NFTs just had their worst performing year since 2020: DappRadar
DappRadar found the NFT market last year was the worst since 2020 for trading and sales volumes, with both falling nearly 20% over 2024.
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SEC chair warns about ‘too good to be true’ returns amid market downturn
Gary Gensler added that he continued to be “intrigued with the technology,” but did not directly address if the SEC would approve a Bitcoin exchange-traded fund. 127 Total views 2 Total shares Gary Gensler, chair of the United States Securities and Exchange Commission, or SEC, reiterated his call for investor protection in securities offered by…

Missouri bill would ban CBDCs, make gold and silver legal tender
Missouri lawmakers have been trying hard to pass an anti-CBDC bill, and one of these days, they may succeed.

Smart contract-enabled insurance holds promise, but can it be scaled?
A new insurance world is coming where smart contracts replace insurance documents, blockchain “oracles” supplant claim adjusters, and decentralized autonomous organizations (DAOs) take over traditional insurance carriers. Millions of poor farmers in Africa and Asia will be eligible for coverages like crop insurance too, whereas before, they were too poor and too dispersed to justify…

Crypto derivatives market down but not out as $3B expiry sours the mood
Bitcoin (BTC) led the entire cryptocurrency market through a tumultuous period after the majority of the cryptoverse was painted red on May 19, a day now also referred to as “Black Wednesday.” BTC’s price fell below $40,000 for the first time since it blew past the resistance level on Feb. 9 on the back of the…

‘I can’t believe you morons actually buy this shit’: Banksy art burned and tokenized
The satirical piece by Banksy pokes fun at the shallow, bloated art industry... So, what would he think about NFTs? 2452 Total views 17 Total shares An original artwork by anonymous British street artist Banksy has been burned and turned into a nonfungible token. The NFT will be auctioned next week on the blockchain-based Rarible…

Kosovo police seize 300 crypto mining machines amid electricity shortages
The country’s Minister for Economy tweeted that the seizure of crypto mining machines will save “tens of thousands of Euros per month,” providing “energy for hundreds of Kosovar families.” 114 Total views 6 Total shares The police in Kosovo have ramped up their efforts to crack down on crypto miners in the country, confiscating more…

Don’t wait around for recovery, keep on building, says Web3 exec
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$24 million lost in second-largest day of DeFi liquidations
The Feb. 22 crypto market flash-crash liquidated more than $24 million worth of DeFi loans. with Compound users representing more than half of the margin calls. 2067 Total views 11 Total shares The Feb. 22 crypto crash has sparked the second-largest volume of DeFi liquidations in the sector’s history, with more than $24.1 million worth…