A ‘bad news’ from China for crypto and NFT marketplace
Some Chinese internet and tech giants have signed an initiative to prohibit digital collectibles (NFTs) and crypto, along with a promise not to set up secondary marketplaces.
Some Chinese internet and tech giants have signed an initiative to prohibit digital collectibles (NFTs) and crypto, along with a promise not to set up secondary marketplaces.
The parent firm of Facebook, Meta is discontinuing the Novi crypto wallet in September. The firm launched the wallet in June 2019 to store its Libra stablecoin.
Anatoly Yakovenko, the CEO and co-founder of Solana had a Steve Jobs moment when he launched the Saga, an Android web3-based smartphone in New York City.
The worst bearish streak in crypto worldwide is facing a ripple effect on the prices of hardware that fostered the difficult mining process of these virtual assets. Aftermath the crash in cryptocurrency prices, mining digital assets has become not feasible, resulting in miners throwing away their high-end tools in the resale market which has yielded…
Polygon has installed Avail, a scaling system curated for developers to launch their blockchain apps atop other blockchains and the main Polygon chain.’
The relatively young high-performance blockchain network, TechPay Coin, wins the ‘world’s fastest blockchain’ award. TechPay Coin’s network achieved past remarkable throughput levels of 300,000+ TPS besides an absolute minimum of 500 milliseconds transaction Time-to-Finality. The group of TechPay Coin received the award at Crypto Expo Asia 2022 held in Singapore between June 22 and 23,…
The co-founder of Terraform Labs – Do Kwon, whose crypto ecosystem crumpled in a $40 billion wipeout in May, described to the Wall Street Journal that he yielded almost all his net worth in the crash.
Many NFT collectors of India came together near the Ahmedabad Airport to attend a special event, the first of its kind, at the party hall at Club 07. Web3 evangelists and entrepreneurs discussed digital transformation from art to assets to almost everything at the JorrDaar NFT event. But what made it more interesting was that…
The amount of electricity consumed by the largest crypto networks has plummeted by up to 50% as the ‘crypto winter’ resumes eating at the incomes of ‘miners’ and financial infirmity spreads more throughout the industry.
In a letter, the Blockchain and Crypto Assets Council has requested a meeting with the inter-bank retail settlements and payments body to understand and discuss the issues around the cryptocurrency trade. BACC has also asked NPCI that many of the cryptocurrency exchanges strictly adhere to NPCI protocols and KYC and asked it to restore the…