2022 was the year of crypto’s climate reckoning
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All about the crypto and NFT world with Dwarves Rewind. Last week, Dreambound Orbital hit history to launch digital art NFT into orbit around the Earth. Looking around FTX's Blockfolio Acquisition, Visa Unveils Plans For Auto-Payments, Twitter added crypto and stocks feature and Coinbase halving history rhymes.
????????????????: After FTX’s collapse, several cryptocurrency firms have been trying to show that they still hold onto the assets of their users. Many people are looking for auditing companies to give their clients and potential investors third-party assurances.
#Crypto enthusiasts frequently discuss their favourite coin or token's "moon shot." Magic Eden and Infinity Labs tweeted about the NFTs, claiming they are releasing across the Earth and into the skies. Infinity Labs NFT owners can insert their names inside the payload. Although Infinity Labs is a Solana Labs NFT project, the digital payload traveling into space comprises Solana and Ethereum.
Payments giant Visa has released a proposal that would allow Ethereum users to make automated programmable payments without the involvement of any third party. The solution is using a smart contract as an intermediary between a user and a contract account, creating a self-custodial wallet without the involvement of banks or other centralized entities.
The collapsed cryptocurrency exchange FTX reportedly paid 94% of the $84 million purchase of a majority stake in Blockfolio in FTT tokens. The US Securities and Exchange Commission (SEC) recently claimed that FTT should be considered an "illiquid crypto asset security that was issued by FTX and provided to Alameda at no cost."
#Coinbase's stock has hit its lowest price since the company went public last year, with COIN falling 87.04% to $35.00, compared to $268.15 on December 21, 2021. In June, Coinbase initiated a hiring freeze and began pulling job offers for new hires. Then in July, Coinbase laid off 1,100 employees, or 18% of its staff, as the crypto bear market kept its grip on the industry.
#Twitter has launched another new feature, but this time on the financial side of the social media platform. Sharing a tweet by Twitter Business, Elon Musk wrote that the microblogging platform has launched a new financial feature called $Cashtags which will be helpful for all those stock and crypto lovers.
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