A Senate hearing on Thursday focused on the illicit uses of crypto. An expert tells Insider that money laundering is a tiny fraction of transactions.
One Spotify job ad seeks a senior engineer to help identify "the next growth opportunity leveraging new technologies, like Web3."
Nonfungible tokens may be surrounded by hype, but there might be some practical ways to use the digital assets, like as passports and concert tickets.
Coinbase's chief legal officer said 25,000 Russian accounts had been blocked as part of the exchange's commitment to clamp down on illicit activity.
Vitalik Buterin has confirmed the update is finally coming this summer, with its promise of lower transaction fees, more burn and less congestion.
"I just think it underscores the need, really, for congressional action on digital finance, including cryptocurrencies," Federal Reserve Chair Jerome Powell said.
Crypto exchange FTX has hired Lauren Remington Platt to work on partnerships with luxury and fashion brands.
The platform said it will hold a 10-day sale where fans that qualify can bid on 35,000 plots of digital land in its "shibverse" virtual world.
FTX wallets will allow players to own the digital assets they have earned, and even transfer their investments outside the games, the company said.
The trading of NFTs between players on the crypto metaverse game racked up $2.5 million in the past 24 hours alone, according to data from Cryptoslam.
Cryptocurrencies are recovering ground from a sharper sell-off earlier as tensions over a potential Russia-Ukraine conflict escalated.
OpenSea suffered a phishing attack on Saturday that saw hackers steal at least $1.7 million worth of NFTs, the marketplace's CEO has confirmed.
"The winters are the time when a lot of those applications fall away, and you can see which projects are actually long-term sustainable," Buterin told Bloomberg.
NFTs and cryptocurrency are a "bigger fool scam," according to a rigorous new takedown video from Canadian YouTuber Dan Olson.
Bitcoin and cryptocurrencies broadly were in the red on Friday as worries about a Russian invasion of Ukraine persisted, despite the prospect of diplomatic talks.
"We are not your colony, your back yard or your front yard," Bukele said, as the bill called on the State Department to report on El Salvador's bitcoin adoption.
But the state of Colorado won't hold ethereum or bitcoin, as it isn't permitted to do so, Gov. Jared Polis told CNBC.
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