Ethereum Staking Provider Lido to Incorporate NFTs Into Unstaking Process
Lido, a leading Ethereum staking provider, is planning to incorporate non-fungible tokens (NFTs) into its unstaking process. The move is designed to provide greater flexibility and options for users who are looking to unstake their Ethereum tokens, and could help to improve the overall functionality and user experience of the platform.
NFT Inspect Makes Comeback After January Shutdown With Acquisition by JVH Technology
NFT Inspect, a platform that allows users to verify the authenticity of non-fungible tokens (NFTs), has made a comeback after being shut down in January. The platform was acquired by JVH Technology, a blockchain-focused technology firm, and has been updated and improved to provide better security and functionality.
Decentralized Sports Betting: The Solution to Transparency and Fairness
Sports betting is a multi-billion dollar industry, but it has always been plagued by issues of transparency and fairness.
Ticketmaster Launches NFT-Gated Ticketing Service for Avenged Sevenfold Shows
Ticketmaster, the global provider of event ticketing services, has launched “token-gated sales,” allowing fans access to concert tickets using non-fungible token (NFT) technology. The first to use the service is the metal band Avenged Sevenfold (A7X), whose “Deathbats Club” NFT collection gave owners early access to the group’s shows in Los Angeles and New York City. Following the ticket sales, Ticketmaster announced that it had built and launched a token-gated service for the upcoming A7X shows.
On the Merge of Equity in Web3 and Other Investment Trends
People typically love a story of new ideas revolutionizing the old. As romanticizing as this may sound, the reality is that new ideas and platforms usually go through a transition period, which we refer to in this article as “the merge of equity, FT and NFT”.
The Fully On-Chain Game MOPN Will Open the Genesis Land NFT Mint on March 31st
Cointime March 28. Fully on-chain game MOPN will launch Mint of Genesis Land NFT on March 31 (UTC) according to a post on their social media. MOPN is an Ethereum-based NFT placement game. Mining with placing arbitrary NFT, collecting taxes with minted land NFT, competing for territory in group games, and so on. The token economy includes the ERC-20 token $MT, the game props ERC-1155 BOMB, and the LAND ERC-721 Land.
UK Government Cancels Plans To Launch NFT
The UK's Treasury has canceled plans to launch a non-fungible token (NFT) as part of a broader bid to make the UK a more appealing hub for crypto innovation. The move, initially proposed by then Chancellor of the Exchequer Rishi Sunak, was announced in the spring of 2022 by the UK's Royal Mint. The British government was also making moves to bring stablecoins within a regulatory framework to be used as a recognized form of payment at the time. In a written response to questions on Monday, Treasury minister Andrew Griffith said the Royal Mint is "not proceeding with the launch of a Non-Fungible Token at this time but will keep this proposal under review."
UK Treasury Drops Plans for Royal Mint NFT
The UK government has decided not to proceed with plans to launch a government-backed non-fungible token (NFT) for the country that was initially proposed by former chancellor of the Exchequer, Rishi Sunak. Sunak had asked the Royal Mint to create an NFT for Britain as part of the government's ambition to make the UK a global hub for crypto-asset technology and investment. However, the project failed to meet its summer 2022 deadline and has been put on hold. The concept of the NFT for Britain remains vague, with the Royal Mint and Treasury not elaborating on what the NFTs would do or how they would be used. Some opponents of the plan questioned Sunak's priorities, given the cost of living crisis in the country. (Cointelegraph)
Crypto Morning Briefing: Justin Sun’s US Fraud Charges Could Hamper Huobi’s License Application in Hong Kong
CFTC Sues Binance and CEO for Violating Trading Rules, Bitcoin and Ethereum Prices Dip; Binance Continues Global Expansion With New ‘Web3 Outpost’ in Georgia; Dogecoin To Get Upgrade Release Packed With New Features and Enhancements
