Announcements

Solana Labs is developing its own mobile phone titled “Saga,” an Android handset featured with Web3 dApps, integrated “Solana Pay” for QR-code payments, a mobile wallet, and a “seed vault” for private keys. According to Solana backers, the devices will cost around $1,000 and be available in early 2023. At an event in New York,…

Social media Meta is working on a wallet for the metaverse as the company is expanding its NFTs test and launching new features for creators on Facebook, Instagram, and WhatsApp. Meta CEO Mark Zuckerberg has also confirmed that Facebook Pay was renamed Meta Pay., “Ideally, you should be able to sign into any metaverse experience…

TIMEPieces, an NFT community initiative under US media company TIME, and The Sandbox announced on Tuesday a new partnership to develop TIME Square, the firm’s first-ever destination on TIME Land, in The Sandbox metaverse. According to an announcement on Medium, TIME Square will be built on the media outlet’s virtual land in The Sandbox as…

ProShares, an investment product provider, announced the launch of the US first short Bitcoin exchange-traded fund (ETF) that would allow investors to bet on Bitcoin’s decline. The product has launched Tuesday under the ticker BITI. According to Monday’s statement, the ProShares Short Bitcoin Strategy ETF would allow investors to profit from a BTC price decrease…

Deloitte, the leading global provider of audit and financial advisory, has announced a strategic partnership with New York Digital Investment Group (NYDIG), a Bitcoin investment firm that offers technology and financial services to businesses in a broad range of industries. Within the deal, the companies will collaborate to help businesses of different sizes incorporate digital…

BlockFi, a сrypto lender and exchange, has secured a $250 million credit from leading crypto platform FTX. While many crypto platforms are struggling amid a bear market, BlockFi hopes the new credit line could help them remain afloat. The agreement also opens the door to future collaboration between BlockFi and FTX. BlockFi CEO Zac Prince…