The BRICS nations (Brazil, Russia, India, China, and South Africa) are collaborating on developing a blockchain-based payment system to facilitate trade settlements among members. This initiative aims to reduce reliance on the U.S. dollar and promote de-dollarization in international transactions.
Sony’s latest patent application reveals plans for “super-fungible tokens” – bundles of unique in-game assets tokenized as NFTs – that could allow PlayStation gamers to truly own and transfer their digital assets across games and platforms. This move signals a potential shift towards blockchain gaming adoption by one of the industry’s giants.
Solana (SOL) jumped over 7% to become the 4th biggest cryptocurrency by market cap as it climbed above $140 amid Bitcoin’s latest rally toward a new all-time high price.
The BRICS group is working to create an independent payment system based on digital currencies and blockchain technology. This move aims to increase the role of BRICS in the international monetary system and reduce reliance on the US dollar for settlements.
The messaging app Telegram will split ad profits 50/50 with channel owners starting in March, using TON blockchain and its token Toncoin for seamless crypto payouts.
The Supreme People’s Procuratorate of China is intensifying efforts to combat cybercrimes by targeting criminals using blockchain and metaverse projects, who are increasingly employing cryptocurrencies for money laundering.
Oasys, a Japanese gaming blockchain company, has partnered with South Korean internet giant Kakao’s web3 arm Metabora SG. The partnership will leverage Oasys’ eco-friendly technology and Metabora’s gaming expertise to expand into the Japanese blockchain gaming market.
Circle has decided to stop minting and supporting its USD-backed stablecoin USDC on the Tron blockchain network, requiring institutional clients to transfer or redeem their USDC holdings by February 2025.
Pioneering multiparty computation blockchain Partisia kicks off a generous 25 million token airdrop campaign in February 2024, introducing its network to potential users and advancing platform security.
Switzerland and Liechtenstein have seen a rise in crypto “unicorns,’ with 13 token-related firms now worth $1 billion or more, boosting the economy and attracting global investments in the blockchain industry.
