Marvel fans blast the use of Stan Lee’s Twitter to promote Chakra The Invincible NFTs

Tuesday this week saw a tweet from the official Stan Lee Twitter promoting a new collection of Chakra The Invincible NFTs. “From championing diversity to embracing new tech, Stan was 1 step ahead of the curve. To honor his innovative spirit, Stan’s 1st Indian hero, Chakra The Invincible, debuts in his own NFT (digital art) …

Kraken to join list of exchanges launching a NFT marketplace

In recent times, centralized exchanges are stepping up efforts into breaking into the NFT space with a number of new initiatives. So far, top crypto exchanges like Binance, Coinbase, and FTX have released different variations of adoption of the nascent niche in the crypto space. The latest amongst these top exchanges to indicate interest in …

Adidas Reveals the Originals NFT Collection With Punks Comics, Gmoney, Bored Apes

On Thursday, the German multinational corporation Adidas announced the launch of the company’s first Adidas Originals NFT collection. The Adidas Originals NFT drop is in partnership with the Bored Ape Yacht Club (BAYC), the cryptocurrency investor Gmoney, and the comic series Punks Comics. Adidas Reveals ‘Into the Metaverse’ Originals NFT Collection Adidas continues to embark …

Lending Platform Ledn Launching Bitcoin-Backed Mortgage Product, Raises $70 Million

Global digital asset savings and credit platform Ledn has announced the upcoming launch of a bitcoin-backed mortgage product, calling it “the first product of its kind to hit the market.” The company has also raised $70 million, which brings its valuation to $540 million. Bitcoin-Backed Mortgage — ‘The First Product of Its Kind to Hit …

Robinhood Launches Cryptocurrency Gifts Program

Trading platform Robinhood is launching a cryptocurrency gifts program, allowing users to gift several cryptocurrencies, including bitcoin, dogecoin, ether, bitcoin cash, and litecoin. As with crypto trading, gifts are commission free and users can gift as little as $1 in cryptocurrency. Robinhood’s Crypto Gifts Program Robinhood announced Thursday the upcoming launch of Robinhood Crypto’s “Cryptocurrency …

How Coinbase thinks about the Metaverse

By Brian Armstrong, CEO and Cofounder, & Alex Reeve, Identity Product Lead These days, everyone is talking about the Metaverse. Primitive Metaverse platforms are selling virtual land for millions of dollars. Billions more are being invested in Metaverse startups. And Mark Zuckerberg recently renamed his entire company to reflect a focus on building the Metaverse. The …

Former SEC Chairman, Jay Clayton Says He Believes Strongly In Crypto Technology

According to former chairman of the SEC, Jay Clayton, cryptocurrencies serve a variety of functions and are tied to a range of industries, and the SEC should regulate only those industries that are related to them. Clayton Believes In Crypto Technology Jay Clayton, the former chairman of the Securities and Exchange Commission, or SEC, was …

Algorand, Solana, And More Lead List Of Biggest Losing Altcoins

Altcoins like Algorand and Solana have recorded some of the highest losses following the market crash. This has been apparent in the performances of these digital assets in the past week. While the market at large had experienced dips, Algorand, Solana, and Hedera had led the pack for the worst performing coins for last week. …

How Stellar Will Host Ukraine’s CBDC Pilot Test With Tascombank

The Stellar Development Foundation (SDF) has been working with the Ukrainian government on their national Central Bank Digital Currency (CBDC) for a while. The collaboration has started to produce results as the SDF, Bitt, and TASCOMBANK recently deployed a pilot project for the electronic hryvnia on this network. Related Reading | An Introduction To Stellar …

Will NFTs Kill Traditional Art? Famed Collector Cozomo de’ Medici Makes The Case

Digital magazine and gallery Artnet gave Cozomo de’ Medici the keys to the castle. The notorious NFT collector took over their very popular Twitter account to raise hell. Cozomo de’ Medici’s thesis is that “the internet killed the yellow pages. Netflix killed Blockbuster,” and NFTs will replace traditional art. A bold prediction, we know, but …

Data Shows Bitcoin Short-Term Holders Realizing Significant Losses

On-chain data shows that Bitcoin short-term holders have now started to realize significant losses. This could prove to be a bearish signal for the crypto. Bitcoin Short-Term Holders Are Taking Significant Losses As pointed out by an analyst in a CryptoQuant post, the BTC market is now looking at significant losses being realized. This trend …

World’s biggest douchebag releases NFT collection

Around the world, douchebags are getting into NFTs in a big way. Now it’s true that there are thousands and thousands of legitimate artists in the growing non-fungible token space, and that precisely none of them are Paris Hilton. And sure, NFTs are a potentially world-changing phenomenon that were just declared ArtReview’s most powerful entity …

Macro Guru Raoul Pal Doubling Down on Crypto, Launches New Digital Asset Fund To ‘Stay in Trade for Years’

Real Vision CEO and macro guru Raoul Pal is revealing his cryptocurrency investing strategy amidst bearish sentiment in the markets. Pal tells his 828,300 Twitter followers that he has not booked profits by selling any of his crypto assets and instead is adding to his holdings. The macro guru also says he has set up …

Six Crypto Companies Face Crackdown for ‘Irresponsible’ Advertising

The top advertising watchdog in the United Kingdom is cracking down on crypto ads that the agency says appear to be taking advantage of customer naivety. The Advertising Standards Authority (ASA), the UK’s independent advertising regulator, slapped bans on seven crypto-related advertisements on Wednesday in a series of rulings. Six of the bans are directed …

Here’s why Bitcoin traders expect choppy markets for the remainder of 2021

Inflation concerns and a general sense of trepidation about the future of the global economy continue to put a damper on Bitcoin and altcoin prices and currently the Crypto Fear and Greed index is solidly in the ‘fear’ zone where it has been parked since the beginning of December.  Crypto Fear & Greed Index. Source: …

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