LinksDAO, a decentralized autonomous organization founded by Mike Dudas, has sold out its debut collection of NFTs raising $10.5 million. The funds, according to Dudas, will be used to shake things up in the real world by reimagining the country club. The goal of the DAO is to buy a Top 100-caliber golf course in …
Yearly archives: 2022
Cryptocurrency Draft Law Presented in Peru
A draft of a new cryptocurrency asset law was introduced in Peru in December, seeking to regulate the cryptocurrency interactions that are already happening in the country. The draft law, besides defining what a crypto asset is and establishing the duties of virtual asset service providers (VASPs), also seeks to legalize the use of assets …
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Global Central Bank Gold Holdings Rose to 36,000 Tons in 2021, Increase Attributed to Dollar’s Decline
The total quantity of gold held in reserves by central banks topped 36,000 tons for the first time since 1990, data from World Gold Council has shown. This increase follows growth in the banks’ reported holdings of the asset by 4,500 tons over the past decade. Dollar’s Decline a Boon for Gold The amount of …
Martial Arts Icon and Philosopher Bruce Lee Commemorated in NFT Collection Endorsed by Family Company
While many celebrities have launched non-fungible token (NFT) collections, a number of NFT compilations have featured luminaries who have passed away. Legends such as Jerry Garcia, Kurt Cobain, Muhammad Ali, Elvis, Tupac, and more have been featured in NFT collections. This Saturday, Ethernity and Bruce Lee’s family will be dropping the renowned martial artist’s first …
El Salvador is working on a regulatory framework for Bitcoin bonds
El Salvador remains bullish on Bitcoin. The country’s president, Nayib Bukele, has progressed with plans of issuing Bitcoin bonds. The Salvadoran government is preparing 20 bills to offer a legal framework for the bonds. El Salvador is working on a legal framework for Bitcoin bonds On January 4, the head of the Treasury in El …
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Bitcoin Price Is Down 3% To $46,400, Is This The Bottom? Buy BTC Now
It is a wait and see situation as over 76% Bitcoin supply are now held in illiquid wallets, Glassnode. The market sentiment remains bearish with an extremely fear score on the Fear and Greed Index. BTC remains bullish as it trades above the weekly trendline. Bitcoin (BTC) had one of the least volatile years in …
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Polygon (MATIC), Curve (CRV) and Two Additional Altcoins Primed for 10X Gains This Year, According to Analyst Jason Pizzino
A popular crypto strategist says that four altcoins, including Polygon (MATIC) and Curve (CRV), have the potential to print 10x gains this year while the broader crypto markets trade sideways. In a new strategy session, Jason Pizzino tells his 254,00 YouTube subscribers that blockchain scaling solution Polygon is still in a bull trend despite its …
Kevin O’Leary-backed WonderFi to buy Bitbuy parent company for $162M
Kevin O’Leary-backed decentralized finance (DeFi) platform WonderFi Technologies is increasing its footprint in Canada by buying the first regulated crypto exchange in the country. WonderFi agreed to pay close to 206 million Canadian dollars ($162 million) to acquire First Ledger Corp., the parent company of BitBuy. WonderFi aims to become an end-to-end consumer platform for …
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OpenSea raises $300 million for encrypted digital marketplace
The nonfungible token (NFT) market is gaining momentum as the next frontier in collectibles, gaming and the metaverse. To accelerate this vision, OpenSea announced on Jan. 4 that it has secured $300 million in a Series C funding led by Coatue and Paradigm. OpenSea is a digital market based on the Wyvern Protocol, which is …
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Blockchain and the Metaverse make inroads at Consumer Electronics Show
Blockchain, metaverse and NFT technology are set to make a splash at the Consumer Electronics Show (CES) event in Las Vegas this week. The CES is an annual event that features exhibitions of the latest tech advancements and keynote speeches from giants such as LG, Samsung, Amazon, Nvidia and Sony. Innovation of mobility. Sony’s Vision-S …
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Hemp grower crowdfunds court case, tokenizes shares in settlement
Hemp grower Apothio has raised $330,000 for a lawsuit against Kern County, California via what’s known as an Initial Litigation Offer on the Republic investment platform. Investments are accepted in USD, but proof of investment is issued as digital tokens on the Avalanche (AVAX) blockchain network. It’s the first Initial Litigation Offer (ILO) on the …
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El Salvador prepares 20 bills to provide legal framework for Bitcoin bonds
El Salvador’s government, led by President Nayib Bukele, has moved ahead with plans to issue Bitcoin bonds by preparing 20 bills designed to provide a legal framework for them. Head of the Treasury Alejandra Zelaya told El Salvadoran media El Mundo on Jan. 4 that the bills will cover regulations about issuing securities as cryptocurrency …
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Footprint Analytics: Will the rebranded Anyswap be the next Web 3.0 bridge?
On Dec. 16, Anyswap announced it will rebrand as Multichain, reflecting a change in focus from asset cross-chain solutions to multi-chain asset interaction technology. In short, Anyswap (which will now be called Multichain) hopes to become the ultimate Web 3.0 router. According to the latest data from Footprint Analytics, Multichain’s TVL rose from $1.5 billion …
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China enters 2022 with a first-mover advantage on the CBDC front, releases pilot versions of digital yuan wallet apps for Android, iOS
The People’s Bank of China (POBC) recently released pilot versions of digital yuan wallets for both Android and iOS smartphones, Reuters reported. Meanwhile, researchers from Cornell University and the University in Chicago outlined what all the rush is about, and how will the arrival of digital yuan, also known as e-CNY or DCEP, affect the …
OpenSea is reportedly eyeing a $13 billion valuation
NFT marketplace OpenSea is reportedly in talks for another funding round that would value the company at $13 billion. According to Eric Newcomer, a former Bloomberg journalist and author of the Newcomer newsletter, the deal will be led by Coatue and include participation from Kathryn Haun’s new crypto fund. NFT craze pushes OpenSea past the …
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