Self-proclaimed Satoshi to pay US$100M in damages
A jury cleared Craig Wright of all but one charge in a civil trial brought by the estate of his alleged former business partner, David Kleiman.
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PBoC has established an e-CNY distributed ledger
But the head of the central bank’s digital currency research institute says issues remain such as technical standards for blockchain interconnectivity.
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Binance, Animoca Brands launch $200M investment program to accelerate GameFi startups
Binance Smart Chain (BSC) has joined hands with Animoca Brands — a Hong Kong-based blockchain gaming, metaverse and non-fungible token (NFT) company — to launch a US$200 million investment program to accelerate and incubate early crypto gaming startups built on BSC, according to a company statement released Monday. Fast facts Specifically, the duo are co-investing up to US$100 million…
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South China’s Hainan province hikes electricity fees on those who have mined crypto
On top of China, authorities in Russia and Ukraine are busting underground miners, while U.S. Senator Elizabeth Warren presses a New York miner.
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Binance chief CZ wants to bring business back to UK: report
Binance, the world’s largest cryptocurrency exchange by trading volume, is working to rebuild its operations in the U.K. after it was told to close down the business there back in June, the company’s CEO Changpeng Zhao, or CZ, told the newspaper the Sunday Telegraph. Fast facts CZ told the local press the company is making…
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Japan’s Elemental Knights Online game to release play-to-earn metaverse version
Japan’s mobile game Elemental Knights Online is planning to release Gensokishi Online -META WORLD-, which is its newest version incorporating elements of play-to-earn, user-generated NFTs (non-fungible tokens), and the metaverse. Fast facts Gensokishi Online’s “Meta World” metaverse will allow players to purchase land and freely edit in their creations, such as buildings and characters. The…
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Bored Ape Yacht Club artist exhibits new NFT collection at Art Basel Miami
The lead artist behind the breakthrough non-fungible token series “Bored Ape Yacht Club” (BAYC), known as All Seeing Seneca, has released a new set of NFTs over the weekend at Dfinity’s Iconoclast gallery event at Art Basel Miami, according to the artist’s Twitter profile. Fast facts With over US$1 billion in sales attributed to the…
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Global markets downturn hits crypto as well; BTC trading below $50K
For the second weekend in a row, markets were hit with a massive shock due to external factors. Market watchers weigh in on price movements and what to expect.