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NFTs will Outrun Bitcoin due to the Proof of Ownership for Real-World Items, Kevin O’Leary says

NFTs will Outrun Bitcoin due to the Proof of Ownership for Real-World Items, Kevin O’Leary says

Kevin O’Leary believes that NFTs have a bigger shot of surpassing Bitcoin because they can digitally show ownership of real-world things like flash cars or designer watches.

South Korea's Digital Won Project Sees First Trial Stage Completed

South Korea's Digital Won Project Sees First Trial Stage Completed

The Bank of Korea (BOK) announced that it has completed the first stage of its Central Bank Digital Currency (CBDC) or Digital Won trials, according to its official press release.

Galaxy Digital Calls Coinbase Listing a ‘Netscape Moment for Crypto’ as Digital Assets Rise to New ATHs

Galaxy Digital Calls Coinbase Listing a ‘Netscape Moment for Crypto’ as Digital Assets Rise to New ATHs

Coinbase’s listing on Nasdaq has created quite a stir in the cryptocurrency industry and has served to push many cryptocurrencies to new all-time highs (ATHs).

China's DCEP Will Not Compete With WeChat and AliPay

China's DCEP Will Not Compete With WeChat and AliPay

China’s digital currency also known as the Digital Currency Electronic Payment (DCEP) will not be competing with WeChat and AliPay says Research head.

CBDC on Feature Phones: Will RBI's Digital Rupee Scale Beyond Smartphones?

CBDC on Feature Phones: Will RBI's Digital Rupee Scale Beyond Smartphones?

India's digital rupee (e₹) aims to reach feature-phone users, with offline capabilities being tested. Progress exists, but widespread adoption remains a challenge.

Central African Regional Bank Seeks to Introduce Common Digital Currency

Central African Regional Bank Seeks to Introduce Common Digital Currency

The Bank of Central African States is considering creating a common Central Bank Digital Currency (CBDC) that would serve its six member states.

Visa Unveils Innovative Web3 Loyalty Program with SmartMedia Technologies

Visa Unveils Innovative Web3 Loyalty Program with SmartMedia Technologies

Visa teams up with SmartMedia Technologies to launch a pioneering Web3 Loyalty Engagement Solution, revolutionizing customer loyalty with gamified, immersive experiences and digital wallets.

Stronghold Digital Mining Collects Coal Waste to Power Cryptocurrency Mining

Stronghold Digital Mining Collects Coal Waste to Power Cryptocurrency Mining

Stronghold Digital Mining, based in western Pennsylvania, has found a new, environmentally friendly way to mine cryptocurrency, Reuters reports.

NFT Transactions Projected to Hit $40m by 2027 amid Metaverse Trend

NFT Transactions Projected to Hit $40m by 2027 amid Metaverse Trend

NFT transactions are expected to reach $40 million by 2027 as the metaverse trend continues gaining steam, according to a report by Juniper Research.

Chainlink (LINK) Hits $20 ATH as Developer Activity Goes Through the Roof, DeFi-ing Expectations—What’s Next?

Chainlink (LINK) Hits $20 ATH as Developer Activity Goes Through the Roof, DeFi-ing Expectations—What’s Next?

Chainlink has had its year in 2020, reaching multiple all-time highs, at hitting $20 on Aug.16. Chainlink’s developer activity has seen a surge as well.

FTX US and Alameda Research File Complaint Against FTX Digital Markets

FTX US and Alameda Research File Complaint Against FTX Digital Markets

FTX US and Alameda Research have filed a complaint against FTX Digital Markets, alleging that the Bahamas-based company was a "fraudulent enterprise" used to conceal the issue of the firm's ownership. The complaint claims that the claims made by FTX Digital Markets will harm FTX.com customers and other creditors of the FTX Debtors as the company continues with bankruptcy proceedings in the United States.

Russia Plans to Use Digital Rouble In Settlements with China, Says Lawmaker

Russia Plans to Use Digital Rouble In Settlements with China, Says Lawmaker

Russia used to resist legalizing crypto. However, it is now willing to embrace the use of cryptocurrency for cross-border payments due to geopolitical tensions.

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