Musk exploring blockchain use to curb US government spending: report

NFT marketplace Rarible has received an undisclosed investment from CoinFund amid a transition to community governance New York-based crypto investment firm CoinFund has made an undisclosed investment into the digital art-focused non-fungible token (NFT) marketplace, Rarible.According to a September 8 announcement from Rarible, funds from the pre-seed round will be used to develop a “community-governed”…

Bitcoin traders are eyeing $68,000 if it can stay above $64,000, a level it has struggled to hold above for 20 days.

Gemini is accused of providing BlockFi with custodial services and misleading information to help BlockFi market its alleged unregistered securities. 414 Total views 11 Total shares Own this piece of history Collect this article as an NFTAn investor with nearly $2 million worth of funds frozen in bankrupt cryptocurrency lender BlockFi has filed a class…

Italian central banker Ignazio Visco talked about fostering or discouraging crypto assets during a lengthy speech to the Italian financial markets association. 251 Total views 1 Total shares Own this piece of history Collect this article as an NFTThe Bank of Italy is looking for new ways to apply distributed ledger technology (DLT) and is…

Coinbase stock rebounded during the early U.S. trading hours on Aug.11 after it beat Wall Street forecasts for sales and revenues in the second quarter.The cost to purchase one COIN share surged 4.7% to $282.34 at the New York opening bell. Later, bids for COIN rose to as high as $294 before pulling back to the…

The deputy governor of the Bank of Uganda has warned the public about the limited protections offered them when they invest in unregulated cryptocurrencies.English-language Ugandan daily New Vision reports on June 28 that the bank’s deputy governor — Dr. Louis Kaskende — made his remarks during a Town Hall meeting in the city of Masaka,…

Stablecoin minting and nonfungible tokens (NFTs) have been the latest trending topics in the cryptocurrency market and protocols like Terra (LUNA) have led the discussion on why stablecoins should be backed by assets like Bitcoin and Avalanche (AVAX). One project that appears to be following Terra's lead is Origin Protocol (OGN), a platform focused on NFTs…

Switzerland-headquartered food retail giant Nestlé says it has had to adopt a “start-up mindset” in order to push ahead with its challenging blockchain venture.Insights into the retailer’s blockchain development work were revealed by Nestlé Digital Technology Manager Armin Nehzat in a Sept. 5 interview with TechWire Asia.A long-term journey, not a short-term betLast month, Nestlé…

Asian investment firms are stepping up their Bitcoin accumulation strategies, with Japan’s Metaplanet and Hong Kong’s HK Asia Holdings leading the way. Tokyo-based Metaplanet disclosed on April 24 that it acquired an additional 145 Bitcoin (BTC) for 1.9 billion Japanese yen (around $13.4 million), boosting its total holdings to 5,000 BTC. Metaplanet CEO Simon Gerovich