The streaming music incarnation of the storied Napster brand is taking its next step into Web3 with the acquisition of startup Mint Songs. Napster originally announced its move into blockchain last June with a plan to launch a token using the Algorand blockchain. Today, Napster says the Mint Songs acquisition will be the foundation for the company’s first Web3 offerings.…
The European Central Bank (ECB) expects EU banks to introduce limits on their crypto holdings even before the Basel Committee on Banking Supervision’s (BCBS) global standards come into force in 2025. These standards have grouped cryptocurrencies into two groups based on the specific risks they pose, providing banks guidance on how to manage their exposure to each group. Bitcoin, for…
Humanity has long relied on physical currency as a medium for representing and transferring value. Some of the earliest examples of coinage date back many thousands of years. The Mesopotamian shekel is widely believed to be the oldest coin. Western Asian tribes first minted the shekel – meaning “weight” – 5,000 years ago. This example of ancient currency long…
Angel investors and venture capitalists are two types of private investors who provide funding for early-stage and growth-stage companies. However, there are some key differences between them that we will cover in this article. Who are angel investors? High-net-worth individuals who invest in companies at an early stage in exchange for equity in the business are known as angel investors.…
Square Enix—the storied Japanese video game publisher behind franchises like Final Fantasy, Dragon Quest, and Kingdom Hearts—announced today that it will launch its upcoming NFT-based game Symbiogensis on Polygon, an Ethereum scaling network. Symbiogenesis was first announced last November, and at the time, the publisher said that the story-driven collectibles game was tentatively planned to launch on Ethereum. However, the…
Bitcoin traded above $22,000 on Feb. 15, as markets continue to react to the latest U.S. inflation report. The consumer price index rose 0.5% in January, following a gain of 0.1% the month prior. Overall, the annual rate of inflation came in at 6.4%, which, although lower than December’s sum of 6.5%, was higher than the expected 6.2%. Ethereum also…
South Korean prosecutors have requested an arrest warrant for the former CEO of Tmon, a Korean e-commerce platform, after taking billions of won in LUNA (LUNA), now known as LUNA Classic (LUNC), for promoting Terra as a simple payment gateway. Seoul prosecutors requested an arrest warrant on the former CEO of ecommerce giant Tmon for allegedly receiving bribery from Terra…
Can Bitcoin help Black Americans build wealth in a country that has historically and intentionally prevented them from doing so? The Agenda podcast recently sat down with Najah Roberts, a Bitcoin educator and entrepreneur, to explore the question. In Part 1 of the conversation, released on Feb. 1, Roberts told hosts Jonathan DeYoung and Ray Salmond that Bitcoin (BTC) might…
The cryptocurrency market is enjoying some relief today after a rough start to the month. The altcoin-led rally over the past 24 hours has added roughly $44 billion to the market, bringing its total capitalization back over the $1 trillion mark. Two projects in particular, Cardano and Dogecoin, have led the rally, posting gains of 8.4% and 6.1%, respectively, over…
Only 4% of the companies in Spain have managed to apply the metaverse to their operations, according to a survey conducted by ISDI, a national business school. 40% of the business managers surveyed have admitted that it is difficult for them to bring parts of their business to the metaverse in a significant way. Metaverse Growing Slowly in Spain While…
