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NFT Almost three months after the introduction of the XLS-20 standard, which brought the NFT revolution to XRP Ledger, a new proposal was put forward expressing dissatisfaction with it and suggesting improvements to non-fungible tokens. What is new XRPL proposal about? According to the XLS-35d proposal, a lighter alternative has been introduced to the existing NFT format, called URIToken. The main reason for dissatisfaction with XLS-20 is said to be complexity, a general lack of understanding and a lack of first-class NFT objects. Without going into the technical details, which can be found here, we can say that the lightweight…

Players have been waiting for a long time for the open beta to start for The Harvest. And at long last, that day is here! Anyone and everyone can now download and try out this sci-fi, character customizing, MOBA game! It was a long time ago that The Harvest went into closed beta. And though we expected an open beta to follow soon after, instead it has been a long six months. Now the wait is over and everyone can get down to working with their team to harvest the most resources while fighting off other teams trying to accomplish…

Blockchain Roger Manuel Benites is a development director at The Blockchain Center, a 503(c) non-profit organization specializing in the education and adoption of blockchain, cryptocurrency, and digital asset technologies.__________ I returned to Lima (Peru) in the year 2013 when I was introduced to Bitcoin by my brotherRoger Gabriel Benites. It was while living in Argentina that Roger Gabriel was first exposed to a digital currency known as Bitcoin and the inflated premium dollar, “dollar blue”. The Bitcoin currency network, backed by blockchain technology, empowers the unbanked and the banked alike by freeing them from central banking and unstable national currencies.…

The Philippines Securities and Exchange Commission (SEC) seeks to bring cryptocurrencies under its scope and beef up its authority over the local cryptocurrency industry under new draft rules.According to a Jan. 25 report in a local media outlet, the securities regulator put forward for public comment draft rules relating to financial products and services, which also cover cryptocurrencies and digital financial products.The SEC said in a statement the draft rules will operationalize a newly signed law and give it “rule-making, surveillance, inspection, market monitoring, and more enforcement powers.”The guidelines expand the definition of a security to include “tokenized securities products”…

Blockchain EOS, the blockchain once famously entangled in a protracted dispute with developer Block.one, is now out on its own and making a bid for web3 relevance. Once at the center of a jaw-dropping $4 billion ICO, EOS has had a major facelift, and since severing ties with Block.one has been managed by the nonprofit EOS Network Foundation DAO led by long-time developer Yves La Rose. As acknowledged by La Rose himself, it’s been a year since EOS “was on life support, left for dead.” But the past 12 months has seen this sleeping giant finally awaken, with a slew…

Blockchain Blockchain technology has created a new avenue to reconfigure the vision for the future of the internet. Data on the internet generated by individuals, organizations and other users are controlled by centralized entities, with a significant concentration of economic power and influence held by a few key corporate players who have thrived on data aggregation economics. This phenomenon has alienated users, removing trust in what they see, find, use or assimilate. However, despite all these advancements, the acceleration and use cases of blockchains in the real world and the adoption by enterprise or individual developers are still minimal. There…

Umbro, one of the leading sports brands in the world, is launching an NFT collection. Working with consumer and fan interaction technology startup Equitbl, Umbro has created ‘The Nations’ Collection.’ With the Football World Cup weeks away, it is an excellent opportunity to get some fantastic football ‘digital collectibles’ known as NFTs. The NFTs will be available directly through Equitbl’s new Web3 marketplace Dnizn. Pre-registration for the UmbroID digital collections is live now via Dnizn. Umbro is entering the NFT space with a cool futuristic collection featuring iconic retro kits! Umbro enters web3 with NFT collection ‘The Nations’ Collection’ by…

NFT The Premier League and Sorare, a $4.3 billion fantasy soccer game, have agreed to a multi-year agreement under which the Premier League will license official player cards. Under the exclusive multi-year arrangement, players of the game will be able to buy and use NFTs that the prestigious football league officially licenses. People can participate in five-a-side fantasy soccer matches through the Paris-based startup Sorare, which has 3 million users globally. The players’ on-field performance in the present determines the likelihood of success. In addition to this, the Ethereum-based fantasy sports game has announced that it would be adding two…

Australia’s financial regulator reportedly raised concerns over FTX’s local Australian subsidiary as long as eight months before the exchange met its untimely end in November.According to documents obtained by Guardian Australia, the Australian Securities and Investments Commission (ASIC) was concerned about the way that  FTX Australia was operating after it was able to obtain a license in the country through a company takeover. According to a previous report from Cointelegraph, FTX acquired its Australian financial services license (AFSL) by taking over financial institution IFS Markets in December 2021, before opening up for business a few months later in March. This…

Blockchain Tata Power has partnered with Contour, a Singapore-based digital trade finance network, to make its financial management process more robust and transparent. What Does the Partnership Between Tata Power And Contour Hope to Achieve? Contour’s network uses decentralized technology (blockchain) to bring together companies, banks, and ecosystem partners on to a trusted network and help create a streamlined digital trade finance workflow. Manual and paper-based processes in finance slow trade growth by creating additional complexity and costs. The integration (with Contour) enables trusted data flow across the world’s trade routes and fragmented ecosystems. Sanjeev Churiwala, Tata Power’s Chief Finance…