Wemade's $41 Million Tax Challenge Following $100 Million Web3 Fund Launch

Graphic illustrating Wemade's financial challenge with a tax bill and their recent Web3 fund partnership with Whampoa Group.

WEB 3.0

Wemade Faces $41M Tax Liability Amidst $100M Web3 Venture

January 3, 2024

South Korean gaming giant Wemade, known for its $100 million Web3 fund, now confronts a $41 million tax liability linked ...

Illustration of the cNGN stablecoin representing Nigeria's foray into digital currency.

Regulation

SEC’s Stringent Crypto License Requirements Impede Growth of Nigerian Exchanges

December 31, 2023

Nigeria's SEC crypto license demands could hinder local cryptocurrency exchanges, despite the CBN's recent ban lift on cryptocurrency transactions.

Ethereum symbol with financial graphs representing ETF and staking concepts

WEB 3.0

Hong Kong’s ZA Bank Dives into Crypto Trading for Retail Traders

December 25, 2023

ZA Bank, a leader in Hong Kong's digital banking, is set to offer crypto trading with fiat for retail customers, ...

Trezor Safe 3 and Model T now supporting Solana (SOL) and SPL Tokens.

WEB 3.0

Trezor Expands Support: Solana and SPL Tokens Now Compatible with Hardware Wallets

December 20, 2023

Trezor elevates crypto security by adding SOL and SPL tokens to its list of supported assets, catering to the rising ...

Graphic of SHIB Token with Trend Lines, Indicating Market Volatility.

Altcoins

Shiba Inu Embarks on a Digital Leap with Launch of Exclusive ‘.shib’ Domain for Token Holders

December 20, 2023

Shiba Inu's groundbreaking ‘.shib’ domain promises a unique integration of Web2 and Web3, revolutionizing how SHIB holders navigate the digital ...

WEB 3.0

Improbable Sells Gaming Venture for $97M, Unveils Bold 2024 Metaverse Predictions

December 18, 2023

Improbable announces the sale of The Multiplayer Group to Keywords Studios for $97M, revealing ambitious plans and predictions for the ...

Illustration of Polemos' innovative blockchain gaming model, showcasing in-game asset rentals and cryptocurrency transactions.

WEB 3.0

Web3 Firm Revolutionizes In-Game Asset Rentals for Crypto Profits

December 15, 2023

Explore how Polemos is setting the stage for gamers and developers to rent in-game assets for crypto, heralding a new ...

WEB 3.0

Immutable’s zkEVM to Eliminate Web3 Gaming Gas Fees

December 14, 2023

Immutable's zkEVM is set to eliminate gas fees, offering frictionless gaming experiences, and fostering wider adoption of blockchain technology.

A futuristic visual representation of Line Next's global NFT marketplace, DOSI, set to revolutionize the Web3 landscape.

WEB 3.0

Line Messenger’s NFT Arm Secures $140 Million Boost for Web3 Expansion

December 13, 2023

Line Next gathers $140M for DOSI, a global Web3 NFT marketplace launching in early 2024. Explore the venture's plans for ...

View of Dubai skyline symbolizing UAE’s growing crypto and blockchain industry

WEB 3.0

Dubai Grants Conditional Crypto License to Climate-Friendly Web3 Firm AYA

December 12, 2023

Dubai's VARA grants conditional crypto license to Enjinstarter's AYA for climate-focused Web3 services. Approval pending fulfillment of specified conditions.

Tag: Web3

Wemade Faces $41M Tax Liability Amidst $100M Web3 Venture

SEC’s Stringent Crypto License Requirements Impede Growth of Nigerian Exchanges

Hong Kong’s ZA Bank Dives into Crypto Trading for Retail Traders

Trezor Expands Support: Solana and SPL Tokens Now Compatible with Hardware Wallets

Shiba Inu Embarks on a Digital Leap with Launch of Exclusive ‘.shib’ Domain for Token Holders

Improbable Sells Gaming Venture for $97M, Unveils Bold 2024 Metaverse Predictions

Web3 Firm Revolutionizes In-Game Asset Rentals for Crypto Profits

Immutable’s zkEVM to Eliminate Web3 Gaming Gas Fees

Line Messenger’s NFT Arm Secures $140 Million Boost for Web3 Expansion

Dubai Grants Conditional Crypto License to Climate-Friendly Web3 Firm AYA

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