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“# Metaverse opens the gateway for luxury NFTs to become a multi-billion market ” The nonfungible token (NFT) market is hot right now, and the future forecasts that it will only be getting hotter. The creation of the Metaverse opens the gateway for NFT luxury brands to reach $56 billion by 2030. As the production…
“# Blockchain folk hero Nandy Martin hopes to build a better community for Haitians in Miami ” Haiti, a Western Caribbean country torn by a tragic past, natural disasters, poor leadership, and ineffective foreign aid, is not a country that comes to people’s minds when they think of blockchain adoption. For years, Haiti has been…
“# Former SushiSwap CTO writes short reflection about leadership failures at blockchain DEX ” On Friday, Joseph Delong, former chief technology officer of decentralized exchange, or DEX, SushiSwap, published a brief reflection of experiences during his tenure. Delong unilaterally resigned two days prior, citing internal structural chaos among developers behind the popular DEX. In explaining…
“# Assembly announces $100M capital raise, receives praise from IOTA co-founder Dominik Schiener ” On Friday, Assembly, a decentralized layer one smart contract network built within the IOTA ecosystem, announced it had raised $100 million from private investors, including LD Capital, HyperChain Capital assembly, and Huobi Ventures. The project stated that the funds will be…
“# Virtue Gaming launches play-to-earn crypto model to bring online poker to US players ” On Friday, Virtue Gaming, a decentralized online poker platform built on the Ethereum (ETH) blockchain, launched the first play-to-earn digital poker casino in the United States. In the U.S., only six states (Nevada, Delaware, New Jersey, Pennsylvania, West Virginia, and…
“# Binance reportedly in talks to launch crypto exchange in Indonesia ” Binance, the world’s largest crypto exchange by trading volume, is reportedly in talks with Indonesia’s richest family, the Hartonos, to open a crypto exchange. As per a report published in Bloomberg, Binance Holdings Ltd. is looking to finalize a crypto venture with billionaire…
“# Gamer-hate: Ubisoft’s new NFT project vid gets 96% dislike ratio ” French gaming giant Ubisoft Entertainment SA’s new nonfungbile token (NFT) project Quartz is facing strong pushback from the gaming community. Ubisoft unveiled the Beta launch of Quartz via a brief YouTube video on Dec. 8 that has 214,721 views at the time of…
“# WisdomTree amends Bitcoin ETF application, naming US Bank as custodian ” New York-based asset manager WisdomTree has amended its filing for a Bitcoin exchange-traded fund with the Securities and Exchange Commission to name U.S. Bank as its custodian. In a Wednesday filing, WisdomTree listed U.S. Bank National Association as the custodian for shares of…
“# Stacks’ Mitchell Cuevas talks building integrated DeFi bridges for Bitcoin users ” The Stacks ecosystem is a collection of independent entities, developers and community members working to build a user-owned internet on the Bitcoin (BTC) blockchain. Stacks’ STX cryptocurrency was distributed to the general public through the first-ever Securities and Exchange Commission-qualified token offering…
“# Crypto Biz: Smart money ignores BTC price correction as $800M set to flow into blockchain startups, Dec. 9 ” Bitcoin’s (BTC) return to sub-$50,000 levels has many market participants fretting over the legitimacy of their favorite price models. For venture capitalists and other smart money investors, the latest decline is nothing but noise. Instead,…