Aptos Teases NFT Collaboration with Rarible
Layer-1 blockchain ecosystem Aptos is preparing to partner with NFT marketplace Rarible as network transactions rise. The layer-1 blockchain network Aptos, which uses the proof-of-stake consensus method, will partner with the non-fungible token marketplace Rarible to accomplish a goal that the blockchain refers to as a “game-changer” for both platforms. A worldwide community manager for […]
Magic Eden Foundation Announces Launch of ME Token
The Magic Eden (ME) Foundation has announced the forthcoming launch of the ME token to enhance the trading of cross-chain digital assets in support of Web3 consumer decentralized applications (DApps). The ME Foundation’s mission, as stated in a press release disclosed to Cointelegraph, is to assist in developing the ME decentralized autonomous organization (DAO) protocols […]
Immutable Partners with Fireblocks to Help Game Developers Manage Digital Assets
Immutable partners with Fireblocks to provide secure asset management for Web3 games, NFTs, and DeFi projects in its ecosystem. Immutable, a Web3 gaming blockchain, has announced its integration with the infrastructure provider Fireblocks to aid game developers in securely managing and storing their assets. In a statement shared with Cointelegraph, Immutable highlighted that this new […]
Hong Kong Virtual Banks Target Web3 Growth Amid Regulatory Challenges
Hong Kong’s virtual banks are exploring opportunities in the Web3 space despite capturing 0.3% of retail bank assets. Hong Kong’s virtual banks are reportedly facing a pivotal moment, capturing only a small share of the financial market with just 0.3% of the assets held by all retail banks. As reported by the South China Morning Post […]
MonkeDAO Initiates Internal Probe over Revenue
Solana’s Monkey Business Gen2 NFT collection organizer, MonkeDAO, has launched an internal probe over treasury money inequalities. The community that manages Solana’s NFT collection , MonkeDAO, has opened an internal investigation into claims of irregularities in its treasury money. The DAO’s acting general counsel, Ariel Givner, revealed the investigation in a statement on August 7 […]