Spot Ethereum ETFs record longest outflow streak amid drying investments
Spot Ether ETFs in the US face significant outflows, unlike Bitcoin ETFs, which continue to attract investments.
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MicroStrategy buys $2B in Bitcoin, boosts holdings to $23B
MicroStrategy’s latest announcement shows that its Bitcoin holdings have reached 279,420 BTC, worth almost $23 billion. 1134 Total views 1 Total shares While some investors hold back from buying Bitcoin when it reaches new highs, MicroStrategy has doubled down, demonstrating a strong commitment to the cryptocurrency. In a Nov. 11 announcement, the business intelligence firm

Facebook COO Sandberg in Talks to Testify On Libra Before The House
Facebook’s chief operating officer Sheryl Sandberg is in talks with the House Financial Services Committee to testify on Libra, Facebook’s stablecoin.Discussions on market power and LibraAccording to a Bloomberg article from Sept. 26, Facebook is currently trying to get its chief operating officer Sandberg in front of the House Financial Services Committee, perhaps as soon…

Ethereum burning spikes to new high on Yuga Labs’ NFT hype
Otherdeed NFTs top the “burn leaderboard” over the past seven days at roughly 55,816 ETH or 56% of all burns during that period. 295 Total views 3 Total shares The burning rate of Ethereum (ETH) has spiked to new all-time high (ATH) levels following the heavily anticipated sale of tokenized land plots in Yuga Labs’…

Superchief opens first-ever gallery dedicated to NFT art in New York City
Located in Union Square, the location will display NFTs on auction on high-res screens. 1850 Total views 17 Total shares Mainstream adoption of nonfungible tokens doesn’t seem to be slowing down anytime soon as the first-ever art gallery dedicated solely to NFT-backed art has opened in New York City. Superchief, an artist collective that operates galleries…

Co-founders of StoryCo explain how community storytelling can impact franchised IP
On this week’s episode of NFT Steez, co-hosts Alyssa Expósito and Ray Salmond continue their chat with Justin and J.P. Alanis, the co-founders of StoryCo — an open media platform — on the prospect of a community of creators franchising intellectual property (IP) through collaboration and soulbound tokens. Speaking on his experience with musician Tyler the…

Bitcoin Network SegWit Adoption Hits 66% After BitMEX Embraces Upgrade
More Bitcoin (BTC) transactions now use so-called Segregated Witness (“SegWit”) technology than ever before, the latest data shows. According to various resources including SegWit.Space, adoption of the protocol has reached up to 66% of all Bitcoin transactions as of Jan. 4. Two in three BTC payments now SegWitThe volume underwent a significant increase in late 2019, jumping…

Mercedes Parent Firm is Building a Crypto Hardware Wallet for Cars
Daimler, the German multinational corporation behind the Mercedes-Benz brand, partnered with European blockchain interface solutions startup Riddle & Code to provide an open car hardware wallet solution, the startup announced in a press release published on July 22.‘Turn automobiles into future market places’Per the release, car wallets have a wide variety of use cases, such…

Walmart China Subsidiary Teams Up With VeChain to Trace Food Products
VeChain has partnered with a Walmart China subsidiary to increase supply chain transparency for its food products. 905 Total views 61 Total shares Sam’s Club, a China-based subsidiary of Walmart, has partnered with blockchain-based supply chain management platform VeChain (VET) to trace food products sold by the shopping chain.PricewaterhouseCoopers (PwC) will assist in the Sam’s…