Axie Infinity is conquering Southeast Asia, with merchants in the Philippines accepting Axie’s Smooth Love Potion (SLP) token as payments. Filipinos are using the in-game
Facebook is considering working on NFTs, says David Marcus, head of Facebook Financial and the Novi blockchain wallet. Facebook developers are building NFT-related features, allowing
Genesis Block HK, Asia’s leading over-the-counter (OTC) trading centre for digital assets, has won a prestigious award at the 2020 IFTA Financial Technology Achievement Awards
Visa announces its purchase of a CryptoPunk NFT for $150,000 in Ethereum (ETH), jumping into the NFT metaverse. The payment giant has purchased CryptoPunk #7610,
Bitcoin’s Lightning Network surpasses 25,000 active nodes for the first time. The Layer-2 product enables users to speed up transaction times and cut fees, driving
Japanese cryptocurrency exchange Liquid announces it was hit by hackers in a theft. The market expects the loss of the crypto hack to about $97
Crypto billionaire Sam Bankman-Fried (SBF) invests in MobileCoin, a crypto advised by privacy messaging app Signal’s founder, Moxie Marlinspike. The CEO of crypto exchange FTX
3 Hong Kong plans to accept customers’ payments in cryptocurrencies such as Bitcoin for monthly subscription fees. 3HK hosts an NFT exhibition, as part of
Tech giant Microsoft is looking to use the Ethereum blockchain to combat digital piracy. Microsoft is exploring an Ethereum-powered system, Argus, which is the “first
Prices for NFTs are skyrocketing as the big NFT craze returns to the crypto space. People are using thousands of dollars to buy everything from
Football superstar Lionel Messi is receiving part of the signing fee from Paris St Germain (PSG) in crypto fan tokens. With French football club PSG,
Cross-chain DeFi platform Poly Network was attacked, with the hacker draining about $600 million in Ethereum and other tokens. Unexpectedly, hackers are returning almost half
Cryptocurrency exchange giant Coinbase reports a jump in quarterly trading volumes and transaction revenue, with its earnings topping Wall Street forecasts. But Coinbase stock’s price
The USDC stablecoin giant Circle plans to become a “national digital currency bank”. Circle will operate under the supervision of the Federal Reserve, and various
The U.S. Senate is about to vote on the Biden administration’s infrastructure bill. The bipartisan infrastructure plan may introduce ‘disastrous’ changes to the cryptocurrency regulation,
The Ethereum blockchain will undergo its London hard fork upgrade. It contains EIP-1559—a network upgrade to rein in the volatile gas fees. What does it
U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler said he believes most crypto tokens and initial coin offerings (ICOs) violate U.S. securities laws. Gensler
Crypto financial service provider Matrixport has closed a $100 million Series C funding round with a valuation of over $1 billion. The round was led
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