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YouTube’s New CEO Neal Mohan Is Optimistic About NFTs and the Metaverse – What Does This Mean for the Crypto Industry?
20.2.2023
YouTube’s new CEO Neal Mohan has expressed optimism about the integration of new technologies into the video sharing platform, including NFTs, metaverse, and blockchain.
Mohan, who has recently replaced Susan Wojcicki as the new CEO of YouTube, said Web3 "opens up new opportunities for creators."...
What is a supernet, and how does it work?
20.2.2023
A supernet or umbrella network combines multiple smaller networks or blockchains into one larger network
Helium to Fully Migrate to Solana Blockchain by March 27
20.2.2023
This upgrade will encompass all wallets, Hotspots, and Helium Network state, and will take place over a 24-hour transition period on the decided date
'Unworkable' bill to ban blockchain immutability is introduced in Illinois
20.2.2023
Florida-based lawyer Drew Hinkes described the bill as “the most unworkable state law” related to blockchain and cryptocurrency that he has ever seen
Nearly 3 Billion BUSD Stablecoins Have Been Removed From the Market in 6 Days
20.2.2023
Six days ago, a few hours before the blockchain infrastructure platform Paxos announced it would no longer mint BUSD stablecoins, $2.86 billion worth of BUSD were redeemed. Currently, Binance is the most active exchange trading BUSD tokens, and the stablecoin still commands roughly 10.7% of...
FTX Warns Community of Phony ‘Debt Tokens’ and Scams Claiming to Be Affiliated With the Bankrupt Exchange
19.2.2023
On Friday, debtors who control the official FTX Twitter account warned the community to “be on alert for scams from entities claiming to be affiliated with FTX.” They also noted that neither FTX debtors nor any entity related to the company has issued any IOU crypto assets...
Bitcoin Continues to Record Blocks Above the 3.75 MB Range as Ordinal Inscriptions Near 150,000
19.2.2023
As Ordinal inscriptions approach the 150,000 mark, blocks larger than 3 MB have become commonplace, with many blocks near the 4 MB range. Meanwhile, after the average transaction fee on-chain rose 122% higher at the beginning of February 2023, the average fee has remained the same over the last...
San Francisco Fed is Seeking CBDC Developer as More Countries Join the Race
19.2.2023
The Federal Reserve Bank of San Francisco has announced a vacancy for a CBDC developer as the federal bank aims to explore the cost and benefits of the potential technologies for central bank digital currencies.
The San Francisco Fed posted a job opening titled “senior application developer...
Metaverse, AI, and Liquid Staking Tokens Lead Year-to-Date Crypto Asset Gains Among Top 125
19.2.2023
In 2023, the leading crypto assets, such as bitcoin and ethereum, have captured decent gains. Bitcoin has increased 17.2% over the last 30 days, and ethereum has risen 9.3% in the same timeframe. However, year-to-date statistics show that bitcoin is down 38.3%, and ethereum has lost 39.3% against...
Sony and Astar Network Launch Web3 Incubation Program for NFT and DAO-Focused Projects
19.2.2023
On Feb. 17, 2023, Tokyo-based Sony Network Communications announced that it is co-hosting a Web3 incubation program with the multichain smart contract platform Astar Network. The program has started accepting applications, and Sony and Astar will jointly mentor Web3 projects “focused on...
NFT Sales Surge Over 43% in Past Week, Topping $397 Million
18.2.2023
Sales of non-fungible token (NFT) assets over the last seven days rose 43.97% compared to the previous week, according to statistics recorded on Feb. 18, 2023. The volume of NFT sales reached $397.86 million this week, with 345,716 NFT buyers and roughly 1.62 million transactions. NFT Sales...
Crypto Industry Spent Record $21M on Lobbying Last Year - Coinbase Leads the List
18.2.2023
Crypto companies spent a record $21.55 million in 2022 on Washington lobbying, with major cryptocurrency exchange Coinbase leading the list.
Last year's spending was more than double the crypto industry’s lobbying outlay of $8.29 million for 2021, according to an analysis of disclosures...
No businesses are for sale, says Blockchain.com
18.2.2023
Financial services firm Blockchain.com doesn't deny recent efforts to raise capital, but disputes claims about selling assets
How the Ordinals movement will benefit the Bitcoin blockchain
18.2.2023
The increasing popularity of Bitcoin NFTs, or Ordinals, will impact posively the security of the Bitcoin network and attract developers to the ecosystem, according to Ordinals proponent Udi Wertheimer
FTX Scandal Deepens: Sam Bankman-Fried's Right-Hand Man Nishad Singh to Plead Guilty to Fraud
18.2.2023
Nishad Singh, the former director of engineering for collapsed crypto exchange FTX and Sam Bankman-Fried's right-hand man, is preparing to reach a plea deal with U.S. prosecutors
According to a Friday report from Bloomberg, the former FTX executive is planning to plead guilty to fraud charges...
Bill Allows Russian Financial Platforms to Operate Blockchains, Issue Digital Assets
18.2.2023
A draft law filed in the Russian parliament permits operators of platforms providing financial services to also run blockchain platforms. The legislation will allow them to combine their regular activities in the traditional financial market with issuing digital assets. New Law Opens Door...
NBA Hall of Famer Paul Pierce Charged by SEC for Touting EMAX Tokens
17.2.2023
The U.S. Securities and Exchange Commission (SEC) has charged Basketball Hall of Famer Paul Pierce for touting EMAX tokens and making misleading comments about unregistered crypto securities. The former Boston Celtics small forward agreed to settle the charges and pay the SEC $1.409 million....
BlockTower Capital Loses $1.5M in DeFi Market Aggregator Dexible Exploit: Blockchain Data
17.2.2023
The crypto asset investment firm BlockTower Capital may have lost $1.5 million in TRU tokens, according to two blockchain intelligence firms
Today in Crypto: ‘Fundamental Clash Between Regulations and Crypto’, Ethereum Devs Patch Testnet Bug, Bank of Japan Set to Launch CBDC Pilot in April
17.2.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: ‘Fundamental Clash Between Regulations and Crypto’, Ethereum Devs Patch Testnet Bug, Bank of Japan Set...
Unstoppable Domains and Crypto Browser Opera Widen Scope to Offer Accessible Web3 Identity System
17.2.2023
Opera, the Web3 browser, and Unstoppable Domains, the non-fungible token (NFT) domain provider, have announced that users can now access all domain endings, including .x, .crypto, and .nft, across Opera’s browsers. Additionally, Opera and Unstoppable are offering a free .nft domain that...