The duo will launch a Budweiser-themed race track, Budweiser NFT passes, racing prize pools starting at $45,000 and three tiers of airdropped Clydesdale NFT skins that are usable in Zed Run. Popular beer manufacturer Budweiser has teamed up with Zed Run to deploy tokenized Clydesdale draught horses in its virtual NFT-based horse racing and wagering...Continue Reading

A new report from Kraken Intelligence reveals that Metaverse tokens were one of only two categories of crypto that saw year-on-year growth in prices. Metaverse tokens are vastly outperforming every other crypto category in the current bearish condition, up by nearly 400% year-on-year. Leading the gains are Decentraland (MANA) up 41%, Sandbox (SAND) up 470%,...Continue Reading

The use of a Dutch auction on its own chain may be two major factors that contributed to the sale’s success in selling out the Land plots and keeping gas fees low. Open-world blockchain game Illuvium managed to keep the average transaction fee for its nonfungible token (NFT) Land at about $20 by holding the...Continue Reading

Ahead of the July 6 SEC decision, the investment giant has hired Don Verrilli, a former U.S. Solicitor General as a senior legal strategist, working alongside its attorneys at Davis Polk & Wardwell LLP and its in-house counsel. Grayscale Investments has hired a former U.S. Solicitor General in preparation for a potential legal spat with...Continue Reading

“We’ll be looking at all the bills very, very closely. We have a lot of work to do over the next six months,” said Governor Hochul. New York overnor Kathy Hochul is yet to publicly commit to signing the controversial Proof-of-Work (PoW) crypto mining ban bill, instead noting that her team will be looking “very...Continue Reading

Custodia wants to compel the Federal Reserve Board and its Kansas City branch to approve its application for a Fed master account within 30 days. Wyoming based digital asset bank Custodia is suing the Federal Reserve Board of Governors and the Federal Reserve Bank of Kansas City, claiming an “unlawful delay” in processing an application...Continue Reading

BTC price rallied back to a strong resistance level at $31,500, but traders caution that another whipsaw is the most likely outcome. Bitcoin’s (BTC) short-term price action has been dominated by whipsaws that trigger around the $31,000 to $32,000 level and the June 6 reversal at this point triggered a quick sell-off that pushed the...Continue Reading

Three experts from the private sector appeared before the Senate committee Tuesday to talk about ransomware attacks and how to combat them. The collection and processing of information was a major theme at the United States Senate Committee on Homeland Security and Governmental Affairs (HSGAC) hearing titled, “Rising Threats: Ransomware Attacks and Ransom Payments Enabled...Continue Reading

LINK price broke its downtrend and rallied to $9 after the developers released a roadmap and announced that Chainlink 2.0 includes token staking. Passive income opportunities are one of the biggest draws in the cryptocurrency ecosystem because it gives investors an easy opportunity to grow their portfolio size regardless of the day-to-day price action. The...Continue Reading