Which altcoins will take center stage in 2022?
Investors believe Bitcoin will stand its ground this year but in the altcoins world, some rising stars are brimming with potential.
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1 in 3 Filipino gamers would quit jobs to play NFT games: survey
One in three gamers among 1,103 respondents are willing to quit or will consider resigning from their professional positions to play non-fungible token (NFT) games full time, according to a survey conducted by NFT gaming platform Balthazar. See related article: Top NFT game Axie Infinity generated $1.3B in revenue last year Fast facts Among the…
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Chinese video streamer MangoTV NFT sells out in seconds
MangoTV, a Chinese video streaming platform with 50.4 million subscribers, launched its non-fungible token (NFT) marketplace on Monday, as its first batch of collectibles sold out within seconds since opening. See related article: China plans crackdown on illegal fundraising in metaverse, NFTs Fast facts MangoTV is owned by the state-backed Hunan Broadcasting System and is the…
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LG first in S.Korea cosmetics industry to digitize beauty brand with NFTs
LG Household & Health Care is minting 3,000 non-fungible tokens (NFTs) on OpenSea to promote its beauty brand Belif with plans to further expand linkage with the metaverse. See related article: TV home shopping in South Korea moves to the metaverse Fast facts LG’s Klaytn blockchain-based NFT collection consists of 12 characters from the Belif…
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How crypto is driving diversity and gender equality
While crypto used to be associated with a ‘bro’ culture, it is now maturing into a hotbed for inclusivity, writes Cynthia Wu of Matrixport.
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Binance wins license in Bahrain, explores acquisition of Brazilian brokerage
Binance has obtained a license from the Central Bank of Bahrain to operate as a crypto service provider, marking a significant step for the crypto exchange to expand in the Middle East. See related article: Binance eyes gaming, e-commerce in upcoming acquisition spree Fast facts Binance will be allowed to offer crypto trading, custodial and…
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EU votes against de facto Bitcoin mining ban
The European Parliament voted on Monday against a de facto ban on cryptocurrencies that rely on energy-intensive proof-of-work (PoW) consensus mechanisms, such as Bitcoin, from its proposed Markets in Crypto Assets (MiCA) framework. See related article: How serious is the threat of Bitcoin mining to the environment? Fast facts The Parliament’s Economic and Monetary Affairs…
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Ripple proposes S. Korea distinguish between cryptocurrencies for regulatory clarity
Ripple, a blockchain-based digital payment network, has made a proposal for South Korea to make clear distinctions in cryptocurrencies between payment tokens, utility tokens, and security tokens, in a policy paper released on Tuesday. Read related article: Amid SEC lawsuit, Ripple buys back stock and raises value to US$15B Fast facts Ripple’s policy paper says…
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Oracles are vital to DeFi. Here’s how they are evolving
In an era when anyone can claim anything as ‘truth,’ it’s more important than ever for oracles to be trustworthy and secure, writes Hart Lambur of UMA.