In a tweet from the head of NFT product, the exchange is allegedly in contact with several NFT lending protocols to build NFT financialization. Crypto exchange Uniswap engaged in talks with multiple nonfungible token (NFT) lending protocols, according to a social media post from Uniswap’s head of NFT product Scott Lewis. In the tweet, Lewis...Continue Reading

The Metaverse development plan requires various municipalities to track NFT technology trends and integrate metaverse into education and tourism. The Beijing municipal government on Aug. 23 announced a two-year (2022-2024) metaverse innovation and development plan that would require all districts to adhere to the newly released Web3 innovation plan. The development action plan refers to the...Continue Reading

A mix of fundamental, on-chain and technical catalysts has driven the CHZ price to its best levels since April 2022. What’s next? The price of Chiliz (CHZ) has surged by approximately 35% week-to-date (WTD) to reach $0.26 per token on Aug. 24. In doing so, the token has outperformed Bitcoin (BTC) and Ether (ETH), which...Continue Reading

Ethereum developer Péter Szilágyi announced that there was a bug that resulted in data loss in the latest release. While the upcoming ETH Merge is one of the most anticipated events in the crypto community at the moment, it’s not free from hiccups. However, Ethereum developers are quick to respond to the issues that arise....Continue Reading

Zach Burks said that his goal was to collect ETH and never sell until he can afford a mega yacht. While other traders may be quick to take profits once they see gains, some are willing to hold on to their digital assets until they can pursue bigger goals, like a “mega yacht.”  In a...Continue Reading

Cryptocurrency YouTuber Bitboy Crypto has filed a defamation lawsuit against another prominent content creator on the platform. Two prominent YouTube content creators are set to lock horns in a legal battle over a cryptocurrency video allegedly promoting a project that ended up being a scam. Bitboy Crypto, a YouTube channel founded by Ben Armstrong, produces...Continue Reading

Given the unique positioning of the crypto mining market, Texas officials believe miners can participate in demand response programs — which involve turning off miners’ power during peak demand. The United States filled in the wide gap in Bitcoin (BTC) mining that was left open by China by the end of June 2021. Despite looming...Continue Reading

Expected to launch in early 2023, Kenanga’s crypto-friendly super app will feature digital investment management, e-wallet, FX, stock trading and other services. Malaysia continues accelerating its pace of cryptocurrency adoption as one of the major local banks is moving into cryptocurrency trading as part of its default banking offerings. Kenanga Investment Bank Berhad, one of...Continue Reading

As cryptocurrency mining operators look for new locations, an Armenian firm has added an additional 60MW cloud hosting facility based at a local power plant. The establishment of free economic zones that foster blockchain and cryptocurrency adoption in Armenia is bearing fruit as a local mining operator adds 60MW of capacity to its power plant-based...Continue Reading

History repeating itself would be good news for those looking to enjoy further BTC price upside. Bitcoin (BTC) lost a key bear market trendline last week as it shed almost 12%, but other chart data offers a silver lining for bulls. As noted by popular Twitter user Dave the wave on Aug. 24, long-term moving...Continue Reading