Elon Musk allegedly spends 549 ETH on a Bored Ape NFT
Derek.eth, a collector of non-fungible tokens (NFTs), has claimed that he sold his Bored Ape NFT to Tesla’s CEO, Elon Musk. Bored Ape is one of the most valuable and…
Wyoming’s state stablecoin: Another brick in the wall?
Stablecoins are another piece in the puzzle, like DAOs or digital identity. “And if we don’t have it just right at first, we’ll fix it.” For a state with a…
Apple Pay to halt support for Russian banks sanctioned on war in Ukraine
Russians cashed out over $1.3 billion from banks on the first day of Russia’s invasion of Ukraine, the largest amount since the onset of COVID-19. Several Russian banks that were…
Bitcoin investors ‘buy the dip’ as BTC nears $40K, gaining 16% in less than 24 hours
The number of Bitcoin addresses holding small quantities of BTC continues to increase. Buyers returned to the Bitcoin (BTC) market, locating interim upside opportunities as the price rebounded to nearly…
Penalties and extra time: The scoreboard for soccer club crypto deals
Despite Turkish government regulations having hamstrung Bitci’s soccer sponsorship deals, footballing crypto companies already have home-field advantage. The world’s most popular sport suffered an own-goal as European clubs canceled their…
BNY Mellon plans to launch digital asset custody platform later this year
The investment bank reportedly said it will begin with the United States and then expand worldwide based on market demand. BNY Mellon, a major investment bank, is developing a digital…
OpenSea disables features temporarily as contract migration completes
Bids and purchases are made unavailable to ensure that listings are protected until the migration completes. The week-long period that OpenSea gave users to migrate their nonfungible token (NFT) listings…
Senator Ted Cruz invokes Canadian unrest to advocate for Bitcoin again
Cruz has joined the growing list of American politicians who have been advocating for Bitcoin adoption in the United States. Senator Ted Cruz during his Conservative Political Action Conference (CPAC)…
Ukraine Bitcoin exchange volume spikes 200% as Russia war sparks currency concerns
Kuna, a long-running native crypto exchange, sees a swift change in client activity amid currency controls and the hryvnia at all-time lows. Bitcoin (BTC) and altcoin trading volumes have surged…
Zilliqa (ZIL) Incorporates the ZRC-7 Standard to Benefit NFTs
The team at Zilliqa has incorporated the ZRC-7 standard for NFTs ZRC-7 standardizes the structure of NFT metadata to provide a simpler experience for NFT creators It provides a unified…
Officials Attend First Lecture on NFTs at Major Turkish University
Ankara University has become the first higher education institution in Turkey to organize a course on non-fungible tokens (NFTs). The freshly-launched lecture has been attended by high-ranking government officials, local…
Sotheby’s Cancels Cryptopunks NFT Auction After Consignor ‘Decided to Hodl’ Collectibles
On February 8, the multinational luxury auction company Sotheby’s announced the firm would be auctioning 104 Cryptopunk non-fungible token (NFT) collectibles, but before the event started Sotheby’s canceled the event.…
NoVa Battles: A Play to Earn Mobile Game That’s Building It’s Own Universe
PRESS RELEASE. NoVa Battles is a PlayToEarn mobile MOBA game developed with the core focus on implementing blockchain technology. The company started conceptualizing the prospect of a blockchain game back…
Is Gold a good investment in 2022?
Both the crypto and commodities markets appear to be reacting well in response to US president’s Biden speech after day one of the Ukraine-Russia crisis. The Gold price is now…
Block nets $1.18B Q4 gross profit marking a 47% YoY increase
In total, Block generated $4.42 billion worth of gross profit in 2021 marking a total YoY growth of 62%, however, net profit totaled just $77 million. Crypto-friendly digital payments tech…