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GameStop NFT Platform’s Layer 2 Plans Sow Confusion

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A blog post from Loopring announcing that the beta of GameStop's NFT marketplace is powered by its scaling solution has sparked confusion. GameStop had previously partnered with Immutable X to build its NFT trading platform. Immutable X president Robbie Ferguson confirmed that the GameStop marketplace would act as an aggregator, with NFTs hosted on both Immutable X and Loopring available to trade.

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The Ethereum Layer 2 solution Loopring has announced that it will power the beta of GameStop’s...

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PUBG Developer Krafton Partners With Solana (SOL)

Krafton, developer of the popular videogame PUBG, said it had signed a deal with Solana Labs to jointly develop blockchain and NFT-based games and services. The developer said it intended to leverage its game building capabilities in the web3 space. The move marks growing the growing popularity of blockchain and play-to-earn (P2E) games, which has attracted interest from established developers in the crypto and videogame space. Solana is the ninth-largest blockchain in the world by market capital, at nearly $30 billion....

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Sphere Finance gives users a chance to yield profits and join governance protocols

2022 is the year of governance. With DeFi 3.0 right around the corner, AMMs are turning into multi-billion-dollar endeavors that build the infrastructure of financial instruments in DeFi. They are the roads that decentralized finance needs. Governance protocols in AMMs allow users to vote on LPs that the AMMs will invest in, with great allocations for those who hold immense votium. But, there is one issue – To be able to vote, you must lock your tokens for a...

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Elon Musk Under Investigation Over Tweets: U.S. SEC

The U.S. Securities and Exchange Commission (SEC) said it was investigating Tesla CEO Elon Musk over the tweets where proposed to sell 10% of his Tesla stake. The regulator also said it has the legal authority to take Musk to court over his past tweets. The investigation came to light on Tuesday after the SEC rejected a motion from Musk seeking the dismissal of a 2018 agreement that required certain tweets to be pre-approved by an attorney.

Elon Musk had tweeted...

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Crypto.com Becomes the Official Sponsor for FIFA World Cup 2022 in Qatar

Crypto exchange Crypto.com continues to expand its sponsorship deals in the sports industry. The popular crypto exchange has recently joined the list of sponsors for the 2022 FIFA World Cup to be held in Qatar later this year. The Singapore-based company will also be the exclusive crypto trading platform for the FIFA event. Crypto.com is one of the most popular global exchanges with over 10 million customers worldwide. By being the official sponsor, Crypto.com will get significant branding exposure both...

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From NFTs to Web 3.0, here’s what these experts think of the crypto market

With the global markets in a rut, commodity prices at high rates, an escalating war in Ukraine with crypto prices also falling, there are increasing fears of a bear market. We are just three months into 2022, and apprehensions of past years of 2018 and 2019 are sweeping in the crypto ecosystem. In a recent podcast, the co-founder of Synthetix, Kain Warwick, chaired the panel among others remains bullish on the crypto trends. He said, “Honestly, it feels like 2016 to...

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