The Recording Academy and OneOf, a green nonfungible token (NFT) marketplace backed by legendary record producer Quincy Jones, have announced an exclusive partnership centered around the next three years of Grammy Awards in an unsigned statement on the Grammys website. Details on specific NFT collections will be released in January but will celebrate both the awards …
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Cardano founder Charles Hoskinson calls Hydra “a high commercial priority,” due to an expected rise in the scale of traffic in the coming months. Especially in the near term, as projects in Africa begin to roll out. He added that, at the moment, research is still ongoing with Hydra. But, generally speaking, things are “converging” …
In signs of the continued growth of the crypto industry, Ethereum, the second-largest crypto asset by market cap settled over $500 billion worth of transactions in the third quarter of this year, representing a 389% increase from the same quarter last year. Ethereum stats rises this year According to the report released by Bankless Dao, …
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This past summer the American multinational technology company, Amazon, published two job listings for a blockchain lead and a digital currency expert. Now Amazon Web Services (AWS) is looking for a principal digital assets specialist that can “help drive adoption across the global digital asset community.” AWS Is Looking for a Principal Digital Assets Specialist …
Following a number of ASIC mining rig acquisitions from the manufacturer Canaan, the bitcoin mining operation Genesis Digital Assets announced on Monday that the firm is developing an industrial-scale bitcoin mining data center in West Texas. According to the announcement, Genesis says that the new facility will have 300 megawatts of capacity with a “low …
Inflation continues to remain hot in the United States as supply constraints and higher oil prices continue, seeing barrels of crude surge above $80 per unit. Meanwhile, data released on Friday indicates that consumer expenditures have risen to 4.4%, the highest run-up of inflation the country has seen in 30 years. Inflation Continues to Rise …
Shark Tank star and billionaire investor Mark Cuban is sharing his perspective on what use cases will push crypto projects to the top of the industry. In an interview with Galaxy Digital CEO Mike Novogratz, Cuban explains how the current state of the crypto market is reminiscent of the internet in 1995. “There was …
The Australian Securities and Investments Commission (ASIC) says that the nation could soon approve exchange-traded products (ETPs) for qualifying cryptocurrencies. A new report by ASIC shows that consumer feedback received after a four-week consultation period was overwhelmingly positive for crypto ETPs. “There was near-unanimous support for ETPs and other investment products that provide exposure …
An international effort from law enforcement targeting darknet narcotic vendors has resulted in more than $31 million worth of cash and crypto being seized from alleged criminals. According to an announcement from the Department Of Justice (DOJ), Operation Dark HunTor, a joint effort between three continents to disrupt darknet opioid traffickers, saw the arrest of …
“Uptober” is over but as Zhu Su tweeted earlier today, the crypto market rally could extend through “Upvember, Upcember” and beyond. The month of October was stellar for Bitcoin (BTC) and Ether (ETH) primarily because each hit new all-time highs and even though the prices are consolidating now, traders are still wildly bullish. Uptober, Upvember, …
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Web Summit 2021, the biggest tech conference in the world, kicked off on Monday in Lisbon, Portugal, and will last until Nov. 4, 2021. In an opening statement, Carlos Moedas, the Mayor of Lisbon, said that “My dream is that Lisbon will be the capital of innovation in the world.” Meanwhile, João Leão, the Minister …
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The rollout of the world’s second central bank digital currency, or CBDC, is off to a rocky start. Last week, Nigeria rolled out its eNaira CBDC after the Bahamas became the first country in the world to launch theirs, known as The Sand Dollar, the year prior. In a statement quoted by local news outlet …
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The President’s Working Group on Financial Markets, or PWG, has released a report suggesting that stablecoin issuers in the United States should be subject to “appropriate federal oversight” akin to that of banks. A Nov. 1 U.S. Treasury report from the group with the Office of the Comptroller of the Currency and Federal Deposit Insurance Corporation …
A closely followed crypto analyst and trader says that Ethereum (ETH) is holding on to a key support level as Bitcoin (BTC) sets up for imminent price discovery. The pseudonymous trader known as Pentoshi tells his 337,000 followers that Bitcoin has crucial support in the $58,000 area. Because BTC maintained that level as the …
November 1, 2021 – Road Town, British Virgin Islands OpenOcean Atlantic – the long-awaited upgrade of OpenOcean – will go live on the Ethereum network today, November 1, 2021. Users will benefit from maximum returns on swap rates that blow other DEX aggregators out of the water. In addition, OpenOcean prides itself on transparency regarding trading fees …
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