Sun, October 4

Sports Brand Puma Forays into Metaverse and NFTs

NitroPasses may be “minted” for NFTs that are tied to real-world items. Puma’s biggest rival, Nike, has made about $185 million off its NFTs goods. One of the most popular sports brands in the world, Puma, introduced its first metaverse experience, “Black Station,” on September 7 at New York Fashion

September 12, 2022 1 min read

Singapore’s Whampoa Group Unveils $100M Crypto Venture Fund

Whampoa Group, Singaporean asset management, is planning to launch both a venture capital fund and a crypto hedge fund dedicated to digital asset investments. The corporation plans to invest $100 million based on preliminary estimates. The organization wants to raise $50 million for the cryptocurrency hedge fund and has allocated

September 12, 2022 2 mins read

Recent White House Report Scrutinizes Crypto Mining Concerns

It revealed conflicting results about the link between crypto and the environment. The department advised that the administration might outlaw proof of work. Distributed ledger technology (DLT) and global warming have been the subject of a new report from the White House’s Office of Science and Technology Policy (OSTP). The

September 11, 2022 2 mins read

GoDaddy Being Sued by Ethereum Name Service (ENS) Team

Manifold Finance revealed that it has acquired the domain name eth.link. The primary developer at ENS, Nick.eth, questioned the legitimacy of the transaction. A lawsuit was launched against GoDaddy, Dynadot, and Manifold Finance on Monday by Ethereum Name Service (ENS), the business behind .eth domain name. The lawsuit was launched

September 11, 2022 2 mins read

Google Cloud To Run a Validator Node on Ronin Network

The collaboration will be assisted by Searce, a provider of cloud-based services. Google Cloud is joining the ranks as the 18th validator. Web3 firm Axie Infinity, founded by Sky Mavis, has enlisted the aid of one of the major Web2 IT companies in an effort to further decentralize the Ronin

September 11, 2022 2 mins read

Economic Secretary Wants the UK To Become a Crypto Hub

Fuller replaced John Glen as Economic Secretary to the Treasury in July. Fuller participated in the first crypto discussion in Westminster this week. Economic Secretary to the Treasury Richard Fuller has said that the United Kingdom intends to “become the country of choice for those looking to create, innovate and

September 11, 2022 2 mins read

Mining Firm CleanSpark Acquires Mining Facility in Georgia

The current capacity of the Georgia facility is for 24,108 miners. The mining firm also acquired 1,800 Antminer S19 XP machines in June. CleanSpark, a cryptocurrency mining company, stated on Friday that they have reached a deal to purchase the Bitcoin mining facility operated by Mawson in Sandersville, Georgia for

September 11, 2022 1 min read

SEC Announces New Offices To Review Crypto Filings

SEC’s Division of Corporation Finance’s Disclosure Review Program will oversee offices. As per SEC, it has decided to assign firms and filings to a single office. On Friday, the United States Securities and Exchange Commission (SEC) said that it will be opening two more offices to handle crypto filings. The

September 11, 2022 2 mins read

U.S DOJ Sentences Man to 5 years of Jail For Crypto Scam

Joshua David Nicholas was the “Head Trader” for EmpiresX as per DOJ. The exchange was a scam that stole digital assets worth $100 million. Florida native Joshua David Nicholas pled guilty to defrauding investors of $100 million in digital assets via his participation in the cryptocurrency network EmpiresX. As a

September 11, 2022 2 mins read

ApeCoin (APE) Price Surges Over 15% Amid Market Rebound

Ape is now trading at $5.15, and reached its highest price in two weeks. The Ape Foundation has recently detailed its proposals for a new voting process. According to CMC, the price of ApeCoin (APE), the Ethereum-based token of the Bored Ape Yacht Club ecosystem, has risen by 15.7 percent

September 11, 2022 2 mins read