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Terra (LUNA) Collapse Big Step Backward for Crypto Decentralization: Ethereum (ETH) Creator Vitalik Buterin

Terra (LUNA) Collapse Big Step Backward for Crypto Decentralization: Ethereum (ETH) Creator Vitalik Buterin

The co-founder of Ethereum (ETH) says the implosion of stablecoin issuer Terra (LUNA) earlier this year dealt a big blow to the decentralization of crypto. In an interview with The New York Times, Vitalik Buterin says decentralization in the crypto space has been progressing in the right direction since the epic collapse of defunct digital …

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Ethereum’s dwindling NFT sales and buyers have a Solana twist which looks like…

Ethereum’s dwindling NFT sales and buyers have a Solana twist which looks like…

NFTs, once a trending keyword in 2021, are seeing their traction and popularity fade in 2022, especially as NFT metrics slide down. Big bulls such as Ethereum-based NFTs have, understandably, faced severe repercussions too. Ergo, the question – Can Ethereum’s competitors capitalize on this opportunity? If so, can it make its way back to the top? Raising …

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Solana NFT Game Launches on Epic Games Store

Solana NFT Game Launches on Epic Games Store

Epic Games Store hosts the new Solana game Star Atlas. A playable demo is available for NFT owners to sample. Star Atlas Launched on Epic Games Store The highly anticipated Solana NFT-based game Star Atlas finally launched on the Epic Games Store on 29 September 2022, with a live-streamed event. Although only currently available as …

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U.S.-based Facebook and Instagram users can now cross-post digital assets

U.S.-based Facebook and Instagram users can now cross-post digital assets

QUICK TAKE Facebook and Instagram users in the U.S. can now cross-post digital assets between platforms. Meta’s move adds functionality and visibility of digital assets across two of the most popular social media platform. Meta has added more digital asset functionality between two of its top social media platforms. “Today we’re announcing everyone on Facebook …

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XRP Ledger Platforms This Luxury Brand’s NFTs During Paris Fashion Week

XRP Ledger Platforms This Luxury Brand’s NFTs During Paris Fashion Week

At the forthcoming Paris Fashion Week, the luxury fashion house Balmain will present its NFT membership collection alongside its new clothes show. What makes these NFT creations special is that the basis for their creation is XRP Ledger, chosen by Balmain’s developer and partner, MINTNFT. The membership program, whose full name is “The Balmain Thread,” was created …

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Japan set to introduce anti-money laundering laws targeting crypto exchanges

Japan set to introduce anti-money laundering laws targeting crypto exchanges

Japan is ramping up its initiatives to regulate the use of cryptocurrency in aiding criminal activities through exchanges by revising some of the existing financial sector laws. In particular, Japanese regulators are set to introduce new remittance laws that will bar criminal entities from using crypto exchanges to launder money, Nikkei reported on September 27. The laws likely to take effect next spring will see a …

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NFT-focused Fund Finds Parallels to Traditional Venture Investing

NFT-focused Fund Finds Parallels to Traditional Venture Investing

Spencer Ventures, a crypto fund focused solely on NFTs, has decided to come out of stealth mode after receiving a $4 million check from a family office with $10 billion in assets under management. Blockworks spoke to the founder and fund manager, Spencer Gordon-Sand, about what it takes to raise a fund aimed at institutional …

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Shiba Inu adds over 35,000 holders in 3 months despite poor SHIB price performance

Shiba Inu adds over 35,000 holders in 3 months despite poor SHIB price performance

The ongoing crypto market volatility has significantly impacted meme coins like Shiba Inu (SHIB), which recorded unprecedented growth in 2021. Despite the depressed markets, a section of SHIB investors are potentially betting on the asset to rally by increasingly accumulating the coin ignoring the current market conditions. In particular, as of September 23, SHIB had 1,226,030 holding …

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