This platform makes transfers cheaper, opens access to digital assets, and protects consumers

Across the globe, citizens in many countries still face high costs of money transfers both domestically and internationally. That’s why digital assets have become the logical solution to answer this challenge — as a decentralized store of value that could enable everyday transactions, regardless of borders. Unfortunately, despite its positioning to level the playing field,…

Spatial digital art exhibitions to level up metaverse experiences

In Decentraland’s third annual Metaverse Art Week held on Aug. 24–28, curators turned to new ways to utilize digital space to bring more interactive and true-to-life experiences of art. The metaverse world modeled its latest virtual festival after the real-life Biennale art event, which utilizes public space to display art. Visitors to the in-real-life (IRL)…

The Real deal? Peter McCormack’s Bedford Bitcoin bet scores more than goals

The Bitcoin Standard has many formations. For some, selling all possessions and living off magic internet money is key; for others, it’s about sweeping every spare penny into satoshis. For popular podcaster Peter McCormack — an avid football fan — it meant buying his local club and signing Bitcoin (BTC) onto the team sheet. Bitcoin…

Ethereum Merge prompts miners and mining pools to make a choice

The Ethereum blockchain is all set to make its highly anticipated transition from its current proof-of-work (PoW) mining consensus to proof-of-stake (PoS). The Merge date is officially scheduled for Sept. 15–16 after the successful final Goerli testnet integration to the Beacon Chain on Aug. 11. At present, miners can create new Ether (ETH) by pledging…

Biden is hiring 87,000 new IRS agents — and they’re coming for you

The Inflation Reduction Act, signed into law this month by United States President Joe Biden, empowers the Internal Revenue Service with nearly $80 billion in new funds. The world’s most powerful tax collection agency is using the money to go on a hiring spree to fuel much tougher enforcement efforts. It is widely assumed that…

Blockchain venture capital funding down over 43% in July: Report

Typically a lagging indicator of the sector’s health, the explosion of venture funding in the blockchain sector in 2021 and the first half of 2022 appears to be cooling off after seven consecutive sectors of growth. According to Cointelegraph Researchinflows in the blockchain venture capital market have declined by 43% month-on-month in July 2022. The…

Celebrities called out for shilling NFTs: Nifty Newsletter, Aug 10–16

In this week’s newsletter, read about how Justin Bieber, along with other celebrities, was called out to disclose their connections to nonfungible token (NFT) firms. Check out the market performance of blue chip NFTs and how NFT games have an advantage over traditional gaming business models. In other news, learn about how OpenSea is implementing…