Seamus O Connor
Samsung has received UK patent approval for its “Samsung Glasses,” marking the tech giant’s comeback to the wearable tech market after its earlier venture with Gear VR. This move signals Samsung’s readiness to compete with Apple’s Vision Pro in this competitive sector.The approval of the “Samsung Glasses” trademark by the...
Standard Tokenization Protocol (STP) has announced the launch of the Autonomous Worlds Naming Service (AWNS), a significant new addition to the gaming environment landscape. Based on the ERC-6551 token standard, AWNS is an identity solution designed to transform how we integrate in the Web3 and blockchain-based spaces.AWNS Enhances User...
GS Partners, a company operating in the Web3 domain, is facing a wave of regulatory scrutiny across many U.S. states. Accusations levelled at GS Partners include violation of securities laws, false claims, and omissions regarding the sale of unregistered tokenized assets to retail investors.The legal action instigated by regulators...
PancakeSwap, a leading multi-chain decentralized exchange (DEX), is branching into blockchain gaming. A newly launched initiative, the PancakeSwap Gaming Marketplace, marks the platform’s venture into the play-to-earn sector.PancakeSwap Gaming Marketplace Featured GamesTo kick off the launch, PancakeSwap is featuring two games on its marketplace—’Pancake Protectors’ and ‘Pancake Mayor’. Both...
MetaMask Web3 wallet has recently introduced a significant update targeting non-fungible tokens (NFTs). This update seeks to augment the functionality and increase the quality of the user experience connected to NFTs.A noteworthy feature of this update is an NFT-specific tab implemented within the MetaMask Wallet. By simplifying the viewing...
The NFT market is experiencing a remarkable turnaround, with sales volumes experiencing a notable surge. Despite broader market headwinds, the NFT space has not only demonstrated resilience but also hinted at a potentially bullish future. Current State of the NFT MarketAccording to blockchain analytics firm, Nansen, the NFT market has...
Smart contracts are self-executing contracts containing an agreement between two or more parties directly written into code. They represent a collection of conditions and actions that automatically execute when predetermined requirements are satisfied. By leveraging blockchain technology, smart contracts provide a secure, transparent, and decentralized approach to executing...
Leading NFT marketplace OpenSea announced it will lay off half of its workforce in a significant restructuring move. CEO Devin Finzer expressed in an X thread that this change is to direct focus on “the next version” of their product.Early Achievements and ReceptionFounded in 2017, OpenSea arrived in...
Adidas and Bugatti combine their design skills and technological advancements to auction off a limited number of football boots. This innovative auction will take place on a pioneering Web3 platform, a move that significantly underscores the intersection of fashion, technology, and the automotive industry.Just 99 pairs of these...
Backpack, a popular NFT wallet app based on the Solana blockchain, has revealed its intentions to enter the regulated cryptocurrency exchange market with the upcoming launch of Backpack Exchange. This news comes after the company recently obtained a Virtual Asset Service Provider (VASP) license from the Dubai Virtual...