Beyond the NFT hype: Why NFT technology is flawed and buyers must beware
What does it mean to own an NFT, and why are some NFTs vanishing? Alexander Hobbs of Zenotta explains the weaknesses in NFTs’ underlying technology.
-
-
Hundreds of Bitcoin mining rigs seized in Malaysia police raids
Four people have been arrested and more than 400 Bitcoin mining machines seized by police in the Malaysian city of George Town.
-
What is yield farming in DeFi and how does it work?
One of DeFi’s hottest trends, yield farming can bring riches but is not for crypto beginners or those who can’t afford to lose. Forkast.News explains why.
-
Algorithm-generated NFT artwork sells at Sotheby’s for US$11.8M
Auction house Sotheby’s has sold a non-fungible token of a digital artwork known as “CryptoPunk, Alien #7523” for US$11.8 million.
-
Jump Trading partners with Solana-based DeFi protocol Oxygen
Jump Trading, a high-frequency trading firm, is joining Oxygen, a decentralized finance prime brokerage protocol, as a strategic partner and market-maker to provide liquidity on the Oxygen platform.
-
Saudis lead $30M Series A for China nationwide blockchain network manager
Beijing-based Red Date Technology — the face of China’s ambitious nationwide blockchain service network — receives a big investment boost.
-
Asian crypto exchange Kikitrade wins funds from UK billionaire Alan Howard
Kikitrade today announced a US$12 million fund raise with investment from British hedge fund billionaire Alan Howard to accelerate its growth.
-
Moonstake ties up with Uzbekistan exchange in blockchain push
Staking service provider Moonstake has partnered with UzNEX to provide blockchain consulting services in Southeast Asia and the Middle East.
-
UNICEF invests in blockchain startups for financial inclusion
UNICEF Venture Fund is awarding up to $100,000 to blockchain startups, including India’s GovBlocks, in its latest funding round. Here are the other projects.