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“# We haven’t even begun to tap into the potential of NFTs ” Earlier this summer, CNN and The New York Times each warned that the nonfungible token (NFT) bubble, fueled by buzz over eye-popping valuations for digital art and interest from collectors, might already be bursting. As the sixth employee at a social media…
“# NFTs for freedom: Nonfungible tokens and the right to self-determination ” It seems that everyone — from corporate behemoths like Visa and Anheuser-Busch to socialite Paris Hilton and NBA legends Michael Jordan and Kevin Durant — has recognized the growing importance of nonfungible tokens (NFTs) for the 21st-century economy. World-renowned artists, athletes and musicians…
“# Would you like fries with that? Fast-food chains are serving up NFTs ” The past few months have seen an explosive uptake of nonfungible tokens (NFT) as crypto artists, gaming enthusiasts, musicians, celebrities and now fast food chains deploy the technology in various ways. Fast food giants such as McDonald’s, Burger King and Taco…
“# NFT studio Mojito completes $20M seed round with help from Sotheby’s ” NFT development studio Mojito announced Friday that they have raised $20M in seed funding from a number of investors, including internationally known auction house Sotheby’s. According to an announcement published in Forbes, Sotheby’s auction house in partnership with Future Perfect Ventures, Creative…
“# Ark Invest founder Cathie Wood passed on buying the first Bitcoin Futures ETF ” Ark Invest founder and CEO Cathie Wood did not invest in the ProShares Bitcoin Strategy Exchange Traded Fund, or ETF, on opening day, according to Business Insider. Wood said about the ETF’s debut: “No, we did not [invest]. We’re looking…
“#Will we use drones as flying taxicabs? Canadians weigh in.” The future of drones in Canada, according to surveys Ottawa, we have a problem Given a rising trend of “drone incidents” since 2014, Transport Canada commissioned a poll on drone use (cost: $61,167.78). It found that 13 per cent of Canadians use drones either for…
“# Galaxy Interactive raises another $325M fund aimed at Metaverse and next gen games ” Galaxy Interactive, a venture capital firm focused on next generation interactive technolo, has announced it has raised $325 million for its second fund from 70 different investors. The fund is focused on virtual and augmented reality, artificial intelligence, and blockchain-based…
“# SEC Chair Gary Gensler responds to concerns about first Bitcoin-linked ETF ” SEC Chair Gary Gensler and Proshares CEO Simeon Hyman discussed the launch of the first Bitcoin-linked ETF in a CNBC breaking news segment on Tuesday. Proshares Bitcoin Strategy ETF, also known as BITO, is based on CME Bitcoin futures contracts. CNBC commentator…
“# Billionaire investor Carl Icahn thinks Bitcoin may be the best hedge for inflation ” Billionaire investor Carl Icahn warned Tuesday that the next market crisis may be on the horizon, and Bitcoin could be the best hedge against inflation. With the United States government continuing to stimulate the economy, Icahn stated that he fears…
“#Brain-zapping helmet could ‘cure’ dementia in major breakthrough” Zapping the brain with infrared light could boost dementia patients’ memory and muscle control, a study claims. Durham University scientists found using a specially equipped helmet to beam invisible waves of light into healthy brains improved people’s memories and thought processing. They said it could pave the…