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“# Budweiser uses $120K to purchase ‘fan art’ NFT and Beer.eth domain ” Budweiser, a subsidiary of Anheuser-Busch InBev, appears to have unofficially sanctioned a piece of nonfungible token, or NFT, art after purchasing it for use on its Twitter profile. According to records from the OpenSea marketplace, the beer producer purchased a Budweiser-branded rocketship…
“# Amid Taliban takeover, aspiring crypto miner flees Afghanistan ” An Afghan refugee who had planned to start a crypto mining business has been arrested in Turkey after illegally crossing the border. According to a Reuters report, Muhammad Ali’s goal was to mine Bitcoin (BTC) or Ether (ETH) in Afghanistan before the recent Taliban takeover,…
“# SingularityDAO appoints Chris Poulin as CTO and head of AI ” DeFi portfolio manager SingularityDAO has appointed research scientist Chris Poulin as new chief technology officer and head of artificial intelligence, underscoring the company’s ambitions for AI-driven investment solutions. In his new role, Poulin will be tasked with developing SingularityDAO’s DynaSets, an AI-powered system…
“# Facebook ‘definitely looking’ at NFTs, says exec ” As Facebook now finalizes the development of its proprietary cryptocurrency wallet Novi, the social media giant could soon be supporting nonfungible tokens (NFTs). David Marcus, head of Facebook Financial and co-creator of Facebook-initiated cryptocurrency Diem, said Wednesday that the firm is “definitely looking” at possible ways…
“# NFT innovator HODL Assets acquires blockchain social commerce firm CoinLinked ” HODL Assets, a nonfungible token (NFT) aggregator platform, has announced the acquisition of blockchain-based social network and commerce platform CoinLinked. According to a release issued on Wednesday, Wall Street veteran and CoinLinked founder Jenny Ta will also join the HODL Assets team as…
“# KuCoin encourages greener crypto mining with proof-of-work pool ” Singapore-based crypto exchange KuCoin is launching a mining pool aimed at providing revenue to proof-of-work miners after integrating their rigs. In a Wednesday announcement, the exchange said its KuCoin Pool product would allow miners around the world to contribute to the Bitcoin (BTC) and Bitcoin…
“# Pakistani blockchain marketplace completes record $30M raise ” Pakistani blockchain-powered business-to-business (B2B) marketplace, Bazaar Technologies, has secured $30 million in the country’s largest Series A round to date. Bazaar announced the closure of its latest raise on Aug. 24, revealing that th Silicon Valley-based Defy Partners and Singapore’s Wavemaker Partners had led the funding…
“# Coinbase users angry with customer support after funds disappear from accounts ” Coinbase is under fire for terrible customer service following reports of users accounts being hacked and drained of funds. According to an Aug. 24 investigation by CNBC, thousands of customers across the country have lodged complaints against the company. The outlet stated…
“# Galaxy Digital partners with Alerian to launch eight crypto indexes ” Galaxy Digital Holdings has teamed up with Alerian and S-Network Global indexes to launch eight crypto-focused blockchain indexes. According to an Aug. 24 announcement, the duo have launched two crypto index families named “Alerian Galaxy Global Blockchain Indexes” and the “Alerian Galaxy Global…
“# OnlyFans boss explains how ‘aggressive’ banks forced it to drop adult content ” Tim Stokely, the founder and CEO of OnlyFans has explained how banks had forced it to drop adult content from the subscription-based content platform. OnlyFans is a popular platform connecting online sex workers to subscribers, but the firm recently changed its…