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February 2022

Counterfeit NFTs result in marketplace suspension: Experts weigh in

Counterfeit NFTs result in marketplace suspension: Experts weigh in

Leave a Comment / NFTs /

The NFT Platform famous for minting Jack Dorsey’s first tweet has halted NFT operations amid counterfeiting and illicit activity calls. “Rampant” issues relating to minting counterfeit nonfungible tokens, or NFTs, have forced popular platform Cent to halt some operations. Founded in 2017, Cent kicked off as a “social network and informal platform for creative experimentation.” […]

Counterfeit NFTs result in marketplace suspension: Experts weigh in Read More »

India Should Ban Cryptocurrencies, Says RBI Deputy

India Should Ban Cryptocurrencies, Says RBI Deputy

Leave a Comment / Cryptocurrency, Regulation /

India should ban cryptocurrencies as they are related to Ponzi schemes or worse and they pose a threat to financial and macroeconomic stability, a deputy governor at the Reserve Bank of India (RBI) said. “We have also seen that cryptocurrencies are not amenable to definition as a currency, asset or commodity; they have no underlying cash flows,

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Cere Network and Polygon Launch ‘NFT Content Monetization’ Platform Davinci

Cere Network and Polygon Launch ‘NFT Content Monetization’ Platform Davinci

Leave a Comment / Crypto/Blockchain /

On February 14, Cere Network and Polygon launched a non-fungible token (NFT) marketplace and Web3 platform called Davinci, a project that aims to bolster the security behind NFT data. The platform is described as an “all-in-one Web3 media platform” that leverages Cere’s decentralized data cloud (DDC) platform and the proof-of-stake blockchain network Polygon. Cere Network

Cere Network and Polygon Launch ‘NFT Content Monetization’ Platform Davinci Read More »

DRAKE WINS MORE THAN MILLION IN BITCOIN ON SUPER BOWL BET

DRAKE WINS MORE THAN $1 MILLION IN BITCOIN ON SUPER BOWL BET

Leave a Comment / Bitcoin News /

Superstar rapper Drake won two of his three Super Bowl LVI bets, taking home over $1 million in bitcoin winnings. Viral Canadian rapper Drake made waves last week when he placed over $1.26 million of BTC in bets for Super Bowl LVI, taking to Instagram to show the world his gamble on the Bitcoin casino and sports betting platform, Stake.

DRAKE WINS MORE THAN $1 MILLION IN BITCOIN ON SUPER BOWL BET Read More »

European stocks climb as Russia starts returning some troops to bases; Stoxx 600 up 1%

European stocks climb as Russia starts returning some troops to bases; Stoxx 600 up 1%

Leave a Comment / Stock market /

KEY POINTS Russian Defense Ministry spokesman Igor Konashenkov was quoted as saying military units from the southern and western districts of Russia had already begun returning to their garrisons Earnings remain a key driver of individual share price movement in Europe, with Glencore, Engie, Randstad and DSM among the companies reporting before the bell on

European stocks climb as Russia starts returning some troops to bases; Stoxx 600 up 1% Read More »

UK tax authority makes first NFT seizure in VAT fraud case

UK tax authority makes first NFT seizure in VAT fraud case

Leave a Comment / NFTs, Regulation /

The tax authority made three arrests in connection with a suspected tax evasion using shell companies and false identification. Her Majesty’s Revenue and Customs (HMRC), the chief tax authority in the United Kingdom, has seized three nonfungible tokens (NFT) associated with a suspected tax evasion fraud. The tax watchdog claimed it was the first U.K.

UK tax authority makes first NFT seizure in VAT fraud case Read More »

BTC Liquidity Tightens as Bitcoin Held by Exchanges Hits 6-Month Low

BTC Liquidity Tightens as Bitcoin Held by Exchanges Hits 6-Month Low

Leave a Comment / Bitcoin News, Top Alt Coin News /

While the price of bitcoin is 38% lower than its $69K price high three months ago, the amount of bitcoin on exchanges is at its lowest figure since April 2021. At the end of July last year, there was 2.59 million bitcoin held by crypto trading platforms, and today there’s only 2.36 million held by

BTC Liquidity Tightens as Bitcoin Held by Exchanges Hits 6-Month Low Read More »

South Korean University to Present NFT Certificates for Graduates

South Korean University to Present NFT Certificates for Graduates

Leave a Comment / NFTs /

Sungkyunkwan University (SKKU), a top private university in Suwon, South Korea, seeks to add flavour to its graduation ceremony slotted onFebruary 16, by offering (non-fungible token) NFT certificates to three graduators because of their excellent performance in school. According to local news coverage, the announcement reads: “If the certificate is made with NFT, the advantage is that

South Korean University to Present NFT Certificates for Graduates Read More »

DBS Plans to Launch Retail Digital Assets Trading Desk by Year End

DBS Plans to Launch Retail Digital Assets Trading Desk by Year End

Leave a Comment / Business, Cryptocurrency /

DBS CEO Piyush Gupta says there’s a lot of work to be done, but the bank expects platform to be live by end of 2022. Singapore’s DBS Bank, which opened an institutional digital assets trading desk in early 2021, is planning on expanding its digital assets trading offerings to retail investors by the end of the

DBS Plans to Launch Retail Digital Assets Trading Desk by Year End Read More »

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