Fidelity files for metaverse trademarks, increasing push to the digital assets sector

    Fidelity has filed three trademark applications to provide services in the metaverse and other virtual worlds in its latest move in the digital asset space. The trademarks filing is just the firm’s latest move in the field of digital assets. According to the filings, the global asset management giant wants to provide its traditional services…

    Prominent NFT projects DeGods and y00ts migrate from Solana to Ethereum and Polygon

    DeGods and y00ts, two of the most significant NFT projects on Solana, announced a migration to other blockchains. DeGods plans to migrate to Ethereum, while y00ts will be bridged to Polygon. DeGods and y00ts, two of the leading NFT collections on Solana, have announced plans to migrate to Ethereum and Polygon next year, the teams…

    Nexo and Vauld end talks of a potential acquisition

    Crypto lender Nexo, which was in talks with troubled crypto lender Vauld to acquire it, has terminated the discussions of a potential deal. The two parties had talks since July. The potential deal has been terminated after six long months of dialogue, according to The Block. The email, sent by Vauld founder and CEO Darshan…

    Crypto Trends Weekly – Dec. 17–23

    Breaking crypto news from the last week (Dec. 17–23, 2022): Dec. 17: Fireblocks, a crypto custody tech provider, has received the Cryptocurrency Security Standard (CCSS), a first-of-its-kind certification – a security standard for crypto wallets and custody. The CCSS was created in 2014, but no crypto company has met the necessary standards so far. Dec….

    Crypto is down bad, but VCs keep pouring money in

    After the collapse of FTX, Web3 VCs say they believe in decentralized tech as much as ever. What the hell else can they say? – Ben Munster writes on Decrypt. Given the contagion and chaos we have witnessed since Sam Bankman-Fried’s crypto exchange FTX had a sudden multibillion-dollar coronary, you may be tempted to conclude…

    ZK rollups bring Ethereum’s decentralized vision into focus

    Polygon founder Mihailo Bjelic makes the case for zero knowledge technology. In 2015, the Ethereum protocol proposed a vision for a decentralized world computer capable of rearchitecting a free and open internet – removed from the whims and constraints of centralized entities. While Ethereum has become the foundation for Web3 as we know it, its…