NFTs are an integral part of China’s strategy to combat copyright infringement and internet piracy. The East Asian nation has seen a rise in the amount of piracy committed online, particularly in the form of NFTs made from pirated digital content. In response, the Chinese government has launched a new
Terra (LUNA) is getting close to the $10 goal thanks to the efforts of the Terra Community. The low for the last 24 hours is $1.90, and the high is $6.91. The price of Terra (LUNA) has nearly reached $7, a rise of almost 200% in a matter of hours.
In July, it saw a half-point uptick—the first increase in 11 years. Lagarde predicts a significant slowdown in economic activity. Following a trend of interest rate increases from major central banks across the world, the European Central Bank decides to do the same. Since the beginning of this month, the
The business has funded more than 300 startups, including Web3 and NFT firms. A $359 million deal in January gave it a valuation of more than $5 billion. Institutional investors Temasek, Boyu Capital, and GGV Capital spearheaded the $110 million investment round for Animoca Brands, a major investor in NFT
Approximately $40 million of the new capital will be used towards the purchase. Skybridge assured that there was no chance of any assets being liquidated. Sam Bankman- Fried’s FTX Ventures, a cryptocurrency venture capital company, has recently made a splash in the market by acquiring a 30% stake in fellow
Together, DBS Bank and The Sandbox will acquire carbon offsets. The DBS has become the first Singaporean company to partner with The Sandbox. The DBS Bank, a Singaporean financial institution, has stated that it would be working with the metaverse platform The Sandbox. The collaboration will help DBS expand its
Former Netflix Executive is joining Shiba Inu’s metaverse team. The SHIB community has adapted more strategies for the success of the Metaverse project. The Shiba Inu ecosystem is expanding its Metaverse team. According to a recent blog post from the SHIB community, Brandie Konopasek, an entertainment professional, has joined Shiba
After witnessing a continuous collapse in the bearish market, Bitcoin (BTC) has climbed to $20,000 again. Over the past few days, the market dominator was going through a tremendous downfall. Even so, the coin started to witness a positive momentum again by registering a notable uplift during the past 24
Tornado Cash sued the U.S Treasury department. Coinbase backing a lawsuit against the SEC. The largest cryptocurrency exchange Coinbase announced that it was backing a lawsuit against the U.S. Securities and Exchange Commission (SEC) on Thursday. Coinbase claims that this backing will help to prevent sanctions prohibiting Americans from Tornado
Following a successful fundraising campaign that attracted industry heavyweights like Tim Draper’s Draper Associates, BPMT Trading Ltd, and the Holdun Family Office, blockchain-powered cybersecurity startup Naoris Protocol closed an additional round, bringing the total capital raised to date to $31 million. Both BPMT Trading Ltd and Holdun Family Office have
