Category: Blockchain

UK Regulator Cracks the Whip on Deceptive Cryptocurrency Ads

The United Kingdom government intends to bring crypto promotions into line with other financial advertisements to be transparent and fair, stopping misleading cryptocurrency ads that might trigger consumer harm like loss of money.  In a statement, the UK’s economic and finance ministry, HM Treasury, disclosed plans to put crypto advertisements under the microscope of regulation

OpenSea Acquires Crypto Wallet Dharma Labs for Undisclosed Amount

OpenSea, a leading marketplace for non-fungible tokens (NFTs), announced that it had acquired cryptocurrencies digital wallet Dharma Labs for an undisclosed amount. Along with the purchase, the company also said that Dharma’s Chief Executive Officer Nadav Hollander would become OpenSea’s chief technology officer (CTO). While OpenSea’s current CTO Alex Atallah would step into a new

Tokens.com Corp Launches Hulk Labs, Focusing on GamFi and NFT

Toronto-based publicly-traded Blockchain technology company Tokens.com Corp. has launched Hulk Labs, a platform focusing on Crypto-Play-to-Earn gaming and Non-fungible token (NFT) investment. In addition to crypto staking and Metaverse businesses, Hulk Labs provides and monetizes investment opportunities in the gaming and NFT space for Tokens.com shareholders. Hulk Labs, a subsidiary of Tokens.com, will represent Tokens.com’s new

S. Korean Presidential Candidates to go Head to Head in Crypto Policies

As South Korea’s presidential elections draw to a close in March, crypto affairs are turning into a political battleground with both candidates set to showcase a number of crypto-related policies. With both the candidates releasing their manifestos, there seems to be a high chance of changing the guard when it comes to crypto in South

Arizona State University Offers Blockchain Technology, Enhancing Student’s Academic Journey

To assist learners in documenting their competencies and skills across their entire academic journeys, Arizona State University (ASU) is going a notch higher by deploying a blockchain-based technology technical stack enterprise infrastructure.  This approach was necessitated because the university thought out of the box on how graduates showcase verifiable competencies and skills to potential employers beyond a

Regulator Offers Conditional Approval to SoFi Bank, despite Crypto Asset Activities

American online personal finance company Social Finance, Inc., commonly known as Sofi, has obtained conditional approval from the Office of the Comptroller of the Currency (OCC) to establish SoFi Bank, National Association (SoFi Bank, NA), a full-service national bank, with restrictions on banks The ability to engage in crypto asset activities. San Francisco-based SoFi provides

Microsoft Acquires Game Developer Activision Blizzard for $68.7B, Entering to Metaverse

On Tuesday, January 18, Microsoft announced that it has acquired Activision Blizzard, a game development leader and interactive entertainment content publisher, for $68.7 billion. The acquisition means Microsoft enjoy access to the Metaverse, accelerating Microsoft’s gaming business in mobile, PC, consoles and the cloud.  The acquisition will be in the form of a stock purchase, with