What is Blockchain Gamification and How it Impacts Branding: Explained

What is Blockchain Gamification and How it Impacts Branding: Explained

The Web3 sector is teeming with thousands of products and services striving to engage a new generation of tech-savvy consumers, and blockchain gamification is one effective approach. This process involves incorporating interactive gaming elements to make non-gaming activities more engaging and immersive for users. The blockchain component enhances this concept…

Crypto-Friendly Dubai Issues Cease-and-Desist Orders Against Seven Entities, Here’s Why

Crypto-Friendly Dubai Issues Cease-and-Desist Orders Against Seven Entities, Here’s Why

The Emirate of Dubai, which in recent times has taken multiple measures to establish and promote itself as a hotspot of Web3 activities, is now identifying illegal crypto entities operating within its region. In the latest development, the Web3 governing body of Dubai has initiated an action against seven companies…

Telegram CEO Pavel Durov Teases Upcoming NFT-Related Feature: Everything to Know

Telegram CEO Pavel Durov Teases Upcoming NFT-Related Feature: Everything to Know

Telegram has been no stranger to controversy, from the arrest of its CEO, Pavel Durov, in August, to recent policy changes affecting global users. Now, the messaging platform is making headlines again by hinting at an upcoming NFT-focused feature, despite 96 percent of existing NFTs being considered inactive. While the…

Qatar Financial Centre Activates Digital Assets Lab Nearly a Year After Announcement

Qatar Financial Centre Activates Digital Assets Lab Nearly a Year After Announcement

The digital assets industry is expanding globally, with blockchain and cryptocurrency-related businesses on the rise. In a new development, Qatar has made a move to attract Web3 developers to establish their operations in the country. The Qatar Financial Centre (QFC) in Doha has launched the ‘Digital Assets Lab’ to facilitate…

Web3 Startups Surge in Asia, Europe as New Legislation, Crypto-AI Mergers Gain Traction: Report

Web3 Startups Surge in Asia, Europe as New Legislation, Crypto-AI Mergers Gain Traction: Report

The crypto sector is undergoing a regulatory revamp in several parts of the world, aiming to make the industry safer for its members. Countries that have initiated these frameworks are seeing a spike in the number of Web3 startups, bringing business and opportunities to their citizens. A recent report by…

Dubai Customs Launches Blockchain Platform for Reduced Paperwork, Tamper-Proof Data Sharing

Dubai Customs Launches Blockchain Platform for Reduced Paperwork, Tamper-Proof Data Sharing

Dubai Customs has launched a new blockchain platform to optimise commercial operations within the region, which is increasingly being seen as a pro-technology market. In an attempt to deal with some of the roadblocks that hinder the entrepreneurial sector in Dubai, the customs department is exploring the use of blockchain…

Meta Looking to Hire Generative AI-Focused Workers on Metaverse Team After Layoffs

Meta Looking to Hire Generative AI-Focused Workers on Metaverse Team After Layoffs

Meta has listed fresh job openings for its metaverse unit at its headquarters in California, after recent layoffs at its Reality Labs unit. The social networking giant is looking for professionals proficient in generative AI (GenAI), which suggests that that it could integrate the nascent technology with its metaverse-related efforts…

Meta Restructures Reality Labs Team, Forms Two Separate Divisions for Metaverse, Wearables: Report

Meta Restructures Reality Labs Team, Forms Two Separate Divisions for Metaverse, Wearables: Report

Meta is attempting to enhance and streamline its operations in the Web3 and wearables markets. The company has reportedly divided its Reality Labs team into two separate entities where one team will work on the metaverse-focussed Quest headsets and the other will dedicate its time to hardware wearables that Meta…

Coinbase Launches Initiative to Support Emerging Crypto Projects and Boost User Growth

Coinbase Launches Initiative to Support Emerging Crypto Projects and Boost User Growth

The crypto industry, currently valued at $2.36 trillion, is attracting entrepreneurs eager to experiment, especially with the emergence of Web3. Coinbase International has decided to step up as a foster for up-and-coming Web3 projects. The exchange, counted among the largest in the world, has announced the launch of its Pre-launch…