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Nonfungible tokens are about more than Bored Apes. They fulfill a host of functions better than existing systems. Some critics deem nonfungible tokens (NFTs) to be totally worthless. They don’t see the point. Why should they? The industry hasn’t covered itself in glory with countless rug pulls and celebrity endorsements with prompt pump-and-dumps.But, this is

Solana NFT volume surged to $130 million in September and Gary Vaynerchuck’s VeeFriends are set to be released as collectibles at Macy’s and Toys “R” Us. Yuga Labs has announced a new Bored Ape Yacht Club (BAYC) community council to help the project “grow and thrive.”The team revealed seven council members in an Oct. 5

The objection is seeking a deferral on Celsius motions until the independent examiner report on the company is filed over the next couple of months. The Department of Justice (DOJ) has submitted an objection to Celsius’ motion to reopen withdrawals for select customers and sell its stablecoin holdings.The DOJ is asserting that the state of

JP Morgan CEO is again against crypto, Ripple moves closer to a dismissal in its SEC lawsuit and Binance could buy Voyager’s assets. These stories and more this week in crypto. JPMorgan CEO Attacks Crypto – Again During a congressional ceremony this week, JPMorgan CEO, Jamie Dimon was vocal in his criticism of crypto. He

Rumors of expanding war, massive inflation destroying people’s purchasing power, and widespread volatility in the world of fiat currencies shaped the news this past week, with similarly dynamic developments in the world of cryptocurrency. Rich Dad Poor Dad author Robert Kiyosaki says the “end is here” for fake money. This and more just below in

Introduction Cryptocurrency has been around for a while now, and many people are riding the ups and downs, hoping that…

The final countdown to the Ethereum merge begins, GameStop doubles down on crypto and a group of traders just made a fortune on a Coinbase glitch. These stories and more this week in crypto. Bitcoin Tops as the Dollar Drops Bitcoin surged past $21,000, marking its best day in months as the U.S. dollar index

Forked coins have proven to be lucrative in the past. Holders of Ethereum came to possess an equivalent amount of Ethereum Classic when it forked in 2016. Ethereum’s blockchain Merge is expected to take place around 05:05 UTC on Sept. 15. It is a milestone that marks a full transition towards Proof-of-Stake (PoS) for Ethereum

Coming every Saturday, Hodlers Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more a week on Cointelegraph in one link.Top Stories This Week US Fed vice chair Michael Barr favors hard line on crypto, OCC acting

Polygon’s chief of security says his department now employs 10 experts to ensure top-notch cyber security practices are adopted, recommending other crypto firms do the same. Polygon Chief Security Officer Mudit Gupta has urged Web3 companies to hire traditional security experts to put an end to easily preventable hacks, arguing that perfect code and cryptography

XT.COM, the first social digital asset exchange platform, announced the listing of Lovely Inu ($LOVELY). The LOVELY/Tether trading pair launched on September 3 according to a press release. The new listing aims to offer users an immersive, safe experience with a competitive trading edge. To be eligible for trading, users began depositing on September 2. An

Telegram moves into Web3, half of Bitcoin’s trading volume could be fake and an ex claims that John Mcafee faked his death. These stories and more this week in crypto. Bitcoin Drops Following Fed’s Warning Federal Reserve chair, Jerome Powell, warned households and businesses to prepare for pain as the US central bank aims to

NFT Steez chats with Lukso co-founder Marjorie Hernandez about how Universal Profiles onboard and empower users with digital self-sovereignty Sovereign identity has been a hot topic in blockchain and cryptocurrency, especially with the rise of the creator economy. Currently, there are two types of digital identities. One is federated and centralized whereby data is in

Scan and pay with e-CNY is now available in multiple Chinese cities for citizens looking to ride their local buses and subways. According to multiple sources, on Tuesday, China officially began rolling out the next round of its central bank digital currency (CBDC) pilot test program. In the city of Guanzhou, it is now possible

Blackrock offers direct bitcoin exposure, FTX brings crypto swaps to Reddit and soccer clubs trademark the Metaverse. These stories and more this week in crypto. Crypto Market Rally Continues The cryptocurrency market enjoyed a positive week, following news that inflation is cooling down. With declining gas prices, the U.S. Consumer Price Index remained flat from

Like any aging empire, America is reacting to its competition. The United States’ move to sanction the open-source code that makes up the Tornado Cash privacy protocol may be shocking, but it’s not surprising. America has been tightening its grip over the global financial system for decades, ostensibly to cut down on bad behavior, but