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Unstoppable Domains and Somnia Partner to Boost Digital Identity in Web3

An exciting strategic collaboration has been announced between Unstoppable Domains, a provider of blockchain-based domain names, and Somnia, the Web3 project building blockchain solutions to boost scalability and interoperability for NTFs, the metaverse, gaming, and social apps. The partnership intends to lower the cost and increase accessibility of decentralized digital identities; it will

September 23, 2024 2 mins read

Is Anime 2.0 The Next Big NFT Obsession?

Well, guess what? The NFT space might seem deadly quiet, but it may not be ‘dead.’ The market floor feels shaky and intensely bearish right now. Despite that, there’s a hustle for something fresh, and innovation is brewing. Projects attempt to pivot and explore new horizons. Or try to synergize

September 23, 2024 3 mins read

Digital Asset Products See $321M Inflows Amid Fed Rate Cut

Digital asset investment products experienced net inflows of $321 million for the second consecutive week, according to CoinShares. The surge was largely attributed to the U.S. Federal Reserve’s decision to cut interest rates by 50 basis points (bps), which was viewed as a dovish move by the market. Total assets

September 23, 2024 2 mins read

Australia Eyes Stricter Licensing for Crypto to Boost Protection

Australia’s financial regulator, the Australian Securities and Investments Commission (ASIC), is pushing for tighter control over the country’s cryptocurrency sector. ASIC Commissioner Alan Kirkland has revealed that crypto firms, not just exchanges, may soon be required to obtain licenses under the Corporations Act. This move is intended to offer better

September 23, 2024 2 mins read

How Blockchain Technology is Revolutionizing Ethical Standards and Ensuring Compliance in AI Development

Over the last four years, the presence of artificial intelligence (AI) and its associated technologies has seeped into several key industries, be it supply chain management, healthcare, or finance. As a result, discussions surrounding the need for ethical AI development and deployment have grown globally. In this context, the blockchain,

September 23, 2024 3 mins read

Is XRP Price Up for a Bullish Upswing or a Bearish Dip?

XRP recently outperformed many cryptocurrencies but is currently trading at $0.5861, reflecting a 1.63% decrease. The 24-hour trading volume stands at $940 million, a 14.94% drop, while the market capitalization is approximately $33 billion, down 1.67%. Ripple CEO Brad Garlinghouse, recently addressed a concerning incident involving the Supreme Court of

September 23, 2024 2 mins read

OpenSea Faces Lawsuit Over Unregistered NFT Securities

A group of OpenSea users has filed a class-action lawsuit in Miami. The lawsuit claims that the popular NFT marketplace sold unregistered securities. This legal action raises significant concerns about the regulatory landscape for NFTs. According to the lawsuit, OpenSea is accused of facilitating transactions that qualify as securities sales.

September 23, 2024 1 min read

Lagbit.com — The Best Crypto Exchange for Trading in 2024

In the competitive world of cryptocurrency exchanges, many platforms vie for the attention of traders and investors. Among industry giants like KuCoin, Coinbase, Kraken, and Bybit, Lagbit.com stands out due to its forward-thinking innovations and broad range of features designed to cater to both new and experienced users. 1. Wide

September 23, 2024 2 mins read

GGI Forges Strategic Partnership With ArkForge To Revolutionize Web3 Gaming

Galaxy Girl Interactive (GGI) is thrilled to announce its strategic partnership with ArkForge, a groudbreaking move that signifies the fusion of traditional gaming with the cutting-edge world of Web3 games. This exciting collaboration marks a pivotal moment in the gaming industry, where the best of Web2 and Web3 come together

September 23, 2024 3 mins read