While publicly mocking non-fungible token (NFTs) during a podcast, Tesla CEO and billionaire Elon Musk appears to have inadvertently highlighted the case for Bitcoin Ordinals, also known as Bitcoin NFTs. “The funny thing is the NFT is not even on the blockchain — it’s just a URL to the JPEG,” said Musk in an Oct. 31 released interview on The […]

As a green picture continues to be painted in the crypto market, Solana (SOL) is stamping its authority in the digital asset space as the coin with the highest year-to-date gain. According to CoinGecko, SOL leads the pack with a 214% YTD increase in the top ten crypto list, with Bitcoin (BTC) and Chainlink (LINK) taking the second and third […]

Lazarus Group used a new form of malware in an attempt to compromise a crypto exchange, according to an October 31 report from Elastic Security Labs. Elastic has named the new malware “KANDYKORN” and the loader program that loads it into memory “SUGARLOAD,” as the loader file has a novel “.sld” extension in its name. Elastic did not name the […]

Welcome to the latest edition of Cointelegraph’s Nifty Newsletter. Keep reading to stay up-to-date with the latest stories on nonfungible tokens. Every Wednesday, the Nifty Newsletter informs and inspires you to dig deeper into the latest NFT trends and insights.  In this week’s newsletter, read about how holders of CryptoPunks nonfungible tokens (NFTs) were offered physical versions of their NFTs […]

Footwear has long been a critical element of culture and fashion worldwide. For some, shoes exist only to protect one’s feet from the elements; but for others, they are the most critical part of a wardrobe. Sneakers, in particular, have developed a cult following, with some ultra-rare pairs selling for tens of thousands of dollars.  An entire industry has developed […]

Banking giant Hong Kong and Shanghai Banking Corporation (HSBC) have tested the use of tokenized deposits – from issuance to transfer to redemption – with major Chinese banker Ant Group, founded by Jack Ma, in a sandbox arranged by the Hong Kong Monetary Authority. The initiative led by the banking institutions aimed to explore the potential of deposit tokenization in […]

Major cryptocurrency custody firm BitGo is reportedly expanding its regulatory compliance in Germany more than three years after launching a dedicated local subsidiary. BitGo has obtained a cryptocurrency license from the German Federal Financial Supervisory Authority (BaFin), according to a Nov. 1 report by Finance Magnates. The firm has been storing crypto assets like Bitcoin (BTC) for its clients since […]

On October 31, Sam Bankman-Fried, commonly known as SBF, the co-founder and former CEO of the now-defunct cryptocurrency exchange FTX, testified in court that the utilization of clients’ fiat deposits was a component of “risk management” for his associated crypto hedge fund, Alameda Research. The court hearing took place on 31 October, where SBF was questioned by prosecutor Danielle Sassoon […]

Layer-1 protocol Near has tapped blockchain security firm Nym to provide end-to-end encryption and metadata privacy services for its ecosystem. Nym, which provides blockchain agnostic layer-0 privacy infrastructure, will avail its mixnet tools to encrypt and cloak blockchain traffic and communication across the Near Protocol ecosystem. Masking off-chain metadata traffic will protect transaction data during communication and create a barrier […]