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As the world moves toward a more digital future, the concept of Web3 and its potential to revolutionize the internet has become a hot topic in the tech industry. In this interview, SafePal CEO Veronica Wong, shares her insights on the future of Web3 and the current state of the crypto market.She also talks about her thoughts on the challenges and opportunities in the crypto security space and how SafePal is positioning itself to meet these challenges head-on.Q: In 2022 the crypto space saw some significant turbulence and the crash of several big platforms. What do users need to know…

The judge overseeing crypto exchange FTX’s bankruptcy case has granted a motion allowing the firm’s debtors to request subpoenas for information and documents from former colleagues and family members of Sam Bankman-Fried.In a Feb. 8 filing, Judge John Dorsey said FTX debtors were authorized under bankruptcy court rules to issue subpoenas to certain individuals “for the production of documents, electronically stored information, or tangible things.” The original motion filed on Jan. 25 defined the target of the subpoenas as insiders not “currently cooperating with the Debtors to provide important information” — a list that includes Bankman-Fried, former Alameda Research CEO…

NFT Fellow Binancians, To address feedback received about the NFT minting feature from our community, as well as to prevent the creation of low-quality NFTs and misuse of this feature, Binance NFT has reviewed and will be updating NFT collection minting fees and the required minimum number of followers on Binance NFT user profiles to mint NFTs. The changes will take effect on 2023-02-15 at 23:59 (UTC). We do this because we believe this helps to ensure that users can buy quality NFTs of a high level of standard we expect on Binance NFT Marketplace, and to protect the rights…

Blockchain China’s Ministry of Science and Technology has given the go-ahead to set up the National Blockchain Technology Innovation Centre in Beijing to run blockchain research and development, according to a local media report. See related article: China has seen blockchain’s future and it doesn’t include cryptocurrencies Fast facts The center will be led by the Beijing Academy of Blockchain and Edge Computing (BABEC), a research institution backed by the Beijing government and one of the developers of Chang’an Chain (ChainMaker) – China’s first domestically developed open-source blockchain platform. The new center will handle research and industrialization of blockchain technology,…

NFT Charles Salvador ‘Bronson,’ who was first imprisoned in 1974 for armed robbery and has since become known as the UK’s “most violent” prisoner, is launching an NFT collection that features his artwork. Bronson, who now calls him Charles Salvator, has not left jail since 1974 due to repeated offenses against both staff and fellow inmates. The collection includes 1,500 previously unseen pieces from Charles’ 47 years spent in prison and solitary confinement, alongside 8,500 3D pieces inspired by poetry, personal interviews, and writings, the project’s website says. Certain rare NFT holders are being promised a meet and greet with…

Reddit NFT avatars are catching on like wildfire after the company saw over 4 million new mints in less than two months. According to data from Dune Analytics, the social news aggregator has over 9.2 million collectible avatars minted as of February 8. That is an increase of over 80% considering the platform had only 5 million NFT avatars minted as of December 12, 2022.Additionally, the platform saw a 480% increase in the number of multiple NFT avatar holders within the period. Two months ago, the number stood at about 306,000, but now there are over 1.789 million. Meanwhile, the…

Swiping right in the metaverseFamous New York socialite, Paris Hilton thinks the Metaverse may be the perfect place to find one’s true love. In a Feb. 9 tweet, the celebrity and reality TV star said she will be working with The Sandbox (SAND) to bring “Parisland” to life. The idea is essentially a Virtual Reality (VR) dating experience crossed with a reality dating show and is slated for a Feb. 13 release in time for Valentine’s Day.Get ready to party on the beach, pick up cute collectibles and explore my newest tropical Parisland metaverse! I’m launching a new experience in…

Three Arrows Capital founder Kyle Davies has not responded to a subpoena issued over Twitter aiming to gather information related to the firm’s assets.In a Feb. 7 filing with United States Bankruptcy Court in the Southern District of New York, lawyers with the Latham & Watkins firm representing 3AC liquidators said Davies had “chosen to ignore his duties to Three Arrows” by failing to comply with the online subpoena. Courts in Singapore and the U.S. previously authorized the use of Twitter to issue subpoenas, due to the whereabouts of 3AC founders Davies and Su Zhu being unconfirmed while their social…

A survey of 81 nonfungible token (NFT) collections on the Ethereum blockchain showed a sharp overall loss in market capitalization in 2022, according to a report from DappRadar released Feb. 9. Losses were not evenly distributed, however.The Ethereum NFT market was worth $9.3 billion at the beginning of 2022, according to DappRadar’s valuation, and that figure dropped to $3.7 billion by year-end — a loss of 59.6%. The price of Ether (ETH) impacted the valuations:“It is also important to consider that ETH lost 60% of its value last year, which had a strong influence on the value of the NFTs.”The…

This year, investors are watching for big spikes in biotech companies working with psychedelics, especially as the once-controversial compounds return to the spotlight touting mental health benefits — and uniting lawmakers at the United States Capitol across party lines. The category’s future could make big legal gains in 2023, but due to the American government’s built-in checks and balances, even a Congress in agreement can’t shape drug policy alone. In May 2022, New Jersey Democratic Senator Cory Booker and Hawaii Democratic Senator Brian Schatz co-published a letter imploring the National Institutes of Health and the Food and Drug Administration (FDA) to…