Tag: cryptocurrency

Lisk Taps Into 169M Users: Web3 Goes Mainstream in Asia!

Lisk Taps Into 169M Users: Web3 Goes Mainstream in Asia!

• Facts

Lisk is taking a big step to bring Web3 to the masses in Southeast Asia. In order for them to do this, they have created a strategic partnership with The Binary Holdings. This partnership will make Web3 onboarding possible for millions by bringing decentralized applications (dApps) natively into the telecom...

MEXC's $30M IgniteX: Fueling the Next Gen of Web3 Talent

MEXC's $30M IgniteX: Fueling the Next Gen of Web3 Talent

• Facts

MEXC Ventures has set its Web3 engine in motion through its newly launched IgniteX program. This $30 million program is focused on developing the next generation of blockchain leaders and innovators. Over the next five years, IgniteX will focus on education, research, and supporting early-stage blockchain projects. This is what...

Silks' Deadline: Can Rosen's Lawsuit Protect Southeast Asian NFT Artists?

Silks' Deadline: Can Rosen's Lawsuit Protect Southeast Asian NFT Artists?

• Commentary

The Rosen Law Firm's class action lawsuit against Game of Silks, with its looming April 25, 2025, lead plaintiff deadline, feels a world away for many. For NFT artists in Southeast Asia, it’s a first tremor that may set off an avalanche. We're talking about more than just a single...

Jackson Sharkz NFT Giveaway: Southeast Asia's Next Big Break?

Jackson Sharkz NFT Giveaway: Southeast Asia's Next Big Break?

• Commentary

Is Southeast Asia on the verge of bursting onto the global NFT stage? The Jackson Sharkz NFT giveaway, which started on April 15th, 2025, from Jackson.io, could be the spark. Over 10,000 participants in three days? That’s not merely a giveaway—it’s a symbolic statement. A declaration that the region was...

Game of Silks Deadline: Is Rosen Law's Suit a Web3 Wake-Up Call?

Game of Silks Deadline: Is Rosen Law's Suit a Web3 Wake-Up Call?

• Commentary

The clock is ticking for Game of Silks NFT holders. April 25, 2025 – that's the deadline to potentially step up as lead plaintiff in Rosen Law Firm's class action lawsuit. This isn't just about Silks. This is not a discussion of the Wild West that Web3 has evolved into,...

Game of Silks Faces Class Action Lawsuit Over Unregistered NFT Securities

Game of Silks Faces Class Action Lawsuit Over Unregistered NFT Securities

• NFT Drops

As such, a class action lawsuit has been filed against Game of Silks. The metaverse game that introduced real-life horse racing to the blockchain was sued for violating the Securities Act of 1933. The Rosen Law Firm, the same firm leading a lawsuit against Game of Silks, argues the company...

Stablecoin Regulation: 6 Fixes to Avert a Financial Disaster

Stablecoin Regulation: 6 Fixes to Avert a Financial Disaster

• Commentary

We are at the dawning of a new financial age, an age made possible by digital assets such as stablecoins. Now, members of Congress are prepared to act. There’s a rare bipartisan consensus and deep sense of urgency driving congressional leaders from both sides of the political aisle. Are we...

MEXC's $30M Web3 Gamble: Savior or Subtle Power Grab?

MEXC's $30M Web3 Gamble: Savior or Subtle Power Grab?

• Commentary

$30 million. That's the headline figure attached to MEXC Ventures' new IgniteX initiative, a supposed CSR play aimed at "fostering Web3 talent and innovation." On the face of it, that seems to be a worthwhile goal. I mean, who doesn’t want to unlock the potential of the next generation of...

Stablecoins: How Congress Can Empower Artists, Not Just Wall Street

Stablecoins: How Congress Can Empower Artists, Not Just Wall Street

• Commentary

Picture a world where artists are truly free. No longer do they depend on art galleries who charge exorbitant commissions or music labels who stifle their creative flow. Picture an artist in rural Cambodia selling a painting directly to an urban New York City collector. And they can do this...

IgniteX: Will MEXC's $30M Light Up Southeast Asia's Web3 Scene?

IgniteX: Will MEXC's $30M Light Up Southeast Asia's Web3 Scene?

• Commentary

Will IgniteX actually ignite? And so while $30 million sounds like a lot of money, and on paper at least, MEXC’s commitment to Southeast Asia’s Web3 future is admirable. But money alone doesn't guarantee success. Will this be the real thing, or just another short-lived spark? It all comes down...

DeGods Founder Steps Down! What's Next for the NFT Project?

So DeGods NFT project is at a really interesting inflection point. DeGoogled now Immutable CEO Rohun Vora, better known by his pseudonym DeGods, has resigned as CEO after three years running the ship. Leadership is changing. Reinforcing that trend, DeGods NFT sales are blasting off, particularly on Ethereum. This shift...

DeGods' Drama Signals NFT Market's Maturation Or Just Another Exit Scam?

Frank's out. Rohun Vora, the figure who became the face of DeGods, is leaving his role. After three years, he’s passing the reins over to 0x_chill and Pastagotsauce. Fine. People move on. The timing reeks. On that fourth front, Solana sales have increased 101%. At the same time, Ethereum sales...

DeGods' Frank Out! Can New Leadership Revive the NFT Project?

Frank DeGods, the face and CEO of the DeGods NFT project, has stepped down after three years at the helm. His departure presents a turning point for the highly criticized project. While DOT’s fate hangs in the balance, could this agency be revitalized by new leadership? This comes after a...

DeGods' Frank Exit: A Warning Sign for Web3's 'Cult of Personality'?

Frank DeGods is out. Poof. And just like that, one of the most iconic characters of the NFT space has departed. While some are celebrating fresh blood and a new direction for DeGods, I can't help but see this as a flashing neon sign screaming about a problem festering within...

Frank DeGods Departs as DeGods CEO, Paving Way for New Leadership

Frank, best known in the Web3 ecosystem as Frank Vora—the name he uses on X, formerly Twitter—has officially resigned as CEO in order to focus on building…whatever comes next. He was integral to the success of the DeGods NFT project. Co-founded by Frank in 2021, DeGods has been a fascinating...

DeGods' Founder Quits: Is This the End of NFT Hype or a Smart Pivot?

Frank DeGods is out. After three years at the helm of DeGods, Rohun Vora has stepped down, leaving many in the NFT space scratching their heads. 0x_chill and Pastagotsauce are both really at the helm—that’s a part of what has made these communities powerful. Sales are booming on both Solana...

DeGods Founder Frank DeGods Steps Down Amidst Sales Surge

Frank DeGods, the founder of the famous Solana-based NFT collection DeGods, has just dropped a huge bomb. After three short yet impactful years, he is now leaving his post as CEO. Under these circumstances, the leadership change couldn’t come at a better moment. Soaring sales on both the DeGods NFTs’...

SEC's Crypto Overhaul: Will It Unleash Southeast Asia's Web3 Potential?

Paul Atkins' call for a crypto policy overhaul at the SEC isn't just about Wall Street. It's about the forgotten voices of Southeast Asia. While the US debates becoming the "crypto capital," a vibrant Web3 revolution is already brewing in the region, and the SEC's actions could either fuel its...