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The non-fungible token (NFT) market has been growing at an alarming rate, hence attracting more projects into the marketplace. According to a report on Nasdaq, the NFT market did about $330 million in sales volume in 2020. However, the global collectible market is valued at $370 billion. Meanwhile, in 2021,
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Kryptomon, the highly anticipated crypto NFT game that attracted more than 100,000 people to register interest in it across its nine-day launch period, has announced that it has partnered with EU-licensed financial institution, Simplex, in what will be the institution’s first ever NFT gaming partnership. With plans to
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Crypterium, an award-winning financial technology startup, recently raised more than €3.1 million. The money came almost exclusively from European investors via the fundraising platform Seedrs. With less than one third of its customers coming from Europe, and European investment regulation making it impossible for non-European investors to participate in
Opinions
The NFT market is one of the most dynamic and exciting sectors in crypto right now. It is also one of the most hyped, thanks to headline-making sales, such as the famous Beeple NFT, which sold for a record-smashing $69 million at Christie's in March. At the same
Following China's latest crackdown notice on cryptocurrency activities, the prices of the exchange tokens of Huobi and OKEx have dropped significantly. The very hour the People's Bank of China issued the statement on its plan to intensify the crackdown on crypto trading, the prices of Huobi
The People's Bank of China has issued a new document detailing its plans to toughen its clampdown on cryptocurrency trading activities. According to a Friday announcement from the central bank, all services that facilitate exchange between fiat currencies and crypto assets or between crypto assets are to be
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Answerly, one of the leading crypto question and answer [Q/A] platforms, via a recent press release, will be introducing 50 NFTs on the Stellar blockchain. The proliferation of the crypto market has resulted in the introduction and launch of various platforms and trends, NFTs or non-fungible tokens as they
Opinions
NFT has given an entirely new meaning to the art industry. Some of its potential is rooted in an old dispute between Mikhail Bakunin and Frederick Engels, dating back to the late 19th century. Artworks reflect the sentiment of any historical period, as the current frustration and despair can usher
Twitter is set to add Bitcoin (BTC) lightning payments and a non-fungible token (NFT) authenticator feature to its platform. The social media giant announced that it would be adding the tipping service to its iOS application. The third-party tipping feature will allow users to add Bitcoin addresses and make payments
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Investors have shown a keen interest in the TOMI token since the team decided to launch presale access through an NFT collection. That NFT collection helped bring in funds for the team to reduce its TOMI token supply after the sale. Investors in the presale are looking at a 56,
Come 2022, the iconic PortAventura World entertainment resort will start accepting payments in Bitcoin. The Spanish leisure complex, widely regarded as one of the largest resorts in Southern Europe, houses two theme parks and six hotels. It also hosts roughly five million guests per annum. One of the main attractions
The Canadian Securities Administrators, an umbrella group for regulators from each of the 10 provinces and 3 territories in Canada, has released new guidelines on the use of social media, advertising, and marketing by crypto exchanges. The staff document was released in tandem with the Investment Industry Regulatory Organization of
On Wednesday, the Dubai World Trade Center Authority (DWTCA) announced an official agreement with UAE's Securities and Commodities Authority (SCA) to facilitate the regulation and trading of crypto assets within the DWTCA free zone. The latest initiative creates a framework that allows the DWTCA to provide necessary licenses
One of the first Bitcoin websites, Bitcoin.org, has suffered a security breach and has gone offline for the time being. Bitcoin.org's anonymous curator Cobra announced on Thursday that the site had been compromised, with the attackers managing to post a scam notice on the website. “Looks
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Thanks to the proliferation of non-fungible tokens or NFTs as they are fondly called, metaverse — the concept of a virtual world where buildings, names, land, and avatars can be bought and sold using cryptocurrencies — has become an overnight sensation. Currently worth over $25 billion as reported by CoinGecko, the NFT
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Blockchain technology is seeing a rapid surge in adoption, and as new opportunities are opening up — new projects and chains are emerging to seize them in hopes of gaining an advantage against competitors. At this time, Ethereum is still the biggest development platform, but its high gas fees and inability