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IEO News

Japanese Government Rewards Local Authorities With Non-Transferable NFTs

According to reports, the Japanese government is one of the first countries to use non-fungible tokens (NFTs) as a supplementary award to local authorities that excelled in a digitization competition. The awards were given to local authorities as recognition for their efforts in using digital technology to solve local challenges.



Bank Of Korea Calls For End To ICO Ban

The central Bank of Korea (BOK) is changing its stance on the blanket ban of domestic initial coin offerings (ICO) after having instituted it in 2017.

30 AUGUST 2022


Survey reveals most people buy NFTs ‘to make money’

Around 58% of NFT investors are yet to make a profit from the space despite the fact that most investors are in it for the money.

12 JUNE 2022


The Majority of Crypto Hedge Funds Will Go Out of Business, Predicts Galaxy Digital CEO Mike Novogratz: Report

The chief executive of crypto asset management company Galaxy Digital, Mike Novogratz, thinks the majority of crypto hedge funds could be headed toward dark days in the future.

10 JUNE 2022


Bored Ape Yacht Club Discord server breached causing 200 ETH, 32 NFTs in losses

The BAYC Community Manager has reportedly had his Discord account breached resulting in scam giveaways being posted on the official BAYC Discord.

5 JUNE 2022


LUNA 2.0 hits $30 then drops 80% in first day of trading

LUNA 2.0 began trading today and reached $30 per token before plunging 80% to just $5.30.

29 MAY 2022


Veteran Analyst Who Called 2018 Bitcoin (BTC) Meltdown Analyzes Path Ahead After ‘Puke-Out Capitulation’

Veteran trader Peter Brandt says that Bitcoin (BTC) could be on the verge of ending the downward trend that started nearly a year ago.

13 MAY 2022


South Korea Prepares To Overturn ICO Ban

Newly elected South Korean President Yoon Suk-yeol has announced the initial approval of ICO’s as part of the new government’s aim to bring cryptocurrency out of the dark.

7 MAY 2022


The Largest NFT Mint in History — Bored Ape's Otherside Virtual Land Sale Raises $320 Million

On Saturday, the creators of Bored Ape Yacht Club (BAYC), Yuga Labs, revealed the Otherside metaverse virtual land sale which turned out to be one of the largest non-fungible token (NFT) mints to date. The Otherside metaverse virtual land sale raised close to $320 million by selling 55,000 parcels of Otherside land.

1 MAY 2022


Report: Japanese Carmakers Toyota and Nissan Enter the Metaverse

Two Japanese carmakers, Nissan and Toyota, have launched operations in the metaverse. Nissan’s virtual showroom can host vehicle launches and other events, while Toyota’s workspaces are being used to hold employee meetings.

24 APRIL 2022


Snoop Dogg is bringing digital weed to the metaverse

The only thing missing from the popular mafia-themed metaverse seems to be weed.

20 APRIL 2022


Hyundai doubles down on community NFT project with Meta Kongz collaboration

Meta Kongz NFTs are the first step in Hyundai's expanding NFT universe, which in turn forms a strategy to build its Metamobility concept.

18 APRIL 2022


American Idol to roll out real-time predictive NFTs in partnership with Theta Labs

The American Idol NFT pack will go for $99, and collectors will get an NFT representing one of the top-14 contestants.

17 APRIL 2022


DeFi and Blockchain 'Are Real' - JPMorgan CEO

Wall Street investment bank JPMorgan is persuaded that decentralized finance (DeFi) and blockchain technology bring major growth potential, and is determined to remain “at the forefront of this innovation,” Jamie Dimon, the bank’s Chairman and CEO, wrote in his latest letter to the company's shareholders.

8 APRIL 2022


European Commission opens new consultation on digital euro

The commission will consult with industry specialists on issues concerning the digital euro including international payments, privacy and the impact on financial stability.

7 APRIL 2022


Man Utd Star Phil Jones Unveils Exclusive Metaverse Members Club

Manchester United defender Phil Jones has become the latest high-profile sportsperson to enter the metaverse. Jones, who has been on the club’s books since 2011, has joined forces with Web3 firm Antourage to develop an exclusive metaverse members project dubbed Red Lion Sports Club (RLSC).

6 APRIL 2022


An In-Depth Look at the 5 Most Profitable Bored Ape NFT Traders of All Time

Non-fungible tokens (NFTs) have been extremely popular during the last two years and in recent times, specific NFTs from certain collections, sell for hundreds of thousands or even millions of dollars per NFT. During the last 30 days, Bored Ape Yacht Club (BAYC) NFTs saw $257 million in sales volume. While people still question the value of NFTs, it’s also interesting to see who is purchasing the most expensive NFTs like Bored Apes and trading them regularly. The following is an in-depth look at the top five BAYC traders of all time and the millions of dollars in profits they have made.

5 APRIL 2022


Time to Appoint a ‘Minister of Web3’, Says NFT Policy-making Group of Japanese MPs

The ruling Japanese political party’s new non-fungible token (NFT) task force has recommended that the government appoints a “Web 3.0 minister.”

3 APRIL 2022


Dogecoin Founder Gives Shiba Inu Metaverse A Thumbs Down

Meme project Shiba Inu recently announced the launch of its metaverse project titled SHIB: The Metaverse. It has been a long-awaited step for the digital asset but not everyone is pleased with what the project has been doing. One of those is Dogecoin co-founder Billy Markus, who has taken to Twitter to express his displeasure with the move being made by the meme coin creators.

2 APRIL 2022


88% of Surveyed High-Net-Worth Art Collectors Interested in Buying NFTs

A whopping 88% of high-net-worth (HNW) traditional art collectors say they are interested in buying digital art in the form of NFTs, a new report on the art market for 2022 has found.

31 MARCH 2022


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