Instagram to support NFTs from Ethereum, Solana, Polygon, & Flow
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. However, it is still in the clouds whether Instagram will support…
Bridgewater Assets to Add Crypto Fund
Ray Dalio, the founder of Bridgewater Assets, has called Bitcoin a “great accomplishment,” and his hedge fund believes institutional investors will adopt it in the coming years. Months after its billionaire founder Ray Dalio admitted that he owns Bitcoin, the world’s largest hedge fund is apparently intending to start obtaining exposure to cryptocurrencies. …
Grayscale Announces Smart Contract Platform Fund for ETH Rivals
Grayscale’s new fund invests in seven smart-contract cryptocurrencies but excludes Ethereum. The Grayscale Smart Contract Platform Ex-Ethereum Fund has been formed by Grayscale, a well-known cryptocurrency asset management. Aside from Ethereum, the fund has exposure to a number of cryptocurrencies that support significant smart contract networks. Smart Contracts Investment According to a news…
Coinbase Wallet Extends Support for Solana Ecosystem
Coinbase has announced support for the Solana ecosystem on Coinbase Wallet’s desktop extension. As per the blog post of Coinbase, the users can control their SOL (Solana) and SPL (Solana tokens) along with the tokens secured on all of Coinbase Wallet extension’s supported networks like Avalanche, Ethereum, BNB Chain, Polygon, etc. This will also allow…
Ethereum Launches Final Edition of Kiln Testnet For Users
Setting the first foot right, the world’s leading decentralized platform, Ethereum has launched the last public testnet Kiln on its ecosystem. What makes the launch of Kiln more special is the fact that it unanimously hints towards the edging of Ethereum’s long-awaited ‘Merge’ upgrade that will transform the way the crypto community trades and works…
Heavyweight Champion Klitschko Launches NFTs to Support Ukraine Amid War
Seeing the growing craze for Non-Fungible Tokens, people from all the realms of our society have started investing in digital collectibles as a potential financial resource. Where the popularity of NFTs has been in full swing across the economic and industrial arena, the sector has received burgeoning support from the sports industry as well. The…
Binance is pursuing Thailand as the next location for crypto exchange expansion
Working as one of the world’s largest cryptocurrency exchange platforms, Binance is all set to mark its strong presence in Thailand with a strategic collaboration with Gulf Energy Development PCL. The integration will play a significant role in reinstating its powerful cluster of crypto tools and services for Thailand’s native crypto investors through its upcoming…
Central Bank of Malaysia Probes Into CBDC Research
Malaysia has emerged as the latest country to join the list of the countries looking forward to exploring the virtual currency space with a government-regulated CBDC project. The constant surge in the popularity of cryptocurrencies has made financial regulators and governments from across the globe give serious thought to a project that is a perfect…
BNB Auto-Burn replaces Binance quarterly burn protocol
Leading cryptocurrency exchange Binance has announced the launch of a powerful Binance Coin (BNB) Auto-Burn protocol in place of its present quarterly burn system. The decision comes in response to the multiple requests forwarded by the BNB community users demanding the replacement of the existing quarterly burning mechanism for the native currency. With this…
PwC Hong Kong marks entry in The Sandbox
Serving as the international subsidiary concern of the world’s biggest business services provider PricewaterhouseCoopers, PwC Hong Kong is all set to make a smashing entry in Metaverse. To initiate this expedition, PwC Hong Kong has purchased LAND in the renowned virtual metaverse of The Sandbox. The Sandbox portal allows users to immerse themselves in…
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