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“# Supercar maker Mazzanti Automobili launches security token offering ” Italian luxury car manufacturer Mazzanti Automobili has launched its security token offering on regulated digital marketplace STOKR. As part of the offering, Mazzanti aims to raise 999,999 euros ($1.2 million) on STOKR to develop a special edition of its hypercar model Evantra Millecavalli R. According…
“# Former MLB star sells $1M worth of NFTs in one minute ” Micah Johnson, a former MLB player-turned artist, sold a whopping $1 million worth of tokenized art in just one minute on the Winklevoss-owned NFT marketplace Nifty Gateway. The auction, which launched on Feb. 21 and lasted for 28 hours, generated $2 million…
“# Meme pioneer launches NFT lolcats on OpenSea ” The original “I Can Has Cheezburger?” meme has become the latest symbol of popular culture to be immortalized as an NFT. The meme’s creator, Eric Nakagawa, announced his foray into a series of lolcat NFTs on Feb. 23. “Happy Cat” — the crown jewel of Nakgawa’s…
“# India’s largest crypto exchange adopts decentralized Unstoppable Domains ” India’s largest cryptocurrency exchange, Unocoin, has adopted the blockchain-based Unstoppable Domains, which simplifies crypto transactions by turning blockchain addresses into human-readable web URLs. Announced on Wednesday, the partnership between Unocoin and Unstoppable Domains — both funded by Silicon Valley investor Tim Draper — is expected…
“# Cross-chain bridges and DeFi integration are pushing these 3 altcoins higher ” The cryptocurrency market is showing signs of progress following a multiday sell-off that saw the total market capitalization drop by more than $400 billion as Bitcoin’s (BTC) price briefly fell below $46,000. While the majority of altcoins have entered a consolidation phase…
“# ETH mining still highly profitable despite upcoming Eth2 upgrade ” Ethereum miners continue to enjoy lucrative payouts for their efforts in 2021, while the smart contract blockchain platform edges closer to a move away from its proof-of-work consensus. The past few months have been phenomenal for much of the cryptocurrency space, as the likes…
“# Tokenization of assets is not taking off, but it really should ” For years, experts have been talking about how tokenization — the act of creating a digital representation of an asset on a distributed ledger — of a financial or real asset can unlock trillions in illiquid assets, giving retail investors access to…
“# Alameda Research doubles down on Maps.me, invests $40 million in Oxygen ” How much are 140 million users worth? After a $50 million direct investment in travel app Maps.me earlier in the year, Alameda Research has announced today a $40 million investment in decentralized finance protocol Oxygen, a Solana-based lending platform that will plug…
“# Hedera makes inroads in Africa as Standard Bank Group becomes node operator ” Standard Bank Group — Africa’s largest bank by assets — has partnered with enterprise-grade distributed ledger technology project Hedera Hashgraph. According to a joint announcement, the African banking giant now joins other major corporations like Google, LG, and IBM as a…
“# Solana (SOL), Cosmos (ATOM) buck the trend to hit new highs after protocol upgrades ” Bitcoin’s (BTC) sharp correction below $45,000 sent shockwaves throughout the entire market for a second day and many altcoins are fighting to hold the gains they’ve accrued since the start of the year. Two exceptions to the current downturn…