By Anjali Kochhar Despite robust early acceptance, the full-scale vision of the metaverse is probably more than ten years away, according to a report released this week by Nasscom and McKinsey, despite robust early acceptance. As per the report titled “Metaverse – Prepared to Win,” consumer and business metaverse adoption trends are comparable to those […]

By Sharan Kaur Phillora According to legal experts, whether or not the defendant gets the court notice, being served by NFT “limits what the defendant can do with the funds.” Crypto lawyers claim that NFTs are becoming an increasingly popular way to serve defendants in blockchain-based crimes who would otherwise be impossible to find. Here’s

By Sharan Kaur Phillora The founder of the NFT project Moonbirds, Kevin Rose, lost at least $1 million in NFTs in a wallet exploit.  The Block identified the hacker’s address, which appears to have taken around 40 of Rose’s NFTs.  Here’s what we know:  A total of 40 NFTs were apparently taken from his krovault.eth

By Anjali Kochhar Japan plans to introduce regulations by June 2023 that will allow domestic investors to trade certain stablecoins issued overseas, according to a Cointelegraph report, citing the country’s regulator, the Financial Services Agency (FSA). Once the new regulations will be in place, the FSA will examine stablecoins for compliance, including having the required

By Sharan Kaur Phillora “Calladita,” a new film by director Miguel Faus, was named the winner of the Andrews/Bernard Award, established by renowned director Steven Soderbergh and the Decentralized Pictures platform.  Here’s what we know: Last March, following his short film, Calladita, Miguel Faus directed a new feature film of the same name and launched

By Murtuza Merchant Porsche’s entry into the world of Web3 through the launch of an NFT collection on January 24th was met with less than favorable results.  The collection, which consisted of 7500 NFTs priced at 0.911 ETH each ($1412.24 USD), struggled to sell out during launch day, with only 16% of the supply being

By Sharan Kaur Phillora According to reports, Russia and Iran are collaborating to launch a cryptocurrency backed by gold, with the idea that the “stablecoin” could replace the US dollar in international trade. Here’s what we know: On January 16, the Russian news agency Vedomosti reported that the two sanctioned nations intend to issue a

By Sharan Kaur Phillora Last week, Yuga Labs released its Sewer Passes, a new non-fungible token (NFT) project within the Bored Ape Yacht Club ecosystem. Sewer Pass netted $1.3 million in trading volume one hour after its launch and has amassed over $6 million worth of ETH four hours after the launch.  Here’s what we

By Sharan Kaur Phillora First National Geographic NFT Launch Meets Massive Backlash National Geographic has launched its first NFTs on Polygon and posted a detailed explainer of the technology on social media—prompting outright rage from hundreds of fans of the 135-year-old nature-centric magazine responding with rage.  Here’s what we know: NatGeo’s Instagram, Twitter, and Facebook

By Anjali Kochhar Shagun Singh, an entrepreneur and NFT maestro has come up with a new project ‘RiDiDa’ which makes 100 crores in valuation and becomes the next hit of the Web 3.0 billboard. Not only this, his project RiDiDa is an all-new initiative by the entrepreneur, an all-inclusive NFT marketplace that needs no introduction.