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Blockchain
NFT Transactions Projected to Hit $40m by 2027 amid Metaverse Trend
Non-fungible token (NFT) transactions are expected to reach $40 million by 2027 as the metaverse trend continues to gain steam, according to a report by Juniper Research.
The study noted that a 66.6% growth would be recorded during the…
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Public Pension Funds Eroded by Headwinds from Crypto Winter
Pension funds that have bet on the cryptocurrency market over recent years face difficulties navigating the ongoing crash associated with digital assets.
Caisse de dépot et placement du Québec, Canada's second-largest pension fund,…
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Ethereum Address Activity Continues Scaling the Heights
Ethereum (ETH) has been experiencing an uptick in address activity, which has been instrumental in propelling notable momentum.
“The number of ETH addresses holding 32+ coins just reached a 17-month high of 117,257. A previous 17-month…
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Metaverse Giants Collaborate to Form DAO Metaverse Alliance
The blockchain metaverse giants have collaborated to form the DAO Metaverse called "Open Metaverse Alliance for Web3" (OMA3), which aims to bring together multiple virtual worlds to solve the key challenges of the metaverse and maintain…
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Heather Morgan of Bitfinex Crypto Heist Cleared to Seek Proper Employment
American rapper and entrepreneur Heather Morgan, indicted for contriving with her husband Ilya Lichtenstein to launder money, has been permitted by a judge to seek proper employment.
Her case will still be on trial, but she is authorized…
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Celsius Hires New Lawyers for Restructuring: WSJ
Celsius Network LLC has hired new lawyers to advise the troubled cryptocurrency lender on restructuring, according to a report from the Wall Street Journal (WSJ).
The much-needed restructuring plan has come as it seeks to escape the…
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Babel Finance Hires Restructuring Specialist Houlihan Lokey: Sources
Babel Finance, a Hong Kong Bitcoin financial services company offering lending and asset management services, has hired U.S. investment banking firm Houlihan Lokey, a specialist with wide experience in restructuring and acquisitions to …
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Ripple Opens First Office in Canada with New Growth Plan
Ripple, a company behind XRP cryptocurrency, has announced that it is opening a new office in Toronto, which will serve as an engineering hub. The new office, Ripple’s first footprint in Canada, will support the company’s continued growth…
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HK’s PANGU Plays a Magician in Metaverse, Expanding P2E Model for Business Growth
Hong Kong-based start-up PANGU, a metaverse agency appointed by Sandbox, is helping clients to enter into the metaverse by providing asset creation and branding consultation services. The company said it is building various business…
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Bitcoin Investment in Pension Portfolio Diversifies Inflation Risk: First Digital Trust CEO
Blockchain.News recently had a conversation with Mr. Vincent Chok, the CEO of Hong Kong-based First Digital Trust, a technology-driven financial institution powering the digital asset industry, to help explore whether the cryptocurrency…
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