Echoes of El Salvador as Malaysian minister calls for crypto adoption
Top blockchain and crypto news: Bitcoin buzz in Malaysia. Yuga Labs teases Otherside. Blockchain verdict in China.
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Fusang delays security-token IPO amid market jitters
Conflict in Ukraine takes a toll on Malaysian exchange’s $10 million IPO just a week before planned listing.
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‘We may create another kind of elite,’ Animoca chairman warns
Blockchain gaming unicorn Animoca Brands co-founder and executive chairman Yat Siu said Web 3.0 needs rapid adoption in order to become more decentralized at Australia Blockchain Week in Melbourne on Wednesday. See related article: FTX heads Down Under as Australia looks to crypto industry Fast facts “If people don’t move into the space quickly enough,…
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Ethereum Classic surges on 79% weekly rally
Ethereum Classic (ETC) is leading the crypto market’s weekly rally by gaining 79.2% over the past seven days, a time frame in which all but five non-stable tokens in the top 100 by market cap landed in the green. See related article: How Ethereum Classic’s 51% attacks reveal risks to Bitcoin and Ethereum Fast facts…
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Apes Gone Wild! BAYC ‘selling like crazy’ amid otherwise sluggish NFT market
Strong sales from leading NFT series may be a sign the market is maturing as investors become more discerning, observers say.
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BAYC creator Yuga Labs raises valuation to $4B
Bored Ape Yacht Club creator Yuga Labs announced on Wednesday Asia time that it has raised US$450 million in a funding round, bringing the Web 3.0 company to a total valuation of US$4 billion. See related article: The future is decentralized: How Web3 can reshape the world Fast facts The funding round was led by…
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FIFA, Crypto.com set Qatar World Cup sponsorship deal
Adding to its ambitious roster of sports sponsorships, Crypto.com will be the exclusive cryptocurrency trading platform backing the Qatar World Cup after bagging the deal for an undisclosed amount, the international soccer association announced on Wednesday, Asia time. See related article: Crypto.com discloses details of US$34M hack Fast facts Singapore-based Crypto.com stands to gain massive…
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How DeFi can lift up the poor in emerging markets
Traditional banks are failing the nearly 2 billion people in the world without access to financial services, writes Khalid Howladar. But DeFi can be a lifeline.
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BSN, China Mobile support local NFTs with new chain launch
China’s state-backed Blockchain-based Service Network (BSN) has announced the addition of “Zhong Yi Chain,” developed by telecommunications giant China Mobile, to its open permissioned blockchain ecosystem to bolster the growth of home-grown non-fungible tokens (NFTs). See related article: BSN to integrate CasperLabs’ chain to support NFT issuance in China Fast facts The new chain serves…
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How an 11-year-old programmer created his own NFT minter
Inspired by the success of Beeple, Miguel Wang created CryptoTigers to generate pixelated tiger images for the Year of the Tiger.