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July 2022

Sky Mavis CEO Moved about m in Crypto before Disclosing Hack: Bloomberg

Sky Mavis CEO Moved about $3m in Crypto before Disclosing Hack: Bloomberg

The co-founder and CEO of Sky Mavis moved about $3 million in crypto tokens prior to the disclosure details of the $540 million Ronin bridge hack in March, Bloomberg reported. The report stated that Trung Nguyen moved the funds as part of an effort to salvage the firm’s funds following the attack. It added that […]

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NFT potential is vast and creative possibility is endless, says YellowHeart CEO

Josh Katz said that ticketing is one of the most compelling use cases for NFTs as it can prevent fraud. While some refuse to adopt nonfungible tokens (NFTs), others are finding ways to realize the potential of NFT technology to solve real-world problems. In an interview with Cointelegraph, Josh Katz, CEO of NFT marketplace YellowHeart, shared his

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Stocks rise as investors await key Fed decision, Microsoft and Alphabet pop after earnings

Stocks rise as investors await key Fed decision, Microsoft and Alphabet pop after earnings

U.S. equities climbed Wednesday, boosted by strong gains from Google-parent Alphabet and Microsoft, as traders awaited the Federal Reserve’s latest interest rate decision, scheduled for later in the day. The Dow Jones Industrial Average rose by 143 points, or 0.5%. The S&P 500 gained 1.4%, and the Nasdaq Composite increased 2.5%. Alphabet shares rose 5%

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EY Has Built an Ethereum-Based Product to Help Firms Hit Carbon Accounting Goals

EY Has Built an Ethereum-Based Product to Help Firms Hit Carbon Accounting Goals

Enterprise users’ data-privacy concerns are less of a constraint when it comes to showing how supply chains are meeting their ESG mandates, said EY blockchain lead Paul Brody. EY, one of the world’s four largest consulting and accounting firms, has built an Ethereum-based system to help big businesses manage their carbon footprints and satisfy environmental,

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RELAI ENABLES INSTANT EURO FUNDING FOR FAST BITCOIN PURCHASES

RELAI ENABLES INSTANT EURO FUNDING FOR FAST BITCOIN PURCHASES

The bitcoin-only European investment app now enables users to purchase bitcoin within seconds with SEPA instant payments. Relai has enabled instant bitcoin purchases for its customers. The upgrade lessens fiat funding time from a few days to less than five minutes, often only taking 10 seconds, through Europe’s SEPA instant payments. The company recently raised

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Abacus Life Partners With Blockcerts to Introduce Blockchain-Powered Insurance

Abacus Life Partners With Blockcerts to Introduce Blockchain-Powered Insurance

Abacus Life Settlements, a buyer of life insurance policies in the United States, has teamed up with BlockCerts to introduce blockchain-enabled insurance and longevity-related assets. Jay Jackson, the CEO of Abacus life, pointed out: “Abacus Life and Longevity Market Assets are excited to partner with BlockCerts Web 4.0 to lead the next generation of life

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Dubai Police to Release Second Collection of NFTs — Nearly 23 Million Show Interest in First Collection

Dubai Police to Release Second Collection of NFTs — Nearly 23 Million Show Interest in First Collection

Months after rolling out its first collection of non-fungible tokens (NFTs), the Dubai Police has said it will launch the next collection at the 2022 edition of The Gulf Information Technology Expo (GITEX). People from outside the country will also get a chance to own the next Dubai Police NFT collection. First Government Entity in

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Ether Chart Outlook Sours as Price Drops Below .4K; Fed Angst Weighs

Ether Chart Outlook Sours as Price Drops Below $1.4K; Fed Angst Weighs

An anticipated interest rate hike seems to be overshadowing Merge optimism. Ether’s price (ETH) recently fell below $1,400, extending Monday’s 10% slide, its biggest single-day percentage slide in over a month. The two-day slide marks a clear breakdown of the six-day trading range of $1,460 to $1,660. Sellers appear to be in total control, as

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Japan Ministry of Economy launches Web3 policy office

Japan Ministry of Economy launches Web3 policy office

The new body will bring together the financial regulators and creative industries to formulate the policies in the Metaverse. In an important landmark for the buzzword, The Ministry of Economy, Trade and Industry (METI) of Japan opens its own Web3 Policy Office in the Minister’s Secretariat. The new entity commits to bringing together the departments

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ZEBEDEE, VIKER LAUNCH BITCOIN REWARDS FOR SOLITAIRE, SUDOKU GAMES

ZEBEDEE, VIKER LAUNCH BITCOIN REWARDS FOR SOLITAIRE, SUDOKU GAMES

ZEBEDEE partnered with mobile game developer VIKER to enable play-to-earn bitcoin rewards on three classic video games: Solitaire, Sudoku and Missing Letters. ZEBEDEE has partnered with VIKER to bring bitcoin rewards to three classic video games. Solitaire, Sudoku and Missing Letters will begin rewarding players in bitcoin on ZEBEDEE’s mobile app. Users can earn bitcoin

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