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Why Domain Name Investors Are Buying Up NFTs
There's a reason domain name investors are flocking to NFTs. And one industry veteran says it's still early days for unlocking NFT investment value.
Andrew Miller is CEO of ATM Holdings, and has invested in and advised some of the highest-value domain name transactions on record, including recent deals for Home.com, Candy.com, and Universal.com. He founded CreditCards.com and InsuranceQuotes.com, both successful exits. He started investing in NFTs in 2021 and acquired his first Bored Ape in August. Read More
Australia and Singapore successfully trial cross-border trade project
The Australian Border Force (ABF) has completed a trial testing the interoperability of its blockchain-based verification system with its Singaporean counterpart.
Working alongside Singapore Customs and the Infocomm Media Development Authority of Singapore (IMDA), the ABF has concluded a trial that proves trade documents can be digitally issued and verified across both countries’ systems.
The trial, which was initiated as part of the Australia-Singapore Digital Economy Agreement signed in August 2020, aims to make cross-border trade simpler and more streamlined between the two countries. Read More
Cardano’s Alonzo Is A Sure Thing
On paper, blockchain projects can be the ultimate Ethereum killers, except they are unproven until they meet the harsh market demands. Cardano’s analytical and research-driven development created an industry hysteria of presumption. Reflecting on the question “what if?” Cardano crafted a confident project reflection which, according to the latest IOHK update, will be fulfilled starting September 12th. Read More
DuckDAO And SparkPoint Partnership To Focus On Democratizing Investment Opportunities
DuckDAO has announced a strategic partnership with SparkPoint that will focus on financial inclusivity and making decentralized finance and cryptocurrencies more accessible to the masses.
Both cryptocurrencies and decentralized finance (DeFi) are representative of the next step when it comes to how individuals interact with finance, dictating how they spend, save and invest their capital and manage their finances. However, only a fraction of the population use or is able to own cryptocurrencies. Read More
81% of finance execs say blockchain has gone mainstream: Survey
Despite the finance service industry being bullish on blockchain and crypto, respondents still outlined cybersecurity as the greatest hurdle to mainstream adoption.
Blockchain, the underlying technology of cryptocurrencies like Bitcoin (BTC), has already gained mainstream popularity, according to global finance executives polled by Big Four auditing firm Deloitte.
According to Deloitte’s “2021 Global Blockchain Survey,” 81% of the financial services industry (FSI) executives believe that blockchain technology is “broadly scalable” and has achieved mainstream adoption. Read More
Decentralization Empowering People
We live in an increasingly interconnected world with 4.66 billion people connected via the internet. We pay each other, share data, and communicate with each other within seconds. This is all seemingly wonderful, but the truth is we are not connected with each other. Instead, we are connected to centralized multinational companies and data merchants we are forced to trust with everything we do.
It’s a scary reality that most people are living in today; however, decentralization is the future. The transition from centralized platforms to decentralized ones is going to be the most profound and disruptive change we’ll ever see in our lives. Read More
Visa Makes First Foray Into NFTs And Buys CryptoPunk Artwork
Visa recently bought one of the renowned CryptoPunk NFTs for $150,000. This is the first time the digital payments giant has dipped its toes into the metaverse, an online world of virtual reality.
According to a recent article on Forbes, Visa, an institution that was launched by Bank of America in 1958, has bought itself its first NFT, depicting a female punk, complete with mohawk, green eyes, and vivid red lipstick.
The pixelated NFT artwork is named CryptoPunk 7610. It is one of 10,000 unique pieces of art, of which 3,840 are females. There will never be more than 10,000, and the unique hash of the NFT means that ownership can be verifiable and proven on the blockchain. Read More
Blockchain is as revolutionary as electricity: Big Ideas with Jason Potts
Economics Professor Jason Potts is co-director of the Blockchain Innovation Hub at RMIT University. He sees blockchain technology as a fundamental institutional technology revolution comparable to the emergence of companies and the internet — perhaps even as world-changing as the invention of electricity. Read More
This time it’s different: When DeFi meets NFTs
The success of future crypto products will depend on their ability to engage both decentralized finance and nonfungible token users.
With decentralized finance and nonfungible tokens seeing a meteoric rise, it’s easy to believe crypto apps are finally breaking through. But is there actually real user growth, or is it just the same influencers moving from one hyped market to the next? We sought to answer this puzzle and identify what it means for the future of innovation. So, let’s take a closer look at the growth of DeFi and NFTs.
DeFi is arguably the most prevalent application of smart contracts today. Automated market makers, algorithmic stable coins, and yield farming strategies are the talk of the town. The frenzy took off in early-to-late 2020, a period that the media would fondly recall as the “DeFi Summer.” Then, SushiSwap performed its liquidity mining attack, Yearn.finance instantiated the first “yield farm,” and Uniswap implemented a retroactive airdrop. Read More
These Are The High-Profile Bitcoin ETF Applications Currently In Play
Bitcoin exchange-traded funds have sprung up around the world—but the U.S. SEC continues to stonewall proposals for a Bitcoin ETF.
A number of hopefuls have filed proposals in the U.S. for an exchange-traded fund that would offer exposure to Bitcoin.
To date, the U.S. Securities and Exchange Commission has rejected every application for a Bitcoin ETF.
Since the first application for a U.S. Bitcoin exchange-traded fund was filed in 2013, a Bitcoin ETF has become something of a holy grail for the crypto community. Read More
Secure Cryptocurrency Platforms You Shouldn't Miss In 2021
Where do you go to buy, sell and trade cryptocurrency?
Investors are looking for the right platforms, places that are secure environments for asset transactions, and compliant with the rules of national regulators. Experience has shown us over the past few years that trying to flout regulatory agency guidelines or recommendations almost always gets operators in trouble and sometimes jeopardizes assets held on a particular exchange.
With that in mind, here are some of the best places to do business in crypto. Read More
US Kraken exchange targets European license in 2021, says CEO
Kraken’s potential European regulatory jurisdictions reportedly include countries like Malta, Luxembourg, and Ireland.
Major United States-based cryptocurrency exchange Kraken is planning to officially expand into the European market, following in the footsteps of rival exchange Coinbase.
Kraken co-founder and CEO Jesse Powell said that his firm is actively working on receiving a European license, targeting several local jurisdictions for a potential regulatory approval already this year. Read More
Disclaimer: These articles are provided for informational purposes only. They are not offered or intended to be used as legal, tax, investment, financial, or other advice.
