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“# Beyond the hype: NFTs’ actual value is still to be determined ” It’s 2021. Super Bowl champion Tom Brady is starting an NFT company, Christie’s is explaining CryptoPunks to everyone, Saturday Night Live is creating jams about NFTs, Beeple and Mark Cuban are advocating NFTs’ use case — yet, here I am, the CEO…
“# Cointelegraph Consulting: Report pictures a crypto-consumer portrait ” Bitcoin’s status as legal tender in El Salvador has recently sparked a new round of discussion concernin Bitcoin (BTC) and its role in the world economy. Despite ambiguous reactions from institutions such as JPMorgan and the World Bank, some feel that Bitcoin’s status as a means…
“# Over 3,000 ATMs in Beijing can now convert digital yuan into cash ” China continues apace with the adoption of its central bank digital currency (CBDC) as major banks launch a significant batch of digital yuan-powered ATMs. The digital yuan — a CBDC controlled by The People’s Bank of China — is now available…
“# Shanghai Man: Economist says El Salvador ‘on road to death’, salaries paid in e-CNY … ” Our Man in Shanghai has refused to let recent regulations slow down the news coming from China. Enterprise blockchain, central bank digital currencies and start up projects continue to make a positive impact in a region hoping to…
“# US Republican Party’s election arm to accept cryptocurrency donations ” The United States’ National Republican Congressional Committee — the body responsible for coordinating Republican electoral efforts — is introducing donations in cryptocurrencies like Bitcoin (BTC). The NRCC announced Wednesday on Twitter that the committee will begin accepting crypto donations for election campaigns, sending its…
“# South Korean crypto exchanges banned from handling coins they issued themselves ” The increased regulatory scrutiny that befell South Korea’s cryptocurrency space in recent times appears to have extended to include exchange tokens. Exchange tokens are tokens issued by a cryptocurrency exchange that usually offer some benefit to the holder, either through reduced trading…
“# Digital euro could drain 8% of bank deposits, Morgan Stanley says ” Analysts at thAmerican multinational investment bank Morgan Stanley have estimated the likely changes in eurozone banks’ deposits should a digital euro be widely adopted. According to the analysts, a European Union central bank digital currency (CBDC) could suck up 8% of customer…
“# New DAO launches after $230M funding round including Peter Thiel, Alan Howard ” BitDAO, a new decentralized autonomous organization, is launching after a $230 million funding round led by billionaire venture capitalist Peter Thiel. BitDAO announced its DAO launch on Tuesday in conjunction with completing a private sale from initial partners led by Thiel,…
“# Crypto fan tokens a mixed bag for game-deprived soccer fans ” Soccer fan tokens emerged as an offshoot of the tokenization craze in cryptocurrency sometime around 2019. Essentially acting as tokenized shares of influence, fan tokens give supporters of sports organizations the chance to take part in club polls, win unique prizes, and gain…
“# Tiger King star and convicted animal abuser to launch NFT from prison ” The nonfungible token industry isn’t over yet as “The Tiger King” star Joe Exotic is set to launch his own NFT drop from prison with some external assistance. New York-founded cryptocurrency club More announced Tuesday its foray into the celebrity NFT…