Author: Jeremy Ryan

Non-fungible tokens (NFTs) took the world by storm in 2021 with buyers spending millions of dollars on digital collectibles in the art, entertainment, music and sports industries. As NFTs grew in popularity, the space gained the attention of celebrities like Logan Paul, Justin Bieber and Serena Williams, catapulting digital collectibles into the mainstream. We saw a new generation of collectors, investors, and fans move away from collecting physical items like baseball cards or Beanie Babies to spending more than a million dollars on a single Bored Ape. In January 2022, NFTs were experiencing an all-time high trading volume of US$5.8…

In a strategic collaboration, Immutable has partnered with Amazon Web Services Inc. (AWS) to kickstart numerous infrastructure projects with the aim of hastening the integration of game studios into the Web3 landscape. This partnership underscores the growing appetite for digital ownership of in-game assets, an essence of the emerging Web3-based gaming ecosystem.The alliance will harness blockchain technology, the backbone of Web3 gaming, enabling gamers to own and exchange digital assets within various gaming platforms. With an ambitious target, this collaboration eyes the onboarding of 100 million gamers globally within the upcoming two years, thus significantly broadening the Web3 gaming community.A…

A U.K. committee that consists of members from different political parties wants the nation’s government to work with non-fungible token marketplaces to address copyright infringement and introduce a code of conduct to better protect creators, according to a report released Wednesday. Copyright infringement can occur when an NFT is created from a creative work without permission from the creators and owners. There have been several legal disputes in the U.K. and U.S. “Artists are at risk of seeing the fruits of their hard work pinched and promoted without permission while fraudulent and misleading adverts add an extra layer of jeopardy…

NFTs have reshaped the digital collectibles landscape in recent years, with several blockchain-based collections gaining immense popularity. According to recent data from CoinmarketCap, several NFT collections have secured positions within the top 5. Among the top is the BoredApeYachtClub (BAYC), a leading NFT collection by estimated market capitalization. Other NFT collections include Cryptoadz, Azuki, Dreadfulz, and CloneX. BoredApeYachtClub (BAYC) The BAYC is a collection of 10,000 unique Bored Ape NFTs on the Ethereum blockchain. Owning a Bored Ape NFT offers users particular benefits, including doubling in Yacht Club membership status and accessing some sections of the project’s ecosystem. BAYC had…

Blockchain Security Auditor Hacken has partnered with layer-1 innovative contract platform Radix. The partnership between Radix and Hacken aims to provide better access and usability of blockchain data for Web3 developers. The agreement between Radix and Hacken is expected to improve the user experience, market efficiency and network performance of both platforms and the broader crypto community. The main benefits of the association are to: Enable developers to easily access historical and real-time data from the Radix network without needing an archive node or a centralized service provider. Allow developers to customize their data pipelines and APIs using Hacken’s ETL…

Zurich-based Web3 venture accelerator firm Blockraise will support Scotland-based project Scotcoin in its development. The partnership between Zurich-based Web3 venture accelerator firm Blockraise and Scottish cryptocurrency Scotcoin is a strategic collaboration that aims to support the crypto’s development and growth. The ethical cryptocurrency additionally will help promote social and environmental causes in Scotland, according to the companies. Blockraise will gain access to a unique and promising project that aligns with its values and objectives, while Scotcoin is to receive a professional and experienced partner who can help it achieve its full potential. The partnership will also contribute to advancing the…

MCLEAN, Va. — Verato and CLEAR announce partnership aimed at turbocharging the adoption of digital identity within the healthcare sector. This strategic alliance marries Verato’s battle-tested healthcare Master Data Management (hMDM) approach for enterprise identity data with CLEAR’s cutting-edge consumer-facing identity verification tech, promising healthcare institutions and patients an unwavering trust in identity throughout the entire patient journey.— Both Verato and CLEAR envision digital identity as a potent catalyst for the metamorphosis of healthcare data management, capable of surmounting age-old interoperability conundrums, greatly enhancing patient experiences, and trimming down healthcare operational expenditures. Together, they aspire to set a new benchmark…

Boston, USA — Vechain, a prominent L1 public blockchain, has unveiled the winners of its sustainability-themed hackathon, a 36-hour marathon hosted at Harvard University in partnership with Web3 educational app, EasyA, and global consulting firm, Boston Consulting Group (BCG).—Vechain Track Winner: Movelo, creators of a “move-to-earn” application that allows companies to sponsor and reward users for sustainable transportation choices such as walking, biking, or ride-sharing.BCG Track Winner: FiTag, developers of a luxury fashion tracking iOS app promoting supply chain transparency through blockchain and NFC tags, digital twins, loyalty-program NFTs, and AR shopping.’Shark Tank’ Pitchathon Track Winner: PropelPixel, the brains behind…

Bitget Wallet, known as Bitkeep, a non-custodial wallet solution, has announced a new partnership with Sunflower Land. The partnership between Bitget Wallet and Sunflower Land aims to provide an immersive and innovative gaming experience for crypto enthusiasts. ????x???? #BitgetWallet is thrilled to announce our collaboration with @0xSunflowerLand!????‍???? Discover Sunflower Land, gather resources, earn SFL and expand your land! There is a robust ecosystem of crops, fruit, animals, crafting, cooking, tools, and fishing for you to master!????… pic.twitter.com/Evq2dYxMoX — Bitget Wallet (Formerly BitKeep) (@BitgetWallet) October 9, 2023 The companies aim to create a synergy between the crypto and gaming industries and…

Decentralized stablecoin protocol Reserve has launched on the Coinbase-incubated Layer 2 network Base, its first deployment beyond the Ethereum mainnet, according to a statement. The protocol holds a total value locked of $24 million on Ethereum. The move enables users to create their own “RTokens” — decentralized stablecoins, flatcoins (pegged to the cost of living) or tokenized indices — using Reserve’s Asset Backed Currency Factory on the cheaper Layer 2 network. These assets are backed by overcollateralized baskets of Ethereum-compatible ERC-20 tokens. Reserve’s collateral options on Ethereum and Base include major stablecoins, ether and wrapped bitcoin, on their own or…