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“# NFTs are not just for art: As technology matures, more uses will emerge? ” Before the age of smartphones allowed the average person on the street to snap a selfie with their favorite celebrity, autographs and signed memorabilia were highly sought after by collectors. Naturally, the value of these real-world, authentic and rare keepsakes…
“# Rise of the exchange token: From utility coin to long-term investment? ” Native exchange tokens have exploded in value in recent months, alongside the wider cryptocurrency markets, changing the narrative for what these tokens were originally meant for. Bitcoin (BTC), Ether (ETH) and other cryptocurrencies have seen exponential growth over the past six months….
“# Liquidity mining is booming — Will it last, or will it bust? ” By the end of 2018, many crypto skeptics had their “I told you so” moment, as many initial coin offerings, or ICOs, failed to deliver on their promises. Between 2017 and 2018, 3,250 projects were launched via ICO and $21.4 billion…
“#Nation’s first COVID ‘vaccine passport’ coming to New York” The nation’s very first “vaccine passport” is coming to the Big Apple. The program, dubbed the “Excelsior Pass,” is an app that will allow New Yorkers to prove their vaccination status, or recent history of a negative COVID-19 test, in order to gain entry to events…
“# Crypto media runs with the bulls as new entrants compete against established brands ” New opportunities arise during each Bitcoin bull run. The current ebullience has been driven by an influx of institutional investors, along with major payment providers like PayPal and Mastercard. But why are they here to begin with? Much of the…
“#How two friends made art history buying a $70M digital work” It took a few minutes for Vignesh Sundaresan and Anand Venkateswaran to realize that they’d parted with $69.3 million for a digital artwork stored in a JPEG file, coincidentally securing their place in art history. “We weren’t sure we won,” said Venkateswaran, describing the…
“#Is Spotify really listening to artists “Loud & Clear?”” Damon Krukowski, a musician and organizer with the United Musicians and Associated Workers, gave us his response to Spotify’s new initiative. Photo by Spencer Platt/Getty Images Last week, Spotify launched “Loud & Clear,” a website marketed by the streaming platform as an attempt to pull…
“# SushiSwap launches V1 of long-awaited Kashi release ” Decentralized exchange SushiSwap has announced the “rolling release” of Kashi, a specialized lending platform specifically designed for margin trading on the exchange, and BentoBox, a dual-purpose yield vault. Kashi lets traders borrow assets for creating leveraged long and short positions, similarly to other lending platforms like…
“# Bitcoin no longer a fringe asset due to US dollar debasement, says Soros Fund exec ” Soros Fund Management chief information officer Dawn Fitzpatrick said Bitcoin (BTC) may once have been considered a fringe asset, but the inflation of the United States dollar has changed that. Speaking to Bloomberg, Fitzpatrick said her firm —…
“# China’s digital yuan os backup to AliPay and WeChat Pay, says official ” China’s central bank digital currency, or CBDC, will provide backup for major retail payment services like AliPay and WeChat Pay as its key objective, according to an official at the People’s Bank of China. Mu Changchun, head of the People’s Bank…