March 3, 2023 By Murtuza Merchant The world of cryptocurrency and blockchain technology has given rise to a new asset class in the form of non-fungible tokens (NFTs), which are unique digital assets that represent ownership of a variety of items such as artwork, music, videos, and even virtual land. Virtual real estate asset NFTs, […]

March 2, 2023 By Murtuza Merchant After a steep decline in user activity towards the end of 2022, total gas consumption by non-fungible token (NFT) transactions has risen by 97% for two consecutive months. This suggests that activity around NFTs is approaching levels seen during the NFT boom, according to a report by Glassnode. The

March 2, 2023 By Anjali Kochhar E-commerce giant Amazon and a leader in cloud services with its Amazon Web Services (AWS), is making inroads with artificial intelligence (AI) following the interest of ChatGPT outreaching into the metaverse by filing applications for related trademarks. The e-commerce giant’s filings with the United States Patent and Trademark Office (USPTO)

March 2, 2023 By Joe Pan Can Hong Kong regain its edge as a FinTech hub? HK LegCo Mmber & @Radiant Venture Capital founder Duncan Chiu’s answer is yes, but with some caveats. It was a pleasure to moderate the first post Covid restriction breakfast talk at FCC Hong Kong, which sold out completely. Find out Mr.

March 2, 2023 By Sharan Kaur Phillora Miami NFT Week returns for its 2023 event from March 31 to April 2 at Miami’s Mana Wynwood Convention Center packed with speakers from the NFT industry, DeFi, Blockchain technology, workshops, panels, pitch competitions, creative installations, immersive art, performances, and more.  Here’s what we know:  The event will be

March 1, 2023 By Sharan Kaur Phillora As per the data from Nansen, popular whale Jeffrey Hwang, known as Machi Big Brother in the crypto space, sold a whopping 1,010 NFTs in just about 48 hours.  Here’s what we know:  ‍Nansen‘s simian psychometric enhancement technician, Andrew Thurman, spotted the trading activity over the previous two days

March 1, 2023 By Anjali Kochhar Non-Fungible Tokens (NFTs) are one of the newest investment options and a funky one at that. However, they are marred by one understanding – NFTs are just another rendition of digital art, having no particular intrinsic value. But, this understanding is likely to change with the emergence of utility

March 1, 2023 By Murtuza Merchant The NFT market has been rocked by the discovery of wash-traded non-fungible tokens (NFT) worth at least US$577 million on the up-and-coming platform Blur.io.  Data engineer Scott Hawkins from NFT data tracker CryptoSlam said that the wash trades indicated suspicious behavior, including the reselling of NFTs in a short period,

February 28, 2023 By Sharan Kaur Phillora The cryptocurrency exchange Coinbase has announced the deployment of Base, an Ethereum layer two (L2) scaling network after developers launched the Base testnet on Thursday. The company said it is incubating its Base within Coinbase and that the L2 chain will progressively decentralize over time. Here’s what we know: 

February 28, 2023 By Anjali Kochhar Artefacts recovered from the wreckage of the Titanic will be tokenized using blockchain technology, a new report has stated. A three-way partnership involving the company RMS Titanic (RMST), Hong Kong-based Venture Smart Financial Holdings and Web3 firm Artifact Labs will begin tokenizing precious artefacts from the Titanic to unlock a