Crypto news

If you were around during the days when vinyl albums were the primary way to listen to music, then you’ve surely seen how immensely the music industry has changed. Back in the day, you had to be dedicated to your favorite artists to go out and buy their records. Compare that to today where you can stream music for free. While this is convenient for the listener, it has made creating music downright unprofitable for many artists due to the tiny payments they get out of...

Wenn Sie NFT sammeln, kaufen Sie Tokens und verwandte Objekte. Diese Objekte können fast alles sein, zum Beispiel digitale Kunstwerke oder virtuelle Immobilien, Musikwerke oder Kartensammlungen. NFT werden in der Blockchain gespeichert; sie sind einzigartig, unersetzlich und können nicht gefälscht werden. Bislang konnten digitale Kunstwerke leicht kopiert und weitergegeben werden und hatten nicht den gleichen Wert wie Originalwerke. Die neue Technologie revolutioniert den Kunstmarkt; sie...

The successful PSG player, goalscorer for the Brazilian national soccer team, and NFT enthusiast Neymar Jr, is the newest member of the elite Bored Ape Yacht Club. Neymar shared the news with his followers on Twitter, posting a photo of his new pink ape outfitted with flashy futuristic glasses, along with the hashtag #BoredApeYC. Source: TwitterNeymar Jr. Loves NFTs On January 20, Neymar changed his profile picture using the Bored Ape 6633 as an avatar. According to OpenSea’s...

The cryptocurrency lending platform – Nexo – joined forces with the Nasdaq-listed digital asset company – Bakkt Holdings. As a result, the latter will custody a portion of Nexo’s Bitcoin and Ethereum holdings in the Bakkt Warehouse. Bakkt’s Newest Partnership The Bakkt Warehouse comprises both online (“warm”) and offline (“cold”) digital asset storage. The company balances between the two tiers to minimize risks associated with cryptocurrency custody services. In a recent...

Retail giant Walmart has announced it’s looking to get involved in the growing world of non-fungible tokens (NFTs) and it will also be unveiling its own cryptocurrency in the coming months. Walmart Is Building Its Own Cryptocurrency The news is fantastic in that it suggests more and more that crypto is becoming mainstream and legitimate in the eyes of everyday business ventures. Standard companies, stores, and brick-and-mortar enterprises are stepping deeper into what...

London is now home to a record number of bitcoin and crypto-related advertisements, and many are calling for a ban on such promotions as they feel the crypto space is far too risky. London Is Seeing an Influx of Crypto Advertisements Crypto assets are largely unregulated in the United Kingdom, and there is much concern in London and other parts of the country about the volatility associated with these assets. In addition, many fear that people will become addicted to...

Eric Adams – newly elected mayor of New York City – is following through on his promise to receive his first paycheck in Bitcoin. Some of his salary will even be converted to Ether – the second-largest cryptocurrency. The Paycheck Promise The City of New York confirmed the payment decision from its official site earlier today. The Mayor’s paycheck will automatically be converted into Bitcoin and Ethereum when he receives it tomorrow. In November, Miami Mayor Francis Suarez...

The digital asset exchange – CryptoCom – came up with an official statement regarding the latest attack on its platform. The company revealed that the incident affected nearly 500 people, but they were fully refunded. The Saga Had a Happy End In its most recent report, CryptoCom disclosed that it first found out about the issue in the early hours on Monday (January 17). The monitoring systems of the trading venue detected unauthorized activity on a small number of user...

While there have been calls by the cryptocurrency community for the SEC to provide clearer regulation for the industry, one of the agency’s commissioners thinks otherwise. SEC Does Not Need to Re-Invent the Wheel Allison Lee, a Commissioner for the U.S. Securities and Exchange Commission (SEC), while appearing at a D.C. bar event on crypto regulation, has said that cryptocurrencies do not need a special set of rules. According to Lee: “Rather than pursuing approaches that...

Jack Dorsey – the CEO of Block, formerly known as Square – has emerged to say that his firm is moving forward on plans to develop an open bitcoin mining system. Jack Dorsey Wants a World Where Everyone Can Mine BTC What does this mean? Basically, all customers of Block will have the opportunity to mine bitcoin and other forms of crypto through a fully accessible system. In a tweet late last week, Dorsey announced: We’re officially building an open bitcoin mining system....