Archived Posts

While the bankruptcy of FTX has rattled the cryptocurrency market to its roots, conventional financial institutions are entering the realm of cryptocurrency. On Tuesday, a coalition of financial institutions, namely HBSC, Mastercard, and Wells Fargo, revealed the formation of the Regulated Liability Network, a proof-of-concept (PoC) digital money network (RLN). “Members of the U.S. banking   Read more...

Greg Joswiak, the head of marketing at Apple, stated in a question and answer session that he would never use the term “metaverse.” Bloomberg’s Mark Gurman says, however, that Apple is supposedly constructing its native metaverse. In the most recent issue of his journal, Power On, Gurman addresses Apple’s anticipated AR/VR headset, which may be   Read more...

Steve Jobs, co-founder of Apple Inc., wore Birkenstock sandals all through his lifetime. The sandals were auctioned for $218,750. As part of the transaction was a Steve Jobs sandals-themed non-fungible token issued on Polygon. The sale was hosted by Julien’s Auctions from November 11 to 13. There were over 19 bids for the boots, with   Read more...

IDsure, the initial “middleman” platform linking seafarers, merchants, and maritime institutions, has announced that it would embed Concordium blockchain to increase seafaring’s trustworthiness and transparency. IDsure is constructing the framework to digitize certifications in the shipping sector via the IDsure App, which assures irreversible ID verification, issuance, and recording of certificates, as well as 100%   Read more...

Sony Interactive Entertainment has been constantly investigating the usage of NFTs and blockchain technology in video games, according to a recently disclosed patent. NFTs are distinct, non-exchangeable data bits that are maintained on a blockchain (a sort of digital ledger), allowing users to efficiently purchase and sell digital assets such as in-game goods or artworks.   Read more...

Bloomberg has reported that renowned global sportswear firm Nike has expanded its digital offering with the debut of its digital shoe and marketplace referred to as Swoosh. The sports behemoth joined the metaverse by purchasing Rtfkt, a digital development firm where users may generate non-fungible tokens (NFTs) using Web 3 technology, in December 2021. Nike   Read more...

idexo is delighted to reveal integration with OKC (OKX Chain), an EVM-compatible L1 based on Cosmos that prioritizes full interoperability (IBC) and speed optimization. With this connection, idexo offers support for its minimum-code web3 SDK and API, its zero-code NFT Innovation Platform, and its recently announced NFTMe mobile application. By using the idexo platform, anybody   Read more...

Philcoin, a charitable blockchain network, has signed a partnership agreement with Indacoin, a British fiat-to-cryptocurrency exchange platform, in an effort to increase trust and transparency in the nonprofit sector. Jerry Lopez, the CEO and inventor of Philcoin, said that the cooperation will be a starting step toward transforming how donating occurs by allowing credit and   Read more...

After the fall of the world’s second-largest cryptocurrency exchange (in terms of trading volume) a week ago, Bitcoin (BTC) investors have progressively shifted their portfolio to self-custody alternatives. As per analytics firm Glassnode, on-chain exchange traffic data reveals an increase in transfers to self-custody wallets. In a tweet published on November 13, Glassnode revealed that   Read more...