The upcoming Muse NFT album will be the latest chart-eligible album format since 2015. Prior to this album concept, the last format to be accepted by international charts was album streams. Nonfungible token (NFT) albums are now eligible for both United Kingdom and Australian charts. Will of the People is the British rock band’s ninth …
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Summary: Blockchain-based sports engagement platform Socios.com announced a $100 million investment in Barca Studios. The capital injection is designated for the football club’s Web3 strategy investment. This could include blockchain services, NFTs, and digital asset operations, per today’s announcement. Socio.com owner Chiliz acquired a 24.5% stake in Barca Studio as part of the agreement. The …
Summary: The UK’s top financial regulator hopes to cap crypto holdings at 10% of the investors’ net assets. A ban on referral bonuses could also be implemented. Britain’s FCA unveiled the move in a policy document released on Monday. Recent crashes in the market and turbulent times for crypto lenders and exchanges supposedly triggered the …
Tether is the issuer of the world’s largest stablecoin, USDT. The company has now said that the hedge funds that tried to short USDT following the Terra debacle in May were not only misinformed but also wrong. Tether criticizes hedge funds shorting USDT Last week, Tether published a blog post referencing a Wall Street Journal …
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The co-founder of the Ethereum blockchain, Vitalik Buterin, has said that it is too early for projects planning to offer metaverse products and services to know what people want. Buterin also predicted that Meta’s attempt at the metaverse would fail because there is no clear description of the term metaverse. Vitalik Buterin speaks about the …
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Halborn, a cybersecurity company, has warned of a new phishing campaign. The campaign is targeting users of the MetaMask wallet. MetaMask is among the most popular crypto wallets, and over the years, it has been targeted by such campaigns. Halborn warns of MetaMask phishing campaign A post published on July 28 by the technical education …
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Memecoins were launched with the intent to be a joke. What started with Dogecoin was further continued with the launch of Shiba Inu and other cryptocurrencies on similar lines. As meme coins storm the crypto markets, each launch is coming in a newer set of functionality and problem-solving features. The added element of utility in …
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Aave’s stablecoin approval drew wild reactions from the crypto community, with many comparing its fate to TerraUSD (UST); however, Aave proponents were quick to point toward the overcollateralized factor. Aave DAO, the governance body behind decentralized finance (DeFi) giant Aave (AAVE) protocol, has unanimously voted in favor of creating an overcollateralized stablecoin called GHO. The …
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A new meme coin on the block called Tamadoge is attracting a lot of attention, with rumours that Elon Musk might be involved in the project. For sure, Dogecoin (DOGE) and Shiba Inu (INU) currently wear the crown for being the best meme tokens in the history of cryptocurrencies but Tamadoge could take them down …
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Metropolitan Commercial Bank filed a statement supporting Voyager Digital’s request to honor withdrawals from its For Benefit of Customers (FBO) account on July 30. The filed statement claimed that Voyager Digital opened two accounts with the banks for the benefit of its customers only, and “Voyager does not have any claim to the customer funds …
Ethereum Classic’s (ETC) value increased by over 150% in July, making it one of the top performing digital assets of the month. The asset was trading at $36.50 as of press time after shedding over 11% in the last 24 hours. Interest in the asset reached a crescendo when Ethereum (ETH) developers revealed the date …
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In a letter addressed to the CEOs of financial institutions, the Central Bank of Kenya (CBK) has said financial institutions operating in the country must cease and desist from dealing with two Nigerian fintechs, Flutterwave and Chipper Cash. The letter reiterates the CBK governor Patrick Njoroge and the Asset Recovery Agency (ARA)’s assertions that the …
The Central Bank of Uruguay has issued a summon to Binance, one of the biggest exchanges in the world, due to the series of crypto-based savings products they are offering in the country. These savings products, according to the bank, can only be made through verified banking institutions or by companies that issue equity in …
press release PRESS RELEASE. After being in stealth mode since 2020 and undergoing drastic improvements and gameplay enhancements, the ALL-NEW YOLOREKT is now LIVE. People can bid and win in USDC on various assets during 3-minute games. The ALL-NEW YOLOREKT The new YOLOREKT means lots of fun and lots of winning potential. Based on 3-minute …
On Saturday, the co-founder of Ethereum, Vitalik Buterin, took to Twitter and gave his perspective on the “existing corporate attempts to create the metaverse.” Buterin noted that a metaverse will happen, but he doesnt believe the current corporate metaverse attempts are going anywhere. Ethereum’s Vitalik Buterin Shares His Thoughts on Existing Corporate Metaverse Attempts This …
