Blockchain and Cryptocurrency News Roundup

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  • April 4, 2022
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4th April 2022

Here’s a short summary of some of the biggest headlines in Crypto: OpenSea Signals Integration of Solana NFTs by April, Binance Named as One of the Marketing Partners for the 64th Grammy Awards, Professional Investors Believe Crypto Will Become Mainstream, and lastly, Dubai Police Releases Free NFTs to Enhance Authority.

OpenSea Signals Integration of Solana NFTs by April

Solana’s non-fungible tokens (NFTs) will be available for buying and selling on OpenSea’s website by April.

The launch date, however, is yet to be revealed. Following Ethereum (ETH), Polygon (MATIC), and Klaytn (KLAY), Solana will become the fourth blockchain that OpenSea will support.

Currently, Solana users can only trade NFTs on Magic Eden, Solanart, and SolSea, but the largest marketplace for NFTs will be open as a new avenue for trading next month.

Transactions in OpenSea largely happen on Ethereum.

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Binance Named as One of the Marketing Partners for the 64th Grammy Awards

Binance cryptocurrency exchange has been named as the official marketing partner of the Recording Academy, the organization in charge of the Grammy Awards.

As announced by Recording Academy, Binance will be joined by other prominent companies, including IBM, Mastercard, and OneOf amongst others.

The Binance partnership will come off as the very first of its kind for cryptocurrency exchange with the Recording Academy and the trading platform is billed to bring Web3 technology solutions to the Academy.

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Professional Investors Believe Crypto Will Become Mainstream

A recent survey found that professional investors believe that digital assets will become mainstream in the future.

The London-based crypto hedge fund Nickel Digital Asset Management survey found that more than eight out of 10 respondents in the study of 200 institutional allocators and wealth managers said they anticipate wider use cases of cryptocurrencies.

According to the survey result, half of the professional investors thought that digital assets would play a main role in portfolio diversification in the future.

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Dubai Police Releases Free NFTs to Enhance Authority

As part of a campaign to showcase security, innovation, and communication values, the Dubai Police has rolled out a set of non-fungible tokens (NFTs) comprising 150 free digital assets, according to local media outlet Khaleej Time.

The NFTs will be rolled out for free as long as the public, both inside and outside the nation, participates in the campaign.

As the first government entity in the United Arab Emirates (UAE) to develop its digital assets, the Dubai Police seeks to enhance policing.

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