According to the founder and CEO of virtual party platform Party.Space, niche “Microverse experiences” will be the future of the Metaverse. Rather than “building a big Metaverse and selling some land there,” Yurii Filipchuk says that Web3 creators should focus their efforts on “exploring the best way to interact online” with online communities. The idea is that each online community…
The president of Turkey, Recep Tayyip Erdoğan, has reportedly instructed the country’s ruling party to conduct a study on cryptocurrency and the metaverse. “It is a sensitive subject, a good and meticulous study should be done,” said President Erdoğan. Turkish President Wants the Ruling Party to Study Crypto and the Metaverse Turkish President Recep Tayyip Erdoğan reportedly discussed cryptocurrency and…
In brief Governor Abbott thinks Bitcoin mining could incentivize power production that stabilizes the Texas grid. Other jurisdictions have outlawed Bitcoin miners for placing added stress on their grids. In recent months, Texas Governor Greg Abbott has made concentrated efforts to bring the crypto industry to his state. Besides seeing it as lucrative, he believes the growth of Bitcoin miners…
We’re thrilled to announce that Kraken now supports staking for TRON (TRX) holders! Head into the Earn section of your account to start earning rewards on your TRX today. Note: TRON Staking is not available to residents of the US, Canada, Australia and Japan. What is TRON? TRON is a smart-contract-enabled blockchain platform where developers can deploy their own decentralized…
Coinbase is proud to be one of the most trusted platforms in crypto, and we recognize that the best way to build trust with our customers is through transparency. That’s why we want to highlight some of the recent changes we made to our user agreement. We encourage you to carefully read the agreement in full before you accept, but…
Joe Biden’s White House is expected to issue an executive order in the coming weeks about actions the U.S. government will take regarding digital assets. A source “familiar with the White House’s plan” told Barron’s that the executive order would be issued in a national security memorandum. Biden’s memorandum would assign some government entities to study crypto, stablecoins, and nonfungible…
NFT marketplace OpenSea has backflipped on a controversial decision to limit the number of NFTs and collections creators can mint using its smart contract. The platform previously allowed unlimited collections and items, but changed its policy to only allow five NFT collections with 50 items per collection when using OpenSea’s collection storefront contract. The unexpected announcement from OpenSea’s Twitter Support…
We’re thrilled to announce that Kraken now supports Akash Network (AKT)! Funding and Trading You can add AKT to your Kraken account by navigating to Funding, selecting the asset, and hitting Deposit. Trading will begin February 1. Here’s what you need to know: Ticker AKT Tradeable against USD, EUR Price precision 4 decimal places Deposit confirmations required 0 (near-instant) Not…
Lloyd Blankfein, a former Goldman Sachs CEO who is now the firm’s senior chairman, says his view on cryptocurrency is evolving. “I look at the crypto, and it is happening,” he added. Goldman Sachs Executive Lloyd Blankfein Says Crypto ‘Is Happening’ Lloyd Blankfein, a former Goldman Sachs CEO who has voiced skepticism about cryptocurrency in the past, said in an…
Flushing Financial Corporation, the parent company behind New York-based Flushing Bank has partnered with crypto firm New York Digital Investment Group (NYDIG) to offer Bitcoin (BTC) services to its customers. The bank was founded in 1929 and according to its Q4 report it held more than $8 billion worth of assets at the end of 2021, with a net income…
