Sony Group takes plunge into Web3 with new Ethereum Layer-2 network Soneium

Source: Cryptoslate Sony’s Soneium aims to bridge Web3 and everyday internet services. Sony Block Solutions Labs, a subsidiary of Sony Group, has unveiled plans to develop Soneium, an Ethereum Layer-2 network designed to accelerate blockchain technology adoption, according to an Aug. 23 statement. The layer-2 network—a result of a collaboration with blockchain infrastructure provider Startale—seeks… Continue reading Sony Group takes plunge into Web3 with new Ethereum Layer-2 network Soneium

Metaverse pioneer and special effects team unite for blockchain project

Source: Cointelegraph Wētā Workshop is known for its special effects work on movies like The Lord of the Rings and The Hobbit. The blockchain protocol launched by New York Times best-selling author Neal Stephenson, who conceived the term “metaverse” in a 1992 novel, has collaborated with a special effects firm known for their work on… Continue reading Metaverse pioneer and special effects team unite for blockchain project

Dubai court recognizes employees’ right to receive salary in digital assets

Source: Coingeek Employees in the United Arab Emirates (UAE) can receive salaries in digital assets after a Dubai Court of First Instance overruled a 2023 decision, setting a new legal precedent. According to the ruling in case number 1739 of 2024, the court held that employees are entitled to receive compensation in both fiat currencies… Continue reading Dubai court recognizes employees’ right to receive salary in digital assets

Nexus Interactive Secures $2M Funding for Web3 Gaming Expansion

Source: NFT Plazas Nexus Interactive has raised $2 million in an oversubscribed seed funding round, marking a significant step in its efforts to expand its web3 gaming operations. The funds will be directed toward developing new game titles and enhancing Nexus Interactive’s existing ecosystem, which has already seen substantial community engagement and revenue generation. Key… Continue reading Nexus Interactive Secures $2M Funding for Web3 Gaming Expansion

BlackRock’s ETHA Becomes First Ethereum ETF to Cross $1B in Net Inflows

Source: CoinDesk ETHA holds over $860 million in net assets. Only Grayscale’s mini ether trust (ETH) and Ethereum trust (ETHE) have more. Its net inflows are more than the next three highest ETF inflows combined. BlackRock’s iShares Ethereum Trust (ETHA) has surpassed $1 billion in cumulative net inflows, making it the first among 11 issuers… Continue reading BlackRock’s ETHA Becomes First Ethereum ETF to Cross $1B in Net Inflows

Tether plans to launch dirham stablecoin with UAE partners

Source: Cointelegraph Tether teams up with the UAE’s Phoenix Group and Green Acorn Investments to launch a dirham-backed stablecoin, which aims to improve international trade and remittances. Tether, the largest stablecoin provider in the digital asset industry, has announced plans to launch a new stablecoin pegged to the United Arab Emirates dirham (AED). According to… Continue reading Tether plans to launch dirham stablecoin with UAE partners

Sotheby’s Launches New NFT Auction Featuring CryptoPunks, Beeple, and more

Source: Cryptoflies Sotheby’s launches a new digital art auction featuring prominent NFTs like CryptoPunks and Beeple’s “Mother of Evolution.” British auction house Sotheby’s has announced the launch of its latest digital art sale, featuring popular non-fungible tokens (NFTs) including CryptoPunks and other well-known digital artworks. Among the highlights of the sale are two CryptoPunks, #491… Continue reading Sotheby’s Launches New NFT Auction Featuring CryptoPunks, Beeple, and more

Join this Insightful Panel “BDO and HKSA Joint event – Panel Discussion: Virtual Assets – Business Opportunities and Challenges for Traditional Security Participants” on 1 August 2024

Source: Coinstreet LinkedIn Join us for an insightful panel “BDO and HKSA joint event – Panel discussion: Virtual Assets – Business Opportunities and Challenges for Traditional Security Participants” on 1 August 2024 on the exciting world of virtual assets! As traditional security participants in Hong Kong, you won’t want to miss this opportunity to explore… Continue reading Join this Insightful Panel “BDO and HKSA Joint event – Panel Discussion: Virtual Assets – Business Opportunities and Challenges for Traditional Security Participants” on 1 August 2024

Cyberport Web3.0 Internship Programme 2024 Sharing Session “Leveraging Your Startup Internship: Launching Your Own Venture” on 3 July 2024

Source: iSHANG LinkedIn iSHANG is proud to participate in the “Cyberport Web3.0 Internship Programme 2024” held by Cyberport Hong Kong. Our Founder and CEO of iSHANG, SAMSON (SAM) LEE, shared his entrepreneurial journey with the exceptional interns, sharing invaluable insights on “Leveraging Your Startup Internship: Launching Your Own Venture” on 3 July 2024. It was… Continue reading Cyberport Web3.0 Internship Programme 2024 Sharing Session “Leveraging Your Startup Internship: Launching Your Own Venture” on 3 July 2024

Hashdex Files S1 With SEC for First Spot ETF Tracking Multiple Digital Assets

Source: CryptoNews Asset manager Hashdex has filed an S-1 form with the U.S. Securities and Exchange Commission (SEC) for the first-ever spot Exchange-Traded Fund (ETF) tracking multiple digital assets. The proposed ETF aims to provide investors with diversified exposure to numerous digital assets. The final deadline for SEC approval will be March 2025, noted James… Continue reading Hashdex Files S1 With SEC for First Spot ETF Tracking Multiple Digital Assets