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NFT & DEFI
Thai SEC Cautions Investors About Risks of DeFi Transactions Thai SEC Cautions Investors against…
The Securities and Exchange Commission of Thailand (Thai SEC) has asked crypto investors in the country to be careful with DeFi transactions, terming them risky.
The watchdog argued that local regulators have no control…
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Anthony Hopkins is Launching an NFT Collection To Celebrate His Career
On August 17, Orange Comet, an art+entertainment company focusing on NFT minting and promotion services, announced its partnership with the renowned Hollywood actor, Sir Anthony Hopkins, to launch his first NFT…
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AFL’s first limited-edition NFT drop sells out in under 12 hours
The Australian Football League (AFL)’s first limited edition drop of nonfungible tokens (NFTs) saw huge takeup on Wednesday, selling out in just under 12 hours. On Wednesday, the football league launched Ripper Skipper 2022 through its…
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Acala trace report reveals 3B aUSD erroneously minted
High-profile security incidents continue to be a theme in 2022, with the Acala network joining a long list of stricken platforms to fall prey to exploits.The Acala USD (aUSD) token, which acts as a native stablecoin for the Polkadot and…
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Blue chip NFT performance fails recovery, but investors HODL even harder
The market performance of blue chip nonfungible tokens (NFTs), often considered a good long-term investment, revisited its all-time low range for the second time since June 2022 — falling down below 10,000 Ether (ETH) in the blue-chip…
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Celsius Network coin report shows a balance gap of $2.85 billion
A new bankruptcy coin report filed on Sunday shows that troubled crypto lender Celsius’ actual debt stands at $2.85 billion against their bankruptcy filing claims of a $1.2 billion deficit.The latest report shows that the company has net…
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Carbon credit NFTs are only effective if burned, experts say
Using nonfungible tokens (NFTs) as carbon credits or carbon offsets reveals an outlet for Web3 technology to foster a more environmentally friendly future.NFTs as carbon credits are a slow-rolling trend in the regenerative finance (ReFi)…
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Metaverse still not ready for virtual weddings and legal proceedings
As the global Web3 ecosystem continued to evolve at a staggering pace, so have the various use cases associated with this niche. In a striking new development, a high-ranking Singaporean government minister recently noted that legal…
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Axie Infinity cuts rewards from classic game, subtly forcing P2E players to new mode
Play-to-earn (P2E) blockchain game Axie Infinity (AXS) has completely removed the token rewards from its classic game mode to attract its users to a new game mode called Axie Infinity Origin. The Axie Infinity team announced that…
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How to earn interest from crypto saving accounts?
The cryptocurrency industry has offered developers and investors the opportunity to introduce new financial tools providing plentiful options to earn passive income. Simply holding crypto has offered patient investors the chance to make…
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