After recording more than $4 billion in all-time sales, Axie Infinity announced the game’s classic mode will no longer allow users to obtain smooth love potion (SLP), as SLP rewards have been added to the new Origin ranked gameplay mode. The team also introduced non-fungible token (NFT) runes and charms that can be minted on […]
The central bank stated virtual asset service providers pose a great risk but will allow existing businesses to continue operations or expand. The central bank of the Philippines will not accept applications from virtual asset service providers for three years. The bank claims the institutions pose varied risk to financial stability. Previously existing service providers
PHILIPPINE CENTRAL BANK HALTS BITCOIN, CRYPTO SERVICE PROVIDER APPROVALS FOR THREE YEARS Read More »
Options trading volume has risen on crypto exchanges, and even miners are using options strategies to muddle through the current, uncertain environment. In the current bear market, crypto options trading has been a rare bright spot, building momentum even as crypto prices have plunged. A number of crypto exchanges have noted rising trading volume after
During the 2010s, Sri Lanka had one of the fastest-growing economies in Asia. Things took a 180-degree turn at the end of the decade as the country’s economy stumbled. In May 2022, the government defaulted on its debt for the first time in history. As inflation continued to spiral out of control, with a massive shortage of
How Sri Lanka’s economic collapse raises alarm bells for other emerging markets Read More »
The selling of Huobi Group founder’s majority stake in the crypto-exchange could be the industry’s biggest takeover since a $2 trillion global crypto rout started, according to Bloomberg. Leon Li is in talks with various investors to sell a valuation of almost $3 billion stake, or 60% of the company he established nearly a decade
Huobi Group Founder in Talks to Sell Almost $3B Company Stake Read More »
The central bank of the Philippines, Bangko Sentral ng Pilipinas, has announced that it will stop accepting crypto license applications for three years, starting next month. The central bank is the primary regulator of the crypto sector in the Philippines. Philippines Halts Accepting Crypto License Applications The Philippine central bank, Bangko Sentral ng Pilipinas, announced
Philippines Will Stop Accepting Crypto License Applications for 3 Years, Regulator Says Read More »
Football giants Barcelona and Real Madrid filed a joint crypto trademark protection covering various virtual products, according to licensed patent and trademark attorney Michael Kondoudis. Kondoudis tweeted: “Football powerhouses Real Madrid and Barcelona have filed a joint trademark application covering: virtual reality gaming, virtual clothing, footwear, headgear, cryptocurrency transaction management software …and more.” Source:MichaelKondoudis Under serial
Spanish Football Giants Barcelona and Real Madrid Seek Crypto Trademark Protection Read More »
KEY POINTS The European Space Agency (ESA) has begun preliminary technical discussions with Elon Musk’s SpaceX that could lead to the temporary use of its launchers after the Ukraine conflict blocked Western access to Russia’s Soyuz rockets. The private American competitor to Europe’s Arianespace has emerged as a key contender to plug a temporary gap
Europe eyes Musk’s SpaceX to replace Russian rockets Read More »
The team described the move as part of its efforts to balance the economy for the Smooth Love Potion token. Play-to-earn (P2E) blockchain game Axie Infinity (AXS) has completely removed the token rewards from its classic game mode to attract its users to a new game mode called Axie Infinity Origin. The Axie Infinity team announced that
Axie Infinity cuts rewards from classic game, subtly forcing P2E players to new mode Read More »
The U.S. based bitcoin miner looks to create over new 600 jobs and scale beyond the secured 708 MW capacity. Genesis Digital Assets secured an additional 708 MW of operating capacity. The bitcoin mining company expects to create 130 full-time jobs with an additional 495 construction jobs. Starting in 2013, the company has reportedly mined
BITCOIN MINER GENESIS DIGITAL SECURES 708 MW CAPACITY, EXPECTS TO CREATE 600 NEW JOBS Read More »
