crypto – Tech News

LG’s NFT marketplace for TVs is shutting down

LG is shutting down Art Lab, its NFT marketplace for TVs. In a notice posted to its website, LG says it has made the “difficult decision” to close the platform on June 17th. LG launched its Art Lab app during the NFT craze in 2022, billing it as a way to “buy, sell and enjoy high-quality digital artwork” from your TV. It added new digital art to the platform through “groundbreaking” NFT drops, which users could purchase by scanning a QR code to complete transactions through Wallypto, LG’s crypto wallet app.
https://www.theverge.com/news/633272/lg-art-lab-nft-marketplace-shutdown

Worldcoin to launch new Orb to make its eyeball scanning device look “more friendly”

“The new orb is coming and the next iterations will look quite different,” Blania said during a fireside chat at a StrictlyVC event on Wednesday. He noted that he joined the company about four years ago and the Orb’s initial design predated his career at the company. Over the past seven days, more than 190,000 new accounts were created and about 3.13 million people total have signed up for Worldcoin, according to its website. “The thesis is very simple. We race toward billions of users as fast as we possibly can,” Blania said.
https://techcrunch.com/2024/01/24/worldcoin-to-launch-new-orb-to-make-its-eyeball-scanning-device-look-more-friendly/

X removes support for NFT profile pictures

On Tuesday, Elon Musk’s X wrote about a grand vision for the company in 2024, which includes launching peer-to-peer payments and more AI-powered tools. Amid all this, the company silently removed a feature for paid subscribers. They’re no longer able to set an NFT as a profile picture.
https://techcrunch.com/2024/01/10/x-removes-support-for-nft-profile-pictures/

Binance, Crypto.com execs tell investors to ‘ask me anything’ following the fall of FTX – The Verge

Nick Barclay / The Verge

Both Binance and Crypto.com hosted live question-and-answer sessions on Monday morning in an attempt to reassure investors that the cryptocurrency exchanges won’t meet the same fate as FTX, which suffered a sudden and catastrophic collapse last week.
https://www.theverge.com/2022/11/14/23457819/binance-crypto-dot-com-investors-ama-ftx-flops