TL:DR •On Thursday, former U.S. President Donald Trump released a 45,000-piece series of $99-apiece NFTs following long-awaited hints that a “major announcement” would be forthcoming. • The NFT “trading cards”...Read More
Roblox is a game development environment where users can create their games and play the games created by others. TL:DR The platform has 47 million daily active users globally and 9.5...Read More
TL:DR •A class action lawsuit has been filed against Silvergate Bank, alleging that the company aided and abetted FTX’s fraudulent activities. • The suit claims that Silvergate is liable for...Read More
•Warner Music Group is partnering with DressX, a digital fashion startup, to create and license 3D avatar wearables and AR virtual clothing for fans. • The partnership is part of...Read More
•Flow’s cryptocurrency hit a new low under $0.90 on Thursday, amid falling NFT activity on the platform and recent layoffs from creator Dapper Labs. • Flow has fallen 98% in...Read More
•In response to the collapse of digital asset exchange FTX, the NYDFS has released crypto rules for banks. • Banks in NY must submit a business plan to the NYDFS...Read More
Wait …wait…What?? •The digital trading cards will sell for $99 apiece and enter buyers into sweepstakes to win certain perks, including an invite to a gala dinner with Trump or even...Read More
Animoca Brands Corporation Limited has taken a majority stake in Pixelynx, Inc. through its controlled subsidiary. • Pixelynx is a music metaverse gaming platform founded by musicians and technologists deadmau5...Read More
•Infinite Reality, a company that takes companies into the metaverse, announced plans to go public through a special purpose acquisition company (SPAC). • The transaction values the combined company at...Read More
Paradigm, a crypto derivatives platform, is cutting its employees’ salaries by 15%, citing dismal market conditions. • The company said in a statement that salary cuts will reduce the need...Read More
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