Blockchain / Crypto

Animoca Brands and Cube Entertainment (Cube Ent) announced a joint venture for the purposes of building a music metaverse, and issue non-fungible tokens (NFTs) and ecosystem tokens based on the intellectual property rights of Cube Ent’s globally popular K-pop music artists and actors.

With the Series A funding by Gain Loyal, Sparrow also aims to attract talent in risk management, trading, technology, and operational excellence. It will also improve its KYC, AML, and CFT regulatory framework and continue to grow its workforce across all its functions.

As a means of payment, cryptocurrencies are forbidden according to Shariah law because they carry elements of uncertainty and harm, and are in violation of state laws.

Data ownership, censorship, control--these are challenges that NFTs have the opportunity of solving, thus shifting away from a “feudal” model of gaming wherein the platform owns the content.

Tokai Tokyo Financial Holdings and ADDX has announced a new partnership to offer fractional private market investment products to investors in Japan, after Tokai Tokyo secured a security tokens license from the Japanese regulator.

Forza Ikonia has previously pioneered the concept of Emotion NFTs to illustrate the emotional experiences of athletes during important moments. The first release was by tennis legend Björn Borg and Ikonia has upcoming drops with several top-tier sports stars. Other near future projects include esports teams and influencers. The goal is to become the Y…

The metaverse is expected to see the rise of a multitude of digital and online platforms and services. One specific sub-sector here that merits attention is that of Decentralized Exchanges (DEX). While digital currency exchanges have experienced setbacks over the years, they continue to grow and gain more users.

Under the deal, SCB’s affiliate SCB Securities Co., Ltd. (SCBS) will become Bitkub’s major shareholder and will be responsible for driving and engaging closely with the company as a business partner in building a business and digital asset ecosystem whereby digital asset exchange will become one of the nation’s key infrastructure segments to achieve further…

The investment will enable the company team to scale the platform’s growth as a prime entertainment destination where brands, IPs, and celebrities can engage with their fans through virtual experiences including games, live performances, and social experiences.

With every transaction being recorded on distributed ledgers, regulated financial institutions might reject Bitcoins that may have been used for illegal activities. However, freshly minted 'Virgin Bitcoins' with no transaction history are considered pristine and can potentially command a premium. 'Green Bitcoins' mined with renewable energy sources are also…