An attempt to assuage Axie Infinity players miffed by falling earnings isn’t turning out too well for developer Sky Mavis, Forkast learns, as loyalists bemoan it may be too little, too late.
Indian cryptocurrency exchange CoinDCX’s latest funding comes as investors double down on the country’s potential to emerge as the world’s top market despite government apathy. See related story: CoinDCX’s Sumit Gupta on CBDCs, regulation and India’s potential for crypto in 2021 Fast facts Series D funding was led by Pantera and Steadview Capital, the company…
State-owned broadcaster China Central Television (CCTV) ‘s online branch will launch a new NFT series on Thursday to celebrate the seventh China Space Day. See related article: China’s industry lobbies join NFT bashing chorus Fast facts CCTV’s first NFT collection was issued for free during Chinese New Year on Tencent’s blockchain. The second batch was…
Binance has entered into a joint venture agreement in collaboration with billionaire Sarath Ratanavadi’s Gulf Energy Development to set up a crypto exchange in Thailand. See related article: Binance wins Abu Dhabi nod for another MENA outpost Fast facts Once the joint venture is established, it will apply for a digital asset exchange license with…
The U.S. Federal Bureau of Investigation (FBI) and the Department of the Treasury allege North Korea’s Lazarus Group and APT38 were responsible for stealing cryptocurrencies worth about US$620 million off the Ethereum sidechain Ronin. See related article: Axie Infinity blockchain Ronin hacked for over $600M Fast facts The hack was perpetrated by the Democratic People’s…
Andre Cronje, former Fantom Foundation technical adviser and Yearn.finance founder, resurfaced Monday after announcing his departure last month. See related article: DeFi wizard Cronje’s departure sends TVL sinking Fast facts In a “Crypto is dead. Long live Crypto” post, Cronje says regulations will protect cryptocurrencies. “It’s like a child trying to stick their finger into…
NFT technology became famous for $69 million digital art, but what will change the world are its myriad practical uses, writes Jan Hartmann of Banxa Labs.
The cryptocurrency market returned strong from the Easter holidays with Terra LUNA leading major coins with an 18.5% rebound to trade at US$91.43, on Tuesday morning Asia time. See related article: Is Terra — whose LUNA coin is now at another all-time high — really where the smart money is? Fast facts Terra reached its…