On Thursday, HSBC and IBM announced the successful test of an advanced token and digital wallet settlement between two central bank digital currencies, or CBDCs, in a cloud environment. The experiment consisted of transactions between CBDCs, eBonds, and forex. IBM’s Hyperledger Fabric and enterprise technology provider R3’s Corda served as the basis of the distributed …
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While blockchain technology has been with us for the best part of the last decade, 2021 is unarguably the year that saw a widespread adoption of some of the use-cases of the technology like its use in crypto, non-fungible tokens (NFT) and even in decentralized finance (DeFi). One of the earliest traditional auction houses, Sotheby, …
Continue reading “Sotheby rakes $100 million profit from NFT auctions”
Senator Elizabeth Warren in her recent submission to the US Senate Banking, Housing, and Urban Affairs Committee has urged regulators to place a lid on the burgeoning DeFi sector by paying more attention to stablecoins. DeFi is the most dangerous space in crypto While describing DeFi, the U.S Senator said decentralized finance is the most …
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Headline Inc, which is a leading Algorand blockchain startup, has successfully built and deployed a customizable embeddable DEX platform. The platform called Algoswap will allow any user/developer who intends to integrate their dApps on Algorand Blockchain, using a short 7 line snippet of code. Algoswap will be compatible with all major web platforms including Joomla, …
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Following the American professional skateboarder Tony Hawk’s first non-fungible token (NFT) sale on the NFT marketplace Autograph, Hawk is commemorating his career with a new series of NFTs called the “Last Trick” collection. The popular skateboarder’s latest digital collectibles showcase his most memorable tricks like the “Frontside Cab,” “Gymnast Plant,” and “Finger Flip” in animated …
sponsored Crypto traders turn to fixed-income instruments like bonds and stocks to diversify their portfolios. The cryptocurrency market is a legitimate source of debt securities that are no less reputable than their equivalents and is a substantial economic force to reckon. With interest rate derivative products, the creditors in the cryptocurrency market, mostly compromised of …
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American professional basketball player for the National Basketball Association (NBA) Kevin Durant, is joining Coinbase according to a recent report from Bloomberg. According to the report, Durant will appear as “a face of the brand” and will help promote the exchange’s advertising content. Kevin Durant Joins Coinbase NBA legend Kevin Durant, otherwise known as “KD,” …
YouHodler is a fintech platform that helps people access the benefits of the crypto economy. It allows users to get instant cash and cryptocurrency loans, exchange crypto, and earn up to 13% APY by depositing crypto in their reward account. Ilya Volkov is the CEO and Founder of YouHodler. He recently joined the Bitcoin.com News …
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Global markets have defied predictions as the U.S. Federal Reserve and several central banks worldwide are prepping to slow down monetary easing policy. On Wednesday, the U.S. central bank’s Federal Open Market Committee (FOMC) said it plans to taper quantitative easing (large monthly asset purchases) and end the program by March 2022. Moreover, the FOMC …
The host of crypto channel Coin Bureau says that he’s identified the top five most undervalued virtual land-based metaverse projects on the market. In a new video, pseudonymous analyst Guy tells his 1.7 million YouTube subscribers that Axie Infinity (AXS), a blockchain-based play-to-earn game where users can collect virtual real estate and creature-like non-fungible tokens …
Sportswear titan Nike is stepping towards the metaverse as it announces the purchase of a non-fungible token (NFT) studio that creates virtual apparel. According to Nike CEO and President John Donahoe, the company’s acquisition of RTFKT Studios allows Nike to broaden its digital footprint and bridge the gap between the worlds of sports, crypto and …
Top US exchange Coinbase is launching support for non-fungible tokens (NFTs) in its browser wallet. The new upgrade, set to roll out in “just a few days,” will enable Coinbase Wallet customers to view NFT collections and access NFT marketplaces from the wallet’s browser extension, according to a recent announcement from the exchange. Coinbase Wallet …
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Widely-followed crypto analyst Michaël van de Poppe is suggesting the bottom is in on three popular crypto assets while telling prospective altcoin investors that the best time to buy might be now. In a tweet to his 532,900 followers, Van de Poppe says that Ethereum’s (ETH) current retest of the $3,600-$3,700 range is a sign that an …
Circle, the company that created the USDC stablecoin, announced a partnership with public charity Endaoment to create a disaster relief fund. The fund will help mid-western American communities impacted by last week’s deadly tornadoes. The two entities hope to raise $1 million in grants to support the American Red Cross and local non-profits. Via Endaoment, …
On Wednesday, the United States Federal Reserve wrapped up its final policy meeting of 2021 by voting to keep interest rates at record lows. In doing so, the Fed set the stage for a series of interest rate hikes beginning in the spring, which will be accompanied by a more accelerated taper of its bond-buying …
Continue reading “Crypto Biz: All I want for Christmas is Bitcoin, Dec. 9–16”
