Bitcoin avoids European ban as lawmakers decline to outlaw ‘proof of work’
Top blockchain and crypto news: PoW spared as Europe revamps MiCA rules. Yuga Labs acquires CryptoPunks rights. China’s Mango TV makes NFT debut.
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China lashes out at crypto fraud on World Consumer Rights Day
No more Burger King, Nike and Muji. This year’s annual focus on marketplace abuse names and shames crypto scams.
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Mutant Ape Yacht Club becomes 5th NFT collection to join the $1B club
Mutant Ape Yacht Club (MAYC) became the fifth non-fungible token (NFT) collection to cross US$1 billion in all-time sales on Wednesday, according to data from CryptoSlam. See related article: Mutant Ape NFTs collect $140 million on OpenSea market Fast facts Axie Infinity occupies the top spot in sales volume with over US$4 billion, followed by…
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Terra founder bets millions on LUNA’s annual growth
Terraform Labs CEO and founder Do Kwon has accepted bets worth millions of dollars on Terra’s cryptocurrency LUNA trading higher than US$88 in a year’s time, which was the price of the token at the time of the bet. See related article: Is Terra — whose LUNA coin is now at another all-time high —…
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Crypto is playing a prominent role in the Ukraine War — on both sides of the conflict
Amid Russia’s invasion of Ukraine, two divergent narratives about crypto are being told, writes Alex Tapscott. Which version is correct?
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Vogue NFTs for humanitarian aid in Ukraine list on OpenSea
Vogue Singapore and Vogue Ukraine have listed a non-fungible token (NFT) collection “Fashion for Peace” on the OpenSea marketplace to raise funds for humanitarian relief efforts in Ukraine. See related article: Two sides to every coin: Crypto as a weapon in the fight for Ukraine Fast facts See related article: Ukraine to launch NFT ‘museum’…
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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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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…