Fashion brands are among the quickest to join Web 3.0 and begin selling luxurious and limited-edition digital goods or NFTs. Gucci has teamed up with global entertainment brand SUPERPLASTIC to create SUPERGUCCI – three-part series of unique NFTs. The top-notch collection is co-created by Gucci’s head designer Alessandro Michele andContinue Reading

Milo, a financial technology company that is reimagining the way global consumers access financial solutions, today announced its new crypto mortgage. This is the world’s first crypto mortgage offering that makes it easy for crypto investors to utilize their digital assets to purchase US real estate. The digital banking leaderContinue Reading

Singapore-based cryptocurrency exchange, Crypto.com,  announced the temporal suspension of withdrawals on Monday, January 17th, after its hot wallets were compromised. Crypto.com halted withdrawals after users reported “unauthorized activity” on their wallets. Billy Markus, the co-founder of Dogecoin, also pointed to a suspicious transaction pattern on Etherscan. We have a smallContinue Reading

In December 2021, the world’s largest crypto exchange, Binance, announced the introduction of a new Binance Coin (BNB) Auto-Burn protocol to provide more “transparency and predictability” to its community. The Auto Burn protocol automatically calculates how much BNB should be burnt based on BNB’s average dollar-denominated price during the quarterContinue Reading

Read in the Digest: Crypto.com suspends withdrawals as unauthorized activity leads to $15 million loss. Binance to set up exchange in Thailand, burns $792 million in BNB. Polygon to begin burning MATIC with the launch of EIP-1559 on its mainnet. Spain and Singapore to ban crypto ads. Bulgaria and theContinue Reading

TOKAU (www.Tokau.io), a blockchain NFT technology company focusing on celebrities’ interactions with their fans, announced that they will launch a metaverse where the users can monetize their living and social experiences. TOKAU aims to build MetaCity, its first metaverse project, as a decentralized place where residents can take ownership. MetaCity has 150,000 LandsContinue Reading

Huobi Global, one of the world’s leading digital asset exchanges, announced on January 15 that it burned 1.31 million Huobi Tokens (HTs) in December 2021, valued at approximately $12.68 million. From Jan. 1, 2021 to Jan. 15, 2022, Huobi Global burned approximately 290.174 million HT. Token burning refers to the process of permanently removing crypto tokens from circulation, whichContinue Reading