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HK game firm to buy $100M crypto for treasury, China/UAE CBDC deal: Asia Express

Hong Kong game firm to add $100M of BTC and ETH to treasury, UAE and China strike CBDC deal, Victory Securities starts new HK Bitcoin fund.

Babylon Chain closes $18M funding round for Bitcoin staking

Polychain Capital and Hack VC led the Series A funding round of Babylon Chain, a protocol working on Bitcoin staking for proof-of-stake networks.

Jack Dorsey’s Block Inc. launches self-custody Bitcoin wallet

Users who lose their Bitkey wallet don’t need to input a seed phrase to recover funds, the company said.

Games need bots? Illivium CEO admits ‘it’s tough,’ Web3 games 42X upside: Web3 Gamer

Games overrun with bots just show bot owners care, claims Pixels founder. Plus we review Galaxy Fight Club, chat to Illuvium’s CEO and more.

Changpeng Zhao’s next move could involve decentralized science

Decentralized science, or DeSci, aims to apply decentralized business models to medical research.

Web3 can benefit from adopting Web2 optimization: NBX Berlin

User experience remains a barrier to entry for the world of Web3 and industry builders believe the solution lies in onboarding Web2 functionality.

COP28: Blockchain projects make push to decentralize climate markets

Blockchain and crypto projects joined the UN Climate Change Conference in Dubai and unveiled initiatives focusing on contributing to the fight against climate change.

FTX to submit revised reorganization plan in mid-December

Bankrupt crypto exchange FTX is preparing to present an updated reorganization plan to the court in mid-December.

Web3 firms to support ecosystem development through grants amid market uptick

The Worldcoin Foundation rolled out a $5 million grant to support its community through WLD tokens or stablecoins.

Polygon 2.0: 2024 to see unified ZK-powered L2 chains

Polygon’s evolution will continue into 2024 as various protocols that make up its ecosystem become increasingly interconnected through the use of zero-knowledge proofs.

Robinhood launches crypto trading services in Europe

All eligible customers in the EU region can access Robinhood for crypto trading services, with over 25 cryptocurrencies available for trade.

Crypto is for criminals? JPMorgan has been fined $39B and has its own token

Crypto proponents on X wasted no time pointing out the hypocrisy of JPMorgan CEO Jamie Dimon’s recent remarks about Bitcoin and crypto to the U.S. Senate Committee on Banking, Housing, and Urban Affairs.

House Committee passes bill to ‘preserve U.S. leadership’ in blockchain

The pro-crypto bill is one of many before Congress that aims to promote the country’s deployment and use of blockchain technology.

UAE researchers launch blockchain carbon trading platform at COP28

The institute said it adopted a lightweight, efficient blockchain not intended to be computationally wasteful, where trading can be facilitated at little to no cost.

VC Roundup: Investors pick games, collectibles and creator economy

Baton, Wormhole, Rokid, Saga, Bazooka Tango, Authentic and Intract are among the latest startups to secure venture capital funding.

Game studios quietly integrate blockchain without the buzzword

Blockchain technology is facing backlash from players and gaming developers, forcing some studios to avoid “buzzwords” tied with Web3.

Lawmakers’ fear and doubt drives proposed crypto regulations in US

If the Digital Asset Anti-Money Laundering Act were to become law, many cryptocurrency providers would have to learn how to comply with the same regulations as traditional financial institutions.

Bitcoin halving, BTC ETF hype driving price up into 2024 — NBX Berlin

Several macro events are contributing to increased interest in Bitcoin, its price and a knock-on effect on the wider markets.

IEEE to issue blockchain skill certificates on Avalanche in India

Avalanche was selected as the primary settlement layer for IEEE’s certificate issuance because of the need for an ecosystem compatible with the Ethereum Virtual Machine.

Web3 gaming trends in 2024: Execs weigh in on blockchain gaming future

Wemade CEO Henry Chang said that as more developers gain confidence, there will be greater experimentation and more complex use of blockchain elements in games.

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