Posted 1 minute ago In ~ South Korean video game company Wemade and Whampoa Digital, the technology investment arm of Singapore’s Whampoa Group, have teamed up to raise a $100 million fund focused on Web3.This partnership is expected to expand the reach of the digital asset industry, especially in the Middle East region, which is growing rapidly in the Web3 sector.Wemade, well known for its Legend of Mir series, has launched W.The eb3 fund will support developers at the Wemix Play Center in Dubai.Wemade added, “Both parties will jointly invest in potentially promising projects through mutual transactions and project recommendations,…
Author: Crypto Flexs
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The legal proceedings involving former FTX CEO Sam Bankman-Fried took a major turn recently when U.S. Federal Judge Lewis Kaplan denied Bankman-Fried’s request to delay his sentencing hearing. The decision impacts the case’s timeline and highlights the complexities surrounding high-profile legal cases in the cryptocurrency world. Postponement request denied On December 20, Sam Bankman-Fried submitted a request through his legal team to postpone the sentencing hearing, originally scheduled for March 28, 2024, by four to six weeks. The purpose of this request is to: Additional time to prepare defense (originally scheduled for December 21). The defense sought to reschedule the…
reporter Posted on: December 22, 2023 Worldcoin has discontinued its Orb verification program in India, Brazil, and France. The price of WLD recently hit an all-time high. Worldcoin (WLD), the cryptocurrency project co-founded by OpenAI CEO Sam Altman, has shut down its controversial Orb verification system in three major markets: India, Brazil, and France. This sudden setback comes just months after the project launched its helmet-shaped eye-scanning device in these countries. In a statement to TechCrunch, Tools for Humanity, the foundation that oversees the development of Worldcoin, claims the suspension occurred because Orbs is only available for a “limited time”…
join us telegram A channel to stay up to date on breaking news coverage Ethereum price has been trading down 1% over the last 24 hours. $2,220 10 AM EST. However, cryptocurrency analyst Ali Martinez said that ETH, an intelligent contract platform, is seeing significant upside. Martinez argues that the current value of ETH could increase by 60% after a period of accumulation, which could be marked by a surge in asset acquisition by a larger group of individuals. #Ethereum It is currently retesting the breakout area in the ascending triangle, hinting at preparations for further upside. The price range…
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While Bitcoin is expanding its gains, Ethereum price is still struggling to clear resistance at $2,265. ETH could rise if it closes above $2,265 and above $2,320. Ethereum is still struggling to gain speed above the $2,265 resistance zone. The price is trading above $2,220 and the 100-hour simple moving average. The hourly chart of ETH/USD (data feed via Kraken) shows a major bullish trend line forming with support near $2,180. A close above $2,265 and $2,320 could start a strong rally for the pair. Ethereum Price Aims Higher Ethereum price remained above the $2,200 support zone. The bulls protected…
Hey Crypto Fam, Steve here from the Platinum Crypto Traders Academy. Today, I’m diving deep into one of the most buzzworthy topics in our space – Chainlink. You’ve probably heard the chatter in the forums, seen the memes, and maybe even dabbled in LINK trading. But let me tell you, there’s more to Chainlink than meets the eye, especially as we gear up for 2024. Where Bitcoin and Ethereum often steal the spotlight, Chainlink is like that sleeper hit – underestimated but packing a punch. As a seasoned trader, I’ve seen projects come and go, but Chainlink? It’s a different…
Epic Games made a major change to its policy this week, announcing that it would use blockchain technology to list games with an “Adults Only” rating on its online store once the titles are rated.”‘Epic Games announced that “Gods Unchained” and “Striker Manager 3” have returned to the store due to changes in content policy regarding blockchain-based game ratings. post to.Epic Games said that products with an “adults only” rating cannot be distributed on the Epic Games Store, but that after revising the rules, “we will make an exception for products with an (adults only) rating.” “It was applied simply…
The Bank of China has marked a significant milestone in the digital currency space by completing the world’s first cross-border central bank digital currency (CBDC)-based precious metals transaction. On December 20, 2023, the Bank of China’s Shanghai branch successfully processed e-CNY CBDC settlement of 100 million yuan ($14 million) received in gold from overseas through the Shanghai Financial Exchange International Board. I did. This historic transaction highlights the growing acceptance and utility of digital currencies in international trade, particularly in the precious metals sector. The successful agreement shows that the digital yuan (e-CNY) has begun to play a strategic role…
Welcome to the last newsletter of 2023! Get ready for exciting updates from the BitPay team, including new merchants joining the cryptocurrency world. Let’s take a look at this month’s highlights, as well as some highlights from 2023 that we’ve all enjoyed.On this issue: Bitpay in the newsCheck out the latest news from BitPay this month.BitPay 2023 HighlightsBitPay is launching a slew of new features for 2023 and has announced some exciting partnerships. Stay informedLatest insights from the BitPay blog:Coming Soon: Best BitPay Awards 2023We celebrate all the innovative brands, retailers, and organizations that accept cryptocurrency! Whether you are a…