Yuga Labs purchases 10KTF, signals at metaverse integration
Yuga Labs has acquired Beeple’s 10KTF game. Beeple will be employed as a consultant for the company after the acquisition is complete. Bored Ape Yacht Club (BAYC) developer Yuga Labs has purchased 10KTF , the NFT game created by digital artist Michael Winkelmann (better known as Beeple). In the browser-based NFT game 10KTF, users can […]
Hive Blockchain Revenue Drops By 44% Y/Y
The company, Hive Blockchain technologies revenue declines by 44% Y/Y despite overall mining production surge. The Vancouver-based digital asset mining startup Hive Blockchain said on Nov. 15 that its revenue for the second quarter (ended Sept. 30) decreased by 44% year over year to $29.6 million. The company’s net income also declined during this time, […]
NY Fed Begins 12-week CBDC Pilot Program With Major Banks
Major banks including BNY Mellon, Citi, U.S. Bank and Wells Fargo will be issuing tokens and settling transactions through CBDC pilot program. A 12-week proof-of-concept pilot for a central bank digital currency, or CBDC, was announced by the Innovation Center of the Federal Reserve Bank of New York, or NYIC. The program will investigate the […]
New York Fed launches digital dollar trial with banking giants
The 12-week digital dollar experiment program will see the New York Federal Reserve Bank in partnership with banking institutions test the viability of using a shared ledger for interbank transactions. The Federal Reserve Bank of New York announced on Tuesday that it is beginning a digital dollar experiment with major banks to test the viability […]
Ukrainian Pro-crypto Groups Announce Web3 Roadmap
The Web3 roadmap proposes the launch of a regulatory sandbox and the creation of a national blockchain-backed realty register. A roadmap for promoting and expanding Web3 in the nation was unveiled by the citizen organizations Virtual Assets of Ukraine (VAU) and Blockchain4Ukraine, a group of pro-crypto Ukrainian lawmakers. According to local media, the co-authors of […]