Day: 18 September 2023

In 2021, the musician 3LAU earned nearly $12 million in just one day by selling his first NFT album to fans. During the same year, artist Don Diablo sold an NFT of his concert for $1.2 million. These earnings were unprecedented in the music industry. Let's provide some context: Musicians ...

The rise of the decentralized web often referred to as Web3, has made a big impact on different industries and how we use digital services. Web3 aims to give individuals more control by creating decentralized platforms that remove the need for middlemen and boost user trust. One industry that can ...

Cryptocurrencies have undeniably revolutionized the world of finance, offering a decentralized alternative to traditional banking systems. However, the notion of decentralization doesn't necessarily equate to immunity from manipulation. In fact, judging from the current climate, it's quite the opposite. Consider this: A Chainalysis study noted that an estimated 460 million ...

The National Bank of Kazakhstan (NBK) has unveiled plans to establish a dedicated agency to develop and implement the country's central bank digital currency (CBDC), the digital tenge. In an official statement released on September 15, the NBK announced that it would reorganize the existing Kazakhstan Center for Interbank Settlements ...

Joseph Lam Chok, a prominent social media influencer and lawyer in Hong Kong, has been arrested by local police on suspicion of promoting an unlicensed cryptocurrency exchange and trading platform, JPEX.  Local newspaper South China Morning Post reported that Hong Kong police arrested Lam Chok at his office in the ...