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🚀 If you haven't minted it, then do you actually own it? 🤔

Don't miss out on the juiciest news in the crypto space! Stay in the loop to ensure that you receive our latest newsletters, right in your inbox! Have a great Monday, Geckos!   Ant Group and Tencent have modified references of non-fungible tokens (NFTs) to "digital collectibles" on their platforms and websites.   Although NFTs are not included in the Chinese government's anti-crypto trading and mining regulations, governmental institutions have warned against NFTs trading.   The companies appear to be distancing themselves from NFTs in order to demonstrate their commitment to compliance and to reiterate their opposition to NFT hype and market speculation.   In today's news, Ethereum's fee-burning mechanism crosses $2B, Tyler Hobbs sells $7M worth of unseen NFTs, and the Saudi central bank considers blockchain technologies for the finance sector.   Read on!

24h Hot Searches Worldwide 👀 Kuma Inu      (-8.7%)  Shiba Inu      (-0.6%) BNBPay        (-13.9%) Kadena         (+28.5%) Fantom         (+7.0%) Moonriver    (-0.9%) GameZone   (+0.3%)

Let It Burn!   The Ethereum (ETH) network has burned around $2 billion worth of Ethereum (603,452 ETH), driving the cryptocurrency to its current all-time high.   EIP-1559's mechanism removes around $30 million ETH from circulation each day by sending it to a defunct address.   The upgrade was implemented to facilitate the long-awaited Ethereum 2.0 upgrade, which will use the Proof of Stake algorithm to validate transactions.   Decrypt You Can't See It But You Can Feel It   Tyler Hobbs, the artist behind the popular NFT series Fidenza, will debut 100 unique digital artworks in his current collection Incomplete Control at the Bright Moments gallery in New York City.   Hobbs' fans have contributed 1,800 ETH ($7 million) in exchange for 50 of 100 "Golden Tokens," which will allow owners to mint the yet-to-be-revealed artworks during the event.   All 50 tokens that allow owners to mint unrevealed digital artworks were sold between 30 Ether ($120,000) and 80 Ether ($320,000) each.   Cointelegraph Integrating Blockchain In Stages    Saudi Arabia's central bank is experimenting with blockchain technologies for the finance sector, but it has no intention to replace cash with digital payments.   When it introduced Project Aber in 2019, the central bank was one of the first in the world to experiment with CBDCs.   The country is attempting to expand the share of electronic payments to 70% of total payments by 2030 while maintaining the continuity of cash transactions.   CoinDesk

Over 20 million registered users choose eToro to trade crypto and other leading assets. eToro isn't just a place to trade — it's a collaborative community for crypto traders. Plus, it's easy to make your first buy-in with only $200, and pay with your credit card or PayPal! You'll even get a risk-free $100K virtual account to practise with. Open your free account CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.   Cryptoassets are unregulated in some EU countries and in the UK. No consumer protection. Your capital is at risk. Limit Order / Limit Buy / Limit Sell   Orders placed by traders to buy or sell a cryptocurrency when a certain price is reached. This is in contrast with market orders at which a cryptocurrency is sold at the current best available price.    Learn about other Crypto terms here NFT of the Day 🖼️ Flow Lunatic Gallery: StarryNift   The artwork listed above is Flow Lunatic Code Green, the battle rapper who masters the use of drip and beats in the StarryNift metaverse. Code Green, the original NFT character created by StarryNift chief artist 5ive, is a series of cyberspace viruses who accidentally found the blockchain database when roaming in the galaxy and plotted to reign on the throne of a decentralized cyberpunk world. Code Green holders can enjoy the Play-to-Earn fun like NFT upgrading, battling, breeding, trading, and so on. Check out other NFTs on CoinGecko ___________________________________________________________________ Submit your favorite NFTs here for a chance to be featured as our NFT of the Day! ____________________________________________________________________________________

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