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…

While interest in crypto has exploded, few people are using it for its intended purpose: to pay for things – writes Tory Newmyer on The Washington Post. Billionaire tech executive Michael Saylor has called Bitcoin “the seminal invention of the human race.” His website describes it as “a bank in cyberspace” offering a “simple, &…

“Shark Tank” star and celebrity investor Kevin O’Leary predicted non-fungible tokens (NFTs) will be bigger than Bitcoin. He appreciates NFTs can prove ownership of real-world items, such as designer watches or flashy cars. Though, comparing Bitcoin and NFT, O’Leary said he’s “investing on both sides of that equation.” At Yahoo Finance Live the chairman of…

With the region’s youthful population, blockchain-based play-to-earn games are becoming one of the fastest-growing innovative sectors in the Middle East. They provide new models to help monetize time spent in games with crypto tokens, NFTs, and staking. Industry players believe that the $181 billion gaming revenue to be made this year will increase substantially soon…

The start-of-the-year drop in cryptocurrency prices is due to various reasons (which we will go through). Still, with a cool head, you may recognize that crypto, through complex mechanisms of self-regulation, rejects attempts to pump it up with fiat money. You can even say that cryptocurrencies want to maintain their role as money and not…

Despite a decline in the crypto markets, NFT marketplaces have made a tremendous surge in the previous month. According to data from Tradingplatforms.com, NFT global sales surpassed $4 billion in the last 30 days. “2021 will go down as the breakdown year for NFTs. The growth in their sales is due to two main factors,”…

Crypto is inevitable in Iraq Despite roadblocks, crypto is becoming increasingly popular in Iraq and the Kurdistan region, claimes Abdurrahman Bapir on CoinDesk. Cryptocurrency was born out of a financial crisis. It was a proposed solution to the problems caused by, and inherent in, the worldwide banking system as well as centralized authorities. Satoshi Nakamoto’s…

Art Dubai announced on Sunday the list of participating galleries at its 2022 edition, which will be its most extensive to date. The fair will occur at Madinat Jumeirah, Dubai, from 11-13 March 2022, with previews on 9 and 10 March. The upcoming event marks the debut of Art Dubai Digital, an innovative new digital…

The Central Bank of Bahrain (CBB) has successfully completed a digital payments test in collaboration with JPMorgan’s blockchain and cryptocurrency unit Onyx. The trial run included testing the widely anticipated JPM Coin, a digital currency backed by the American investment bank JPMorgan. Bahrain’s central bank revealed it is committed to improving the customer experience for…

PayPal confirmed Friday that it’s currently researching a PayPal stablecoin, Bloomberg reports. Before, developer Steve Moser found code inside the PayPal app regarding PayPal Coin, a US dollar-backed stablecoin. A PayPal spokesperson confirmed the code and images came from an internal hackathon by the company’s blockchain, crypto, and digital currencies division. “We are exploring a…