An Islamic scholar, Irshad Ahmad Ijaz, has asserted that digital currency is not fake currency and that it should be legitimized once certain conditions are met. Ijazโs viewpoint is echoed by other scholars that attended a seminar examining the status of digital currencies from the perspective of Islamic law. Use of Crypto in the Digital Age An Islamic scholar or Mufti, Irshad Ahmad Ijaz, recently argued digital currencies are not so-called fictitious currency, a report has said. He, however, suggested that such currency can only be justified once certain conditions…
Day: March 1, 2022
One NFT per human in existence and the Pixelmon controversy
Dutch artist Dadara and digital rights management platform RAIRtech have developed a collection of 7.9 billion identical nonfungible tokens (NFTs). The collection, named CryptoGreymen, is on the Polygon (MATIC) Ethereum scaling network. Although each NFT is identical, they will be assigned a serial number of up to 7.9 billion to reflect the number of humans currently estimated to be living on the Earth. The collection is designed to be a social experiment that Dadara hopes โcan rattle the cage of consensual reality and elevate conversation.โ He said in an official…
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Blockchain Game Mecha Morphing Completes Private Round of Financing
Mecha Morphing has completed its private round of financing led by YGG SEA and IVC. More than 20 institutions including SHIMA Capital, Innovion, AC Capital, and Sfermion participated in the investment. The specific investment amount has not yet been disclosed. Mecha Morphing is a well-crafted fully decentralized high-quality ARPG game. The game is set in a future time. The style is a unique fusion of cyberpunk with mecha wasteland. Coupled with high-quality combat graphics, it will bring players a visual feast. Mecha Morphing is a game that was carefully created…
JPMorgan Conducts Strategic Investment to Blockchain Firm TRM Labs, Expanding Crypto Business
On Monday, financial tycoon JPMorgan Chase (JPM)ย said it is making a โstrategic investmentโ in San Francisco-based blockchain intelligence platform TRM Labs. TRM Labs integrates more than a dozen blockchains, aiming to utilize blockchain technology to detect signs of financial crimes, such as fraud and money laundering, in real-time and help financial institutions, cryptocurrency companies, and public institutions deal with corresponding risk management. TRM said its Labsโ products would help demonstrate the transparency of blockchain transactions, helping clients reduce risk and meet anti-money laundering (AML) regulatory requirements. The company also offers…
Terraโs LUNA Jumps 24% as Bitcoin Breaks $44K
Tokens of the decentralized money market surged the most amid a broader run in the crypto market. Original
Mars4 Metaverse Listing on KuCoin โ Sponsored Bitcoin News
Humans have always had the ambition to explore outer space. To this day, the Moon Landing remains etched in history as one of the most highly regarded events of all time, one that continues to inspire over half a century later. Space travel is still far from universally available, such that even the planets and moons of our Solar System are beyond our reach but for the hard work and effort of the worldโs various space programmes. MARS4 Metaverse aspires to bring that dream closer. What is MARS4? MARS4 is…
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Cambridge University launches crypto research project with IMF and BIS
The University of Cambridge is collaborating with some of the worldโs top banking institutions and private companies to introduce a new project targeting cryptocurrency research. The Cambridge Center for Alternative Finance, or CCAF, has launched a research initiative aiming to bring more insights on the rapidly growing digital asset industry, the CCAF announced to Cointelegraph on Monday. Dubbed the Cambridge Digital Assets Programme, or CDAP, the project is a public-private collaboration with 16 companies including public institutions like the Bank for International Settlements Innovation Hub and the International Monetary Fund.…
Ethereum Whale Supply Last Active 7 Years Ago Hit New ATH
While small-scale investors continue to flood into Ethereum, the supply of ETH that was last active 7 years ago remains unsold. Ethereum Whales Wallets Remain Inactive According to statistics from the Glassnode data aggregator, small-scale investors are actively acquiring Ethereum, the second largest crypto on the market, while 7.6 million ETH that were last active in 2015-2017 remain unsold. The holders of Ethereum supply who last moved their crypto five and seven years ago, i.e. in 2017 and 2015, have achieved a three-month high, according to Glassnode. This supply presently…