Starbucks announced plans to get into the NFT business, then fired a union leader the same day. Nonfungible tokens (NFTs) have seen their fair share of controversy, but now they have found their way into the midst of the battle between multi-billion dollar corporations and workers trying to unionize their workplaces in the United States....Continue Reading

A Bitcoin hostel under construction in Portugal reflects a growing trend of business built with more than just a digital currency in mind. A Bitcoin (BTC) hostel is coming to Portugal’s shores. As it’s Europe’s first Bitcoin-only hostel, Cointelegraph spoke with the founders to find out how Bitcoin shapes the business model, from planning to...Continue Reading

Once known as a skeptical institution of crypto, HSBC originally announced its first major move into metaverse in mid-March. Global banking giant HSBC Holdings has rolled out its metaverse investment product for wealthy clients in Singapore and Hong Kong, according to multiple media reports. Called the Metaverse Discretionary Strategy portfolio, the new product is managed...Continue Reading

Large spikes in whale transactions typically precede a period of declines in the Litecoin market. The daily transactions involving the richest Litecoin (LTC) addresses — “whales” that hold 10,000 to 1 million LTC — have jumped to their highest levels since December 2021. Litecoin selloff ahead? On-chain analytics platform Santiment detected a total of 3,458 LTC...Continue Reading

The developers are currently working on a security upgrade and plan to increase the number of validator groups to 21 before making the Ronin Bridge live again. Sky Mavis, the creator of the popular play-to-earn nonfungible token game Axie Infinity has raised $150 million in a new funding round led by Binance.  The fundraiser is...Continue Reading

Central bank digital currencies digital currencies backed by a central bank have received renewed interest with the United States President Joe Bidens Executive Order on Ensuring Responsible Development of Digital Assets. Proponents of CBDCs argue that widespread adoption will promote financial inclusion, expand public access to safe money, improve the efficiency of payments and more....Continue Reading

It appears record-level DeFi exploits have not hurt crypto enthusiasts’ confidence in DApps. According to a new industry report published by DappRadar, the number of users engaging in decentralized applications, or DApps, every day surged 396% year over year to 2.4 million. This is only 5.8% below the same user activity level witnessed in Q4...Continue Reading

The widely-popular DeFi protocol announced its support for the newly-passed ERC on Wednesday, stating that Yearn V3 plus ERC-4626 equals “Inevitable.” Following the successful deployment of twenty-five previous Ethereum Request for Comments (ERC) standards, including the industry-recognized ERC-20 designed for tokens, ERC-721 for nonfungible tokens (NFTs), and the single smart contract multi-token ERC-1155; the newly-passed...Continue Reading

Regulators on both sides of the Atlantic seem to be nervous about people transacting with their wallets. Last week, the European Parliament’s Committee on Economic and Monetary Affairs (ECON) and the Committee on Civil Liberties, Justice and Home Affairs (LIBE) voted in favor of a regulatory update that could compromise the exchange platforms’ ability to...Continue Reading

Crypto donations have proven vital for Ukraine and its people, as the country has received over $100 million in crypto donations since the conflict broke out. The United Nations High Commissioner for Refugees (UNHCR), a UN agency for refugees, has accepted its first-ever crypto donations toward humanitarians aid for Ukrainians fleeing the war-torn nation. UNHCR...Continue Reading