NFTs
Mining
Jack Dorsey’s Block to build an open Bitcoin mining system
Jack Dorsey unveiled his plan to build an open Bitcoin mining system via Twitter.
Derivatives
Coinbase acquires FairX to offer crypto derivatives trading in the US
The acquisition will enable Coinbase to explore the emerging derivatives market.
NFTs
Clothing retailer Gap launches its first gamified NFTs on Tezos
Gap's NFT collection is designed by Bradon Sines and will be built on Tezos Blockchain.
Legal
Jack Dorsey proposes a Bitcoin legal defense fund to protect developers
Former Twitter CEO unveiled plans to create a Bitcoin Legal Defense Fund to protect Bitcoin Developers against legal action.
Adoption
Associated Press all set to launch its own NFT marketplace
The global news outlet will mint NFTs using the Polygon blockchain.
Adoption
Central Bank of Bahrain successfully completes its digital payment trial using JPM Coin
The trial run included testing the widely anticipated JPM Coin, a digital currency backed by American investment bank JPMorgan.
Scams
Pakistan to investigate crypto exchange Binance in an alleged $100 million scam
Pakistan's Federal investigation Agency reportedly sent a notice to crypto exchange Binance concerning an investigative scam that involves nearly $100 million.
Technology
Ethereum’s Arbitrum Network suffers a temporary outage
The Arbitrum Network suffers its second outage in five months following a hardware failure.
Metaverse
Samsung enters the metaverse by launching a virtual store in Decentraland
South Korean tech giant Samsung has officially opened its first flagship store in Decentraland metaverse.
Mining
Canaan expands crypto mining operations in Kazakhstan
The Bitcoin mining hardware manufacture company has announced new joint crypto mining businesses in Kazakhstan.
DeFi
WonderFi Technologies all set to acquire Canadian crypto platform Bitbuy in a $162 million deal
The acquisition is expected to close during the first half of 2022
CBDCs
Bank of Mexico planning to launch CBDC by 2024
The central bank digital currency that will be launched by the Bank of Mexico will likely be backed by the value of the Mexican peso.