Tag: blockchain

Crypto Week Rewind: Sony's Anime NFTs, Trump's Game & More!

Crypto Week Rewind: Sony's Anime NFTs, Trump's Game & More!

• Facts

It’s been an action-packed week in crypto! Major entertainment brands dove into NFTs and, at the same time, political figures grew their digital empires. Let’s recap the highpoints, providing the spicy, delicious rundown of all you need to know.Sony Steps into Web3 with Anime NFTsSony isn't just about PlayStations and...

The Shocking Truth About Crypto Regulation They Don't Want You To Know

The Shocking Truth About Crypto Regulation They Don't Want You To Know

• Commentary

Decentralized finance still carries the hope of a new kind of financial system made by the people, for the people. Unfortunately, this vision has recently come under a stealthy and pernicious attack. Now picture the little DeFi project, the pet creation of a handful of idealistic and bright developers, hoping...

NFT Trader Admits to $3 Million Tax Evasion on CryptoPunk Sales

NFT Trader Admits to $3 Million Tax Evasion on CryptoPunk Sales

• Web3 Projects

Waylon Wilcox, a 45-year-old NFT trader, has pleaded guilty to underreporting nearly $13 million in profits from selling CryptoPunk NFTs. The sales occurred across 2021 and 2022. Wilcox is now facing up to six years in federal prison, as well as possible fines and terms of supervised release.Last year, Wilcox...

Africa's Web3 Gaming Revolution: Will it Empower or Exploit Artists?

Africa's Web3 Gaming Revolution: Will it Empower or Exploit Artists?

• Commentary

The promise is seductive: Web3 gaming, a digital frontier where African artists and gamers are not just consumers, but owners. Dawn of Fearless with its USD 700K funding shot and promises of decentralized liberation looks like a Movie Trailers Special Effects $$$$$ boom. Let's push back on this hype train....

Is UAE's Web3 Gaming Investment in Africa a Trojan Horse?

Is UAE's Web3 Gaming Investment in Africa a Trojan Horse?

• Commentary

The headlines scream of opportunity: a UAE-based gaming platform, Rise of Fearless, is injecting $700K into Africa's burgeoning gaming scene, promising a Web3 revolution that will empower players and unlock financial freedom. At first glance, that seems like an amazing story. Now picture that digital silk road, spiced up with...

XYO's Data Revolution Is Here, But Can It Survive Regulation?

XYO's Data Revolution Is Here, But Can It Survive Regulation?

• Commentary

XYO is making waves, no doubt. Their vision of trustless, verifiable, data validation — particularly when it comes to the real world — is exciting. They're practically OGs in the DePIN space. Let’s not kid ourselves, this isn’t only about the shiny new tech. It’s about upending the status quo,...

XYO's DePIN: How It Can Empower Southeast Asian Artists & Creators

XYO's DePIN: How It Can Empower Southeast Asian Artists & Creators

• Commentary

Envision a colorful reality in which Southeast Asian artists experience boundless artistic freedom. They set the conditions for their artistic production and directly benefit from the fruits of their creativity. This isn't some utopian fantasy; it’s a tangible possibility enabled by XYO's decentralized physical infrastructure (DePIN).Artistic Freedom, Verifiable AuthenticitySoutheast Asia...

XYO Pioneers Decentralized Data Validation with New Layer One Blockchain

XYO Pioneers Decentralized Data Validation with New Layer One Blockchain

• Web3 Projects

Through innovative decentralized data validation, XYO Network is building a new landscape of data integrity and interoperability in the world. Through the power of cryptographic proofs combined with decentralized consensus, XYO makes it impossible for data to be tampered with or altered, ensuring its trustworthiness across various ecosystems. XYO Layer...

Africa's Web3 Gaming Revolution: Rise of Fearless Leads the Charge

Africa's Web3 Gaming Revolution: Rise of Fearless Leads the Charge

• Facts

The digital revolution that enabled them to skip landlines is now on the verge of hitting the African continent. At its heart is the exhilarating explosion of Web3 gaming. This exciting combination of blockchain technology and play-to-earn gaming is more than just fun and games. It opens doors to new...

Liberation Labs Secures Funding to Fuel Web3 Gaming Expansion in Africa

Liberation Labs Secures Funding to Fuel Web3 Gaming Expansion in Africa

• Web3 Projects

Liberation Labs, a provider of global counterparty baking as a service (BaaS) technology, has completed a USD 23.80 million capital increase with several UK funds. This funding round aims to bolster the company's expansion in the African gaming market and support its partnership with NEOM's food company, Topian. This investment...

ProCap's Billion-Dollar Bitcoin Bet: Genius Move or Regulatory Minefield?

ProCap’s billion-dollar Bitcoin play, made possible by taking the company public through a SPAC merger with Columbus Circle Capital, is nothing if not audacious. It's a statement. A great big middle finger, I suppose, to the established financial universe. Anthony Pompaliano, Bitcoin bull and crypto entrepreneur. He is taking a...

5 Ways MiCA Fuels Europe's Crypto Art Boom While US Stalls

Let’s face it, the crypto art world is booming. It’s a great sign that digital artists are getting their long-overdue recognition. They are establishing tangible careers, reaching audiences across the world in ways we could have never fathomed just years ago. Here's the thing: that explosion is happening much faster...

Crypto Confidence Scams: $225M Seized! Are You at Risk?

The crypto space is teeming with both innovation and opportunity. It obscures terrible risks, chief among them being confidence scams. Just last week, the U.S. government seized another $225 million in cryptocurrency. This is the largest-ever seizure of funds stolen through so-called “pig butchering” scams. In this article, we’ll look...

Trump's Crypto Promises Ring Hollow As MiCA Steals The Show

Donald Trump speeding into the crypto lane now has all the makings of a not-so-subtle, last ditch effort to grab votes. He's saying all the right things, promising a crypto-friendly environment, but forgive me if I don't exactly rush out to buy a "Trump Coin" just yet. Words are cheap....

Coinbase Goes EU-Wide: MiCA License Secured in Luxembourg!

Coinbase has received an official Markets in Crypto-Assets (MiCA) license from Luxembourg’s Commission de Surveillance du Secteur Financier (CSSF). This pivotal move allows the cryptocurrency exchange to extend its services across all 27 member states of the European Union, potentially reaching a market of 450 million people. This license puts...

Europe's Crypto Crown: MiCA Fuels Boom as US Regulation Stalls

The global landscape of cryptocurrency regulation is rapidly evolving, with Europe emerging as a frontrunner thanks to its comprehensive Markets in Crypto-Assets (MiCA) framework. While the U.S. grapples with regulatory uncertainty, MiCA offers crypto businesses and investors a clear, unified pathway forward, potentially sparking a boom in the European crypto...