“NFTs can create models of scarcity and exclusion that conflict with our Guidelines and the spirit of Minecraft,” says the entity. On Wednesday, Minecraft’s developer Mojang Studios said that it would be excluding the integration of nonfungible tokens, or NFTs, alongside blockchain technology as a whole, in its popular namesake game. In explaining the decision,...Continue Reading

Despite July 20’s pullback, the market structure of BTC and most altcoins is still showing early signs of a trend reversal. Bitcoin (BTC) briefly extended its recovery above $24,000 and the altcoins continued to make smart gains on July 20, but the bullish momentum of the week experienced a brief setback after Tesla’s earnings report...Continue Reading

Elon Musk’s electric vehicle maker has offloaded most of its BTC reserves, according to financial statements released on Wednesday. Electric vehicle maker Tesla sold most of its Bitcoin (BTC) holdings in the second quarter, according to new financial disclosures released on Wednesday. “As of the end of Q2, we have converted approximately 75% of our...Continue Reading

“It’s time to move the crypto policy debate from “we need regulation” to ‘what are the impacts of specific regulatory proposals?’” said Chamber of Progress. The tech trade group Chamber of Progress called on members of the United States Senate and House of Representatives for regulatory clarity in the crypto space in an effort to...Continue Reading

Crypto regulation came through as expected in the Financial Services and Markets Bill in spite of changes in government personnel and the collapse of the crypto market. The Financial Services and Markets Bill was introduced into the UK Parliament on July 20. The comprehensive bill, which was meant to preserve the UK’s leading place in...Continue Reading

A consulting firm predicted that the NFT market could be worth $231 billion in 2030, noting that the market will grow at a rate of over 33.7% in the years to come. In this week’s newsletter, read about the most expensive CryptoPunk sale in 30 days. Check out the report that predicts the growth of...Continue Reading

The crypto market rally continues, but analysts are on the fence about whether BTC and ETH will slip back into range or push closer to higher-timeframe resistance levels. Cryptocurrency investors continue to enjoy this week’s bullish price action after Bitcoin (BTC), Ether (ETH) and a handful of altcoins rallied on July 20 alongside gains in the...Continue Reading

For Vasily Shapovalov, the magnitude of the proof-of-stake transition could cause unforeseeable problems. Crypto enthusiasts are finally getting some respite from the ongoing bear market as the price of Ethereum (ETH) has increased 48% before the looming Merge upgrade that transitions the blockchain into one powered by a proof-of-stake consensus. As a result, the future...Continue Reading

Both the major crypto exchange and its U.S. arm closed on separate $400 million funding rounds in January. Crypto exchange FTX and its United States subsidiary FTX US have reportedly each set new fundraising targets following the firms planning several high profile acquisitions and credit lines to firms. According to a Wednesday report from Bloomberg,...Continue Reading

0x Labs developer advocate believes the current crypto winter provides a chance for “rationalization” and “validates” underlying blockchain systems. Both the ongoing downturn across cryptocurrency markets, and Ethereum’s upcoming merge were under the spotlight on the second day of ETH Community Conference. The wider Ethereum community descended on Paris for the largest annual European Ethereum event,...Continue Reading