Bilibili, a video streaming platform popular with China’s Generation Z, Thursday announced a batch of Ethereum-based non-fungible tokens (NFTs) for sale overseas. See related article: Resist the temptation on NFTs, Chinese state-backed developer says Fast facts Bilibili said the NFTs will be a series of auto-generated characters with different features such as faces, clothes, skin…
Flipkart, the Indian e-commerce marketplace, plans to explore Web 3.0 and metaverse use cases including non-fungible-tokens, virtual storefronts, play-to-earn and other blockchain technologies under its new initiative, Flipkart Labs, the company said. See related article: Chinese e-commerce giant JD.com offers NFTs despite state media criticisms Fast facts Flipkart Labs, based in Bengaluru, will also serve…
Goldman Sachs Group Inc. offered its first Bitcoin-backed loan, setting another milestone in Wall Street’s cryptocurrency adoption, Bloomberg reported on Friday. See related article: Crypto milestone on Wall St.: Goldman Sachs makes OTC Bitcoin trade Fast facts The cash loan’s Bitcoin collateral was owned by the borrower, according to the Bloomberg report. The banking giant…
ApeCoin (APE) set a new high at US$26.70 on Friday morning Asia time, and is now the largest metaverse token by market cap, ahead of the launch of the Otherside on Saturday. See related article: What is ApeCoin and How It Made The Bored Apes Richer Fast facts The APE ecosystem’s governance token was trading…
The Seoul Central District Prosecutor’s Office has indicted a local executive from a cryptocurrency investment firm and an active-duty military officer for violating the National Security Act by leaking military secrets to a North Korean hacker in exchange for Bitcoin and other cryptocurrencies, according to the prosecutor’s investigation report shared with Forkast. See related article:…
Regulating crypto will take time to ensure the government takes a considered approach, Indian finance minister Nirmala Sitharaman said at Stanford University on Wednesday. See related article: Indians see future in crypto, government sees revenue, FM says Fast facts “We recognize that there is a lot of potential and already well-grounded progress made in the…
More state departments in China are embracing NFTs, with tax bureaus in Shanghai and Chengdu releasing tokens based on Tencent’s blockchain. See related article: ‘Voice of April’ NFTs highlight Shanghai’s struggles amid harsh lockdown Fast facts Shanghai will drop 2,000 NFTs themed on its tax office mascot on Friday. Chengdu’s tax office dropped 1,000 NFTs…
Bangko Sentral ng Pilipinas (BSP) will launch a wholesale central bank digital currency (CBDC) pilot project, coined CBDCPh, as part of its efforts to promote the stability of the country’s payment system. See related article: Report: Stablecoins, CBDCs may not resolve financial inclusion, international remittance challenges Fast facts The central bank’s pilot will test the…