Sir Jon Cunliffe, leading the Bank of England in its financial stability mission as the bank’s Dy. Governor, called upon lawmakers and regulatory authorities. He wanted to provide and implement strict regulations concerning digital currencies. He was of the view that for avoiding any potential ‘crypto shock’, the UK needs to lay down tighter regulatory … Read more
On Monday, Starbucks made an announcement through its website for the entire Starbucks community. In the post, Starbucks announced that their customers will be able to enjoy coffee as well as gain the opportunity of earning digital items. Starbucks to Offer Digital Stamps According to the officials at Starbucks, they want to offer their customers … Read more
Through his Web3 firm (FZE), Calvin Cheng will invest in projects that enable the integration of fashion, media, and entertainment into crypto. Dubai virtual asset regulatory authority (VARA) approved a provisional VASP license for Cheng’s FZE. VARA is the first regulator for digital assets globally. VARA is key to Dubai’s move towards accomplishing an economy … Read more
OpenSea (a prominent marketplace for NFT) underwent a server hack on its chief Discord channel and the hackers posted false declarations of collaboration with YouTube. On Friday, a posted screenshot presented the news of the fake collaboration, along with a link directing to a phishing site. The formal Twitter account of OpenSea Support posted a … Read more
On Monday, VanEck announced the launch of the VanEck community NFT, an initiative where crypto investors and anyone curious about the NFT space can join the firm’s crypto community. As part of the launch, 1,000 VanEck NFTs would be released to demonstrate the actual utility of NFTs. The asset management firm is convinced that a … Read more
The NFT (non-fungible token) marketplace of Coinbase (the leading crypto exchange) has witnessed its beta launch up to six months following the firm declared its strategy to initiate a waitlist for its official site. As per a blog post on Wednesday, the crypto exchange stated that the Coinbase NFT’s beta testers would potentially establish online … Read more
Various economic factors and security issues from early this year have negatively impacted the blockchain games market like the rest of the crypto market. Blockchain Games’ Performance In The Last 12 Months However, new data reveal that the performance of blockchain games in the last 12 months has been hugely impressive. A DAppRadar data revealed … Read more
Massive hard wallet supplying firm, ledger is recently introduced a new wallet named Nano S Plus, that is favored towards non-fungible tokens (NFTs). Global hard wallet supplier, Ledger has now shined a brand-new wallet named, Nano S Plus which is specially geared towards providing NFT Collectors the features and security they require to store their … Read more
Favoring the potential of Cardano, American Rap Legend, Snoop Dogg has decided to Introduce his own NFT collection on the Cardano network, scheduled to be launched on the 5th of April. Snoop Dogg and NFTs Although it isn’t the first time that the rap legend, Snoop Dogg has worked on cryptocurrency-based projects, but this time … Read more
A Japanese NFT committee has submitted the report of its research. Part of its submission was a suggestion for the government to appoint a Web3 minister. Developing A Properly Regulated NFT Space In Japan In their submission, the NFT committee opined that a Web3 minister would control all activities going on in that space. Thus, … Read more
OpenSea – the most prominent marketplace of NFTs – has declared approaching incorporation of support for SOL (Solana) blockchain on the venue, which counts to be a long-awaited step that, according to the suggestion of numerical data and industry experts, could provide reciprocal advantages throughout both ecosystems, along with the positive sentiments in terms of … Read more
The DOJ (Department of Justice) has taken measures against an accused rug pull of NFTs (non-fungible tokens) following it whacked the founders of an NFT project called Frosties with allegations taking account of money laundering as well scam. The duo founders have been charged with purposefully hiding the identities to execute the rug pull on … Read more
Famous social media venues, as well as internet companies from China, have made updates on their policy by restricting or removing the NFT (non-fungible token) venues, referring to the deficiency in regulatory transparency along with the fear that the government would execute a crackdown on doing this. WeChat, a well-known Chinese social media company has … Read more
NFT startup (Unblocked), German GT driver Laura-Marie Geissler (LMG), and creative agency Amsterdam Berlin have collaborated to launch a motorsport team – the first of such anywhere worldwide. Aptly called LMG using Geissler’s initials, only NFT sales would be used to sponsor the driver’s race season without any funding from external sponsors. Hence, her fans … Read more
Notwithstanding the decline in the prices of NFTs (non-fungible tokens), the play-to-earn type of NFT gaming is moving ahead as a lot of people witness its potential to provide a living. A survey which was organized in the Philippines brought out that cumulative respondents’ 32 percent proportion mentioned to exit the job or consider about … Read more
Mark Zuckerberg – the CEO of Meta – has disclosed that the photo and video sharing application thereof (Instagram) is getting ready to integrate NFTs (non-fungible tokens) on the venue. He stated while appearing in an Austin-based conference of South by Southwest, that they are operating on the NFT inclusion into Instagram which would be … Read more
One of Dogecoin’s founders, Billy Markus, tweeted that BAYC’s Apecoin launch will negatively impact the crypto market space. Markus’ Reasons For Criticizing The Apecoin Launch Markus opined that he doesn’t support BAYC’s Apecoin launch because newly launched tokens usually spark toxicity in the crypto market space and, in this case, the NFT space. Part of … Read more
Later this month, Time magazine’s first decentralized magazine issue will be released as an NFT. Time magazine is a famous media brand with millions of user base. This first decentralized issue features Vitalik Buterin, his vision for Ethereum, and his concerns about the crypto market. This Issue Focuses On Ethereum Founder Time will produce this … Read more
NFTs (non-fungible tokens) and digital assets are included in the ten prominent trends across the industry of sports, as per a report from Price Waterhouse Coopers (PwC) regarding North America. While discussing the things like the modification of the infrastructure related to sports technology as well as making enhancements to consumer engagement, the report mentions … Read more
There are unconfirmed reports that the proposed partnership between BAYC and Animoca brands will need KYC registration. Many NFT players have condemned the idea and even stated that they might not comply with such a directive. A Hint About The KYC Measures Many were alerted about the possible KYC registration after the official Twitter handle … Read more
