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” The NFT sector is projected to move around $800 billion over next 2 years: Report “ Although NFTs have been a part of the cryptocurrency market since 2014, interest and adoption ha risen rapidly over the last two years. At their height in August 2021, the total trading volume of NFTs rose to over…
” NYDFS calls for crypto firms to use blockchain analytics “ In a letter published on Thursday, the New York State Department of Financial Services, or NYDFS, recommended that all virtual currency companies operating under New York banking law adopt blockchain analytics to trace transactions. In supporting the decision, the regulatory agency wrote: “Wallet addresses…
” ‘Ready, steady, NFT:’ Ukrainian government accepts NFT donations “ Mykhailo Fedorov, Vice Prime Minister of Ukraine and Minister of Digital Transformation of Ukraine, tweeted that the Ukrainian government will accept war effort contributions in the form of nonfungible token (NFT) donations and purchases. Via the official “Aid for Ukraine” crypto fund, individuals can donate cryptocurrency,…
” Telegram Wallet Bot enables users to send crypto in-app via revived blockchain project “ As told via a Twitter post on Tuesday, instant messaging app Telegram has rolled out crypto payments via Ton Token. To access the feature, users first need to download and install Telegram’s official Wallet bot, which allows them to purchase…
” Minecraft-linked developers draws up pledge for NFT and digital asset engagement “ Over the weekend, Climate Replay, which comprises developers from the Mojang Group, the maker of the popular Minecraft series, posted a pledge regarding the responsible integration of nonfungible tokens, or NFTs, and digital currencies into gaming. “Games give us hope in a…
” Buenos Aires to accept crypto for tax payments, launch DLT-backed citizen profiles “ The capital of Argentina and an agglomeration with more than 12 million citizens, Buenos Aires will make blockchain a vital part of its digitalization drive. Specifically, the city will accept public financial transactions in crypto. As the city mayor Horacio Rodríguez…
” “DeFi is not decentralized at all,” says former Blockstream executive “ Samson Mow, former chief strategy officer at Blokstream and founder of JAN3, is convinced that most decentralized finance protocols can’t compete with Bitcoin when it comes to providing an effective monetary network because of their lack of decentralization. As Mow pointed out, DeFi…
” Blockchain and crypto can be a boon for tracking financial crimes “ Governments around the globe have also become more aware of the crypto market and the various ways in which it can be regulated. Despite a growing adoption rate and involvement of mainstream financial giants, however, naysayers continue to portray crypto as a…
” Cashing out Bitcoin to save a dog’s life from cancer is ‘the moon for us’ “ How much is a doggo’s life worth? For one Redditor, “dojeckahedron” saving their pooch from the clutches of cancer is worth their entire Bitcoin (BTC) stack. In a tearjerker of a Reddit post, the dog owner from the…
” Nifty News: Solana NFT Okay Bears tops charts, South African wine NFTs rake it in and more “ Okay Bears, a Solana-powered NFT, managed to top OpenSea’s 24-hour sales tracker for the first time earlier today, beating out all other Ethereum (ETH) projects on offer. It’s the first time a Solana (SOL) NFT project…