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At least one bank is leaning towards developing it on a permissioned blockchain.

ALSO: CoinDesk’s Consensus Magazine unveils its latest special project, spotlighting 19 blockchain, crypto and Web3 projects to watch in 2023; ether dips to $2,070.

Vetle Lunde, who last week predicted bitcoin would reach $45,000 in May, said that markets seem to have stabilized as “rotten fruits” have been washed out of the industry.

The Lightning Address protocol allows users to send bitcoin over the Lightning Network to a wallet identifier resembling a conventional email address.

Denis Dubnikov, a founder of two OTC trading desks in Russia tied to ransomware attacks, was sentenced to no jail time and forfeiture of $2,000 last week after a guilty plea, court documents show.

The small, blue beings that originated as a comic and became internationally known as cartoon and movie stars are entering the NFT arena from the Smurf Society.

The virtual sneaker, called Our Force 1, is a play on the brand’s iconic Air Force 1 design.

Ethereum’s seamless implementation of withdrawals, also known as the Shanghai upgrade, on April 12 has led ETH’s price to rally above $2,100, the highest since May 2022.

If you hold crypto that has appreciated in value for more than one year, you won’t need to worry about paying capital gains taxes and you’ll reap the benefits of one of the most generous deductions in the tax code, Adam Nash writes.

It’s become a running theme: Massive brands are providing loyal customers with NFTs, but they’re no longer calling them by that. 

Now, it’s a “collectible” or, in the case of Nike, a “creation.”

The shoe and apparel juggernaut announced that it is dropping its “first digital-creation collection” on .Swoosh, the blockchain-powered platform Nike announced late last year. Consumers will be able to buy digital images of virtual show boxes for $19.82, the company said. Each box will eventually unlock various digital versions of Nike’s “iconic Air Force 1” sneakers, which were first sold in … 1982.

The move to leave crypto lingo like NFTs or blockchain out of the equation follows similar promotions launched by The Rolling Stones and Fox Entertainment. The trend away from using industry lingo may be a fallout from the series of crypto scandals that keep unraveling, or an attempt to mainstream the technology by using everyday language.

Who gets Nike’s boxes?

Nike said it will give every one of its more than 330,000 .Swoosh members an opportunity to buy one of the digital boxes. If the company sells at least one box to each on of its members Nike could generate more than $6.5 million in revenue. 

This isn’t Nike’s first digital foray. Late last year RTFKT, a digital fashion and collectibles firm owned by the company, released NFT sneakers..

The Air Force 1 boxes begin to become available from April 18 and can be purchased on Nike’s on digital marketplace.

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