McDonald’s metaverse in Singapore, South Korea classifies NFTs as virtual assets: Nifty Newsletter

Unlike restricted proof-of-work (PoW) blockchains like Bitcoin, the Polkadot blockchain allows cross-blockchain transfers of any asset or data, facilitates more transactions per second and needs less infrastructure.Polkadot uses a nominated proof-of-stake (NPoS) blockchain centered on interoperability of parachains that connect to and are secured by the Relay Chain. Validators can validate both the Relay Chain…

Electric Coin Company (ECC), which launched and supports the development of privacy-coin Zcash recently published a paper called: Halo: Recursive Proof Composition without a Trusted Setup.On Sept. 10, ECC announced in a blog post that engineer and cryptographer Sean Bowe had discovered a way of “creating practical, scalable and trustless cryptographic proving” techniques, which claims…

The committee members suspect the Fed is trying to hold up Congressional efforts to pass stablecoin legislation by restricting banks’ actions. 253 Total views 5 Total shares The Federal Reserve is seemingly running interference with congressional efforts to regulate stablecoins, according to a letter recently sent to Fed Chairman Jerome Powell. The letter came from…

In my fifth journal entry, I provide updates on my previous Bitcoin (BTC) position, highlight a new BTC position, and discuss a recent altcoin trade on Ankr Network (ANKR). BTC/USDSetting up the tradeEntries: $7,940, $7,900Targets: $8,395, $8,949, $9,723Stop loss: I set the stop loss at $7,834 which is below the ascending channel support with a bit…

Leading Bitcoin Cash (BCH) developer Amaury Séchet announced his departure from the development team of BCH node software Bitcoin Unlimited in a Medium post published on March 25.In his post, Séchet criticizes Bitcoin Unlimited project management and saying that it led to inefficient development and avoidable vulnerabilities in the code. He further notes that when…

The 12-year-old dog had appeared in memes with Dogecoin's own inspiration, the Shiba Inu named Kabosu, including ‘Swole Doge vs. Cheems’. Cheems Balltze, the dog behind viral images of the Shiba Inu enjoying cheeseburgers, died in his sleep on Aug. 18 amid a battle with cancer. The dog, also called “Ball Ball”, was 12 years old…

Even though the digital asset market seems to be witnessing a bit of a lull at the moment, the adoption of crypto-centric tech has continued to move forward with a full head of steam globally. Africa, in particular, is a continent where a growing list of mainstream financial entities have continued to make their presence…

Central bank digital currencies (CDBCs) can help improve counterparty credit risk for cross-border interbank payments and settlements, according to a new in-depth report jointly published by the central banks of Canada, the U.K. and Singapore, Nov. 15.A CBDC is a digital currency issued by a central bank whose legal tender status depends on government regulation…