The Chinese multinational technology giant, Alibaba Group, has launched a non-fungible token (NFT) marketplace. According to regional reports, the Alibaba NFT platform not only provides customers with the ability to purchase and sell NFTs, but the marketplace also allows people to license and sell intellectual property (IP), as it is copyrighted by blockchain technology. Alibaba’s …
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America offers $10 million in crypto rewards to ‘whitehat’ darknet sleuths
America offers $10 million in crypto rewards to ‘whitehat’ darknet sleuths | CryptoSlate Earn up to 12% APY on Bitcoin, Ethereum, USD, EUR, GBP, Stablecoins & more. Start Earning Interest U.S. › Hacks The US government is prepared to offer as much as $10 million to hackers who provide helpful information on attackers of its …
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Polylauncher debuts with angel investment from Polygon co-founder
Polylauncher, the first metaverse-focused launchpad in the crypto space, has launched on Polygon. It has announced an angel investment from Sandeep Nailwal, the co-founder of Polygon, along with several Asia-based venture capital firms. We are pleased to mention our first honorary $ANGEL supporter … @sandeepnailwal , Co-Founder of @0xPolygon👏 Other than that, we will be …
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The world’s biggest banks are pouring billions of dollars into crypto
Crypto adoption has boomed within traditional and institutional circles in the past year, with the nascent market even touching the $2 trillion earlier this year on the back of billions of dollars in institutional and retail capital. And it’s only just beginning. As per a recent report from crypto research firm Blockdata, over fifty five …
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US Lawmakers Urge SEC and CFTC to Create Joint Working Group on Crypto Regulation
Two U.S. lawmakers have urged the chairman of the Securities and Exchange Commission (SEC) and the acting chairman of the Commodity Futures Trading Commission (CFTC) to establish a joint working group for the regulation of crypto assets. SEC and CFTC Urged to Collaborate on Crypto Regulation U.S. Representatives Patrick McHenry and Glenn “GT” Thompson sent …
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Big Three Credit Agency Fitch Warns El Salvador Adopting Bitcoin Will Negatively Affect Insurers
Fitch Ratings, the American credit agency and member of the ‘Big Three’ credit agencies, has published a paper on El Salvador’s adoption of bitcoin and making the crypto asset legal tender in the country. Fitch believes that after the country enforces the new tender law it will face “volatility risk” alongside “regulatory and operating risks” …
Solana Captures Fresh All-Time Highs, SOL Joins the Top Ten Crypto Assets by Market Cap
During the last few weeks, a crypto asset called solana has been making its way up the charts and has made it into the top ten cryptocurrencies by market capitalization. Solana reached an all-time price high on Monday, capturing $74 per unit and an 80% gain over the course of the week. In addition to …
Polygon Enters Into Africa With Quidax. Quidax to Launch Self-Service Listing, Celebrates 3 Years
press release PRESS RELEASE. Lagos – African-founded cryptocurrency exchange, Quidax is integrating with Polygon. Polygon is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development. Quidax’s integration with Polygon is Polygon’s first in Africa and represents a significant milestone as it gains increased developer adoption. As part of the integration, Quidax has listed …
Decentralized TV Advances as Cudos Ties Up With Sator and Crypto-Themed Series “Hold on for Dear Life”
As blockchain technology expands its horizons, attention is turning towards Hollywood with the introduction of a brand new decentralized series titled “HODL,” which will feature fan engagement tokens and highlight mining services-for-all. Audience to Gain Exposure to Token Incentives and Mining Art imitates life in one of the latest expressions of the blockchain universe as …
NFT gaming giant Axie Infinity (AXS) has grown 750x in just one year
It is fair to say that the play-to-earn economy is booming and NFT platforms are profiting from growing demand. Developed by Sky Mavis, a Vietnamese gaming studio, Axie Infinity (AXS) surpassed 1 billion in sales and is transforming the world of gaming. With over 1 million active daily users, this cleverly positioned NFT marketplace is …
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XRP, Ethereum fall as popular index flashes ‘Greed’ sign
The crypto fear and greed index, a collective metric that estimates the current sentiment on the crypto market, remains in the “greed” zone, while most of the major cryptocurrencies entered the new week with a price uptick. The index reflects daily emotions and sentiments for Bitcoin (BTC) and other large cryptocurrencies, which are gathered and …
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Bank of Ghana Urged to Resist Developing a CBDC Based on ‘Old Traditional Siloed Financial Thinking’
A Ghanaian blockchain and crypto association, Afroblocks, has warned the Bank of Ghana (BOG) to resist the urge to develop a central bank digital currency (CBDC) that is based on the “old traditional siloed financial thinking.” Afroblocks Not Consulted Afroblocks (formerly Blockchain Society Ghana) instead wants the central bank to emulate “financial projects that are …
Venezuelan Buys Apartment Using Tether as Real Estate Market Warms Up to Crypto
A Venezuelan individual has reportedly purchased an apartment using cryptocurrency, specifically Tether, in the coastal state of Anzoategui last month. This is one of the first purchases of real estate with crypto that has been recorded in the country, but more properties are listed as accepting cryptocurrencies as a payment option in several real estate …
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Former Zcash Developer to Lead Twitter’s Decentralized Social Media Project Bluesky
On December 11, 2019, the CEO of Twitter announced the company was funding a project aimed at creating a decentralized social media standard. Jack Dorsey said that the ultimate goal of the project dubbed “Bluesky” is for Twitter to be a client of the standard. A year and eight months later, Bluesky announced that a …
Ethereum (ETH) onchain capacity increased 9% after EIP-1559 rollout
While Ethereum (ETH) co-founder Vitalik Buterin explains how the long awaited network upgrade affected the chain capacity, the crypto community continues raising the high gas fees question. The London hard fork, which included the EIP-1559 upgrade, a reductive measure set to reign in Ethereum’s supply growth, went live on August 5 and boosted the price …
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