Flipverse shopping will be available until October 23rd. Flipkart’s metaverse-based shopping would support 15 brands. Flipkart, one of the largest e-commerce firms in India, has partnered with decentralized music and entertainment company eDAO to launch the “Flipverse”, a metaverse-based shopping platform. Customers will be able to make purchases using their
Blockchain industry has now shifted to renewable energy usage with major consensus changes. BNB Chain and others are also updating their technology to reduce emissions. The BNB Chain Investment Director, Gwendolyn Regina’s disquisition on “Blockchain Consensus Mechanisms and Their Role in Sustainable Blockchain Development”, has opened up the web3 initiatives
The company has received inquiries from the SEC, CFTC and FTC. A federal grand jury subpoena was issued to the firm. US federal investigations are being conducted into the bankrupt cryptocurrency lender Celsius Network as per the Bloomberg report. According to a document submitted by attorneys for Celsius’ committee of
A16z disagrees with the founder’s plan to split MakerDAO. Almost 90% of voters support the establishment of MetaDAOs. The top venture capital firm, Andreessen Horowitz known as a16z disagrees with the founder’s plan to split MakerDAO, one of the most prominent decentralized finance (DeFi) protocols in cryptocurrency, into smaller entities.
The fund’s initial group of investors was announced in April and this is the second. Ripple is still allocating all $250 million, despite the continuing bear market. Ripple has revealed the next round of grantees of its $250 million Creator Fund. The one which is dedicated to support the growth
The EU decided against a prohibition on proof-of-work crypto mining in March 2022. Some market players will be required to disclose their impact on the environment. EU officials have said that they want to create a standard for rating blockchains’ efficiency in terms of energy consumption. The environmental labelling system
Utrust, a top multi-chain payment system, recently announced its integration with Polygon. Polygon has also partnered with SuperLayer, a prominent Web3 venture company. The price of cryptocurrency Polygon is increasing exponentially as market circumstances improve. In the last day, the value of $MATIC has increased by an astounding 8%. The
Rules imposed on the market would have to be included in the international framework. She also noted that many distinct parties were vying for the same market. It has been reported that Mairead McGuinness, the EU’s financial services commissioner, has issued a warning concerning digital assets, citing danger to financial
Texas authorities are probing into FTX Trading, FTX US, and the company’s leadership. The court has not yet approved the asset acquisition deal. On Tuesday, 50,000 ETH was sent from FTX, a cryptocurrency exchange, to the primary wallet of Voyager Digital, a cryptocurrency lender. Last month, the cryptocurrency exchange purchased
Cross-chain crypto launchpad Uplift DAO offering funding for innovative initiatives via crowdsourcing has announced an integration with MoonPay, the leading web3 infrastructure company. With this collaboration, customers will have an easier time putting money into innovative web3 projects using more conventional payment methods. Through their collaboration, Uplift and MoonPay are removing a
