Sorare’s Evolution Into The Web3 Space
Published on 10 November, 2023
Fantasy sports platforms are continuously adapting, and leading the way in Web3 space is Sorare. The firm has recently decided to pivot away from previously planned Fitness and Club Facilities enhancements, instead focusing on Manager Progression, rewards, and competition structures...
HSBC Enters Blockchain Space With Digital Asset Custody
Published on 9 November, 2023
HSBC, a major operator in the global banking industry, has taken a step into the digital asset space. The British bank’s recent announcement to offer custody services for tokenized securities marks a new development in the financial sector’s adoption of...
NFT Markets Awaken Amid Economic Downturn
Published on 8 November, 2023
NFT prices are continuing to rise, with November 6, 2023, marking their highest volume day in the last three months. One episode of The Simpsons prominently featured NFTs and sent an excitement wave through the market, powering the movement of...
OpenSea Offloads 50% of Workforce In A Massive Restructuring Initiative
Published on 7 November, 2023
Top non-fungible token (NFT) marketplace OpenSea confirmed it will lay off 50% of its workforce in a huge restructuring move. CEO Devin Finzer highlighted in an X thread that the restructuring is meant to focus on “the next version” of...
Magic Eden And Yuga Labs Collaborate To Unleash A New Ethereum-Based NFT Marketplace
Published on 6 November, 2023
Yuga Labs has formed a partnership with Magic Eden to launch a new NFT marketplace powered by the Ethereum blockchain. The venture highlights the commitment to leveraging blockchain technology to support content creators. The Magic Eden Ethereum marketplace, expected to...
Adidas Partners With Bugatti For Exclusive Web3 Football Boots
Published on 3 November, 2023
Adidas and Bugatti have combined their design skills and technological advancements to auction off an exclusive number of football boots. The innovative auction will happen on a pioneering Web3 platform, a move that considerably highlights the intersection of technology, fashion,...
Saudi Arabia Invested $50M In Web3 Gaming Firm Animoca Brands
Published on 31 October, 2023
Saudi Arabia has made a solid move by investing up to $50 million in Animoca Brands, a top provider of blockchain-based digital entertainment and gaming products. The investment strives to promote the adoption of cryptocurrency technology in the area and...
Animoca Brands Buys Azarus To Enhance Web3 Gaming
Published on 30 October, 2023
To boost the metaverse gaming experience, Animoca Brands has recently confirmed the acquisition of Azarus, a streaming platform that is based on blockchain technology. This move aims to incorporate Azarus’ innovative technology into Animoca Brands’ portfolio, further boosting the streaming...
CryptoPunks NFT Holders Can Now Acquire Physical Prints
Published on 29 October, 2023
A collaboration between online art store Avant Arte and CryptoPunks brand operator Yuga Labs has been confirmed, giving CryptoPunk NFTs holders the chance to own physical prints of their art collections. Avant Arte announced it will provide two types of...
DSCVR Web3 Social Media Platform Expands On Solana
Published on 27 October, 2023
DSCVR, the biggest Web3 social media and community-building platform, recently confirmed its partnership with the Solana Ecosystem. On that note, DSCVR wants to expand its tokenized communities and crypto asset components to Solana’s quickly growing user network. The timing of...