The United Kingdom’s government is in danger of regulating nonfungible tokens (NFTs) in a way that doesn’t suit the true nature of the nascent technology, says Mintable CEO and founder Zach Burks. In an interview with Cointelegraph, Burks said he believes a recent report from a U.K. parliamentary committee significantly exaggerates the role NFTs play in copyright infringement and fails to…
VanEck strategy adviser Gabor Gurbacs expects a wave of new investment capital and immigration will push El Salvador’s economic growth in the coming years. Source: https://cointelegraph.com/app/public/index.php/news/bitcoin-friendly-el-salvador-can-become-the-singapore-of-the-americas-says-vaneck-advisor
Hopes of approval for a spot Bitcoin (BTC) exchange-traded fund by the United States Securities and Exchange Commission boosted Bitcoin’s price by 27% in October. This improved sentiment, attracting aggressive buying by crypto investors. Bloomberg senior ETF analyst Eric Balchunas highlighted in a post on X (formerly Twitter) that ProShares Bitcoin Strategy ETF (BITO), the first futures-based ETF to get…
Asset manager VanEck filed an amended application for a spot Bitcoin (BTC) exchange-traded fund (ETF) on Oct. 27 with the United States Securities and Exchange Commission (SEC), according to the regulator’s database. The amended filing highlights that a seed capital investor purchased in October the Seed Creation Baskets — a block of 50,000 shares of the proposed ETF — with…
ProShares and Grayscale lead a surge of activity in Bitcoin investment products, with analysis confident of implied demand for a spot Bitcoin ETF. Source: https://cointelegraph.com/app/public/index.php/news/first-bitcoin-etf-trades-gbtc-discount-69k-btc-price
Stablecoin Tether (USDT) has seen a significant surge in adoption in Brazil, accounting for 80% of all cryptocurrency transactions in the country, according to data from Brazil’s revenue service agency. As of mid-October, USDT transactions in Brazil this year amounted to $271 billion Brazilian reais (~$55 billion), almost double the volume of Bitcoin (BTC) transactions in the country, which were…
Formula E: High Voltage puts a strategic twist on racing games, elevating the genre’s competitive nature with play-to-earn functionality. It’s a fun browser-based game with a unique vibe, though the lack of in-game direction and tutorials may slow your roll as you get started. You might be familiar with Formula 1 with stars like Lewis Hamilton and Max Verstappen, but…
ProShares and Grayscale lead a surge of activity in Bitcoin investment products, with analysis confident of implied demand for a spot Bitcoin ETF. Source: https://cointelegraph.com/public/index.php/news/first-bitcoin-etf-trades-gbtc-discount-69k-btc-price
Game Review—Formula E: High Voltage Is a Fun Play-to-Earn Racer That Lacks Direction Formula E: High Voltage is a play-to-earn racing game with a distinctive strategic approach. Decrypt contributor Ryan Gladwin put Animoca’s web-based game through its paces in this review, highlighting the unique gameplay design, the role of NFTs and crypto, and where the game currently comes up short.…
Understanding open-source protocols Open-source protocols have become a mainstay in the tech world and are gaining traction due to the myriad benefits that they offer over their proprietary counterparts. The protocols are typically created with the intention of being used by the public, enabling anyone to examine, alter and share their code. The benefits of open-source protocols are multifaceted, ranging…
