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Remote Japanese Village Turns to NFTs to Support the Elderly
By Philip Maina 2 months agoThu Jun 27 2024 10:51:32 Reading Time: 2 minutes A remote Japanese village is using NFTs to support its ageing population The village is selling collectibles and using the proceeds to organize school events and other community initiatives The project has the blessings of the country’s ruling party, which contributed $62,500 as a grant Japan’s Neo-Yamakoshi village found in the Niigata mountains is changing how it cares for its elderly population by turning to NFTs . The village is using an NFT collection dubbed “Nishikigoi” to raise funds that go into funding community projects like...
US Government Prepares to Sell $2 Billion in Silk Road Bitcoin
By Mark Hunter 1 day agoTue Dec 03 2024 11:23:53 Reading Time: 2 minutes The US government has transferred $2 billion worth of bitcoins, seized from the Silk Road marketplace, to Coinbase Prime Around 19,800 BTC has been moved, raising fears about potential impacts on Bitcoin’s market price The Supreme Court has recently allowed the government to liquidate seized cryptocurrency assets following a court case The US government seems on the verge of selling $2 billion worth of bitcoins from Silk Road following a recent coin move. Approximately 19,800 bitcoins were moved out of a US government-controlled address yesterday, half...
Solana Devs Address Critical Security Vulnerability with Latest Patch as Binance Labs Boosts Restaking
Binance Labs, Binance’s investment arm, has invested an undisclosed amount in Solayer, a new restaking protocol on Solana. The protocol allows users to restake SOL and liquid stake tokens across Solana-based dApps, strengthening their security and allowing users to maximise yields. The news coincides with a critical vulnerability found in the Solana network, successfully patched by developers before ending in another outage. Despite the quick response, SOL’s price has dropped nearly 8% in the day. Solana projects are in the crosshairs of Binance Labs, as the exchange’s investment arm recently invested in Solayer—a relatively new restaking protocol in which users...