Proof of Reserves (PoR) To Avoid Future CEXs From Liquidation
Binance and other big centralized exchanges plan to use the Proof of Reserves as an auditing technique to reassure their customers of the safety of their funds. As trust in its accounting of billions in assets disappeared, crypto exchange FTX went...
Crypto Exchange FTX Has Filed for Bankruptcy Protection in the US
The Bahamas-based company, FTX.com crypto exchange, announced Friday (November 11, 2022) that the crypto exchange had filed for bankruptcy protection in the United States. Sam Bankman-Fried, the founder and CEO of FTX, has also resigned but said he...
Independent Blockchain Games Have More Users Than Top Metaverses
The largest metaverses have lower daily active users than other smaller and independent blockchain games. Top metaverses are trying to make things appear better than they actually are. The metaverse received a lot of attention in 2021 when the...
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A music festival is offering NFTs as lifetime passes
Coachella, the famous US music festival, has launched lifetime festival passes. But the truly surprising news is that these passes will be sold as NFT. Coachella has partnered with FXT.US to create the Coachella NFT marketplace. The NFTs will be put on sale on...
The Metaverse Will Have NFTs With Utility in 2022
Non-fungible tokens (NFTs) have reached a higher level of popularity and acceptance by both the online and crypto communities. NFTs with utility are here and are no longer considered a bubble, as more projects join the space and give new utility to the created NFTs. ...
What Are Metaverse NFTs and How Do They Work?
What is a metaverse NFT? The metaverse has been one of the most awaited online experiences. Now it is now available for users from all around the world through a simple internet connection. Here’s what the metaverse brings and how the metaverse NFT tokens can be...
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