Cointelegraph By Ezra Reguerra
The Mozilla Foundation's back-tracking on crypto has earned a reaction from the creator of the world's first meme cryptocurrency.On Dec. 31, 2021, Mozilla, the developers of the Firefox internet browser, tweeted that the company was accepting cryptos like Dogecoin (DOGE), Ether (ETH), and Bitcoin (BTC) as donations, along with a...
While many countries are inclined to simply ban the use of Bitcoin (BTC) and digital assets, regulators in the United Arab Emirates are taking a different approach. The country has been consistently enacting its vision of becoming a blockchain capital by providing frameworks to guide crypto businesses on how...
Award-winning rapper Nas will release nonfungible tokens (NFTs) that will let his fans own a stake in two of his songs, Ultra Black and Rare. Users who buy and hold the NFTs, dubbed limited digital assets (LDAs), will get the specified percentage of streaming royalty ownership depending on the token...
The Solana blockchain has faced its second network performance degradation incident this week. According to Solana, this is happening because of a rise in high compute transactions. As a result, the network capacity which was originally advertised to be 50,000 transactions per second (TPS) was reduced to several thousand...
Due to the rise in demand, it’s increasingly harder to purchase nonfungible tokens (NFTs) on their initial launch. Because of the limited supply, and high demand, some NFT drops have sold out after only a few seconds of release. With this, users who are interested in purchasing newly-released collections have...
Binance Smart Chain-based yield farming protocol Arbix Finance was identified by blockchain security company CertiK as a rug pull. According to the firm’s incident analysis, there were several reasons why the project was flagged. The security firm states that "The ARBX contract has mint() with onlyOwner function, 10 million...
The Philippines, a country that’s already been struggling to get back on its feet because of COVID-19, has been hit by a catastrophic super typhoon. Back on Dec. 16, 2021, the typhoon hit landfall and went on a rampage for four days, leaving 334 cities and municipalities in...
South Korean tech giant Samsung revealed a new smart TV lineup with an integrated nonfungible token (NFT) platform. Samsung’s 2022 smart TVs such as Micro LED, Neo QLED and The Frame will have an NFT Platform app that can be used “for discovering, purchasing and trading digital artwork,” according...
Democratic Party (DP) presidential candidate Lee Jae-myung prepares to use nonfungible tokens (NFTs) to raise funds for his campaign. The party will issue NFTs to those who donate money for the campaign for the upcoming presidential elections. The NFTs will contain images of the candidate and his pledges. In...
Binance officially announced the implementation of a new Binance Coin (BNB) Auto-Burn protocol to replace its current quarterly burn mechanism. In response to the requests of the BNB community, Binance changed its quarterly burning protocol for BNB tokens. According to Binance, this will provide more “transparency and predictability” to...
