Apple has rejected calls to exempt NFTs from its 30% “Apple Tax” on in-app purchases. The tech giant codified its rules for iOS apps that handle non-fungible tokens on Monday with its first formal green light on offering in-app NFT minting, buying and selling – activities that it had never technically banned. But the iPhone-maker’s de facto ban on…
Not much has changed for bitcoin (BTC) in the most recent seven days or the most recent three months for that matter. BTC prices remain range-bound and, at just south of $20,000, is trading almost identically to its June price level. One of the more interesting themes for bitcoin in 2022 has been the lack…
Mastercard officially announced on Oct. 17 a new program to enable financial institutions to bring crypto trading capabilities and services to their customers. Called “Crypto Source,” the program is designed to allow users to buy, hold and sell cryptocurrencies, complemented by Mastercard’s proprietary Crypto Secure solution for additional security and compliance. The tool is launched in cooperation…
While Ethereum-based layer-2 solutions have been focused on hyperscaling the network, Ethereum co-founder Vitalik Buterin believes layer 3s will serve a far different purpose — providing “customized functionality.” Buterin shared his thoughts in a Saturday post, providing three “visions” of what layer 3s will be used for in the future. The Ethereum co-founder said a third layer on…
Ripple is testing a way for developers to deploy smart contracts made for the larger and more popular Ethereum on its XRP Ledger (XRPL) blockchain with little effort. The Ethereum Virtual Machine (EVM) is the software that runs smart contracts on Ethereum. Ripple said an EVM-compatible sidechain – a blockchain that runs in parallel with the main XRPL…
Gomu, a non-fungible token (NFT) infrastructure company, has closed a $5 million seed round, the company announced Wednesday. The fundraise included participation from venture capital firms Coinbase Ventures, DeFiance Capital, Saison Capital and others. A spokesperson for Gomu declined to disclose the company’s valuation. Founded earlier this summer, Gomu has launched two products, NFT Hub and Collection.xyz, which make it…
Europe-based digital asset management platform CoinShares released an experimental artificial intelligence (AI) bot on Thursday that might be able to help traders determine a fair price for some non-fungible tokens (NFT). The experimental project, called CoinShares NFTAI, aggregates different sets of data to provide a user with what it determines is a fair price for a rotating list of…
Google’s latest crypto feature enables some Ethereum wallet addresses to have their Ether (ETH) balances tracked straight off of the Google search engine — saving the need to make the trip to Etherscan. The feature was first made public by the principal of Google Ventures, Han Hua, in an Oct. 11 tweet. Well done, blockchain…
This year has been tough for everyone. Whether you’re an investor or not, the economichardships stemming from COVID-19 have been felt – supply chain issues, inflation rates, andnow interest hikes. On top of that, for crypto investors, there was Voyager and Celsiusdeclaring bankruptcy, which froze millions in customer assets, and the Luna fiasco which shookthe…
The Monuverse is taking some of the world’s most precious monuments and preserving them forever as NFTs in the digital universe. The use cases of nonfungible tokens (NFTs) have evolved from pixelated Punks and Apes to real-world applications like real estate contracts and music royalties. Another use case is surfacing as the Monuverse uses NFTs to preserve cultural heritages…