Non Fungible Tokens (NFTs) have taken the crypto world by storm, and one particular area is art, where NFT tokens are selling for up to tens of millions of dollars. Besides art, NFT refers to distinct digital assets such as music, real estate, and collectibles that exist on a blockchain. With the help of token standards, such as ERC721, each NFT has a unique code for … [Read more...] about Gambling With NFTs Is Here To Stay
The U.S. sets framework on regulating crypto
New directives are aimed at developing financial services infrastructure, simplifying cross-border payments and addressing fraud … [Read more...] about The U.S. sets framework on regulating crypto
PCCW Global Collaborates With Syntropy To Deliver Network On Demand Through Web3 Open Bandwidth Exchange
PCCW Global, a leading international telecommunications service provider, is collaborating with Syntropy, a Web3 network software company, to deploy and operate Syntropy’s Distributed Autonomous Routing Protocol (“DARP”) nodes at strategic locations within the PCCW Global network. … [Read more...] about PCCW Global Collaborates With Syntropy To Deliver Network On Demand Through Web3 Open Bandwidth Exchange
How NFTs Drive the Future of the Music Industry
Without a doubt, NFTs have the potential to cause a great deal of upheaval across a variety of sectors. Many believe that NFTs will prove to be particularly revolutionary in the process of sculpting the future of music. … [Read more...] about How NFTs Drive the Future of the Music Industry
Iran approves crypto payments for imports
Iran’s Ministry of Industry, Mine and Trade has approved the use of cryptocurrency for imports as a measure to circumvent US sanctions imposed on its finance and banking sector. … [Read more...] about Iran approves crypto payments for imports
How Can Blockchain Reshape Industry Security Standards?
The internet boom in the early 1990s is often cited as the inspiration for the idea of Blockchain, which could lead to various innovations of hidden cryptocurrencies. … [Read more...] about How Can Blockchain Reshape Industry Security Standards?
Cybercriminals have stolen over $100 million in NFTs during the last year
Elliptic, a blockchain analysis firm, has found that over $100 million in NFTs have been stolen through scams during the last year, an average of $300,000 per scam. The number could even be higher, the firm further added, as many incidents aren’t even reported and as such do not affect the average figures. … [Read more...] about Cybercriminals have stolen over $100 million in NFTs during the last year
Coinme adds ETH, DOGE and other cryptocurrencies to Coinstar kiosks
Coinme, a U.S.-based cryptocurrency cash-exchange, has announced the introduction of six new digital assets available for purchase via cash deposits at kiosk stations located across the U.S. following a partnership deal with Coinstar. … [Read more...] about Coinme adds ETH, DOGE and other cryptocurrencies to Coinstar kiosks