Industry

FTX Drama Spells Chaos for the NFT Sector
Industry

FTX Drama Spells Chaos for the NFT Sector

Just one week ago, the NFT sector was bubbling with optimism as token prices saw steady gains amid a backdrop of vigorous project building. But as the Terra collapse faded into distant memory a new story of gross negligence emerged from the shadows. So, as the FTX empire crumbles into dust, it has put the…

Kabuni announces Web3 learning platform ‘Kabuni Wizard’ and Learn-To-Earn Cryptocurrency ‘Kabuni Coin’
Industry

Kabuni announces Web3 learning platform ‘Kabuni Wizard’ and Learn-To-Earn Cryptocurrency ‘Kabuni Coin’

Kabuni, a provider of immersive learning, today announced Kabuni WIZARD, an education technology Web3 platform that facilitates highly personalised learning aimed at children aged 8 – 18 years. By using spatial computing, artificial intelligence and Web3 technologies, Kabuni is driving safe and transformative evolution in the field of education. The company has also launched its…

OpenAI Fires Co-Founder and CEO Sam Altman
Industry

OpenAI Fires Co-Founder and CEO Sam Altman

In a surprising development, OpenAI has announced the termination of Sam Altman as its CEO; a decision made public on Friday, Nov. 17. The company’s board, after a thorough review, expressed a loss of confidence in Altman, citing his lack of transparency in communications as a primary concern, which they believe impeded their oversight responsibilities….

5 Ways to Use NFTs to Grow Your Small Business
Industry

5 Ways to Use NFTs to Grow Your Small Business

NFTs offer small businesses opportunities to innovate and connect with their customers in novel ways. Non-Fungible Tokens (NFTs) have emerged as a powerful tool with the potential to revolutionize how businesses, including small enterprises, engage with customers and create new revenue streams. NFTs are unique digital assets that represent ownership or proof of authenticity of…

Researchers Analyze Over $1 Billion in Web3 Grants: Here’s What They Found
Industry

Researchers Analyze Over $1 Billion in Web3 Grants: Here’s What They Found

In a wide-ranging study, published this September and released as an NFT by Gitcoin, researchers Mashal Waqar, head of growth and partnerships at Bankless Publishing, and Eugene Leventhal, executive director of Metagov, spoke to thirteen web3 grant programs. These programs have cumulatively committed over $1 billion to recipients. The study, funded by Gitcoin’s Grants Matching…

Binance.US Suspends Direct Dollar Withdrawals
Industry

Binance.US Suspends Direct Dollar Withdrawals

Binance’s U.S. subsidiary, Binance.US, has stopped dollar withdrawals on its platform, according to the company’s latest terms released Oct.16. However, this doesn’t mean that there are no methods available to withdraw your funds. Binance said users who wish to withdraw U.S. dollar funds from their account may do so by “converting U.S. dollar funds to…

Mastercard Is Proving How CBDCs Can Work in Australia
Industry

Mastercard Is Proving How CBDCs Can Work in Australia

Mastercard revealed its latest strides in the realm of Central Bank Digital Currencies (CBDC) on Oct. 12, in collaboration with the Reserve Bank of Australia (RBA) and the Digital Finance Cooperative Research Centre. The highlight of this pilot was the integration of CBDCs into a live transaction involving the purchase of an NFT on the…

Trezor Releases New Hardware Wallet With Private Key Backup
Industry

Trezor Releases New Hardware Wallet With Private Key Backup

Hardware crypto wallet provider Trezor has unveiled a triad of self-custody products, according to the company’s blog post. As part of its 10-year anniversary, Trezor announced the release of an upgraded Trezor wallet, an innovative private key backup solution, and an exclusive Bitcoin-centric wallet. Launched in 2013, Trezor serves as one of the largest global…

NFT creator wins multimillion-dollar lawsuit, paving ways for other artists to ‘stand up for themselves’
Industry

NFT creator wins multimillion-dollar lawsuit, paving ways for other artists to ‘stand up for themselves’

If you’re feeling unseen because you are not doing what others in society are expecting you to do, whether socializing on the weekends, or figuring out life as an adult, that’s where Danny Casale’s art comes to the rescue. Reaching millions of audiences using his artist name Coolman Coffeedan, Casale’s work revolves around a wholesome…

Head of Instagram: “I’m Still Bullish on NFTs”
Industry

Head of Instagram: “I’m Still Bullish on NFTs”

On October 4th, Instagram hosted its first-ever Creator Innovation Summit, a platform dedicated to educating creators on brand development, optimizing Instagram tools, and the innovative use of cutting-edge technologies. During the summit and notable fireside chat between tech influencer Marques Brownlee and Adam Mosseri, head of Instagram, Mosseri stated he’s “still bullish on NFTs.” In…

Coinbase Secures Payment License in Singapore
Industry

Coinbase Secures Payment License in Singapore

Coinbase is now legally authorized to expand its Digital Payment Token services to individuals and financial institutions in Singapore. According to the company’s Oct. 2 blog post, Coinbase Singapore obtained a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS). Coinbase received its MAS license last October, which has allowed it to…

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