News

PUBG Creator Krafton Taps Solana for NFT Games
PUBG Creator Krafton Taps Solana for NFT Games

PUBG game creator is set to create games on the Solana blockchain. Krafton and Solana Labs will develop NFT games and make investments together. Other formidable traditional game developers are investing into crypto space. Krafton, the creator of the massive franchise video game PUBG, signed an agreement with Solana Labs to mutually develop blockchain and NFT-based games to run on the Solana system. The developer said they are to hold their game-building experience in the web3 space. The success of blockchain and play-to-earn (P2E) games has sparked interest from well-known developers to make a move in the crypto space. Solana

NFL Superstar Tom Brady Calls Vitalik Buterin “GOAT”
NFL Superstar Tom Brady Calls Vitalik Buterin “GOAT”

Vitalik Buterin said he didn’t know Tom Brady and thought he’s Tom Cruise, the actor from Mission Impossible. The NFL legend who’s into cryptocurrency shared that he is a fan of Vitalik Buterin. Brady’s NFT platform called Autograph would not exist without Vitalik Buterin’s work. Ethereum creator Vitalik Buterin said he mistakenly thought that Tom Brady was the actor of Mission Impossible. This happened after people harshly compared Buterin as a neglected version of the American football legend’s appearance. But, Brady, who’s into cryptocurrency, expressed his appreciation of Buterin. Recently, Buterin has graced the cover of Time Magazine encompassed by

Ether Exceeds $3,000 After Struggling in Last 2 Weeks
Ether Exceeds $3,000 After Struggling in Last 2 Weeks

Ether reached $3,000 after struggling since the last two weeks. After a short spike early this month, ETH went up and down at $2,400-$2,800. Crypto research firms are very bullish with ETH movement. Ether (ETH), the second most valuable cryptocurrency by market capitalization in the world, surpassed $3,000 for the first time since March 2. During March, ether has mainly wandered around $2,400-$2,800. That is, except for the short spike above $3,000 early this month and today’s climb. At the time of writing, ETH is running at around $3,012, portraying a 5.8% growth in the last 24 hours. This movement

What Is ApeCoin? Benefits, Use Cases, and More
What Is ApeCoin? Benefits, Use Cases, and More

ApeCoin is a newly launched Ethereum token with Bored Ape Yacht Club NFT project as its roots. Bored Ape and Mutant Ape NFT owners were given thousands of ApeCoin for free. ApeCoin potentially be used by a wide group of businesses and projects. Last week, a decentralized autonomous organization called ApeCoin DAO launched ApeCoin crypto tokens. ApeCoin is an Ethereum-based token that works as a utility and governance token of the Bored Ape Yacht Club, a collection of 10,000 unique bored ape artworks NFT project of Yuga Labs. What Is ApeCoin? ApeCoin is an official creation of ApeCoin DAO and

US Treasurer: Crypto for Evading Sanctions ‘Not Enough’
US Treasurer: Crypto for Evading Sanctions ‘Not Enough’

Neille Liang indicated that the crypto market is still undeveloped to be used to evade sanctions in a large-scale way. Senator Elizabeth Warren presented a bill to ensure Russia not to undermine economic sanctions. President Joe Biden signed an executive order on crypto regulation last week. Neille Liang, Treasury undersecretary for domestic finance, stated that the crypto market is too small to run an economy on. In addition, Liang said the crypto environment is still undeveloped to successfully aid sanctions evasion for Russia. At an interview with Reuters on Friday, the Treasury undersecretary said: “The transaction size we’ve seen is

Decentraland’s Metaverse Fashion Week Is Off To a Sparkly Start 
Decentraland’s Metaverse Fashion Week Is Off To a Sparkly Start 

Decentraland’s Metaverse Fashion Week has officially begun.  Over 70 brands, artists, and designers and making an appearance. Many are luxury brands that see the potential of the metaverse. Decentraland’s Metaverse Fashion Week (MVFW22) has officially begun. The world of fashion steals the spotlight in the metaverse. A glittering line-up makes its appearance at the MVFW22. Specifically, the show will go on for 4 days — March 23 – 27.     In particular, the line-up includes luxury brands such as Estée Lauder, DKNY, Dolce & Gabbana, Tommy Hilfiger, Hogan, Selfridges, AUROBOROS, and Philipp Plein. To add on, other popular brands like Vogue

Cardano (ADA) Price Returns to $1. Will Support Hold?
Cardano (ADA) Price Returns to $1. Will Support Hold?

Cardano (ADA) price is back to $1 after over 30 days of trading below this line. ADA formed a Double Bottom pattern. The next 2 to 3 days will determine whether ADA has flipped the $1 resistance into support. After a month of trading below $1, Cardano (ADA) has finally retaken the highly strategic price level. As of the time of writing, ADA price is at $1.07, which is a surge of 33.8% from the last 7 days, according to CoinGecko. As seen on the chart above, ADA price has maintained three consecutive green candlesticks, signifying a surge in price

Crypto.com to Match Ukraine Donations During Oscars
Crypto.com to Match Ukraine Donations During Oscars

Crypto.com will partner with Red Cross to match crypto donations for Ukraine. The partners will announce the details of the campaign at the Oscars 2022. Meanwhile, Ukraine has partnered with FTX to launch Aid for Ukraine.  Despite the dying fanfare in the crypto community for donations directed to Ukraine, Crypto.com announced that it will be launching a special donation drive in partnership with the International Committee of the Red Cross. According to a Twitter post by CEO Kris Marszalek, Crypto.com will match donations for Ukraine. Details of its donation campaign will be announced during the crypto exchange’s airtime at the

Coinbase To Give Away $1M for Upcoming India Pitch Day
Coinbase To Give Away $1M for Upcoming India Pitch Day

Coinbase is giving away $1 million to promising Indian Web 3.0 startups. The giveaway will happen during India Pitch Day on April 8. Meanwhile, Coinbase stock (COIN) is down 60% from its 52-week high. Publicly traded crypto company Coinbase announced its upcoming Pitch Day, which will be held in Bangalore, India on April 8.  For the event, Coinbase has partnered with startup accelerator group Buidlers Tribe. Together, the partners will give up to $1 million in funding to promising Web 3.0 startups via Coinbase Ventures. Interested applicants can visit here for more details. Panelists will compose of some leading executives

Australia to Regulate Crypto With Digital Services Act
Australia to Regulate Crypto With Digital Services Act

Australia will regulate cryptocurrency through its Digital Services Act. The law will focus on crypto tax, investor protection, and regulation for exchanges, brokers, etc. FTX also announced that it will open its office in Australia. Australia is mulling over the possibility of launching its own cryptocurrency regulation in a move to keep abreast with other nations. Named the Digital Services Act, this aims to consolidate all reforms put forth by the country’s legislators since late last year. Also, according to various reports, the law will focus on crypto tax, investor protection, and regulation for exchanges, digital banks, and brokers. Financial

Universal Music Group Buys Bored Ape NFT for $360K
Universal Music Group Buys Bored Ape NFT for $360K

Universal Music Group spent $360,817 for Bored Ape #5537. The ape’s purpose was to be the head of KINGSHIP, a digital music group. The music company has been preparing for Web3. As reported by Reuters Universal Music Group (UMG.AS) has obtained a Bored Ape NFT. This will be the head of a digital music band made of NFT characters.  In November, the company collaborated with Bored Ape Yacht Club to create “KINGSHIP,” a virtual NFT band. Last month, the multibillion-dollar music company and Curio, an NFT platform, formed a partnership to produce digital artifacts for artists. Earlier in March, Universal

CEO of Galaxy Digital Says Bitcoin Price Will Hit $500K
CEO of Galaxy Digital Says Bitcoin Price Will Hit $500K

The CEO of Galaxy Digital — Mike Novogratz, says Bitcoin price will hit $500,000. Specifically, he hopes to see this value for Bitcoin in 5 years’ time.  He says Bitcoin is a good alternative for nations with poor stewardship of the economy. Galaxy Digital’s CEO — Mike Novogratz, supports the use of Bitcoin. Above all of Bitcoin’s perks, he highlights that it is the likely alternative to people in nations with weak stewardships of the economy.  That is to say, he believes Bitcoin to be a lifeline for citizens in countries with poor intermediaries of the economy. Overall, he believes