Web3 News: Only important stuff
Happy Wednesday! We bring you great web3 news you need to know. We invite you to dive into today´s most important news
Pepe to replace Doge?
New memecoin Pepe is stealing the spotlight from Dogecoin due to its huge social media presence and relatable symbol.
Time will tell if it will dethrone Dogecoin, but it has grabbed the attention of investors and enthusiasts. Remember to research and only invest what you can afford to lose.
Canada Tightens Crypto
Canada is striving to establish more rigorous regulations on cryptocurrency trading platforms to minimize risks and safeguard investors participating in the fast-growing digital asset market.
The country’s financial regulatory authorities are encouraging trading platforms to voluntarily comply with these updated regulations, focusing on transparency, security, and risk management to promote a stable and secure environment for cryptocurrency trading.
By promoting adherence to these regulations, Canadian regulators aim to tackle issues related to money laundering, terrorist financing, and investor protection.
Starbucks’s NFT
To celebrate its first store’s 50th anniversary, Starbucks has launched a distinct NFT collection called “Starbucks Odyssey” on Nifty Gateway. This collection comprises 5,000 unique digital art pieces inspired by the brand’s coffee culture and history.
The NFTs are available for purchase in packs of three for $60, with some providing exclusive experiences such as coffee tastings with Starbucks’ master blenders.
The release of the “Starbucks Odyssey” NFT collection demonstrates the rising interest in the application of blockchain technology and digital assets in mainstream society.
Trump’s NFTs Again
Former US President Donald Trump has just announced the launch of his second NFT collection, following the success of his first series which received significant attention and sales.
This new collection features various moments from Trump’s time in office and some of his most famous quotes, providing fans and collectors with a chance to own a piece of digital history.
To purchase these unique NFTs, interested buyers can visit the Trump NFT Marketplace and use various cryptocurrencies as payment. The platform has implemented a secure and user-friendly interface, making the buying process easy and accessible.
Digital Yuan Instead of Dollars Soon?
BRICS nations are pushing for de-dollarization with China’s digital yuan and cryptocurrencies emerging as contenders to the US dollar.
Analysts suggest this could reshape the global financial landscape as more countries consider launching their own digital currencies.
MetaMask Refutes Wallet Exploit Claims in $10 Million Hack
MetaMask has denied claims of a wallet exploit in a massive $10 million hack, asserting that user negligence, rather than a vulnerability in the wallet, led to the loss of funds.
The company advises users to enable advanced security features and remain cautious when engaging with unknown platforms to prevent such incidents in the future.
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