ox
Mt. Gox Creditor Refutes Fake Report about Upcoming 140K BTC Release
Eric Wall has announced that Mt. Gox is not soon distributing coins. Wall has refuted claims that the exchange plans to distribute 140,000 Bitcoins soon to the affected investors.
McDonald's Hong Kong Partners with Sandbox to Launch First Metaverse Experience, McNuggets Land
McDonald's Hong Kong has teamed up with The Sandbox to create the first Web3 experience platform. This partnership has resulted in the launch of "McNuggets Land", a unique metaverse gaming experience that marks the 40th anniversary of McNuggets.
SEC Freezes Assets of DEBT Box in $50 Million Crypto Fraud Case
The U.S. Securities and Exchange Commission (SEC) has obtained a temporary asset freeze, restraining order, and other emergency relief against Digital Licensing Inc., a Utah-based entity operating as "DEBT Box," along with its four principals and 13 other defendants.
Animoca Brands Reports US$402 Million Bookings for 2022
Animoca Brands, a leading digital entertainment and blockchain technology company, reported strong financial performance in 2022, with bookings reaching A$594 million and a strong liquidity position, despite expanding its business portfolio.
China’s Central Bank Reveals First Cohort of its FinTech Regulatory Sandbox Pilot
The Chinese central bank’s Shanghai headquarters has recently revealed the Shanghai FinTech Innovation regulatory sandbox application list. The People’s Bank of China’s (PBoC) Shanghai branch is currently soliciting opinions from the public on eight applications to be included in the FinTech innovation supervision pilot.
Solana to Replace Ethereum in Blockchain Gaming, Paradox Studios Founder Says
Compared to Ethereum’s Solidity language when developing play-to-earn (P2E) games, the ease of use of Solana’s building language- Rust will give Solana a competitive edge, according to AmioTalio.
Virtual Assets Investment Opens Opportunity to H.K. Residents, While Adrian Cheng Invests in Sandbox
As residents in Hong Kong struggle to purchase physical property, The Sandbox's virtual assets could be a lucrative investment opportunity for many.
Hong Kong Blockchain Ecosystem Feb 2020 - New Members
Hong Kong Blockchain Ecosystem Feb 2020 - New Members
Debt Box vs SEC: Court Reverses Asset Freeze, Raises Questions on SEC's Conduct
Debt Box is suing the SEC for misrepresentation of evidence in obtaining an asset freeze, citing potential sanctions for misleading arguments.
BondbloX Secures $6M in Series B Funding Led by Beacon Venture Capital
Singapore-based FinTech company BondEvalue has raised $6 million in a Series B funding round, led by Beacon Venture Capital and supported by MassMutual Ventures and Citigroup. The funding will expand BondbloX Bond Exchange, a distributed ledger technology that democratizes bond market access through fractional and full-size trading.
Ex-IMF Top Economist Shortlisted to Lead Roxe's CBDC Pursuit
Former IMF economist Andreas Jobst will lead Roxe's CBDC Solutions built to leverage the Bitcoin hashrate.
Josh Swihart Becomes CEO of Electric Coin Company (Zcash) as Zooko Wilcox Steps Down
Josh Swihart replaces Zooko Wilcox as CEO of Electric Coin Company, bringing a strong background in technology and product development to drive the growth of Zcash.
$SAND Price May Plunge with 127 Million Transferred from The Sandbox Wallets
127M $SAND was transferred from The Sandbox wallets on Aug 4, 2023. The move, along with upcoming unlocking of 16.16% of supply, may pressure $SAND price.
ING Bank-Led Security Token-Focused Project Pyctor Was Selected by UK's FCA for its Regulatory Sandbox
Led by ING Bank, in collaboration with ABN AMRO, BNP Paribas Securities Services, Invesco US, Société Générale – Forge, State Street, and others have launched a digital asset project — Pcytor.
AI : Experts Predict Human-Level Intelligence Within Decades
A 2023 Oxford University survey forecasts a 50% chance of AI surpassing human performance in a decade, potentially reshaping jobs and industries by 2116. This rapid AI development calls for equitable access and bias mitigation.
PANGU Announces 'PANGU ECOLAND' NFT drop from June 14
Hong Kong-based and the Metaverse-driven startup agency PANGU by Kenal (PANGU) announced that it will be launching the 'PANGU ECOLAND' NFT drop from June 14 at 11pm local time.
Digital Asset Income Application Finblox Completes $3.9M Funding in Seed Round
Hong Kong-based digital asset income application Finblox announced the completion of a $3.9 million seed round.
OKX Wallet Integrates Oxalus, Aark Digital, KiloEx, and Pendle in One Week
OKX Wallet has partnered with Oxalus, Aark Digital, KiloEx, and Pendle in just one week, solidifying its position in the blockchain and cryptocurrency landscape.
Fox Corporation and Polygon Unveil "Verify for Blockchain-Based Content Authentication
Fox Corporation partners with Polygon to launch 'Verify', a blockchain-based tool for authenticating digital content. Verify aims to combat AI-generated media and deepfakes, ensuring the integrity of media content in the digital age.
Forbidden Wealth: 80,000 Bitcoin Abandoned for Nearly a Decade
A BTC wallet address said to be associated with the now-defunct Mt. Gox Exchange holding an estimated 80,000 Bitcoin worth around $800 million is said to be untouched revealed by a source on Feb 17.
Mozilla Foundation Backtracks on Accepting Cryptos after Backlash
Mozilla has reversed its stance on accepting cryptocurrencies after facing backlash over concerns about the impact cryptocurrency mining has on the environment.
Aussie Trading Platform Collapses after User's Damning Complaints
MyCryptoWallet, a platform that operates as a trading platform in Australia went bankrupt. A situation that was inevitable as many of the platform’s users started complaining that they were unable to access their funds on the exchange.
US District Court Sanctions SEC Over Misconduct in Debt Box Litigation
US District Court Judge Robert J. Shelby reprimands the SEC for "bad faith" conduct, imposing sanctions amid Debt Box lawsuit proceedings.
Standard Chartered's Virtual Bank, Mox Will Usher in New Era of Banking for Hong Kong
Mox Bank Limited, or Mox, the new virtual bank in Hong Kong recently launched by Standard Chartered, has now been made available to select customers via invitation in an external pilot. The aim of the pilot is to prepare the state-of-art virtual bank for the public launch scheduled for later this year.
HKMA Initiates Stablecoin Issuer Sandbox Program
The HKMA has announced the launch of a stablecoin issuer sandbox, a step forward for fintech innovation in Hong Kong, aligning with regulatory oversight.
Metaverse Giants Collaborate to Form DAO Metaverse Alliance
Metaverse developers have collaborated to form the DAO Metaverse called "Open Metaverse Alliance for Web3" (OMA3), aiming to provide enterprises with new decentralized business models.
Animoca Brands to Focus on Markets Outside U.S. after SEC Labels Sand Cryptocurrency an Unregistered Security
Hong Kong-based blockchain giant, Animoca Brands, has announced its plans to shift its focus to markets outside the U.S.
R3 Highlights the Transformative Potential of Tokenization in Finance
R3, a leading enterprise blockchain software firm, discusses the transformative potential of tokenization in the financial sector. The company emphasizes the need for regulatory frameworks and industry standards to unlock the full benefits of digital assets. According to a June 2023 report from Bernstein, $5 trillion in assets could be tokenized in the next five years, offering significant opportunities for market participants.
Fox Corp Leads a $100M Strategic Investment in Blockchain Digital Content Management Company Eluvio
U.S. media giant Fox Corp announced a $100 million strategic investment in Eluvio, a blockchain digital content management company to expand the Non-fungible token (NFT) business.
SEC Withdraws Lawsuit Against Debt Box Amid Misleading Evidence Controversy
The SEC has withdrawn its lawsuit against Debt Box, accusing it of a $50 million fraudulent scheme, paving the way for future charges and a significant shift in crypto firm regulatory landscape.
OpenAI Negotiates Licensing with Major Media Amid NY Times Copyright Dispute
OpenAI is negotiating content licensing with major media outlets like CNN, Fox, and Time, amidst a copyright lawsuit with The New York Times. The talks highlight the evolving relationship between AI technology and media copyright, with issues like fair compensation and legal clarity at the forefront.
Mt.Gox Sets Jan 10 as Deadline for Creditors to Register for Compensation
There seems to be a beam of light for customers of bitcoin exchange operator Mt.Gox as a date has been set for creditors to register and choose a repayment plan for them to recover their lost funds
Samsung Electronics to Secure its Smart Gadgets With Blockchain-Based Solution
Multinational tech giant, Samsung Electronics has unveiled its plans to protect its connected devices using a Samsung Knox Matrix solution
Brazilian Crypto Exchange Foxbit Raises $21M in Series A funding, Led by OK Group
Brazilan Cryptocurrency exchange Foxbit announced that it has raised $21 million in a Series A round led by OK Group, owner of cryptocurrency exchange Okcoin.
US Wealth Manager Confirms on CNBC that PayPal Will Enable Merchant Cryptocurrency Payments
Wealth manager, Sandi Bragar, considers PayPal as the best choice for businesses because of its bet on cryptocurrency.
Extraterrestrial Evidence: A 15-Year Scientific Wager
Astrobiologist Schulze-Makuch and planetary scientist Ian Crawford predict technological extraterrestrial life within 15 years, highlighting rapid space exploration advancements and cosmic significance.
The Sandbox Taps Cybersecurity Firm Brandshield to Tackle Rising NFT Frauds
The Sandbox said introducing cybersecurity solutions with Brandshield is a testament to its efforts to stay ahead of fraudsters and build a fraud-free digital environment.
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Fox Corp Puts $100M Creative Fund for NFT Project
U.S. media giant Fox Corp announced the company is raising a total of $100M creative fund for its NFT company Blockchain Creative Labs, aimed at inspiring content creators.
PCCW, HKT Becomes 1st Hong Kong-based CMT to Join the Metaverse
PCCW and HKT have become the first Hong Kong-based communications, media and technology (CMT) organisations to join the metaverse following a partnership with The Sandbox.
Trump Warns of AI and Deepfake Dangers in Fox Business Interview
Former President Donald Trump criticized AI and deepfake technology, stating they pose significant risks and require urgent action to mitigate potential conflict and misinformation, emphasizing the complexities of regulating AI and ensuring ethical use.
Mt. Gox Updates Creditors on Repayment Progress
Mt. Gox cryptocurrency exchange has provided an update on its repayment progress for creditors. The company's rehabilitation trustee, Nobuaki Kobayashi, announced that the deadline for creditors to provide their repayment information has passed, and that repayments will be carried out until October 31, 2023, with the possibility of an extension. The repayment process is expected to take some time due to necessary preparations.
Binance Spreads Holiday Cheer With Themed Gift Card And Secret Santa Events
This year, Binance expanded its Gift Cards selection to include over 238 unique holiday-themed designs. Adding to the festivities, the platform is hosting a series of promotional events, including Mystery Boxes and a Secret Santa promotion with more than $70,000 in rewards.
Oxford City Football Club Partners with CoinCorner to Accept Bitcoin Payment
Oxford City Football Club (OCFC), one of the world's most successful and coveted football clubs, has partnered with Isle of Man-based bitcoin company CoinCorner to offer bitcoin payments.
OKX Ventures Fuels Moonbox's AI and Web3 Ambitions with $1M Investment
OKX Ventures invests $1M in AI and Web3 startup Moonbox, aiming to boost development of AI-powered NFTs. The funding will accelerate product growth and promote the integration of AI and Web3.
Standard Chartered Enters The Sandbox Metaverse
Banking giant Standard Chartered has entered the metaverse with The Sandbox to build a virtual space for its clients and supporters.
Oxford Study Reveals "Prospective Configuration" - A Novel Brain Learning Principle Surpassing AI
Oxford University and the MRC Brain Network Dynamics Unit have discovered a new principle of brain learning called "prospective configuration," suggesting the human brain has a superior learning mechanism compared to AI systems. Future research aims to develop learning algorithms.
Now-Defunct Crypto Exchange Mt. Gox Issues Commemorative NFT
Mark Karpeles, the former CEO of suspended Japanese cryptocurrency exchange Mt. Gox, announced the launch of a non-fungible commemorative token for certain eligible users.
bloXroute Raises $70M in Series B Funding to Speed up DeFi transactions
As a critical infrastructure provider for quick decentralized finance (DeFi) trades on Ethereum, Polygon, and Binance Smart Chain, bloXroute has raised $70 million in Series B funding to boost its quest of reducing latency on blockchain networks.
HSBC Enters Metaverse Space through Collaboration with the Sandbox
HSBC is leaping into the metaverse to engage with customers, increase sales, widen its social media reach, and demonstrate its relevance.
The UK's New Digital Securities Sandbox: A Step Forward for Crypto Innovation
The UK government's Digital Securities Sandbox, set to launch on January 8, 2024, allows crypto firms to test products and services, promoting financial technology innovation and consumer protection.
OPNX's 7-Day Trade Volume Average Hits $80 Million ATH, 69% of Minted $OX Staked
OPNX reports a 7-day trade volume average hitting an all-time high of $80M, with 69% of minted $OX locked in staking.
Fox Renews Dan Harmon Krapopolis for Third Season Amid NFT Tie-Up
Fox has renewed the animated comedy series, Krapopolis, for a third season before its first season even airs. Produced by Fox Corp’s NFT firm Blockchain Creative Labs, the show features NFTs called “Krap Chickens” that depict cartoon chicken avatars in the same art style as the show, and holders are given exclusive access to experiences, content, rewards, and voting rights on certain aspects of the show. In other NFT-related news, Baobab Studios sold out its first collection of 8,888 NFTs just nine hours after launch, and Flare welcomed its first NFT platform after Sparkles went live. Additionally, Square Enix’s NFT-friendly CEO, Yosuke Matsuda, is stepping down after nearly 10 years at the helm.
KYC on Exchanges Powerless Against PlusToken Ponzi Scammers According to New Report
The PlusToken Ponzi scheme operators are using regulated KYC compliant exchanges to dump their cryptocurrency according to an updated report by investigative firm OXT Research.
OPNX to Launch FatManTerra Justice Token, Airdropping to LUNC and LUNA Holders
OPNX has announced the imminent launch of the FatManTerra Justice Token. This move comes in response to the commencement of legal proceedings against FatManTerra by several parties.
OKX Announces Listing of Foxy (FOXY) for Spot Trading
OKX has listed Foxy (FOXY) on its spot trading market, offering traders and investors opportunities to build a vibrant community based on memes.
The Sandbox Q2 2023 Report: 59% Increase in NFT Mints, 52% Rise in Primary Sales, 15% Fall in Revenue in Q2
The Sandbox, a leading gaming metaverse, posted a mixed performance in the second quarter of 2023, according to a report released by Messari. The platform saw a robust 59% QoQ increase in NFT mints, primary sales were up 52% QoQ, and active buyers grew 22% QoQ.
Standard Chartered's Planned Hong Kong Virtual Bank Announced as Mox
Mox is the new virtual bank in Hong Kong to be launched by Standard Chartered in partnership with PCCW, HKT and Trip.com. Launching later this year, the mission of Mox is to help everyone in Hong Kong grow – “your money, your world, your possibilities.”
European Regulatory Blockchain Sandbox Welcomes Its First 20 Projects
On July 3rd, Europe's blockchain regulatory sandbox officially introduced its inaugural set of use cases. This milestone follows a period of eager anticipation in the industry, culminating from nearly 90 applications submitted back in April.
The Sandbox Expands Footprints in Hong Kong for Alpha Season 3
Decentralized virtual gaming developer The Sandbox, a subsidiary of Animoca Brands, announced Thursday to roll out the first pop-up atelier in Hong Kong for the upcoming seasonal events.
Hong Kong's MTR Becomes World's 1st Transport Operator to Enter The Sandbox Metaverse
Hong Kong's MTR Corporation has become the first global transport operator to join The Sandbox metaverse to create new and immersive experiences in the virtual world.
Finblox Raises Withdrawal Limit, Exploring Lawsuit against 3AC
Finblox has increased its limits for crypto withdrawals. Crypto staking platform raised the cap from $1,500 monthly to $3,000 daily. Finbox also plans to recover its funds from Three Arrows Capital through legal actions.
Hong Kong's 2024 Budget Introduces 'Regulatory Sandbox' for Stablecoin Testing
Hong Kong to launch a 'regulatory sandbox' for testing stablecoin issuance and business models, as outlined in the city's 2024 budget plan.
Binance to Sponsor The Weekend's Upcoming Music Tour
Binance cryptocurrency exchange, the world’s largest crypto exchange platform by trading volume has announced it will be the major sponsor of Canadian hip-hop singer, The Weeknd’s "After Hours Til Dawn" tour.
Singapore's DBS Acquires Land in The Sandbox Metaverse
The Development Bank of Singapore Ltd, a multinational financial institution based in Marina Bay Singapore has proposed to secure land in the Sandbox metaverse
Pahdo Labs Secures $15M Series A Funding led by a16z
New York-based game development studio Pahdo Labs has raised $15M in a Series A financing round, with participation from Pear VC, BoxGroup, Long Journey Ventures, Neo, and Global Founders Capital. The company, founded in 2021, focuses on creating multiplayer video games and is launching its upcoming project, "Halcyon Zero," in September. The game, built on the Godot Engine, combines anime aesthetics and action role-playing, allowing players to craft their own worlds.
The European Commission Announces the Launch of the European Blockchain Regulatory Sandbox
The European Blockchain Regulatory Sandbox helps 20 projects each year obtain legal and regulatory support from the European Commission.
HK's PANGU Constructs Virtual Space in Metaverse, Expanding P2E Model for Business Growth
Speaking to Blockchain.News in an exclusive interview, Hong Kong-based graphic design and production start-up PANGU, a metaverse agency appointed by the Sandbox, provides one-stop-solution services for clients to establish and develop their own virtual land in the Metaverse.
MoneyBox Raises £35m with Plans to Launch ‘Crypto-Investing’
MoneyBox is getting ready to launch its crypto trading service later this year. The firm has announced a $35 million seed funding round to help it accelerate the plan.
The Sandbox, FlickPlay Collaborate to Accelerate Interoperability in Metaverse
With the metaverse expected to be worth between $8 trillion and $13 trillion by 2030, virtual world gaming platforms The Sandbox and FlickPlay have joined hands to enhance its adoption by offering players a blockchain asset.
Line’s Singapore Crypto Exchange Relaunched as US-based Bitfront
Line, the Japanese messaging service has closed its Singapore-based cryptocurrency exchange and relaunched the exchange service globally from a United States-based platform.
The Sandbox partners with Ledger Enterprise for NFT security integration.
The Sandbox has partnered with Ledger Enterprise to develop security integration for its partners. The collaboration will enable the migration of nonfungible token collections to the Ledger wallet, and The Sandbox will appear as a DApp on Ledger Enterprise.
NFT Platform iBox Fined 400,000 RMB for Violating China's Anti-Unfair Competition Law
Popular Chinese NFT platform iBox.art, has recently faced a penalty of 400,000 RMB for violating China's Anti-Unfair Competition Law. The law aims to ensure fairness in business promotions, stating that the maximum value of a top prize in a lottery-style sales event should not exceed 50,000 RMB.
The Sandbox Appoints Nicola Sebastiani as Chief Content Officer
The Sandbox announced the appointment of Nicola Sebastiani as its Chief Content Officer to bolster its global content development. With a notable background from Sony PlayStation Studios and Apple, Sebastiani is set to enhance The Sandbox’s creator and content ecosystems. Alongside, executive promotions were announced with Mathieu Nouzareth now as Chief Business Officer and Amit Kumar as Chief Marketing Officer, marking a strategic move towards expanding its global community and fostering user-generated content in its decentralized virtual platform.
Mt. Gox Double Payment Error: Creditors Urged to Return Overpaid Funds
Mt. Gox, a former Bitcoin exchange, paid creditors twice during its settlement process, causing mixed reactions among creditors and underscoring the complexities of the decade-long aftermath.
Dubai Regulator Establishes Virtual HQ in the Sandbox Metaverse
Dubai is committed to growing the domestic digital asset sector, a local crypto regulator announced on Tuesday that it has created a virtual headquarters in The Sandbox metaverse platform.
Blockstack Breaks New Ground with Proof of Transfer (PoX) Consensus Mechanism, like PoS Without the Risk
Blockstack recently released a white paper for a new blockchain consensus mechanism called Proof of Transfer (PoX). The mechanism is for blockchains piggybacking off the Bitcoin blockchain or other PoW networks, and would require miners to commit BTC to secure the block rather than proof of work.
Metaverse Unicorn The Sandbox Targets to Raise $400m Funding at $4b Valuation
The Sandbox metaverse is in negotiations with investors as it looks to raise $400 million in the latest funding round.
SEC Regrets Missteps in Debt Box Case: A Lesson in Legal Accountability
The SEC's acknowledgement of errors in the Debt Box case highlights the significance of accuracy and candor in legal proceedings, impacting regulatory practices in the cryptocurrency sector.
GlobalSTOX’s Wholly-Owned Subsidiary Has Successfully Obtained a TCSP License
GlobalSTOX Limited (“GSL”) is pleased to announce that its wholly-owned subsidiary, HKSTOX Finance Limited, has successfully obtained a Trust or Company Service Provider License (“TCSP License”) on 29 April 2020. The TCSP license number is TC007109.
Sandbox Launches Metaverse Accelerator Program, Offering $50M for 100 Startups
Virtual Metaverse gaming platform Sandbox has launched the Metaverse accelerator program, which will provide 100 startups with $50 million in start-up capital to promote the development of the Metaverse.
Anticipated Return of $9B Mt. Gox-era Bitcoin May Spur Market Anxiety
K33 Research analysts warn that the potential return of over $9 billion worth of Mt. Gox-era Bitcoin could unsettle the market and exert negative price pressure on Bitcoin. Creditors of the now-defunct Mt. Gox crypto exchange have shared updates on their claims, indicating that Bitcoin repayments could begin as early as next month. The sheer quantity of Bitcoin involved could create an "overhang" and potentially impact Bitcoin's price in the coming weeks.
Animoca Brands Receives $358M Boost, the Gaming Firm Goes on Acquisition Rampage
Animoca Brands has raised $358.88 million from investors led by Liberty City Ventures.
Mox Bank to Launch Crypto Investment Services
Hong Kong-based virtual bank Mox Bank has recently announced plans to introduce cryptocurrency investment services in the second half of 2024, providing customers with access to popular digital assets such as Bitcoin and Ethereum.
Oxfam's Blockchain-Based Agricultural Insurance Firms in Sri Lanka Pay Farmers with Crypto
Insurance in the agricultural sector is becoming digitized through blockchain based solutions in Sri Lanka as Oxfam pays farmers in cryptocurrencies
Mt. Gox Creditors Given Extra Month to Register Claims, Distribution Deadline Delayed
The registration deadline for Mt. Gox creditors has been pushed back by another month, allowing creditors to file claims until April 6. The distribution of assets to creditors will now start from Oct. 31 instead of Sept. 30. Mt. Gox creditors have been waiting for years to get compensated for losses incurred because of the exchange hack in 2014. The extension in the deadline means that creditors will have another month to decide whether to take a lower amount now or wait another nine years to get the full amount.
Citi Joins BondbloX Bond Exchange as First Digital Custodian
Citi Securities Services has become the first digital custodian participant on the BondbloX Bond Exchange (BBX), the world's first fractional bond exchange. The partnership allows Citi clients to become BBX participants, facilitating the trading of both fractionalized and full-sized bonds. Citi will oversee settlement and custody services. The partnership aims to enhance digital financial market infrastructure, provide transparency, electronic operations, and universal accessibility in the bond market.
21Shares Debuts The Sandbox-Focused ETP Product
A Switzerland-based digital currency asset manager, 21Sahres, has launched a metaverse product with a focus on The Sandbox.
Binance to Delist BAKE, ID, MBOX, OP, RDNT, UNI Related Trading Pairs in Spot Market
Binance has announced the delisting of several trading pairs in its spot market. Effective April 12, 2024, Binance will remove the BAKE/BNB, ID/TUSD, MBOX/BNB, OP/TUSD, RDNT/TUSD, and UNI/BNB trading pairs. The decision was made to maintain a high-quality trading environment and protect users. Despite the delisting, the tokens will still be available for trading on other pairs within the Binance ecosystem. Users are advised to update or cancel their Spot Trading Bots prior to the cessation to avoid any potential losses.
eToroX: Leveraging Deep Liquidity and Stablecoins for Institutional Traders
Doron Rosenblum is the Managing Director of eToroX. We were fortunate to meet up with him at the Blockshow Asia 2019, where he discussed the advanced crypto functionalities of eToroX, liquidity, and regulation.
Xbox Teams with Inworld AI for Game Dev AI Tools
Xbox and Inworld AI have partnered to develop AI tools for dialogue and narrative creation, aiming to empower creators in the gaming industry.
SFOX Working to Open Market by Facilitating Trading in Bitcoin Derivatives
Crypto prime brokerage SFOX said that they are working to open a market that facilitates banks and market makers to trade in bitcoin derivatives.
German Stock Exchange Subsidiary Blocknox Unveils Cryptocurrency Custody Services to Institutional Clients
German Stock Exchange Boerse Stuttgart has made an announcement that its subsidiary Blocknox is expanding its crypto custody service to institutional players.
NYDIG Report: Bitcoin Volatility Expected Around ETF Dates, Mt Gox Delays, and Fed Rate Impacts
The options market is expecting significant price movements in bitcoin around key ETF dates, with forward volatility of at-the-money options surged by 9.6 points. The SEC is set to respond to the BlackRock iShares Bitcoin Trust ETF by October 17th, 2023, and has until October 16th to address the Bitwise Bitcoin ETP Trust. The market is also bracing for price swings due to approval or denial. Other notable news includes Mt Gox's repayment deadline change, Grayscale Investments filing for a new Ether Futures ETF, and the Grayscale case.
Oxford Law Researchers Call for Strict Cryptocurrency Regulation to Avoid Another Financial Crisis
Researchers at Oxford University Law Faculty claim that crypto market regulation is mandatory to prevent systemic risk in times of financial crisis.
Equinox Group to Start Accepting Crypto Payments
Equinox Group, one of the most popular luxury health and fitness clubs in the United States is now permitting its members to pay for their membership subscriptions in cryptocurrencies.
Hawaii Pushes Out New Digital Currency Regulatory Sandbox to Boost Crypto Growth
The government of Hawaii has recently announced its establishment of a regulatory sandbox for digital currency companies. The partnership between the Department of Commerce and Consumer Affairs, Division of Financial Institutions (DFI) and Hawaii Technology Development Corporation (HTDC) will see the launch of Hawaii’s first pilot program aimed for digital currencies.
Deal Box offers $125M blockchain and Web3 venture fund
Deal Box created a $125 million Web3 venture capital fund. Deal Box Ventures will support emerging growth, real estate, fintech, funtech, and social impact firms. It owns Total Network Services, Rypplzz, and Forward-Edge AI. Lesetja Kganyago spoke at WEF 2023 in Davos, Switzerland. Before launching CBDCs, the SARB governor suggested a national dialogue. Crypto barely fits two of three currency standards, he said.
Animoca Brands Confirms New $110m Funding Round
Blockchain gaming and investment company, Animoca Brands has raised new capital worth $110 million from the issuance of convertible notes.
SEC's Misstep in Debt Box Lawsuit Sparks Senate Republican Critique
Five Republican senators have criticized the SEC for unethical conduct in a lawsuit against Digital Licensing, highlighting concerns about enforcement practices in the crypto sector.
Binance Announces Cessation of The Sandbox NFT Staking and Polygon Network Support
Binance NFT will halt The Sandbox NFT Staking Program on September 26, 2023, and suspend LAND NFTs for daily SAND rewards. All staked NFTs will undergo an unstaking process, with return expected by September 28, 2023. Users holding Polygon Network NFTs are advised to complete withdrawals by December 31, 2023.
Worldwide Payment Provider Adopts New Crypto-to-Crypto Buy and Sell Feature
Skrill, a notable worldwide payment provider, has revealed about integrating a new option that permits the buying and selling of all cryptocurrencies into its platform. This strategy is intended at eradicating the urge of converting cryptocurrencies into fiat so that a purchase can be made.