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Amidst recent limitations imposed by Australian banks on cryptocurrency payments, key players within the blockchain industry are mobilizing to resist these constraints. Blockchain Australia, an industry organization, has voiced its opposition to the restrictions and expressed its determination to address the issue proactively with concrete data-driven strategies. Fostering collaboration Acknowledging the growing concerns regarding crypto-related scams and fraud, Blockchain Australia is actively addressing these challenges through a series of initiatives. Their efforts include the launch of an educational program aimed at empowering consumers with knowledge about cryptocurrencies, emphasizing that crypto itself is not inherently problematic but rather scammers who exploit it.  Furthermore, they are recognizing and promoting the ethical conduct of industry players who uphold best practices, seeking validation from banks. To foster collaboration and combat scams within Australia...

At NFT.NYC 2023, Cointelegraph's team learned firsthand how nonfungible tokens are shaping the digital world of tomorrow. From tokenizing investment assets to game avatars, nonfungible tokens (NFTs) have an array of applications that go beyond digital art, with more projects coming online despite the market downturn in 2022.  At the NFT.NYC 2023 conference, Cointelegraph's team learned first-hand from experts, projects, companies, and the NFT community how the technology is shaping the digital world. Check out the highlights of the three-day event below: NFT games show signs of maturing  After years of development, the first batch of NFT-based gaming projects are entering the market, paving the way for a world in which real life and games will be blended, companies and developers told Cointelegraph. "Ten years from now, I could be wearing my VR glasses or still using my phone, or probably using some new system interacting with the Metaverse, but I'm going to be able ...

The metaverse is for more than enthusiasts and consumers, it is also for the B2B community and beyond. The cannabis industry has long been fragmented, both geographically and politically. Recognizing this, Mark Bonner, CEO of Cannaverse Technologies and creator of Cannaland, decided to take matters into his own hands. With a background in renewable energy, Mark Bonner brings a unique perspective to the cannabis industry. He saw the potential for a more streamlined, efficient and secure approach and set out to create it — a metaverse known as Cannaland. It is the world's first cannabis platform powered by blockchain technology, and Mark Bonner is at the forefront of the industry, leading the charge for a more unified, sustainable future. Given his extensive experience, our team at Cointelegraph felt it was only fitting to sit down with Mark Bonner to discuss his vision for the industry and how the metaverse plays a role in it. Cointelegraph: With all the talk of the metaverse and w...