Japanese Bank SMBC to Foray Into NFT and Web3 Markets

Japanese Bank SMBC to Foray Into NFT and Web3 Markets

Post Views: 75 The Sumitomo Mitsui Banking Corporation (SMBC), the second largest of the three biggest banks in Japan, has announced it is planning to expand into digital asset businesses, including non-fungible tokens (NFTs) and Web3 platforms. The company will partner with Hashport, a group that offers tokenization and listing services in Japan, to launch…

XRPayNet – Redefining the Industry Standard for Financial Transactions

XRPayNet – Redefining the Industry Standard for Financial Transactions

Post Views: 74 PRESS RELEASE. XRPayNet has been making major progress in the DeFi space this year. Their recent launch of a versatile mobile application has allowed users to trade with freedom. The app tautes the flexibility to trade with 90,000 trading pairs available for use. This vast expansion of technology and availability has been…

Bitcoin, Ethereum Technical Analysis: BTC, ETH Marginally Higher Ahead of Today’s Interest Rate Decision

Bitcoin, Ethereum Technical Analysis: BTC, ETH Marginally Higher Ahead of Today’s Interest Rate Decision

Post Views: 70 Bitcoin was trading marginally higher on Wednesday, as traders were preparing for today’s interest rate decision. The Federal Reserve is expected to hike rates by 75 basis points for the second month running, as inflation in the United States continues to rise to multi-decade highs. Ethereum was also in the green, rebounding…

Report: Just Over Half of South Africans Have Little to Zero Knowledge About Cryptocurrencies

Report: Just Over Half of South Africans Have Little to Zero Knowledge About Cryptocurrencies

Post Views: 91 About 53% of South Africans have little to no knowledge about cryptocurrency, while only 14% thought or felt they had a better understanding of the subject, a report has said. Nearly half of the respondents said they would only invest in cryptocurrency if or when their respective banks are involved. …

Biggie Smalls NFT Collection Sells Out in 10 Minutes, Owners Get Licensing Rights to Unreleased Freestyle

Biggie Smalls NFT Collection Sells Out in 10 Minutes, Owners Get Licensing Rights to Unreleased Freestyle

Post Views: 73 On Tuesday, the Christopher Wallace Estate, managers of the Notorious B.I.G.’s music, fashion, film, and unreleased archives, dropped a collection of 3,000 non-fungible tokens (NFTs) that sold out in ten minutes. The digital collectibles were dropped via the NFT platform Oneof, and owners of the new NFTs now have the licensing rights…

Study Findings: Crypto Investors More Attractive and Smarter, NFT Profiles Unattractive

Study Findings: Crypto Investors More Attractive and Smarter, NFT Profiles Unattractive

Post Views: 89 Cryptocurrency investors are perceived to be more attractive, smarter, and wealthier than non-investors, the latest survey by Cryptovantage has found. Just over three-quarters of respondents said they are likely to go on a date with someone if their dating app profile mentions crypto. However, some 69% of crypto investors surveyed admitted that…

Dubai Police to Release Second Collection of NFTs — Nearly 23 Million Show Interest in First Collection

Dubai Police to Release Second Collection of NFTs — Nearly 23 Million Show Interest in First Collection

Post Views: 60 Months after rolling out its first collection of non-fungible tokens (NFTs), the Dubai Police has said it will launch the next collection at the 2022 edition of The Gulf Information Technology Expo (GITEX). People from outside the country will also get a chance to own the next Dubai Police NFT collection. After…

Russia Gears Up to Regulate NFTs Through Legislative Amendments

Russia Gears Up to Regulate NFTs Through Legislative Amendments

Post Views: 69 Authorities in Russia are preparing a number of changes to existing laws in order to adopt rules for the country’s market for non-fungible tokens, or NFTs. A working group has discussed the matter and proposed solutions to legally define and regulate transactions with the digital collectibles. The Ministry of Economic Development in…

University of Tokyo to Offer Engineering Courses in the Metaverse

University of Tokyo to Offer Engineering Courses in the Metaverse

Post Views: 67 The University of Tokyo will offer a series of engineering courses using metaverse tech. The courses, which are projected to start being offered later this year, will introduce students to the subjects of engineering and will combine this knowledge with the skills to handle metaverse-based worlds, to manage the digital transformation that…