Emma Davis

Emma Davis is a highly skilled and experienced crypto writer with a passion for all things blockchain and cryptocurrency. With years of experience writing about the latest trends, news, and innovations in the crypto world, Emma has established herself as one of the best crypto journalists.

Articles by Emma Davis

Walt Disney is refocusing its priorities and is no longer pursuing Metaverse strategies

Disney Shuts Down Metaverse Division in Major Restructuring Move

1 year ago 1 min read

Walt Disney is refocusing its priorities and is no longer pursuing Metaverse strategies, according to reports. The entertainment giant is eliminating its entire “next-generation storytelling and consumer experiences” division, which had almost 50 members, as part of its restructuring plan. The head of the Metaverse division, Mike White, has been promoted to SVP of consumer experiences and platforms, but it is unclear in what capacity he will function in the future. Disney’s move comes as the company seeks to make $5.5 billion in cuts and reduce its headcount by nearly 7,000 across the company over the next two months. Reports

around 51,000 Ether worth over $89 million was sent from the Euler Finance hacker's address back

Hacker Returns Portion of Stolen Funds to Euler Finance

1 year ago 2 mins read

The Euler Finance exploit has been making headlines for the past few weeks, with each passing day bringing more drama to the biggest decentralized finance hack of 2023. However, there is some good news as more than 50% of the stolen funds have been returned as per the latest update. On 25 March, around 51,000 Ether worth over $89 million was sent from the Euler Finance hacker’s address back to the deployer address, and a second transfer of 7737 ETH, equating to about $13 million, was carried out by the exploiter hours later. This news is a significant relief to

ony's Patent Reveals Plans for NFT Transfers Between Games

Sony Explores Cross-Platform NFT Transfers with New Patent

1 year ago 1 min read

Sony Interactive Entertainment, the powerhouse behind the PlayStation brand, has filed a patent for a new framework that could revolutionize the way nonfungible tokens (NFTs) are used in gaming. With a history of interest in the crypto industry, the company’s latest move highlights the potential for integrating NFTs into gameplay across multiple platforms. The patent, titled “NFT framework for transferring and using digital assets between game platforms,” outlines Sony’s plan to enable users to transfer and utilize NFTs in different games. This would allow NFTs to represent skins and other in-game functionalities, enhancing the gaming experience for players. The abstract

Another Weekend of Turbulence Looms for European Banks as Default Risks Soar

European Banks Face Another Weekend of Instability as Default Risks Rise

1 year ago 2 mins read

European banks are bracing for another weekend of uncertainty as the cost of insuring against their potential default risk continues to rise. Shares of Deutsche Bank fell over 7% on the New York Stock Exchange on March 24 after a down day on Frankfurt’s markets. The German bank’s five-year credit default swaps (CDS) climbed 19 basis points from the previous day, closing at 222 bps, according to Reuters, citing S&P Global Market Intelligence data. Credit default swaps allow investors to swap or offset their credit risk with another investor, and are often used by lenders concerned about a borrower’s default

Zipmex cryptocurrency exchange is facing a potential setback in its US$100 million

US$100 Million Zipmex Acquisition at Risk as Buyer Fails to Make Payment: Report

1 year ago 1 min read

Zipmex cryptocurrency exchange is facing a potential setback in its US$100 million venture capital buyout. The buyer, V Ventures, reportedly missed a US$1.25 million payment that was due on March 23, according to a report from Bloomberg. The missed payment has put the acquisition in jeopardy, and Zipmex has been forced to take drastic measures in order to secure the necessary funds. In a letter seen by Bloomberg, the exchange revealed that it may have to liquidate its technology unit, Zipmex Technology, and suspend the division’s payroll unless it receives the funds. Zipmex has been working on a restructuring plan

Coinbase Receives Wells Notice from SEC Over Undisclosed Digital Assets

Coinbase Receives Wells Notice from SEC, Could Face Enforcement Action

1 year ago 1 min read

Coinbase crypto exchange has announced that it has received a Wells Notice from the US Securities and Exchange Commission (SEC). The notice warns that the regulatory body may take enforcement action against the exchange after conducting a brief investigation into undisclosed digital assets listed on Coinbase and its staking services. Despite the notice, Coinbase’s products and services will continue to operate as usual, and the company claims that the SEC has provided little information on the potential violations of securities laws. Coinbase states that it has repeatedly asked the SEC to clarify which assets on its platform may be considered