Tag: Blockchain

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California governor issues blockchain executive order building on US President’s regulatory efforts

“We’re getting ahead of the curve on this, laying the foundation to allow for consumers and business to thrive,” said California Governor Gavin Newsom. Gavin Newsom, the governor of California, has signed an executive order aimed at harmonizing a regulatory framework for blockchain between the federal government and the U.S. state as well as spurring…
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Polkadot Becomes a ‘Fully Interoperable Multichain’ With the Launch of its Cross-Consensus Messaging Format

  Popular blockchain protocol Polkadot (DOT) has launched its messaging system XCM (cross-consensus messaging) to enable communication between its various parachains and allow assets like non-fungible tokens (NFTs) to be transferred from one chain to another. With the launch of this format, Polkadot fulfills its foundational objective to be a fully interoperable multichain ecosystem, the…
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Square Enix to sell Tomb Raider franchise and invest in new initiatives such as blockchain

The Japanese video game publisher has already made grounds in the adoption of nonfungible tokens and expects metaverse technology to grow significantly. In a statement published on Monday, Japanese video game publisher Square Enix announced that it would be divesting its popular Tomb Raider franchise for $300 million and investing the proceeds into blockchain, artificial…
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Former Nintendo President Believes Gaming Experiences Could Benefit From Blockchain And ‘Play to Earn’ Models

Reggie Fils-Aimé, the former president of Nintendo of America, has offered his take on blockchain and play to earn models when applied to the gaming industry. The executive declared that he was a big believer in blockchain technology, and that players investing their time in games should be able to monetize whatever items they had…
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Another Solana Outage Shows That Price Impact Is Minor

  After at least 9 days with reported outages so far in 2022, the price of solana (SOL), the 7th largest cryptoasset by market capitalization, does not appear overly affected by the network troubles, with prices for the most part staying rangebound between USD 80 and USD 120 since late January. At 12:25 PM UTC,…
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Is Web3 like playing Minecraft?

Web3 is coming. Are you ready for it? Use the newest version of the internet and expand your whole online experience. How to use Minecraft to understand Web3? Minecraft makes the transition from analog block building to an immersive gaming experience rather easy and playful. Users can turn the Minecraft experience into whatever they want…
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Robinhood makes significant strides in crypto business in Q1 despite falling revenue

The popular discount brokerage listed four trending tokens in Q1 2022. On April 28, discount-brokerage platform Robinhood published its financial results for the first quarter of 2022. Year-over-year, the firm’s net revenue declined by 43% to $299 million. Specifically, revenue from cryptocurrency trading fell by 39% to $54 million during the same period. This was…
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Collection of South African Fine Wine Sold as NFTs

Collections of South Africa’s fine wines were recently sold as non-fungible tokens (NFTs) with one lot being sold for $79,000. Immediately following the auction, two lots were reportedly paid for using bitcoin. Lots Exceed Estimates Collections of fine wines made by some of South Africa’s leading producers have been sold as non-fungible tokens (NFTs) in…
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‘Hyper-deflationary’ network launches mainnet amid rising inflation

The AXIA native cryptocurrency becomes scarce as the activity or participation on the network increases. AXIA, the team behind the novel message-to-earn approach of AXChat, announced the mainnet launch of its blockchain and native currency on Thursday. The new network is designed to provide a “hyper-deflationary” economic model in which the cryptocurrency becomes more and…
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Liverpool FC Mull Bid to Ditch TradFi for Crypto Firm in Shirt Sponsorship Deal

  Liverpool FC has reportedly held talks with at least two crypto-related firms, thought to be a major international exchange player and a blockchain operator, over a deal that could see a crypto firm’s name on the front of its first team shirts from next year…. Read More: Liverpool FC Mull Bid to Ditch TradFi…
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