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Amid Coinbase cryptocurrency exchange standing up for crypto staking and economic freedom, the online community has also urged the company to support XRP (XRP).On Feb. 9, Coinbase’s chief legal officer Paul Grewal claimed that Coinbase’s staking program is not affected by rival exchange Kraken shutting down its staking services. The executive argued that Kraken’s staking platform was “essentially offering a yield product,” while Coinbase’s staking services are “fundamentally different and are not securities.”Coinbase CEO Brian Armstrong also took to Twitter on Thursday to declare that the exchange will continue to oppose the government when it comes to protecting services like…

NFT Music and Streaming On Web2 streaming platforms like Spotify or Apple Music, musicians typically earn less than $0.01 per session; however, Web3 music platforms like Audius, Sound.xyz, and Catalog enable musicians to monetize their work directly. They can make audio content into NFTs, better connect and interact with their followers, and increase exposure — all without middlemen. Music NFT platforms have yet to gain mainstream attention, with total weekly transaction volumes consistently below 100 ETH for the past 6 months. Furthermore, the total number of unique users of these platforms is 11,000, which is less than 1% of the…

NFT Non-fungible token (NFT) sales rose 18.43% this week, totaling $272.68 million. However, the number of NFT buyers declined by 60.31% to approximately 195,716. Ethereum NFT sales continue to lead the market, accounting for $233.85 million of the total sales, a 25.42% increase from the previous week. Top NFT Collection of the Week: Otherdeed Leads with $18.26 Million in Sales NFT sales rose 18.43% this week, with $272.68 million in sales recorded across more than 20 blockchain projects that issue NFTs. Ethereum led the market, accounting for 85.76% of the total sales with $233.85 million. ETH-based NFT sales also increased…

NFT The artistic shaping of Twitter’s certified meme has caused a wave of Pepe’s frog creation Checks – Pepe Edition was officially launched by well-known NFT collector Vincent Van Dough (vvd.eth) on February 5, inspired by the NFT work Checks – VV Edition created with the Twitter blue V certification logo. As early as 2009, Twitter launched the Blue V certification program and provided it to influential or well-known individuals or organizations free of charge. This certification mark has therefore become a symbol of real identity certification. However, at the end of last year, Musk announced that Twitter launched an…

Local Russian media outlets reported on Monday that Bitzlato co-founder Anton Shkurenko was detained in Moscow on Feb. 6 at the request of Interpol. However, according to a Feb. 10 report from CoinDesk, Shkurenko was stopped and detained by the local police for an identity check and released shortly after.Shkurenko said he is not involved in any criminal cases in Russia, while not disclosing details of the investigation:“I hope I convinced the prosecutor of my innocence.” He did not specify the sector of law enforcement that detained him, though he mentioned he signed a contract to appear when and if…

A career in the metaverse involves developing and designing virtual environments and experiences within a virtual world. Creating virtual characters, objects and interactive experiences is one example of this. There are job prospects in software development, content creation and project management in this expanding profession, which includes disciplines, such as game design, 3D modeling, virtual reality (VR) and artificial intelligence.Related: How to learn Web3 development for beginnersBuilding a career in the metaverse requires a combination of technical, creative and business skills. Below are some of the key skills needed to succeed in this field.Skills required to build a career in…

Late last year, Planet IX, the free-to-play and play-to-earn metaverse, unveiled the next step in its evolution with the launch of Mission Control. This exciting new feature became the center of the Planet IX experience, offering players a streamlined way to manage their assets and carry out various in-game tasks. Now however, its success has come with a drawback, it has slowed down the entire Polygon chain. Planet IX started as an NFT-based strategy game where the goal was to bring a fallen planet back to its green-blue glory and uncover its mysteries. The story kept growing into a huge and…

NFT As the NFT market expands, creators and developers are looking for new applications for non-fungible tokens. One of the most recent NFT applications is to stake these tokens to generate passive income. NFT staking is the process of securing NFTs on a platform or protocol in order to gain rewards and other benefits. This enables owners of NFTs to utilize their idle assets without having to sell them. To stake an NFT, all users need is a Web3 wallet; the process is the same as for cryptocurrency. Here are the 5 Best NFT Staking Projects To Explore This Weekend…

In a groundbreaking moment for the NFT industry, a digital collectible featuring Milwaukee Bucks’ power forward Giannis Antetokounmpo has sold for an unprecedented $187,000. The NFT sold for 113.9 ETH in a record-breaking auction on the Sorare NBA platform, surpassing the previous peak NFT sale of Anthony Davis by over $62,000.Sorare NBA, which started in October and has a total trade volume of more than $545 million, is part of a growing trend of athletes using NFTs to connect with fans and make money from their personal brands. While the Giannis Antetokounmpo NFT sale pales in comparison to the athlete’s…

Paxos Trust Company — the New York-based stablecoin issuer behind Binance USD (BUSD) and Paxos Dollar (USDP) — is reportedly being investigated by the New York Department of Financial Services (NYDFS). A “person familiar with the matter” told Bloomberg in a Feb. 10 report that the exact motive behind the probe is currently unclear.An NYDFS spokesperson declined to comment on ongoing investigations but noted that the department is broadly working to protect consumers from risks associated with investing in the cryptocurrency market:“The department is in continuous contact with regulated entities to understand vulnerabilities and risks to consumers and the institutions themselves…