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Islamic scholars have for years been debating the validity of cryptocurrencies. In 2018, Reuters reported, the world’s top Islamic finance scholars scrutinized the nascent space as debate as to whether the new technology follows Islamic values. Islamic laws that govern religious rituals and aspects of day-to-day life have raised
Non-fungible tokens (NFTs) as the latest fad have found a place in the Mixed Martial Art (MMA) market. At sports level, NBA Top Shot, a basketball-themed marketplace has become a major player. Leveraging basketball fandom and blockchain technology. Newly crowned UFC Heavyweight Champion Francis Ngannou, before his Title fight partnered
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Traditional banking systems across the globe face several challenges in offering their clients the best financial services. These flaws in the industry have in turn helped grow the decentralized finance (DeFi) ecosystem, which is the inevitable digital age solution to these problems. Low saving rates, slow transaction times, high service
Music mogul Akon in a recent tweet announced the launch of his NFT marketplace, AkoinNFT. Proud and excited to announce https://t.co/xRxOyPzX1S! As a carbon neutral #NFT marketplace, our goal is to help artists leverage the power of this new technology.https://t.co/3Y901FTbSV — AKON (@Akon) April
On March 23, 2021, leading decentralized exchange (DEX) Uniswap published a blog post highlighting the core functionalities of its upcoming third iteration. As per the announcement, Uniswap v3 is expected to go live on May 5, with the deployment of the Ethereum throughput booster, Optimism, shortly after. Uniswap is a
The hottest commodity in the digital art market, Non-fungible tokens (NFTs), in recent weeks have proven that they can be made out of nothing. With famous singers jumping on this nascent trend, experts believe it will take over the entertainment industry. While there have been reports of plagiarized NFT collections
Years after consistently bashing Bitcoin, Peter Schiff, one of Bitcoin’s foremost critics has publicly admitted that he was wrong about the flagship currency. But then, it’s April 1, and the prominent gold bug could be pulling an April Fool’s joke. Schiff took to Twitter to say “[he]
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ETFs are one the most preferred trading products in the world. A collection of different assets, these products offer the ease of investment diversification and at the same time, reduce risk. Traded in traditional markets, these profitable ventures have been out of reach of many people, especially the crypto community.
The South Korean government is looking to use blockchain technology to track its vaccine passports. Prime Minister Chung Sye-kyun announced the upcoming launch of a blockchain-based vaccine certificate on Thursday. The actual implementation is expected to go live later this month via a smartphone app. Sye-kyun opined that the move
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Leading pop culture toymaker Funko announced via a press release that it has acquired a majority stake in TokenWave, LLC, the company behind TokenHead; a decentralized and advanced website and mobile app for tracking and showcasing NFT investment portfolio and projects. Compatible with Android and IOS operating systems, TokenHead, a
A Bitcoiner has lost nearly all his life savings to scammers. Phillipe Christodoulou shared his story with The Washington Post, explaining how he lost $600,000 in seconds to a fake Trezor app from the AppStore. Christodoulou told the newspaper giant that he had stored some of his Bitcoin holdings
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Everyone seems to be talking about cryptocurrency these days. Tesla and PayPal have made milestone announcements in the past month that are helping to push the industry forward. However, if you were to ask the average person about cryptocurrency, their minds would immediately go to bitcoin. There is a good
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BlackRock, the world’s largest asset management firm, has revealed that it held Bitcoin futures in one of its funds as of the end of January. According to a March 31 filing with the U.S. Securities and Exchange Commission, the BlackRock Global Allocation fund had purchased 37 units of
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OpenSea, a Non-fungible token (NFT) marketplace, in a bid to glide past the costly Ethereum gas is integrating an Ethereum Layer 2 Protocol which according to a tweet by the marketplace will enable gas-free trading. Immutable X is coming to OpenSea! We're excited to announce OpenSea will soon
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Investment bank Goldman Sachs announced on Wednesday morning that it would allow wealthy clients to invest in digital assets in the second quarter of this year. The disclosure comes barely two weeks after Morgan Stanley announced that its wealthy clients could now gain exposure to Bitcoin. Goldman Sachs had earlier
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Popular British television series, Teletubbies, has left clues suggesting that it may be interested in Bitcoin. A tweet from the official Twitter account of the show has caught the attention of several players in the cryptocurrency space. Teletubbies posted a message yesterday with the Bitcoin hashtag, featuring two of the