What is ENS (Ethereum Name Service) and how does it work?
ENS allows for a readable username that is portable across dApps and blockchains. Why is it important for the Web 3.0 world? Forkast.News explains.
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OpenSea’s Wall Street waltz disappoints NFT devotees
OpenSea IPO plans in choppy waters. Crypto markets crumble. Bitcoin mining power struggles.
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Australia announces biggest overhaul to payments in 25 years — eyes now set on crypto
As part of a broader attempt to address Australia’s payments industry, the government offers a roadmap to where crypto regulation can lead in 2022.
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Iceland turns away new crypto miners amid power shortage: report
Iceland, which is suffering from a power shortage, is reducing electricity to some industrial clients and turning away new requests for power from cryptocurrency miners, reported Bloomberg, citing a statement from national power company Landsvirkjun. Fast facts The Nordic island nation is now reducing power supply for heavy consumers, including aluminum smelters, data centers and…
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Blockchain investigation firm TRM Labs raises $60M led by Tiger Global
Blockchain intelligence firm TRM Labs has raised US$60 million in a Series B funding round led by investment firm Tiger Global, the company announced on Tuesday. Fast facts Also participating in the financing round were American Express’ Amex Ventures, Visa, B Capital Group, Citi Ventures, DRW Venture Capital, Blockchain Capital, Jump Capital, Marshall Wace, Block…
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South Korean presidential candidate urges greater national leadership on digital assets
Lee Jae-myung, the ruling Democratic Party’s candidate for the 2022 South Korean presidential election, says cryptocurrency is already an integral part of the lives of Korean citizens and the country needs to be a leader in virtual assets. Fast facts At an invitational lecture at Seoul National University’s finance and economics seminar, Lee said that…
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Bitcoin crash drags down South Korean NFT game stocks
South Korean game shares fell sharply, just a few weeks after announcements of new NFT metaverse ventures sent the shares up.
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Manny Pacquiao launches esports team in midst of presidential campaign
‘Team Pacquiao GG’ may be coming soon to League of Legends and Axie Infinity. But whatever happened to the former pro boxer’s Pac token?
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Crypto exchange Coinhako secures investment from SBI, Sygnum, Azimut
Singapore-based cryptocurrency trading platform Coinhako has received backing from the SBI-Sygnum-Azimut Digital Asset Opportunity fund, with the fundraising round being three-times oversubscribed, according to a statement released today. Fast facts The fund is a venture capital fund co-managed by Japan’s SBI Group, Switzerland’s Sygnum Bank — which claims to be the world’s first digital asset…
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Kotak 1st major Indian bank to embrace crypto with WazirX partnership
Kotak Mahindra Bank, a leading private bank in India, has struck a partnership with crypto exchange WazirX, the Economic Times reported. Fast facts WazirX has opened an account with Kotak that can be used to pay and receive money from investors, according to the ET report. The account will be activated after the completion of…