CNN Announces Abrupt Shutdown of ‘Vault’ NFT Marketplace, Users Call It a ‘Rug Pull’

CNN Announces Abrupt Shutdown of ‘Vault’ NFT Marketplace, Users Call It a ‘Rug Pull’

CNN, the popular TV news channel and digital media outlet, will no longer continue its non-fungible token (NFT) and Web3 project announced in the summer of 2021. The company confirmed this in a statement on Monday, saying, “we have decided that it’s time to say goodbye to Vault by CNN,”…

Healthcare, Logistics to See Most Benefits via Blockchain: Crypto-Centric Venture Firm Cypher

Healthcare, Logistics to See Most Benefits via Blockchain: Crypto-Centric Venture Firm Cypher

India recently secured the fourth position on the 2022 Global Crypto Adoption Index compiled by blockchain research firm Chainalysis. These ranks numbered all the countries based on their varied uses of different crypto-services and India outranked US and Russia on the scale that testified to the growing adoption of crypto…

Puma Launches Its First Metaverse Experience With NFTs Redeemable as Real Sneakers

Puma Launches Its First Metaverse Experience With NFTs Redeemable as Real Sneakers

Puma, the German sports apparel giant, has announced the unveiling of its first-ever metaverse website experience called Black Station. It features exclusive non-fungible tokens (NFTs) with limited edition redeemable physical sneakers which will be launched as part of its ‘Futrograde’ show during the ongoing New York Fashion Week (NYFW). Puma…

CoinDCX Launches DeFi Mobile App ‘Okto’ Aimed at Widespread Expansion of Web3 in India

CoinDCX Launches DeFi Mobile App ‘Okto’ Aimed at Widespread Expansion of Web3 in India

Crypto exchange CoinDCX launched ‘Okto’, a decentralised finance (DeFi) app to open the Web3 sector for a widespread adoption in India, on Friday, August 26. The company is aiming to help members of the Indian crypto community to dive deeper into the DeFi space. As per Investopedia, DeFi is an…

Binance Actively Monitoring Indian Market to Identify Best Approach: Ken Li

Binance Actively Monitoring Indian Market to Identify Best Approach: Ken Li

The engineering talent and the emerging Web3 community of India has caught the eye of Binance, one of the largest crypto exchanges in the world. The company’s incubation and venture capital arm called Binance Labs, which is gearing up for the fifth season of its incubation program, is expecting to…

Polygon Picked by Walt Disney to Participate in Its Accelerator Program: Here’s What It Means

Polygon Picked by Walt Disney to Participate in Its Accelerator Program: Here’s What It Means

Ethereum layer-2 scaling solution Polygon is one of six companies that will take part in Disney’s accelerator program this year. The program will see Disney provide guidance from its leadership team and offer a dedicated mentor. Each participant will also attend a Demo Day at Walt Disney Studios in Burbank,…

Metaverse Multiplex: Airtel Launches 20-Screen Platform in Virtual World Named ‘Partynite’

Metaverse Multiplex: Airtel Launches 20-Screen Platform in Virtual World Named ‘Partynite’

Bharti Airtel has become the first Indian telco major to have forayed into the metaverse world. The network provider has announced a 20-screen multiplex in a metaverse called ‘Partynite’. The name of this virtual theatre has been decided to be called ‘Xstream’ and it will have content portfolios from various…

Opera’s Web3-Focussed Crypto Browser Now Supports BNB Chain to Enable Asset Trading, dApps

Opera’s Web3-Focussed Crypto Browser Now Supports BNB Chain to Enable Asset Trading, dApps

Opera web browser has added support for the BNB blockchain on its ‘crypto-friendly’ platform. The integration will allow Opera users to buy and sell the Binance token and store their assets in its in-built crypto wallet. The integration will also open access to decentralised apps (dApps) such as PancakeSwap, 1inch,…

Former Google CEO Eric Schmidt Claims He’s More Interested in Web 3 Than Crypto

Former Google CEO Eric Schmidt Claims He’s More Interested in Web 3 Than Crypto

Eric Schmidt, the former CEO of Google, has recently disclosed his views on the emerging blockchain industry, expressing that what fascinates him the most is not cryptocurrencies but the future of Web 3. Schmidt who’s also served as chairman for Google noted that “tokenomics” is a notion that piques his…