Japan’s most popular social media application – Line – released a non-fungible token marketplace called Line NFT. Even though the company provides its services in numerous countries in Asia, the opportunity will first be available only to Japanese users. Japan’s Top Social Media Goes Into NFTs LVC Corporation (LVC) – the operator of Line’s blockchain divisions – launched Line NFT marketplace, allowing 90 million Japanese users to buy and sell approximately 40,000 non-fungible...
Read More »Former Crypto Sceptic Larry Fink Says BlackRock is Studying Digital Assets
Larry Fink – CEO of the multinational investment management corporation BlackRock – seems more and more convinced of the merits of the cryptocurrency industry. He said his company is studying digital assets broadly, while clients have recently shown great interest in the sector. BlackRock Marching Towards Crypto The Chief Executive Officer of BlackRock – Larry Fink – was nowhere near that supportive of the cryptocurrency universe back in the days. In 2017, he described...
Read More »Circle to Apply for Crypto Bank Charter Soon: CEO Jeremy Allaire
Circle Internet Financial, the issuer of USDC stablecoin, is planning to apply for a crypto bank license in the US in the near future. According to co-founder and CEO Jeremy Allaire, the company has been in talks with regulators on the issue since August 2021, when it first revealed plans to convert into a bank, a Bloomberg report said on Wednesday. Allaire said the firm will apply “hopefully in the near future.” The Circle management has been in talks with the US Office...
Read More »NFL Team The Dallas Cowboys Adds BlockchainCom as its Sponsor
Five-time Super Bowl winner – The Dallas Cowboys – introduced the cryptocurrency platform BlockchainCom as its sponsor. The collaboration will roll out numerous experiences to fans, such as trips to away games and events hosted by the players. ‘America’s Team’ and BlockchainCom The cryptocurrency industry continues to engage with the US National Football League, with the latest example coming from one of the most successful NFL clubs – The Dallas Cowboys – which announced its...
Read More »Elon Musk’s Twitter Takeover Won’t Fix Centralization, says BlockTower CIO
Tesla CEO Elon Musk has offered to completely buy out Twitter with a $43 billion offer, in the name of free speech. He’s offering $54.20 per share for all 800,641,166 shares of Twitter’s common stock. However, one crypto investment firm doesn’t believe this is a meaningful development for freedom, given the inherent weaknesses of centralization. Elon Musk’s Grand Twitter Plans Musk’s offer – announced publicly over Twitter today – represents a 38% premium over Twitter’s...
Read More »Amazon Could Sell NFTs in the Future, Claims CEO
Andy Jassy – CEO of Amazon – recently told CNBC that the company could sell Non Fungible Tokens (NFTs) in the distant future. However, he said that the company won’t begin accepting cryptocurrency payments anytime soon and that he doesn’t personally hold any Bitcoin. Jassy’s interview took place shortly after releasing his first annual shareholder letter on Thursday. The letter itself made no mention of Bitcoin, crypto, or NFTs. However, when asked about them directly, Jassy...
Read More »After Coinbase, Top Indian Crypto Exchanges Disable Deposits Citing Regulatory Hurdle
Two of India’s largest crypto exchanges – CoinSwitch Kuber and WazirX – have halted deposits in Indian rupees citing regulatory problems, triggering a wave of angry protests by investors on social media. It comes two days after Coinbase halted deposits in Indian rupees on Sunday, barely 3 days following its launch in India on April 7. The regulatory problem mentioned by these exchanges is a euphemism for the denial of instant retail payments services through the Unified...
Read More »DEX Aggregator 1inch Expands to Fantom Network
As per the press release shared with CryptoPotato, 1inch Network announced the expansion of the 1inch Aggregation Protocol and the 1inch Limit Order Protocol on Fantom. The move will help users access deeper liquidity and more alternatives for efficient and cheap swaps. Expansion to Fantom With 1inch’s expansion on the scalable, EVM-compatible Layer 1 blockchain protocol, Fantom, a myriad of protocols will make the transition as well. Some of those names include Solidly,...
Read More »Bitfinex and Tether Donate 25 BTC to Aid El Salvadoran Families Hit by Gang Violence
Cryptocurrency exchange Bitfinex, in collaboration with USDT issuer Tether, recently launched a digital asset fund and donated over $1 million in bitcoin to assist families in El Salvador affected by the ongoing gang violence in the country. Crypto Relief Fund Initiative is Bootstrapped With 25 BTC Bitfinex chief technology officer (CTO) Paolo Ardoino revealed that the company teamed up with Tether to support El Salvadoran families who have been hit by the violence...
Read More »Cardano Founder Explains What Users Should Expect From the Upcoming Vasil Hard Fork
On April 12, Charles Hoskinson, founder of Cardano, posted a “recap video” on his YouTube channel, explaining the new update that will make Cardano better after the “Vasil” hard fork. At the beginning of the video, Hoskinson mentioned that he was preparing for the upcoming Consensus 2022, which will take place in Austin, Texas, from June 9-12. There, he expects to show the crypto community and Cardano enthusiasts that IOHK and the Cardano development team are “open for...
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