Nexon America, an online gaming company and a subsidiary of the South Korean gaming giant Nexon, announced Tuesday that it has started accepting a number of crypto assets for in-game purchases as part of a deal with major crypto payment processor BitPay…. Read More: Gaming Giant Nexon America Starts Accepting Bitcoin, Ethereum For In-Game…
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The Korean Stock Exchange-listed South Korean hydraulics firm Sewon E&C is in the final stages of sealing a deal with a major decentralized finance (DeFi) player over proposed crypto, non-fungible token (NFT), and metaverse collaboration…. Read More: Even This Hydraulics Firm Takes Crypto, DeFi, NFT & Metaverse Plunge Read more »Pay, Trade, Buy Bitcoin…
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Virtual sneakers and collectibles creator RTFKT is the latest entity to be acquired by a massive company on its way into the metaverse. Sportswear giant Nike announced Monday that it has acquired this virtual shoe company that leverages the blockchain technology with plans to create NFTs and sneakers for the metaverse. The company…
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Nike, the American multinational footwear and sports apparel company has announced the acquisition of a startup called RTFKT Studios, a firm that leverages non-fungible token (NFT) assets, blockchain authentication, and augmented reality. Nike says the acquisition will allow the company “to deliver next-generation collectibles that merge culture and gaming.” Nike Steps Into the Metaverse by…
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The hacked play-to-earn non-fungible token (NFT) platform Vulcan Forged, which offers over six blockchain games, a decentralized exchange (DEX), and an NFT marketplace, said it has refunded the majority of affected users from its treasury. The platform fell victim to a hack on Monday and lost around USD 140m…. Read More: Hacked Vulcan Forged…
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The Russian Central Bank has moved to bar financial firms in the country from engaging with crypto-related mutual funds. In a press release, the resolutely anti-crypto body, which also polices the domestic financial sector, announced it had created a draft directive, which it will listen to feedback on until December 27, 2021…. Read More:…
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Canadian actor and the star of the ‘Matrix Trilogy’ Keanu Reeves expressed skepticism about non-fungible tokens (NFTs) and digital ownership during an interview with The Verge. When asked about his view on NFTs and the concept of digital scarcity, Reeves said they can be easily replicated and laughed. While some in the crypto community…
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Brian Mittendorf, Fisher Designated Professor of Accounting, The Ohio State University, and Sean Stein Smith, Assistant Professor of Economics and Business, Lehman College, CUNY. ______… Read More: 4 Reasons Why Museums Aren’t Cashing in on NFTs yet Read more »Pay, Trade, Buy Bitcoin with Credit Card
On December 15, the non-fungible token (NFT) market platform Makersplace will drop an assortment of NFTs based on Tupac Shakur’s most well-known jewelry pieces. Makersplace and the NFT artists and curators Impossible Brief and Digital Arts & Sciences worked closely with Shakur’s estate in order to drop the NFT collectibles called “The Immortal Collection.”
Tupac’s…
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India’s protracted struggle with crypto-related legislation has taken yet another confusing turn, while a range of options appears to be on the table for a key meeting to be held today – with the crypto-skeptic Prime Minister Narendra Modi set to make a decisive call in the next few hours…. Read More: India’s Bollywood-Worthy…
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