Web3 Archives - Pandaily

Bitmain Temporarily Halts Employee Salary Payments

Pandaily — Mon, 09 Oct 2023 07:56:41 +0000

Chinese Crypto mining machine manufacturer Bitmain has reportedly suspended employee payments for September.

Pop Star Jay Chou and China Mobile Ink Collaboration for Development of Metaverse

Pandaily — Tue, 09 May 2023 01:51:38 +0000

On May 8th, Taiwanese singer, songwriter, and record producer Jay Chou signed cooperation agreement with state-owned China Mobile in the field of metaverse.

The NBA Playoffs Court Blind Box Releases on Topnod

Pandaily — Tue, 11 Apr 2023 07:38:04 +0000

On April 10th, Topnod, the digital collectibles issuance platform under Ant Group, launched the first variable digital collectible "NBA Playoffs Court Blind Box".

Bilibili Launches An App for Blockchain Platform Upowerchain

Pandaily — Tue, 04 Apr 2023 02:47:08 +0000

Bilibili, a Chinese company that specializes in video streaming and mobile gaming, has recently released a new app for its blockchain platform called Upowerchain. This app enables users to view digital collections, search for on-chain addresses and access asset information.

The U.S. Commodity Futures Trading Commission Sues Binance Founder CZ

Pandaily — Tue, 28 Mar 2023 07:35:51 +0000

On March 28th Beijing time, the US Commodity Futures Trading Commission (CFTC) filed a lawsuit against CZ, the founder of cryptocurrency exchange Binance, accusing the company of intentionally providing unregistered cryptocurrency derivative products in the United States in violation of federal laws.

SEC Sues Justin Sun and His Companies Over Crypto Violations

Pandaily — Thu, 23 Mar 2023 05:40:36 +0000

On March 22, SEC filed a formal lawsuit against Justin Sun, the founder of Tron, as well as three of his wholly-owned companies. The charges against them include accusations of selling securities illegally, engaging in fraud, and manipulating the market.

XCMG Group Releases Web3 Exploration Plan

Pandaily — Tue, 21 Mar 2023 09:02:58 +0000

Following along with the concepts of Metaverse and Web3, Xuzhou Construction Machinery Group (XCMG ) announced the Bored Ape NFT series number #3489 as its ambassador at the construction machinery exhibition at the Las Vegas Metaverse, and released its Web3 exploration linkage plan.

Shenzhen-Based Tagging Launches Social Product Integrating Digital Characters with ChatGPT

Pandaily — Thu, 09 Mar 2023 03:52:19 +0000

Tagging, a Chinese metaverse social application developer, released an app based on ChatGPT technology - Tagging X GPT-3, which combines tags and digital characters.

Candy Digital and Getty Images Partner to Release First Digital Archival Collectibles

Pandaily — Tue, 07 Mar 2023 13:15:00 +0000

Candy Digital, the next-generation digital collectible company, and Getty Images, a preeminent global visual content creator and marketplace, announced on March 7 a partnership titled "Exposure: by Getty Images & Candy".

Hong Kong Plans to Allow Retail Investors to Trade Cryptocurrencies

Pandaily — Tue, 21 Feb 2023 04:44:16 +0000

On February 20, the Hong Kong Securities and Futures Commission proposed new rules that would let retail investors trade certain "large-cap" cryptocurrencies on licensed exchanges. This move comes in contrast to mainland China's strict crackdown on crypto trading.

Decentralized Social Networking App Damus Removed From Chinese App Store

Pandaily — Fri, 03 Feb 2023 05:07:41 +0000

Damus, a social networking product based on decentralized protocol Nostr, announced via Twitter on February 3 that, according to the requirements of the Cyberspace Administration of China (CAC), it would be removed from domestic app stores.

Hong Kong Monetary Authority Plans to Bring Stablecoins into Scope of Supervision

Pandaily — Wed, 01 Feb 2023 09:00:26 +0000

On January 31, the Hong Kong Monetary Authority (HKMA) stated that it would give priority to the supervision of stablecoins. The major global financial centre is striving to become a virtual asset center.

Chinese Social Media App Xiaohongshu Integrates Conflux as Permissionless Blockchain

Pandaily — Sun, 29 Jan 2023 04:15:08 +0000

With more than 200 million monthly active users, Xiaohongshu, a Chinese lifestyle-based social media platform, has integrated Conflux Network as a permissionless blockchain within the app.

Keyrock: Liquidity Makes Blockchain Matter

Siyan — Wed, 18 Jan 2023 03:25:51 +0000

Why does blockchain matter? People might have different answers to this question. To Kevin de Patoul, the co-founder of Keyrock, a digital-asset market maker, blockchain enables the market to provide liquidity on a broader scale of asset types.

Alibaba Cloud, HashKey and PlatON to Bring Web3 Global Startup Competition to Four Major Cities

Pandaily — Mon, 16 Jan 2023 11:58:16 +0000

Digital asset financial services group HashKey Digital Asset Group, along with its partners, public cloud IaaS service provider Alibaba Cloud and internet infrastructure protocol PlatON, will co-host HAPathon 2023, a Web3 global startup competition.

MultiMetaVerse to Acquire Majority Stake in “Mole’s World” Developer Taomee

Pandaily — Fri, 13 Jan 2023 10:17:22 +0000

MultiMetaVerse, an animation and entertainment company serving young consumers in China, announced on January 12 that it has entered into a non-binding letter of intent with Orient TM Ruibo to acquire a 72.81% equity stake in Taomee, an interactive entertainment group.

Baidu to Launch XiRang MetaStack, Enabling Metaverse Construction in 40 Days

Pandaily — Thu, 05 Jan 2023 10:51:15 +0000

Ma Jie, the vice president of Baidu, said on January 4 that the tech giant is set to unveil a metaverse solution called XiRang MetaStack. The solution enables the creation of an independent metaverse in only 40 days, which would have otherwise taken from six months to a year to complete.

Huobi Aims to Obtain 100 Million Users by End of 2023

Pandaily — Wed, 04 Jan 2023 04:44:08 +0000

Cryptocurrency exchange firm Huobi, which oversees a continuously running platform without a single security breach in 10 years of operations, has set a goal of reaching 100 million users by the end of 2023.

China to Launch Digital Asset Trading Platform Soon

Pandaily — Thu, 29 Dec 2022 08:35:15 +0000

China's first national-level secondary trading platform for digital assets will be launched on January 1 of the new year, aimed at supporting the trade of intellectual property rights, digital copyright and digital collections.

Alibaba’s Taobao to Launch First Metaverse Livestreaming Channel

Pandaily — Mon, 26 Dec 2022 09:47:09 +0000

Taobao, an e-commerce platform owned by Alibaba, is conducting final tests before launching its first metaverse livestreaming product.

Web3 Firm Azuki Arrives on Chinese Lifestyle Social Platform Xiaohongshu

Pandaily — Wed, 21 Dec 2022 05:11:17 +0000

The Chinese user community of Web3 firm Azuki has officially arrived on Xiaohongshu, a lifestyle sharing social platform, to share more about the brand's community culture and activities.

Binance Resumes Withdrawals of Stablecoin USDC After Short Suspension

Pandaily — Wed, 14 Dec 2022 06:27:06 +0000

Binance, the world's leading cryptocurrency exchange, resumed stablecoin USDC withdrawals about eight hours after it announced a pause in the service on December 13 while it carried out a "token swap."

Alibaba’s Joseph Tsai Invests in Web3 Video Platform

Pandaily — Mon, 12 Dec 2022 05:37:23 +0000

Shibuya, a Web3 video platform, received seed round funding of $6.9 million on December 8, led by a16z crypto and Variant, which was also the first Web3 startup to publicly accept investment from Joseph Tsai, co-founder and executive vice chairman of Alibaba.

Digital Collections Listed as Virtual Property in China

Pandaily — Mon, 05 Dec 2022 12:50:00 +0000

In a case of information sales contract dispute caused by a digital collection transaction heard by Hangzhou Internet Court in Zhejiang Province, China, it was pointed out that digital collections belong to virtual property that is protected by law.

Huobi Co-Founder Appointed CEO of New Huo Tech to Diversify Digital Asset Business

Pandaily — Fri, 02 Dec 2022 06:17:40 +0000

Jun Du, the co-founder of crypto exchange Huobi, has been appointed as the executive director and CEO of New Huo Tech, leading the Hong Kong-listed one-stop crypto asset service platform to further diversify its digital asset business in the future.

Crypto Exchange Coinbase Shuffles Asia-Pacific Team

Pandaily — Fri, 02 Dec 2022 05:58:44 +0000

Coinbase, the first crypto exchange to go public on a US stock market, on November 30 announced leadership changes to its Asia-Pacific team, following its focus on Singapore as a tech hub last year and obtaining recent regulatory approval in the country.

Huobi Partners With Tron to Launch First National Token in Dominica

Pandaily — Tue, 29 Nov 2022 10:13:42 +0000

In order to advance the global development of Web3 and the metaverse, Huobi has partnered with Tron Network and DMC Labs to jointly launch the world's first national token, the Dominica Coin (DMC).

Huobi Launches Refreshed Brand, Unveils Post-Acquisition Global Expansion Roadmap

Pandaily — Wed, 23 Nov 2022 06:19:47 +0000

Crypto exchange Huobi Global launched a refreshed branding strategy on November 22, under which it will now simply be known as "Huobi." The brand upgrade also came with the unveiling of a global expansion roadmap since it was acquired by About Capital Buyout Fund last month.

Binance Takes Lead in Size of Bitcoin Reserves

Pandaily — Wed, 23 Nov 2022 06:01:23 +0000

Data from analytics site CryptoQuant recently revealed that Binance has surpassed Coinbase Pro, a leading crypto exchange platform, to reach the top rank in terms of Bitcoin reserves on the exchange for the first time.

Chinese Digital Collection Platforms Retreat Under Strong Supervision

Pandaily — Mon, 21 Nov 2022 05:58:25 +0000

Since October, nearly 20 small and medium-sized digital collection platforms in China have issued announcements regarding scale-backs and liquidations, citing industry risks, low growth rates, stagnated development and other reasons.

Amazon Web Services Reportedly Conducting Secret Business in Chinese Cryptocurrency Field

Pandaily — Thu, 17 Nov 2022 09:22:18 +0000

Various blockchain projects with unclear entanglements in virtual currency reportedly served as the revenue pillars for Amazon Cloud Services (AWS) in China. Amazon China was using a well-designed system to hide these projects under the guise of AWS.

Tencent Music Entertainment Shuts Down Digital Collection Business

Pandaily — Wed, 16 Nov 2022 13:39:37 +0000

Music streaming service provider Tencent Music Entertainment (TME) shut down its digital collection business and has transferred some team members to other departments.

Defendant in ETH Theft Case in China Sentenced to Over 10 Years in Prison

Pandaily — Wed, 16 Nov 2022 06:24:44 +0000

The defendant in a cryptocurrency theft case in Southeast China has been sentenced to 10 years and six months in prison and fined 200,000 yuan ($28,240).

Metaverse Platform Yahaha Bags $40M in Round-A+ Financing Led by Temasek and Alibaba

Pandaily — Tue, 15 Nov 2022 04:18:53 +0000

Virtual user-generated content metaverse platform Yahaha announced on November 15 that it has completed round-A+ financing totaling $40 million, jointly led by Temasek and Alibaba and followed by 37 Interactive Entertainment.

Hong Kong-Based Crypto Exchange Bitcoke Suspends Withdrawals Due to Investigation of Financial Officer

Pandaily — Mon, 14 Nov 2022 06:30:34 +0000

BitCoke, a Hong Kong-based crypto exchange, suspended withdrawals from 13:00 on November 13 local time due to a police investigation into its financial officer.

Crypto Exchange Binance to Acquire Rival FTX, Drawing Antitrust Concerns

Pandaily — Wed, 09 Nov 2022 03:17:00 +0000

Crypto giant Binance said on November 8 that it has signed a non-binding letter of intent to fully acquire its rival FTX, helping to cover a liquidity crunch. Binance was the first investor to back FTX.

NFT Marketplace Magic Eden Seeks New Standard to Enforce Royalties

Pandaily — Tue, 08 Nov 2022 08:17:00 +0000

Jack Lu, co-founder and CEO of Solana's leading NFT marketplace Magic Eden, has advocated for a new NFT standard that would enforce royalties at a hard, technological level.

Who Is Responsible for the GALA Token Incident?

Pandaily — Mon, 07 Nov 2022 10:50:00 +0000

The price of a GALA token on crypto exchange Huobi recently plummeted to nearly zero, stemming from a maneuver carried out by pNetwork, which locked up GALA on the Ethereum blockchain and re-minted it as "pGALA" on the Binance Smart Chain.

Decentralized Social Graph Lens Protocol Secures Investment From FTX Ventures

Pandaily — Fri, 04 Nov 2022 09:12:00 +0000

FTX Ventures, a capital investment fund under crypto exchange FTX, has invested in Lens Protocol, a composable and decentralized social graph created by the team behind decentralized finance lending platform Aave.

Marketing Firm Serotonin on Web3’s Remarkable Impact on the Gaming Field

Pandaily — Thu, 03 Nov 2022 05:23:00 +0000

Serotonin, the leading marketing agency in Web3 field, published a report on November 2 to demonstrate how both studios and gamers can benefit tremendously from Web3.

Comedian Stephen Chow Hints at Bringing His Film Character to Metaverse

Pandaily — Tue, 01 Nov 2022 09:26:00 +0000

Stephen Chow, a Hong Kong comedian, filmmaker and actor known for Shaolin Soccer and Kung Fu Hustle, posted on Instagram on October 31 to ask which of his movie characters people would most like to see in the metaverse, hinting that he will introduce his own characters to the Web3 world.

Huobi Denies Mass Layoffs and Departure of Executives

Pandaily — Mon, 31 Oct 2022 07:50:00 +0000

Reports have emerged claiming that the former CEO and CFO of Huobi, a crypto exchange that has been purchased by a Hong Kong-based investment company, have resigned, and that large-scale layoffs will be carried out. However, this report was then denied by company officials.

Hong Kong Unveils Measures to Develop Virtual Assets Value Chain

Pandaily — Mon, 31 Oct 2022 07:21:00 +0000

The Hong Kong government issued a policy statement on the local development of virtual assets at the opening of the city's flagship tech conference Hong Kong FinTech Week on October 31, aiming to promote the city as an international crypto hub.

Binance Invests $500M in Elon Musk’s Twitter Acquisition

Pandaily — Fri, 28 Oct 2022 13:34:00 +0000

With Elon Musk taking over Twitter, Binance, the world’s largest crypto exchange, confirmed on October 28 that it was an equity investor in the billionaire’s $44 billion acquisition.

Hong Kong to Legalize Retail Crypto Trade as Mainland Ban Persists

Pandaily — Fri, 28 Oct 2022 05:17:00 +0000

A planned mandatory licensing program in Hong Kong for crypto platforms set to be enforced in March of next year will reportedly allow retail trading. Regulators are seeking to allow listings of bigger tokens but won't endorse specific ones like Bitcoin or Ether.

Coca-Cola and Tencent Music’s TMELAND Create Metaverse Zone for Fans

Pandaily — Wed, 26 Oct 2022 07:34:00 +0000

TMELAND, the first virtual social music platform under Tencent Music Entertainment, opened a new metaverse zone for fans on October 24 during the Coca-Cola Fan Festival through WeChat mini programs in China.

Crypto Mining Firm Canaan Launches Cutting-Edge Bitcoin Mining Rigs

Pandaily — Tue, 25 Oct 2022 06:28:00 +0000

Chinese crypto mining rig manufacturer Canaan Inc. on October 24 launched the Avalon Made A13 series, a new generation of bitcoin mining machines.

LiveArt Meta-morphic Public Sale to Launch on Oct. 24, With Support From Top NFT Marketplace and Blue Chip Communities

Pandaily — Thu, 20 Oct 2022 08:16:02 +0000

According to LiveArt, the NFT collection "Meta-morphic: Seven Treasures" by contemporary master Huang Yuxing will be open for public sale on October 24, 2022 14PM UTC.

Metaverse Startup Flowing Cloud Lists in Hong Kong, Flat R&D Investment Raises Concern

Pandaily — Wed, 19 Oct 2022 04:10:00 +0000

AR and VR services provider Flowing Cloud was officially listed on the Hong Kong Stock Exchange on October 18 as its first metaverse-related stock, with an opening price of HK$2.21 ($0.28) per share, equal to the issue price.

Short Video Giants Douyin and Kuaishou Compete for Social Metaverse

Pandaily — Mon, 17 Oct 2022 05:30:00 +0000

Following the launch of virtual avatar "Douyin Zaizai," ByteDance's Douyin platform recently unveiled a new virtual space. Meanwhile, competing Chinese short video streaming platform Kuaishou is also developing a virtual avatar social networking layout.

Attackers Mint XEN Token for Free Through Crypto Exchange FTX’s Hot Wallet

Pandaily — Fri, 14 Oct 2022 06:00:00 +0000

XEN token is a recently launched Ethereum project minted by paying gas fees. According to a blog post by X-explore on October 13, an attacker has been minting the XEN token for free, while the FTX crypto exchange pays the gas fees.

Shanghai’s Hongkou District Subsidizes Metaverse Startups With Up to Nearly $28K

Pandaily — Fri, 14 Oct 2022 05:48:00 +0000

Applications for a science and technology entrepreneurship project in Shanghai's Hongkou District with a metaverse focus have now commenced. As part of this initiative, the local government body will provide eligible startups with financial support of up to $27,878.

STEPN Denies Mass Layoffs, Devotes More Resources to Parent Firm

Pandaily — Thu, 13 Oct 2022 06:36:00 +0000

Move-to-earn Web3 platform STEPN is reportedly planning to lay off more than 100 moderators, brand ambassadors, and others amid a struggling cryptocurrency market. However, the company said that such reports were "baseless claims that are factually inaccurate."

Chinese Entertainment Firm Huayi Brothers Holds Shares in Metaverse Startup

Pandaily — Thu, 13 Oct 2022 06:28:00 +0000

As of October 12, a subsidiary of Chinese multinational entertainment company Huayi Brothers Media Corp. held 20% of shares in Metaverse Culture and Entertainment Management (Qingdao) Co., Ltd., and James Wang, one of Huayi Brothers' founders, was serving as its director.

LiveArt Announced Meta-morphic Reserve Campaign, Holders Are Able to Get Second Chapter NFT Airdrop by Reserving

Pandaily — Thu, 13 Oct 2022 02:14:38 +0000

LiveArt has launched the Meta-morphic NFT reserve campaign. All Meta-morphic holders can participate in the reserve campaign, and the participants will receive a free NFT airdrop in the second chapter of Huang Yuxing’s NFT.

Chairman of China’s ZQGame Holds Metaverse Wedding, Launches Digital Wedding App

Pandaily — Wed, 12 Oct 2022 04:38:00 +0000

Li Yilun, chairman of Shenzhen-based publicly listed online game company ZQGame, held China's first "metaverse wedding" based on his own actual wedding on October 8. Li took over the firm's chairmanship from his father just five months ago.

Chinese Businessman Wang Sicong Indirectly Holds Shares of Digital Collection Platform MintTown

Pandaily — Wed, 12 Oct 2022 04:12:00 +0000

Due to the indirect shareholding of Wang Sicong, a Chinese businessman and the only son of prominent real estate magnate Wang Jianlin, MintTown has become one of the most popular digital collection platforms in China.

Justin Sun Is Reportedly the Core Investor of Huobi Acquirer About Capital

Pandaily — Mon, 10 Oct 2022 03:50:00 +0000

Justin Sun, a Chinese cryptocurrency entrepreneur and the founder of Tron, a blockchain DAO ecosystem, is reportedly the core investor of Hong Kong-based investment company About Capital Management, which recently purchased crypto exchange Huobi Global.

Binance’s BNB Chain Resumes Activity after Exploit Drained $100M

Pandaily — Sat, 08 Oct 2022 14:15:00 +0000

BNB Chain, the native blockchain behind Binance, resumed operations on October 7 after reports indicated a hacker made off with an estimated 2 million BNB tokens by exploiting a vulnerability in the network.

Crypto Exchange Huobi Acquired by About Capital, Founder Steps Down as Shareholder

Pandaily — Sat, 08 Oct 2022 03:55:00 +0000

Huobi Global, a leading crypto exchange, has agreed to be purchased by Hong Kong-based investment company About Capital Management (HK) Co., Limited. Leon Li, Founder and CEO of Huobi, will no longer serve as the shareholder and actual controller of the company.

Web3 Is Set to Permeate Smartphone Industry

Huxiu — Wed, 05 Oct 2022 02:00:00 +0000

Huawei has at least three departments studying and exploring Web3, and the HarmonyOS team is one of them. Before Huawei, Samsung and HTC have already worked on Web3, successfully combining it with their own smartphone hardware.

Warner Music Group and OpenSea Partner to Support Web3 and NFT Artists

Pandaily — Fri, 30 Sep 2022 07:24:00 +0000

Global music and entertainment company Warner Music Group announced on September 29 its new collaboration with OpenSea, a marketplace for NFTs, to provide a platform for select WMG artists to build and extend their fan communities through Web3.

MetaMask Institutional Onboards Third Round of Custodians

Pandaily — Thu, 29 Sep 2022 04:20:00 +0000

Blockchain software firm and MetaMask developer ConsenSys unveiled the third round of institutional custodians that have been onboarded to MetaMask Institutional (MMI).

Developer of Mini-Game “Sheep a Sheep” Claims Infringement by GameFi Version

Pandaily — Wed, 28 Sep 2022 06:20:00 +0000

Following the release of a digital mini-game called "Sheep a Sheep," which has recently gone viral in China, a new GameFi version has quietly been launched. Its token price has experienced roller coaster-like fluctuations within a short period of time.

Chinese Authorities Crack Down on $5.6B Crypto-Related Money Laundering

Pandaily — Tue, 27 Sep 2022 05:42:00 +0000

Authorities in China's Hunan province have recently busted a criminal group that used cryptocurrency to launder 40 billion yuan ($5.6 billion). The trade of digital currencies was banned in the country last September.

Metaverse Jobs on Chinese Recruitment Platform Up 16.6% YoY From January to July

Pandaily — Tue, 27 Sep 2022 05:20:00 +0000

Chinese recruitment platform Zhaopin released its 2022 Talent Development Report on the Metaverse Industry on September 26. The document points out that from January to July, the number of jobs related to the metaverse on the platform increased by 16.6% year-on-year.

“Meta-morphic” NFTs by Chinese Artist Huang Yuxing With LiveArt Sell Out in One Minute

Pandaily — Fri, 23 Sep 2022 12:51:16 +0000

Meta-morphic, an NFT project pioneered by Chinese artist Huang Yuxing alongside LiveArt, opened for sale at 8:00 p.m. on September 23, Beijing time. A total of 800 units were sold in the pre-sale phase, while 670 units sold by the official platform sold out within one minute of the launch.

Chinese Social Metaverse Products Struggle With Poor User Experience

Pandaily — Fri, 23 Sep 2022 05:38:00 +0000

Metaverse-based social products are rapidly emerging as the new trendy focus for the Chinese tech world. According to Qimai Data, about 228 apps in China have added "metaverse" to their descriptions so far.

“Meta-morphic”: A Journey Through Time and Life With Artist Huang Yuxing

Pandaily — Thu, 22 Sep 2022 16:03:38 +0000

Meta-morphic, an art NFT project pioneered by Chinese artist Huang Yuxing alongside LiveArt, represents a marriage of Web3 and art.

AR Service Provider Flowing Cloud Eyes to Become First Metaverse-Related Stock Listed in Hong Kong

Pandaily — Thu, 22 Sep 2022 14:57:18 +0000

On September 22, a document from the Hong Kong Stock Exchange (HKEx) showed that Flowing Cloud, a Chinese tech firm, passed the listing hearing and it will start trading on the main board of the exchange.

Inkeverse Launches Social Metaverse Product Targeted at Gen Z

Pandaily — Thu, 22 Sep 2022 05:55:00 +0000

Chinese social networking firm Inkeverse is continuing its push into the metaverse with the launch of a new social product for overseas markets called "The Place."

Understanding Meta-morphic: A Meeting of Nature, Life, and Technology

Pandaily — Wed, 21 Sep 2022 15:32:42 +0000

Chinese artist Huang Yuxing’s Meta-morphic genesis NFT collection serves to share more closely his thought process and the power of his art. The collection is fully supported by LiveArt.

Institute in Shanghai Unveils Self-Developed Web3 Operating System

Pandaily — Wed, 21 Sep 2022 05:58:00 +0000

On September 21, the Shanghai Tree-Graph Blockchain Research Institute released Conflux OS, a new self-developed operating system that provides underlying code support for the cultivation of a Web3 application ecology in China.

From Creation to Value: Understanding Huang Yuxing’s Blue Chip NFT Series “Meta-morphic”

Pandaily — Tue, 20 Sep 2022 10:16:28 +0000

On September 7, 2022, LiveArt announced its launch of "Meta-morphic," a genesis Generative Art, multi-chapter NFT collection from Huang Yuxing, a world-renowned contemporary artist.

Tencent Music’s Digital Collection Platform Responds to Sales Suspension

Pandaily — Mon, 19 Sep 2022 15:44:00 +0000

The digital collection platform owned by Tencent Music Entertainment Group is currently in a state of near shutdown. The company said that the digital collection plate is still in the evaluation and planning stage, and subsequent moves will be unveiled in the future.

Contemporary Artist Huang Yuxing Launches His First NFT Collection, “Meta-morphic,” a Multi-Chapter Digital Journey Through Motifs Central to His Art

Pandaily — Mon, 19 Sep 2022 10:12:53 +0000

Huang Yuxing is one of the most sought-after contemporary artists. The "Meta-morphic" NFT collection, launched by Huang Yuxing and LiveArt, was born from the influence of natural philosophy on his art.

Tencent Cloud and Singapore-Based Strange Universe to Develop Web3 Business Metaverse Platform

Pandaily — Thu, 15 Sep 2022 06:03:00 +0000

Tencent Cloud announced on September 13 its signing of a memorandum of understanding with Strange Universe Technology, a Singapore-based Web3 company, involving the creation of an immersive and integrated platform.

Few Chinese Companies Involved in Digital Collections Disclose Related Revenue

Pandaily — Wed, 14 Sep 2022 04:06:00 +0000

So far, a recorded 26 A-share listed companies in China have become involved in digital collections, the country's version of NFTs. Among these firms, only three have announced the revenue related to this innovative business.

From Project Galaxy to Galxe: Rebranding and Evolving

Siyan — Tue, 13 Sep 2022 06:04:00 +0000

Project Galaxy announced on September 6 that it will be changing its name and logo to Galxe. Right before the announcement, Pandaily interviewed its co-founder, Harry Zhang. Zhang went through his own Web3 journey and introduced his ambitious vision for the future.

Huobi to Delist Seven Privacy Tokens Amid Regulatory Clampdown

Pandaily — Tue, 13 Sep 2022 03:47:00 +0000

Huobi, one of the world's leading crypto exchanges, on September 6 terminated trading services for seven privacy tokens, which will begin to be delisted on September 19 in order to achieve compliance with tightening financial regulation around the world.

Blockchain Gaming Firm Animoca Brands Raises $110M in New Funding

Pandaily — Fri, 09 Sep 2022 05:42:00 +0000

Animoca Brands, a leader in digital entertainment, blockchain, and gamification, announced on September 8 that it has closed a strategic investment round totaling $110 million.

Web3 Infrastructure Startup Mysten Labs Secures Financing From Top Crypto Names

Pandaily — Fri, 09 Sep 2022 05:19:00 +0000

Mysten Labs, a Web3 infrastructure company and developer of the Sui Layer 1 blockchain, announced its completion of a $300 million Series B funding round on September 8. This fresh capital values the company at more than $2 billion.

Ant Group’s Digital Collection Platform Launches Custom Physical Object Function

Pandaily — Thu, 08 Sep 2022 09:56:00 +0000

On September 8, fintech giant Ant Group's digital collection platform Jingtan officially launched an "entity customization" function, allowing users to customize some digital collections into derivative objects.

Web3 Energy Firm Tesseract Secures $78M in New Funding

Pandaily — Thu, 08 Sep 2022 05:18:00 +0000

Web3 energy company Tesseract has raised $78 million in a funding round with participation from Balderton, Low Carbon, Ribit Capital, former Formula One driver Nico Rosberg and others.

Video Game Retailer GameStop Partners With Crypto Exchange FTX

Pandaily — Thu, 08 Sep 2022 04:16:00 +0000

Video game retailer GameStop announced on September 7 that it has entered into a partnership with FTX US, one of the biggest cryptocurrency exchanges. GameStop's shares, which are down 35% this year, rose 11% in extended trading.

Crypto Incubator and Advisor PANONY Secures Round-A Funding

Pandaily — Wed, 07 Sep 2022 04:33:00 +0000

Blockchain-focused incubator, investor and adviser PANONY has closed a Series A funding round backed by NGC Ventures, one of Asia's largest crypto investment firms, boosting it to a valuation of $100 million.

Project Galaxy Rebrands as Galxe, Evolves Into Ecosystem

Pandaily — Wed, 07 Sep 2022 04:18:00 +0000

Project Galaxy, a Web3 digital credential data network, announced on September 6 that it has rebranded as Galxe, aiming to show that it has developed from a project into an ecosystem.

Crypto Exchange FTX delisting ANC, suspend deposito dan penarikan LUNC dan USTC

Pandaily — Tue, 06 Sep 2022 06:25:04 +0000

Bursa derivatif kripto FTX mengatakan pada 5 September bahwa mereka akan menangguhkan setoran dan penarikan Terra Classic (LUNC) dan TerraClassicUSD (USTC) dan menghapus token Anchor Agreement (ANC) mulai 12 September.

Crypto Exchange FTX to Delist ANC, Suspend Deposits and Withdrawals of LUNC and USTC

Pandaily — Tue, 06 Sep 2022 04:16:00 +0000

Crypto derivatives exchange FTX said on September 5 that it will suspend deposits and withdrawals of Terra Classic (LUNC) and TerraClassicUSD (USTC), and delist Anchor Protocol (ANC) tokens, starting from September 12.

Binance Suspends ETH and WETH Deposits and Withdrawals Ahead of Merge

Pandaily — Tue, 06 Sep 2022 03:56:00 +0000

To prepare for the Ethereum Merge and secure the allocation of forked tokens in the case of a chain split, Binance said on September 5 that it would suspend deposits and withdrawals for Ethereum (ETH) and Wrapped Ethereum (WETH) on multiple networks.

Users of Tencent Music’s Digital Collection Platform Demand Refund

Pandaily — Mon, 05 Sep 2022 06:42:00 +0000

Ever since Huanhe, a digital collection platform owned by Tencent, stopped distribution on August 16, Tencent Music Entertainment's digital collection platform has also attracted users' attention. Some have demanded a refund like Huanhe.

Crypto Mining Pool Poolin’s Low Liquidity Leads to Withdrawal Difficulties

Pandaily — Mon, 05 Sep 2022 04:14:00 +0000

In response to withdrawal difficulties faced by many of its users, Kevin Pan, the founder and CEO of global crypto mining pool Poolin, recently said that the situation has been caused by a lack of liquidity, and that funds are safe.

Universal Name Service Protocol SPACE ID Closes Seed Round Led by Binance Labs

Pandaily — Fri, 02 Sep 2022 07:18:00 +0000

Decentralized identity protocol SPACE ID has closed seed-round funding led by Binance Labs, the venture capital arm and accelerator of Binance.

Social Metaverse Platform Soul Showcases Ling OS and NAWA Engine

Pandaily — Fri, 02 Sep 2022 05:36:00 +0000

As an advocate for social metaverse development in China, Tencent-backed platform Soul presented its two latest intelligent technology achievements – Ling OS and NAWA Engine – at the World Artificial Intelligence Conference on September 1.

A16z Crypto Launches Free NFT Licensing Framework

Pandaily — Thu, 01 Sep 2022 05:17:00 +0000

As copyright vulnerabilities have led to significant confusion around NFT licenses, the crypto arm of venture capital firm Andreessen Horowitz (known as a16z) now thinks it's time for a new set of licenses, designed specifically for NFTs.

JVR Music and Mints to Create Jay Chou-Themed Metaverse Space

Pandaily — Wed, 31 Aug 2022 05:10:00 +0000

Taiwanese singer and songwriter Jay Chou and music entertainment brand JVR Music, which he co-founded in 2007 with Vincent Fang and JR Yang, have set their sights on the music metaverse.

FTX Founder Denies Acquisition of Crypto Exchange Huobi

Pandaily — Tue, 30 Aug 2022 04:45:00 +0000

News emerged on August 29 that crypto exchange FTX has officially acquired its competitor Huobi and will change its name to HTX. However, this rumor was denied by FTX's founder and CEO Sam Bankman-Fried.

NFT Weekly: The Future of Metaverse Innovation in China

Pandaily — Tue, 30 Aug 2022 02:59:00 +0000

This week: Beijing announces a two-year plan for metaverse innovation and development, Huobi-backed NFT platform iBox to halt international operations, The Sandbox launches its newest Alpha season, and more.

Bitcoin’s Market Cap Surpassed by Tencent

Pandaily — Mon, 29 Aug 2022 07:30:00 +0000

Bitcoin's market cap now stands at $379.39 billion, down 7.52% in the past seven days and overtaken by Chinese tech giant Tencent, as its price continues to fall, according to 8MarketCap.