Buyers snap up Olympics panda NFTs
Animoca Brand’s nWayPlay sold out second batch of Bing Dwen Dwen mascot NFTs on Thursday as prices of first set fetched 900% in average resale value.
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Crypto market rebound is short-lived as Russia tensions loom
Investor relief at last week’s slight market rebound gave way to concerns over military tensions in Ukraine, sending crypto and traditional markets reeling.
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South Korean university to issue NFTs to all 2,830 graduates
South Korea’s Hoseo University will issue non-fungible token (NFT) degrees and certificates to all 2,830 graduates of its 2021 batch at its graduation ceremony on Friday. See related article: Samsung-backed university to issue NFTs to select graduates Fast facts The university hopes the pivot from a paper-based degree to NFTs will improve access to administrative…
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Biden to order crypto oversight: report
President Biden’s executive order directing agencies to devise a comprehensive strategy to regulate cryptocurrencies and other digital assets and examine a digital dollar may be issued next week, according to Yahoo! Finance. Fast facts The order, expected weeks ago, was delayed by a disagreement between the White House and the Treasury over its scope, Bloomberg…
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Hong Kong makes apt testbed for e-CNY cross-border use
The city’s global reach, Hong Kong dollar and mainland ties make it a good fit for Chinese authorities to trial e-CNY international payments.
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Animoca Brands’ new Japan arm aims to connect fans in Web 3.0 world
Hong Kong-based blockchain unicorn Animoca Brands’ Japanese strategic subsidiary started operations on Tuesday to bridge the nation’s exclusive intellectual property (IP) with the Web 3.0 ecosystem. See related article: Animoca Brands valued at US$5B after latest fundraise Fast facts The subsidiary, Animoca Brands KK, is building a blockchain-powered platform for Japanese IP holders to launch…
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Indian media giant’s Fully Faltoo NFTs sell out in 48 hours
Indian media staple Viacom18’s Youth, Music and English Entertainment Cluster (YME) released 3,000 Fully Faltoo non-fungible tokens (NFTs) that sold out within 48 hours since launching, the company said in a press release on Wednesday. See related article: WazirX launches India’s first NFT marketplace Fast facts Fully Faltoo is a local award-winning sitcom program that…
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How DeFi’s user interface problems are deterring widespread adoption
DeFi can put investors at risk if they don’t understand how it works, writes Korapat Arunanondchai. Here’s how to improve user experience.