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January 2023

Russia and Iran are rumoured to be launching a gold-backed stablecoin

Russia and Iran are rumoured to be launching a gold-backed stablecoin

Leave a Comment / News /

Russia and Iran are apparently discussing collaborating to build a new stablecoin to improve international transactions.  According to the Russian news portal Vedomosti, Iran is collaborating with the Russian government to develop a “token of the Persian Gulf region” that may be used as a form of payment in international trade.  The token will most […]

Russia and Iran are rumoured to be launching a gold-backed stablecoin Read More »

Polygon enlists Xternity to migrate multiplayer Web3 games from Solana

Polygon enlists Xternity to migrate multiplayer Web3 games from Solana

Leave a Comment / Web 3.0 /

Layer-2 scaling solution for Ethereum Polygon collaborated with Xternity, a Web3 gaming development platform, to move and onboard a multiplayer Web3 game, Synergy Land, from Solana to the Polygon network.  Solana, as a blockchain platform, focuses on scalability and cost-cutting, whereas Polygon provides a smooth connection with the Ethereum ecosystem. Xternity provided a processtfvia its

Polygon enlists Xternity to migrate multiplayer Web3 games from Solana Read More »

Masa Finance launches the soulbound Web3 identity protocol for Ethereum

Masa Finance launches the soulbound Web3 identity protocol for Ethereum

Leave a Comment / Web 3.0 /

According to a press release shared on January 17, Masa Finance has created the first “soulbound” identity system for the Ethereum mainnet. The protocol will enable the issuance of standard-issued soulbound tokens on Ethereum for Know Your Customer authentication, credit scoring, and other use cases.  Tokens that are soulbound cannot be moved from one wallet

Masa Finance launches the soulbound Web3 identity protocol for Ethereum Read More »

During the cold crypto winter, developers keep the candle burning

During the cold crypto winter, developers keep the candle burning

Leave a Comment / Cryptocurrency /

Despite the fact that the current crypto winter has begun to feel like an ice age, new data from Web3 developer platform Alchemy indicates that developers are forging forward and continuing to deploy on-chain. Alchemy noted in its Web3 Development Report for the fourth quarter of 2022 that this past year saw token trading decline

During the cold crypto winter, developers keep the candle burning Read More »

Blockchain game Synergy Land migrates to Polygon

Blockchain game Synergy Land migrates to Polygon

Leave a Comment / Blockchain News /

The migration of Synergy Land to Polygon joins a slew of other gaming and NFT companies on the new blockchain. Polygon looks to be a popular blockchain among several high-profile initiatives, including Starbucks and Reddit-branded NFT drops.  The blockchain musical chairs game does not appear to be slowing down. Synergy Land, a web3 action role-playing

Blockchain game Synergy Land migrates to Polygon Read More »

Africa Web3 games publisher Carry1st raises M

Africa Web3 games publisher Carry1st raises $27M

Leave a Comment / Web 3.0 /

Carry1st, an African Web3 Games publisher, has raised $27 million. Carry1st, a mobile games publisher, has raised $27 million in funding to expand its publishing and digital content creation platform in Africa, which its backers believe is primed for Web adoption.  Bitkraft Ventures led the $27 million fundraising round, including participation from Andreessen Horowitz, better

Africa Web3 games publisher Carry1st raises $27M Read More »

The U.S. House of Representatives forms a new cryptocurrency subcommittee

The U.S. House of Representatives forms a new cryptocurrency subcommittee

Leave a Comment / Cryptocurrency /

The Republican-controlled House of Representatives has established a new legislative subcommittee focused on digital assets, according to Congressman Patrick McHenry on Thursday. Fast facts The Subcommittee on Digital Assets, Financial Technology, and Inclusion will be the first of its kind in the United States, reporting to the House Financial Services Committee. According to a news

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Nifty News: Price drops on

Nifty News: Price drops on “Cryptohouse” with NFT decor, mint your personality as an NFT, and more

Leave a Comment / NFTs /

As they attempt to sell the house, the owner of the house with a cryptocurrency theme has reduced the price by almost 20% in just a few months. Waning interest in a North Hollywood crypto-themed home. A crypto-friendly home in North Hollywood, Los Angeles, appears to be having trouble selling since the price has dropped

Nifty News: Price drops on “Cryptohouse” with NFT decor, mint your personality as an NFT, and more Read More »

Former FTX US President lashes out at

Former FTX US President lashes out at “insecure” SBF in a 49-part Twitter rant

Leave a Comment / News /

Sam Bankman-Fried has come under fire from former FTX US President Brett Harrison for intimidating and manipulating coworkers who suggested changes to the organization’s management structure.  On December 14, Harrison spoke with Bankman-Fried and FTX US about his experiences. He described how he was hired “casually over text” in March 2021 after they had previously

Former FTX US President lashes out at “insecure” SBF in a 49-part Twitter rant Read More »

Former FTX US President Explains Why He Quit After Only 17 Months

Former FTX US President Explains Why He Quit After Only 17 Months

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On Saturday (January 14, 2023), former FTX US President Brett Harrison discussed his brief employment at the defunct cryptocurrency exchange FTX US and his conflicts with Sam Bankman-Fried (“SBF”).  Before we examine what Harrison said yesterday, it is important to note that in September 2022, he declared his intention to resign from his position as

Former FTX US President Explains Why He Quit After Only 17 Months Read More »

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