Search Results for “NFT” – Page 168

Animoca Brands holds $15.9B in digital assets at end-November

Animoca Brands — a Hong Kong-based blockchain gaming, metaverse and non-fungible token (NFT) company — said it held US$15.87 billion worth of digital assets at the end of November, reflecting robust growth in its metaverse business units. Fast facts Animoca Brands said in a statement released Wednesday that in the first three quarters of this…
OpenSea CFO dismisses IPO talk after community backlash

New OpenSea chief financial officer Brian Roberts has clarified that the company is not actively planning for an initial public offering, days after his comments riled the OpenSea NFT community. Fast facts In a tweet on Wednesday, Roberts wrote: “There was inaccurate reporting about @OpenSea’s plans. Let me set the record straight: there is a…
S. Korean blockchain VC Hashed under tax investigation as CEO denies tax evasion

South Korea’s National Tax Service (NTS) recently launched an intensive tax investigation into blockchain and crypto venture capital firm Hashed, while its CEO denies any involvement in slush fund raising or tax evasion, according to local media reports. Fast facts Hashed confirmed that it had cooperated with the 4th Bureau of Investigation from the Seoul…
What is ENS (Ethereum Name Service) and how does it work?

ENS allows for a readable username that is portable across dApps and blockchains. Why is it important for the Web 3.0 world? Forkast.News explains.
Japanese crypto firms team up to form a metaverse association

Four of Japan’s virtual currency firms established the Japan Metaverse Association (JMA) yesterday with aims to promote metaverse technology and improve the framework for implementing user protection measures. Fast facts The Japan Metaverse Association aims to help the country become a forerunner in the race toward the metaverse by collecting and sharing essential information from…
Meta says South Korea is top-tier environment for the metaverse

Meta’s South Korea representative says the country has one of the best environments for the metaverse business to thrive in, at its first press conference in Korea after rebranding from Facebook. Fast facts At Meta Korea’s VR (virtual reality) art media showcase, Jung Ki-hyun, the country director, said South Korea is accommodating to the metaverse…
Manny Pacquiao launches esports team in midst of presidential campaign

‘Team Pacquiao GG’ may be coming soon to League of Legends and Axie Infinity. But whatever happened to the former pro boxer’s Pac token?
BIS: DeFi has few real-economy uses, says ‘decentralization is an illusion’

With suitable regulation in place, DeFi could yet play an important role in the financial system, BIS suggests.
OpenSea’s 1st CFO wants to take company public, but some users are not happy

Brian Roberts, who recently resigned from ride-sharing firm Lyft, has become the first CFO of OpenSea and is charting a course for its initial public offering, according to a Bloomberg report. Fast facts Roberts, who previously worked at Microsoft and Walmart, is set to step down after a seven-year stint at Lyft. Roberts will, however, continue…
Can Thailand emerge as a ‘crypto-positive’ travel destination?

Tourism officials want to attract more crypto-wealthy travelers to Thailand’s shimmering shores. But will the crypto faithful come if Thailand still has a ban on SHIB and Dogecoin?