February 2, 2023 By Tsering Namgyal Hong Kong is set to require mandatory licensing for stablecoin issuers, the Hong Kong Monetary Authority (HKMA), the city-state’s de facto central bank, said on Tuesday. Those entities conducting regulated activity in Hong Kong will have to obtain a license to operate stablecoin services. Here is what we know […]

February 2, 2023 By Sharan Kaur Phillora In late 2022, ChatGPT became a major sensation for its innovative use of artificial intelligence (AI). Simply by entering a brief text prompt, you could request this AI chatbot to write just about anything, and it could do so within a matter of seconds. But one that really

February 1, 2023 By Anjali Kochhar An Indian couple from Tamil Nadu hosted their wedding reception in the metaverse last year. Dinesh SP and Janaganandhini Ramaswamy got married on February 6 in Sivalingapuram, a small tribal village in Tamil Nadu. However, relatives from across the world were able to attend the wedding reception that followed

February 1, 2023 By Anjali Kochhar Popular cookie brand, Oreo, launched its metaverse experience “OREOverse“ this week. Built on Meta’s Horizon Worlds, Oreo’s new metaverse allows fans to play cookie-themed games. The games involve several levels with exploration, twisting, and dunking the cookies, and are intended to promote the latest edition of the cookie –

January 31, 2023 By Murtuza Merchant Bitcoin has been having a strong start to the year and is on track to have its best January since 2013. As we entered the new year, the value of Bitcoin was around $16,500, but in a matter of about four weeks, it has already risen to over $23,500, resulting

January 31, 2023 By Anjali Kochhar Popular e-commerce platform Amazon will be launching a digital assets enterprise soon, as reports surfaced recently. Amazon has been shopping the digital collectables effort to no shortage of power players in the industry, per multiple sources. Said to be among those entities are layer-1 blockchains, blockchain-based gaming startups and

January 30, 2023 By Murtuza Merchant With more than 21,000 cryptocurrencies in circulation, it can be overwhelming for investors to decide which tokens to invest in. With such a large pool of options to choose from, finding the right tokens to invest in can be like finding a needle in a haystack.  The difficulty of

January 30, 2023 By Anjali Kochhar More than 320,580 people purchased these assets, between January 01 and 21, 2023, according to the CryptoSlam.io report. After recording a slump and bearish performance last year, the Non-Fungible Tokens (NFTs) are seemingly, on the path of recovery in 2023. As the third week of January 2023 came to

January 30, 2023 By Sharan Kaur Phillora Fractal, the network developed via Twitch co-founder Justin Kan for game-related non-fungible tokens (NFT), is expanding into the Polygon group to broaden accessibility. Here’s what we know:  As part of the expansion, Fractal’s mints, tournaments, marketplace, and the studio will be available on Polygon. The titles coming to

By Murtuza Merchant Alethea AI, a research and development studio, has launched its dApp with Polygon called CharacterGPT, which allows the creation of AI-powered NFTs. This new tool enables users to create NFT avatars by simply entering text prompts. CharacterGPT is an exciting new technology that goes beyond just generating images based on text, as