Seoul, South Korea, 15th March, 2023, Chainwire Wemade Co., Ltd (KOSDAQ:112040), one of the largest publicly-listed gaming companies in South Korea with a market capitalization of US$1.4 billion, has announced a strategic partnership with Space and Time (SxT), a leader in decentralized data warehousing. The partnership will allow Wemade to power its blockchain and gaming […]
Tag: STO
South Korea’s Wemade partners with Space and Time to power next-generation blockchain gaming
Wemade and Space and Time want to use blockchain technology to power the next generation of GameFi. WEMIX CEO Shane Kim says “blockchain is the future of gaming.” The partnership targets onboarding the next wave of game developers to the blockchain gaming industry. Wemade, a leading publicly-listed South Korea-based game developer, has announced a strategic […]
Crypto Bank Anchorage Digital Cutting Workforce By 20%
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. The only federally chartered crypto bank in the US, Anchorage Digital, revealed on Tuesday it is “initiating a strategic realignment” which will involve reducing its workforce by 20%. The press release cited regulatory conditions […]
NY Financial Regulators Deny Signature Bank Closure Was a Warning to Crypto
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. According to a Tuesday report, the New York state financial watchdog denied the recent claims that Signature Bank was closed as a warning to the digital assets industry. Signature was shut down on Sunday […]
Sandbox Launching Limited-Edition Gordon Ramsay Web3 Avatars on March 15th
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. This Tuesday, the Web3 gaming platform Sandbox announced the launch of limited edition Gordon Ramsay-inspired avatars. The 2,333 avatars are expected to come in two waves and will grant exclusive access to “exclusive experiences” […]
Hashrate Asset Group Security Token Set to Go Live on INX.One
Digital securities platform INX has just announced that its clients will soon have access to a new asset, known as the Hashrate Asset Group ‘HAG’ Bitcoin mining security token, through its marketplace ‘INX.One‘. What is the HAG Security Token? Mining BTC is a process which secures the Bitcoin network, processes transactions, and can be quite […]
The Psychology of NFT Collecting: The Appeal of Ownership and Exclusivity
<p>NFTs, or non-fungible tokens, have grown in popularity in recent years. These digital assets are one-of-a-kind works of art, music, and other digital content that are frequently bought and sold for millions of dollars. </p><p>But what is it about collecting NFTs that has piqued the interest of so many people? In this article, we will […]
China Sees 30,000% Surge in NFT Complaints Amid Growing Adoption
Neither the author, Ruholamin Haqshanas, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Chinese regulators have seen a spike in complaints about non-fungible tokens (NFTs) over the past year amid the growing popularity of digital art in the country. There were around 60,000 NFT-related complaints in 2022, compared to […]
EUL token down 52% after the $200 million Euler protocol exploit
Hackers stole almost $200 million from Euler protocol on Monday. USDC accounted for a majority of the stolen tokens. Euler Labs is currently working to recover the funds. Euler protocol is facing a different threat from the crypto firm collapses, crypto lawsuits, and crypto-related bank shutdowns that have plagued the crypto space in the recent […]
Meta’s Head of FinTech Says Company “Winding Down” NFT Support
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. On Monday, March 13th, Stephane Kasriel, Meta’s Head of Commerce and FinTech, announced that his company will be winding down support for non-fungible tokens and focusing on “other ways to support creators, people, and […]