According to data, almost all the largest NFT collections in the market are down by a considerable margin.
UST’s decline has prompted calls from the US government on the stablecoin regulation.
Dollar stablecoin UST plunged substantially on Wednesday to below 40 cents, as its sister token Luna also sank 80% to $5.
Using Highlight’s toolkit, creators can tailor their community’s visual appearance to their preference and design and mint NFTs.
The $25 million seed round is said to be used for the development of the company and the expansion of its team.
Singapore’s sovereign wealth fund, GIC, is the lead investor in the latest Chainalysis funding.
Using the funds, Talos will expand its institutional-grade digital asset platform. The firm will also pursue further expansion into Europe and the Asia-Pacific region.
The proceeds from the pre-Series B round will go to fund expanding KuCoin’s reach beyond centralized trading. KuCoin wants to focus on Web 3, crypto wallets, GameFi, DeFi, and NFT platforms.
Nigeria’s CBN governor says that eNaira will support all kinds of payments including utility, for individuals and merchants alike.
The governor of the central bank of Chile noted that the CBDC would have to co-exist with cash rather than replace it.
All the proceeds from the “Mother of Creation” collection will go for charity donations to The Voices of Children Foundation, The City of Joy, and Black Mama’s Bail Out organizations.
The tokenization will begin with Belgian painter James Ensor’s (1860–1949) painting “Carnaval de Binche.”
According to Zuckerberg, NFT creators and collectors will be able to display their NFTs on their profiles.
Arianee’s technology is also being used by luxury brands based out of Switzerland such as the Richemont Group business complex.
To encourage adoption, payments for subway rides from the digital yuan wallet will attract a 10% discount until June 5.