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Magnetic Engine, a commercial marketing service platform owned by Kuaishou, and Mints, a Chinese digital collection platform, launched Kuaishou's first NFT digital collection called "Magnetic Engine Influencers" on Wednesday.
On September 8, fintech giant Ant Group's digital collection platform Jingtan officially launched an "entity customization" function, allowing users to customize some digital collections into derivative objects.
Rivtower Technology, a blockchain infrastructure development and service enterprise, announced on July 15 that it had completed a Pre-B round of financing worth several millions of yuan, led by Security Capital.
Crypto exchange Huobi Global launched a refreshed branding strategy on November 22, under which it will now simply be known as "Huobi." The brand upgrade also came with the unveiling of a global expansion roadmap since it was acquired by About Capital Buyout Fund last month.
Bitcoin's market cap now stands at $379.39 billion, down 7.52% in the past seven days and overtaken by Chinese tech giant Tencent, as its price continues to fall, according to 8MarketCap.
Crypto giant Binance said on November 8 that it has signed a non-binding letter of intent to fully acquire its rival FTX, helping to cover a liquidity crunch. Binance was the first investor to back FTX.
Chinese artist Huang Yuxing’s Meta-morphic genesis NFT collection serves to share more closely his thought process and the power of his art. The collection is fully supported by LiveArt.
News emerged on July 20 that Huanhe, a digital collection trading platform owned by Chinese tech giant Tencent, will be abolished this week.
Chinese recruitment platform Zhaopin released its 2022 Talent Development Report on the Metaverse Industry on September 26. The document points out that from January to July, the number of jobs related to the metaverse on the platform increased by 16.6% year-on-year.
Various blockchain projects with unclear entanglements in virtual currency reportedly served as the revenue pillars for Amazon Cloud Services (AWS) in China. Amazon China was using a well-designed system to hide these projects under the guise of AWS.
STEPVR, a VR technology service company, released Gates01, its first entry-level product for the metaverse on Thursday.
Video game retailer GameStop announced on September 7 that it has entered into a partnership with FTX US, one of the biggest cryptocurrency exchanges. GameStop's shares, which are down 35% this year, rose 11% in extended trading.