The gaming industry is poised for a significant transformation in 2024, with blockchain games expected to take the lead. Metacade, a key player in this revolution, has recently announced strategic partnerships, aiming to create a unified platform for gamers, developers, and investors.Yat Siu, the executive chairman of Animoca Brands, has predicted a resurgence of blockchain […]
Binance, the world’s leading cryptocurrency exchange by trading volume, has announced the delisting of nine spot trading pairs from its platform. The pairs include LTC/UAH, FLOKI/TUSD, COS/BNB, COTI/BNB, MULTI/BTC, among others. The decision, which will take effect on January 12, is part of the company’s routine reviews aimed at maintaining a high-quality trading market and […]
Ripple CEO Brad Garlinghouse has criticized social media platforms and regulators for their slow response to a rise in sophisticated XRP-related scams. The company’s frustration is due to a recent deepfake video featuring a highly realistic AI version of Garlinghouse promising airdrops and doubling investors’ XRP holdings.The deepfake video, promoted as an ad on a […]
BitGo, a crypto custody business, has received in-principle approval from the Monetary Authority of Singapore (MAS) for a Major Payment Institution (MPI) license. This approval allows BitGo to operate and provide digital payment token services to clients in Singapore while awaiting a full permit.According to the MAS, MPI-licensed firms can conduct payment services without being […]
The gaming industry is poised for a significant transformation in 2024, with blockchain games becoming the main focus. Metacade, a key player in this revolution, has announced partnerships that are shaping a unified platform for gamers, developers, and investors. The company has outlined its roadmap for 2024, which includes substantial upgrades to its main platform, […]
Asset management firm Icosa has commenced operations, with a primary focus on investments in catastrophe bonds. Icosa, based in the canton of Schwyz, has recently launched. In its initial phase, the financial company has established a UCITS strategy in partnership with MRB Fund Partners, providing access to investments in catastrophe bonds. These ‘Cat Bonds’ allow […]
PayPal’s PYUSD stablecoin, trailing behind more established stablecoins such as USDT and USDC, is turning to DeFi to boost its liquidity. In December, PYUSD activated the Curve automated market maker and is now seeking deployment on Aave.PayPal’s entry into the stablecoin ecosystem with PYUSD generated significant buzz as it marked the first time a major […]
The competition among EVM chains to provide the best DeFi experience is intensifying. EOS Network Ventures (ENV) has recently announced a significant investment in decentralized finance with the aim of enhancing the EOS EVM chain. NoahArk Tech Group, a DeFi developer with an existing presence on the EOS EVM, has been granted $2.4M. The EOS […]
Blackrock, the world’s largest asset manager, is planning to make job cuts in response to changes in the business. However, certain areas are expected to continue growing. The Blackrock management has announced layoffs in an internal memo, affecting around 600 employees or about 3% of the global workforce, as reported by news agency Bloomberg, citing […]
The situation in Inner Switzerland is teetering on the edge of a financial disaster of unprecedented scale. Major shareholder Spuhler appears unwilling to inject fresh capital, exacerbating the crisis.In Lucerne, the situation is coming to a head just before the carnival season. According to an insider, a deferral of bankruptcy or even worse is no […]
