Meta-Marriage: Decentraland hosts first Metaverse wedding

A Phoenix couple tied the knot with their digital identities this weekend in the first marriage to take place in the Metaverse. The wedding ceremony took place in Decentraland, complete with witnesses, Supreme Court Justice officiant Clint Bolick, and a virtual crowd of 2,000 guests on Feb. 5. The bride and groom, Ryan and Candice …

Terra (LUNA) Holders Approve New Sports Sponsorship Deal

It’s not often that we see a DAO vote on a multi-year, $40M protocol spend on a sports sponsorship. Terra holders have been voting on just that this week, however, in what’s seemingly a first-of-its-kind event. Terraform Labs founder Do Kwon presented a new proposal to the Terra community this week, allowing LUNA holders to …

Ethereum Whales Accumulating Polygon (MATIC), Loopring (LRC) and Two Low-Cap Altcoins, According to WhaleStats

Deep-pocketed crypto investors are snapping up Ethereum scaling solution Polygon (MATIC), Loopring (LRC) and two other small-cap altcoins amid the rebound across the digital asset market. New data from WhaleStats shows that Polygon has replaced LINK as the number one traded token among the richest Ethereum holders in the last 24 hours as MATIC enjoys healthy …

What is Harmony (ONE) blockchain and why it is getting so much traction?

Harmony is getting a lot of traction because it addresses core blockchain concerns, is energy-efficient, has cross-chain capabilities, offers lower gas fees and has a huge potential for nonfungible tokens (NFTs). Maintain decentralization and security Harmony thinks its network can scale while maintaining decentralization and security because it uses sharding, which divides validators into multiple …

Lost Bitcoin may be a ‘donation,’ but is it hindering adoption?

Cryptocurrency custody solutions have become a big business over the last few years. Independent storage and security systems meant to hold large quantities of crypto on behalf of clients can bring in institutional capital and retail investors waiting on the sidelines simply because they remove a major fear: losing access to funds that become unrecoverable. …

How to Win at Cryptocurrency Casinos: Top Ten Tips

What can be done to improve your chances of winning a crypto casino game? Read this article for 10 tips that might help! The vast majority of people who gamble on the internet hope they will win, but the odds are against them. There is no magic strategy or secret method for winning at gambling …

US Treasury Warns NFTs May Present New Illicit Finance Risks

The U.S. treasury department has warned that non-fungible tokens (NFTs) may present new illicit finance risks. According to industry estimates, the NFT market could reach $35 billion in 2022 and more than $80 billion by 2025. NFTs May Present Illicit Finance Risks The U.S. Department of the Treasury announced Friday the release of a “study …

Major Exchange LBank Wishes Lunar New Year via NASDAQ Billboard on Times Square NYC

press release PRESS RELEASE. On 1st Feburary, 2022, LBank Exchange promoted the wishes to the world through Times Square NYC – NASDAQ Billboard, for the celebration of the Chinese lunar New Year. Times Square New York is a major commercial intersection, and NASDAQ MarketSite is the marketing presence of the NASDAQ stock market, where the …

Crypto Users and Exchanges Must Now Report Transactions in Colombia

The Colombian government has issued new regulations that force exchanges and individuals to report cryptocurrency transactions to the UIAF, the anti-money laundering watchdog in Colombia. The transactions must be reported via an online reporting system, and exchanges will be required to issue periodic reports of suspicious transactions made by users. Colombia Tightens AML Controls New …

Top Analyst Says XRP Will Pop After Lawsuit, but More Downside Still in Play

A closely followed crypto analyst says that XRP will explode once the lawsuit between Ripple Labs and the U.S. Securities and Exchange Commission concludes, but more downside is possible before then. In an interview with Thinking Crypto, the pseudonymous analyst known as Credible Crypto says XRP’s technicals are currently suggesting more bearish action. “XRP is …

Polkadot (DOT) Consumes the Least Amount of Electricity Compared to Other Top Chains, According to New Research

New data reveals that Ethereum challenger Polkadot (DOT) consumes the least amount of electricity out of any leading blockchain. According to new research conducted by the Crypto Carbon Ratings Institute (CCRI), the interoperable blockchain platform uses less power than other popular crypto assets such as Bitcoin (BTC), Ethereum (ETH) and Solana (SOL). The institute found …

U.S. Treasury Department Issues Warning, Says NFTs May Be Used for Money Laundering

The U.S Treasury Department is issuing a warning to investors that non-fungible tokens (NFTs) could be used to launder money. In a new study, the agency says that the ability to transfer NFTs instantaneously across the world using the internet makes the nascent crypto sector a prime candidate for illicit activities. “The emerging online art …

Crypto derivatives data signals improving investor sentiment and a possible trend reversal

This week the total crypto market capitalization rallied 10% to $1.68 trillion, which is a 25% recovery from the Jan. 24 bottom. It’s too early to suggest that the market has found a bottom but two key indicators — The Tether/CNY premium and CME futures basis — have recently flipped bullish, signaling that positive investor …

Top 5 cryptocurrencies to watch this week: BTC, ETH, NEAR, MANA, LEO

Bitcoin (BTC) surged above the $40,000 psychological resistance on Feb. 4 and successfully held the level over the weekend. This boosted the total crypto market capitalization from $1.78 trillion on Feb. 3 to about $2 trillion on Feb. 6, according to data from CoinGecko. A new financial disclosure by Senator Ted Cruz shows that he bought …

DAOs: Where humans may fail, AI could succeed

Decentralized autonomous organizations (DAOs) offer a new way of organizing businesses in a non-hierarchical structure that encourages participation from every member of a community. With no central leadership and decisions made collectively, DAOs could revolutionize the way we think about work, but their implementation is not without challenges.  The term DAO is sometimes used to …

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