The final votes reveal that 53.62% of ApeCoin participants want to remain on Ethereum for the mid-term future. ApeCoin DAO, a governance system serving the democratic rights of ApeCoin (APE) holders — a digital asset tied to the Bored Ape Yacht Club ecosystem — published an official proposal on May 2 to debate whether the asset should […]
ApeCoin DAO officially favors remaining within Ethereum ecosystem Read More »
KEY POINTS Microsoft said it will first bring the Xbox app to Samsung’s 2022 smart TVs and then expand distribution to other manufacturers. With the rollout, Microsoft is focused on bringing its gaming services to people who don’t have consoles. Gamers will be able to play the Xbox app with Sony’s Bluetooth-connected DualSense controllers as
Hong Kong-based wine importer and distributor Grand Cru Cellar (GCC) has announced plans to enter the non-fungible token (NFT) industry. Following the completion of the plan, GCC will become the first wine distributor in Asia to offer a wine NFT. The move will also potentially revolutionise the wine industry in Asia through blockchain and NFT technologies. The
Hong Kong-based Grand Cru Cellar to Offer First Redeemable Wine NFT in Asia Read More »
On Tuesday, the financial technology company Checkout.com announced that it will allow merchant settlements using the stablecoin USDC via a partnership with the crypto firm Fireblocks. Checkout.com further detailed that in a beta test with select clients, the company settled $300 million in transaction volume leveraging the USDC stablecoin. Checkout.com Leverages the Stablecoin USDC Checkout.com has
Checkout.com Reveals Merchants Can Accept and Make Payments in USDC Read More »
The payments giant announced it would let users withdraw their crypto holdings to their own wallets earlier today. PayPal (PYPL), a payments firm that’s offered crypto buy and sell options since 2020, is the newest recipient of New York’s landmark virtual currency license. The company, which already offered crypto services in New York through a
PayPal Converts Conditional Virtual Currency License to Full BitLicense Read More »
The new fund is intended to support the growth of NFT, gaming, and DeFi projects on Solana and to help keep former Terra developers on their feet following Terra’s fall. Solana Ventures and the Solana Foundation have formed a $100 million fund to help support the growth of nonfungible token (NFT), blockchain gaming and decentralized
Solana Ventures sets up $100M fund for GameFi and DeFi in South Korea Read More »
Beanstalk has launched a last-ditch effort to recoup the 77 million USD lost in April’s flashloan exploit. Barn Raise kicks off with a 500% “interest rate” In the first hour of the Beanstalk Barn Raise, 5.5 million USD have been collected. The Beanstalk community is willing to pay a hefty price in order to rescue
Beanstalk Collects 5.5 Million USD In First Hour Of Rescue “Barn Raise” Read More »
KEY POINTS The European Union in late May moved to impose an oil embargo on Russia, after agreeing the previous month to also stop coal purchases from the country. The bloc has been heavily dependent on Russian fossil fuels and cutting some of these supplies overnight will have a significant economic impact. The Organization for
OECD slashes global growth prediction on Ukraine war and China’s zero-Covid policy Read More »
Fintech giant Paypal Holdings has upgraded its crypto wallet capabilities. Users of the app can now send supported digital assets to other wallets. With this upgrade, users can now send Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and Bitcoin Cash (BCH) to other Paypal users as well as external wallets, which may also include those from trading platforms. The move has
Paypal Crypto Owners Can Now Transfer Tokens to Wallets Read More »
The Brazilian central bank digital currency (CBDC), the digital real, will be more of a wholesale asset instead of a public retail-focused token, according to statements from the president of the Central Bank of Brazil, Roberto Campos Neto. Campos Neto indicated that private banks in the country will be able to issue their own stablecoins
