FINRA says rules still apply in the metaverse
The Financial Industry Regulatory Authority says brokers and dealers are increasingly experimenting in the metaverse. Go to Source
web3
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Web3 Game Off the Grid Numbers Shine Despite Promotional Drop
Off The Grid, the so-called Web3 extraction shooter built on the Avalanche blockchain, has maintained momentum after its launch in the early access stages. While the game has fallen from the top 100 most viewed games on the streaming platform Twitch, it has maintained 500,000 daily active addresses (DAA) since its launch, with over 6.6 … Read more
Crypto-native AI will transform Web3: Coinbase Ventures
It will ultimately create a world where autonomous AI agents freely interact with humans onchain, the venture capital firm said. Go to Source
Independence Day director creating TV series based on Web3 game
The show, which is based on the “Space Nation” game, plans to use non-traditional distribution channels such as second-window broadcasts for streamers. Go to Source
Consensys urges clear crypto rules in letter to future US president
The open letter emphasized how clear regulatory frameworks can ensure the US remains competitive while safeguarding consumers and addressing illicit activity. Go to Source
Hashing It Out: Breaking the oligopoly with decentralized infrastructure
In episode 62 of the Hashing It Out podcast, host Elisha Owusu Akyaw explores Web3s attempt to disrupt internet infrastructure with Harrison Hines, CEO and co-founder of Fleek Network and Kyle Okamoto, chief technology officer of Aethir. Go to Source
Japan slow to approve crypto ETFs, maintains strict tax, regulations
While global markets embrace crypto ETFs, Japan’s strict tax policies and regulatory caution impede further adoption. Go to Source
Japan’s Election Heats up With Calls for Crypto Tax Cuts and Regulatory Reforms
Yuichiro Tamaki, leader of Japan’s Democratic Party for the People, is advocating for significant cryptocurrency tax reforms ahead of the general election. His party proposes a 20% tax on crypto assets and aims to promote Japan as a web3 leader. The party also supports initiatives like increased leverage for crypto trading. Tamaki believes these changes … Read more
Japanese Entertainment Giant’s Crypto Arm in Partnerships to Support Web3 Economy
Japanese cryptocurrency exchange DMM Crypto has secured Neoclassic Capital, a Florida-based global investment firm, as its lead investor. DMM Crypto also partnered with Presto, a quantitative trading company. The investments will support DMM Crypto’s Seamoon Protocol, which aims to create a Web3 economic hub for businesses and creators. Bringing DMM Group’s IP Development Capabilities to … Read more
Web3 Markets in Infancy, Viewed as ‘Lottery’ by Investors, Says Finance Veteran
Web3 markets remain in their early stages, with many participants viewing them as a “lottery,” according to Artur Guliński, co-founder of Orbitt. This trend is particularly evident in blockchain ecosystems where meme tokens hold significant influence, Guliński, a market dynamics and behavior focused trader, observes. According to the co-founder, these features are what currently distinguish … Read more