11 February

YouTube is looking at NFT integrations to provide new methods for creators to engage with fans and develop additional revenue streams. Mohan suggested creators could tokenize their videos, photos, art and experiences as a way to engage with fans.

There’s a lot to consider in making sure we approach these new technologies responsibly, but we think there’s incredible potential. We believe new technologies like blockchain and NFTs can allow creators to build deeper relationships with their fans.

Finally, we couldn’t have a piece about innovation without touching on the Metaverse! We’re thinking big about how to make viewing more immersive. The first area in which you can expect to see an impact is gaming.”

See Also: Porn-Friendly Platform OnlyFans Adopts Ethereum NFT Profiles
See Also: Alfa Romeo Is Building NFTs Into Latest Hybrid Car to Record Vehicle Data

Trading app Robinhood wants cryptocurrencies to be a central part of its business strategy, according to one of the company’s top executives.

We have aspirations to take this brand global and we would do so crypto first.

Robinhood has set aggressive goals to start opening its crypto platform up to customers internationally in 2022. The company believes in the immense potential of the crypto economy and sees a big opportunity in serving customers across the globe.”

See Also: MakerDAO launches biggest ever bug bounty with $10M reward

“Binance will assume half of the $400 million commitments from institutional investors, which was announced in August, effectively making it one of the two biggest owners of the publication. Patrick Hillmann, chief communications officer at Binance, and Bill Chin, head of Binance Labs, will join the Forbes board.

As Web 3 and blockchain technologies move forward and the crypto market comes of age we know that media is an essential element to build widespread consumer understanding and education. We look forward to bolstering Forbes’ Digital initiatives, as they evolve into a next level investment insights platform.”

See Also: Crypto M&A Surged Nearly 5,000% in 2021, PwC Report Says

“Bitcoin (BTC) struggled to remain above $44,000 on Thursday, as U.S. stocks fell further following hawkish remarks by a Federal Reserve official.

Responding to a surprisingly high rate of inflation, Bullard said he supported raising interest rates by a full percentage point by July. His comments came after the U.S. Labor Department on Thursday reported that the consumer price index (CPI) for January hit 7.5%, which was higher than what analysts expected earlier.

Buyers reacted quickly to a nearly 5% price drop early in the New York trading session and maintained short-term support at above $43,000. The next level of resistance is at $46,710, which represents a 38% retracement of the previous two month-long downtrend.

For now, momentum signals are improving on intraday charts, although price action is volatile following the U.S. inflation report. Stronger resistance is seen at $50,000 if buyers sustain short-term momentum.”

See Also: US Inflation Hits New 4-Decade High of 7.5% in January
See Also: Fitch Downgrades El Salvador to CCC Weeks Before Bitcoin Bond Issue

“Chinese entertainment conglomerate Tencent has been approved by the United Nations to lead a project exploring the creation of a standard technical and security framework for non-fungible tokens (NFTs) .

The U.N. agency for information and communication technologies, The International Telecommunication Union (ITU) approved the project, which is expected to complete an initial draft by the end of 2022. Any recommendations advised by the ITU only become mandatory and enforceable when nations adopt them as law.

The international standard aims to specify the technical architecture, technical flows, functional requirements, and security requirements for blockchain-based digital collectibles.”

See Also: FlamingoDAO’s NFT Portfolio Is Now Worth $1B

“Samsung has unveiled its new range of Galaxy S22 premium smartphones at its virtual Samsung 837X space in the Decentraland metaverse.

Over 100,000 users attended the “Samsung Unpacked 2022: The Epic Standard of Smartphone Experiences” event in the first 11 hours making it one of Decentraland’s most experienced destinations to date.”

“Yesterday, the EU finance chief said that early next year a bill for a digital euro would be proposed. The European Central Bank last year conducted research on the advantages of a digital euro.

A digital euro would be the EU’s version of a central bank digital currency (CBDC).”

See Also: Digital yuan transactions beat out Visa at Winter Olympics venue: report
See Also: Canadian MP introduces bill aimed at encouraging growth in crypto sector

“CEO Yves La Rose tweeted Thursday that the foundation is taking steps to hold Block.one ‘accountable for its past actions and broken promises. Review of ALL possible legal recourse to seek $4.1B in damages underway.’

The foundation has enlisted a Canadian law firm to investigate Block.one’s actions and pledges to the EOS community and investors to determine whether options are available for legal proceedings.

The EOS community feels Block.one has shifted its focus and funding – including its vested EOS tokens – to new crypto exchange Bullish, which was unveiled last May with PayPal co-founder Peter Thiel and digital asset manager Galaxy Digital among its backers.

The relationship between the two deteriorated, with La Rose saying in November that EOS was a “failure” and its native currency a ‘terrible investment.'”

Squeeth: No liquidation, squared leverage!