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Astar Network and Sony Network Communications Launch a Collaborative Web3 Incubation Program

A Web3 Incubation Program will be co-hosted by Sony Network Communications, Inc., an operational firm of the Sony Group, and Astar Network, the multichain smart contract platform. Together, Sony Network Communications and Astar Network will support Web3 initiatives that highlight the practical applications of NFTs and DAOs. From mid-March through

February 17, 2023 3 mins read

Popular Men’s Fashion Magazine GQ Launches NFT Collection

GQ, a men’s fashion magazine, has released its first-ever NFT collection, consisting of 1,661 items created by an algorithm. In “GQ3 Issue 001: Change Is Good,” artists like Chuck Anderson, Serwah Attafuah, Kelsey Niziolek, and REO contributed artworks. Each artist reportedly produced more than a hundred “traits” that were used

February 16, 2023 1 min read

DBS Bank Reports 80% Surge in Bitcoin Trading Volume in 2022

Bitcoin trading on DBS Digital Exchange (DDEx), the cryptocurrency exchange arm of Singapore’s DBS Group Holdings, increased exponentially in 2022 despite the winter’s wipeout of billions of dollars in market value. Bloomberg claims that Bitcoin trading volume on the exchange increased by 80% year over year. Bitcoins held in DDEx’s

February 16, 2023 2 mins read

Hong Kong to Legalize Cryptocurrency Trading for Citizens

According to reports, on June 1st, 2023, Hong Kong will officially make cryptocurrency purchasing, selling, and trading entirely legal for all of its residents. In Hong Kong, Interactive Brokers (IBKR) has started working with cryptocurrency exchange OSL Digital Securities. This is to provide cryptocurrency trading to professional investors.  The objective

February 16, 2023 2 mins read

Terra Quantum Welcomes Investcorp as New Investor

Uniquely positioned in the quantum security segment, Terra Quantum delivers end-to-end solutions for data and information safety. The addition of Investcorp to Terra Quantum’s shareholder base not only underpins Terra Quantum’s ‘private-equity’-readiness, but also signals the relevance of the wider quantum technology space to the alternative investment community. Investcorp’s leadership

February 9, 2023 5 mins read

Crypto Firm Juno Announces Restart of Services Post Brief Pause

All services of the cryptocurrency platform Juno, situated in Singapore, have been declared to have started again.  Because of problems with its former custodian partner, Wyre, it tightened daily withdrawal restrictions at the beginning of the year and encouraged clients to move their assets into self-custody wallets. In early January,

February 8, 2023 2 mins read

Leading Web3 Infrastructure Company Chainstack Hires Cloud Infrastructure Guru as CEO

SINGAPORE–(BUSINESS WIRE)–#Web3forAll–Chainstack, the leading suite of services connecting all developers with web3 infrastructure, just made a massive power play and hired Jan-Jaap (JJ) Jager as their new CEO! The company is on a mission to ignite a new era of growth, innovation, and sheer awesomeness offering fast, reliable, and easy-to-use

February 7, 2023 2 mins read

Baby Doge Announces the Burn Portal Launch Date

BabyDoge, a meme-based token, and its community are exhibiting their true potential for over a month. One lastest update from the platform is the launch of the Burn Portal on the 13th of February. Baby Doge Swap announced the completion of the burn portal development on the 25th of January.

February 4, 2023 2 mins read

Chainalysis Announces Layoff Amid Prolonged Crypto Winter

As private sector demand has decreased in tandem with the sell-off in cryptocurrencies for much of the last year. Chainalysis is laying off around 44 of its 900 workers, or 4.8% of its staff. According to Maddie Kennedy, the company’s senior director of communications, the layoffs will mostly affect members

February 2, 2023 1 min read