Moonbeam Recently Adopts Messaging Protocol LayerZero
Cross-chain messaging is becoming a more popular way to build Web3 interoperability. Polkadot parachain Polkadot said Monday that Moonbeam has added the cross-chain messaging protocol LayerZero to help Web3 work together.Etherscan says that Moonbeam, a layer 1 blockchain protocol that has done 9.6 million transactions in its lifetime, is already using XCM, the internal messaging […]
Sam Bankman-Fried debunks Huobi Acquisition
After Bankman-tweet, Fried’s price of Huobi native token, HT, fell by about 6%. He also denies any allegations concerning Huobi’s acquisition. In a tweet on Monday morning, FTX CEO Sam Bankman-Fried said that the cryptocurrency exchange had no plans to buy Huobi, which CoinGecko says is one of the world’s largest with a daily trading […]
F1 files NFT trademark application to USPTO
Formula 1 (F1) has filed two trademark applications to the USPTO for the 2023 Las Vegas Strip Circuit Grand Prix, it may have nonfungible tokens (NFTs), digital collectibles, and cryptocurrency payment functionality. On August 23, two fresh trademark applications were submitted to the USPTO by F1’s trademark division . The documents include a comprehensive description […]
How to own a land in the Metaverse
The metaverse is becoming the next biggest thing to happen in the tech world, with more innovations springing up and also diversification into the sales of lands. Since the advent of the Metaverse, it has rallied its way up into the hearts of many tech enthusiasts and non-tech enthusiasts alike. Not just that, the Metaverse […]
MAS warns against cryptocurrency retail investments
The Monetary Authority of Singapore (MAS) has warned investors against retail investments in cryptocurrencies citing high volatility in the cryptocurrency market. At a seminar on August 29, the managing director of the Monetary Authority of Singapore (MAS), Ravi Menon, addressed the organization’s conflicting public statements regarding cryptocurrencies. The populace charged that regional regulators were promoting […]