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Brazil legalizes crypto as a method of payment Brazil’s Chamber of Deputies approved a regulatory framework legalizing the use of crypto as a method of payment in the country. This gives a regulatory boost to the adoption of digital currencies and the expansion of the ecosystem. However, it does not grant cryptocurrencies the status of […]
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Meta’s Instagram plans NFT minting, trading tools Instagram is developing an NFT minting and sale feature through its app. The upcoming “end-to-end toolkit” for NFTs will allow users to create and launch their own NFTs for sale through the social media platform. Instagram will use the Polygon blockchain for NFT minting. It will also pull NFT metadata from OpenSea so that […]
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OpenSea adds Avalanche NFT support OpenSea has added non-fungible tokens (NFTs) from the Avalanche blockchain to its online marketplace. Avalanche is an open-source network with the native token AVAX and three different blockchains, one of which is called the C-Chain. The C-Chain is optimized for Ethereum compatibility and smart contracts, which NFTs use. OpenSea currently […]
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Metamask unveils all-in-one digital asset portfolio dApp Metamask has launched a new beta decentralized application (dApp) that serves as a one-stop shop for managing crypto and non-fungible token (NFT) portfolios on different platforms. Users can access this dApp by clicking the “Portfolio” link on their browser extension’s home screen to connect multiple accounts. The dApp […]
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Busan taps FTX to develop crypto exchange South Korean city Busan signed an agreement with crypto exchange FTX to develop blockchain-based businesses in the coming months. This partnership is in line with the city’s broader plans to become a global blockchain and financial hub. Busan City and FTX will work together to develop and promote […]
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OpenSea debuts Solana NFT launchpad NFT marketplace OpenSea has rolled out its new launchpad feature for minting new Solana non-fungible token (NFT) projects. A launchpad lets collectors mint (i.e. generate and purchase) NFTs during a primary sale. Zoonies, an alien-themed Solana NFT profile picture project, debuted on the platform yesterday. However, it’s been more than a […]
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CoinDCX extends withdrawal restrictions Crypto exchange CoinDCX has extended the withdrawal restrictions that have been in place since May 13 until further notice. The company said these extreme steps are necessary to implement enhanced compliance and risk frameworks. The recent liquidity crises at several institutions (including Celsius Network), which paused crypto withdrawals and transfers, have stirred […]
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Blockchain security firm Forta launches native token Blockchain security firm Forta introduced a native token, FORT, to provide an incentive to secure the network. Forta was born from blockchain security startup OpenZeppelin late last year. It takes a decentralized approach to security by working with researchers who deploy bots to patrol various corners of the […]
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FTX in talks to invest in Indian gaming startup MPL India’s Mobile Premier League (MPL) is in talks to raise capital from several investors, including crypto exchange FTX as it prepares to make a push on Web3 capabilities. MPL operates over 60 mobile games, including sports-based, card-based, and fantasy. In recent weeks, it has informed […]
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Blockchain firm Ronin hit by $615 million crypto heist Blockchain company Ronin said hackers stole crypto worth almost $615 million from its systems. It is considered one of the largest cryptocurrency heists on record. On March 23, unidentified hackers stole nearly 173,600 ether tokens and 25.5 million USD Coin tokens. The hacker had used stolen […]

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