Crypto News Cast 📮 03-02-2022
Welcome to The Crypto News Cast: A Complete Cryptocurrency News letter For Today
24hours Cryptocurrency Market Cap:
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⚠️Bitcoin Dom: 41.60%
📌Active Coins: 4513
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💲24h Vol: $70 B
Crypto News Updates :
- Coachella Will Release NFTs In Collaboration With FTX.US
- McDonald’s Celebrates The Chinese New Year In The Metaverse
- Alphabet CEO Confirms The Company Eyeing The Blockchain Industry
- In A Major Eastern Expansion, FTX Buys Liquid Group
- Cardano Increases Block Size By 11% To Address Scaling Issues
- U.S Senator Toomey Acknowledges That Cryptocurrency Is Here To Stay
- For The Giving Block In 2021, Ethereum Surpasses Bitcoin As Most Donated Cryptocurrency
- Grammy Winner, John Legend Has Launched NFT Platform For Music And Art
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– Coachella Will Release NFTs In Collaboration With FTX.US
According to its website, the Coachella music festival in California plans to issue a series of non-fungible tokens. Coachella’s NFT collection will comprise ten “key” NFTs that will be good for a lifetime. The permits will provide access to both annual events in April and online concerts. These NFTs will be auctioned to the highest bidder rather than having a defined price. Two larger NFT collections are also included in the series. Read Full on Crypto Briefing.
– McDonald’s Celebrates The Chinese New Year In The Metaverse
The US fast-food chain’s latest venture allowed customers to celebrate the Year of the Tiger in the Metaverse. They will be able to see Humberto Leon’s “one-of-a-kind collection of zodiac animal patterns.” Customers may also receive horoscope readings based on their birth date, which provide insight into the coming year. Leon is a Chinese-Peruvian American whose cross-cultural identity has influenced his artistic perspective. Read Full on CryptoPotato.
– Alphabet CEO Confirms The Company Eyeing The Blockchain Industry
On a Tuesday earnings call, officials from Alphabet, the parent firm of Google and YouTube, said they are exploring into incorporating blockchain technologies into their blockbuster services. In response to a question from an analyst about how Alphabet perceives Web3, CEO Sundar Pichai said the business has numerous areas of interest. “We’re absolutely looking into blockchain,” Pichai added.Read Full on blockworks.
– In A Major Eastern Expansion, FTX Buys Liquid Group
According to press announcement on Liquid Group’s website today, crypto exchange FTX is in the process of acquiring the Japanese fintech company and all of its subsidiaries. FTX will also assume control of Quoine, one of the first Japanese cryptocurrency exchanges to be established with the country’s Financial Service Agency (FSA) in 2017. Quoine was awarded a Type 1 Instruments Business license, allowing it to market derivatives. Read Full on Decrypt.
– Cardano Increases Block Size By 11% To Address Scaling Issues
Input Output, Cardano’s key development team, will raise the network block size by 11%. Plutus, the team’s smart contract platform, will also get a memory boost. Input Output announced that Cardano’s block size would be increased from 72 to 80 kilobytes. The upgrades would give greater resources for Plutus scripts to improve dApp user experience while enhancing overall network capacity, according to the Input Output team. Read Full on Crypto Briefing.
– U.S Senator Toomey Acknowledges That Cryptocurrency Is Here To Stay
Senator Pat Toomey of Pennsylvania spoke with CNBC’s Squawk Box about trading cryptocurrencies and maintaining it in one’s portfolio, as well as whether other senators, such as legislative members of congress, should be allowed to trade while having access to information that the typical person does not. Toomey says he isn’t actively trading bitcoin, but he feels it is here to stay and should be included in a diversified portfolio. Read Full on Finbold.
– For The Giving Block In 2021, Ethereum Surpasses Bitcoin As Most Donated Cryptocurrency
The Giving Block, a platform that allows users to donate cryptocurrency to a variety of charitable organizations, revealed today that it processed more than $69M in cryptocurrency donations in 2021. For the first time, Ethereum (ETH) has surpassed Bitcoin (BTC) as the most valuable cryptocurrency. In 2021, Ethereum donations through The Giving Block totaled approximately $30.8M, while Bitcoin donations totaled nearly $25.9M. Read Full on Decrypt.
– Grammy Winner, John Legend Has Launched NFT Platform For Music And Art
John Legend, an American singer-songwriter, is joining the ranks of celebrities flocking to the realm of nonfungible tokens (NFTs) by assisting with the development of a new NFT platform for artists and other entertainers. OurSong is a platform that allows artists to tokenize and sell their work and access to unreleased music. As Chief Impact Officer, Legend will be in charge of attracting up-and-coming musicians and their fan communities. Read Full on cointelegraph.
