Source: Cointelegraph AI startup Infinite Reality has bought the former music-sharing platform Napster with plans to add a music-focused metaverse to the music-streaming app. Artificial intelligence startup Infinite Reality has acquired the music-pirating app turned music streaming service Napster in a $207 million deal and plans to add a music-focused metaverse. Infinite Reality said in… Continue reading Pirating Pioneer Napster Sells for $207M with Plans for Music Metaverse
Tag: blockchain
CME Group Taps Google Cloud for Pilot Asset Tokenization Program
Source: Cointelegraph The companies will start testing the Google Cloud Universal Ledger with capital market participants in 2026. US derivatives exchange operator CME Group is piloting solutions for tokenized assets using Google Cloud Universal Ledger (GCUL), a new distributed ledger that was designed for traditional financial institutions. CME has begun integrating GCUL to improve capital… Continue reading CME Group Taps Google Cloud for Pilot Asset Tokenization Program
Hong Kong Fintech Sector Sees 250% Blockchain Growth Since 2022
Source: Cointelegraph Hong Kong’s fintech market is projected to hit $606 billion by 2032, driven by blockchain, digital assets, AI and a proactive Web3 licensing regime. Hong Kong anticipates the continued growth of its fintech ecosystem, with blockchain, digital assets, distributed ledger technology (DLT) and artificial intelligence playing a central role in shaping its future.… Continue reading Hong Kong Fintech Sector Sees 250% Blockchain Growth Since 2022
South Korea to Allow Institutions to Sell Crypto Donations in 2025
Source: Cointelegraph The country’s securities regulator will also allow 3,500 corporations and professional investors to open “real-name” accounts on cryptocurrency exchanges as part of a pilot program. South Korea’s Financial Services Commission (SFC) is set to allow institutions to begin selling their digital asset donations and instruct banks to offer more services to cryptocurrency firms.… Continue reading South Korea to Allow Institutions to Sell Crypto Donations in 2025
BlackRock CEO Wants SEC to ‘Rapidly Approve’ Tokenization of Bonds, Stocks: What It Means for Crypto
Source: Cointelegraph BlackRock CEO Larry Fink said he’s “a huge believer in crypto” and urged the SEC to “rapidly approve” asset tokenization. Is this a net positive for the crypto sector? Larry Fink, CEO of the world’s largest fund manager BlackRock, has expressed his hope that the US Securities and Exchange Commission (SEC) will swiftly… Continue reading BlackRock CEO Wants SEC to ‘Rapidly Approve’ Tokenization of Bonds, Stocks: What It Means for Crypto
Sony’s L2 Blockchain Sonieum Goes Live Amid Community Backlash
Source: Cointelegraph Sony’s Soneium mainnet launched, aiming to simplify Web3 with NFT-driven fan engagement, but it got off to a rocky start. Sony has launched the mainnet for Soneium, its layer-2 (L2) blockchain platform developed by Sony Block Solutions Labs, to streamline blockchain interactions and provide a user-friendly Web3 experience. Built on the OP Stack… Continue reading Sony’s L2 Blockchain Sonieum Goes Live Amid Community Backlash
Roundtable Panel 1: RWA: A Bridge to the Metaverse at the Forth Bay Area Metaverse Conference on 16 December 2024
Source: Coinstreet LinkedIn Thank you to everyone who joined us at the Roundtable Panel 1: RWA: A Bridge to the Metaverse (圆桌论坛（一）：RWA：与元宇宙的桥梁) at the Forth Bay Area Metaverse Conference on 16 December 2024. We were honored to have an insightful panel discussion featuring our Founder and CEO of Coinstreet, SAMSON (SAM) LEE, and our Vice… Continue reading Roundtable Panel 1: RWA: A Bridge to the Metaverse at the Forth Bay Area Metaverse Conference on 16 December 2024
Tether Makes First Crypto VC Fund Investment Into Arcanum Capital
Source: Cointelegraph “We are passionate about backing technologies that will prevent censorship and things being shut down,” James McDowall told Cointelegraph. Stablecoin issuer Tether made its first crypto venture capital fund investment into Arcanum Capital’s Arcanum Emerging Technologies Fund II — a tokenized investment vehicle specializing in decentralized Web3 projects — for $2 million. Managing… Continue reading Tether Makes First Crypto VC Fund Investment Into Arcanum Capital
Over 30% of South Koreans Invest in Crypto Assets
Source: Cointelegraph South Korea’s crypto user base surged to 15.6 million in November, surpassing 30% of the population. South Korean crypto holders reportedly increased in November after Donald Trump won the United States presidential election. On Dec. 25, South Korean media outlet Yonhap News reported that in November, the number of crypto users in the… Continue reading Over 30% of South Koreans Invest in Crypto Assets
India’s Web3 Dominance Fueled by 1K Startups, Global Investments, Dev Talent
Source: Cointelegraph India is on track to lead Web3 adoption by 2027, driven by startups, developers and government-backed blockchain initiatives. A massive startup network supported by global investment and local adoption has positioned India to spearhead Web3 innovation, according to a report on the country’s Web3 landscape. India currently hosts over 1,000 Web3 startups across… Continue reading India’s Web3 Dominance Fueled by 1K Startups, Global Investments, Dev Talent
