Meta’s latest steps into the Metaverse saw the launch of a new marketplace for apps and possibly NFTs which will take a nearly 50% commission on each sale. Meta has announced plans to charge 47.5% on each item sold on its new Meta Quest app store, including nonfungible tokens (NFT) when they are available. The...Continue Reading

The Bank of Japan’s Executive Director announced that the eagerly-awaited digital yen won’t be used to attain negative interest rates. The Bank of Japan (BoJ) has said that its Central Bank Digital Currency (CBDC), the digital yen, will not be used to help attain negative interest rates.  The BoJ’s Executive Director, Shinichi Uchida made the...Continue Reading

North Dakota officials are luring in crypto mining companies to set up in the state. With $3B already invested, and with $3B said to be on the way, they’re doing well so far. North Dakota government officials rocked up to the Bitcoin 2022 conference in Miami to lure cryptocurrency miners into their greener pastures. They...Continue Reading

Bitcoin’s layer 2 scaling solution, the Lightning Network, has seen payment volume increase by over 400% as real adoption grows. A new report highlights how the Lightning Network has grown in popularity as a way of transferring digital assets quickly and efficiently around the globe.  CNBC today told the story of Alena Vorobiova, a Ukrainian...Continue Reading

The largest crypto by market cap is showing signs of a turnaround over the past 24 hours which analysts are saying could be the beginning of an upswing. Several popular cryptocurrency analysts believe the future looks green for Bitcoin (BTC) as it reclaimed the $40,000 mark in a 3.5% swing following a week-long dip. Popular...Continue Reading

“It won’t be June, but likely in the few months after. No firm date yet, but we’re definitely in the final chapter of PoW on Ethereum,” said developer Tim Beiko. The long-awaited Ethereum Merge is set for yet another delay, with developers working on the upgrade estimating a completion time a “few months after” June....Continue Reading

The arguments in favor included environmental concerns surrounding Bitcoin transactions and “the risk to the movement’s reputation for accepting cryptocurrencies.” Requests for comments on a proposal urging the Wikimedia Foundation to stop accepting donations in cryptocurrency have closed, with the majority of users voting in favor. According to a Tuesday update on the proposal, roughly...Continue Reading

Interviewed by Cointelegraph at the Paris Blockchain Week Summit on Wednesday, Helen Hai recalled the empowering support she received from Changpeng Zhao (CZ) when pitching the initial idea for what has become a multi-million-user platform. Attending and reporting from the two-day Paris Blockchain Week Summit (PBWS), Cointelegraph’s managing editor, Alex Cohen sat down with Helen...Continue Reading

According to Bertrand Perez, some lawmakers are still making decisions “too fast or without having education” on crypto, but Libra may given them a push to develop a framework. Bertrand Perez, chief operations officer of the Web3 Foundation, one of the firms behind the Polkadot blockchain, said a certain level of regulation was necessary in...Continue Reading

“We solemnly call on consumers to […] be vigilant and stay away from NFT-related illegal financial activities,” said the associations. The China Banking Association, the China Internet Finance Association and the Securities Association of China issued a joint statement warning the public about the “hidden risks” of investing in nonfungible tokens, or NFTs. In a...Continue Reading