Fake Pokémon NFT game spreads malware, ‘Jai Ho’ singer to launch metaverse and more

Hackers hide malware in fake NFT game A phishing website purporting to offer a Pokémon-branded nonfungible token (NFT) card game has been spreading malware to unsuspecting gamers, a cybersecurity firm has warned. The website, which at the time of writing was still online, also claims to offer an NFT marketplace, with a link to buy tokens and even an area to stake NFTs all based on the popular Japanese media franchise. However, an arm of the South Korean cybersecurity firm AhnLab, warned the public about website on Jan. 6, noting…

Mexico’s digital peso delayed, unclear launch date

Mexico’s central bank digital currency (CBDC) development is still in an initial phase, and it is unlikely to be ready for launch by 2024.  According to local media reports, Mexico’s central bank, known as Banxico, is currently working on legal, administrative, and technological requirements for the peso’s digital version. The first of three stages for the proposed launch timeline. In December 2021, the local government announced its plan to introduce a national digital currency, noting on a Twitter post that the “new technologies and next-generation payment infrastructure” would improve Mexico’s…

Mexico’s digital peso delayed, launch date unclear

More than a year after it was announced, Mexico’s proposed central bank digital currency (CBDC) is still in the initial phase and unlikely to meet its 2024 launch date.  According to local media reports, Mexico’s central bank, known as Banxico, is working on legal, administrative and technological requirements for the peso’s digital version.  In December 2021, the local government announced its plan to introduce a national digital currency, noting in a tweet that the “new technologies and next-generation payment infrastructure” would improve Mexico’s financial inclusion. While that tweet mentioned a launch in…

Mastercard partners with Polygon to launch Web3 musician accelerator program

Global payments giant Mastercard is ramping up its exposure blockchain tech yet again, after announcing a Polygon-based accelerator program to help musicians build their careers via Web3. The firm announced the “Mastercard Artist Accelerator” program via a Jan. 7 blog post, outlining that from this spring, it will connect five emerging musicians from across the globe with mentors that will  help them set up their brand in the Web3 music space. “The artists will gain exclusive access to special events, music releases and more. A first-of-its-kind curriculum will teach the…

US authorities launch page to notify FTX’s alleged victims about SBF’s case

The United States Attorney’s Office for the Southern District of New York has launched a page on its website appealing to Sam Bankman-Fried’s alleged victims of fraud at FTX to come forward and informing them about court proceedings. In a Jan. 6 filing, Assistant U.S. Attorney Danielle Sassoon requested the federal court allow her office to take “reasonable, accurate, and timely notice” to inform alleged fraud victims from crypto exchange FTX while under the leadership of Bankman-Fried. According to Sassoon, the government proposed an “alternative plan” for notifying victims in…

CME Group and CF Benchmarks Teams Up to Launch New Metaverse Reference Rates

The move to provide the three new metaverse reference rates comes off as a unique contribution by the CME Group and CF Benchmarks to help with the evolution of the Web 3.0 ecosystem. American global markets firm, the CME Group Inc (NASDAQ: CME), and CF Benchmarks have partnered to launch three new metaverse reference rates as both sought to extend their footprints in the emerging Web3.0 world. According to a published press release, the three new metaverse reference rates include Axie Infinity (AXS), Chiliz (CHZ), and Decentraland (MANA). The metaverse…

Indonesia to Launch Crypto Exchange as Financial Authority Gains Regulatory Power

Indonesia plans to open a cryptocurrency exchange in 2023 — amid a financial sector overhaul that would see a transfer of enforcement powers over digital assets to the Financial Services Authority. Head of the Indonesian Commodity Futures Trading Regulatory Agency (Bappebti) Didid Noordiatmoko stated that the government will establish an exchange before the Financial Services Authority officially assumes the responsibility of cryptocurrency regulation. Currently, commodity contracts and cryptocurrencies are both traded on exchanges governed by Indonesia’s Commodity Futures Trading Regulatory Agency. There have been multiple delays in the cryptocurrency exchange’s planned opening…

CME Group to launch 3 metaverse reference rates

Derivatives marketplace CME Group is planning to launch reference rates and real-time indexes for three metaverse crypto assets, allowing investors to track pricing data more reliably using a methodology commonly used in traditional finance.  Beginning Jan. 30, CME Group and CF Benchmarks will launch reference rates for Axie Infinity Shards (AXS), Chiliz (CHZ) and Decentraland’s MANA (MANA), the company announced on Jan. 5. The reference rates and indexes are not tradeable products but instead can be used by investors to “price sector-specific portfolios, develop structured products […] and manage price…

Indonesia to launch national crypto exchange in 2023: Report

As a part of its reform of crypto regulation, Indonesia will create a crypto exchange in 2023, according to reports. The platform is planned to be launched prior to a shift of regulatory power from commodities to securities authority.  On Jan. 4, the head of the Commodity Futures Trading Regulatory Agency of Indonesia (Bappebti), Didid Noordiatmoko, stated that a crypto exchange should be set up this year. The move comes as a part of broader financial reform launched in December 2022. In accordance with the reform, in the next two…

China to Launch ‘Digital Asset Trading Platform,’ Media Report Unveils – Bitcoin News

A marketplace for digital assets is soon going to open in China under a public-private partnership, local media revealed. According to the report, the goal is to establish a regulated trading platform for digital collectibles as part of government efforts to curb market speculation with such assets. National Marketplace to Support Trading of Digital Collectibles and Copyrights in China Chinese authorities are preparing to launch a state-controlled platform allowing the trading of non-fungible tokens (NFTs) and other digital assets, local media announced. The initiative is a joint project between government…