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LG is winding down its Art Lab, allowing collectors to withdraw NFTs before its closure in June. South Korean multinational electronics tycoon LG is winding down its LG Art Lab platform, a marketplace for non-fungible tokens launched to bring digital art to its premium screens. In a Thursday announcement on its official website, the company said it made the “difficult decision to close the platform” as the NFT space “continues to evolve.” Launched in 2022, Art Lab will officially shut down on June 17. To help users transition, LG outlined two ways for collectors and artists to transfer their assets. “LG Art Lab Team will automatically transfer the assets that are currently in LG Art Lab Marketplace for re-sell to collectors own wallets by April 30,” the company said, adding that users can manually move their artworks or withdraw them from the marketplace. “While this chapter is coming to an end, our passion for digital art and innovation remains strong, and we look forward to seeing how the NFT space continues to grow and evolve.” Art Lab While the company didn’t provide specifics on why it was shutting down LG Art Lab, it still hinted at shifting priorities, saying “it is the right time to shift our focus and explore new opportunities.” We are live on Ethereum!⛓️ Discover, collect, and display digital masterpieces right from your LG Smart TV First up: @Amadon His work now available on LG Art Lab Initially available only on the Hedera network, LG Art Lab later migrated to Ethereum, though it remains unclear how much that transition impacted adoption. LG says customer support for Art Lab users will be available until July 18. The move follows LG’s broader involvement in digital innovation. In 2023, the company teamed up with metaverse firms Oorbit and Pixelynx to integrate virtual experiences directly into its smart TVs. Oorbit’s technology was described as “the thread that binds virtual worlds together,” allowing LG’s smart TV users to access AI-generated multiplayer games and virtual concerts through cloud streaming. LG has not indicated whether its metaverse ambitions will continue beyond Art Lab’s closure.

Opinion Labs launches O.Lab prediction market Decentralized prediction market platform Opinion Labs announced on X the launch of its O.Lab prediction market on the Monad testnet. Previously, Opinion Labs secured $5 million in a seed round led by YZi Labs (formerly Binance Labs).

Women are demonstrably leading the charge in Web3 and crypto. They are actively spearheading leadership, technical, and strategic roles. However, a report from CCN highlights several challenges they continue to face in the sector. These challenges include limited funding access, exclusion from key networks, and biases within the industry that can still impede full participation. A study by the Boston Consulting Group and People of Crypto Lab found that only 13% of Web3 founding teams include at least one woman. Even more striking is that only 3% of teams are composed entirely of women. The report also notes that all-male teams secure nearly four times more capital than all-female teams, highlighting persistent funding disparities that make it tougher for women-led projects to compete on equal footing. For many women in the Web3 space, these figures reflect a larger trend. The crypto and blockchain sectors have traditionally been seen as male-dominated industries. As a result, access to investment and career advancement is often tied to established networks that tend to exclude women. Related: Coin Edition Exclusive: In-Depth Interview with Laura K. Inamedinova – A Leading Voice Among Top 10 Women Entrepreneurs Nevertheless, despite these challenges, many women in Web3 see the industry as a platform to reshape traditional power structures, promote inclusivity, and build a digital economy that addresses gaps left by conventional finance and tech sectors. Evin McMullen, co-founder of Privado ID, is working to drive change through technical solutions. She focuses on digital identity systems that eliminate centralized gatekeepers. McMullen believes that building scalable technical solutions to address real-world problems is a key way to attract a more diverse range of contributors. Chrissay Brinkmann, Presales Engineer at Leaseweb, views International Women’s Day as both a celebration of progress and a reminder that inclusivity requires ongoing support, mentorship, and advocacy. “International Women’s Day is an ideal time to reflect on the women who helped break down barriers and demonstrate that success should be measured by talent, hard work, and results,” Brinkmann stated. Jennifer Rojas, Customer Care Manager at Leaseweb Canada, notes the importance of mentorship in shaping future industry leaders. She stresses that inspiring young girls to pursue STEM careers is crucial for building a more inclusive blockchain and crypto sector. Related: Bitget Launches Blockchain4Her Awards to Celebrate Women in Blockchain Rojas credits the support of mentors and peers for guiding her journey. She reinforced the need for strong professional networks that provide opportunities for women in blockchain and tech. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

Gold, one of the most sought-after hard assets, may once again become part of the global payment system. According to local reports, Russia will be piloting the use of digital gold assets for international settlements as a way to reduce its dependence on foreign currency and payment systems. These digital gold assets are blockchain-based tokens whose value is pegged to the price of gold in international markets and backed by real gold stored in vaults. The pilot, which is intended solely for testing purposes, includes the purchase of digital gold assets for rubles and a subsequent repayment scheduled for May 2025. According to Capital Lab partner Evgeny Shatov, this would be the first time these assets are used to settle international payments, opening the door to further experimentation. The allure of using gold as a payment tool, as a hard asset, would provide a volatility buffer for the parties involved in the transaction. Nonetheless, Shatov recognized that there are still cons linked to this method. “The prospects for the development of international settlements using ‘gold’ digital financial instruments look promising, but are associated with a number of risks and challenges,” he detailed. Gold settlements might also be part of an upcoming BRICS payment system, that Brazil has committed to develop during the period of its presidency at the bloc. Economists like Jim Rickards have remarked on the role of gold as a commodity currency for BRICS countries. Digital gold would serve the same purposes but the need for ordering constant international deliveries of the precious metal. Read more: Economist Jim Rickards States BRICS Currency Will Leverage Gold to ‘Destroy the Dollar’ Recently, gold has been in the mainstream due to its strong price performance and the increase in deliveries to the U.S. as investors are trying to cover for a possible total tariff scenario. Read more: Tariff Watch: New York Becomes the World’s Gold Vault 免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。

The board of directors of medical technology company BioNexus Gene Lab has approved a treasury strategy centered on Ethereum (ETH), claiming to be the first Nasdaq-listed company focused on Ethereum.