Nonfungible airdrops: Could NFA become the next big acronym in the crypto space?

Airdrops are a great marketing tool, but they can have downsides for crypto projects and investors alike.

Transparent financial systems won't get real traction, blockchain exec argues

Anoma founder Adrian Brink pointed out that using a transparent system means that "your neighbor can see how much money you hold, what your daily preferences are.” As the conversation around privacy intensified with the recent Litecoin (LTC) upgrade called Mimblewimble and regulators’ reaction to the feature, Adrian Brink, the founder of blockchain protocol Anoma, weighed in on the topic and shared his perspectives to Cointelegraph. According to Brink, privacy is an essential tool for democracy because it prevents huge corporations from targeting people and segregating them into different bubbles.

USDC’s ‘real volume’ flips Tether on Ethereum as total supply hits 55.9B

At least on the Ethereum network, USDC real volume has nearly doubled that of USDT in the past 24 hours which could be another sign that the top stablecoin's dominance is coming to an end. USD Coin is taking a run at the title of the top stablecoin in crypto after its daily ‘real volume’ on the Ethereum network doubled that of Tether’s USDT on Tuesday. According to crypto market data tool Messari, Circle’s USDC posted $1.1 billion in daily real volume on the Ethereum network on June 21, which was double USDT’s real volume of $579 million.Messari’s real volume metric is calculated by compiling data only from exchanges that it believes have “significant and legitimate crypto trading volumes" and thus differs to the more-commonly seen "total volume" metric.

Balmain CMO: NFTs a 'Powerful Tool' For Luxury Fashion Brands

Luxury brands are leaning hard into the Web3 revolution—and wrestling with the challenges posed by decentralization.

Chinese chip designer reportedly filed for $50M Nasdaq IPO

Chinese mining chip designer Nano Labs has applied for an initial public offering (IPO) in the United States to raise $50 million on Nasdaq amid sluggish market conditions. Chinese mining chip designer Nano Labs has applied for an initial public offering (IPO) in the United States to raise $50 million on Nasdaq amid sluggish market conditions.According to information obtained by the Renaissance Capital IPO monitoring tool, the Huangzhou-based crypto mining chip maker has filed with the US regulator Securities and Exchange Commission (SEC) for its upcoming public offering on Nasdaq, the world's second-biggest stock exchange.The application for American depository shares is occurring amid a slew of regulatory difficulties in China and the United States, causing a shortage of Chinese issuers' overseas fundraising.

Tether is ‘instrument of freedom’ and 'Bitcoin onramp,’ says Bitfinex CTO

Paolo Ardoino, chief technology officer of Bitfinex and Tether, made the case that Tether is a tool for human rights during the World Economic Forum in Davos, Switzerland. On a sun-splashed day in the Swiss Alps, the chief technology officer of Bitfinex and Tether, Paolo Ardoino, shed light on the Plan B Lugano strategy, Tether as an onramp into Bitcoin (BTC) and —crucially — his favorite pizza toppings. Fresh off the plane from Norway, where Ardoino attended an increasingly Bitcoiner-friendly event, the Oslo Freedom Forum, the Italian explained that, in contrast to the WEF,there was no “shilling” in Norway.

Bill to ban digital assets as payment introduced in Russian parliament

The legislation would oblige the DFA managers to withhold any deals, implicating the usage of crypto as a monetary surrogate In recent months, Russian legislators have been preparing measures to fully institutionalize crypto as a properly taxable investment asset and a possible tool for foreign trade in Russia.

UNITBOX: Introducing Collateral-free NFT Renting and First Rent-to-Earn Tool

With the total value locked in GameFi crossing $28 billion, game development giants the likes of Electronic Arts and Ubisoft are exploring the Play-To-Earn (P2E) space.

This classic Bitcoin metric is flashing buy for first time since March 2020

The "Investor Tool" is now telling the market that "outsized returns" are due for anyone who buys Bitcoin now. Bitcoin (BTC) bulls may only need a pair of simple moving averages (SMAs) to determine if the bottom is in this halving cycle.In a Twitter thread on June 2, Checkmate, lead on-chain analyst at crypto analytics firm Glassnode, flagged the Investor Tool metric hitting “buy the dip” territory."Generational zone" enters for Bitcoin's Investor ToolThe Investor Tool is a simple yet effective BTC price metric showing the potential for buyers to enjoy “outsized” returns.Its creator, LookIntoBitcoin founder Philip Swift, aimed to deduce when BTC/USD is likely overbought or oversold.The metric uses the two-year SMA and its 5x multiple.

Hacker Steal Your Crypto? New MetaMask Tool Could Help You Get it Back

MetaMask will pay a crypto detective service called Asset Reality to help users who fell victim to a hacking attack on their wallet.