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Lugano NFT Week: Lugano is becoming a Blockchain & Crypto-Friendly City

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From 15-21 November Lugano Living Lab, the digital innovation laboratory of the City of Lugano, has promoted an unprecedented exhibition that explores the fascinating world of NFT and Crypto Art with an exhibition, events and dedicated workshops.

Lugano is increasingly a Blockchain & Crypto-Friendly City. After the launch at the end of 2020 of the MyLugano app, the LVGA Points citizen payment token and the recent creation of 3Achain, the institutional blockchain promoted by the city, this time it is the turn of the NFTs with a review between art and technology entirely dedicated to the understanding of this emerging and extremely topical phenomenon.

Non-fungible Tokens (NFTs) are a cryptographic system that allows you to provide proof of authenticity and ownership. Applied in the field of digital art, they make it possible to certify the uniqueness and scarcity of a work, which as digital is easily replicable or reproducible, but which is, so to speak, made rare by its registration in the Blockchain. NFT is therefore not the work or even an artistic phenomenon, but the corresponding certification registered on the blockchain.

It is an epochal paradigm shift that opens up new and interesting scenarios for the art market and that among its merits has had that of unleashing enormous creative potential by providing a dimension to artistic languages, expressions and grammars hitherto marginalized by the system of traditional art, thanks to a strong push from below.

The exhibition promoted by Lugano Living Lab, the digital and technological innovation laboratory of the city of Lugano, has been held from 15-21 November at Villa Ciani with exhibitions, events and workshops dedicated to understanding this phenomenon.

On the ground floor of Villa Ciani there will be the exhibition entitled “The Future is Unwritten”, curated by Ivan Quaroni and Linda Tommasi. In this context, a selection of works chosen from the hundreds that make up the collection of the Poseidon Group, one of the largest and most conspicuous in Europe, will be proposed. Among these, patrons will be able to admire the works of internationally renowned artists who have played a key role in the explosion of the phenomenon of Crypto Art such as BeepleXCOPYHackatao and DangiuzFederico ClapisSkygolpeFabio GiampietroRaphael LacosteGiovanni Motta , Andre Chiampo together with two specimens of the famous Cryptopunks from Larva Labs. Alongside this exceptional team, the curators have selected a core of young artists or newcomers in the NFT universe, such as Niro PerroneNicola CareddaGiuseppe VenezianoAdriana Glaviano and Giò Roman, for the quality and originality of their works.

The first floor of Villa Ciani will instead be dedicated to Gaming enthusiasts with an exhibition of digital and collectible works. Visitors will thus be able to discover NFTs developed by Lugano-based companies, including Crypto Heroes, a game based on NFTs and the NFT Gaming protocol by Noku, the online 3D entertainment platform The Nemesis by UNDO Studios, which combines the technology of worlds virtual to gaming and gamification, as well as NFT of products from the world of luxury and jewels, real “passports” of authenticity and ownership, made by Luxochain.io.

It will also be possible to see the NFTs of Axie Infinity, the most famous NFT blockchain game in the world, as well as Cryptogene and Scriblet Clubhouse with Shifty Shepherds designed by Juliet Duplessie developed by Sortium, three projects to which Pangea, a fund specialized in investments in blockchain projects with offices in Lugano participated with investments in seed capital. Finally, for sports enthusiasts it will be possible to admire the NFTs of Topps, a multinational leader in the field of sports collectibles for years.

On the first floor there will also be a station where the digital subjects of the first Crypto Stamp of the Swiss Post (a physical stamp associated with NFT digital representations) developed by the Post and which will be launched on November 25th will be previewed (find out more at address https://crypto-stamp.post.ch/).

Within the exhibition, throughout the week, it will also be possible to participate in the creation of the first NFT citizen of Lugano by taking part in the creation of a collective artistic work. This first “NFT Luganese” will then be created in a limited series and a numbered copy will be sent to all those who have contributed to its creation.

The exhibition has been inaugurated on Wednesday 15 November starting at 17:00 and will be accessible free of charge until 21 November, during the week from 11: 00-18: 30 and during the weekend from 09: 00-18: 30.

As part of the Lugano Living Lab exhibition, it proposes a Talk entitled “The NFT World” in which experts from the business and academic world will explore various application fields of the tool and a workshop “Create your NFT” to allow anyone who wishes to create their first NFT in a few simple steps. For info and reservations visit the website https://my.lugano.ch/it/eventi.

The Mayor of the city of Lugano, Michele Foletti, declares:

“We have always followed the development of new technologies very closely and we have identified blockchain as a topic of great interest for both multinational and local companies, citizens and businesses. We believe that a city must be at the service of citizens and with these initiatives we intend to place Lugano as a top-level player on the international scene, for all applications related to this technology “.

Robert Bregy, Secretary-General of the City of Lugano:

The financial sector has always had a very close link with technology which has strengthened especially in this last period. In particular, since bitcoin and cryptocurrencies have become a concrete reality, we have discovered and learned about the potential of blockchain technology in many different sectors. And, from our privileged vantage point, it seemed right to us to chart the path of innovation in this direction and build a system that can support businesses and citizens, and become a pole of attraction at an international level.

Davide Baldi, CEO of Luxochain – interviewed following the announcement, comments: “we are honored to have contributed to the realization of this initiative, which contributes to the city plan to make Lugano a reference center of blockchain technology on the international scene”.

Blockchain

Open-Source Intelligence (OSINT) Market is expected to reach a revenue of USD 64.9 Bn by 2033, at 25.6% CAGR: Dimension Market Research

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Blockchain

UK to Issue New Crypto, Stablecoin Legislation by July, Minister Says

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The country passed a landmark bill in June 2023, which laid the foundation for stablecoins and other crypto to be treated as regulated financial activities.

  • The U.K. will issue new legislation for stablecoins as well as crypto staking, exchange and custody by June or July this year, Economic Secretary Bim Afolami said.
  • The Conservative-party-led government has said it wants to make the U.K. a global hub for crypto and passed legislation last year to recognize crypto and stablecoins as regulated financial activities in the country.

The U.K. government is set to put forward legislation for stablecoins as well as for crypto staking, exchange and custody by June or July, Economic Secretary Bim Afolami said at the Innovate Finance Global Summit on Monday.
“We are now working at pace to deliver the legislation to put our final proposals for our regime in place,” Afolami said. “Once it goes live, a whole host of crypto asset activities, including operating an exchange, taking custody of customers’ assets and other things, will come within the regulatory perimeter for the first time.”
In 2023, the U.K. passed a landmark financial markets bill that laid the foundation for stablecoins and crypto broadly to be treated as regulated financial activities in the country. Local regulators, the Financial Conduct Authority and the Bank of England, both consulted on what a stablecoin regime would look like last February. The BoE said it would oversee stablecoin providers that were large enough to affect the financial system, while the FCA said it would regulate the wider crypto space.

Afolami teased the coming of secondary stablecoin legislation in February, adding that the government was pushing to get it done within six months.
The U.K.’s Conservative Party-led government has said it wanted to be a crypto hub and has since consulted on its ambitions to regulate crypto. The U.K. is expected to have an election this year, which could see the Conservative party ousted and some crypto plans left in limbo, meaning the party could have a limited time left to execute its plans. The Labour party is the current favorite to win.

Source: coindesk.com

The post UK to Issue New Crypto, Stablecoin Legislation by July, Minister Says appeared first on HIPTHER Alerts.

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A new blockchain project has raised $100 million in funding

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Leading the investment were Brevan Howard Digital and Framework Ventures, which signals confidence in Berachain’s vision and approach.

Notable investors in Berachain include Samsung Next, HashKey Capital, Animoca Ventures and Nomad Capital, highlighting the growing interest in DeFi-focused blockchain projects.

Berachain co-founder Smokey Bera emphasized the importance of the funding round, stating: “We see this fundraising as a great validation of our approach to building a blockchain that is built on feedback from real users and developers, and to deliver value for those groups that actually contribute to the growth of the network,” as reported by Bloomberg.

According to Berachain’s website, the platform offers a certain degree of compatibility with ETH, making it easier to transfer applications and assets. While it may not fully replicate the functionality, performance or security features of Ethereum, Berachain serves as an EVM-compliant first-layer blockchain built on Cosmos-SDK.

This architecture allows Berachain to support similar tools and operations as Ethereum, while introducing additional functionalities optimized for proof of liquidity and typical decentralized use cases such as exchanges and oracles.

The blockchain network will introduce three core assets: the BERA token for on-chain transactions, the BGT token as its governing coin, and HONEY, the protocol’s secured stablecoin, offering a complete ecosystem for decentralized financial applications.

Source: cryptodnes.bg

The post A new blockchain project has raised $100 million in funding appeared first on HIPTHER Alerts.

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