Hundreds of NFTs listed on OpenSea from Shanghai residents during COVID lockdown
In response to the city’s COVID-19-related lockdown, Shanghai residents turned to the blockchain to preserve their experiences. Go to Source Powered by WPeMatico
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Fintech Study Estimates 4.4 Billion Global Users Will Adopt Mobile Wallets by 2024
According to a recently published study by Merchant Machine, mobile wallets are predicted to have 4.4 billion users by 2024. Merchant Machine’s findings show the global pandemic propelled the popularity of digital wallets and researchers expect the numbers to grow from 44.50% of the population in 2020 to 51.70% by 2024. Half the World’s Population … Read more
2 key metrics point toward further downside for the entire crypto market
Futures data and decreased demand for Tether signal that the crypto market is set for another round of pain. Go to Source Powered by WPeMatico
Residents of 3 Chinese cities paying taxes and charges with digital yuan
China has expanded its central bank digital currency pilot program to include the payment of tax, stamp duty and social security. Go to Source Powered by WPeMatico
Chinese court rules marketplace guilty of minting NFTs from stolen artwork
A user of the NFT marketplace NFTCN allegedly poached a creation of an artist and sold it as an NFT for $137 to another user. Go to Source Powered by WPeMatico
Bitcoin bears tighten their grip on BTC now that $40K is the new resistance level
Mounting concerns about the state of the global economy and traders’ risk-off sentiment continue to weigh on Bitcoin price. Go to Source Powered by WPeMatico
China-based regulatory and trade associations target NFTs in latest risk notice
“We solemnly call on consumers to […] be vigilant and stay away from NFT-related illegal financial activities,” said the associations. Go to Source Powered by WPeMatico
Facebook whistleblower warns Metaverse will repeat ‘all the harms’
Frances Haugen, Facebook whistleblower at large, has now turned her focus to the Metaverse. She is worried about how Meta will handle privacy and intensely sensitive information. Go to Source Powered by WPeMatico
Nifty News: Bored & Hungry? Or want to listen to a podcast hosted by a Mutant Ape?
Bored Ape Yacht Club owners can take advantage of IP rights by auditioning for a BAYC movie trilogy, while other popular NFT characters now make up the cast of iHeartMedia’s latest podcast venture. Go to Source Powered by WPeMatico
Bitmex Co-Founder Arthur Hayes Says Bitcoin Could Drop to $30K Amid a Stock Market Rout
The co-founder and former CEO of Bitmex, Arthur Hayes, has published a new blog post concerning the current state of cryptocurrency markets. Hayes says currently there’s an inability to recognize the cyclical nature of markets and the “inconvenient truth” that is crypto is now moving in “lockstep” with market equities. Hayes expects the Nasdaq 100 … Read more