This year, Justin Sun, TRON's creator, plans to get TRX, the cryptocurrency Tron uses, recognized as legal tender in five nations. Sun tweeted that while the target is "ambitious," he is "confident" in its attainability. In a different Twitter thread, he emphasized the need to seek beyond the United States
Word On The Street
Amazon to Introduce its Own NFT Initiative Soon
This time, Blockworks claims that Amazon is preparing to launch an NFT effort in the spring of 2023 that "may make a significant splash." The internet giant is working on a digital assets business, mainly focusing on NFT applications relating to blockchain-based games. According to many credible sources, Amazon has been
Just In: Microsoft and Open AI Extended Their Partnership
Microsoft announced Monday that it had expanded its collaboration with OpenAI, the startup behind ChatGPT and Dall-E. According to a blog post, this marks the start of the third phase of a multiyear, multibillion-dollar investment. Microsoft announced plans to boost its funding in developing and deploying supercomputing platforms to support OpenAI's
The Circle Cross-Chain Transfer Protocol (CCTP) To be Launched This Year
Have you heard? Circle is implementing a protocol that will aid in the development of more scalable, efficient, secure, and user-friendly USDC-based apps. Circle CEO Jeremy Allaire said on Twitter that the company's Cross-Chain Transfer Protocol (CCTP) would be available soon. This architecture enables the development of more scalable, efficient, secure,
E-Commerce App Meituan Introduces Smart Contract Feature for Digital Yuan
Have you heard? Compared to other large countries, China has moved far more quickly to establish CBDC. In 2020, China began testing digital currency. Though the currency has seen application in retail transactions, including the purchase of assets, its smart-contract capabilities have yet to be tested on a broad retail
Luxury Fashion is Ready to Collab with Blockchain on Syky
Syky (pronounced "psy-key") was founded by Alice Delahunt, who thinks web3 is where the fashion industry is headed. After working in marketing for high-end fashion brands like Ralph Lauren and Burberry, where she held positions like a chief digital and content officer, she started her own business in November. The Idea of
Aura Blockchain Consortium and Mojix All Set to Enhance Authentication of Luxury Brands with Blockchain
Mojix, a global leader in item-level intelligence solutions for supply chains, and Aura Blockchain Consortium, a leader in blockchain solutions for luxury goods certification, have partnered to facilitate the integration of their respective technical frameworks for the benefit of Aura Blockchain Consortium members. Keep Reading to learn more! The Goal Behind Enhanced
Germany regulator warns of ‘Godfather’ banking malware
On Monday, Germany's financial regulator BaFin warned consumers about the "Godfather" malware, which steals sensitive information from users by infiltrating 400 banking and cryptocurrency apps worldwide. According to BaFin, how the malware infiltrated consumers' devices is unknown. Moreover, the malware presents itself as the official websites of common apps so that
Yugalabs Rakes in $107.8 Million in Royalties
In 2022, royalties from the NFT brought in $49.9 million for Otherdeeds, $32.3 million for BAYC, and $25.6 million for MAYC. MilkRoadDaily reports that Yuga Labs made $107.8 million in royalties from Otherdeed for Otherside, Bored Ape Yacht Club (BAYC), and Mutant Ape Yacht Club (AAYC) (MAYC). Furthermore, in 2022, the NFT
Indonesia to Introduce a National Crypto Exchange in 2023
On Jan. 4, the chairman of the Commodity Futures Trading Regulatory Agency of Indonesia (Bappebti), Didid Noordiatmoko, suggested that a crypto exchange should be set up this year. The change comes as a part of broader financial reform introduced in December 2022. In accordance with the change, the crypto monitoring will