[Weekly News] the 3rd week of August.
Hi, Everyone. This is ReapChain.
Let’s learn about the hottest Bitcoin and cryptocurrency news in the 3rd week of August!
Galaxy Digital “NFT intellectual property problem has a big impact on the metaverse.”
Decrypt reported that Galaxy Digital released a report titled ‘NFT License: Fact and Fiction and analyzed that the intellectual property rights problem of the NFT project could have a major impact on the Metaverse in the future. According to the report, Galaxy Digital said, “Actually, most NFTs do not hand over intellectual property rights to their owners. Some NFT projects are far more tolerant of intellectual property rights than others,” he said, referring to NFT projects such as Bored Ape Yacht Club (BAYC) and Moonbirds.
Uniswap Blocks 253 Addresses Related to Tornado Cash
The Block reported that decentralized cryptocurrency exchange Uniswap (UNI) had blacklisted 253 Tornado Cash-related addresses in the past four months. According to reports, most of the blocked addresses are related to Tornado Cash (TORN), which the U.S. Treasury Department has recently sanctioned. In particular, all related addresses were blocked in the past, but now only addresses on the subject of sanctions or directly received hacked or stolen funds are blocked. These addresses can be verified through data posted on GitHub by uniswap developer Jordan Frankfurt.
BitPay Now Allows Buying Best Buy Gift Cards With Cryptocurrency
Cryptocurrency payment solution BitPay announced that Best Buy gift cards, a famous North American electronics retailer, can be purchased through Ethereum (ETH), Shibainu (SHIB), and Dogecoin (DOGE) payments, YouTube reports. The report states, “Payment can be made by purchasing a gift card from BitPay. However, not all branches, but only the Minnesota headquarters in the U.S. support cryptocurrency payments.” Recently, Newegg, an online electronics shopping mall in the U.S., also added SHIB as a payment option.
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