Over 600K new tokens launched in January, sparking liquidity fears

Arrano Capital, the blockchain arm of Venture Smart Asia, announced they had met the regulatory requirements in HK to launch a crypto fund. 763 Total views 23 Total shares Venture Smart Asia has launched Hong Kong’s first approved cryptocurrency fund with a target of $100 million under management for its first year.According to an April…

While Bitcoin remains in a cool-off period after thrusting to its all-time high in early November and the decentralized finance (DeFi) sector in an apparent dry spell, gaming tokens seem to have taken the spotlight as massive gains are seen across the industry. The Sandbox’ SAND captured headlines as it spearheaded the enthusiasm for gaming tokens,…

Global market infrastructure provider Deutsche Borse Group, Swiss state-owned telecoms and ICT firm Swisscom, and Swiss and Singapore-based fintech company Sygnum have entered into a strategic partnership to build out a compliant financial market infrastructure for digital assets. The development was announced in a joint press release published on March 11.The new initiative will reportedly…

In the precariousness of Web3 open-source code, iterative development and “move fast” ethos, things break. And through breaking, things are also made. A new project allows anyone to create a copy of someone else’s NFT, aptly named “Mimics.”But how does Mimics work, and what does it mean for the NFT art market to have a…

The rise of nonfungible tokens, or NFTs, has been nothing short of astounding this year. Google searches for “NFT” are up over 600% since mid-February, hitting initial coin offering mania levels, and the top NFT platforms are turning over millions of dollars each day.In a single 24-hour period earlier in March, sport collectibles platform NBA…

After facing multiple delays, Filecoin (FIL) is now looking toward a mainnet launch in Q3 2020 — which will be supported by a Gemini exchange custody solution.Filecoin will send ICO participants their FIL coins on Gemini’s custody platform after the project’s expected Q3 launch, Gemini said in a Feb. 25 announcement.A file storage solutionThe Filecoin…

The United States District Court for the Central District of California has issued a summons to video-game virtual good company OPSkins Group and Worldwide Asset eXchange (WAX) in response to a complaint filed by Crypto Asset Fund.The allegationsOn Aug. 15, the court issued a summons to OPSkins Group, WAX and several of their high-level employees…

Some people think that permissioned distributed ledger technology can perform better than open blockchain because it is tweaked to address the issues of the latter. Such systems are also called “permissioned blockchain,” as if blockchain is a high-level concept and “permissioned” is one of its variants. But this statement is controversial and down below, you…

Binance founder and former CEO Changpeng Zhao is expected to be sentenced on April 30 after pleading guilty to money laundering in November 2023.