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China’s Ministry of Public Security is set to experiment with a new blockchain-powered platform to verify the identity of its more than 1.4 billion citizens. The move comes at a time when the development of blockchain solutions is being prioritized by the government and cryptocurrency-related activity is soaring in the country despite a national ban. Known as Real-Name Decentralised Identifier (RealDID), the platform was developed by the Ministry’s First Research Institute and the government-backed Blockchain-based Service Network (BSN). The platform will allow Chinese internet users to log into platforms without disclosing any private information. A New Way to Verify Your Identity By obtaining blockchain-based digital IDs for anonymous website logins, China’s new digital identification system would allow users to keep their personal data disconnected from transactions. Users will be required to use Anicert’s Cyber Trusted Identity (CTID) to verify and manage their identities, wit...

Iconic Japanese electronics company Casio is bridging the physical and digital worlds by offering NFT artworks showcasing conceptual virtual versions of its legendary tough-as-nails G-Shock watches. Keypoints Casio released 2,000 NFTs featuring exclusive virtual G-Shock watch designs available for purchase at 0.1 ETH each This is Casio’s second NFT collection after releasing free Polygon passes in September NFT owners get special perks like a tour of the durability testing lab and discussions with designers Two futuristic virtual designs were released, the VGA-001 “Balloon Concept” and VGA-002 “Leaf Spring Concept” Each virtual design explores creative concepts not possible with physical materials Casio released an exclusive set of 2,000 NFTs on Thursday featuring two imaginative Virtual G-Shock designs. The futuristic digital models appear as if they jumped straight out of the metaverse into the realm of cyberpunk science fiction. The NFT drop includes 1,000 “VGA-001” edi...

The Avalanche token ( AVAX ) has been defying expectations and gravity in recent weeks, recording substantial gains in price and derivatives interest even amidst scheduled token unlocks. Keypoints About 3 million AVAX tokens were unlocked in December, but the price kept rising. The unlocks accounted for just 0.82% of the circulating supply. AVAX price has gained 72% so far in December, defying expectations that the unlocks would pressure the price down. It has been one of the top performers this month. Open interest in AVAX futures hit an all-time high of $370 million over the past week as momentum built. More traders are now long rather than short. AVAX surged 50% in a week while most cryptos declined. It’s nearing resistance around $41 and momentum and interest seem strong. Open interest in AVAX reached $413 million this week, a new record. Interest really took off in November and December, rising 400%.   About 3 million AVAX tokens were set to be unlocked from stakin...

Solana’s crypto-focused smartphone, Saga, officially sold out in the US this week after demand exploded due to the meteoric rise of Bonk, a Solana-based meme coin. Keypoints Solana’s crypto phone Saga sold out in the US amid huge demand Demand surged due to the price of meme coin BONK skyrocketing after exchange listings Saga phone buyers get a free airdrop of 30 million BONK tokens, worth over $800 at current prices To allow more people to buy, Solana Mobile limited sales to 1 phone per household Only about 5,000 Sagas left for the European market, all sold out in the US On December 13th, Bonk’s price catapulted to an all-time high following announcements that top exchanges Coinbase and Binance would list the formerly obscure token . Traders eager to capitalize on Bonk mania rushed to get their hands on the Saga phone and its accompanying 30 million Bonk token airdrop, valued at nearly $900 at the time. The Solana Mobile team struggled to keep up with orders as sales of ...

Former US President Donald Trump has announced the launch of his latest NFT collection: “Mugshot”. The collection, which is effectively an edition of the Trump Digital Trading Cards collection launched earlier this year, includes 100K tokens priced at $99 each. The popularity of the latest edition has resulted in the price of NFTs from the previous editions experiencing extreme volatility on secondary markets after the announcement. According to NFT Price Floor , the second set of cards has seen its value increase by 935% over the past 7 days while the original set saw its value drop by 27.5% at the time of writing. Trump Doubled Down on NFTs The launch of the collection’s third set follows the former president’s legal woes in Georgia after being indicted back in August. The mugshot taken as part of the proceedings immediately became a sensation among Trump’s supporters, resulting in an avalanche of merchandise and memes. The 47 cards in the collection display the former presiden...

Cryptocurrency wallet Rainbow made waves this week with the launch of its new rewards initiative called “Rainbow Points.” On December 12th, Rainbow announced that they had taken a snapshot of all Ethereum blockchain activity and allocated points to Ethereum users based on factors like their wallet balances and usage of decentralized apps and services. Keypoints Rainbow wallet launched a rewards program called “Rainbow Points” for Ethereum users based on their on-chain activity Users can earn more points by importing MetaMask wallets into Rainbow, holding Rainbow NFTs, using Rainbow for swaps/transfers, and referring friends This is seen as a “vampire attack” on MetaMask to lure users away, with Rainbow calling it a “fox hunt” against MetaMask Speculation that Rainbow points may lead to a future token airdrop, similar to Blur and other platforms Over 400,000 wallets are now showing on Rainbow’s leaderboard after the points announcement While all active Ethereum wallets recei...

BC.Game was launched in 2017 and has quickly become popular among casino enthusiasts and gamers. With over 8,000 games spanning several categories, this platform has revolutionized online casinos. The list includes slots, casino games, sports betting, and cryptocurrency price predictions. For many gamers, the platform’s seamless gaming experience and extensive payment options are remarkable. This review discusses the ins and outs of this crypto-focused online gaming platform. Visit BC Game Quick Verdict: BC.Game is a popular crypto-focused online casino launched in 2017 that offers over 8,000 games, generous bonuses up to 300%, and supports 18+ major cryptocurrencies and various payment methods across its sports betting, slots, table games, and live casino. Quick Facts Category Info Launch Year 2017 Games 8,000+ games including slots, casino, sports betting, crypto betting Sports Betting 45+ sports, 250+ betting options per football game Casino Games 10,...