Daily Web3 Headlines You Need To Know

27 September #NFT #Developers #DeFi & Trading #Policy&Law


Why Mastercard Launched First NFT Card With This Crypto App
Per an official announcement, payment giant Mastercard partnered with crypto financial app Hi to launch the “world’s first non-fungible token (NFT) card. This new payment product will enable people to customize their avatars with an item from a collection comprised of these digital assets…(Read More)

Yat Siu: Asia GameFi opportunity huge as gamers don’t hate NFTs
Animoca Brands co-founder Yat Siu thinks that GameFi has the biggest opportunity for growth in Asia, as gamers there don’t hold the same vitriol towards nonfungible tokens (NFTs) as they do in the West. Sitting down with Cointelegraph during Asia Crypto Week, Siu argued that Asia generally has more of a welcoming culture towards gaming and advancements in tech such as NFTs, digital property and Play-to-Earn (P2E)…(Read More)

Nifty News: Walmart steps into the Metaverse, @NFT founder hacked and more
American retail giant Walmart has taken its first steps into the Metaverse with the launch of Walmart Land and Walmart’s Universe of Play on Roblox. According to the company’s Monday announcement, Walmart Land focuses on “immersive experiences” with key features including a physics-defying Ferris wheel, unlockable tokens and badges, an interactive piano walkway and a D.J. booth for users…(Read More)

🔗 Developers

Almost everything could be tokenized in 5–10 years — Matrixport co-founder
In five to ten years, almost every “real world” asset class could be tokenized in the form of a nonfungible token (NFT) according to Cynthia Wu, co-founder of digital asset service platform Matrixport. Speaking to Cointelegraph, Wu said the best case for NFTs would see the widespread representation of real-world assets to be stored and traded on-chain…(Read More)

📈 DeFi & Trading

ApeCoin Up 4%: Updates on Horizen Labs Staking Program Underpin APE
ApeCoin is up 4% amid optimistic fundamentals from the network. However, the recent APE coin’s recent gain has failed to reverse its previous downward trend fully. It’s trading near $5.70 even as ApeCoin prepares to launch a staking program. ApeCoin (APE) is a cryptocurrency based on the Ethereum blockchain. ApeCoin (APE) prices have risen by 2.75 % in the last seven days…(Read More)

Bitcoin gains 5% to reclaim $20K, eyes first ‘green’ September since 2016
Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it added over 7% after the Sep. 26 close. Local highs of $20,344 appeared on Bitstamp before the pair began consolidating at around $20,200. The move naturally did not go unnoticed by in trading circles, but opinions differed over the outcome, amid warnings that the whole episode may end up trapping overoptimistic traders taking late long positions…(Read More)

Nuclear and gas fastest growing energy sources for Bitcoin mining: Data
The electricity mix of Bitcoin (BTC) has drastically changed over the past few years, with nuclear energy and natural gas becoming the fastest growing energy sources powering Bitcoin mining, according to new data. The Cambridge Centre for Alternative Finance (CCAF) on Tuesday released a major update to its Bitcoin mining-dedicated data source, the Cambridge Bitcoin Electricity Consumption Index (CBECI)…(Read More)

⚖️ Policy & Law

Cyber sleuth alleges $160M Wintermute hack was an inside job
A fresh new crypto conspiracy theory is afoot — this time in relation to last week’s $160 million hack on algorithmic market maker Wintermute — which one crypto sleuth alleges was an “inside job.” Cointelegraph reported on Sept. 20 that a hacker had exploited a bug in a Wintermute smart contract which enabled them to swipe over 70 different tokens including $61.4 million in USD Coin (USDC), $29.5 million in Tether (USDT) and 671 Wrapped Bitcoin (wBTC), worth roughly $13 million at the time…(Read More)

Russia aims to use CBDC for international settlements with China: Report
Russia is in the pilot phase of its central bank digital currency development (CBDC), and new reports indicate that the country could use its national digital currency to settle international trade. According to a report published in Reuters, Russia is reportedly planning to use the digital rouble for mutual settlements with China by next year. The digital rouble is currently being tested for settling with the banks and is expected to be completed by early next year…(Read More)

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