Animoca Brands Reduces Metaverse Capital Fund to $800 Million

The leading developer of blockchain games, Animoca Brands, has announced plans to reduce the capital fund by 20%. In 2022, the company allocated $2 billion…

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BTC Traded 10x More Than Gold, Other Commodities In 2023

Despite many challenges bedeviling the cryptocurrency industry, it has always have a way to outperform other tradable intangible assets. The latest report from the sector…

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Fraudsters Targeted Mostly Token Bridges In 2022 – Visa Report

Visa, the worldwide payment provider, reported that in 2022, cryptocurrency thefts reached an all-time high, exceeding $3 billion due to on-chain exploits. According to Visa,…

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NFT Sales Hit 2024 Low in August: What's Next?

US Judge Grants IP Ownership To Quantum NFT Creator

A federal judge in the US dismissed Canadian company Free Holdings Inc.’s claim to NFT artist Kevin McCoy’s work. The Judge stated that the plaintiff’s…

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2023 US Economic Report Undermines Digital Assets, Says Crypto Offers No Value

In a new move that may likely have an impact, the White House is reportedly making a case against cryptocurrency in its released 2023 Economic…

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Bitcoin’s Upward Trajectory Shows Asset Dominance Over Gold – Mike McGlone

Over the past few days, Bitcoin has seen a remarkable price rise, outperforming gold and making experts increasingly hopeful of the asset becoming the next…

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Controversial Privacy Legislation Likely To Cripple Blockchain Projects – US Congress

Large tech companies are experiencing their lowest trust ratings in years. Hence, the United States Congress is reportedly considering implementing comprehensive privacy data regulations. However,…

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Bitcoin Miners Shifts Focus to AI – Bernstein

ChatGPT Not Up To Task Of Replacing Crypto Audits Yet – Research

A recent experiment by Coinbase has sparked debate in the crypto community about whether artificial intelligence (AI) can replace human-led audits in ensuring the security…

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Metaverse Game Developers Aavegotchi Set New Record With An Outstanding Multiyear Sale

The creators of the famous Aavegotchi metaverse game — Pixelcraft Studios, have successfully realized $30 million from a multiple-year token sale. The fundraising effort is…

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Nigerians Can Now Make Direct Cryptocurrency Purchases Using MetaMask

Nigeria’s cryptocurrency investors can now enjoy easy access to self-custody crypto purchases as a major cryptocurrency wallet – MetaMask extends direct on-ramps to local financial…

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