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China announced the launch date of the state-owned NFT marketplace

China intends to use its NFT platform to regulate the secondary markets of collectible tokens and combat excessive speculation in digital assets. The Chinese authorities have made it clear that on January 1 they will launch the first regulated platform for trading non-interchangeable tokens. The platform was created by the state-owned China Technology Exchange, the private Huban Digital China announced the launch date of the state-owned NFT marketplace

Michael Saylor: "Proof-of-Stake protocols are unstable and risky"

The founder of MicroStrategy called cryptocurrencies using the Proof-of-Stake (PoS) consensus algorithm unstable and at risk of collapse. Michael Saylor supported Bitcoin maximalist Matthew R. Kratter, who recently stated that the Proof-of-Stake consensus mechanism, which the Ethereum network switched to, makes the ether more vulnerable. Kratter suggested that regulators examine whether the Michael Saylor: "Proof-of-Stake protocols are unstable and risky"