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” Signum Digital scores approval to offer security tokens in Hong Kong “ Signum Digital, a joint venture of Coinstreet and Somerley, has announced that it has received an approval-in-principle from the Hong Kong Securities and Futures Commission (SFC) for its security token offering (STO) and subscription platform. Security tokens are a new category of…
” Nifty News: Doodles ‘no longer an NFT project,’ Playboy bares all on NFT earnings and more “ Identity crisis: Cofounder of doodles says it’s not an NFT project One of the co-founders of nonfungible token (NFT) project doodles says it is going to pivot away from being an “NFT project” to becoming a “leading…
” Developed markets lagging behind in digital payments: BlackRock CEO “ The CEO of American investment company BlackRock, Larry Fink, highlighted the potential of digital assets and tokenization for the asset management industry in his annual chairman’s letter to the company. The letter was published on March 15 and addressed various topics of interest to…
” Tokenized mortgages can prevent another housing bubble crisis, says Casper exec “ The 2008 financial crisis was a devastating time for many, as the collapse of the United States real estate market caused ripple effects impacting the employment and livelihoods of millions of people. According to TheStreet, one of the chief causes of the…
” Stargate foundation advises DAO against reissuing STG tokens “ Stargate Foundation has advised its decentralized autonomous organization (DAO) against reissuing Stargate’s native Stargate Finance (STG) token due to concerns raised by FTX liquidators. The liquidators have expressed the belief that such a move would violate the automatic stay and could result in legal repercussions. In March…
” Meta pulling the plug on NFTs across Instagram and Facebook “ Big Tech firm Meta is scrapping its nonfungible token (NFT) feature across its social media platforms Facebook and Instagram just under a year after it launched. Stephane Kasriel, Meta’s head of commerce and financial technologies, tweeted the news on Mar. 13, saying Meta…
” 11 classic memes that have been sold as NFTs “ Nonfungible token (NFT) memes have brought mainstream attention to the world of NFTs and digital art, helping to expand the market and increase its legitimacy. The high prices paid for some NFT memes have demonstrated the value of online culture and the emotional connection…
” What is NFT rarity, and how to calculate it? “ An NFT’s rarity plays a role in its perceived cultural and artistic significance. For example, an nonfungible token (NFT) that is the only one of its kind and possesses significant cultural or historical value may be considered a rare and must-have artifact. But why…
” How and why do stablecoins depeg? “ Stablecoins are a type of cryptocurrency designed to have a stable value relative to a specific asset or a basket of assets, typically a fiat currency such as the U.S. dollar, euro or Japanese yen. Stablecoins are designed to offer a “stable” store of value and medium…
” AAVE DAO votes for ‘rescue plan’ to save lost tokens “ Some AAVE users who accidentally sent tokens to the wrong address may soon be able to recover them, according to the text of a proposal passed by the AAVE decentralized autonomous organization (DAO) on March 10. The proposal, called “Rescue Mission Phase 1…