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…

Tornado Cash sanctions will undermine the US and strengthen crypto

The United States government’s sanctioning of the open-source code that makes up the Tornado Cash privacy protocol may be shocking, but it’s not surprising. America has been tightening its grip over the global financial system for decades ostensibly to cut down on bad behavior but also to project power abroad. Economic sanctions, like the ones…

3 reasons why Chiliz is up 35% this week — And where is CHZ price heading next?

The price of Chiliz (CHZ) has surged by approximately 35% week-to-date (WTD) to reach $0.26 per token on Aug. 24. In doing so, the token has outperformed Bitcoin (BTC) and Ether (ETH), which have been wobbling between gains and losses in the same period. CHZ/USD versus BTC/USD and ETH/USD daily price chart. Source: TradingView Here…

Bitcoin breakout possible as whales close in on sideways BTC price

Bitcoin (BTC) stayed strictly rangebound on Aug. 24 as buyers and sellers attempted to spark a breakout. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Spot price squeeze on the cards Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hovering near $21,500 at the Wall Street open. The pair had seen little action in the…

FDIC–FTX spat is another reason for investors to get their funds off exchanges

Searching for more evidence that self-custody of your cryptocurrency holdings beats a centralized manager? Look to the latest action by the Federal Deposit Insurance Corporation (FDIC). The agency sent a letter to FTX Exchange this month — along with four other entities — that included a cease-and-desist order for “false and misleading statements.” Namely, it…

NFTs are a ‘natural place’ for digital artists — Gal Yosef

The hype surrounding nonfungible tokens, or NFTs, may have died down in recent months due to the crypto bear market, but that hasn’t stopped digital artists from experimenting in the new and exciting space. Gal Yosef, a globally renowned self-taught artist in the field of 3D art and animation, has proven his versatility by launching…

Beijing announces two-year Metaverse innovation and development plan

The Beijing municipal government on Tuesday announced a two-year (2022–2024) Metaverse innovation and development plan that would require all districts to adhere to the newly released Web3 innovation plan. The development action plan refers to the Metaverse as a new generation of information technology integration and innovation that would drive the growth of the internet…

Top 8 Best Protein Rich Indian Foods for Breakfast (Adults and Kids)

Protein Rich Indian Foods for Breakfast: We all require proper nutrition to remain fit and healthy. Lack of adequate diet leads to many health issues like obesity, stress, and others. A full health can be acquired with the help of regular exercise and right diet. A right diet comprises of taking carbohydrates, proteins, fatty tissues…