Gameplay Galaxy, a promising player in the blockchain gaming sector, has recently secured an impressive $11.17 million in a seed extension round. This round, co-led by Blockchain Capital and Merit Circle, has propelled the company’s total valuation to $71 million and total funding to $24 million. The primary focus of this funding round is to
Benefits
The European Union’s regulatory structure is viewed as a hindrance to artificial intelligence (AI) innovation by Meta CEO Mark Zuckerberg and Spotify CEO Danie Ek. They highlight the fragmented nature of the EU’s AI regulatory framework, which they believe is impeding the progress of businesses in the region. According to them, the lack of clear
Recently, Ripple made headlines by announcing its plans to launch a stablecoin named Ripple USD (RLUSD) on both the XRP Ledger and Ethereum platforms. This move is intended to bridge the gap between the cryptocurrency industry and traditional finance, according to Ripple’s CEO Brad Garlinghouse. In a recent development, Ripple minted the first batch of
Coinbase has made an announcement regarding its support for the Ethereum layer-2 network, specifically for the planned token upgrade from MATIC tokens to the new Polygon Ecosystem Token (POL). Scheduled to begin on Aug. 26, the migration from MATIC to POL aims to streamline transactions on the network and enhance user experience. During the migration
Aethir and Return Entertainment have come together to offer a new and innovative cloud-based gaming experience right in your living room. Bringing together Aethir’s enterprise-grade GPU services and Return Entertainment’s streaming platform, this partnership aims to provide cinematic scalable gaming adventures on TVs. This collaboration is not just limited to gamers but also benefits streaming
The Democratic National Committee recently released its 2024 Party Platform, outlining their upcoming political priorities for the next election. Surprisingly, the platform made no mention of Bitcoin, crypto, or blockchain, leaving many in the industry concerned about the party’s stance on digital assets. Instead, the focus was on issues like lowering housing costs, tackling climate
The Nigerian Federal Inland Revenue Service (FIRS) is set to implement new legislation aimed at taxing the rapidly growing crypto sector in the country. This decision was revealed by FIRS Executive Chairman Zacch Adedeji during a meeting with the National Assembly’s Finance Committees. The primary objective of this new regulation is to stimulate economic growth
Norway, a country with a population of nearly 5.5 million, has made significant investments for its citizens totaling around $1.7 trillion. A portion of these investments is held in Bitcoin stocks, and the government has recently increased its holdings in the cryptocurrency. In fact, Norway now indirectly owns 2,446 BTC through its investments in crypto
Cryptocurrency journalism is a niche field that requires a deep understanding of the complexities and intricacies of blockchain technology. Semilore Faleti, a dedicated cryptocurrency writer, has proven himself to be a valuable asset in this fast-paced industry. With a keen focus on educating and informing his audience, Semilore has established himself as a trusted source
In a recent ruling by the United Arab Emirates court, cryptocurrencies have been recognized as a mode of salary payment, significantly impacting employment contracts in the region. The ruling by the Dubai Court of First Instance marks a shift in the traditional approach towards cryptocurrencies and highlights the increasing adoption of digital assets in the