Video game development platform Unity has added a slew of crypto platforms to its asset store aimed at assisting developers interested in Web3 technology to streamline decentralization efforts. Unity said on Feb. 28 it had released a new “Decentralization” category page in its asset store with “vetted” crypto platforms to support developers interested in merging decentralization into their projects. Crypto wallet provider MetaMask was one of the 13 platforms featured on the store, with its Software Development Kit (SDK) added to help developers enable users to connect their MetaMask wallet to "any game developed on Unity.” It has come The …
Google's cloud computing arm has added another string to its Web3 bow, with a new partnership to see it becoming a network validator, or "corporate baker" to the Tezos blockchain. On Feb. 22, Tezos Foundation, a Swiss non-profit foundation supporting the Tezos blockchain announced it has teamed up with Google Cloud which will allow customers of the cloud computing business to deploy Tezos nodes and build Web3 applications on the blockchain. Tezos is a blockchain-based smart contract platform used to power decentralized applications, similar to Ethereum, Cardano and among others. Corporates that have used Tezos include gaming giant Ubisoft and …
The past year was a challenge across the globe. Financial markets plunged deep into the red, affecting millions, if not billions, of people worldwide. Inflation rose. For crypto, it has arguably been the worst year since Bitcoin’s (BTC) inception. It has been more of an ice age than a crypto winter , and bad actors and weak project s have dominated headlines — including FTX, Voyager, Celsius, Terra, Hodlnaut , and this week, Nexo . In 2023, the purge could continue with projects that — like Tezos, Lisk and EOS — do not develop any new technology, nor do they …
South Korea’s Gyeongbuk Province has announced plans to use Web3 technology to expand its economic relations with Vietnam. In a Dec. 19 announcement, the province’s governor Lee Cheol-woo said the metaverse project would focus on “growing economic, cultural, commercial, and people-centered contacts with Vietnam.” According to the governor, the project will also see the region become home to a “metaverse innovation special zone,” which would come with special regulations and residential conditions within the zone. Back in June, the province announced it would invest $13.8 million to establish itself as a hub for metaverse innovation in the hope of growing …
Tezos blockchain partnered with Web3 automation platform Taco to allow Shopify users to access Tezos nonfungible tokens (NFTs) via Taco’s NFT loyalty program. The e-commerce giant has established itself as a growing destination for brands looking for Web3 engagements. Taco app allows brands to integrate Web3 solutions such as NFTs to increase engagement with customers and e-commerce platforms such as Shopify use Taco app plugins to offer these services to their merchants. The NFT loyalty programs aid brands in strengthening their bonds with consumers, boosting customer engagement and retention. The latest integration of Tezos NFTs would help the blockchain utilize …
Non-fungible token (NFT) trading volumes may have dropped nearly 98% since January, but several industry executives tell Cointelegraph it's nothing to fear as the technology continues to develop and mature. Jonathon Miller, managing director of cryptocurrency exchange Kraken in Australia said “despite NFT market activity and sales volume having slowed down in September, we are still seeing positive adoption signals at an institutional level and continued growth in use cases.” He told Cointelegraph that the company remains “bullish on the NFT space” and believes it will be “just as disruptive and innovative as Bitcoin was 10 years ago," and said …
The S&P 500 and the Nasdaq Composite index suffered their worst weekly performance since June as investors remain concerned that the Federal Reserve will have to continue with its aggressive monetary policy to curb inflation and that could lead to a recession in the United States. Bitcoin (BTC) remains closely correlated to the S&P 500 and is on track to fall more than 9% this week. If this correlation continues, it could bring more pain to the cryptocurrency markets because Goldman Sachs strategist Sharon Bell cautioned that aggressive rate hikes could trigger a 26% fall in the S&P 500. The …
Manchester United Fan Token (MUFC) is a dead coin and not related to the sports franchise, but one Elon Musk tweet was enough to revive it on Aug. 17. Also, I’m buying Manchester United ur welcome — Elon Musk (@elonmusk) August 17, 2022 Fake Man U token pumps after Elon Musk's tweet To clarify, MUFC is not an official Manchester United crypto token. It came to life in August 2021 after a team of programmers, who said to be hardcore fans of the Manchester United, falsely claimed that holding MUFC would give them influence on the football club's decisions. The …
After declining for eight successive weeks, the Dow Jones Industrial Average rebounded sharply last week to finish higher by 6.2%. However, Bitcoin (BTC) has not been able to replicate the performance of the United States equities markets and is threatening to paint a red candle for the ninth week in a row. A positive sign is that Bitcoin whales have been buying the market correction. Glassnode data shows that the number of Bitcoin whale wallets with a balance of 10,000 Bitcoin or more has risen to its highest level since February 2021. The accumulation in the whale wallets suggests that …
Colin Miles, the newly-appointed CEO of TZ APAC, expects blockchain and Web3 curricula to start becoming an integral part of secondary and tertiary education within the next three to five years. “I would think it’s that classic medium-term, three-to-five timeline,” said Miles. Miles spoke to Cointelegraph after the announcement of TZ APAC’s partnership deal with the National University of Singapore’s (NUS) School of Computing on Tuesday, which will see the Tezos agency supporting the development of the university’s new center for nurturing computing excellence. Miles said: “If you have a dedicated center in NUS, which runs blockchain courses every day …
The S&P 500 and the Nasdaq have declined for five consecutive weeks, indicating that traders continue to reduce exposure to risky assets. Bitcoin’s (BTC) close correlation with United States equity markets has resulted in its price remaining under pressure. Bitcoin has extended its decline during the weekend and is now on track for its sixth successive weekly loss, the first such occurrence since 2014. The weakness in Bitcoin has pulled down the entire crypto markets, whose market capitalization has dipped below $1.6 trillion. When the sentiment is bearish, traders sell on every negative news. The depeg of Terra’s U. S. …
Arthur Breitman, the co-founder of layer-1 protocol Tezos (XTZ), spoke with Cointelegraph's Jackson DuMont at the Paris Blockchain Week Summit (PBWS) last week about what it would take to unlock the true potential of decentralized finance, or DeFi. Breitman delivered a keynote speech following this interview about the company's strategy. Related: Paris Blockchain Week, April 14: Latest updates from the Cointelegraph team on the ground According to Breitman, "people haven't really tapped into DeFi for real-world assets being tokenized." When he says real-world assets, he means stocks, real estate, digital art or "anything you can think of." While calling for …