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Tinkoff’s Parent Firm Acquires Aximetria To Support Expansion

Russia’s renowned banking entity Tinkoff’s parent company, TCS Group Holding has acquired a majority share in Aximetria, a Swiss-based cryptocurrency startup firm. With this investment, TCS Group is gearing up for its big sweep into the digital currency space that is fast gaining pace in the global economic canvas. The company has purchased the shares…

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Axis Bank Performs First Domestic Trade Transaction on SLDE

Working as the third-largest private sector banking entity in India, Axis Bank has successfully processed the industry-first blockchain transaction on Secured Logistics Document Exchange (SLDE) ecosystem. The highly-anticipated Domestic Trade Transaction was executed with Arcelor Mittal Nippon Steel India (AM/NS India) and Lalit Pipes & Pipes Ltd. (LPPL) on SLDE’s government-supported decentralized exchange platform. With…

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Hong Kong Monetary Authority Reveals Regulatory Plans For Stablecoins

Considering the growing popularity and craze for stablecoins in the global finance space, Hong Kong’s central bank, the Hong Kong Monetary Authority has shared plans for regulating the industry. On Wednesday, the banking authority released a discussion paper concerning cryptocurrencies and stablecoins. The paper highlighted various crucial pointers on strategies to be adopted by the…

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Animal Concerts has partners with Klaytn to bring K-pop to Metaverse

Working as a top-tier concert streaming platform focused on offering a next-gen entertainment experience, Animal Concerts has collaborated with Klaytn blockchain firm. Hailing from South Korea, Klaytn network is a decentralized platform controlled by the globally-renowned Kakao internet group. With this partnership, Animal Concerts’ Metaverse ecosystem is looking forward to exploring the Korean entertainment sector…

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Meta Hires People from Microsoft and Apple To Support Metaverse Project

With Metaverse growing as a revolutionary power capable of overtaking the existing technologies, Meta Platforms is taking significant steps to place itself at a higher rank in the industry. The recent analytics suggest that Meta (formerly Facebook) is hiring new employees who have earlier worked with global tech giants like Microsoft and Apple to further…

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Andre Iguodala to receive salary in crypto

In recent times, we have seen many incidents where renowned personalities from multiple fields have shown interest in receiving their salary in crypto. The latest addition to this list is Andre Iguodala, the three-time NBA champion and basketball player for the Golden State Warriors. The star player revealed on Twitter that he would take a…

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Binance.US to build an Office in Solana Metaverse

Leading cryptocurrency exchange Binance.US has announced that the platform is building an office space in the virtual world of the popular Metaverse ecosystem, Portals. With this, Binance.US will be putting its first dedicated step towards the fast-growing realm of Metaverse technology. Curated on the decentralized Solana blockchain channel, Portals offers access to a dense urban…

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PayPal Confirms To Explore Stablecoin

Working as one of the largest American Fintech firms, PayPal Holdings is all set to launch a powerful stablecoin project for the global community of investors. The highly-anticipated decentralized product will be introduced to the users as ‘PayPal Coin.’ Interestingly, the global payment facilitator’s exploration into creating a stablecoin was first disclosed by developer Steve…

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Disney patents technology to focus on theme park in Metaverse

Tired of the typical theme park experience? Well, then Disney Enterprises has something special to offer to you from its piggyback. Yes!!!! That something is an exclusive theme park ‘Metaverse’ that puts together technology and fun to unleash the power of thrilling entertainment. Working as a premier multinational entertainment and media conglomerate from the United…

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P2E game Nyan Heroes wants to support 1B sheltered cats

The Non-Fungible Tokens are the latest ‘popular babies’ of the crypto space as investors continue to flock towards the sector for expanding their investments. What makes these digital collectibles even more special is the fact that they are actively used in channelizing noble initiatives by NFT firms. In the latest project, upcoming Play-to-Earn game Nyan…