Going to pieces: Fractionalized NFT projects gather steam
Two new projects aim to bring NFTs to the masses by breaking them apart. Go to Source Powered by WPeMatico
Month: March 2021
World’s Fourth Oldest Auction House Sotheby’s Joins the NFT Ecosystem With a Mysterious Artist
Following the $69 million non-fungible token (NFT) digital art auction at the world-famous auction house Christie’s, the British-founded American multinational corporation Sotheby’s is joining the NFT hype. Sotheby’s is partnering with a popular digital artist dubbed “Pak” for the NFT sale as the brokerage house believes it is important to work with established NFT artists. … Read more
Irish crypto firms will impose Anti Money Laundering ID checks from April
Irish companies operating with crypto, and the firms servicing them, will have to adhere to AML and CFT for the first time starting next month. Go to Source Powered by WPeMatico
Thailand’s central bank warns against ‘illegal’ THT stablecoin
The Baht-pegged stablecoin produced by Terra has come under fire from Thai bankers. Go to Source Powered by WPeMatico
Asia’s MicroStrategy: Meitu drops another $50M on ETH and BTC
Chinese tech company Meitu has dropped another $50 million on ETh and BTC, taking its total holdings up to $90 million. Go to Source Powered by WPeMatico
Texas Issues Orders to Stop ‘Binance Assets’ and 2 Other Fraudulent Crypto Investment Platforms
The Texas securities commissioner has entered emergency cease and desist orders to stop three cryptocurrency investment platforms from duping investors in the state. One scheme operates under the name “Binance Assets.” The regulator has found that all three platforms are fraudulent. Texas Seeks to Stop 3 Crypto Platforms Operating in the State Texas Securities Commissioner … Read more
Bank of America analyst slams Bitcoin : Buying 1 BTC is ‘like owning 60 cars’
It looks like 2017 called and wants its Bitcoin condemnation back, with a Bank of America analyst reheating some long standing criticisms of BTC for its clients. Go to Source Powered by WPeMatico
Volatility derivatives project Volmex Finance attracts backing from VC giants
Volatility derivatives are coming to DeFi with backing from several VC giants. Go to Source Powered by WPeMatico
Visa Anticipates Cryptocurrency Becoming ‘Extremely Mainstream’ — Working to Allow Bitcoin Use at 70 Million Stores
Visa CEO Al Kelly anticipates that cryptocurrency could become “extremely mainstream” within five years. He is working to position Visa in the middle of it should cryptocurrency take off. He further confirmed that Visa is working to allow bitcoin purchases, in addition to enabling the cryptocurrency to be used at 70 million stores where Visa … Read more
Everipedia (IQ) rallies 400% after an NFT collaboration with the Associated Press
Everipedia price spiked to its highest level in years following the project’s pivot toward NFT art. Go to Source Powered by WPeMatico