On April 12, Pudgy Penguins promises to “take over” New York City with an immersive and interactive experience at the Lightbox. Quick Takes: Pudgy Penguins is preparing to host an immersive, interactive experience in NYC on April 12 at the Lightbox. Lightbox is an experience incubator that focuses on creating cutting-edge immersive experiences. Consequently, Lil Pudgys’ interactive event promises […]
In March 2023, legal teams representing FTX US and Alameda Research filed a complaint against FTX Digital Markets, a Bahamas-based company, alleging that it was a fraudulent enterprise used to obscure the question of the firm’s ownership. The complaint was filed with the United States Bankruptcy Court for the District of Delaware, where FTX debtors […]
OKX is a cryptocurrency exchange that was launched in China in 2017 and facilitates trading in a number of different digital assets. Bitcoin, Ethereum, and Litecoin are some of the cryptocurrencies that are included in this category. As a result of the fact that its daily trading volume is more than $2 billion, it is […]
In February 2023, the top six nonfungible token (NFT) marketplaces experienced a significant surge in NFT wash trading, with a total volume of $580 million, up 126% from the previous month. The six marketplaces included in the report were Magic Eden, OpenSea, Blur, X2Y2, CryptoPunks, and LooksRare. Of these, X2Y2, Blur, and LooksRare played the […]
According to a recent patent published by Sony Interactive Entertainment, the Japanese manufacturer of consumer electronics products is investing in incorporating non-fungible tokens (NFTs) and blockchain technology into PlayStation games. Quick Takes: Sony published the patent ‘NFT Framework For Transferring And Using Digital Assets Between Game Platforms’ to interpret NFTs into PlayStation games. The patent […]
In recent news, Arbitrum, a layer-2 scaling solution for Ethereum, announced an airdrop of its ARB governance token, which has generated significant hype within the blockchain community. The airdrop is expected to reward eligible receivers with the token by March 23. The hype around the airdrop has helped another layer-2 scaling solution, zkSync, experience significant […]
As part of its efforts to promote the adoption of DLT, the DSF will provide support through grants to its university network. The organization has also opened its first call for grant proposals, offering up to $5 million for eligible organizations or individuals. The DSF is supported by the open-source public ledger project Hedera, which […]
Synthetix is a tokenized asset issuance platform that allows users to create Synths by locking tokens into a smart contract and minting derivatives that provide exposure to a range of different assets. The platform’s V2 has surpassed $400 million in perpetual swap daily trade volume, and the collaboration with liquidity provider Curve Finance saw a […]
Dubai’s Virtual Asset Regulatory Authority has granted Crypto.com a preliminary license for a minimum viable product (MVP), according to Crypto.com (VARA). Following getting preliminary approval from the Dubai administration in 2022, the exchange was issued this license for preparatory activity. During the preparatory phase, the MVP license enables the exchange to comply with the VARA […]
According to the president of the authority, the Financial Supervisory Commission of Taiwan (FSC) will take over as the principal regulator of cryptocurrencies throughout the island nation. According to the local United Daily News, the head of the Financial Supervisory Commission (FSC), Huang Tien-mu, made the announcement that the regulator would acquire supervisory responsibility over […]