Vitalik Buterin breaks down 2023 Ethereum Foundation spending
The Ethereum Foundation increased yearly spending on new institutions, which accounted for 23.8% of the foundation’s expenses in 2022.
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Gavin Wood introduced a major infrastructure development for Web3 citizenship, while Hashkey’s CEO forecasted a resurgence in the DeFi market driven by lower interest rates.
SBI announces crypto joint venture with Swiss digital exchange SIX
The crypto venture is expected to formalize its operation by the end of 2021 and start offering its services by early 2022. 914 Total views 20 Total shares SBI Digital Asset Holdings, a fully owned subsidiary of Japanese banking giant SBI Holdings, announced a joint crypto venture with Switzerland’s SIX digital exchange (SDX). The joint venture…
17% of addresses snapped up 80% of all Ethereum NFTs since April
According to research from Moonstream the top 16.71% of all NFT hodlers on Ethereum owned 80.98% of NFTs between April 1 and Sept. 25. 220 Total views 5 Total shares Open source blockchain analytics firm Moonstream published a report which found that around 17% of addresses control more than 80% of all NFTs on Ethereum.…
Ripple Touts XRP Use in New Crypto Framework Suggested for India
American fintech firm Ripple has proposed a policy framework for regulating crypto in India amid local crypto uncertainty.In an effort to persuade Indian authorities to support fintech regulation and the growing crypto industry, Ripple issued a policy paper addressed to local legislators.India as a dominant use-case for cross-border payments and remittancesReleased on June 18, Ripple’s…
GameFi investors are now prioritizing fun factor over money: Survey
While roughly half of the investors joined the GameFi space initially for profits, 89% of GameFi investors succumbed to Crypto Winter 2022. 240 Total views 25 Total shares GameFi, the fusion of gaming and decentralized finance (DeFi), attracts a set of investors that tend to choose projects based on their use case rather than money-generating…
European Central Bank Policy Maker Calls Crypto ‘a Fairy-Tale Story’
A member of the Governing Council of the European Central Bank (ECB) has warned that “the [cryptocurrency] bubble has already started to collapse,” Bloomberg reported Jan. 7.Speaking at a conference in Riga, Latvia, Ardo Hansson — also the governor of Estonia’s central bank — stated that digital currencies will end up as a “complete load…
First NFT-focused ETF lists on NYSE Arca
The launch comes as Cointelegraph Research projects nonfungible token (NFT) sales will hit nearly $18 billion by the end of the year. 459 Total views 4 Total shares On Thursday, registered investment adviser and fintech firm Defiance announced it has launched the first nonfungible token (NFT)-focused exchange-traded fund (ETF) on the New York Stock Exchange…
NFT vending machine to make digital art more accessible at London event
Proceeds from the NFT vending machine at this year's NFT.London event will be donated to charity. 298 Total views 3 Total shares Multi-chain nonfungible token (NFT) marketplace myNFT has announced it will showcase its first-ever physical NFT vending machine at this year's NFT.London event scheduled for Nov. 2–4. The NFT platform hopes to provide an easy…