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The first country in the EU, Spain, is trying to control the way cryptocurrencies are marketed, with new restrictions on influencers’ promotions. According to the new rules published Monday, posts promoting crypto-assets must now include the appropriate disclaimer. Fines for non-compliance could reach €300,000. The new rules will come into force in February. The fast…
NFT is a huge branch of the blockchain economy that essentially formed before our eyes in 2021. And while few people knew what “non-fungible tokens” even were a year ago, by the end of the year, the most prominent corporations were already integrating NFT solutions into their products, and the market volume amounted to tens…
American retail chain Walmart is preparing to enter the metaverse by creating its own NFT collections and cryptocurrency. This information is based on several trademarks filed by the retail giant with the United States Patent and Trademark Office. In late December, the retail chain filed several trademark applications with the United States Patent and Trademark…
The first NFT from Adidas Originals’ “Into the Metaverse” project has generated 11,391 Ether, worth over $43 million, on OpeanSea. This collection has earned the second spot by trading volume on OpeanSea after RTFKT’s Clone X and Takashi Murakami collection. Over the weekend, Adidas’ first NFT effort made over $23 million in Ethereum, from a…
Breaking crypto news from the last week (Dec. 18 – 24, 2021): Dec. 18: The Central Bank of Russia (CBR) has again taken an antagonistic stance against crypto, citing crypto’s inherent volatility and illegal use as a key reason for their conservative position. Sources said the CBR’s current stance on cryptocurrency is one of “complete…
Dubai Multi Commodities Centre’s (DMCC) new crypto-focused Future of Trade report highlights growing opportunities for global trade’s $260.9 billion decentralized finance (DeFi) sector. Focused on DeFi, the report examines the key opportunities and challenges that the growing technology faces and how DeFi can bolster global trade. The thought leadership report series of DMCC – the…
During the 2021 Paris Auction House event, Vodafone sold the world’s first SMS as a non-fungible token (NFT) for €132,680 (or $149,729). Vodafone proceeded the entire amount for charity to support the UN Refugee Agency (UNHCR). It was 1992 when the Vodafone’s programmer Neil Papworth made the cell phone of his colleague, Richard Jarvis, ring…
Shiba Inu outperformed Bitcoin and Ethereum to become the most viewed cryptocurrency in 2021 on the CoinMarketCap crypto data aggregator, with 188 million views. Dogecoin was ranked in the 3rd position among the most viewed cryptocurrencies in 2021 with 107 million views, followed by Cardano and Ethereum with 86 million views and 81 million views,…
The CoinShares CSO, Meltem Demirors, is saying digital assets have done “exceptionally well” in 2021, even after retreating from their record highs. He suggested that the crypto market correction is driven by investors booking profits. Meltem Demirors, the chief strategy officer (CSO) of cryptocurrency investment firm CoinShares, said in a Yahoo Finance interview that one…
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