While many businesses have expressed interest in integrating crypto payments, there are still challenges in terms of understanding the space, said Jess Houlgrave, the head of crypto strategy at Checkout.com. Speaking to Cointelegraph, Houlgrave talked about the benefits and challenges of accepting crypto for merchants and shared her thoughts on what can spark and further the mainstream adoption of crypto…
Authorities in Russia are preparing a number of changes to existing laws in order to adopt rules for the country’s market for non-fungible tokens, or NFTs. A working group has discussed the matter and proposed solutions to legally define and regulate transactions with the digital collectibles. Economy Ministry Takes Initiative to Regulate NFTs in Russia The Ministry of Economic Development…
Pangolin, a decentralized exchange (DEX) on the Avalanche network, will debut on the layer-1 blockchain Flare network. Flare is known for its interoperability solutions and Pangolin hopes to utilize the underlying technology to reach new blockchain networks. With its move to Flare blockchain, Pangolin will be able to see new cross-chain token pairs, offer in-dApp swap functionality to partner projects,…
Last month marked the 30th anniversary of the publication of Neal Stephenson’s science fiction novel Snow Crash. With its dystopian vision, rollicking prose and futuristic renderings of everything from social media networks to virtual assistants and even alternative currencies — Bitcoin wasn’t to launch for another 17 years — the work soon achieved iconic stature in the tech world. Bill…
The European Banking Authority (EBA) is worried about its ability to accommodate new crypto regulations due to come into force in 2025, with the lack of talent and logistic issues among the key problems it faces. One of the challenges, EBA chair José Manuel Campa said in an interview with the Financial Times, is that it’ll be only until roughly…
The adoption of Bitcoin (BTC) in emerging markets was a focal point on the first day of the Blockchain Economy Istanbul event, with calls for a focus on case-by-case use of Bitcoin to maximize its reach. The two-day summit sees prominent speakers from the cryptocurrency ecosystem converge with the likes of MicroStrategy’s Bitcoin proponent Michael Saylor on the panel list…
Bitcoin was trading marginally higher on Wednesday, as traders were preparing for today’s interest rate decision. The Federal Reserve is expected to hike rates by 75 basis points for the second month running, as inflation in the United States continues to rise to multi-decade highs. Ethereum was also in the green, rebounding from Tuesday’s losses. Bitcoin Bitcoin (BTC) was trading…
The Metaverse is a major buzzword in the worlds of crypto and technology, as well as in the art and gaming spaces. The term was coined in the early 1990s by American science fiction writer Neal Stephenson in his work Snow Crash. In this novel, he describes a virtual world in the imagined future where virtual reality (VR) goggle-wearing users…
Non-fungible tokens, or NFTs, are unique digital assets that exist as a permanent record on blockchain. But if you thought that meant they were static and unchanging, think again. There is, in fact, a whole genre of living NFTs. Also referred to as dynamic NFTs, these non-fungible tokens can shift and mutate over time, according to programmable features encoded by…
Months after rolling out its first collection of non-fungible tokens (NFTs), the Dubai Police has said it will launch the next collection at the 2022 edition of The Gulf Information Technology Expo (GITEX). People from outside the country will also get a chance to own the next Dubai Police NFT collection. First Government Entity in UAE to Mint NFTs Dubai…
