Daily Web3 Headlines You Need To Know

13 September #NFT #Developers #DeFi & Trading #Policy&Law

🖼 NFT

Starbucks details its blockchain-based loyalty platform and NFT community, Starbucks Odyssey
Starbucks is today officially introducing Starbucks Odyssey, launching later this year — the coffee chain’s first foray into building with web3 technology. The new experience combines the company’s successful Starbucks Rewards loyalty program with an NFT platform, allowing its customers to both earn and purchase digital assets that unlock exclusive experiences and rewards…(Read More)

Ubisoft cools off on NFTs and blockchain, says it’s in ‘research mode’
Yves Guillemot, the CEO of French gaming giant Ubisoft appears to have cooled the rhetoric behind the company’s NFT gaming project Quartz, noting in a recent interview that it was merely in “research mode” concerning Web3 tech integrations. It’s a relatively different take from other Ubisoft execs in the past, including chief financial officer Frédérick Duguet who in October stated that blockchain integrations will enable users to own and earn content…(Read More)

Movie + NFT, a New Entertainment Paradigm Jointly Offered by TXPC (Shanghai) Network Technologies and Art Tokyo Global
TXPC (Shanghai) Network Technologies Co., Ltd (TXPC) and the Singapore-based company, Art Tokyo Global Pte Ltd (ATG), entered into a cooperation agreement. Under this agreement, both companies will jointly market the first ever “Immersive NFT Art Film” SHIP produced by ATG, distribute the digital collectibles shown in the film, and collaborate on other strategic activities in combining movies and the Metaverse/NFTs in China. The SHIP film is revolutionary in delivering interactivity to enable movie lovers to interact with the film at cinemas or in their homes…(Read More)

🔗 Developers

Near Foundation Introduces a $100 Million Fund Dedicated to Web 3 Developers (Report)
Near Foundation — the Swiss non-profit that oversees the development of Near Protocol — reportedly partnered with the VC firm Caerus Ventures to launch a $100M venture capital fund and venture lab. The main goal will be to support engineers, builders, and developers who work in the emerging Web 3 sector…(Read More)

XRP Network Will Play Central Role in Future CBDC System, Says Macro Expert Raoul Pal
Former Goldman Sachs executive Raoul Pal says that the XRP network could play a big role in a potential future central bank digital currency (CBDC) based economy. In a new ask me anything (AMA) session, the Real Vision CEO says that the XRP Ledger (XRPL) has built a solid foundation by actually being heavily used rather than just attracting speculative fervor…(Read More)

📈 DeFi & Trading

Dogecoin price analysis: DOGE rejects upside again, ready to break below $0.0625?
Dogecoin price analysis is bearish today as we have seen failure to move even higher and resistance found at $0.065. Therefore, DOGE/USD is ready to continue lower and break past the $0.0625 support. The market has traded mostly in the red over the last 24 hours. The leader, Bitcoin, gained 2.5 percent, while Ethereum lost 3.62 percent. Meanwhile, most of the top altcoins followed close by…(Read More)

How decentralized data lakes solve Web3 scaling
KYVE is the first of its kind decentralized data validation protocol that is built on an existing data storage. Leveraging its decentralized protocol to upload data on Arweave, KYVE acts like a validation layer to ensure files uploaded to decentralized storage match the original ones…(Read More)

Terra Luna (LUNA) Price Surge- Will LUNA Reach $10 Mark Again?
2021 was the best year for Terra Luna as the LUNA coin managed to reach incredible highs. But the happiness (for the developers and investors) was short-lived as it almost lost 100% of its market cap in the 2022 May crash. Popularly known as the Luna crash, it has been one of the worst hits to date in the crypto market. The fall of LUNA made people lose trust in other assets as well, triggering a market-wide crash…(Read More)

⚖️ Policy & Law

Bank of Canada: Bitcoin Is “Deeply Flawed” As Payment Method — “Except for Illicit Transactions”
In a speech delivered on February 10th, Lane addressed the concept of a central bank digital currency (CBDC) for the country, the preparation for which has been accelerated by last year’s pandemic and its accompanying shift towards digital payments…(Read More)

Charles III in favor of blockchain
The new King of the United Kingdom of Great Britain and Northern Ireland, Charles III, seems to be in favor of blockchain. Although he never seems to have spoken on the subject during an official speech, the then Prince of Wales and heir to the throne in 2019 publicly called blockchain “an interesting development.” …(Read More)

🔥 Events

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