March 7, 2024 By Anjali Kochhar The Binance cryptocurrency exchange’s Web3 Wallet team has finished integrating the Blast network. Binance Web3 Wallet now supports Blast, an Ethereum Layer 2 scaling solution that provides built-in yield for Ethereum (ETH) and stablecoins, according to the exchange’s announcement on March 4. Users of cryptocurrency wallets will be able to […]

March 6, 2024 By Sharan Kaur Phillora Yat Siu, the chairman and co-founder of Animoca Brands, champions the significance of Non-Fungible Tokens (NFTs) as important tools for safeguarding digital ownership and intellectual property rights. Here’s what we know: Animoca Brands, renowned for its expansive portfolio of NFT collections, blockchain products, and popular games, has collaborated

March 6, 2024 By Sharan Kaur Phillora In a decisive move to safeguard investors, the Securities and Futures Commission (SFC) of Hong Kong has taken action against several fraudulent websites masquerading as prominent local cryptocurrency exchanges. On March 4, the financial watchdog issued a stark warning about multiple dubious sites attempting to mimic two of the

March 5, 2024 By Anjali Kochhar Navigating the intricate realm of the Metaverse requires vigilant measures to shield assets and personal data from evolving cyber threats, emphasizing the imperative of robust security protocols and user awareness. In the dynamic domain of the Metaverse, where the boundaries between the real world and the digital realm converge,

March 5, 2024 By Sharan Kaur Phillora Hong Kong’s recent push to establish itself as a global crypto hub through a new licensing scheme for virtual asset trading platforms (VATPs) has seen a lukewarm response, with only 24 applicants as of the day after the February 29 deadline. Here’s what we know: This figure pales in

March 4, 2024 By Anjali Kochhar Earning While Gaming: Exploring the Economics and Regulations of Play-to-Earn Games for a New Digital Frontier. In recent years, the gaming industry has witnessed a seismic shift with the emergence of the Play-to-Earn (P2E) model, promising players the opportunity to earn real-world rewards by engaging in gameplay. This innovative

March 4, 2024 By Sharan Kaur Phillora Bitcoin has witnessed a remarkable surge in popularity on Chinese social media platforms, defying the government’s stringent crackdown on cryptocurrency activities. The world’s leading cryptocurrency, Bitcoin (BTC), experienced a significant uptick in interest, becoming the 11th most-searched term on Weibo last Wednesday. Furthermore, its popularity on WeChat witnessed

March 1, 2024 By Sharan Kaur Phillora In a move to foster innovation while ensuring financial stability, Hong Kong’s Financial Secretary, Mr. Chan Mo-po, announced the introduction of a ‘regulatory sandbox’ for stablecoin testing as part of the 2024 budget. This initiative explores the issuance processes, business models, investor protection, and risk management systems associated with

March 1, 2024 By Anjali Kochhar Empowering Metaverse Creators: Unveiling Tools for Active Participation in Building Virtual Worlds. The Metaverse transcends mere conceptualization; it represents a rapidly expanding digital realm where users play pivotal roles in its construction and advancement. This comprehensive exploration embarks on a deep dive into the diverse array of tools and

February 29, 2024 By Anjali Kochhar Bitget, the globally acclaimed cryptocurrency exchange and Web3 company, revealed remarkable growth and soaring trading volumes, particularly in South Asia. Reports indicate that Bitget witnessed an extraordinary surge in its total trading volume, surpassing an impressive US$3.14 trillion in 2023. Notably, the spot trading volume surged to US$81.6 billion,