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China's state-run news agency will issue NFTs as the government cracks down on crypto

The so-called "digital news collectibles" will be issued for free on Xinhua's app, Bloomberg report…

Carla Mozée   


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4 mins read

Alibaba, Tencent, and other Chinese players are betting big on the metaverse — but the government is yet to buy into the hype

This even as industry leaders in the country — including the Ant Group and Tencent Holdings — re…

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China to launch state-run NFT blockchain that is entirely separate from cryptocurrencies

China's state-backed Blockchain Services Network will launch a new infrastructure to support NFTs, …

Phil Rosen   


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2 mins read

This Sequoia-backed EdTech startup that's bringing NFTs to classrooms just secured an $8.5 million funding round

The funding round was complicated early on by headwinds in the crypto space last year, a cofounder …

Morgan Chittum   


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Luxury brands like Burberry and Coach are cashing in on Singles' Day shopping in China by creating limited edition NFTs for the event

The Singles' Day NFT offerings were slated to run from October 20 to November 11, but many of them …

Huileng Tan   


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5 mins read

Chips, vaccines, and 'techno autocracies' - Why Big Tech and Biden are going to be friends

In this week's edition of the Insider Tech newsletter we look at how the shortage of vaccines and s…

Alexei Oreskovic   


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The Sandbox's US CEO explains his vision for the metaverse platform and why people are still flocking to web3 during the crypto winter

"We want to be the Manhattan of the metaverse, a concentration of exciting brands and artists — but…

Phil Rosen   


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Carla Mozée   


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Malaysia may legalise cryptos and NFTs soon to expand participation of youth in cryptocurrencies

It seems Malaysia may soon join the host of countries that have regulated cryptocurrencies and non-…

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4 mins read

After Ethereum, Cardano is set to get an update — and here's how that will change things for the cryptocurrency

Ethereum, the world’s second largest cryptocurrency by value, is in the midst of its transitio…

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Asia's largest music festival is launching music and art NFTs on July 23

As per Karan Singh, Chief Operating Officer, Percept Live, "The music industry is in a…

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3 mins read

China may not like cryptocurrencies but is pushing blockchain across 164 cities, companies and other entities

China’s government has announced an internal push to speed up blockchain development and innovation…

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3 mins read

More than $300,000 of China’s new CBDC is being spent at the Olympics every day

Head of China’s central bank claims that over $300,000 of China’s new digital yuan is being spent a…

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US stocks rise as easing China COVID restrictions leave stocks stronger for the week

The better-than-expected inflation report on Thursday carried the S&P 500 to its best week since Ju…

Carla Mozée   


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Not just China, South Korea is betting big on metaverse too – plans to spend $187 million to build its national ecosystem, form a Digital New Deal

South Korea wants to become the fifth-largest metaverse market in the world by 2026. Seoul aims to …

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4 mins read

Bitcoin mining gets easier with a drop in hash rate but Ethereum’s popularity is catching up

Ethereum stepped up its game and briefly had more active addresses than Bitcoin this month. That…

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Chinese e-commerce giant Alibaba opens NFT auction site for artists and game developers

Several NFTs already have listings on the Alibaba Auction platform, but bidding will not begin unti…

Sophie Kiderlin   


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3 mins read

Thai virus surge prompts concern over ICUs, vaccine supply

Around 90 per cent of Thailand's over 271,000 reported coronavirus cases and 95 per cent of the…

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3 mins read

Goldman nabs AWS exec - Wall Street all-in on cloud - China's indefinite crackdown

The top finance stories for Aug. 13, including the latest on Goldman's recent hires, Wall Street's …

Jordan Parker Erb