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From Monday next week, hundreds of non-fungible token enthusiasts will travel to New York City, United States, for the highly anticipated NFT industry annual event, NFT.NYC. This highly awaited annual non-fungible token event will bring together over 70,000 visitors and over 30 speakers from different regions around the globe to discuss the state of NFTs in 2025, among other issues. In this article, we shall discuss what visitors should expect at the annual NFT event. NFT.NYC Is Happening Next Week In a June 8 blog post, the team behind NFT.NYC confirmed they are fully prepared to host their 8th NFT industry event next week. This highly anticipated annual NFT event will start on June 25 and run until June 26, 2025, at Times Square, New York City, United States of America. The NFT event will bring together over 70,000 NFT enthusiasts and more than 30 speakers from the best NFT projects in the NFT ecosystem. Join us June 25-26 as industry-leading VC @pakman (@coinfund_io) takes the s...

In what is a major move for both countries, the United Arab Emirates (UAE) has committed to a 10-year investment framework in the United States worth $1.4 trillion after meeting with US President Donald Trump, according to White House officials. Indeed, the financial commitment came after both sides met earlier this week. Moreover, the Trump administration Crypto Czar, David Sacks, met with senior UAE officials Friday to discuss both the digital asset industry and AI. Alternatively, the deal will see financial investments increase in the US and is expected to provide a massive boost to the economy. JUST IN: UAE commits to 10-year, $1.4 trillion investment framework in the United States after meeting with President Trump. — Watcher.Guru (@WatcherGuru) March 21, 2025 Also Read: Ripple Gains DFSA Approval: Crypto Payments Now Legal in UAE UAE Commits $1.4 Trillion US Investment Into AI Infrastructure, Manufacturing, and More Taking to Truth Social earlier this week, Donald Trump announce...

Crypto Myths Busted: Uncovering the Truth! Cryptocurrency is one of the most talked-about topics in finance, tech, and investment, yet it’s also one of the most misunderstood. With so much information — and misinformation — out there, it’s easy to get lost in myths. This article will separate the facts from the fiction to help you navigate the world of crypto with a clearer understanding. Here, we’ll bust some of the most persistent myths about cryptocurrency and reveal the truth behind them. Myth #1: Cryptocurrency is Only Used for Illegal Activities The Reality While it’s true that cryptocurrency has been used in illegal transactions, it’s hardly the primary use. A vast majority of crypto transactions are completely legitimate, ranging from online purchases and remittances to investments and decentralized finance (DeFi) activities. According to blockchain analytics, only a small fraction (less than 1%) of all crypto transactions are associated with illicit activity. Blockchain ...

The Bank of England CBDC plan threatens traditional banks. According to Governor Andrew Bailey, banks must modernize or risk failure. This digital currency push creates new challenges for the UK banking sector. Innovation will determine which banks will survive. Many banks are already closing branches, showing the start of major changes in banking. Also Read: Ripple (XRP) & Solana (SOL) Price Forecast For November 2024 Exploring the Impact of the Bank of England’s CBDC on Traditional Banks Survival Through Innovation or Extinction Bailey’s message at the Group of Thirty’s Annual International Banking Seminar was clear: “If for some reason innovation is unlikely to happen, then the central banks have to decide whether they are the only game in town.” Banks must update their systems or lose business to the central bank. Research shows banks could lose 20% of their revenue when Bank of England’s CBDC launches. Small banks face the highest risk of failure. Ban...

One of YouTube’s biggest tech reviewers has heaped criticism on Solana ’s Saga Crypto phone, taking aim at the device’s “weak” camera, display, and battery. Marques Brownlee, who boasts 18 million YouTube subscribers and more than 6 million followers on X (formerly Twitter), included the Saga in his 2023 ‘Smartphone Awards,’ naming the device ‘Bust of the Year.’ The end-of-year round-up features some of the biggest names in the smartphone industry, with gongs being handed out to household names such as Samsung, Apple, and Asus, alongside slightly more niche brands such as Honor, OnePlus, and the Nothing Phone. However, while rival handsets celebrated accolades in categories including ‘Best Big Phone,’ ‘Best Camera,’ and ‘Most Improved,’ Solana ’s controversial gizmo was given a resounding ‘thumbs down.’ In handing over “the award you never want to give,” Brownlee began by saying, “It is actually genuinely hard now to get a bad phone. Most phones, no matter what price point you’r...

Recent bank failures have highlighted the need for Blockchain-based cryptocurrency such as Bitcoin. Credit rating agency Moody's, has recent ly downgraded its outlook on the entire US banking system from "stable" to " negative ." The move comes in light of recent bank failures of Silicon Valley Bank, Silvergate Bank, and Signature Bank, which has prompted regulators to intervene with a rescue plan for impacted depositors and institutions.  Despite the downgrade, bank stocks rallied strongly, with the SPDR Bank exchange-traded fund rising nearly 6.5% in morning trade, NBC News reported. Moodys reportedly noted that an extended period of low rates combined with pandemic-related fiscal and monetary stimulus have complicated bank operations. Banks with substantial unrealized securities losses and non-retail and uninsured US depositors may still be at risk, according to Moody’s. Moody’s expects the US economy to fall into recession later this year, further pre...

The history of mining reflects the ongoing evolution of technology and human ingenuity in the pursuit of extracting valuable resources from the earth. Mining is the process of extracting valuable minerals, metals and other resources from the earth. This may entail extracting minerals from underground deposits or from the earth’s surface. The minerals and resources extracted through Mining are used for a wide range of purposes, including energy production, construction and manufacturing. Mining can take many forms, including underground mining, surface mining and placer mining. The specific method used depends on the type of resource being extracted and the location of the deposit. Moreover, the mining process typically involves several stages, including: Exploration: To locate a deposit. Extraction: To remove the minerals or resources. Processing: To extract the valuable components. Reclamation: To restore the site to its original state. Mining can have a variety of effects on the env...

Kieran Warwick, co-founder of blockchain role-playing game Illuvium believes Yuga Labs latest hire will be a boon for GameFi. The appointment of one of Activision Blizzard's highest-ranking executives to a leadership position at Bored Ape Yacht Club (BAYC) parent Yuga Labs has been seen as a boon for its metaverse efforts and another sign of validation of the crypto industry. On Dec. 19, Yuga Labs confirmed it has appointed Daniel Alegre, the current president and chief operating officer of Activision Blizzard as its new CEO, who will take the helm of the company in the first half of 2023, succeeding the current CEO Nicole Muniz.  Activision Blizzard, a gaming giant with a market cap of around $60 billion, according to Yahoo Finance, is responsible for popular gaming franchises such as Call of Duty, World of Warcraft, Diablo and Overwatch. Alegre has held the role since 2020. Kieran Warwick, co-founder of Blockchain role-playing game Illuvium said in a Dec. 19 post that Yuga Lab...