The leading blockchain gaming group Animoca Brands plans to form a $2 billion metaverse-focused fund. The primary purpose of these funds is to develop the ecosystem for web3 and boost metaverse businesses. Investors in Animoca include the Singaporean state fund Temasek, the American investment firm GGV Capital, and the South…

Popular messaging app Telegram is planning to roll out decentralized tools such as non-custodial crypto wallets and decentralized exchanges, announced Telegram CEO Pavel Durov. https://twitter.com/durov/status/1598002700586975232?ref_src=twsrc%5Etfw By launching this effort, Telegram’s primary goal is to provide users of cryptocurrencies with the resources necessary to make the transition to trustless transactions…

Luxury car dealer Exclusive Automotive Group (EAG) announced it partnered with payment service provider BitPay to accept crypto payments for its goods and services and attract new customers. https://twitter.com/BitPay/status/1597757361501913090?ref_src=twsrc%5Etfw [caption id=”attachment_35595" align=”alignnone” width=”2560"] Exclusive Automotive Group to Accept Crypto Payments via BitPay[/caption]

Global cryptocurrency exchange Binance is expanding into the Japanese market by acquiring Sakura Exchange BitCoin (SEBC), the Japanese-registered crypto exchange service provider. https://twitter.com/binance/status/1597867001208197120?ref_src=twsrc%5Etfw SEBC, situated in Tokyo, is a cryptocurrency exchange that is registered with the JFSA and provides its clients with consultancy services as well as brokerage services.

The Central Bank of Indonesia has launched a whitepaper on digital currency for the Rupiah. This decision was made as Indonesia has seen a rapid increase in digital transactions since 2020. https://twitter.com/bank_indonesia/status/1597857547796762625?ref_src=twsrc%5Etfw The dissemination of this Working Paper marks the beginning of the “Garuda Project,” which is a project…

Indian central bank, the Reserve Bank of India (RBI), announces the launch of the first pilot for retail CBDC on December 01, 2022. The first phase of the pilot will begin with four banks: State Bank of India, ICICI Bank, Yes Bank, and IDFC First Bank in four cities. https://twitter.com/RBI/status/1597530998019088385?ref_src=twsrc%5Etfw

The leading decentralized exchange (DEX) Uniswap has launched an NFT marketplace aggregator to deliver better prices, faster indexing, safer smart contracts, and efficient execution. Now, users can trade NFTs across multiple marketplaces to find more listings and better prices in one interface. https://twitter.com/Uniswap/status/1597953698449494022?ref_src=twsrc%5Etfw An open-sourced Universal Router contract serves…

One of the major cryptocurrency exchanges, Kraken, is said to be laying off thirty percent of its staff, which amounts to one thousand and one hundred employees. …

A popular Bitcoin self-custody firm Casa is adding Ethereum support to its platform with an aim of achieving digital autonomy. Casa intends to help customers own, secure, and manage their assets and investments with ease. https://twitter.com/CasaHODL/status/1597954403994021888?ref_src=twsrc%5Etfw The goal is to make it easier for members to participate while still…