Author: Jeremy Ryan

Blockchain The Department of Motor Vehicles (DMV) in California is running a project to digitize all of its titles and put them on a blockchain. The project, which will use the Tezos blockchain and has the assistance of Oxhead Alpha, a crypto dev company, aims to allow users to transfer titles as NFTs in the future. Innovation Comes to the DMV in California The Department of Motor Vehicles (DMV) in California is working to bring innovation to its tasks by decentralizing its functions. The institution is currently in the process of moving all of its registered titles to the blockchain,…

Gabriel Makhlouf, the governor of the Central Bank of Ireland, reportedly supports legislation that would ban advertising crypto projects to young people.According to a Jan. 25 report from Bloomberg, Makhlouf said before the Committee on Finance, Public Expenditure and Reform, that there was an “uncomfortable” level of crypto advertisements targeting young adults. The central bank governor reportedly referred to many cryptocurrencies as “unbacked” assets and suggested lawmakers “find a way” of banning related ads.Makhlouf cited the implementation of the European Union’s Markets in Crypto Assets, or MiCA, framework as one of the central bank’s milestones for 2023. EU policymakers have…

NFT When leaks about an upcoming Dungeons & Dragons license shakeup surfaced earlier this month, many fans and creators were aghast at apparent changes that could limit their ability to make derivative games, shows, and other content. But ultimately, NFTs proved to be the biggest target—concerning news for Web3 gaming company Gripnr, which was building a project that attempts to capture the allure of the fantasy-themed tabletop smash for a new era. Now the firm is changing course as it becomes clear that D&D’s parent company wants nothing to do with NFTs. For over two decades, the current version of…

German luxury car manufacturer Porsche’s nonfungible token (NFT) collection reached 2,839 Ether (ETH) ($4.5 million) in total sales volume, according to data from NFTScan at the time of writing on Jan. 26. The collection had a floor price of 2.74 ETH and a high price of 9.18 ETH, with over 1,705 total sales. Originally meant to have a total supply of 7,500 NFTs, Porsche abruptly halted the minting process on Jan. 25 after some users complained of high minting prices and lack of utility for NFT holders. The supply has since been reduced to 2,363. The NFTs originally had a minting price of…

Back in November, Warner Bros. and NFT platform, Nifty’s announced their partnership for Game of Thrones digital collectibles. The team yesterday, December 21, announced that the highly anticipated ‘Game of Thrones: Build Your Realm Hero Box’ will drop on 10 January, 2023. The first Hero Box will include collectibles and avatars from the Northern regions of Westeros.  The first Hero Box will drop next month. What are Game of Thrones digital collectibles? Game of Thrones: Build Your Realm is a “first-of-its-kind digital collectibles experience” from Warner Bros. Discovery Global Consumer Products and Nifty’s. Essentially, the program includes multiple “chapters” representing…

Popular NFT collection, Doodles, is set to debut its second set of digital collectibles on the Flow blockchain. Doodles is a collection of 10,000 NFTs based on the Ethereum network, featuring hundreds of hand-drawn characters with unique designs. Now, the project is set to launch the Doodles 2 collection on the highly composable layer one protocol, Flow. According to Julian Holguin, CEO of Doodles, this is a way to take the project “out of the box.”In a statement, Julian notes that the project’s goal is to “bridge physical and digital touchpoints in new, fresh ways because, at their core, Doodles…

NFT Amazon is launching a digital assets enterprise, according to four sources familiar with the matter, who said that an NFT initiative is expected in the spring. And the publicly traded goliath is said to have a little more than a dozen crypto-native partners on deck to get things off the ground. There’s a focus on blockchain-based gaming and related NFT applications, two sources said. One example in the works, per one source: getting Amazon customers to play crypto games and claim free NFTs in the process. The effort is still developing, sources said. April appears to have been penciled…

For a little extra encouragement to play Axie Origins, Axie Infinity opens a special Lunar New Year event as well as a ‘Budget Axies’ event. Both of these are free to enter, and the Lunar New Year event offers rewards for just playing the game! Hot off their launch of Season Two of Axie Origins, Axie opens two special, free to enter events, a Lunar New Year event and a Budget Axies event. Lunar New Year Event Axie players who complete tasks in Axie Infinity can earn points towards special rewards in their Lunar New Year contest. Running from January…

NFT Ask anyone on the street about NFTs in 2023, and you will likely get a grimace. Or some kind of disapproval. With the NFT “brand” so soaked in cringe, who can blame them? If there ever was a single moment when NFTs became “cringe,” there’s a good case to be made that it happened during Paris Hilton’s appearance on The Tonight Show Starring Jimmy Fallon. It was one year ago this week that the two celebrities met to show off their NFTs. Both Hilton and Fallon had purchased “Bored Apes” from the Bored Ape Yacht Club (BAYC) NFT collection.…

A judge overseeing bankruptcy proceedings for crypto lending firm Celsius Network has denied motions from three users with different claims on assets stuck since July.In orders filed with the United States Bankruptcy Court in the Southern District of New York on Jan. 25, Judge Martin Glenn denied a motion from Rebecca Gallagher, a Celsius claimant who argued her interest-bearing “Earn” assets on the platform were “her property and not property of the bankruptcy estates” under the control of the debtors. The judge denied similar motions from Celsius account holders Mark Benzaken and Kulpreet Khanuja.Motions from the three individuals included claims…