The U.S. Securities and Exchange Commission (SEC) recently sent a Wells notice to CyberKongz, indicating the regulator plans to take enforcement action against the non-fungible token (NFT) project. CyberKongz announced the notice this week and says it plans to “stand up and fight” in response to the SEC’s crackdown. “We have been suffering in silence […]
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Blockchain Gaming Association’s fourth annual survey showed growth in the C-suite, but other demographics appear to be slipping.
The blockchain-based gaming sector is becoming increasingly top-heavy as it moves further into the mainstream, according to data from the Blockchain Gaming Association’s fourth annual survey.
Marking the association’s largest effort to date, the 2024 survey aggregated and analyzed data provided by 623 survey respondents from the Web3 gaming industry. Those surveyed included industry professionals ranging from C-suite executives to professional e-sports players.
While much has remained the same since the annual survey began in 2021, including the notion that both trust and user experience issues are the primary factors holding adoption back, the 2024 survey indicates pivotal growth in the C-suite and an influx of talent with gaming industry experience prior.
The new offering will be available across all Crypto.com card tiers with up to 8% rewards on spending.
Mastercard announced on Dec. 4 that it had issued a license to Hong Kong-based cryptocurrency exchange Crypto.com to begin offering its pre-paid payments card services on the Mastercard network in the Gulf Cooperation Council (GCC) region, beginning with Bahrain in January of 2025.
According to a blog post from Mastercard, once issued, cardholders will be able to fund their accounts via the Crypto.com app using e-money wallets or third party-issued credit and debit cards.
The card will be offered across all five Crypto.com card tiers, including its top-level “Black Obsidian” offering, with rewards of up to 8% and card payouts in US dollars.
Ex-Goldman Sachs executive Raoul Pal says that the non-fungible token (NFT) sector is still relevant and due for a big resurgence. In a post on the social media platform X, Pal says NFT technology is “profound,” and he sees the crypto sector mounting a comeback in many forms. “NFTs aren’t dead. The technology is profound. […]
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Crypto veteran Chris Burniske is expecting big things from memecoins in the current digital asset market cycle. The venture capitalist says on the social media platform X that “memecoins’ tendency to trigger” suggests they will be bigger than expected going forward. “The cultural relevance some NFT collections garnered in 2021 will be surpassed by some […]
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NFT sales saw a solid increase this week, climbing 4.87% from the previous period to reach a total of $79.38 million. According to cryptoslam.io, the number of NFT buyers jumped by 34.13%, while sellers grew by 28.72%. Top NFT Collections See Gains This Week, Bitcoin-Based Nodemonkes Leads the Pack Throughout the last seven days, Ethereum-based […]
The Framework Ventures-backed platform has surpassed $150 million in TVL, despite a wider downtrend in the NFT market.
Infinex’s latest non-fungible token (NFT) collection has amassed over $40 million worth of sales within the first four days despite the sluggish performance of the top NFT collections.
Infinex is a non-custodial platform offering easy access to onchain protocol and decentralized applications (DApps).
The platform’s new Patron NFT collection surpassed $40 million in sales within the first four days, according to an announcement shared exclusively with Cointelegraph.
De Labs has announced the launch of their new crypto token, $DEGODS, aimed at unifying digital assets within the Dust Labs non-fungible token (NFT) ecosystem. The $DEGODS token, powered by the Solana blockchain, is available for conversion to investors holding $dust, Degods, and y00ts NFTs. While the Degods NFTs will not be replaced, they will […]
The chief legal officer of the crypto firm Ripple is publicly issuing a challenge to the U.S. Securities and Exchange Commission (SEC). Yesterday, the CEO of the world’s largest non-fungible token (NFT) marketplace, Devin Finzer of OpenSea, announced that the SEC had slapped OpenSea with a Wells Notice. A Wells Notice is a warning issued […]
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Although the blockchain industry owes much of its success to so-called bridges, these are far from perfect solutions, argues Justin Wang, the founder and CEO of Zeus Network. While they help address the problem of liquidity segmentation that afflicts the Web3 industry, Wang insists that they pose significant security risks. Keeping the Innovation Flywheel Spinning […]