Avalanche Foundation introduces Visa crypto spending card
The Avalanche Card is a credit card linked to a “self-custody wallet and unique address per asset.”
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Nifty News: Chinese firms to offer World Cup metaverse viewings, X2Y2 backtracks on royalties, and more
Chinese firms bet on ‘Metaverse-like’ experiences for FIFA World CupChina-based technology companies are reportedly working on tech that would give Chinese soccer fans the ability to watch the FIFA World Cup within the Metaverse.The efforts are part of a five-year plan released by the Chinese government in early November to boost the capabilities and development…

tZERO to tokenize $18M of stock for the ‘Robinhood of real estate investing’
Around $18 million worth of NYCE’s common shares will be tokenized and supported for secondary trading on tZERO’s security token trading platform. 144 Total views 1 Total shares tZERO, an alternative trading system for security tokens, has announced a partnership with real estate crowdfunding company, NYCE Group, to tokenize $18 million worth of the firm’s…

SafeMoon falls 31% in five hours after filing for Chapter 7 bankruptcy
The token of decentralized finance protocol SafeMoon (SFM) has fallen 31% in five hours after the company filed for bankruptcy.Safemoon officially applied for Chapter 7 bankruptcy, also known as “liquidation bankruptcy," in a Dec. 14 filing to the United States Bankruptcy Court in the District of Utah. The voluntary petition was filed by attorney Mark Rose

Bitcoin’s daily transactions reach new record high
The Bitcoin network surpassed 926,000 daily transactions, driven by a growing interest in Runes.

Binance: Funds ‘SAFU’ After Amazon Web Services Error Stops Withdrawals
Cryptocurrency exchange Binance has confirmed user funds are not at risk after a reported technical problem began affecting withdrawals. According to CEO Changpeng Zhao, also known as CZ, the situation was being resolved on Aug. 23, while funds security was not compromised. “Funds are #safu,” he wrote on Twitter, employing a now well-known catchphrase he had previously…

Bitcoin transactions fees in US dollars near all-time high levels
The latest spike in BTC transaction fees comes amid a major decline in the Bitcoin network hash rate. 627 Total views 9 Total shares Bitcoin (BTC) transaction fees measured in United States dollars are near 2017 levels amid a massive hash rate drop on the Bitcoin network.According to data from several Bitcoin monitoring resources, the…

Solana unveils new Seeker device, says it’s not just a ‘memecoin phone’
Solana’s new Seeker device will be a “rewards magnet” like the Saga, but it’s not just a “memecoin phone,” says Solana Labs General Manager Emmett Hollyer.

Happy Bitcoin anniversary, Tesla — Elon Musk firm still hodls 9.7K BTC
Bitcoin (BTC) held by Tesla is still worth 33% less than its 2021 purchase price, the latest data shows.Two years to the day that Elon Musk’s firm added BTC to its balance sheet, most gains continue to evade the auto manufacturer.Tesla and Bitcoin: From $1.5 billion to $225 millionBitcoin and Tesla have proven an explosive…