Adidas's First Ethereum NFT Drop Nets $23 Million and Shoots to Top of Charts
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Adidas’s First Ethereum NFT Drop Nets $23 Million and Shoots to Top of Charts

Sportswear giant Adidas made $23.4 million in a single afternoon from its debut “Into the Metaverse” NFT drop yesterday.  The collection’s phenomenal sales volume over the last 24 hours propelled it to the very top of the leaderboard as the hottest NFT project in the world right now, according to CryptoSlam.  The drop was a collaboration with Bored Ape Yacht…

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Could Bored Ape Yacht Club flip CryptoPunks?
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Could Bored Ape Yacht Club flip CryptoPunks?

Rising from its modest minting price of 0.08 Ether (ETH), Bored Ape Yacht Club (BAYC) has climbed to nonfungible-token (NFT) stardom, competing with one of the earliest examples of Larva Labs CryptoPunk NFT.  Given its steady but amplified growth, BAYC has many crypto natives speculating that its collection will eventually “flip” CryptoPunks, and there are several reasons to back it.…

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Swiss Bank Seba Launches Regulated Gold Token, Aims to Bolster 'Digital Ownership of Physical Gold'
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Swiss Bank Seba Launches Regulated Gold Token, Aims to Bolster ‘Digital Ownership of Physical Gold’ – Altcoins Bitcoin News

On December 15, FINMA-licensed Swiss bank, Seba, announced the launch of a gold token that can be delivered in physical form, on-demand, at any time from the firm’s partner refineries. Seba believes the token can be leveraged as a compliant stablecoin “backed by responsibly sourced gold.” Swiss Bank Introduces ‘Seba Bank Gold Token’ Backed by Physical Gold Stored at Partner…

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Listing frenzy! Coinbase adds nearly 100 crypto assets for trading in 2021
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Listing frenzy! Coinbase adds nearly 100 crypto assets for trading in 2021

As of today, Coinbase has 139 tradable assets. The exchange added a whopping 83 assets to its trading list in 2021, nearly double the number of assets it had accumulated in the eight years since its founding.  Is this rapid expansion a simple cash-grab? Are any of these lesser-known tokens and coins securities? Is this irresponsible or overly ambitious? What…

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Turkey Inflation Why We Need Bitcoin

Turkey is a cautionary tale and perhaps a harbinger of things to come for other countries with weakening currencies. The Turkish lira has fallen by nearly 45% against the dollar so far this year and has plummeted as much as 20% in one week. Economists believe that Turkey could be on the brink of hyperinflation as year-to-year Consumer Price Index…

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Crypto Wealth Manager Vaneck Launches Polygon and Avalanche Investment Offerings – Bitcoin News
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Crypto Wealth Manager Vaneck Launches Polygon and Avalanche Investment Offerings – Bitcoin News

The wealth manager Vaneck has announced it has expanded its exchange-traded note (ETN) offerings to support the tokens polygon and avalanche. The two ETNs follow five previously launched funds in Europe that allow investors to gain exposure to leading digital assets. Vaneck Adds Polygon and Avalanche to Its List of Cryptocurrency ETNs Vaneck has announced the launch of two ETNs…

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Deputizing blockchain to fight public corruption
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Deputizing blockchain to fight public corruption

Puerto Rico recently announced that it may be looking for a blockchain solution to fight government corruption, particularly after a Puerto Rican mayor pleaded guilty to accepting a cash bribe of more than $100,000.  But could a distributed digital ledger really make an impact in the unincorporated United States territory’s struggle against public fraud and wrongdoing? It might if it…

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Indian Central Bank RBI Favors Complete Cryptocurrency Ban, Says Partial Ban Won't Work
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Indian Central Bank RBI Favors Complete Crypto Ban, Says Partial Ban Won’t Work – Regulation Bitcoin News

India’s central bank, the Reserve Bank of India (RBI), has reportedly told the central board of directors that it favors a complete ban on cryptocurrencies, stating that a partial ban will not work. The central bank reiterates that it has serious concerns regarding crypto. Meanwhile, the Indian government is reportedly making additional changes to the crypto bill. RBI Wants a…

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