Crypto Explainers

NFTs Lead To Financial Risks, Warned China

NFTs Lead To Financial Risks, Warned China

Reuters | Sunday April 17, 2022

China warned last week of financial risks associated with non-fungible tokens (NFTs), as three industry bodies jointly issued guidelines to prevent the digital asset market from overheating.

To Keep Art Alive, Taiwan Puppeteers Look To Use NFTs

To Keep Art Alive, Taiwan Puppeteers Look To Use NFTs

Reuters | Sunday April 17, 2022

A group of Taiwanese puppeteers are looking to use non-fungible tokens, or NFTs, to help bring their traditional art form into the modern era and keep it relevant for a new audience.

World's First "Crypto-Backed" Payment Card Launched By Mastercard And Nexo

World's First "Crypto-Backed" Payment Card Launched By Mastercard And Nexo

Reuters | Saturday April 16, 2022

Crypto lender Nexo said it has teamed up with global payments company Mastercard to launch on Wednesday what it calls the world's first "crypto-backed" payment card.

NFT Global Sales Volume Decline By Half: Is It A Worrying Signal?

NFT Global Sales Volume Decline By Half: Is It A Worrying Signal?

Saturday April 16, 2022

NFTs are a form of crypto asset, which cannot be replicated or duplicated. It can be a digital record of an image, video or audio file, or text.

The Metaverse And Banking - What Changes Would The New Web Sensation Bring To Banking?

The Metaverse And Banking - What Changes Would The New Web Sensation Bring To Banking?

Monday April 11, 2022

The metaverse has the potential to make huge improvements in the banking sector, changing the way banks engage with their customers, invent products and enable services.

Cryptocurrency Investors, Here’s What You Need To Know About Transactions Through UPI

Cryptocurrency Investors, Here’s What You Need To Know About Transactions Through UPI

Sunday April 10, 2022

UPI use for cryptocurrency came under lens after global giant Coinbase launched its trading service in India.

No Plans To Regulate Metaverse, Web 3.0: Government

No Plans To Regulate Metaverse, Web 3.0: Government

Sunday April 10, 2022

The government has made it clear that it has no plans to apply any regulations on Metaverse or Web 3.0, as these technologies are still evolving.

KGF: Chapter 2 Launches Digital Avatars Of Lead Actor Yash, Dubbed The "KGFVerse"

KGF: Chapter 2 Launches Digital Avatars Of Lead Actor Yash, Dubbed The "KGFVerse"

Saturday April 09, 2022

The makers of KGF: Chapter 2 have launched digital avatars of the films lead actor Yash on the metaverse.

Meta Plans Virtual Currency ‘Zuck Bucks’ And NFTs To Diversify Revenue And Revitalise User Base

Meta Plans Virtual Currency ‘Zuck Bucks’ And NFTs To Diversify Revenue And Revitalise User Base

Saturday April 09, 2022

Meta, the company that owns Facebook and Instagram, has announced plans to create its own virtual currency, which staff has dubbed "Zuck Bucks." And as per reports, the currency will not be a blockchain-based cryptocurrency.

No Plans To Regulate Metaverse, Web 3.0 As These Are Evolving Technologies: Government

No Plans To Regulate Metaverse, Web 3.0 As These Are Evolving Technologies: Government

Wednesday April 06, 2022

Government has said that it has no plans to apply any regulations on Metaverse or Web 3.0, as these technologies are still evolving