Announcements

Meta now allows users include digital collectibles on Facebook. Meta’s move expands NFT features from its initial launch point on Instagram to Facebook, with more than 2.9 billion users. Social media giant Meta said it now allows users to post their digital collectibles and NFTs to their Facebook accounts. Meta, the parent company for Facebook…

Dubai regulator issues regulations for virtual assets marketing Dubai’s Virtual Asset Regulatory Authority (VARA) sets market assurance and consumer protection guardrails for the virtual asset sector. On August 25, VARA announced regulatory guidelines on marketing, advertising, and promotions of virtual assets (VA) across Dubai. The regulations cover all forms of outreach, communications, and advertising, including…

Crypto firms and exchanges dealing in ETH have made announcements informing clients of any preparations needed ahead of the Merge, from proof-of-work (PoW) to proof-of-stake (PoS) consensus. While crypto whales are moving their ETH funds to exchanges as the shift approaches. Crypto exchange Binance has announced preparatory steps for the Ethereum Merge – expected to…

Crypto-friendly rap superstars Eminem and Snoop Dogg will be performing at MTV’s Video Music Awards (VMAs) together on August 28 in a performance inspired by the Otherside metaverse and Bored Ape Yacht Club (BAYC) NFTs. The performance will see the stage transformed to reflect the Otherside aesthetic. The show was developed in partnership with Yuga…

Coinbase announced it will launch its own liquid staking token, titled cbETH, which users can get in exchange for ETH that Coinbase will stake on the proof-of-stake version of Ethereum. Ahead of Ethereum’s Merge, the exchange aims to diversify the liquid staking market, which is currently single dominated by the Lido protocol.  On August 24,…

Following the US government banning the Ethereum mixing platform Tornado Cash, the stablecoin issuer Tether Holdings Ltd. revealed on August 24 that the company would not “freeze Tornado Cash addresses.” The recent blog post about the subject says Tether is waiting for instructions from law enforcement. The stablecoin issuer has yet to receive a request…