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South African University Professor Urges Country to ‘Finalize Cryptocurrency Policy’ — Warns Against Resisting Crypto

A professor with the University of Johannesburg, Rabelani Dagada, has urged South Africa to finalize its cryptocurrency public policy if the country still wants to become a hub for digital currency innovation. History Will Repeat Itself In an opinion published by Itweb, Dagada warned South African authorities that the continued efforts to stifle cryptocurrencies will not achieve the intended objectives. He adds that regulators must learn from history that violently opposing an emerging innovation will not kill it. He explained: Technology has prevailed against violent and regulatory opposition. During the

APENFT Announces Strategic Partnership With BAYCTron; Tron’s Justin Sun Follows Closely

After its highly anticipated marketplace launch, Bored Ape Yacht Club Tron and APENFT Foundation joined forces through a strategic partnership meant to incentivize further the development of promising NFT works on the Tron ecosystem. This collaboration arrives as BAYCTron kicks off its Mutant Apes minting campaign. A series of 15,000 primate-inspired collectibles have been put up for sale following a stunningly fast minting of 10,000 unique artworks earlier this month. With its first collection, Bored Ape Yacht Club Tron supported by Palmar Labs placed itself among the fastest-selling collections on

Time Magazine’s NFT sale peppered with technical problems 

When Time Magazine announced it would finally launch its NFT collection, everybody expected that it would sell out quickly, given the magazine’s rich and valuable media content.  While this expectation was indeed met when its NFT collection comprising 4,676 digital art pieces were sold out in just one minute, there was one thing that buyers didn’t expect: Technical glitches.  According to reports, users have experienced gas prices reaching 9,000 gigawei for a rapid transaction. When the minting process was finished, there were roughly 700 holders of NFTs.  Gigawei is a

Wormhole NFT bridge allows users to transfer assets on different blockchains

A new service called Wormhole NFT Bridge connects Ethereum and Solana to let users transfer assets between these competing blockchains.  This service, in technical terms, is called a “bi-directional bridge” that can send assets and make them compatible with other blockchain platforms.  This is how it works: When someone wants to transfer a Solana NFT to Ethereum to sell it on OpenSea, the service would first lock the original NFT within the Wormhole smart contract.  A smart contract is a technology that runs behind decentralized apps, DeFi protocols, and NFTs

Win Big On The Big Bad Wolf Megaways Slot With BitStarz

From the classic tale of the 3 little pigs, software developer Quickspin brings you the story reimagined. Recently released, this game is currently available to play on BitStarz casino. We are testing it so you don’t have to, giving you all the finer details so you can dive in without worry. This video slot game features 6 reels, and between 2 and 7 rows, depending on the size of your symbols. Because of the alternating symbol sizes, this slot game has a potential of 117,649 megaways to win on.  This

Steve Cohen Invests in Crypto Trading Firm Radkl

The hedge fund magnate and owner of the New York Mets continues his support, vocally and financially, for the crypto industry. Sponsored Sponsored Cryptocurrency trading frim Radkl has secured a high-profile investor in Steve Cohen. Cohen has invested an undisclosed about of financial support for the new firm, which launched on Tuesday. According to the Wall Street Journal Cohen is investing with his personal assets rather than using capital from his Point72 Asset Management LP.  According to a spokesperson from Radkl, Cohen “won’t be involved in Radkl’s day-to-day operations.” The move

Knit Finance and Kyber Network Team Up for Liquidity Solutions

DeFi News Knit Finance and Kyber Network are teaming up for a strategic collab. The collab will create market options and boost liquidity for both platforms’ assets. Both networks’ assets will also be able to operate on multi-chain. Decentralized Protocol Knit Finance is teaming up with Kyber Network, a liquidity hub, for a strategic partnership. This collaboration will see the latter’s native token integrated into the Knit Finance multi-chain platform. Moreover, the partnership will create market options and boost liquidity for both assets. Knit Finance will also add liquidity for