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Tag: Cryptocurrencies

Blockchain and Cryptocurrency News 0

Yuga Labs’ Bitcoin NFTs top bid is 2 BTC; draws criticism for auction model

Yuga Labs’ TwelveFold Bitcoin (BTC) NFT top 288 bids are led by a 2 BTC bid (around $50,000), with the lowest being 0.111222 BTC ($250) as of press time. However, the collection has drawn heavy criticism from some crypto community members over its “stone age” auction model. TwelveFold is a 300 generative art piece inscribed onto satoshis on the Bitcoin […]

Blockchain and Cryptocurrency News 0

Pakistani banks to develop blockchain-based KYC despite cold attitude toward crypto

The State Bank of Pakistan has commissioned the development of a blockchain-based national eKYC (Know-Your-Customer) platform for retail banking, according to local media reports. The project is part of the central bank’s ongoing efforts to strengthen anti-money laundering and terrorism financing controls and improve financial inclusion — both of which the country has struggled with in recent years. It is […]

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