Reebok Follows Nike Into Digital Fashion and Gaming, With an AI Twist Sportswear brand Reebok is jumping into the metaverse—with both feet. The shoemaker, which is owned by Adidas, has entered an exclusive partnership with crypto tech startup Futureverse to develop numerous AI- and blockchain-backed games and digital experiences, both companies jointly announced Thursday. The stated aim of the collaboration is to extend Reebok’s brand presence into […]
Circle launches USDC and EURC faucets to support dev activity Jeremy Allaire’s stablecoin operator now provides a depot of testnet tokens for blockchain builders to utilize when creating web3 tools and solutions. Circle, the issuer of crypto’s second largest stablecoin, USD Coin (USDC), has released a faucet for its U.S. dollar-pegged token and its euro-denominated coin EURC in a move said to bootstrap innovation across […]
Versatus Labs Raises $2.3 Million To Launch Stateless Rollup Versatus Labs raises $2.3 million in seed round funding, bringing its valuation to $50 million. The funding aims to develop the Verastus LASR, a Stateless Rollup. Image: Versatus Labs In an announcement this Wednesday, Verastus Labs, a peer-to-peer web service protocol aiming to enhance the transition of Web2 developers into Web3, confirmed the successful raise […]
Montenegro Set to Extradite Terra Co-Founder Do Kwon to US: Report Montenegro will extradite Terra co-founder Do Kwon to the U.S., according to a report in the Wall Street Journal. Citing sources familiar with the matter, the WSJ reported that Montenegro’s Justice Minister, Andrej Milovic, had privately said he plans to send Do Kwon to the U.S. rather than South Korea. The Terraform Labs co-founder faces charges […]
Montenegro Set to Extradite Terra Co-Founder Do Kwon to US: Report Montenegro will extradite Terra co-founder Do Kwon to the U.S., according to a report in the Wall Street Journal. Citing sources familiar with the matter, the WSJ reported that Montenegro’s Justice Minister, Andrej Milovic, had privately said he plans to send Do Kwon to the U.S. rather than South Korea. The Terraform Labs co-founder faces charges […]
WSJ: Montenegro mulling Do Kwon’s extradition to the U.S. The Terraform Labs founder could be moved to the U.S. instead of South Korea to stand trial over a multi-billion ecosystem collapse involving LUNA and UST. Do Kwon, creator of the Terra blockchain, may be extradited to the U.S. for criminal prosecution by early 2024, according to sources familiar with the matter. The final decision […]
Best Crypto to Buy Now December 7 – BitTorrent, Helium, Beam BTT, HNT, BEAM, BTCMTX, and TG stand out as the best crypto to buy now in December 7. Image by cryptonews.com. Major cryptocurrencies are consolidating following a Bitcoin (BTC)-led pump that saw Bitcoin hit fresh annual highs above $44,000 earlier in the week. Crypto markets have been pumping on optimism that spot Bitcoin ETFs will […]
Exved launches cross-border cryptocurrency payment platform In a Dec. 6 post on Telegram, the Russian digital settlement platform Exved shared the announcement of its cross-border payment system, which is set to offer a solution for local legal entities engaged in international trade to use cryptocurrencies. Exved’s platform will enable Russian importers and exporters to utilize the Tether (USDT) stablecoin alongside the […]
Exved launches cross-border cryptocurrency payment platform In a Dec. 6 post on Telegram, the Russian digital settlement platform Exved shared the announcement of its cross-border payment system, which is set to offer a solution for local legal entities engaged in international trade to use cryptocurrencies. Exved’s platform will enable Russian importers and exporters to utilize the Tether (USDT) stablecoin alongside the […]
FTX unveils revised reorganization plan, sets mid-December court submission According to law firm Paul Hastings, the Official Committee of Unsecured Creditors has responded to the FTX 2.0 Customer Ad Hoc Committee, offering insights into its proposed amended reorganization plan, set to be implemented in mid-December. The plan is anticipated to influence the future outcomes for unsecured creditors significantly. Divergent viewpoints The committee’s acknowledgment letter highlights […]
FTX unveils revised reorganization plan, sets mid-December court submission According to law firm Paul Hastings, the Official Committee of Unsecured Creditors has responded to the FTX 2.0 Customer Ad Hoc Committee, offering insights into its proposed amended reorganization plan, set to be implemented in mid-December. The plan is anticipated to influence the future outcomes for unsecured creditors significantly. Divergent viewpoints The committee’s acknowledgment letter highlights […]
Cheap cryptocurrencies that could explode: Is it worth the investment? The search for cheap cryptocurrencies that might explode in the coming year is gaining momentum. What factors drive this interest, and could this approach prove fruitful? The collapse of several major crypto firms, including FTX, Celsius Digital, BlockFi, and Genesis Global, dampened the appetite for crypto investments in the last couple of years. However, a […]
As iGRAIL Skyrockets 465%, This Modest Crypto Has Gathered $2.9 Million – Next Big Thing? The price of Grail Inu (iGRAIL) has rocketed by more than 450% in the past 24 hours, rising to $0.000000212 after the new meme crypto listed on the Abritrum-based Camelot DEX a couple of days ago. iGRAIL is only the latest in a long line of new meme tokens to hit the crypto market this […]
CoinGecko reveals that more more than half of countries globally have legalized cryptoassets More than half of the world’s countries have legalized cryptocurrency, according to a new report from the analytical platform CoinGecko. The analysis showed that digital assets were approved by 119 states and 4 UK overseas territories. Thus, over 60% of countries in the world have legalized cryptocurrencies. Source: CoinGecko At the forefront of the adoption […]
Kaspa emerges bullish while analysts back InQubeta as the next 100X coin Cryptocurrency holders have had a few reasons to cheer over the past few weeks. With the crypto market currently in a bull rally, tokens like Kaspa (KAS) and InQubeta (QUBE) gave people the right ammunition to hunt for big gains. These two tokens can be used to diversify portfolios while setting investors up for long-term […]
Robinhood Launches Commission Free Crypto Trading App in EU Source: Adobe Robinhood is expanding its services in the European Union (EU) by launching commission-free crypto trading. The move comes just a week after the company made its international debut with stock-broking services in the UK. The Robinhood app, set to go live on Thursday, will enable European investors to buy and sell over 25 […]
Meta Adds AI Across Its Apps, Launches Standalone Image Generator The largely unheralded large-language model Meta AI—a virtual assistant designed to generate photorealistic images and provide detailed answers to user queries—is now “more helpful, with more detailed responses on mobile and more accurate summaries of search results,” the social media giant announced today. In a blog post, Meta revealed over 20 new AI-driven features that […]
How To AI: Best AI Tools for Image Generation In the fast-evolving digital art and design world, AI image generators have quickly become indispensable tools for creators. Whether you’re a professional designer, a hobbyist, or just someone looking to spice up your social media feed, the right art generator can make all the difference. Each platform offers unique strengths, from MidJourney’s vivid, photorealistic compositions […]
How To AI: Best AI Tools for Image Generation In the fast-evolving digital art and design world, AI image generators have quickly become indispensable tools for creators. Whether you’re a professional designer, a hobbyist, or just someone looking to spice up your social media feed, the right art generator can make all the difference. Each platform offers unique strengths, from MidJourney’s vivid, photorealistic compositions […]
Polkastarter’s $POLS Achieves Yearly High with Over 52% Surge $POLS has recently joined the ranks of tokens hitting a yearly high, reaching an impressive $0.8292 with a remarkable surge of over 52% within a 24-hour period. Functioning as a decentralized fundraising platform, Polkastarter empowers Web3 projects to initiate and raise funds through multi-chain token pools while simultaneously expanding their communities. The platform plays a […]