“Computer games in the 1980s and ‘90s were building their engine to build their own game … I think we’re at a very similar stage in crypto gaming right now, where if you really want to build great applications for great content, you really need to have this ability to push the envelope yourself,” said Sunarto. “That’s really why we’re this engine infrastructure team and a content game studio built in-house.” Source
Day: June 6, 2023
Agoria Empowers Fans with NFT Ownership in Upcoming Album Launch
Agoria is revolutionizing the music industry by granting fans ownership rights to his upcoming album through NFTs, creating a unique and immersive experience for his audience. Renowned French DJ, producer, and NFT artist Agoria is spearheading a groundbreaking initiative that challenges the traditional norms of the music industry. In an exciting move, Agoria is giving fans the chance to own his upcoming album through non-fungible tokens (NFTs). This innovative approach not only bridges the gap between the artist and their fans but also transforms the concept of ownership in the…
Luxembourg Antitrust Authority to Probe Blockchain, Web3 Competition
The market study may be the first of its kind to examine Web3 competition dynamics. Source
Coinbase stock plunges 20% on SEC lawsuit
The stock of cryptocurrency exchange Coinbase plunged more than 20% at the open on June 6. At the time of publication, shares have pared some losses and are currently trading at $50.14, compared to an intra-day low of $46.43. The company’s market capitalization currently stands at $13.7 billion. The same day, the United States Securities and Commission filed a lawsuit against Coinbase, alleging the operations of an unregistered national securities exchange, broker and clearing agency and failing to register the offer and sale of its crypto asset staking-as-a-service program. SEC Chair…
Louis Vuitton Launches Treasure Trunk Digital Collectible Priced at €39,000
Each Treasure Trunk from Louis Vuitton is a soulbound token that opens owners to exclusive experiences and designs. French luxury fashion house Louis Vuitton has launched its iconic travel trunk as a digital collectible in a collection called the VIA Treasure Trunk. The launch is part of Louis Vuitton’s affinity for digital adoption and Web3. The Treasure Trunks are part of Louis Vuitton’s broader “Via” project. Translated from Latin as “road”, Via is the fashion house’s project that offers several products and experiences to a select few. Each Treasure Trunk…
10 industry insiders’ tips for devs who are new to blockchain coding
Tech developers looking for a new challenge may well be turning their attention to blockchain. The space is still fresh enough that a newcomer can get in on the ground floor of exciting new developments and take their place among industry pioneers. However, devs who are used to being “tech gurus” may hesitate at the threshold, uncertain where to begin their professional journey with blockchain. And there’s no doubt there’s important homework to be done before leaping in. Below, 10 members of Cointelegraph Innovation Circle share some tips for curious…
How the Metaverse and Web3 May Revolutionize the Creator Economy
Further, of the 168 Consensus attendees who answered an electronic survey, participants were split on who will actually own the metaverse: 40% voted that megacorporations like Meta will take charge, while another 40% voted that everyone or no one will lay claim to a unified digital world. Only 19% of participants believed that early adopters with skin in the game would own the metaverse. Source
SushiSwap Launch Sushi DEX Aggregator for Liquidity Support
Sushi noted that its team had been working secretly on building an aggregation router for a while now as it is part of the platform’s bigger vision for 2023. Open-source Decentralized Exchange (DEX) SushiSwap has introduced a new aggregator as it makes its first foray into the aggregation business. With this DEX aggregator, SushiSwap customers are allowed to obtain the best prices when trading on the platform without further or additional procedures. In order words, customers will be offered optimum pricing while also exposed to a large range of assets…
Coinbase (COIN) Shares Slump After SEC Files Suit Against Company
“The legal fight will be long and costly for Coinbase, but it might be difficult to argue and prove that they didn’t commingle and unlawfully offer exchange, broker-dealer, and clearinghouse functions,” Edward Moya, a senior markets analyst at Oanda, said. Source
U.S. Doesn't 'Need More Digital Currency' Because It Has the Dollar, Says SEC's Gensler
Gensler’s comments follow landmark suits filed this week against Binance and Coinbase. Source