Crypto firm Unicoin Prepares for Public Listing, Crypto Debut
Unicoin, a blockchain technology company headquartered in New York, strives to achieve a public stock listing and the debut of its cryptocurrency by the end of the year. Unicoin, which has been operating in the industry since 2015, is creating its token, the value of which is intended to be guaranteed by the company’s equity […]
Toys ‘R’ Us AI-generated Advert Faces Criticism
Toys “R” Us has experienced a lot of criticism following the release of its most recent advert generated using OpenAI’s generative video artificial intelligence tool, Sora. The advertisement portrays Charles Lazarus, the founder of the American toy retailer, as a child and his aspiration to establish the Toys “R” Us store and its symbol, Geoffrey […]
Hashed Ventures Reportedly Expands to Abu Dhabi Market
According to report, South Korean crypto firm Hashed Ventures has entered the Abu Dhabi market by partnering with Hub 71, the city’s tech ecosystem organization. On June 27, Bloomberg reported that Simon Seo-Joon Kim, CEO of Hashed, has announced that his company will establish an office in the city and has initiated discussions with other […]
BICCoN Calls for Fair Resolution in Nigeria-Binance Case
The Blockchain Industry Coordinating Committee of Nigeria (BICCoN) has advocated for a fair resolution in the ongoing legal disputes between the Nigerian gov’t and Binance exchange. BICCoN, the organization representing the Nigerian blockchain industry, is apprehensive about the potential consequences for the country’s blockchain ecosystem and international reputation. BICCoN urges “balanced resolutions” in the Saga […]
Hong Kong Eyes DeFi, Metaverse for Fintech Expansion
Hong Kong’s government research has identified decentralized finance (DeFi) and metaverse technologies as potential for expansion in the global fintech sector. On June 25, the Hong Kong Institute for Monetary and Financial Research (HKIMR), the Hong Kong Academy of Finance (AoF) research branch, published two reports that each comprehensively analyzed the financial sector’s implications related […]