Several Chinese tech giants, including Ant Group, Tencent, Baidu, and JD.com have signed a pact to "self-regulate" their activities in the NFT space. According to a statement released by the China Cultural Industry Association on Thursday, the firms signed a self-regulation pact containing a total of 14
NFTs scammers will have to watch their backs because authorities are out to get them. In its latest attempt at bringing the much-needed sanctity to the NFT space, the US Department of Justice has filed charges against Vietnamese developer Le Anh Tuan for conspiracy to exploit investors in a suspected
Bank Al-Maghrib (BAM), the central bank of Morocco, is gearing up to formally regulate the Bitcoin and crypto market. According to a Monday report by Bitcoin News, the apex bank is consulting with global financial institutions on a regulatory framework to oversee the activities of the market. In particular, BAM’
Opinions
Of the many genres of gaming that have been popular over the years, multiplayer online real-time strategy (MMORTS) games have been some of the most enduring, and it’s not hard to see why. These MMORTS games allow you to team up with friends and explore a gaming landscape in
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Even with cryptocurrencies and blockchain gaining recognition around the world as a force to be reckoned with, there is still a long way to go before blockchain and decentralization can stamp out the negative views and perceptions. WEIcrypto is a blockchain-based platform that offers a simplified banking environment that matches
In a rather interesting turn of events, a Chinese NFT marketplace has announced that it will be buying back all the NFTs sold on its platform due to a lack of regulatory clarity. The Chinese government has remained silent on its stance on non-fungible tokens (NFTs) despite its outright ban
In an appearance on CNBC’s Squawk Box on Monday, SEC Chairman Gary Gensler said that Bitcoin was the only cryptocurrency he was ready to publicly call a commodity. Gensler aired his views while examining the implications of classifying certain cryptocurrencies as commodities rather than securities. He also addressed previous
Opinions
Gambling deserves a special mention among the many ways investors make money in the crypto sector. The decentralized nature of blockchain brings an enhanced level of security to the gambling sector. Crypto casinos are becoming increasingly popular, and one great example is Bitcasino. The project can boast a top-notch service
Cryptoys, an NFT-centric gaming platform, alongside its parent company OnChain Studios, has raised $23 million in a Series A funding round led by Andreessen Horowitz. Other participants in the round included Acrew Capital, Animoca Brands, CoinFund, Dapper Labs, Draper & Associates, Mattel, and Sound Ventures. OnChain CEO Will Weinraub said
The National Hockey League (NHL), alongside its Alumni Association and Players’ Association, announced Thursday that it had signed a multiyear partnership agreement with NFT platform Sweet to launch a digital collectibles marketplace. David Lehanski, the league’s executive vice president of business development and innovation, revealed in an interview that
Earlier this week, e-commerce company Shopify announced that it would be launching NFT-gated storefronts as a new feature for brands looking to make their stores more exclusive. The online shopping giant, which allows small businesses to create custom e-commerce shops, sees NFTs as the future of e-commerce and is tapping
Opinions
Gambling deserves a special mention among the many ways investors make money in the crypto sector. The decentralized nature of blockchain brings an enhanced level of security to the gambling sector. Crypto casinos are becoming increasingly popular, and one great example is Bitcasino. The project can boast a top-notch service
Football superstar Cristiano Ronaldo is getting into the world of NFTs following an exclusive deal with Binance. The leading crypto exchange announced the NFT partnership with the football star in a press statement released on June 23, noting that the multi-year partnership seeks to connect the footballer with his fans
The organizers of the Ethereum Community Conference (EthCC) have found themselves embroiled in a dispute with a group of anonymous crypto investors. According to a post published on Wednesday, the group claims that 200 tickets they paid for directly on the Polygon blockchain were all invalidated and they only received
In a statement released Wednesday, eCommerce giant eBay announced its acquisition of ‘KnownOrigin’, a popular NFT marketplace. According to the release, the deal was closed on Tuesday and is part of eBay’s “tech-led re-imagination.” David Moore, the co-founder of KnownOrigin, said the partnership would open the doors of the
NFT News
During an event hosted alongside the NFT NYC conference last night, Ethereum NFT project Doodles made a couple of big announcements. The NFT collection revealed that it had secured its first round of funding led by venture capital firm Seven Seven Six. Furthermore, musician and producer Pharrell Williams will join