Crypto shows how powerful tokenizing private stocks would be — Robinhood CEO

When a Lamborghini owner didn’t have cash on them to pay for their repair job, they used Bitcoin to pay Kansas City welder JayFab. 270 Total views 22 Total shares The Bitcoin meme “Wen Lambo” might be making a comeback. For JayFab, a Redditor who owns and operates a welding and fabrication company, it’s certainly…

Zhao Dong was taken in custody by the police with no official statement as to his detention. 1507 Total views 19 Total shares Reports circulating in Chinese media allege that Zhao Dong, head of the over-the-counter (OTC) crypto lending platform RenrenBit, has been detained by local police.The validity of these reports is not known at…

South Korean automobile manufacturer Hyundai announced today, April 18th, that it has partnered with the Meta Kongz NFT project to create a limited collection of 30 NFTs launching sometime in May 2022.Hyundai also created a new Twitter handle @Hyundai_NFT for its NFT-related communications and posted a video showing an animated Meta Kong riding through space…

Decentralized exchanges have indelibly changed the way that cryptocurrencies are traded. But in the grand scheme of things, the technology that’s driving these platforms is relatively young… meaning it’s inevitable that teething problems have emerged.Some of the heavy hitters that dominate the market at present are known as non-orderbook markets. While it’s tantalizing and somewhat…

Visa got itself a fancy new Twitter avatar this August, and even though it didn’t stay up for long, the 8-bit-styled picture of a visibly unamused woman with a stylish mohawk still made dozens of headlines. It was not just about the relatively hefty price tag of $150,000. The mere fact that the financial giant…

Traditional financial institutions take deposits from customers and use them to make loans. But they loan out much more than what they have in store at a given point in time — a concept known as fractional banking. On one hand, the difference between the interest on the loans and the interest paid to depositors…

The crypto market has been in decline over the past six months with its valuation dropping from over $3 trillion in November 2021 to $1.23 trillion in May 2022.Fears over persistently higher inflation, the Federal Reserve's hawkish response to it, and the ongoing conflict between Ukraine and Russia prompted investors to limit their exposure to…

37xDubai founder Danilo Carlucci said the gallery uses NFTs based on the Tree of Life art display as its membership token. 42 Total views 1 Total shares The 37xDubai art gallery, which will be opened to the public later in October, aims to educate artists and art aficionados on nonfungible tokens (NFTs) and the broader

Looks like its latest raise brings Epic Games' valuation to $31.5 billion. 1043 Total views 31 Total shares Epic Games, the video game publisher behind the popular PC and console game Fortnite, announced a $2 billion funding round with plans to accelerate the company’s vision to make its mark in the Metaverse. The deal, which is…