News

To authorize Utah to make policy recommendations to the federal government, Utah Governor Spencer Cox has signed legislation to establish a Blockchain and Digital Innovation Task Force. This comes almost three years after discussions about forming the task committee began and less than two months…

NFTs from some of the most famous blockchain networks are making their way to Instagram, with a test program slated to begin as soon as Monday. According to CoinDesk, the Meta-owned social media behemoth is preparing non-fungible token (NFT) interfaces for Ethereum, Polygon, Solana, and Flow.…

Starbucks announced that it will use blockchain technology to build a digital community and give its customers access to exclusive benefits. On Tuesday, the news was released as part of the company’s quarterly earnings report (3-05-2022). Known as NFTs, non-fungible tokens are a new type of…

Gucci is a high-end luxury fashion brand established in Florence, Italy. Reportedly, the luxury fashion brand will accept cryptocurrency deposits this month at 5 of its stores. Below mentioned are the five attractions that accept cryptocurrency payments currently. Wooster Street, New York Rodeo…

A Singapore-based organization related to the Terra Luna ecosystem, the LFG (Luna Foundation Guard) has successfully raised an extra $1.5 billion to support its current BTC (Bitcoin) acquisition. LFG obtained 37,863 BTC through over-the-counter swaps with broker Genesis Trading as well as a…

Eyeing the expansion of its native VET token to a wider class of customers, the popular decentralized supply chain firm, VeChain has locked a strategic deal with crypto payment facilitator, Alchemy Pay. With this highly-anticipated partnership, VET token holders will get a chance to purchase goods…

Recognized as the world’s largest asset management firm, BlackRock has unveiled its highly-anticipated Exchange Traded Fund dedicated to the cryptocurrencies and the blockchain industry. The newly-launched blockchain-supported ETF is referred to as the Blockchain and Tech ETF (IBLC) and is designed…

Leading digital asset management services provider, Grayscale Investments is all set to expand its operations in Europe to unleash the potential of the burgeoning crypto industry in the region. It is not a secret for us that cryptocurrencies have entered mainstream business with constant support…

Leading investment firm specializing in cryptocurrencies, Framework Ventures has launched a new venture capital fund worth $400 million to support its expansion plans. With its

Soaking in the newly-found success within the Non-Fungible Token industry, newbie NFT platform Moonbirds has announced to generate a whopping $290M from sales. With this achievement, the Ethereum-supported digital collectibles project has managed to climb up the trade volume charts quickly while…

With a view to strengthening the core channel of its popular privacy-centric interface, the Monero (XMR) community has successfully passed a consensus for the upcoming July hard fork. The popular virtual currency cluster is looking forward to a significant improvement in its operational capacity…

Working as a top-tier decentralized channel, Terra has taken the crypto industry in a storm by successfully placing Terra USD (UST) as the third-largest stablecoin in the market space. The popular stablecoin has recorded a whopping 15% rise in its market capitalization in the past 30 days to reach…