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Solana Ventures sets up $100M fund for GameFi and DeFi in South Korea

The new fund is intended to support the growth of NFT, gaming, and DeFi projects on Solana and to help keep former Terra developers on their feet following Terra’s fall. Solana Ventures and the Solana Foundation have formed a $100 million fund to help support the growth of nonfungible token (NFT), blockchain gaming and decentralized…
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Myria Has Announced Free-to-Claim Alliance Sigil NFT for All New and Existing Community Members

PRESS RELEASE. June 8, 2022: Myria Studios, the blockchain gaming division of Myria, announced that the company is rewarding its community members with its inaugural NFT drop — a free-to-claim Alliance Sigil NFT. For a limited time, all new and existing Myria community members can claim the exclusive NFT for free. The Alliance Sigil…
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Philippines Crypto Wallet Service Provider Coins.ph Partners With the PBA

Another digital currency firm is making moves into the sports world as the Philippines crypto wallet service provider Coins.ph announced the company has partnered with the Philippine Basketball Association (PBA). The deal is the PBA’s first crypto partnership during its 47th season and the Coins.ph brand will be showcased at the premier tournament during the…
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Indian Regulator: Crypto’s Decentralized Nature Makes Regulation Challenging

India’s market regulator, the Securities and Exchange Board of India (SEBI), says the decentralized nature of crypto assets makes consumer protection and regulatory enforcement challenging. SEBI on Crypto Regulation The Securities and Exchange Board of India (SEBI) reportedly told the Parliamentary Standing Committee on Finance that the decentralized nature of crypto assets makes any…
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Unity CEO Predicts Websites Will Mutate to Metaverse Destinations Before 2030

John Riccitiello, CEO of Unity, one of the leading real-time 3D engine providers, has predicted that the internet will become part of the metaverse in the next several years. The executive predicted that most websites will become metaverse destinations and that this change will be mostly completed by the year 2030. However, legacy sites will…
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With Crypto Regulation Imminent, How Should Industry Leaders Prepare?

  Stephen Stonberg, CEO of Bittrex Global, a crypto exchange.______… Read More: With Crypto Regulation Imminent, How Should Industry Leaders Prepare?  Read more »Pay, Trade, Buy Bitcoin with Credit Card

Metaverse tokens up 400% year on year despite altcoin bloodbath

A new report from Kraken Intelligence reveals that Metaverse tokens were one of only two categories of crypto that saw year-on-year growth in prices. Metaverse tokens are vastly outperforming every other crypto category in the current bearish condition, up by nearly 400% year-on-year. Leading the gains are Decentraland (MANA) up 41%, Sandbox (SAND) up 470%,…
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Digital Real Will Be Used by Banks in Brazil as Collateral to Issue Their Own Stablecoins

The Brazilian central bank digital currency (CBDC), the digital real, will be more of a wholesale asset instead of a public retail-focused token, according to statements from the president of the Central Bank of Brazil, Roberto Campos Neto. Campos Neto indicated that private banks in the country will be able to issue their own stablecoins…
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SpartaCats Troll DOGE With Billboard Near SpaceX Office

PRESS RELEASE. SpartaCats, a novel meme-coin project based on BNB and the Everscale blockchain network, put up a digital billboard advertisement in Hawthorne, California, near the headquarters of Tesla and SpaceX. In the ad, you can see an image of cats taking off in a rocket, leaving behind a smoking dog. Next comes an image…
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