NFT sales decline for sixth straight month despite tailwinds
While October saw the emergence of two very popular NFT collections, sales failed to break US$500 million in the lowest figures since July 2021.
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Hong Kong announces policies to win back role as digital asset hub
Hong Kong reveals digital asset policies to distinguish itself from China, where cryptocurrency trading was banned in September last year.
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NFT ‘hype cycle’ over, major changes expected in 2023: report
New York-based technology consulting firm, Activate Consulting, has projected that 2023 will see “the end of NFTs hype cycle” with the token class expected to undergo major changes in how they are used and regarded.
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Hong Kong set to relaunch itself as digital asset hub with revamped policies
When China banned cryptocurrency trading and mining in September 2021, it was feared that policy would make its way into Hong Kong. Seems that concern is getting a rethink.
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Aptos debut underwhelms amid questions over design and performance
Top blockchain and crypto news: Aptos launch falls short. Why FTX chief is calling for crypto regulations. Is Hong Kong paving way for a retail CBDC?
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Singapore court issues ‘huge’ NFT decision, allows papers to be served via blockchain
The lead counsel for the plaintiff in the case has called Friday’s ruling a decision with implications for the global blockchain industry
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Markets: Bitcoin price back above US$20,000, Ether jumps as U.K. votes to regulate crypto
Bitcoin was trading above US$20,000 for the first time in almost three weeks on Wednesday morning trading in Asia.
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Reddit NFT trading volume hits all-time daily high as avatars sell out
Reddit non-fungible token (NFT) avatar trade volumes hit an all-time high, with sales exceeding US$2.5 million in the past 24 hours.
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Bitcoin mining difficulty logs new high, up 3.4%
Bitcoin mining difficulty has reached a new high after a 3.44% increase in Monday’s biweekly adjustment, according to data from BTC.com.
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‘Chinese Netflix’ iQIYI taps smart contract ERC-3475 to resolve copyright disputes
iQIYI, one of China’s largest online video platforms with over 100 million subscribers, is tapping Ethereum smart contract standard ERC-3475 to solve copyright-related issues, according to a press release on Sunday from the standard’s inventor, decentralized bond protocol DeBond.