How do you put the right valuation on digital assets?

M12 adds early-stage Palm NFT Studio to its portfolio with participation from venture firm Griffin Gaming Partners. 1223 Total views 33 Total shares Crypto startup Palm NFT Studio announced a Series B raise of $27 million on Thursday led by Microsoft’s venture fund M12. Palm NFT, cofounded by ConsenSys founder and Ethereum co-founder Joseph Lubin, provides…

The award-willing artists want their new release “This is Fine” to become the first NFT single ever to go platinum, but it’s unclear whether that is even possible. 1820 Total views 7 Total shares Dance music star Deadmau5 and Grammy award-winning indie rock band Portugal The Man (PTM) have teamed up to release one million…

A single transaction today has created more Wrapped Bitcoin on the Ethereum network, than the total amount of BTC locked in the Lightning Network. 3097 Total views 42 Total shares One thousand Wrapped Bitcoin (WBTC) were minted today on the Ethereum network (ETH) —  a single transaction that represents more U.S dollar value than the…

In November, Massachusetts voters will likely have to choose between incumbent Elizabeth Warren and Republican John Deaton or Ian Cain for the US Senate.

“The proposal includes very expansive language, which, together with the chair’s apparent interest in regulating all things crypto, suggests that it could be used to regulate crypto platforms,” said Hester Peirce. 79 Total views 1 Total shares Hester Peirce, a commissioner for the U.S. Securities and Exchange Commission known by many in the space as…

Global securities regulation standard setter, the International Organization of Securities Commissions (IOSCO), has published a consultation paper on regulating crypto asset trading platforms (CTPs). IOSCO publicized the paper in an official news release on May 28.According to the news release, IOSCO’s membership regulates over 95% of the world's securities markets in more than 115 jurisdictions.…

United States-based cryptocurrency exchange ErisX announced that it hired former Wells Fargo executive Kyle Unterseher as a business development executive. The news was reported in a Medium post published by the exchange’s head of marketing on March 5.In December 2018, ErisX raised $27.5 million from Fidelity, Nasdaq Ventures and other investors, with the goal of…

A site enabling consumers to buy Bitcoin using hundreds of different payment methods says demand is thriving despite declining cryptocurrency prices — with Africa being its biggest market.Paxful says the volume of transactions it has processed from the continent has risen by more than 130 percent — and now, an average of 17,351 trades per…

The price of Bitcoin (BTC) is still struggling to break out above $10,000 following three failed attempts over a 36-day period. Traders remain mixed on the short-term price trend of BTC as macro indicators suggest varying trends.Many traders believe the price of Bitcoin is primed for a rally above the multiyear resistance level of $10,500,…