Genius Group kicks off Bitcoin treasury play with $10M in BTC
Genius Group has plans for a podcast to help other firms considering Bitcoin as a treasury reserve asset after they found there was no clear blueprint for the process.
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OpenSea once again delists CryptoPunks v1 as legal battle heats up
Many users bought Punks' NFTs on the basis that there were only going to be 10,000 of them, not potentially 20,000. 134 Total views 1 Total shares Late Monday, popular nonfungible tokens, or NFTs, platform OpenSea once again delisted the CryptoPunks v1 collection, which spiraled into existence along with the iconic CryptoPunks v2 collection due…
MicroStrategy purchases $414.4 million worth of Bitcoin, with total BTC balance eclipsing $3.5 billion
The business data analytics firm has been investing in BTC since August 2020. 2735 Total views 9 Total shares Michael Saylor, CEO of enterprise data analytics company MicroStrategy, announced Monday via a Twitter post and company filing that the firm purchased an additional 7,002 Bitcoin (BTC), worth approximately $414.4 million, at an average price of $59,187…
Nifty News: FLUF World and Snoop Dogg fundraise, Adidas and Prada NFTs, WAX gifts 10M NFTs
There was so much Nifty News this week that a second round-up was necessary to catch up on the latest nonfungible token (NFT)-related news.FLUF World and Snoop Dog partner for charity FLUF World, Beyond VR studio and Snoop Dogg teamed up to raised over $1 million via a one-day charity NFT auction on behalf of the…
Standard Chartered begins UAE crypto custody services with BTC, ETH
Standard Chartered was approved by the Dubai Financial Services Authority to offer crypto custody solutions in the UAE.
Crypto Biz: Bidding war for SVB Capital, new crypto funds and Citi’s private blockchain
The venture capital industry appears to be gearing up for portfolio rebalancing in 2024, with investors positioning themselves to increase exposure to digital assets in the next bull market. Blockchain Capital, for instance, closed two new funds this week, with $580 million in capital to be deployed in crypto gaming and decentralized finance projects. Likewise, SkyBridge
Hedera makes inroads in Africa as Standard Bank Group becomes node operator
Standard Bank Group has become the first African node operator on the Hedera network. 3472 Total views 14 Total shares Standard Bank Group — Africa’s largest bank by assets — has partnered with enterprise-grade distributed ledger technology project Hedera Hashgraph.According to a joint announcement, the African banking giant now joins other major corporations like Google,…
Japan’s Retail Giant Rakuten Officially Launches Crypto Exchange
Japanese cryptocurrency exchange Rakuten Wallet has launched trading a year after acquiring Everybody’s Bitcoin.Three trading pairs go liveConfirmed in a press release on Aug. 19, Rakuten Wallet, which is a subsidiary of Japanese e-commerce giant Rakuten, said spot trading of three cryptocurrencies — Bitcoin (BTC), Ethereum (ETH) and Bitcoin Cash (BCH) — was now live. In…
The secret to successful branding in Web3: The science of choosing
Human nature means it’s not easy to make decisions. Choosing one option often means forsaking others and can require careful analysis and thought, which takes energy. It’s why the term “decision fatigue” was coined, referring to our inability to continue making good decisions over a sustained period. However, in crypto marketing, the inability to choose…