Google has announced an update to its Play Store policies, now allowing apps and games that incorporate NFTs onto its platform. This move marks a continued shift in the company’s attitude towards blockchain-based technology.
Under the new rules, games that use tokenized assets will need to clearly state their use of blockchain elements. In an effort to foster responsible use, Google will prevent developers from glamo...
On July 12, Crypto exchange Coinbase announced the launch of a new messaging feature for its wallet that allows any two Ethereum addresses to communicate. Powered by the XMTP protocol, the encrypted messaging service will first be available to a small subset of users, including all Lens protocol users and anyone who scans the QR code featured in this video.
The messaging feature will support the 1.3 million Ethereum ...
Blockchain gaming startup Spielworks has partnered with the Web3 platform Mycelium Network to launch a program that allows full refunds for nonfungible token (NFT) purchases. In an announcement sent to Cointelegraph, the team explained that within the program, users who acquire NFTs called "Reverties" are eligible to get a full USD Coin refund. The project also allows users to stake this new series of NFTs in Spielworks’s game called Dunge...
Over the past few years, the music streaming landscape has continued to shift drastically. With the proliferation of Web3 music bringing new interest to the potential of blockchain technology, Web3 services and platforms have found it necessary to evolve — and fast. Still, none seem to have gone as above and beyond to communicate the promise of tokenized music to both artists and fans than Sound.
Having existed prima...
"To achieve true mass adoption, you need to reconcile TradFi and DeFi, which I find increasingly difficult, and also be ready for compliance. There were a lot of blockchains around 2017-2018, but I didn't feel that any of them seriously addressed the regulatory challenges. To fill this gap, we're building Concordium," said Lars Seier Christensen in Cointelegraph's recent AMA live session.Concordium is a public, scientifically backed, layer-...
After two years of development, the Ether project finally launched its much-anticipated mint on June 30 to allowlist members. However, after the project launched its public sale a week later on July 9, the team paused the public mint due to a lack of activity. At the time of writing, less than half of the total supply has been minted.
While the low amount of mints could be seen as an immediate cause for the pause, th...
Soufiane Oulahyane, a Moroccan national, has been indicted by the United States Attorney for the Southern District of New York for allegedly creating an OpenSea lookalike to obtain unauthorized access to cryptocurrency and NFTs.
The charges revolve around a scheme known as “spoofing,” a form of fraud where the perpetrator creates a lookalike of a trusted website to steal user credentials. According to the indictment,...
Every once in a while, an NFT advent arrives that shakes the foundations of Web3. At first, the sole innovator of the metaverse seemed to be PFPs. Then came text-based NFTs, open editions, minigames, and so on — expanding outward to more conceptual advents like Soulbound Tokens and phygital goods.
Anecdotally, it’s been anyone’s guess as to what might set off a new trend and bring both interest and copycats to a budd...
Web3 development studio Find Satoshi Lab (FSL), famed for creating the move-and-earn lifestyle game StepN, has unveiled a new game: Gas Hero. They’re launching a competition called Shape the Legends, Share the Glory to commemorate the release. The competition urges community members to design their own version of the game’s NFTs — called Genesis Heroes — for a chance to win two percent creator royalty fees as well as a ...
The investigative work of independent blockchain sleuth ZachXBT has been cited in a class-action lawsuit in Canada against Boneheads, an alleged $3.1 million nonfungible token (NFT) rug pull.Tweeting on July 7, ZachXBT highlighted that lawsuit as he reiterated accusations that the Boneheads team “quickly disappeared and spent the mint funds on BAYCs , luxury goods, and other items never fulfilling the roadmap.”“Yet another case where my re...
