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“# Harmony launches Bored Ape Yacht Club NFT Passport ” On Friday, blockchain platform Harmony — whose mainnet runs on the Ethereum network, claiming to have two-second transaction finality and fees 1,000 times lower than Ethereum — announced the launch of its Bored Ape Yacht Club Passport. The Passport enables users to import proof of…
“# NFTs and DeFi are revolutionizing real estate investing and homeownership — Here’s how ” NFTs continue to make an impact on multiple sectors, and this mainstreaming is opening up new opportunities and revealing new trends for blockchain technology. Recently, the real estate sector has shown interest in blockchain technology because it opens up the…
“# Finance Redefined: Axelar becomes a unicorn, new ETH addresses hit 1.5M per month, Feb. 11–18 ” Welcome to the latest edition of Cointelegraph’s decentralized finance newsletter. This week has been full of funding raises, innovations, service deployments and a bit of volatile technical price action — for a change. Axelar Network attains $1B valuation…
“# MiamiCoin disbursement to fund a rental assistance program, says Mayor Suarez ” Upon the announcement that Francis Suarez, mayor of the City of Miami, took a $5.25 million disbursement from the MiamiCoin wallet, Cointelegraph inquired about how the city will use these funds. I’m so excited to announce that the @CityofMiami has received its…
“# Bitcoin at the barricades: Ottawa, Ukraine and beyond ” Protesting anti-vax truckers blockading downtown Ottawa, Canada had their fund-raising platform shut down because their host fears the “promotion of violence.” The protesters move to a Bitcoin crowdsourcing funding service. It quickly raised $900,000. Russian troops gather on Ukraine’s borders. Ukrainian NGOs and volunteer groups…
“# ‘Off the charts:’ Zynga blockchain exec praises P2E gaming talent ” Hot off the news that the FarmVille and Words With Friends developer Zynga will release the first NFT game this year, Zynga’s blockchain gaming aspirations are taking shape. Matt Wolf, the marketing veteran with experience at EA and SEGA, is the new vice…
“# Low Millennial financial well-being drives crypto adoption: report ” Data shows that Millennials in the United States are flocking to alternative financing methods such as crypto assets to boost their financial well-being. A report titled The State of Consumer Banking & Payments by Morning Consult in January found that Millennials are adopting new technologies…
“# Cointelegraph releases Top 100 in Crypto and Blockchain 2022 ” The Cointelegraph team has scoured the deepest trenches of the blockchain world to find the most artistic, analytical and innovative out there to be featured in this comprehensive list of people and trends that shaped the industry in 2021 and will continue to drive…
“# Blockchain community busts alleged $20M NFT drop scam before sale completion ” Late Wednesday, internet detective and Youtuber Coffeezilla published a new video documenting how himself, along with members of the blockchain community, took down an alleged $20 million nonfungible tokens, or NFT, scam before it could come to fruition. As told by Coffeezilla,…
“# India’s crypto tax provides little legal clarity for traders and exchanges ” Earlier in February, Indian Finance Minister Nirmala Sitharaman announced a tax proposal that would bring the relatively unregulated digital asset space under the purview of tax authorities. The proposal includes a 30% income tax on crypto returns and a 1% tax deducted…