Web3 Metaverse Company Hadean Raises $30 Million in Series A Funding Round Backed by Epic Games and Tencent

Hadean, a company using computing to scale virtual and metaverse worlds, has successfully closed its Series A funding round, raising $30 million. Among the companies that invested were gaming giant Epic Games and Chinese entertainment behemoth Tencent. Hadean aims to keep developing its metaverse-scaling infrastructure and software. Hadean Closes $30M Series A Funding Round Hadean, […]

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California Governor Gavin Newsom Vetoes Crypto Regulation Bill

In the last step before registration, the Californian crypto regulation bill has been declined by the state governor. California Governor Gavin Newsom has vetoed Assembly Bill 2269, called “Digital financial asset businesses: regulation.” According to the official statement shared by the governor’s office, Gavin Newsom stated that “a more flexible approach is needed” to release […]

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Ironbeam Lets You Trade Bitcoin and Ether Nano Futures Contracts Commission Free

Ironbeam is a U.S. registered Futures Commission Merchant (“FCM”​) which offers trading on crypto nano futures thanks to a partnership with Coinbase Derivatives. The brokerage charges no commission* on these Bitcoin and Ethereum contracts, as well as requiring low margin. Trade Cryptocurrency Nano Futures Contracts Headquartered at the Chicago Board of Trade, Ironbeam launched in […]

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South African Financial Services Giant Nedbank Secures a ‘Village’ in the Metaverse

The South African financial services giant, Nedbank, is reported to have acquired a village in the metaverse. The village will be used to showcase African creativity and to create experiences that “go beyond banking.” By securing a virtual property in Ubuntuland, Nedbank became one of the first financial institutions in Africa to embrace the metaverse. […]

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Italian Serie ‘A’ Soccer Team AC Milan to Launch NFT Initiative

AC Milan, a popular soccer team in the Italian Serie A league and the current champion, announced the launch of a new non-fungible token (NFT)-based project. The organization established a partnership with Monkeyleague, a Solana-based Web3 soccer game, which became its official NFT partner to launch a new series of NFT branded game assets for […]

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Apple App Store Aims to Impose 30% Commission Fee for NFT Sales

App Store aims to take a heft commission fee from every NFT sold through an iOS app.  Apple App Store, an app marketplace supported on iOS and iPadOS operating systems, is reportedly aiming to acquire a hefty fee on in-app NFT trades. According to the report shared by the Information, Apple aims to collect a […]

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Ivory Coast-Based Payments Fintech Secures $5 Million From Its Pre-Series A Funding Round

The Ivorian payments financial technology (fintech) startup, Julaya, recently concluded its pre-Series A round with an additional $5 million capital raise. This brings to $7 million the total capital that the fintech startup, which specializes in business-to-business payments, has raised in this series. Senegalese Footballer Édouard Mendy Participates in the Series An Ivory Coast-based payments […]

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Coinbase Gets Sued For Patent Infringement

Coinbase gets involved in yet another lawsuit.  Coinbase, an American cryptocurrency exchange established in 2012 by Brian Armstrong and Fred Ehrsam, was sued by blockchain-based fintech software company Veritaseum Capital for patent infringement.  According to the lawsuit filed in the U.S. District Court in Delaware by a law firm representing Veritaseum Capital, Coinbase has allegedly […]

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Interpol Releases Red Notice for Terraform Labs Co-Founder Do Kwon

Interpol is now involved in the search for Terraform Labs Do Kwon. The International Criminal Police Organization (Interpol), an international organization that aids worldwide police cooperation and crime control, has issued a “Red Notice” for Terraform Labs co-founder Do Kwon. According to the news report shared by Bloomberg, the co-founder is wanted under the charges […]

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Crypto Payments May Not Help Russia Bypass Sanctions, Experts Say

Russia is preparing to authorize international crypto payments but people involved in the industry doubt this would allow the country to circumvent sanctions. At the same time, the United States has been tightening the noose, recently targeting the use of cryptocurrencies to dodge the financial restrictions imposed by the West with new legislation in Congress. […]

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