Rolex preparing to enter the Metaverse, crypto and NFT by filing trademarks related to virtual goods and services.
The breakdown of FTX will cast a longer-standing impact on the market, as a series of unstable signs are detected.
Yuga Labs acquires WENEW and 10KTF NFT collection, expanding its portfolio of popular digital tokens.
According to the judge, no reasonable jury could reject the SEC's claim that LBRY offered the credits as an investment in its content distribution network.
Korea Seven sets up a metaverse store where customers can visit to enjoy events such as music festivals.
Binance has stopped accepting FTX's FTT tokens on its platform after the latter's bankruptcy filing.
SK Telecom and Japan's NTT Docomo team up to create metaverse services and develop 5G and 6G technologies.
Binance drops move to acquire FTX after uncovering issues in its books and reports of funds mismanagement.
Mattel is launching its own NFT Marketplace to sell digital collectibles featuring Barbie, Hot Wheels and its other brands.
Cryptocurrency exchange CHBTC announces support for Ethereum Classic
CHBTC, China’s biggest ETH exchange, on Monday announced its support for Ethereum Classic, in response to the increasing demand for online ETC transactions.
Last week, however, CHBTC stated that it will not support ETC, in line with other mainstream cryptocurrency exchange Coinbase. In today’s announcement, the exchange stated that it is neutral as a trading platform for ETC, and does not judge the level of ethics and values. However, CHBTC has also outlined various risks that users will be exposed to with ETC including network instability and price fluctuation among others.
Ethereum Classic has been gradually gaining acceptance with several exchanges such as Poloniex, Kraken, Bittrex, Yunbi, and now CHBTC announcing their support. Mining pool including Minergate and BW.com have also added ETC support.
Following Poloniex’s decision to support ETC, cryptocurrency enthusiast Chandler Guo announced a 51% attack on Ethereum Classic. However, with more and more exchanges launching ETC trading, he has decided to move his 120GH/s to Ethereum Classic for protecting that chain from any 51% attack.