What is ERC-721 Tokenization Standard?

ERC-721 is a technical standard for the implementation of non-fungible tokens (NFTs) on the Ethereum blockchain which outlines and provides rules that all NFTs must follow. NFTs that adhere to the ERC-721 standard are interoperable with each other and the wider Ethereum ecosystem. The ERC-721 standard produces provably rare assets, and is widely used for digital collectibles, games, art, and luxury items.

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Kuwait struggles with illegal mining due to energy crisis

Kuwait is toughening its crackdown on illegal cryptocurrency mining, conducting raids and blocking sites to reduce the strain on the power grid caused by the energy crisis.

Phoenix Group expands bitcoin mining in Ethiopia

Phoenix Group has expanded its bitcoin mining capacity in Ethiopia by 52 MW, reaching 132 MW in the country and exceeding 500 MW globally, utilizing mostly renewable hydropower.

UAE launches national stablecoin based on dirham with support from Central Bank

The United Arab Emirates continues to actively develop the digital economy.

Bitcoin mining shifts to green energy

Bitcoin mining is getting greener, reflecting the industry's shift to sustainable sources under economic, regulatory and societal pressures.

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