In brief “Noun glasses” from the Nouns NFT project will show up in a Bud Light commercial that will run during Super Bowl LVI. The beer brand was given a Nouns NFT as part of a partnership with the Nouns DAO, which passed a proposal via community vote to execute the agreement. On Monday, Bud Light revealed a Super Bowl…
The legal entity that leads development of the Web3 app Ethereum Name Service (ENS), True Names Limited (TNL), has terminated Brantly Millegan’s contract this morning. Millegan is the director of operations at ENS, a solution that turns complicated Ethereum addresses into easily readable “.eth” addresses. “TNS, the nonprofit that funds and organizes the development of ENS, has terminated the contract…
The price of Shiba Inu (SHIB) has surged by an impressive 20% over the last day, according to data provided by CoinGecko. The popular meme coin touched a daily high of $0.00002930 earlier today and is trading at $0.00002753 at press time, levels not seen since January 18. Currently, SHIB is the world’s 14th-largest crypto asset with a market cap…
The Venezuelan government has approved a new tax bill aiming to collect up to 20% in taxes from cryptocurrency transactions, according to local reports. Venezuela’s National Assembly held the second discussion session on Thursday for a new draft bill targeting taxes on “large financial transactions” in cryptocurrencies like Bitcoin (BTC). The Venezuelan government reportedly approved the draft bill last Thursday,…
According to a California-based real estate technology company called Propy, a four-bedroom home in Gulfport, Florida, will be tokenized leveraging non-fungible token (NFT) technology and sold for $650K. In addition to the Gulfport home, another blockchain project has launched aiming to purchase The One Bel Air 105,000-square-foot megamansion by creating a decentralized autonomous organization (DAO). Gulfport Home in Florida to…
Really Simple Syndication (RSS), the first information distribution protocol that saw massive adoption across the internet is all set to take on Web3 with a decentralized information processing protocol called RSS3. In a technical whitepaper released on Monday, RSS3 laid out plans for taking its popular internet feed update to Web3. RSS3 would offer every entity an RSS3 file that will…
Chainalysis, one of the leading blockchain and cryptocurrency auditing firms, has issued a report indicating signs of significant wash trading activity involving NFTs. In these operations, some actors effectively sell their assets to themselves, with the intention of increasing the floor price of the NFTs to sell them at a higher price later. However, this wash activity has not always…
Bitcoin (BTC) is in a fighting mood this week as the weekly close buoys bulls’ cause and wipes out several weeks of downside — can it continue higher? After challenging $42,000 over the weekend, there was a cautious sense of optimism as higher levels remained in play. Sunday saw a fresh push, with overnight progress attacking $43,000 before fresh consolidation.…
Truckers protesting the COVID-19 vaccine mandate in Canada have turned to Bitcoin-based crowdfunding platform Tallycoin, following a barrage of mounting political pressure from all sides that culminated in GoFundMe axing their “Freedom Convoy Campaign.” GoFundMe pulled the campaign and $9 million in donations with it on Feb. 4 in response to reports of violence, which it claimed broke its terms…
Cryptocurrency exchange Binance has warned investors of a “massive phishing scam via SMS.” The scammers sent SMS messages to crypto users informing them of a withdrawal request from an unknown IP address they may want to cancel. Massive Phishing Scam Targeting Crypto Investors Binance CEO Changpeng Zhao (CZ) tweeted Friday: There is a massive phishing scam via SMS with a…
