On November 10, 2021, Vogue Singapore, a team dedicated to fashion, beauty, and “stories that matter,” is launching a non-fungible token (NFT) drop on the marketplace Opensea. The drop will be the fashion and lifestyle magazine’s first NFT collection featuring digital-only Vogue covers crafted by NFT artists. Vogue to Drop the Firm’s First NFT Collection The fashion and lifestyle magazine…
Two carbon neutral cryptocurrency-backed exchange-traded funds are poised to launch in Canada offering a greener alternative for institutional investors. Canada-based asset manager Purpose Investments is readying to launch two new crypto-based ETFs on the Toronto Stock Exchange on Nov. 9, both of which offer investors a carbon offset. Purpose will launch their Bitcoin and Ethereum ETFs under the BTCC.J and…
OpenSea has become the first nonfungible token (NFT) marketplace to process 11-figures worth of NFT trades. According to NFT data aggregator Dapp Radar, the pioneering marketplace has hosted more than $10.3 billion worth of transactions since launching in December 2017. The platform has seen exponential growth this year, with the platform having processed $2.5 billion worth of trades for the…
New York City Mayor-elect Eric Adams plans to make NYC the center of crypto and innovation. He says we must open our schools to teach cryptocurrency and blockchain technology, noting that bitcoin is “a new way of paying for goods and services throughout the entire globe.” NYC Mayor-Elect Wants Schools to Teach Bitcoin, Crypto, Blockchain New York City Mayor-elect Eric…
Blockchain platform Telos raised $8 million in funding led by ConsenSys and Polygon investor John Lilic. The funding was secured right before the launch of Telos EthereumVirtual Machine (EVM) platform, ending the companys ongoing streak of bootstrapped initiatives. Telos aims to redirect the recently secured capital on the platforms development and marketing in addition to improving the liquidity of the…
Bitcoin investors appear to be increasingly sitting on their hands in hopes of higher prices, with the share of Bitcoins supply that has remained inactive for the past three months spiking to a record high of 85%. On-chain analytics provider Glassnode identified the milestone in its Nov. 8 The Week Onchain report, concluding: Investors are just not spending their coins.…
Identity verification tech firm Civic Technologies has launched a free tool to combat botting activity in Solana (SOL)-based NFT drops. According to a Nov. 8 announcement, Civics new tool Ignite Pass will filter out bots by requiring buyers to complete a liveness verification before being approved to make NFT purchases. Civics website notes that users will be required to take…
Much has been written about Bitcoin’s Taproot upgrade, and plenty of resources exist to explain its technical concepts. However, in the author’s opinion, a more comprehensive roundup of why Taproot is being implemented, what it will bring to the network, and what it might enable for the future, in plain English, is still lacking. Driven by the misconceptions that regular…
Bitcoin (BTC) has broken into new all-time highs, with the asset last changing hands in the mid $67,000-range. During the final hour of Nov. 8 UTC time, BTC pushed into uncharted prices, with bulls firmly taking control of the markets as price action retested Oct. 20s previous high of roughly $67,000. BTC/USD: TradingView The milestone comes on a historic date…
Square Inc. has affirmed that its focus is on helping bitcoin become the native currency for the internet. CEO Jack Dorsey explained, “We have a number of initiatives toward that goal” that will help “bitcoin reach a mainstream audience while at the same time strengthening the network and ecosystem.” Square’s Focus Is on Helping Bitcoin Become the Native Currency for…
