As UAE's constant effort to push the development of the virtual asset sector to entice new forms of business as regional economic competition escalates, @binance has been granted consent to operate and extend exchange products and services in Dubai.
#Binance
Spotify is now lining up plans to incorporate NFTs to its service, and is currently establishing a team to work on Web3 related projects.
#NFTs#Spotify#Web3
Art Dubai is exploring new frontiers with the launch of its new section of art galleries. Giving emphasis to the increasing interest in digital mediums and the rise of NFTs as Dubai becomes a crypto capital.
#NFT#DubaiExpo2022#art
After US' crypto regulation order, the European Union's parliamentary committee is also now reviewing a regulatory framework which requires crypto assets to subject under 'sustainability standards', which analysts say could practically ban Bitcoin and Ethereum in Europe.
The rate of NFT fundraisers set up by the NFT community is astounding. While this shows the good use of the decentralized economy, many crypto fundraising scams are rising too.
#NFT#Ukraine๏ธ#cryptocurrecy
Led by Russian activist Alona Shevchenko, PleasrDAO, and Trippy Labs, UkraineDAO'S Flag NFT Raises over $6 Million in ETH to support Ukraine's war efforts and aid civilian organizations.
Ukraine is currently planning to release an NFT collection as a sign of embracing digital assets to fund war efforts after also raising over $280m in War bonds.
The U.S. Securities and Exchange Commission (SEC) is investigating NFT creators and platforms for certain NFTs that 'might' fall within SEC's jurisdiction.
SEC chief has stated that he believes many crypto tokens should fall under the purview of the securities' regulatory regime.
Rakuten, Japan's e-commerce giant has introduced its own NFT platform which focuses on entertainment such as anime and music. The platform also comes with a 'one-stop' feature providing IP holders with the ability to build their own website for the issuance and sale of NFTs.
Adult film star Lana Rhoades condemned by fans after rug pulling her NFT projectโupset by the event, the star has deleted her Twitter account.
"Youtubers are f***ing sickos, diseases of the internet who will do anything and say anything for views." She stated.
An artist who blew up a Lamborghini earlier this month to protest against greed in crypto is now selling videos of the destroyed car parts as NFTs.
The auction, which is scheduled to take place later this week, will start the NFTs at around .01 Ether, or around $26.
FTX is launching a new team to focus on driving NFT adoption in the gaming world alongside a platform which game publishers can launch tokens and provide support for in-game NFTs.