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February 2023

Nike’s Web3 Platform .SWOOSH Will Reward Creators for Virtual Sneaker Designs

Nike’s Web3 Platform .SWOOSH Will Reward Creators for Virtual Sneaker Designs

Nike’s new non-fungible token (NFT) platform, SWOOSH, is inviting users to create their own digital wearables, the global shoe brand announced on Wednesday. SWOOSH community members are invited to enter the #YourForce1 contest, which challenges users to create a visual storyboard on Instagram showcasing their footwear design. If chosen, each of the four winners will […]

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China starts taxing crypto investors and Bitcoin miners 20%

China starts taxing crypto investors and Bitcoin miners 20%

China has had a tumultuous history with the cryptocurrency sector due to the government’s indecision regarding the best course of action, which has ranged from a complete ban to looking into the potential uses of blockchain. Recently, some local governments have begun to tax cryptocurrencies heavily on their income. According to Colin Wu’s January 25

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Top TF Institutions Fund Crypto Miner Core Scientific

Top TF Institutions Fund Crypto Miner Core Scientific

Top traditional finance institutions lent Core Scientific millions of dollars, allowing the cryptocurrency miner to thrive and expand its operations.  According to a court filing published on Jan. 18, BlackRock and Apollo Global Management are among a group of creditors who lent the miner $500 million by purchasing its convertible notes. Bloomberg broke the story

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Smart contracts to power day-to-day Web3 company operations

Smart contracts to power day-to-day Web3 company operations

MetisDAO Foundation, a Web3 firm, has launched Koris, a smart contract-based platform that enables decentralised organisations to operate and manage communities through an end-to-end operational infrastructure.  Koris, according to an announcement, aims to convert decentralised autonomous organisations (DAOs) into DACs, or “decentralised autonomous companies,” by providing an operating system comprised of various governance and management

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Metaverse training software used by Nike and Carlsberg raises  million

Metaverse training software used by Nike and Carlsberg raises $18 million

Gemba, a company that develops VR training technology, has raised $18 million in its Series A round. Lyft and What3Words backer Parkway Venture Capital led the round. Gemba, a software developer that provides corporate virtual reality training, raised $18 million in a Series A round led by Parkway Venture Capital. The transaction is worth $60

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Majority of Dogecoin (DOGE) Holders Now in Profit After Shiba Inu Rival Rallies 32% This Month: IntoTheBlock

Majority of Dogecoin (DOGE) Holders Now in Profit After Shiba Inu Rival Rallies 32% This Month: IntoTheBlock

According to a leading analytics firm, the majority of Dogecoin (DOGE) holders are now seeing gains following the cryptocurrency’s strong performance this month.  According to IntoTheBlock, 62% of Dogecoin owners are in the black, 36% are losing money, and 2% are breaking even.  This month, the top Shiba Inu (SHIB) competitor has seen bullish price

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How ChatGPT Could Drive A Dramatic AI Crypto Token Narrative

How ChatGPT Could Drive A Dramatic AI Crypto Token Narrative

According to a top financial analyst, AI crypto tokens could be the next big thing in the industry, like the DeFi boom, Metaverse mania, or meme-coin explosion.  ChatGPT and other AI-powered technologies have been making waves on social media and in the business world. Could three altcoins emerge as standout winners in the next bull

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Ethereum (ETH) Rival Launches New Ecosystem Fund Amid Bullish Price Action in Crypto Markets

Ethereum (ETH) Rival Launches New Ecosystem Fund Amid Bullish Price Action in Crypto Markets

A competitor to Ethereum (ETH) has launched a new ecosystem fund amid bullish price action in cryptocurrency markets. Fantom (FTM) has just launched a new on-chain ecosystem fund to provide capital to supporters looking to build on the blockchain of Ethereum (ETH)’s rival.  On the layer-1 blockchain project, the “Ecosystem Vault,” a new fund “aimed

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