Sora Ventures launches $150 million fund to emulate MicroStrategy’s Bitcoin strategy across Asia

Sora Ventures has launched a $150 million fund aimed at advancing Bitcoin-focused treasury strategies among listed companies across Asia. The fund seeks to replicate the MicroStrategy model, leveraging Bitcoin as a primary reserve asset to optimize financial strategies and enhance stakeholder value. The fund will target companies listed on major stock exchanges in Japan, Hong The post Sora Ventures launches $150 million fund to emulate MicroStrategy’s Bitcoin strategy across Asia appeared first on CryptoSlate.

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Standard Chartered calls stablecoins crypto’s first ‘killer app’

According to a Standard Chartered report, stablecoins are shifting from initial use in crypto exchanges to broader applications in global finance. The study indicates that stablecoins are increasingly used for purposes akin to traditional finance, such as saving and transacting in U.S. dollars and facilitating cross-border payments. Standard Chartered comments on how stablecoins’ dominant use The post Standard Chartered calls stablecoins crypto’s first ‘killer app’ appeared first on CryptoSlate.

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Epic Games hit Off The Grid wins Game of the Year at first live 2024 GAM3 Awards

Off The Grid secured the Game of the Year award at the 2024 GAM3 Awards, held live for the first time in Manila on Nov.22. Developed by Gunzilla Games, the Web3-enabled, free-to-play, third-person battle royale game also won awards for Best Shooter Game, Best Multiplayer Game, and Best Action Game, marking a significant achievement in The post Epic Games hit Off The Grid wins Game of the Year at first live 2024 GAM3 Awards appeared first on CryptoSlate.

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FCA to wait till 2026 to launch official crypto policy with 12% of UK owning digital assets

Crypto ownership in the UK has increased to 12% of adults, up from 10%, according to the Financial Conduct Authority’s (FCA) latest research published on Nov. 26. Awareness of cryptocurrencies also grew, reaching 93% of the adult population. The FCA’s study revealed that the average value of crypto holdings per person rose from £1,595 to The post FCA to wait till 2026 to launch official crypto policy with 12% of UK owning digital assets appeared first on CryptoSlate.

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Solana memecoins turn to NSFW content as Pump Fun livestreams resemble adult webcam site

Pump.fun, the decentralized memecoin generation and promotion platform on Solana, is experiencing a rise in live-streaming NSFW content as memecoin creators incorporate adult-themed material into their tokens. The platform, launched in Jan. 2024, enables users without coding skills to create and trade memecoins swiftly, contributing to its rapid growth. Per a CryptoSlate analysis, creators on The post Solana memecoins turn to NSFW content as Pump Fun livestreams resemble adult webcam site appeared first on CryptoSlate.

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