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Malaysian Ministry Proposes Legalizing NFTs to Boost Participation in Crypto Sector

Malaysian Ministry Proposes Legalizing NFTs to Boost Participation in Crypto Sector

Malaysia’s communications ministry has proposed legalizing non-fungible tokens (NFTs) to increase the participation of young people in the cryptocurrency space. The crypto sector is under the purview of the central bank, Bank Negara Malaysia, and the Securities Commission. Malaysian Ministry Wants NFTs Legalized Malaysia’s Ministry of Communications and Multimedia has proposed legalizing non-fungible tokens (NFTs) […]

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Solana to Replace Ethereum in Blockchain Gaming, Paradox Studios Founder Says

Solana to Replace Ethereum in Blockchain Gaming, Paradox Studios Founder Says

Compared to Ethereum’s Solidity language when developing play-to-earn (P2E) games, the ease of use of Solana’s building language- Rust will give Solana a competitive edge, according to AmioTalio- the founder of UK-based animation and game development platform Paradox Studios. With blockchain gaming continuously accelerating the metaverse narrative, AmioTalio believes that the huge funding that Solana is offering

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Crypto Assets Can Help Russia Return to Global Financial Market, Lawmaker Says

Crypto Assets Can Help Russia Return to Global Financial Market, Lawmaker Says

Digital financial assets like cryptocurrencies can help Russia to reach the global financial market despite western sanctions, a lawmaker working on crypto regulations has stated. The official believes the country is capable of setting up domestic crypto exchanges and should support mining. Russia Can Establish Own Cryptocurrency Exchanges, Deputy Insists The crypto space is an

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After the invasion of Ukraine, the Russian central bank intervenes to defend the ruble’s dropping value.

After the invasion of Ukraine, the Russian central bank intervenes to defend the ruble’s dropping value.

Russians formed large queues to withdraw cash from their bank accounts on Monday as the ruble plummeted in response to sanctions imposed on Russia by the U.S., U.K., Canada, and European Union over the weekend. The currency dropped almost 30% in value on Monday. Adding to the pressure on Russian banks, many shops stopped accepting

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China says it will support Chinese IPOs abroad, calls for closure on tech crackdown

China says it will support Chinese IPOs abroad, calls for closure on tech crackdown

KEY POINTS Chinese and U.S. regulators are progressing toward a cooperation plan on U.S.-listed Chinese stocks, state media said, citing a financial stability meeting Wednesday chaired by Vice Premier Liu He. Days of worries about U.S. delisting risks, on top of existing concerns about economic growth, had sent Chinese stocks plunging in New York and

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Visa seeks new college grads for Crypto Development Program

Visa seeks new college grads for Crypto Development Program

Successful candidates will, among many other tasks, “define Visa’s crypto strategy and identify new product opportunities.” According to a recent job posting, Visa is inviting new college graduates to join its 18-month rotational Crypto Development Program. Applicants will alternate between the three departments of Visa’s current crypto ecosystem: crypto product, crypto solutions and digital partnership, where

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Draftkings Reveals 2022 College Hoops NFT Collection for March Madness

Draftkings Reveals 2022 College Hoops NFT Collection for March Madness

On March 15, the American fantasy sports contest and betting company Draftkings announced the company’s first in-house digital collectibles campaign called the “Primetime NFT Series.” The first Draftkings’ NFT series drop will be the “2022 College Hoops Collection” launched in unison with the single-elimination college basketball tournament known as NCAA’s March Madness. Draftkings to Drop

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HSBC Enters the Metaverse Through Partnership With The Sandbox

HSBC Enters the Metaverse Through Partnership With The Sandbox

The bank wants to engage with sports, e-sports, and gaming fans on the metaverse. HSBC, with almost $3 trillion in assets, is the first global bank to enter The Sandbox metaverse, said the blockchain gaming firm in a statement on Wednesday. The bank will buy a plot of land at The Sandbox metaverse, which it will develop to engage with sports,

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Getting There: Ethereum Merge Completed On Kiln Testnet

Getting There: Ethereum Merge Completed On Kiln Testnet

Ethereum’s Kiln testnet has successfully passed the merge, however, with a few minor flaws.   Merge testing continues As part of their plans to phase out mining, the Ethereum Foundation needs to merge Ethereum’s execution layer, which still operates under Proof of Work, with the Proof of Stake enabled consensus layer, formerly called Ethereum 2.0. This

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