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Crypto News Summary: Mastercard Launches Start Path Crypto, Meta Bringing NFT Minting & Trading to Instagram

3.11.2022
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: Crypto News Summary: Mastercard Launches Start Path Crypto, Meta Bringing NFT Minting & Trading to Instagram

Come one, come all! Meta to bring NFT minting and trading to Instagram

3.11.2022
An “end-to-end toolkit” for creators to make, show, and sell “digital collectibles” is coming to the social media platform Instagram

Russia Plans to Allow Mining of Any Cryptocurrency, Lawmaker Unveils

2.11.2022
Newly proposed legislation aims to permit the minting of any cryptocurrency in Russia, a prominent lawmaker has revealed. While the draft law states that the circulation of the minted coins should take place outside Russian jurisdiction, an upcoming bill provides for their use under “experimental...

Moldova Bans Cryptocurrency Mining Amid Energy Crisis Caused by War in Ukraine

28.10.2022
The government of Moldova has decided to suspend crypto mining activities in the country as it’s facing a major energy crisis. The move is part of emergency measures to reduce power consumption with energy supplies dwindling due to the escalating conflict in neighboring Ukraine. Authorities...

Bitcoin Mining Revenue in Russia Grew 18 Times in 4 Years Before ‘Worst Quarter’

21.10.2022
Russian revenues from the minting of bitcoin saw a multifold increase in the past few years before declining significantly since this past spring. The findings come from a new study which also established that the sector was growing during both ups and downs in the crypto market. $1.4 Billion...

Chinese Researchers Propose Asian Digital Currency to Reduce Reliance on US Dollar

15.10.2022
Experts from an economic institute in China have circulated the idea of creating a blockchain-powered digital currency that could lower Asia’s reliance on the greenback. The initiative comes against the backdrop of an expanding digital yuan pilot, and after recent trials of cross-border payments...

Quik․com Releases Update for Its NFT Domains – Web3 Domains Are Now Minting

11.10.2022
The much-anticipated major update to Quik.com has now been made available to users, bringing them brand-new capabilities like the edit feature and the Quik API, along with more that are scheduled for the upcoming weeks and months. Quik.com is a P2P NFT domain marketplace offering NFT top-level...

Bill Aims to Limit Crypto Mining in Kazakhstan Only to Registered Companies

1.10.2022
New legislation proposed in the parliament of Kazakhstan will allow only authorized miners to mint digital currency, if adopted. The draft has been designed to comprehensively regulate the industry and reduce what its sponsors label as uncontrolled consumption of electricity in the sector....

World’s Largest NFT Marketplace Opensea Reveals Drop Improvements, Arbitrum L2 Support

21.9.2022
The largest non-fungible token (NFT) marketplace by sales volume, Opensea, has announced a new “immersive and secure minting experience” by giving NFT creators the ability to showcase “collections with dedicated drop pages and greater discoverability” on Opensea’s...

A Secure and Immersive Minting Experience With Drops on OpenSea

20.9.2022
OpenSea has emerged as the ideal location to delve into the huge NFT universe since its inception in 2017. Their goal is to establish a place where creators may begin their adventures, establish their communities, and interact with them as they expand. Drops are essential to a project’s...

Solar-Powered Crypto Farm in Australia to Prove Bitcoin Mining Can Be Green

18.9.2022
A crypto mining data center in the state of South Australia will be running mainly on solar-generated electricity, a media report reveals. The coin minting facility has been set up in a region known for its energy-hungry iron ore extraction and steel production. Bitcoin Farm to Mine Cryptocurrency...

Ethereum community wastes no time minting PoS NFTs right after the Merge

15.9.2022
The Merge happened, and now the community watches like proud parents as Ethereum takes its first steps as a proof-of-stake consensus

Ticketmaster selects Flow blockchain for minting NFT event tickets

31.8.2022
Customers will receive an NFT on top of a regular ticket purchase for select events

Acala community votes to burn 2.97 billion of erroneously minted aUSD stablecoin

22.8.2022
3.022 billion aUSD were previously minted via a liquidity bridge glitch

Electricity Consumption of Russian Crypto Miners Spikes 20 Times in 5 Years, Research Finds

18.8.2022
Power needs of cryptocurrency miners in Russia have grown significantly since 2017, with consumption of electrical energy seeing a 20-fold increase over the five-year period. In 2021, the minting of the coin with the largest market cap, bitcoin, required 1.25 gigawatts in the country. Experts...

Metaverse NFT Domains Are Trending: Minting Goes Live on Quik․com

8.8.2022
Everyone is now familiar with the term “NFTs,” which provide users with decentralized asset ownership and legitimate property through blockchain technology. Similarly, NFT domains are currently trending with a similar approach of giving users ownership rights, but the difference...

We Are SG Minting Begins to Celebrate Singapore National Day

8.8.2022
We Are SG, also known as WASG, is being launched by GERMS Digital to celebrate Singapore National Day 2022. The NFT collection features 9,822 NFTs that Singaporeans have created. The NFT collection depicts everyday Singaporean activities like national service men and delivery drivers. Out of...