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“# Crypto-focused software firm Lukka raises $53M in funding round ” Just a few weeks before the filing deadline for U.S. taxpayers, cryptocurrency accounting and data company Lukka said it had raised an additional $53 million in a new funding round. In an announcement today, Lukka said it had completed a $53 million Series D…
“# Russia’s Hermitage museum to host NFT art exhibition ” Russia’s State Hermitage Museum, the second-largest art museum in the world, is preparing to host a digital art exhibition involving non-fungible tokens. Scheduled to take place in 2021, the Hermitage’s NFT project will be Russia’s first exhibition in the field of NFT art, the museum…
“# Nifty News: Sophia the Robot sells $1M worth, Cardano to clone NFT platforms, and more ” If creative self-doubt and competition between humans in the art world weren’t already hard enough, artists now face the prospect of battling it out on Nifty Gateway with artistic robots. Sophia, the world-famous humanoid robot developed by Hong…
“# Australian government offers $6M in grants to innovative blockchain teams ” The Australian government has opened applications for grants up to $3 million each in funding to blockchain projects targeting supply chain tracking in the minerals industry and tax tracking in the food and beverage sector. Applications are open until April 29, with any…
“# Bitcoiners love dogs, gold bugs prefer cats — Important new research ” New research from US crypto exchange Xcoins suggests gold investors are pretty evenly split between men and women, but men dominate the ranks of crypto investors by a significant margin. The data also revealed that “gold investors are more likely to own…
“# Could LEGO be hopping on the NFT train? ” The LEGO Group, a toy manufacturer best known for its popular interlocking plastic bricks, hinted it may be getting into the latest craze in the crypto space. On Wednesday, the official LEGO Twitter account posted (and then quickly deleted) a message referencing non-fungible tokens, or…
“# 3 reasons why StormX (STMX) price has rallied 2,800% in 2021 ” Cashback rewards for purchases have long been a popular tactic used by banks and credit card companies to entice consumers to use their services. Several cryptocurrency companies like BlockFi and Coinbase have revealed future plans to offer cryptocurrency-backed debit and credit cards…
“# The NFT of record: New York Times raises $500,000 for charity in NFT column sale ” “It’s worth a try,” wrote New York Times columnist Kevin Roose of his attempt to auction one of his articles as a non-fungible token (NFT). Just a day later, however, it appears to be worth much more than that….
“# Bank of America report extols the virtues of HODLing ” When it comes to investing in the financial markets, panic selling often leads to missed opportunities – and waiting for the dip could rob you of the most lucrative days to hold a particular asset. Those are the general takeaways of a comprehensive study…
“# Bitcoin price falls to $50K, but $6B options expiry can refuel bulls ” The biggest-ever Bitcoin options expiry is due on March 26. Over $6 billion worth of Bitcoin (BTC) options will expire across exchanges on Friday, with a majority of these options being on Deribit. This will be a record expiry in terms…