Solana memecoin hits a whopping $328T market cap — but for all the wrong reasons
Crypto users have continued to send funds to the apparent honeypot scam, even with many warnings they won’t be able to transfer any of it.
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Invesco Ether ETF sets fees at 0.25% as competition among issuers heats up
The proliferation of proposed spot Ethereum ETFs could benefit spot investors as fund sponsors compete on management fees.
Playboy to launch in The Sandbox metaverse: Nifty Newsletter, July 6–12
In this week’s newsletter, read about Playboy’s upcoming virtual mansion in The Sandbox (SAND). Check out how a startup is offering lifetime Netflix and Spotify access through nonfungible tokens (NFTs) and how NFTs can bridge gaming and blockchain. Additionally, learn how game company GameStop launched its own NFT marketplace. And, don’t forget about this week’s Nifty…
Biden’s new AI chip export restrictions spark industry backlash
Microchip giant Nvidia’s vice president of government affairs says the new framework will hurt America’s global competitiveness and undermine innovation.
US election another ‘buy the rumor, buy the news’ event for BTC: Pantera
The Wall Street adage of “buy the rumor, sell the news” didn’t apply to the launch of US spot Bitcoin ETFs last year and it won’t apply to President Trump’s inauguration next week.
Tether Launches Gold-Backed Stablecoin and Begins Trading on Bitfinex
Tether is now supporting a gold-backed stablecoin, Tether Gold (XAU₮), according to a Jan. 23 press release. One token represents ownership of one troy fine ounce of physical gold, currently worth approximately $1,550.The new product is available as an ERC-20 token on the Ethereum blockchain, as well as a TRC20 token on Tron (TRX).The funds…
Coinbase still a buy for Cathie Wood: ARK buys its biggest batch of COIN in 2023
Amid the crypto market facing another wave of panic, Cathie Wood’s ARKK keeps bagging record amounts of Coinbase stock this year. 471 Total views 13 Total shares Own this piece of history Collect this article as an NFTAmid Coinbase (COIN) stock tumbling about 8% on Thursday, Cathie Wood’s investment manager ARK Invest has bought the…
Tencent Taps DAML Smart Contract Language for Chinese State Blockchain Network
Tencent’s digital bank WeBank is integrating the DAML smart contract language for the chain that will undergird China’s national Blockchain-Based Service Network. 1427 Total views 37 Total shares Tencent’s digital bank WeBank is exploring the integration of the DAML smart contract language for its consortium blockchain FISCO BCOS — the chain that will undergird China’s…
Overstock’s tZERO to Launch Broker Dealer in US by Q2
Overstock’s blockchain arm tZERO aims to launch a broker dealer service in the United States by the second quarter of 2020. 1328 Total views 34 Total shares Overstock’s blockchain arm tZERO aims to launch its broker dealer service in the United States by Q2 2020.According to an April 30 Forbes article, tZERO Chief Executive Officer…