Meta ‘ruined’ the term metaverse, but now it’s evolving: Yuga Labs CEO
While Meta’s Horizon Worlds is suffering from a low user base, metaverse platforms have focused on building, says Yuga Labs...
Month: September 2023
Toughen up. Mt. Gox’s ex-CEO only had a ‘little calculator’ to prepare for trial
Mark Karpelès was seemingly drawing parallels to Sam Bankman-Fried's recent antics, claiming to have gotten through 20,000 pages of evidence...
How OKX convinced F1 star Daniel Ricciardo it’s safe to promote crypto
Australian F1 driver Daniel Ricciardo said it took him a while to get comfortable with the idea of crypto, and...
Web3 game Gods Unchained releases ‘Sealed Mode’ to mimic paper card games
Immutable’s Gods Unchained game launched a new tournament mode that allows players to build a deck with random cards. Web3...
Grammy CEO clarifies AI Drake song ineligible for award over copyright issues
The Record Academy executive clearly stated that the track is “not eligible” and cited that the vocals were not legally...
Ponzi vs. pyramid schemes: What’s the difference?
Ponzi schemes promise returns generated from the money of future investors, while in pyramid schemes, income flows up through recruitment....
Polygon co-founder: $1B bet on ZK-rollups paying off
Polygon has allocated an estimated $1 billion on zero-knowledge technology underpinning its Ethereum scaling layer-2 solutions. Polygon co-founder Sandeep Nailwal...
SWIFT enrolls 3 central banks in CBDC interoperability beta test, expands sandbox
The bank messaging network has seen a dramatic increase in processing speed and is developing technology to connect CBDCs. Three...
Alibaba launches its ChatGPT-like AI model for public use amid loosening restrictions in China
The launch comes just weeks after Chinese authorities began accepting applications for public-facing AI systems. Alibaba announced that its proprietary...
EU parliament votes overwhelmingly in support of DAC8 crypto tax reporting rule
The measure received 535 votes for with 57 against and 60 abstentions in a plenary session. Lawmakers in the European...
Cosmos Hub upgrades to offer liquid staking
The upgrade introduces a liquid staking module, eliminating a 21-day locking period applied for unstaked ATOM tokens. Cosmos Hub, a...
Court approves sale of FTX digital assets
Assets will be sold off weekly, with special handling for BTC, ETH and "insider-affiliated tokens." The Delaware bankruptcy court has...
Paxos confirms it’s responsible for $500K mistaken Bitcoin transaction
The account that paid $500,000 to move $2,000 worth of Bitcoin was a Paxos server, the company stated. The account...
Google to allow NFT game ads, metaverse ‘hot’ in Asia: Nifty Newsletter
Google will allow NFT game advertisements that do not have any gambling or gambling services included within the games. In...
Ripple says security incident accelerated its acquisition of Fortress Trust
A multimillion-dollar security breach involving a third-party vendor hastened Ripple’s acquisition of Fortress Trust on Sept. 8. The takeover of...
