Sony Interactive Entertainment, the company behind the PlayStation brand of video games, has patented a framework that allows players to move and use non-fungible tokens (NFTs) across games. Sony’s commitment to the cryptocurrency industry has been on display for years through strategic alliances and trademark filings. Sony has also added
Heavyweight boxing champion Oleksandr Usyk has thrown his support behind a blockchain platform that intends to tokenize and promote the boxing sector. He holds the titles of IBF, WBO, and WBA. The Olympic champion has partnered with Qmall, a cryptocurrency exchange located in Ukraine, to create the “Ready to Fight”
Users may now safely utilize their Ethereum-based cryptocurrency wallet using the “Sign In with Ethereum” option recently added to MetaMask. In an effort to standardize how Ethereum account users verify themselves on off-chain services, the widely used web3 wallet has adopted the EIP-4361 protocol. The wallet project collaborated with the
A CryptoPunks non-fungible token (NFT) with a market value of 77 Ether was delivered to a burn address. But, the collector had meant to use it as collateral to borrow funds with which to acquire other NFTs. Brandon Riley, an NFT collector, purchased CryptoPunk #685 on March 13. He paid
Fujitsu, a major Japanese technology company, has applied for a trademark with the US Patent and Trademark Office (USPTO). Indicating its intention to provide cryptocurrency trading brokerage services, among other crypto and non-crypto financial facilities. According to the March 16 trademark application submitted by Fujitsu. The company is seeking registration
In an 86-page report published on March 24. The United States Federal Reserve explained why it had rejected Custodia Bank’s membership application back in January. Among them, the bank’s crypto-related activities also finds a place. The report claims that the Fed’s board has expressed concerns about banks with business strategies
After the recent airdrop, the price of Arbitrum’s native ARB was highly volatile, eventually settling within the top 40 most valuable cryptocurrencies. After the project released the much-anticipated token to users of the Ethereum scaling network, as of this writing CMC ranked it as the 37th biggest digital asset by
Recent whale observations suggest an unprecedented level of activity. Before the most anticipated Ethereum Shanghai update that will permit staked Ethereum withdrawals, crypto whales are buying up ETH in the millions. Many ETH have been moved from cryptocurrency exchanges to wallets in the previous 24 hours, according to Whale Alert.
The cryptocurrency market is now enjoying positive momentum, having just recovered from a dismal spell that lasted throughout February. Bitcoin and Ethereum, the two digital currencies leading this upswing, are doing particularly well despite heightened US government regulation. Arbitrum (ARB), PancakeSwap (CAKE), and Ethereum (ETH) are the top three most
The bulk of the funds stolen from the decentralized finance (DeFi) platform Euler Finance in March 2023 seems to have been returned to the platform. Even if part of the funds are still with the exploiter, the Euler hacker reportedly surrendered as much as 51,000 ETH on Saturday. On or
