Investor interest in the sector has not been impacted by concerns of a so-called “crypto winter,” according to research released the Bank of America (BAC) on Tuesday following its Web3 & Digital Assets Day Conference last week. “Blockchain Technology and the Digital Asset Ecosystem Are Here to Stay” According to the article, the bank is … Read more
Unstoppable Finance, decentralized finance (DeFi) startup established in Solana, has claimed that the city of Solana is much more decentralized than most people give it credit for being. On the other hand, one school of thought maintains that the blockchain platform is inherently more centralized than decentralized. The blockchain network’s active validator count, the Nakamoto … Read more
The United States of America has emerged as one of the most important countries for mining cryptocurrencies worldwide. The United States of America is now home to several cryptocurrency mining companies that rank among the most successful in the world. As a result of China’s ongoing crackdown on cryptocurrency mining activities over the past few … Read more
Data shows that the trading volume for non-fungible tokens (NFTs) between May and June decreased by 74%. The May trade volume was $4 billion, whereas June saw $1.04 billion. The previous low was 48 percent, which happened during March and February this year. The current dip in NFT marketplace trade volume is the greatest month-over-month … Read more
Andorra, a tiny European nation between France and Spain, is a glimmer of progress. The General Council of Andorra, the nation’s government, recently gave the Digital Assets Act, a legal framework for virtual currencies and blockchain technology, its blessing. There are two sections to the act. The first is developing “programmable digital sovereign money,” or … Read more
BetterMe Magazine, a Yahoo Hong Kong online publication, revealed on Monday that its first NFTs project, widely known as “City Frenchie,” will debut on July 21. Many pet owners compare having a pet to having a child. They see their pets as a family member, so they should be treated with care and amusement. In association … Read more
Square Enix, the company behind the Final Fantasy video game series, has revealed intentions to launch a non-fungible token (NFT) initiative associated with the game series. Collaboration with NFT marketplace Enjin will create and release a collection of Final Fantasy VII NFT. On Enjin’s Efinity blockchain, the collection will include the 25th Anniversary cards and … Read more
The company that made the metaverse battle royale games, Fortnite, Epic Games, Inc., claims that it would not outlaw NFTs like Minecraft. “You should be free to choose whether to play a game, and game developers should be free to choose how to create their creations. Businesses like retailers and operating system developers should refrain … Read more
On July 21, price movement in the cryptocurrency market was mostly muted as traders took a day to digest recent gains and book profits after the strongest relief bounce since early June. The Ethereum Merge has remained at the top of the list despite rumors regarding what sparked the recent spike. After a preliminary date … Read more
As a result of the government’s introduction of two regulations requiring crushing taxes on transactions and unrealized gains related to cryptocurrency, the Indian crypto landscape lost some impetus this year. On April 1, India’s first crypto law went into force, requiring its people to pay a 30% tax on unrealized gains. Investors and businesspeople struggled … Read more