African NFT Art Exhibition Featuring Portraits of Two African Royals Launched
May22

African NFT Art Exhibition Featuring Portraits of Two African Royals Launched

The Museum of Modern African Art Gallery & Lifestyle (MOOMA), a platform that promotes African artworks, recently kickstarted a 30-day non-fungible token (NFT) Modern African Art Exhibition. The exhibition, which will be MOOMA’s first NFT showcase, is set to feature the works of Goran Pin or the Portraitist. Pin, a Croatian national, is an artist seen “pushing the edges of the crypto art medium on multiple levels.” According to a...

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France Rejects Russian Request to Extradite BTC-e Operator Alexander Vinnik
May22

France Rejects Russian Request to Extradite BTC-e Operator Alexander Vinnik

Judicial authorities in France have refused to grant the extradition request filed by Russia for Alexander Vinnik. According to the Russian Ombudsman, Vinnik is now ready to start a new hunger strike despite his health deteriorating after spending almost four years in detention. Court Case Against Vinnik Continues in France The operator of the infamous BTC-e crypto exchange was recently sentenced to five years in prison and fined...

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Depends on Who You Ask: Report Shows NFT Sales ‘Cool Off,’ Another Study Says ‘Market Set to Double by October’
May22

Depends on Who You Ask: Report Shows NFT Sales ‘Cool Off,’ Another Study Says ‘Market Set to Double by October’

In 2021, the non-fungible token (NFT) ecosystem has grown massively and data shows during the last month, there have been 98,832 NFT sales across over 32,000 active wallets. Monthly statistics show $272 million in recorded NFT sales have taken place but a recent report shows the NFT market is starting to “cool off” as NFT volumes have dropped. Although, another study suggests the NFT market could double in size by the fall. Report...

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Bitcoin Bull Mike Novogratz Insists ‘Crypto Revolution Has Happened’ Despite Falling Prices, liquidation
May22

Bitcoin Bull Mike Novogratz Insists ‘Crypto Revolution Has Happened’ Despite Falling Prices, liquidation

Galaxy Digital CEO Mike Novogratz says that despite massive sell-offs across a broad range of cryptocurrencies, the story of crypto has not changed and “the crypto revolution has happened.” While viewing the current market as a “liquidation event” and a setback, Novogratz still believes in the long-term adoption of bitcoin. Crypto Revolution Amid ‘Liquidation Event’ Mike Novogratz shared his view on the crypto market in an interview...

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Facebook and Instagram Reveal How Much ‘Pirated’ Content is Removed Proactively
May22

Facebook and Instagram Reveal How Much ‘Pirated’ Content is Removed Proactively

Similar to other social media platforms, Facebook and Instagram have to battle a constant stream of unauthorized copyright material. To facilitate this process, parent company Facebook has rolled out several anti-piracy initiatives in recent years. Automated Piracy Takedowns Both Facebook and Instagram use a “Rights Manager” tool that automatically detects infringing material and allows owners to take down or monetize this content. In...

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