Imaginary Ones Partners with Animoca Brands to Enhance Tokenomics
Imaginary Ones, an NFT project based in Singapore, has partnered with Web3 venture financing firm Animoca Brands. A news release states that the NFT project intends to improve its tokenomics by utilizing Animoca’s resources and experience. According to the statement, Imaginary Ones will receive assistance from the venture capital firm with its “go-to-market strategy.” Co-founder […]
Russia’s Central Bank Foresees Full-Scale CBDC Implementation
The chief of Bank of Russia predicts a gradual rollout of the digital ruble, with mass usage projected to occur over five to seven years, with scaling expected no early than 2025. Russia’s digital ruble is projected to be scaled back after the pilot project no sooner than 2025, and it will take five to […]
Binance Exec Pleads Not Guilty to Charges in Nigeria
Tigran Gambaryan, a senior executive of Binance, arrested in Nigeria, has reportedly entered a not-guilty plea to four money laundering allegations. According to the Peoples Gazette, a local news outlet, on April 8, Gambaryan declared his innocence in court following his detention in Nigeria around the end of February. Gambaryan emphasized during the hearing that […]
1inch Partners With MasterCard, Baanx For Crypto Debit Card
1inch Network is launching a new crypto debit card featuring bitcoin-to-fiat currency bridge capability in partnership with Baanx and MasterCard The new debit cards will have full functionality, including a physical card with the account number, expiration date, and the “CVC” security code needed to complete some transactions, according to a blog post from 1inch. […]
Canada’s PM Announces $1.8B Allocation to Boost AI Sector
The Canadian government is allocating $1.76 billion (or 2.4 billion Canadian dollars) to advancing artificial intelligence (AI) and growing startups. To “secure Canada’s AI advantage,” the government launched new initiatives, including investments in medium-sized companies, startups, and research organizations. Canadian Prime Minister Justin Trudeau stated on April 7 that “the rapid advancement of generative AI […]