Meta introduces NFT crossposting and sharing on Instagram

Meta, Facebook and Instagram’s parent company, announced another development in its digital arts initiative. As of Sept. 29, all users on both platforms can connect wallets and share nonfungible tokens (NFTs) across 100 countries.  As part of the feature, which has been in testing since May, users will be able to tag creators and collectors, and cross-post digital collectibles between platforms without paying any fees. Everyone on @instagram and @facebook can now share their digital collectibles in the US, and on Instagram in the previously announced 100+ countries. Creators like…

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Cointelegraph Store introduces Halloween Crypto Monsters merch

From all-time highs to massive price dips, the crypto market can be tricky to navigate, which is why traders need cool merchandise that can get them all the treats this Halloween. Cointelegraph is here to assist and has dropped a Halloween collection to help hodlers express their belief in the industry’s bright future when it’s time to go trick-or-treating. Inspired by blockchain, proof-of-stake and the crypto community’s popular “to the moon” catchphrase, the Cointelegraph Store created a new collection to celebrate this year’s Halloween. The Crypto Monsters Halloween Collection features t-shirts, hoodies…

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UK gov’t introduces bill aimed at empowering authorities’ to ‘seize, freeze and recover’ crypto

The government of the United Kingdom has introduced a bill aimed at cracking down on money laundering and fraud, specifically by expanding the authorities’ ability to target cryptocurrencies used for illicit purposes. In a Thursday announcement, the U.K. government said lawmakers had introduced the Economic Crime and Corporate Transparency Bill in Parliament as part of efforts to drive “dirty money” out of the country. The bill contained provisions forcutting down on the “red tape around confidentiality liability” and granting law enforcement the authority “to compel businesses to hand over information…

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Abu Dhabi regulator introduces its ‘guiding principles’ for crypto

The Financial Services Regulatory Authority (FSRA), the financial regulator of Abu Dhabi Global Market free economic zone (ADGM), published its “Guiding Principles” on its approach to digital asset regulation and supervision.  Friendly in tone to the crypto industry, the principles pledge to comply with international standards in Anti-Money Laundering (AML), combating the financing of terrorism (CFT) and supporting financial sanctions.  Five principles were published without date specification on the official webpage of the ADGM. They go under the titles of Internationally Recognised Regulatory Framework, Dynamic and Market-Oriented Regulations, Risk-focused and…

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Coinbase introduces wrapped staked ETH asset ahead of the Merge

Coinbase has launched a new asset in which Ether tokens are staked and wrapped through the crypto exchange. In a Wednesday announcement, Coinbase said it will be listing Coinbase Wrapped Staked ETH (cbETH) on the Ethereum network as an ERC-20 token, allowing customers to use their staked Ether (ETH) while earning rewards on the exchange. According to its website, users can withdraw the tokens to Coinbase, stake them, and then wrap the ETH2 into cbETH, with the new wrapped staked token balance visible on their accounts. The tokens are expected…

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MTV introduces the ‘Best Metaverse Performance’ award category

The 2022 MTV Video Music Awards (VMAs) added a new category to its list of competition categories. This year artists are eligible to compete under the category of “Best Metaverse Performance” for a coveted award. Initially, the award show began in 1984 as an esteemed recognition for music video prowess. Major music artists, including Madonna, Nirvana and Kanye West, are among previous VMA recipients. Typical award categories include, “Video of the Year,” “Artist of the Year,” and “Song of the Year,” though this year there is a Web3 twist. The…

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OpenSea introduces new stolen item policy to combat NFT theft

As asset theft remains one of the biggest headaches in the nonfungible token (NFT) space, NFT marketplace OpenSea is making an effort to tailor its policy to incorporate additional measures against stolen items.  In an announcement, the firm highlighted that its policies were made considering United States laws, where knowingly allowing the sale of stolen items is prohibited. However, the marketplace admitted that in some cases, buyers who unknowingly bought stolen items were penalized even though they were not at fault. Because of this and the NFT community’s feedback, the…

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Human Protocol introduces new blockchain coordination layer for data contribution

On Thursday, decentralized infrastructure project Human Protocol said it was launching a new blockchain coordination layer to handle routing functionality among third-party vendors to power data contribution on the network. The feature, known as the Routing Protocol, sits atop Human to enable the discovery of network generators, fee agreements, consensus job standards, proof of balance and governance support for network upgrades. Human Protocol started via an on-chain bot blocker called Captcha, which rewards users for solving CAPTCHAs and gradually became a broader solution for tokenizing contribution. Human Protocol expects the…

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Cointelegraph Store introduces Summer of Crypto merch collection

As the market gets hot with the recent price drops, traders need a way to stay cool and take a break from looking at their portfolios. Cointelegraph has dropped a summerwear collection to help holders express their identity as crypto believers, especially when it’s time to take a dip at the pool or the beach. Inspired by Bitcoin (BTC) and Ethereum, the Cointelegraph Store created new merchandise to celebrate the start of summer in the Northern Hemisphere. The Summer of Crypto collection features swimwear, towels, flip flops and fanny packs…

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