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China to Launch ‘Digital Asset Trading Platform,’ Media Report Unveils


A marketplace for digital assets is soon going to open in China under a public-private partnership, local media revealed. According to the report, the goal is to establish a regulated trading platform for digital collectibles as part of government efforts to curb market speculation with such...

Japan Poised to Lift Ban on Non-domestic Stablecoins


Japan’s top financial regulator is set to do away with a long-standing ban on the distribution of foreign firm-issued stablecoins. Per Nikkei, the Financial Services Agency (FSA), the regulator that polices the crypto sector, will make the move “as early as next year.” But the body added that...

2 NFT Projects Plan to Transition From Solana to Alternative Blockchains


Two prominent Solana projects have announced they are transitioning over to new blockchains. The non-fungible token (NFT) venture Degods detailed it will be moving to the Ethereum chain and the Y00ts NFT team detailed it is moving to Polygon. Both teams said the transitions will take place in 2023....

Bitcoin Miner Greenidge Enters Non-Binding Debt Restructuring Deal With NYDIG


The bitcoin mining operation Greenidge Generation Holdings Inc. has executed a restructuring deal with NYDIG, according to an announcement published on Tuesday. According to the non-binding term sheet agreement, NYDIG will obtain 2.8 exahash per second (EH/s) of Greenidge’s mining capacity...

The Need for Cross-chain NFTs in a Multichain Ecosystem


Ramani Ramachandran is the CEO and Co-Founder of Router Protocol and Dfyn Network.__________  For a multichain ecosystem to thrive and crypto to evolve, cross-chain non-fungible tokens (NFTs) are a must.... Read More: The Need for Cross-chain NFTs in a Multichain Ecosystem

Russian Social Media Giant Vkontakte Launches NFT Service


Russia’s largest social network, Vkontakte, has launched a feature allowing users to upload digital collectibles to the platform. Account holders will also be able to buy and sell them in the future as the company intends to establish a marketplace for non-fungible tokens. Vkontakte Users...

NFT Sales This Week Jumped 27% Higher, Cryptopunks Rise Above Bored Apes


On Dec. 14, 2022, statistics show that non-fungible token (NFT) sales jumped 27.72% higher than NFT sales recorded last week. The Bored Ape Yacht Club (BAYC) NFT collection captured the most sales this week but on Wednesday afternoon, the floor value tied to Cryptopunks once again jumped above...

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