Non Fungible Tokens (NFTs)

Bank of Ghana to foster financial inclusion through CBDC project

Kwame Oppong, an executive at Ghana’s central bank, told Cointelegraph that a CBDC could give their citizens the opportunity to use a “decent form of payment.” INTERVIEW   As more countries make progress in terms of developing and implementing central bank digital currencies (CBDCs), Ghana’s central bank aims to keep up and complete its research on CBDCs with …

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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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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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Japan’s Crypto Regulator Warns Exchanges’ Self-Regulating Body, Criticizes Management

Japan’s Crypto Regulator Warns Exchanges’ Self-Regulating Body, Criticizes Management

The Financial Services Agency (FSA), Japan’s crypto market regulator, has issued a renewed warning to the Japan Virtual Currency Exchange Association (JVCEA), the country’s crypto exchanges self-regulatory body, about the October full-scale implementation of FATF travel rules for crypto. Local news outlet CoinPost reports that the FSA also criticized the management of the JVCEA. In particular, the …

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Cross-chain Bridging is Broken – But We Know How to Fix It

Cross-chain Bridging is Broken – But We Know How to Fix It

Kadan Stadelmann is the Chief Technology Officer (CTO) of Komodo (KMD), a decentralized, open-source blockchain and a major player in blockchain interoperability and atomic swap technology. __________ 2022 has illuminated problems in cross-chain bridge architecture As of August 2022, there’s been $2 billion total in crypto losses, with 69% of stolen crypto funds originating from hacking protocols …

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Will these Solana [SOL] updates finally be enough to push the price

Will these Solana [SOL] updates finally be enough to push the price

At the time of writing, Solana’s (SOL) seven-day performance was pretty sluggish as it failed to register any promising gains. Though the prevailing crypto-market is a factor behind this performance, there might be other reasons as well. Nonetheless, there have been several positive developments in the Solana ecosystem that have the potential to change SOL’s fate. …

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Step Aside STEPN, There’s a New Move2Earn APP That Requires SWEAT

Step Aside STEPN, There’s a New Move2Earn APP That Requires SWEAT

The crypto space is fraught with several opportunities to reward individuals for participation. In less than two weeks after its launch, SWEAT is focused on becoming the new king in the move-to-earn niche, taking the crown from STEPN. The free move2earn blockchain platform started as a web2app in 2016, rewarding every user with one Sweatcoin for every 1000 …

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Azuki Among Latest NFT Projects To Gain VC Funding Chiru Labs would reportedly be valued at least 0 million once the round closes

Azuki Among Latest NFT Projects To Gain VC Funding Chiru Labs would reportedly be valued at least $300 million once the round closes

Art and NFT collector Adrien Cheng may be involved in Chiru Labs’ raise An official announcement from Chiru Labs and Azuki founder is still anticipated At first, Twitter rumor had it that the Azuki NFT project had raised a round of funding that brought its creator company, Chiru Labs, to a valuation of $1.4 billion. That unconfirmed …

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Harmony Protocol Amends Recovery Plan After 0 Million Horizon Bridge Exploit

Harmony Protocol Amends Recovery Plan After $100 Million Horizon Bridge Exploit

Summary: The team published an amended bridge recovery plan featuring 0% token mints and treasury vault deployment. A previous plan recommended forking the chain and minting more ONE tokens but the community voted against such a move. Recovery plans became a hot topic in the Harmony community after the protocol’s Horizon bridge suffered a $100 …

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VeeFriends, Degen Toonz and DigiDaigaku on Heels of Top 3 NFT Collections

VeeFriends, Degen Toonz and DigiDaigaku on Heels of Top 3 NFT Collections

A trio of non-fungible token (NFT) projects have been surging recently, just behind some of the highest profile ones this year. The Sandbox, a blockchain-based metaverse real estate platform, came in at the top spot on LunarCrush’s Top 10 AlternativeRank NFTs projects, based on social media and market activity. It was followed by a surging Ethereum Name Service in second, …

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