Metaverse Unicorn The Sandbox Targets to Raise $400m Funding at $4b Valuation
The Sandbox metaverse is in negotiations with investors as it looks to raise $400 million in a new funding round.
Talk to Earn, TAGO to Introduce Blockchain Technology in Mental Health Sector
A UK-registered tech startup is aiming to connect people in need of support for mental health through blockchain technology.
Nestle Launches First NFTs in the Middle East & North Africa
Nestle, a Swiss global food and beverage processing corporation, has released an unique limited batch of two non-fungible tokens (NFTs) named TRIX Globe to benefit a humanitarian cause in the Middle East and North Africa (MENA).
Be Media in Australia to be Acquired by Animoca Brands for Blockchain Development
Animoca Brands, based in Hong Kong, has announced that it will shortly purchase Australian digital marketing business Be Media in order to investigate potential centered on blockchain development in the country.
Gulf Energy Invests in Binance.US as Both Aim to Float a Crypto Exchange
In a letter addressed to the president of the Stock Exchange of Thailand, the country's power generation firm Gulf Energy Development Public Company Limited unveiled its investment in Binance.US through its Hong Kong-based subsidiary, Gulf International Investment Limited.
The Sandbox, FlickPlay Collaborate to Accelerate Interoperability in Metaverse
With the metaverse expected to be worth between $8 trillion and $13 trillion by 2030, virtual world gaming platforms The Sandbox and FlickPlay have joined hands to enhance its adoption by offering players a blockchain asset.
Hyundai Emerges as First Automaker to Roll Out Community-Based NFTs
South Korean auto giant Hyundai Motor has entered the non-fungible token (NFT) market after partnering with the ‘Meta Kongz’ NFT brand to enhance its customer community and brand awareness.
NFT Trading Volume Surpasses $54B, Exceeds 200% in 2022
The non-fungible token (NFT) market continues to take the world by storm based on the notable adoption and trading volume witnessed.
Hacking Costs Beanstalk Stablecoin Protocol $80M
Beanstalk, a developing Ethereum stablecoin system, has emerged as the latest blockchain business to experience a hacker intrusion, resulting in a catastrophic $80 million loss from the platform.
Twitter's 'The Rights Plan' Responds to Elon Musk's Takeover Bid
In the latest twist in the relationship between Tesla CEO Elon Musk and microblogging network Twitter, Twitter's board of directors has voted to activate the Rights Plan in response to Musk's $43 billion proposal to buy over the platform and take it private.
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