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September 2022

Blockchain infrastructure firm Chain will sponsor New England Patriots football team

Chain will work to develop Web3 experiences for visitors to Gillette Stadium and Patriot Place by “merging the physical with the digital.” Chain, a blockchain infrastructure firm that offers developers Web3 services to build and maintain blockchain-based applications, will sponsor the New England Patriots football team as well as other venues and sporting clubs controlled […]

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VeeFriends, Degen Toonz and DigiDaigaku on Heels of Top 3 NFT Collections

A trio of non-fungible token (NFT) projects have been surging recently, just behind some of the highest profile ones this year. The Sandbox, a blockchain-based metaverse real estate platform, came in at the top spot on LunarCrush’s Top 10 AlternativeRank NFTs projects, based on social media and market activity. It was followed by a surging Ethereum Name Service in second,

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Polkadot Now Allows Tether (USDT) to Be Minted on Its Blockchain

Tether, the company operating blockchain-enabled platform Tether.to that powers the largest stablecoin by market capitalization and the third largest cryptocurrency, announced today the launch of Tether (USDT) on Polkadot. The launch would allow Tether to move in and out of the Polkadot network. Dan Reecer, chief growth officer at Acala Network, tweeted on the development:

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Here’s how much the world’s biggest celebrities paid for their NFTs

The idea of buying and selling crypto art via non-fungible tokens (NFTs) has sparked a craze on the internet that even A-list celebrities cannot ignore. The encrypted art stored on the blockchain represents individual pieces of digital material purchased using cryptocurrencies. According to data analyzed by Finbold, the combined value of the five separate purchases made by celebrities

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Cardano Needs One More Upgrade Before Vasil Improvements Are Completed

In Brief Developers will have access to the new features of Cardano’s recent Vasil upgrade from Sept. 27. In addition to several back-end developments improving network capacity, the underlying programming language Plutus was also updated. After trials, one project reported a 90% decrease in script size and a 75% cost reduction. The new capabilities of Cardano’s

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White House issues crypto regulatory blueprint

White House issues crypto regulatory blueprint

White House issues crypto regulatory blueprint After six months of research into the cryptocurrency business, the White House unveiled the “first comprehensive framework for the sustainable growth of digital assets”. Describes the findings and recommendations of various government agencies. President Biden’s executive order, signed in March of this year, mandated the study of cryptography. The

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CoinFLEX Invites Creditors to Take the Biggest Part of Them

CoinFLEX has proposed a restructuring plan that would see creditors own 65% of the company. The plan, which faces a vote next week, would result in series A shareholders losing their stake in the company. Series B holders would do rather better, retaining their stake in the company as well as future equity. The company

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Metaverse land trading volume drops 98% from its peak in 2021

After unprecedented growth in 2021, trading volume for virtual land in the metaverse has plunged alongside the wider crypto market price collapse. Indeed, virtual trading volume tracking sales for 18 metaverse virtual land projects plunged by about 98% from 2021’s high as of September 12, 2022. The volume peaked in November 2021 at slightly above $8 million, according to Delphi Digital data published

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South Korean gov has confiscated 260B KWR in crypto for non-payment of taxes since 2021

The country began seizing crypto to offset tax arrears last year. NEWS   According to local news outlet mk.co.kr, the South Korean government has seized over 260 billion Korean won ($180 million) worth of cryptocurrencies in the past two years due to tax arrears. The country’s politicians enacted regulations allowing for the seizure of digital currencies for

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Algorand Price Prediction: Up 10% to $0.35, Can ALGO Get Back Above $1.00?

ALGO, the native token for the Algorand blockchain, has marked significant gains over the past few days, despite the bearish crypto market trend. Are these gains merely a consolidation before a further downward push, or could ALGO be ready for a massive bull run? ALGO Price Action Over the past week, cryptos have experienced significant

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