CVS to Sell NFT Drugs in the Metaverse

CVS pharmacy wants to be the first drugstore to sell NFTs in the metaverse, and they’ve filed a trademark application to sell downloadable virtual merchandise. Because when your cholesterol is too high, what you really need is a non-fungible Lipitor.

Coinbase explains how it complies with sanctions against Russia. Last week, Coinbase refused to ban all Russians from its platform. Coinbase CEO Brian Armstrong says Russia would be better off using U.S. cash to evade sanctions than try using crypto. Crypto is “more traceable” than cash, art, or gold.

Cardano whales have purchased more than 4 billion ADA this year. Cardano is also the most used blockchain with the lowest fees.

How the Ukraine crisis became the turning point for crypto (a great read). In fact, it has become a double-edge sword.

What would Plato think of cryptocurrencies?

1st Energy is Australia’s first energy provider to accept crypto payments. The company will accept Shiba Inu through BitPay. They will also accept Bitcoin, Bitcoin Cash, Ethereum, Dogecoin, Litecoin, Wrapped Bitcoin, and USD-backed stablecoins. Yippee-ki-yi-yay!

How to recover your tokens if you send them to the wrong address on the Binance network.

Switzerland, typically neutral in geopolitical conflicts, has agreed to join the sanction party hosted by the EU and U.S. The country is freezing Russian crypto assets.

Susan Orlean admits: “my drinking word was cryptocurrency.”

The Rise of Internet-Based Social Media: Blogger

Shortly after Six Degrees launched, blogging became a popular medium of expression allowing bloggers to interact with readers through threaded comments. But a blog, like a website, needs a host.

Popular free blog hosting website Blogger.com, now owned by Google, was launched in 1999 and helped to usher in the age of blogging as a social medium. Blogger.com allows users to interact with each other through their blog accounts and even allows for multi-user blogs, putting the “social” in social blogging. WordPress.com launched in 2005 to compete, but the downloadable blogging software version of the brand (WordPress.org) had launched in 2003.

An excerpt from my forthcoming book Cryptosocial: How Cryptocurrencies Are Changing Social Media, to be published by Business Expert Press in March 2022. Want to read it? Join my launch team for more information.

Cryptocracy is a decentralized newsletter published 4 times a week. I curate the latest news and crypto analysis from some of the brightest minds in crypto, and sometimes offer a little insightful and snarky commentary. Always fresh, always interesting, and always crypto.

First published at Cryptocracy. Not to be construed as financial advice.

Image credit: Shutterstock via Blockworks