Square-Enix backs blockchain-based football MMO ‘Soccerverse’
The game uses the Polygon blockchain and currently runs in most browsers.
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10 industry leaders’ tips for regulators as they start to scrutinize NFTs
Many outside the crypto industry first heard of nonfungible tokens only within the last year or so, with most mainstream coverage focused on the digital artwork market. Those not in the know may well have thought NFTs would amount to nothing more than digital collectibles. However, industry pioneers grasped the full potential of NFTs, and…

US lawmakers seek to make stablecoins illegal without federal approval
A new bill introduced to Congress seeks to control the entire stablecoin industry by requiring all related activities to obtain federal approval first 339 Total views 3 Total shares A new bill, introduced to US Congress on Wednesday night, could enforce blanket regulation on all stablecoins. If passed, any service provided in relation to these…

Canadian Exchange Bitbuy to Offer 1:1 Bitcoin Deposit Insurance
Toronto-based cryptocurrency exchange teams up with a local security firm to offer full security against “the unthinkable”. 370 Total views 26 Total shares Toronto-based cryptocurrency exchange, Bitbuy, now offers full insurance on all Bitcoin (BTC) deposits in an apparent first for the industry, according to a press release shared with Cointelegraph on May 27.The platform…

Memecoin search interest and market performance steals spotlight from Bitcoin
Memecoins have surged in popularity, outpacing Bitcoin in both search interest and market gains, but how long the trend will last is unclear.

HSBC Global Head of Digital Says the Bank Is ‘Cautiously Looking’ at Crypto Investment
Global Head of Digital at HSBC, Josh Bottomley, said that the bank is “cautiously looking” at cryptocurrency use cases, Forbes reported July 19. In an interview with Forbes, Bottomley said that HSBC is “cautiously looking into this area [cryptocurrencies],” when asked about the bank’s approach to the crypto. Bottomley further explained that “there’s a use…

Bitcoin price must close week above $97K for 'attack to the ATH' — Analysis
Bitcoin may make a run for all-time highs if a key support level holds, new BTC price analysis concludes.

Hotbit crypto exchange shuts down for maintenance after attempted hack
The Chinese crypto exchange says funds are “SAFU” and that the emergency maintenance could take up to two weeks. 398 Total views 2 Total shares Cryptocurrency exchange platform Hotbit has shut down all of its services after an attempted cyberattack on Thursday.“Hotbit just suffered a serious cyber-attack starting around 08:00 PM UTC, April 29, 2021,…

Raiz to Offer Bitcoin Fund to Australian Retail Investors in 2020
Australian micro-investment startup Raiz is set to bring Bitcoin (BTC) fund options to its users, Australian Financial Review (AFR) reports on Jan. 20. The firm cleared the last legal hurdle with the Australian Securities and Investment Commission (ASIC), the country’s financial watchdog agency.Raiz is a fintech startup offering micro-investment services to its 300,000 registered accounts.…