Solana wallet turns on grill to extinguish spam NFTs
Users of the Phantom wallet software can now delete spam NFTs that have been delivered by con artists thanks to a new Burn Token feature. Phantom, a wallet company with headquarters in Solana, has introduced a new burn feature that enables users to delete spam nonfungible tokens (NFTs) supplied by con artists. The new function, […]
Korean police seize crypto in trial for unpaid traffic penalties
In a Seoul suburb, local police have the power to seize cryptocurrency in order to pay off outstanding penalties for traffic offenses. A successful pilot program allowing police to confiscate cryptocurrency from the exchange accounts of people with unpaid traffic fines has been running in a town in South Korea close to Seoul. The national […]
First limited-edition AFL NFT drop sells out in less than 12 hours
After selling out in the initial drop, the limited edition digital packs had a retail price of 34.39 USDC each, raising almost $130,000. The inaugural limited-edition release of nonfungible tokens (NFTs) from the Australian Football League (AFL) received a fervent response on Wednesday, selling out in just under 12 hours. The football league released Ripper […]
Ontario crypto exchanges limit altcoin purchases to 30K CAD yearly
According to the crypto exchanges, the new buy limitations are meant to “protect crypto investors” and make them “more aware of the hazards” In order to “protect customers” despite stricter laws, Canadian crypto exchanges Bitbuy and Newton are imposing a 30,000 Canadian dollar yearly “buy limit” for “restricted currencies” for their users living in Ontario. […]
CBDCs only option to smooth continuity of monetary system: ECB
The ECB working paper intended to identify CBDCs related challenges, areas of agreement, and research needs, such as user preferences. The creation of central bank digital currencies (CBDCs), according to the European Central Bank (ECB), looks to be the “sole answer” that would ensure the “smooth continuance” of the current monetary system. The remarks were […]