October 28, 2022 2 mins read

Hong Kong Turns to Legalize Retail Crypto Trading

Hong Kong is turning toward a friendlier regulatory framework for cryptocurrencies with a plan to authorize retail trading. Retail trading will be permitted via a planned required licensing program for cryptocurrency platforms, which is expected to go into effect in March upcoming year. The plans come despite the city’s skepticism

October 28, 2022 1 min read

Binance Announces Launch of Web3 Oracle Network

More than 10 BNB Chain projects have implemented smart contract integration. Binance Oracle will facilitate the use of inputs and outputs from the real world in smart contracts. Binance, the largest cryptocurrency exchange platform, revealed a decentralized Web3 oracle on October 26. In this capacity, the Binance Oracle will operate

October 28, 2022 2 mins read

Court Orders Meta (Facebook) To Pay Fine of $24.66M

The social media giant must pay $24,660,000 to settle 822 breaches. Meta has consistently raised objections to the regulations. Lately, the technology conglomerate Meta has become a hot topic of conversation. The corporation announced its earnings recently. The company’s bottom line took a serious blow due to investments in the

October 28, 2022 1 min read

Q9 Capital Granted Virtual Asset License by Dubai’s Regulator

The firm has filed for a complete operating license and has made public its plans. There are now Q9 branches in Hong Kong, London, and Limassol. Q9 Capital, a cryptocurrency investment platform based in Hong Kong, has been granted temporary virtual asset permission by the Virtual Asset Regulatory Authority of

October 27, 2022 2 mins read

Bitcoin Mining Firm Core Scientific Likely to File For Bankruptcy

Nasdaq-traded shares of the company dropped by 70% immediately after the news broke. The miner said Celsius’s refusal to pay was costing it almost $53,000 per day. Core Scientific, one of the largest Bitcoin miners in the world, has warned that it may have to file for bankruptcy due to

October 27, 2022 1 min read

Google Launches Blockchain Node Engine For Web3 Developers

Google has introduced a new engine as a resource for Web3 programmers.  It will facilitate the creation and distribution of products using blockchain-based systems. Cloud’s Blockchain Node Engine, a new product from Google, was recently announced on one of the company’s official blogs. Blockchain technology is being used by corporations

October 27, 2022 2 mins read

Credit Suisse Plans Laying Off 9000 Personnel Post $4.09B Loss

Credit Suisse reported a net loss of 4.034 billion Swiss francs [$4.09 billion] for Q3. By 2025, the bank hopes to have reduced its cost base by 15 percent. Credit Suisse, a Swiss investment bank and provider of financial services, made headlines at the start of the month due to

October 27, 2022 1 min read

myNFT Will Exhibit the First-ever NFT Vending Machine in Europe at NFT.London

The NFT.London conference, which runs from November 2–4, will include the first-ever real NFT vending machine in Europe, according to myNFT, the low-cost, multichain NFT marketplace that’s making non-fungible tokens accessible to everyone. Their actual NFT vending machine makes it easy for anybody to buy an NFT in a matter

October 27, 2022 4 mins read