Spain moves to regulate influencers promoting crypto
    19 Jan 2022

    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-2022: What to expect from a brand-new industry? Part 2
    19 Jan 2022

    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…

    Walmart is preparing to join the metaverse with its own cryptocurrency and NFTs
    18 Jan 2022

    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…

    Indonesian student makes $1 million selling NFT selfies on OpenSea
    18 Jan 2022

    Sultan Gustaf Al Ghozali, a 22-year-old Indonesian student, has joined the NFT frenzy, becoming a millionaire as a result. He listed selfies of himself as an NFT for five years on OpenSea, the largest NFT marketplace, and sold them for $1,107,225 in total. Al Ghozali is a college student studying Computer Science and based in…

    The dominance of Bitcoin in crypto payments is declining
    18 Jan 2022

    BitPay, one of the world’s most popular crypto payments processors, revealed that over 2021, Bitcoin’s use at merchants that use its payment services dropped to about 65%, down from 92% in 2020. Ether purchases accounted for 15% of the total, stablecoins were 13%, while Dogecoin, Shiba Inu, and Litecoin, added to BitPay in 2021, accounted…

    Crypto Trends Weekly Jan. 8 – 14
    17 Jan 2022

    Breaking crypto news from the last week (Jan. 8 – 14, 2022): Jan. 8: As Turkey’s economy remains in turmoil, with inflation rising to 36%, its currency has lost 44% of its value against the US dollar since this time last year. Meantime, the use of stablecoins in Turkey has skyrocketed, and today, 28.96% of…