Novi Launches Whatsapp Integration Pilot Program for Selected Users in the U.S.

Novi, the remittance and payments initiative of Meta (formerly Facebook), has launched a Whatsapp pilot test for customers in the U.S. This means that a small number of Whatsapp users will be able to send and receive payments, as well as purchase digital dollars directly from the interface of the messaging service. This is an …

Aces, Jokers, and NFTs: Playing Card Manufacturer Bicycle Launches NFT Genesis Collection

The well known playing card manufacturer Bicycle has announced the launch of the company’s first non-fungible token (NFT) collection. The NFT card collectibles called the “Genesis Collection” were designed by the artist Adrian Valenzuela and the first drop of NFTs were officially revealed via the NFT marketplace Kolectiv on Thursday. Bicycle Playing Card Manufacturer Aims …

Ross Ulbricht NFT Collection Raises Over $6 Million in Ethereum, Free Ross DAO Wins Auction

The Ross Ulbricht Genesis non-fungible token (NFT) collection auction has come to an end and the auction winner was the “Free Ross DAO,” backed by the Pleasrdao project. The NFT collection raised 1,446 ether or $6.27 million at the time of settlement. Free Ross Decentralized Autonomous Organization Wins Ross Ulbricht’s NFT Auction, DAO Plans to …

Cardano and Ethereum’s Trajectory Depends on Bitcoin Hitting This Target, According to Crypto Analyst Justin Bennett

Crypto analyst Justin Bennett is saying the direction of Cardano (ADA) and Ethereum’s (ETH) price will likely depend on whether Bitcoin (BTC) exhibits bullish or bearish behavior. In a new issue of the Cryptocademy newsletter, Bennett says that Ethereum’s support at the $4,200 level is currently holding well. The second-largest crypto asset could appreciate further …

Florida governor’s budget proposal wants to let residents pay fees in crypto

Florida Governor Ron DeSantis has officially proposed the state government to allow businesses to pay state fees with cryptocurrencies like Bitcoin (BTC). The Republican governor announced the idea as part of his 2022–2023 budget proposal, released on Dec. 9. According to the official budget highlights, DeSantis proposed to provide $200,000 to the Department of Financial Services …

‘Mecca of mining’: Brazil considers zero tax on green bitcoin mining

A new proposal in the Brazilian Congress calls for a tax exemption on both the importation of crypto mining rigs and on any mining conducted using renewable energy sources. A Dec. 4 report from Brazilian media outlet Seudinheiro explains that a series of new proposals from Brazilian lawmakers could reduce the criticism crypto gets in …

Deep Dive: NFT Projects Have Had a Stellar 2021

Collins Dictionary recently announced ‘NFT’ – an abbreviation of ‘non-fungible token’ – as its 2021 word of the year. The award captures the meteoric rise in popularity of NFTs this year. In the first half of 2021, NFT sales rose to a record $2.5 billion, with the $2.5 million sale of Twitter founder Jack Dorsey’s first tweet …

Gamer-hate: Ubisoft’s new NFT project vid gets 96% dislike ratio

French gaming giant Ubisoft Entertainment SA’s new nonfungbile token (NFT) project Quartz is facing strong pushback from the gaming community. Ubisoft unveiled the Beta launch of Quartz via a brief YouTube video on Dec. 8 that has 214,721 views at the time of writing. The project aims to combine NFTs and blockchain technology with existing …

SPLC report examines use of Bitcoin and Monero by right wing extremists

The Southern Poverty Law Center (SPLC) has released a report examining the extensive ties between the far right and Bitcoin, many of whom built fortunes in the cryptocurrency. In a Dec. 9 Hatewatch report, the SPLC shared its findings on how right wing extremists and white supremacists, discuss and use cryptocurrencies claiming that many have …

Russia drafts legal framework for confiscation of illicit Bitcoin

The Russian Attorney General’s Office (Genprokuratura) is actively working on a swathe of new amendments to criminal law that would allow law enforcement agencies to legally confiscate illicitly gained Bitcoin (BTC) and other cryptocurrencies, attorney general Igor Krasnov revealed to RIA Novosti today. “We have developed amendments to a number of regulatory legislative acts so …

WhatsApp launches crypto payments pilot powered by Meta’s digital wallet

Meta Platforms cryptocurrency wallet, dubbed Novi, will enable sending and receiving money through the popular messaging app–WhatsApp. WhatsApp is a unit of Meta– a tech giant formerly known as Facebook. The pilot program is open to a limited number of users in the US, according to Novi head Stephane Kasriel, who announced the launch on …

Kickstarter is moving its crowdfunding platform to blockchain

Kickstarter, one of the largest crowdfunding platforms on the market, has announced plans to develop a decentralized version of its infrastructure on Celo. According to the company’s announcement, the move is set to open up new opportunities for creative projects to come to life. The king of crowdfunding is making a bit bet on decentralization …

Former U.S. official criticizes SEC crypto regulations

In their bid to better understand the crypto industry and its operations, US lawmakers invited the chief executive officers (CEO) of some leading crypto exchanges to a major hearing tagged “Digital Assets and the Future of Finance: Understanding Innovation in the United State.” Brian Brooks criticizes SEC One of the invited executives was the pro-crypto …

GensoKishi Online “Meta World” Is Set to Transform Blockchain Gaming With Innovative Metaverse

sponsored Metaverse is the trending concept in the blockchain industry due to its massive potential in different sectors. Blockchain gaming is one sector that has embraced the metaverse, and GensoKishi Online “Meta World” is at the forefront of this development. GensoKishi Online “Meta World” is a new metaverse and GameFi version of the popular GensoKishi …

Microstrategy Buys More Bitcoin, Now Holds 122,478 BTC — CEO Says Bitcoin Is Taking Gold’s Place

In less than two weeks after its previous bitcoin purchase, Microstrategy bought more bitcoins. The company has added 1,434 coins to its treasury, bringing the total holdings to 122,478 coins. At the time of writing, the company’s total bitcoin stash is worth about $6 billion. Microstrategy Purchases 1,434 More Bitcoins The Nasdaq-listed company Microstrategy has …

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