The Law Commission stated today that the existing law of England and Wales can be applied to smart contracts.  According to the commission, wholesale changes to the existing legal framework are not required to enforce smart contracts — except in some situations where only a minor modification of com...
A virtual land plot in the Axie Infinity NFT game sold for a record price of 550 ether (about $2.4 million) on Wednesday. The plot is part of the "Genesis" land type, which Axie Infinity describes as "extremely rare." Genesis land is located in the center of the Axie Infinity map and is capped at 22...
Adidas Originals, a brand of the German sportswear clothing firm Adidas, has announced a partnership with the crypto exchange Coinbase. “We partnered with @Coinbase. Probably nothing,” Adidas Originals wrote in a Wednesday tweet.  Coinbase affirmed the partnership with “gm @adidasoriginals. Welcome ...
Crypto payments firm MoonPay has quietly launched a new ‘concierge service’ to help celebrities and the super-rich purchase non-fungible tokens (NFTs) and cryptocurrency.   The company has been working with television host Jimmy Fallon and Post Malone, the rapper, as clients for a beta version of th...
The Council of the European Union adopted two proposals for digital assets on Wednesday, aiming to create regulatory frameworks for crypto assets focused on consumer protection and mitigating cyber threats.  Both the Regulation on Markets in Crypto Assets (MiCA) and the Digital Operational Resilienc...
Today, the crypto market has become mainstream with its adoption at an all-time-high. However, when Satoshi Nakamoto invented Bitcoin, he expected it to be truly decentralized. Today, a majority of the crypto market is centralized in one way or another. Even the Defi markets consist of several proto...
Vancouver, Canada, 25th November, 2021, Chainwire   VANCOUVER, British Columbia, November 24, 2021 - The 10,000 masks based on remix culture will drop on December 2, 2021, and are a core component of the upcoming MIXMOB game built by veterans from FIFA, PokerStars, Halo, Nintendo and more...
Singapore, Singapore, 25th November, 2021,   MonoX Protocol, the most capital-efficient liquidity solution in the DeFi space, has announced that the public sale of its $MONO token will take place on Huobi Global's Primelist token listing platform on Thursday, November 25. The listing com...
Midtown, Gibraltar, 25th November, 2021,   Panther Protocol, an end-to-end privacy solution that creates privacy for DeFi and Web3 users across public blockchains, has raised over 22 million as part of their Public Sale. This brings the total amount raised to $32 million. “This rai...
News
24 Nov 2021
ELI5 the Ethereum Merge
Quick take The Ethereum network currently secures over $1T of value. Transitioning from proof-of-work to proof-of-stake is critical for the long term scalability and sustainability of the network. Hot swapping of the protocol’s consensus mechanism will take place through a process refe...

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