NFT vending machine to make digital art more accessible at London event

Multichain nonfungible token (NFT) marketplace myNFT has announced it will showcase its first-ever physical NFT vending machine at this year’s NFT.London event scheduled for Nov. 2–4.  The NFT platform hopes to provide an easy and accessible way for people who want to start buying and trading digital assets without needing deep knowledge of the Web3 …

Is Reddit Heading For the Metaverse After Its NFT Collectibles Surge?

Social media giant Reddit has been making waves in Web3 thanks to the recent spike of interest in its NFT-based Collectible Avatars. Through seamless onboarding and vibrant artwork, Reddit Avatars have won the hearts of many, including non-NFT enthusiasts. With that, some are beginning to speculate that the forum-based website could be heading for the …

DeFi Pioneer Andre Cronje Resurfaces Again, Calls For Stricter Crypto Regulation In The Sector 

DeFi star Andre Cronje has uploaded a new blog post that disseminates the current crypto turmoil  Cronje has called for a stricter regulatory framework in the sector to protect consumer interests. Andre Cronje, a DeFi pioneer and former founder of Yearn Finance, is back again with another blog post which calls for stringent crypto regulation …

DOGE up 18% as Elon Musk moves to take over Twitter

Dogecoin has spiked over 18% to reach a local high of $0.0777, as possibilities of its integration with Twitter increase. 1 min read Updated: October 27, 2022 at 11:52 am Cover art/illustration via CryptoSlate Dogecoin has surged 18% following news that Dogefather Elon Musk is set to take over Twitter by Friday. Bloomberg reported on …

Kazakhstan to launch CBDC on BNB Chain

Binance‘s CEO Changpeng Zhao announced that Kazakhstan would start testing its Central Bank Digital Currency (CBDC) Digital Tenge on the BNB Chain (BNB). Looking forward to NBK preparing CBDC use cases to see how they could be integrated into #BNB Chain to bridge the gap between traditional banking and the crypto ecosystem. (4/4) — CZ …

Singapore Seeks to Reduce Risks for Retail Crypto Investors With Restrictive Rules

Financial authorities in Singapore have proposed new regulations designed to protect consumers from risks associated with cryptocurrency investment and trading. The measures, which also aim to expand regulations for stablecoins, will be discussed with the industry before their adoption. Singapore Prepares to Tighten Cryptocurrency Regulations, Limit Public Access to Digital Assets The Monetary Authority of …

Nigerian CBDC Still Not Widely Used a Year After Launch

On October 25, Nigeria commemorated the first anniversary of the Central Bank of Nigeria’s e-naira, even as more residents continue to snub the digital currency. In a move aimed at boosting the use of the CBDC, the central bank is offering a 5% discount to motorized rickshaw drivers and passengers that use the e-naira. Kingsley …

Blockchain.com Launches Crypto Visa Card With 1% Cashback Crypto Rewards

Crypto firm Blockchain.com has announced the launch of a new crypto-centric pre-paid Visa card and so far, 50,000 users have registered for the waitlist signup. In addition to launching its crypto Visa card powered by the card issuing platform Marqeta, Blockchain.com Visa users will earn 1% back in crypto whenever they spend funds using the …

Bitcoin Whale Abruptly Moves Over $123,000,000 in BTC – Here’s Where the Crypto Is Going

A crypto-tracking platform says that one Bitcoin (BTC) whale is moving more than $123 million worth of crypto in a single transaction. According to Whale Alert, an unknown wallet sent 5,444 BTC worth more than $105 million to a second unknown wallet, as well as 969.77 BTC worth more than $18.7 million to a third …

Crypto investment firm Q9 gets provisional approval to operate in Dubai

A Hong Kong-headquartered crypto investment platform, Q9 Capital, received provisional virtual asset approval from Dubai’s Virtual Asset Regulatory Authority (VARA). The company announced its expansion to the UAE and applied for a full operating license as well.  According to its press release from Oct. 27, Q9 will establish a regional hub in Dubai and start …

DeFi Pioneer Echoes SBF in Call for Tighter Crypto Regulations

Respected former decentralized finance (DeFi) project founder and developer Andre Cronje has resurfaced after a lengthy hiatus to call for tighter regulations on the crypto sector amid the implosion of multiple firms this year. The comments echo similar sentiments to that of FTX CEO Sam Bankman-Fried (SBF), who also called for more stringent digital asset …

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