Japan’s Financial regulator to propose restriction of stablecoins
According to Nikkei Asia, Japan is considering new regulations that will enable only banks and wire transfer firms to create stablecoins. The Financial Services Agency (FSA), Japan’s primary financial regulator, is apparently considering legislation that would limit stablecoin supply to banks and wire transfer providers. Crypto service providers engaging in stablecoin transactions, such as wallets, […]
Mysten labs announce the completion of a $36M funding round
Mysten Labs’ team announced on Medium on Monday that the company had received $36 million in Series A funding round. Mysten Labs , a research and development company created by former Facebook employees, has announced the completion of a $36 million investment round to help it develop a Web 3.0 infrastructure platform. Andreessen Horowitz led […]
Coinbase announces the launch of crypto library Kryptology
Kryptology, according to Coinbase, allows and empowers developers to build new crypto innovations using cutting-edge encryption. On Monday, Coinbase , the world’s fourth-largest cryptocurrency exchange by trading volume, announced the launch of Kryptology, a new cryptography library that would serve as a toolkit for blockchain developers. These include APIs that are safe, audited, and simple […]
Binance and Animoca launches $200M fund for GameFi projects
Binance and Animonica announced on December 6 that they will co-invest up to $100 million each to encourage game developments in the GameFi sector of the gaming industry. Binance -based initiatives will have the opportunity to learn from Animoca Brands and receive help from the BSC community. Binance is one of the largest blockchain ecosystems, will […]
Metaverse: Sale of virtual land tops NFT sales over the past week
The top 10 NFT Metaverse sales during the last week was for in-game digital land across the top five collections. According to NonFungible, an industry measurement platform, NFT sales have exceeded $300 million in the last week. Almost a quarter of the amount has been for digital land in the Sandbox Metaverse . Each of […]