The success of STEPN shows that the move-to-earn model is growing in popularity, but will it be a fading trend or the future of fitness? Axie Infinity was a pioneer of the play-to-earn movement and the project inspired new Web3 applications that aspire to apply the earning model to their respective ecosystems.  The latest project...Continue Reading

More than 50% of respondents highlighted that they have a HODL mentality and see a future where non-fungible tokens could be important items in games. Although NFTs have been a part of the cryptocurrency market since 2014, interest and adoption ha risen rapidly over the last two years. At their height in August 2021, the...Continue Reading

The regulatory agency asked crypto firms to adopt methods to ensure greater risk assessment for potentially problematic transactions. In a letter published on Thursday, the New York State Department of Financial Services, or NYDFS, recommended that all virtual currency companies operating under New York banking law adopt blockchain analytics to trace transactions. In supporting the...Continue Reading

Ukraine continues to use crypto and NFTs to fund the two-month long ongoing Russia-Ukraine war. Mykhailo Fedorov, Vice Prime Minister of Ukraine and Minister of Digital Transformation of Ukraine, tweeted that the Ukrainian government will accept war effort contributions in the form of nonfungible token (NFT) donations and purchases. Via the official “Aid for Ukraine” crypto...Continue Reading

Software Freedom Law Center legal director Mishi Choudhary supported tokens that were not quite CBDCs nor cryptocurrencies, but with cash-like privacy features many users may want. Mishi Choudhary, the legal director of the Software Freedom Law Center, supported the efforts of some United States lawmakers to develop an electronic version of the U.S. dollar. In...Continue Reading

More than 550 million active users surf messages on Telegram each month. As told via a Twitter post on Tuesday, instant messaging app Telegram has rolled out crypto payments via Ton Token. To access the feature, users first need to download and install Telegram’s official Wallet bot, which allows them to purchase cryptocurrency by bank...Continue Reading

Former CFTC head Giancarlo said a “central bank mindset” is holding crypto back, and Wetjen saw the need for more entrepreneurialism in regulatory agencies. Former Commodity Futures Trading Commission (CFTC) chairman Chris Giancarlo, known by some as Crypto Dad during his tenure from 2017 to 2019, spoke on the topic of U.S. crypto regulation at...Continue Reading

Not everyone is convinced that Elon Musk’s takeover of Twitter will promote free speech. Aave (AAVE) founder Stani Kulechov was temporarily suspended from Twitter this week, mere hours after joking that he was joining the social media company as interim CEO. “BREAKING: Joining Twitter as interim CEO,” Kulechov tweeted on Tuesday in a post that...Continue Reading

Analysts say BTC’s weakness is exacerbated by institutional investors exiting futures markets, but on-chain data hints that Bitcoin is in an early bottoming process. The cryptocurrency market has experienced another rollercoaster week that saw Ether (ETH) price drop below $3,000 and Bitcoin (BTC) price hit a new multi-month low at $37,700. Equities markets also endured...Continue Reading

The Crypto Law is aimed at making Panama “compatible with the digital economy, blockchain, crypto assets and the internet.” Lawmakers in Panama have passed a bill that will regulate cryptocurrencies, including Bitcoin, in the Latin American country. In a Thursday tweet, Panamanian pro-crypto congressperson Gabriel Silva said lawmakers had approved the “Panama Crypto Law” following...Continue Reading