Uncollateralized DeFi mortgage taken out on Austin condo via Teller
An Austin resident is a proud homeowner after securing a loan denominated in USDC stablecoin over the Polygon network by using their credit score. Go to Source Powered by WPeMatico
Month: April 2022
Failure to launch: Australia’s first 3 crypto ETFs all miss launch day
Three cryptocurrency exchange-traded funds (ETFs) scheduled to launch on the Cboe Australia exchange today were delayed due to “checks” still being undertaken. Go to Source Powered by WPeMatico
Mining Report Shows Bitcoin’s Electricity Consumption Decreased by 25% in Q1 2022
At the end of May last year, Tesla’s Elon Musk convinced bitcoin industry leaders to form a Bitcoin Mining Council (BMC) and in mid-July, the BMC launched its public services and website. On April 25, 2022, the organization published a report that discusses the bitcoin mining industry’s improvements in sustainable energy use during the first … Read more
Brazil’s Senate approves ‘Bitcoin law’ to regulate cryptocurrencies
It’s a historic day for cryptocurrencies in Brazil, as the Senate has finally approved the country’s first bill aimed at regulating the crypto market. The bill still needs to be approved in the Chamber of Deputies and then sanctioned by President Jair Bolsonaro. Go to Source Powered by WPeMatico
Kraken Becomes First Global Crypto Exchange Fully Licensed by Abu Dhabi Global Market
Abu Dhabi Global Market has awarded a full financial license to crypto exchange Kraken. “Kraken will be the first global virtual assets exchange group in the UAE to offer investors the ability to invest, trade, withdraw and deposit virtual assets (bitcoin and ether) directly in local AED currency,” the regulator explained. Kraken Establishes Middle East … Read more
Nifty News: OpenSea acquires Gem, and Chess.com makes a move into NFTs
OpenSea’s NFT empire just got bigger with its latest acquisition, while virtual influencer Rae creates an NFT collection to advance girls’ education, and online chess players can now turn memorable matches into NFTs with chess.com. Go to Source Powered by WPeMatico
Quik․com’s Limited NFT Domains Minting is Now Live
Buzzwords like NFTs, Web 3.0, and blockchain domains have infatuated everyone in the tech and crypto of late. The term Web 3.0 is now a part of everyday conversation. However, you won’t seem serious about it until you own an NFT domain. Web 3.0, the internet of tomorrow, is an umbrella term that combines different … Read more
Should You Invest in Meme Coins as Part of Your Inflation-Beating Portfolio?
The global economy is currently in a precarious state. Everywhere you look, asset prices are taking a beating and it’s not a pretty sight to behold at all. The supply chain issues that began in 2021 have already taken a toll on companies and their ability to deliver the right results. Now, we have a … Read more
South Korean Music Sharing Platform Registers NFT Music Theft Prevention Patent
A South Korean music sharing platform, Koong World, recently announced the registration of a non-fungible token (NFT)-based music theft prevention patent. Using this patent, the music sharing platform aims to “solve the problem of copyright protection in the rapidly growing music market.” Tackling the Problem of Copyright Infringement in the Music Industry A South Korean … Read more
The Biggest Myths About Web3 Uncovered
Web3 is the latest buzzword that the internet seems to be hyped about/ everywhere you look, someone is looking to build something that will automatically transport us into the Web3 world where many seem to believe the entire internet’s problem will be solved. Like every trend that has caught on in the internet, there are … Read more
