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BTCUSD ▲ bid 43579.00 ask 43584.00 ETHUSD ▼ bid 3030.45 ask 3031.00 ▲ BCHUSD bid 500.49 ask 501.13 LTCUSD bid 152.09 ask 152.26 ▲ News+ Data Reports Events Podcasts Newsletter Text Alerts Sections You are currently not logged in. Login Get News+ Get Research Join The Block — Become Among the Most Informed on Digital Assets Subscribe Now Join Research Already a Member? Login now Digital assests are disrupting everything. Stay ahead of the curve. Become a member Independent analysis requires independent journalists. Click here to help support our work. NFT TWITTER EXEC REVEALS TEST FOOTAGE OF VERIFICATION TOOLS FOR NFT PROFILE PICTURES by MK Manoylov SEPTEMBER 29, 2021, 4:22PM EDT · 1 MIN READ advertisement Twitter’s head of consumer product marketing Justin Taylor released a video showcasing unreleased, in-development tools for users who want to have an NFT profile picture. The video was recorded by Mada Aflak, Senior Software Engineer at Twitter. In the video, Aflak shows how users must click on “Change photo” for their profile picture. An option to “Select NFT” will emerge, allowing the user to connect a digital wallet from Coinbase, Metamask, or other sources. The user selects the NFT they want as a profile picture – which will have a checkmark verifying the blockchain to which the NFT belongs. In addition to verified NFT profile pictures, users may display other NFTs they own through the upcoming “Collectible” menu option which will sit between a user’s “Tweets & Replies,” “Media,” “Reactions,” and other activity on Twitter. The social media company hinted at these tools when it had launched a bitcoin tipping feature via the Lightning Network on September 23. However, it is unclear when NFT verification will officially hit Twitter. NFT RELATED READING BINANCE HELPS TAKE DOWN CYBERCRIMINAL RING LAUNDERING $500M IN RANSOMWARE Sponsored COMPOUND BUG LEAVES $80 MILLION IN COMP AT RISK OF BEING MISREWARDED DeFi COINBASE PRO TO ADD SUPPORT FOR AVALANCHE'S AVAX TOKEN Blockchain MEMBERS OF CONGRESS ASK FED CHAIR POWELL TO ACCOUNT FOR CENTRAL BANK WORK ON CRYPTO Regulation DEX AGGREGATOR 1INCH BLOCKS OUT US TRADES IN PREPARATION FOR SEPARATE AMERICAN PLATFORM DeFi TWITTER EXEC REVEALS TEST FOOTAGE OF VERIFICATION TOOLS FOR NFT PROFILE PICTURES NFT CFTC CHARGES 12 CRYPTO OPTIONS MERCHANTS WITH FAILURE TO REGISTER Regulation CRYPTO EXCHANGES GEMINI, BINANCEUS POISED FOR MULTIBILLION-DOLLAR VALUATIONS IN NEW FUNDING ROUNDS Exchanges GET YOUR CRYPTO DAILY BRIEF Delivered daily, straight to your inbox. I accept the Terms of Service I accept the Privacy Policy Sign Up! BINANCE HELPS TAKE DOWN CYBERCRIMINAL RING LAUNDERING $500M IN RANSOMWARE Over the past year, Binance has expanded its in-house AML detection and analytics capabilities. Based on research and analysis, as well as an understanding of cybercriminals' history and cashout tactics, Binance arrived at the conclusion that the biggest security problem in the industry today is money connected to cyberattacks being laundered through nested services and parasite exchanger accounts that live inside macro VASPs, including exchanges like Binance.com Read Full Story SPONSORED POST Funding MULTI-CHAIN CRYPTO WALLET XDEFI RAISES $6 MILLION IN NEW FUNDING XDEFI Wallet, a multi-chain browser wallet extension that claims to be a Metamask challenger, has raised $6 million in a new funding round. Read Full Story SEP 29, 2021, 2:00PM GMT Central Bank BANK OF ENGLAND ANNOUNCES MEMBERS OF CBDC WORKING GROUPS INCLUDING PAYPAL, MONZO AND MORE The Bank of England said Wednesday that it has staffed up a pair of third-party working groups that will collectively provide input as the U.K. central bank pursues initiatives related to central bank digital currency (CBDC). Read Full Story SEP 29, 2021, 1:47PM GMT DeFi R3 IS WORKING ON A DEFI NETWORK WITH ITS OWN TOKEN R3, developer of the enterprise blockchain Corda, is exploring the launch of a DeFi network with a corresponding token. Read Full Story SEP 29, 2021, 1:36PM GMT The Block SOLANA-BASED NFT PLATFORM METAPLEX STUDIOS NAMES NEW CEO AND ADVISORY BOARD A body formed to steer the development of Metaplex, an open-source platform for building NFT storefronts, has named former Citadel and Google executive Adam Jeffries as CEO, according to a press release. Read Full Story SEP 29, 2021, 1:00PM GMT Ripple RIPPLE ANNOUNCES $250 MILLION FUND TO SUPPORT NFT PROJECTS ON XRP LEDGER Ripple has announced a "creator fund" worth $250 million to support NFT projects building on its native blockchain XRP Ledger. Read Full Story SEP 29, 2021, 1:00PM GMT Regulation CFTC LEVIES $1.25 MILLION PENALTY AGAINST KRAKEN — AND COMMISSIONER STUMP WEIGHS IN ON SETTLEMENT Kraken will pay a $1.25 million civil monetary penalty and refrain from further violations, according to a statement from the CFTC. Read Full Story SEP 28, 2021, 9:22PM GMT NFT NFL AND DAPPER LABS PLAN TO LAUNCH AN AMERICAN FOOTBALL-FOCUSED NFT MARKET: REPORT The new American football NFT marketplace is predicted to arrive before the end of this year’s football season in early January of 2022. Read Full Story SEP 28, 2021, 8:39PM GMT The Block News Plus THE INDUSTRY RESPONSE TO CHINA’S LATEST CRYPTO CRACKDOWN SUGGESTS IT’S THE MOST SERIOUS YET China's latest crypto crackdown is the latest in series of similar-sounding policies. But all signs suggest this one is more serious. Read Full Story SEP 28, 2021, 6:13PM GMT Institutional BNY MELLON BEEFS UP DIGITAL ASSETS UNIT WITH THREE SENIOR HIRES Global bank BNY Mellon has announced a trio of senior hires in its digital assets team. The three executives will fill newly created roles at the bank. Read Full Story SEP 28, 2021, 5:06PM GMT Regulation OUTGOING CFTC COMMISSIONER DAN BERKOVITZ NAMED AS SEC GENERAL COUNSEL Dan Berkovitz, a commissioner at the U.S. Commodity Futures Trading Commission and a noted public-sector critic of decentralized finance, will serve as general counsel of the U.S. Securities and Exchange Commission starting in November. Read Full Story SEP 28, 2021, 3:21PM GMT Central Bank FED CHAIRMAN POWELL SAYS IT WOULD BE 'IDEAL' TO WORK WITH CONGRESS ON DIGITAL DOLLAR Federal Reserve chairman Jerome Powell said Tuesday that he believes the U.S. central bank should work with Congress to create a digital dollar. Read Full Story SEP 28, 2021, 3:07PM GMT Regulation SENATORS CALL FOR A TREASURY STUDY ON MINING WITH NEW BILL Two U.S. senators want the Treasury Department to take a closer look at crypto mining policies across the world. Read Full Story SEP 28, 2021, 1:59PM GMT Companies SOCIAL TOKEN PLATFORM ROLL RAISES $10 MILLION IN SERIES A FUNDING The Hong Kong-based venture firm IOSG Ventures led the round, with participation from Animoca Brands, Huobi Ventures, and other investors. Read Full Story SEP 28, 2021, 1:05PM GMT Mining FOURTH-LARGEST ETHEREUM MINING POOL BEEPOOL IS SHUTTING DOWN China-based Ethereum mining pool BeePool, currently the fourth-largest in terms of hashrate, is shutting down on October 15. Read Full Story SEP 28, 2021, 12:59PM GMT NFT ART BLOCKS HIT WITH ‘BLOCK REORG’ DURING LATEST FRENZIED AUCTION Art Blocks buyers are complaining that they failed to receive pieces they appeared to have purchased in the platform’s latest headline drop. Read Full Story SEP 28, 2021, 9:58AM GMT China COINGECKO, COINMARKETCAP, TRADINGVIEW NOW BLOCKED IN CHINA Two most popular crypto market data sites have now become inaccessible for users based in mainland China. Read Full Story SEP 28, 2021, 3:02AM GMT Ethereum IMMUTABLE X RAISES $12.5 MILLION IN UNDER AN HOUR THROUGH COINLIST TOKEN SALE Immutable received over 720,000 unique token registrations but only gained 25,000 new token holders. Still, the startup raised $12.5 million in under an hour. Read Full Story SEP 27, 2021, 9:07PM GMT China ALIBABA SAYS IT WILL BLOCK SALES OF CRYPTOCURRENCY MINING EQUIPMENT STARTING NEXT MONTH Chinese e-commerce giant Alibaba said Monday that, beginning on October 8, it will halt the sales of cryptocurrency mining equipment on its platform. Read Full Story SEP 27, 2021, 6:50PM GMT Legal SEC LEVIES CHARGES AGAINST ALLEGED 'MEME STOCK' WASH TRADERS The SEC has charged two men with allegedly wash trading meme stocks to take advantage of rebate programs at the start of this year. Read Full Story SEP 27, 2021, 6:02PM GMT More * Content * News * Research * Data * Reports * Multimedia * Events * Podcasts * Newsletters * Text Alerts * Company * Features * Research * About * Team Members * Disclosures * Contact * Advertise * Careers * Tips © 2021 the block. all rights reserved. privacy policy • terms of service $600 Welcome Rewards Claimed Your Welcome Perks Yet? Register now to get up to $600 in rewards. Register Today! 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