Blockchain payments network CoreChain secures $4.2m seed
CoreChain Technologies, a company that claims to be the first digital B2B payments network built on blockchain, has snared $4.2m in seed financing.
Aura Network nabs $2.5m for its NFT platform
Aura Network, an NFT dedicated layer-1 blockchain based on Cosmos ecosystem, has raised $2.5m in its seed funding round.
UK sets out plans to become global cryptoasset technology hub
The UK government has unveiled its plans to make the country a global centre for cryptoasset technology.
Standard Chartered invests into blockchain company Partior
Partior, a blockchain-based global network for value exchange, has received an investment from Standard Chartered.
Metaverse economy could reach $13trn valuation by 2030
A report by Citi has predicted that the fledgling Metaverse economy could be worth $13trn by 2030.
EU Parliament votes to introduce KYC on private crypto wallets
The European Parliament has voted to introduce new regulatory measures that would essentially restrict cryptocurrency transactions by anonymous accounts.
Wormhole hack causes around $320m in stolen cryptocurrency
Blockchain bridge Wormhole has confirmed that around $320m worth of cryptocurrency has been stolen following a hack earlier this week.
Blockchain consortium RiskStream to work with B3i Services for parametric home insurance
The Institutes RiskStream Collaborative, the risk management and insurance industry’s blockchain consortium, has partnered with B3i Services AG, to explore automation in home insurance.
IMA launches metaverse’s first insurance research facility
IMA Financial Group has launched IMA Web3Labs, the metaverse’s first insurance and risk management research and development facility.
Visa launches initiative to help creatives benefit from NFTs
Visa has unveiled a new program aimed at helping digital-first creatives grow their small businesses through non-fungible tokens (NFTs).
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