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If you had over 200 ingredients at your disposal, what kind of sandwich would you make? This is the question Migwashere, the artist known for his work on BAYC, Hall of Fame Goat Lodge and Sneaky Vampire Syndicate, seeks to answer.His Wen Sandwich NFT project will allow collectors to mint a sandwich of their choice by adding as many ingredients as possible. Think of meat, salads, sauces, and many other ingredients. According to Migwashere, this is crucial as collectors get to decide on the uniqueness of their sandwich NFTs as opposed to having algorithms or founders decide for them.Starting February…

Blockchain Red Date Technology, the developer of China’s state-backed blockchain infrastructure Blockchain-based Service Network (BSN), has partnered Dubai-based fintech firm Singularity Innovations to offer blockchain infrastructure services in the Middle East and Africa. See related article: China’s international blockchain push may face Huawei-like obstacles Fast facts As part of the collaboration, Singularity Finance, an Egypt-based unit of Singularity Innovations, will also promote the BSN Spartan Network, a non-cryptocurrency framework available only outside the Chinese mainland, said Red Date in a Monday statement. Mo Taysir, chief executive officer of Singularity Innovations said the partnership enables the infrastructure to power international interoperable…

Blockchain If there’s one thing you know about blockchain, it’s probably that it’s the underlying technology that makes cryptocurrencies like Bitcoin possible. Blockchain technology, however, is not cryptographically restricted to that sector. In point of fact, some of the most interesting applications of blockchain technology are not related to bitcoin and other cryptocurrencies or any other type. To put it in the simplest terms possible, blockchain is an electronic record that is broken up into sections known as “blocks,” and these blocks are stored in a number of different locations. In its most basic form, blockchain technology makes it possible…

Moutai, one of the largest companies in China, has launched a new initiative that links NFTs to its liquor bottles. This is according to an announcement made on February 4. Owners of these unique digital collectibles will have the right to purchase a bottle of limited-edition liquor in real life.In total, there are 113,960 ‘Lichun-themed’ NFTs that are backed by their physical counterparts, with each NFT tied to a physical bottle. According to the traditional Chinese calendar, Lichun serves as the first of 24 solar terms. It begins when the sun reaches the celestial longitude of 315° and ends when…

The Consumer Federation of California (CFC), a nonprofit advocacy organization working for consumer rights, sponsored a bill that seeks to license and regulate the activities of cryptocurrency exchanges.The legislation demanding regulatory oversight of crypto businesses — the Digital Financial Assets Law — was introduced by Assemblymember Timothy Grayson with the aim of protecting Californians from financial hardship and fostering responsible innovation. Grayson believes that licensure is the next natural step for the crypto industry, adding:“And it is equally clear that until we take that step, Californians will continue to be vulnerable to prevalent and preventable financial scams.”This marks the CFC’s…

A major Brazilian bank is offering a new and convenient option for taxpayers to settle their dues using cryptocurrencies.According to a statement published by Brazilian bank Banco do Brasil on Feb. 11, it is now “possible” for Brazilian taxpayers to pay their tax bill with crypto in a joint initiative with Brazilian-based crypto firm Bitfy.It is available to Brazilians with crypto under the custody of Bitfy, which will act as a “collection partner” for the major Brazilian bank.It noted that besides the convenience it brings to customers, it could “expand” the use and access to the digital asset ecosystem with “national…

NFT The Super Bowl isn’t full of crypto ads this time around, but there was one commercial for an NFT-powered game, featuring a QR code to scan to mint one of 10,000 free collectibles. The process didn’t work quite as expected for many viewers—but some of those who snagged the free NFT are flipping it for hundreds of dollars. Web3 gaming startup Limit Break said that it paid $6.5 million for the commercial, which advertised a free Ethereum NFT mint for its anime-inspired game project, DigiDaigaku. The animated commercial was built around a persistent QR code, which the ad claimed…

Pudgy Penguins are coming to Paris! The world of non-fungible tokens (NFTs) continues to evolve, with more and more innovative projects emerging on the scene. One of the latest collaborations is between two of the most popular NFT projects, Pudgy Penguins and DeGods. The two companies have announced a joint event, called “Midnight in Paris.” To clarify, the event will take place on February 24th in the city of lights. Pudgy Penguins and DeGods are teaming up for 1 night in Paris. Credit: The Street. What are Pudgy Penguins Doing in Paris? Pudgy Penguins is known for its cute and quirky…

The global monetary watchdog has advised El Salvador to exercise caution in expanding government exposure to Bitcoin (BTC) due to the “speculative nature” of crypto markets.A Feb. 10 statement from the International Monetary Fund (IMF) emphasized Bitcoin’s risks to El Salvador have “not materialized” yet due to the country’s “limited” use of Bitcoin. IMF staff paid a recent visit to the country.The IMF stated that El Salvador should address Bitcoin’s risk to the country’s fiscal sustainability and consumer protection, as well as its financial integrity and stability.It highlighted the importance of acknowledging these risks, as Bitcoin’s use in El Salvador “could…

Kazakhstan, one of the world’s biggest Bitcoin (BTC) mining hubs, announced plans to introduce new crypto regulations to reduce tax fraud and unlawful business operations.A new law signed by Kazakh President Kassym-Jomart Tokayev on Feb. 6 reinstated the nation’s stand against the unlawful mining operations and issuance of crypto assets. Out of the two distinct pieces of legislation, the first requires the secured digital assets issuers to have the government’s permission. Moreover, such issuers will be subject to monitoring by the existing law of the land — “On Combating the Legalization (Laundering) of Proceeds from Crime and the Financing of Terrorism.” The…