Today in Crypto: Casper Labs’ Collab with Google Cloud, Yuga Labs’ Experimental Collection, Robinhood’s Subpoena, Trezor’s Plastic Chips, UAE’s Digital Asset Companies Free Zone

Source: AdobeStock / Araki Illustrations

Get the daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the tales flying individually distinct of today’s crypto news.

Blockchain news

  • Enterprise blockchain software company Casper Labs announced an expanded collaboration with Google Cloud, including moving a part of its infrastructure and enterprise applications to Google Cloud, and supplying Casper Association grant recipients use of Google Cloud technology to assist them to build and scale blockchain projects and solutions around the Casper Protocol, the pr release stated. “Google Cloud will give you the appropriate infrastructure for Casper Labs’ expertise team to deploy and manage blockchain solutions that may meet customers needs from both a personal and hybrid perspective,” it added.

NFT news

  • Major NFT collection maker Yuga Labs announced a brand new, experimental collection known as TwelveFold – a restricted-edition assortment of 300 generative artworks inscribed onto satoshis around the Bitcoin blockchain. They are ordinal inscriptions, stated the announcement. TwelveFold auction will launch in a few days, having a 24-hour notice with details and exact timing heading out on Yuga’s social networking. They described that TwelveFold is really a base 12 art system localized around a 12×12 grid, a visible allegory for that cartography of information around the Bitcoin blockchain. The gathering includes highly-made 3D elements and hands-attracted features, which function as an homage towards the ordinal inscriptions presently made by hands, it stated.

Legal news

  • Buying and selling application and brokerage Robinhood Markets stated it had become subpoenaed through the US Registration (SEC) in December, according to some filing. “Towards the extent the SEC or perhaps a court determines that any cryptocurrencies based on our platform are securities, that determination could prevent us from ongoing to facilitate buying and selling of individuals cryptocurrencies (including ceasing support for such cryptocurrencies on the platform),” Robinhood stated.  

Wallet news

  • Major hardware wallet maker Trezor confirmed it would start producing plastic chips. “Plastic nick logistics continues to be Trezored to help keep production and costs stable,” the organization stated inside a tweet.

Adoption news

  • The Federal Government of Emirate Ras Al Khaimah, Uae, announced its intention to produce RAK Digital Assets Oasis, a totally free zone for digital and virtual asset companies, Zawya reported. “It will probably be the only real free zone on the planet exclusively focused on digital and virtual assets providers innovating in new and emerging sectors for the future including metaverse, blockchain, utility tokens, virtual asset wallets, NFTs, DAOs, DApp, along with other Web3-related companies,” it stated. RAK Digital Assets Oasis will open for applications within the second quarter of 2023.

Gaming news

  • Wagyu Games Studio, a Web3 game development company founded by former Goldman Sachs analyst Grant Haseley, announced today that it is free-to-play/kill-to-earn multi-player zombie survival first-person shooter (FPS) Undead Blocks could be launched on ImmutableX. Each weapon hanging around may come as a non-fungible token (NFT) and could be customized to improve damage, ammunition capacity, and precision, it stated. Presently in beta, Undead Blocks could be performed on PC, Mac, and web browsers, and it arrives with controller compatibility. The sport will quickly be accessible on cellular devices using a special cloud gaming service. The entire launch is scheduled for Feb 28.

Investment news

  • SBI, japan securities giant and Ripple’s partner, announced the purchase of the 100% stake in crypto company HashHub. It promises to convert HashHub into its consolidated subsidiary.
  • Liquid staking protocol EtherFi announced it completed a $5.3m funding round co-brought by investors North Island Ventures (NIV), Chapter One, and Node Capital, with participation from Arrington Capital, Maelstrom, Version One Ventures, and Purpose Investments. Per the pr release, “the most recent funding round will support EtherFi because it looks to improve its hiring over the next six several weeks, and also to build out partnerships with a number of channels which will feed in to the protocol, including custodians, centralized exchanges, crypto wallets, and hardware wallet apps.”
  • Cboe Digital announced it became a member of the Derivatives Market Institute for Standards, Corporation. (DMIST) being an Ambassador. Based on the Futures Industry Association (FIA), DMIST is definitely an industry-governed standards body centered on increasing the efficiency, resiliency, competitiveness, and innovativeness from the exchange-traded and removed derivatives markets, stated the pr release. Cboe Digital’s group of subject material experts will take part in working groups for developing and vetting suggested industry standards.

Metaverse news

  • RLTY, a brand new metaverse platform that provides a no-code virtual experience builder for virtual event organizers, announced its launch today. It mentioned this “new method of designing, building and launching customised metaverse encounters enables Fortune 500 companies, brands, conferences, artists and web3 natives to visit live within minutes,” as the private metaverse RLTY World offers full personalization abilities. Per the announcement, in the last 12 several weeks, the woking platform produced and launched over 30 metaverse occasions across major metaverse platforms.

DeFi news

  • Mix-chain solution Axelar announced the launch of the virtual machine allowing decentralized applications (dapps) to operate on every chain. Per the pr release, the Axelar team partnered with major projects in the market, including Starknet, zkSync, Celestia, Centrifuge, Coinbase Base, MobileCoin, NEAR, and Shardeum, to integrate we’ve got the technology. The very first two products available will contain Interchain Amplifier, an efficient means to fix connect chains with Axelar’s ecosystem of partners (including Mysten Labs’ Sui, NEAR’s Aurora, Avalanche, and Polkadot), and Multichain Maestro, something for developers to deploy multichain dapps.
  • Edge &amp Node, the first team behind The Graph, a decentralized indexing protocol for querying blockchain data, announced it has started running an energetic indexer operation around the Graph’s decentralized network. “Edge &amp Node intends to progressively increase the operations inside a measured way, so they won’t adversely skew the present indexer ecosystem around the network,” it stated. The organization will index most subgraphs with strong network signal and fasten an ENS name using the indexer. Within the the coming year, Edge &amp Node aims to get an operator of Firehose and Substreams, two new bits of technology coming online within the decentralized network, it added.

Latest stories

You might also like...