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Blockchain
Payments Firm Bolt Scraps Deal to Acquire Crypto Company Wyre
California-based online payments company Bolt is pulling out of an agreement to buy crypto provider Wyre. The news of the scrapped deal, which was agreed to earlier this year, comes amid plunging valuations in the crypto and fintech…
Russia’s Sberbank to Allow Users to Issue NFTs on Its Blockchain Platform
Recognizing existing demand for non-fungible tokens, or NFTs, one of the largest banks in Russia, Sberbank, now intends to allow users to issue them on its blockchain platform. The financial institution also plans to cooperate with art…
Europol Sees Tools to Tackle Crime in Cryptocurrency and Blockchain Technologies
Abuse expands with use in the case of cryptocurrency, Europol has acknowledged while also noting that blockchain technologies offer authorities a new opportunity to fight crime. Europe’s law enforcement agency also says they can help…
Japanese Government Rewards Local Authorities With Non-Transferable NFTs
According to reports, the Japanese government is one of the first countries to use non-fungible tokens (NFTs) as a supplementary award to local authorities that excelled in a digitization competition. The awards were given to local…
European Union Presents Project to Fight Counterfeiting by Using NFTs for 2023
The European Union (EU) is working on a project that involves blockchain architecture and the use of non-fungible tokens (NFTs) to fight counterfeiting and forgery. The project is the product of several meetings and blockchain hackathons…
LG to Launch Crypto Wallet Wallypto Later This Year
LG, the South Korean electronics giant, is currently developing a cryptocurrency wallet app that will be launched later this year. The wallet, called Wallypto, will be part of a new business phase for the company, which recently abandoned…
Ticket Marketplace Giant Ticketmaster Chooses Flow Blockchain for NFT Push
This week, Ticketmaster Entertainment, Inc. revealed the company will give event organizers the ability to mint non-fungible token (NFT) tickets via the Flow blockchain. Last November, Ticketmaster said it was working with Polygon but since…
Meta Reveals Cross-Posting NFT Compatibility Between Facebook and Instagram
Meta, the corporate entity behind the social media platforms Instagram and Facebook, has revealed that non-fungible token (NFT) support now offers cross-posting compatibility between the two major social media platforms. The digital…
Dubai Regulator Announces Virtual Assets Marketing and Advertising Guidelines
The Dubai virtual assets regulator, the Virtual Asset Regulatory Authority (VARA), has unveiled digital assets marketing and promotion guidelines that are applicable to any entity using Dubai-based media sites and publishing channels. The…
Lower costs, higher speeds after Ethereum’s Merge? Don’t count on it
There’s a lot of hype surrounding Ethereum’s Merge. But in reality, most users aren’t going to notice much change.
As we approach the date of Ethereum’s Merge, users have speculated about what it will mean for projects and the wider…
