Category Archives: BSC News

Binance Smart Chain Accelerator Program Funds Decentral Games

Decentral Games (DG), a premier metaverse-native GameFi decentralized autonomous organization (DAO), has received substantial support and investment from Binance Smart Chain‘s $100 million Accelerator Fund. In light of the recently acquired support, Decentral Games will introduce innovations to enhance the fast-expanding blockchain metaverse, the Play-to-Earn Gaming vertical, and NFT marketplaces on Binance Smart Chain (BSC) network.  Decentral[Read more…]

Facebook Announces $50M Investment Fund For A Virtual Metaverse

As part of the aim of creating a virtual metaverse, Facebook has established a $50 million investment fund to encourage research into Extended Reality (XR) programs over the next two years. The metaverse, according to Facebook’s announcement, will be built responsibly and collaboratively with multiple partners, including legislators, industry experts, and other parties. Facebook’s goals[Read more…]

Minister Says No Crypto Ban in Indonesia

Unlike China, Indonesia won’t ban Cryptocurrency, says Minister as trading soars Promoting Cryptocurrency with Better Regulations Indonesian authorities are not so keen to even consider banning cryptocurrency, unlike China’s blatant rejection. An Indonesian government official states proper diligence will be taken to ensure no illegal activities are undertaken. This announcement comes after a recent turnover surge[Read more…]

Mining at Two ETH Pools Halted Indefinitely

Sparkpool and Beepool, the second-largest and fourth-largest Ethereum mining pool respectively have announced indefinite close down amid China’s crypto regulations.  Sparkpool was the first to announce the closing down of its pool by September 30 in China’s Hangzhou city. Beepool took the same step and announced on Tuesday that all its operations is suspended. This decision[Read more…]

Top Samsung Gaming CEO Recruited To Lead Yooshi Labs

Yooshi Labs gets its first CEO, further consolidating the growth of the Yooshi metaverse. Yooshi Hires Samsung Chief Yooshi GameFi metaverse has engaged the services of a high-profile member of the Samsung Group. Chikyu Bae, the CEO of Samsung Games, is now the CEO of Yooshi Labs.  The move to bring such an established figure should bring a welcoming[Read more…]

Thailand Plans “Cryptourism” x TAT Utility Coin

Thailand’s “Cryptourism” Boost via TAT Coin Thailand intends to bank on reaping the advantages of the flourishing cryptocurrency market, plus their huge crypto user-base. The acclaimed tourist spot is planning to develop “Cryptourism” ambiance. The aim is to recover its covid-hit travel industry at the earliest. To do this, the Tourism Board of Thailand (TBT)[Read more…]

Why a Closer Look at the NFT Art Market Is Necessary

Many crypto users has tagged the NFT market as the new “crypto craze.” NFTs are digital “distinct” assets that may be purchased and sold just like any other asset, but they don’t have any physical form. NFTs allow the artwork to be “tokenized,” resulting in a digital proof of ownership that can be purchased and[Read more…]

LD Capital: US$50M FOF for Global Blockchain Funds

LD Capital is set to “Redefine a Better World with Digital Economy” LD Capital has formed a US$50 million FOF (Fund of Funds) to support high-quality (global) blockchain funds. Apart from financial backing, LD Capital’s invested capital will act as hundreds of the projects invested by as resources to the participating funds. They will be having[Read more…]

Cardano Readies US$100M DeFi Fund—Priority Africa

Cardano’s EMURGO to invest US$100 million to develop DeFi-based products EMURGO’s CEIV for Cardano in Africa Cardano’s official commercial (financial) arm EMURGO is set to invest US$100 million in developing DeFi-based products. Smart contracts’ integration into Cardano’s blockchain plus EMURGO’s new investment vehicle shall boost decentralized services’ innovation. These startups will be using and promoting the Cardano blockchain to[Read more…]

ApeRocket to Launch V2 and New Tokenomics

The new vaults offer a unique rewards path as well as vault asset strategies that are fresh to Binance Smart Chain.Overall it is vital to proceed with caution when purchasing tokens that have just been listed. For those who have not already read our articles on safety in the BSC it is crucial to reference[Read more…]