Monthly Archives: April 2022

Axie Infinity was a pioneer of the play-to-earn movement and the project inspired new Web3 applications that aspire to apply the earning model to their respective ecosystems. The latest project to join the move-to-earn movement is STEPN, a Solana-based Web3 application where owners of the NFT sneakers earn as they walk. STEPN has programmed a few…

Although NFTs have been a part of the cryptocurrency market since 2014, interest and adoption ha risen rapidly over the last two years. At their height in August 2021, the total trading volume of NFTs rose to over $5 billion, kickstarting what briefly came be to known as “NFT Summer”.According to a report by Coingecko, the…

The regulatory agency asked crypto firms to adopt methods to ensure greater risk assessment for potentially problematic transactions. 74 Total views 2 Total shares In a letter published on Thursday, the New York State Department of Financial Services, or NYDFS, recommended that all virtual currency companies operating under New York banking law adopt blockchain analytics…

Ukraine continues to use crypto and NFTs to fund the two-month long ongoing Russia-Ukraine war. 154 Total views 3 Total shares Mykhailo Fedorov, Vice Prime Minister of Ukraine and Minister of Digital Transformation of Ukraine, tweeted that the Ukrainian government will accept war effort contributions in the form of nonfungible token (NFT) donations and purchases. Via…

Software Freedom Law Center legal director Mishi Choudhary supported tokens that were not quite CBDCs nor cryptocurrencies, but with cash-like privacy features many users may want. 132 Total views 21 Total shares Mishi Choudhary, the legal director of the Software Freedom Law Center, supported the efforts of some United States lawmakers to develop an electronic…

More than 550 million active users surf messages on Telegram each month. 344 Total views 3 Total shares As told via a Twitter post on Tuesday, instant messaging app Telegram has rolled out crypto payments via Ton Token.To access the feature, users first need to download and install Telegram's official Wallet bot, which allows them…

Former CFTC head Giancarlo said a “central bank mindset” is holding crypto back, and Wetjen saw the need for more entrepreneurialism in regulatory agencies. 186 Total views 3 Total shares Former Commodity Futures Trading Commission (CFTC) chairman Chris Giancarlo, known by some as Crypto Dad during his tenure from 2017 to 2019, spoke on the…

Not everyone is convinced that Elon Musk’s takeover of Twitter will promote free speech. 558 Total views 2 Total shares Aave (AAVE) founder Stani Kulechov was temporarily suspended from Twitter this week, mere hours after joking that he was joining the social media company as interim CEO.“BREAKING: Joining Twitter as interim CEO,” Kulechov tweeted on…