MoonPay and Christie’s dip into AI-generated art with new ‘Web3 Tools’
More bridges between Web3 and generative AI are being built as the luxury art auctioneer Christie’s and MoonPay unveil a new art experience at the eighth Art + Tech Summit in a unique gamified event.
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Ledger hardware wallet rolls out cloud-based private key recovery tool
Ledger emphasized that the ID checks required for its private key recovery tool are not like KYC checks as they require “much less” information. 146 Total views 2 Total shares Hardware wallet firm Ledger is rolling out its cloud-based private key recovery solution despite facing significant criticism from the crypto community.Ledger Recover, an ID-based private

Stablecoins and Ether are ‘going to be commodities,’ reaffirms CFTC chair
In the tug-of-war between the US regulators over control of crypto assets, the CFTC chair has triple-downed his stance — that Ether and stablecoins are commodities. 1303 Total views 10 Total shares Own this piece of history Collect this article as an NFTStablecoins and Ether (ETH) are commodities and should come under the purview of…

Crypto Markets Trade Sideways, Major Stock Indexes Close With Minor Gains
Thursday, June 13 — Top cryptocurrencies bitcoin (BTC), ether (ETH), and ripple (XRP) are all still in the green, seeing minor gains since yesterday. The market as a whole is mostly trading sideways.Market visualization. Source: Coin360Bitcoin broke $8,300 today, after trading below $8,000 for part of June 12. At press time, BTC is trading at…

Barclays Analyst Predicts Billions in Additional Revenue From ‘Facebook Coin’ by 2021
Facebook’s own cryptocurrency, if launched, could potentially generate $19 billion in additional revenue by 2021, CNBC reports on March 11.Barclays internet analyst Ross Sandler wrote in a client note that a cryptocurrency could establish a new revenue stream for Facebook, aiding its share price that tanked amid a series of high-profile scandals last year.In his…

Amid inflation woes, Turkey announces CBDC tests planned for 2021
While the announcement came as a surprise to some, a digital Lira has been in the works since 2019 1567 Total views 12 Total shares As the country struggles with soaring consumer prices and an inflation rate in the double digits, in an announcement to members of Turkey’s Parliament central bank governor Naci Agbal revealed…

FPT Corporation and SBI Holdings Invest $3 Million in Vietnamese Blockchain Project
Technology company FPT Corporation and financial services firm SBI Holdings Inc have jointly invested $3 million in Vietnamese blockchain startup Utop, local English language daily news outlet Viet Nam News reported on April 19.FPT Corporation and SBI Holdings Inc have reportedly signed a memorandum of understanding (MoU) to invest $3 million in joint venture Utop, a…

Banks vs. exchanges — regulators overwhelmingly penalize fiat, not crypto
Data from a recent report suggest that enforcement actions from U.S. regulators against those in the crypto space cost those firms less than 1% of that in traditional finance for the last 20 years. 622 Total views 12 Total shares While regulators have often targeted projects in and out of the crypto space, the fines…

MakerDAO Up By 30% After Vote For ‘Real-World’ Loan Collateral
MKR is up 30% in 24 hours following the MakerDAO community’s vote in favor of introducing tokenized “real-world” assets as collateral for Dai loans. 526 Total views 13 Total shares The price of MakerDAO (MKR) has rallied by roughly 30% over the past 24 hours, posting a new year-to-date high above $720 on some exchanges. The…