#NFT
Crypto

Reddit Avatars on Polygon Blockchain

Reddit, the online discussion platform, has launched the third generation of its blockchain-based digital collectibles, Reddit Avatars, on the Polygon blockchain. The new avatars were released on April 5, 2023, and have generated a lot of buzz within the community. The non-fungible token (NFT) avatars were first introduced in July 2022 as a way to

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Crypto

Uk government drops plan for Royal mint NFT

The United Kingdom has suspended plan to lunch the governmental backed “NFT for Britain” which was proposed by the British prime minister, Rishi Sunak. In regard to a question raised by a conservative politician Harriett Baldwin, Andrew Griffith who is the Treasury’s economic secretary confirmed that: “In consultation with HM Treasury, the Royal Mint is not proceeding with

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Crypto

EU Lawmakers to Vote on Limited Ban on Self-Hosted Crypto Payments

Large crypto-asset transfers from anonymous self-hosted wallets would be banned under plans set to be voted on by European Union lawmakers on the 28th of March. On Tuesday, the European Parliament’s Economics and Civil Liberties Committees are set to vote on new anti-money laundering (AML) plans after wrangling for months about how to stop cryptocurrencies,

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Crypto

Animoca disconfirm reporting $200 million cut to metaverse fund

The web3 game developer Animoca, has denied recent reports that it has scaled back its metaverse fund target and experienced a significant drop in its valuation. The venture capital firm denied claims that it had reduced its metaverse fund target by $200 million, or 20%, to $800 million amid volatility in the crypto market and instability

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Crypto

NFT Investor Animoca Reduces target for Metaverse Fund to $800M

Animoca Brands, a Non-fungible token (NFT) and gaming investor based in Hong Kong that specializes in blockchain technology, has scaled back its target for its “metaverse fund” by 20% to $800 million due to recent volatility in the cryptocurrency industry. This represents another reduction in the company’s ambitions. The company had initially announced that it was working on

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Crypto

Taiwan set for New crypto regulation

Huang Tien-mu, Taiwan’s Financial Supervisory Commission Chairman  informed lawmakers that the nation is in the process of creating a special legislative framework to govern cryptocurrency and its related activities. He made this announcement during a parliamentary hearing on global banking stability. The FSC chair, Huang Tian-mu, unofficially announced the FSC’s new role, which was cited

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