The Indian government is gearing up to implement comprehensive regulations for the cryptocurrency sector, as reported by local media on August 22. This move signifies a significant step towards establishing a regulatory framework for digital currencies in the country. The upcoming plan involves releasing a consultation paper in the coming weeks to gather feedback from
Developing
Core Scientific, a prominent Bitcoin mining company based in Texas, recently announced an upsized offering of $400 million in convertible senior notes due in 2029. Originally set at $350 million, the increase in offering size was attributed to favorable market conditions. The notes, scheduled to settle on August 19, 2024, will be issued privately to
Upland, the virtual property trading game, recently made waves with the addition of Paris to its Metaverse. This expansion allowed players to own and develop virtual properties in one of the most famous cities in the world. The introduction of Paris created a buzz among the Upland community, with 75% of properties being snatched up
Unioverse, a popular sci-fi franchise and gaming platform, is making waves once again with the launch of its latest game, Hoverdrome. This new gaming experience promises to blend the excitement of Mario Kart and Rocket League, setting itself apart as a top-tier action-packed adventure in the world of Web3 gaming. Gameplay and Innovation Hoverdrome’s gameplay
SBINFT has recently relaunched its NFT marketplace, SBINFT Market, with a complete makeover for its users, including enhanced features and improved UI/UX. The platform now hosts various NFT collections tailored for Web3 communities, aiming to enhance the experience for partners and collectors alike. One of the key objectives of the upgraded SBINFT Market is to
Ordlify, a no-code platform tailored for developing Bitcoin Ordinals collections, has recently announced its partnership with Magic Eden, a leading cross-chain NFT marketplace. This collaboration aims to enhance the overall experience for creators and collectors alike within the Bitcoin Ordinals ecosystem. By leveraging the Ordlify Creator Studio, artists and creators can now seamlessly design, manage,
Pluto Studio, the GameFi publishing platform behind Catizen, has recently secured an investment from Binance Labs. This strategic partnership is set to bring major fund injections for ongoing initiatives on the Pluto Studio platform. The partnership aims to solidify the studio’s vision to lead the next wave of Web3 gaming. Part of the funds will
The partnership between Akedo Games and the TON ecosystem marks a significant milestone in the world of blockchain gaming. This collaboration has the potential to revolutionize the gaming space, offering new and innovative gameplay experiences in a decentralized environment. The TON blockchain ecosystem provides developers with access to a massive user base of over 900
In a recent development, the Securities and Exchange Commission (SEC) has officially closed its investigation into Hiro Systems and the Stacks blockchain without recommending any enforcement action. This investigation, which spanned over three years, has been a significant chapter in the history of the Bitcoin Layer-2 network. The investigation was initiated following the first-ever SEC-qualified
In a bid to bolster security within the cryptocurrency industry, Kraken recently announced its collaboration with other major players to co-found the Blockchain Security Standards Council (BSSC). The purpose of this nonprofit organization is to establish uniform security standards across the crypto sector, with the goal of addressing critical security threats such as fraud, nation-state