Report: Illegal Trades Account for Less Than 3% of Total Bitcoin Transactions

According to a new report, illegal transactions, scams and gambling together make up less than 3% of the volume on the Bitcoin blockchain while exchanges and trading desks account for around 80% of volume. Exchanges Dominate Bitcoin Volumes A new study called “Blockchain Analysis of the Bitcoin Market” has found that illegal transactions, scams, and … Read more

China’s Xinhua News Agency to Issue NFTs Despite Crackdown on Crypto

Xinhua, the official news agency of China, is going to issue an NFT collection with photographs depicting historic moments of the passing year. The initiative, which comes amid an ongoing crypto crackdown, is seen as a boost for blockchain, the technology that also underpins cryptocurrencies. Xinhua to Create Digital Collectibles Based on Photo Reports The … Read more

Instagram Is ‘Exploring NFTs’ to ‘Make Them More Accessible to a Wider Audience,’ Says CEO

According to the CEO of Instagram, Adam Mosseri, the social media application is looking into non-fungible token (NFT) technology. During an ask-me-anything (AMA) session on Instagram, Mosseri said that the company wants to make NFTs “more accessible to a wider audience.” Instagram CEO: ‘We Are Definitely Actively Exploring NFTs’ Following the firm’s parent company Facebook … Read more

2021’s NFT Boom Pushes Collectors Toward Rare and Older Collections

In 2021, non-fungible tokens (NFTs) have been extremely popular and have become a billion-dollar industry this year. There’s been a number of NFT marketplaces and collections that have seen a massive number of sales and individual digital collectibles have sold for millions. The NFT hype has also caused significant demand for some of the earliest … Read more

Invictus Capital Announces NFT Collection to Give African Artists Global Exposure

Invictus Capital has unveiled its first non-fungible token collection, called “Out of Africa,” through the Invictus NFT Lab. Through this collection, Invictus Capital will showcase fine art via blockchain technology as well as connect artists from Africa with the rest of the world. Invictus Capital to Release NFT Collection Blockchain investment platform Invictus Capital recently … Read more

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