Cryptocurrencies must reach mass adoption to unlock their maximum potential as a network technology and their value as financial assets. As with other technologies, the adoption of crypto follows a classic bell curve: Starting from a small number of innovators, it grows as early adopters embrace it, moving into mass adoption as it expands to the early and late majority.…
Month: June 2023
Dior Is Latest Luxury Brand to Embrace Tokenized Fashion—But Won’t Say ‘NFT’
French fashion house Dior is the latest luxury brand to embrace blockchain, announcing a new line of men’s footwear late Thursday that features both a unique, encrypted online authentication system and accompanying “digital twin” NFTs. The shoe, the B33 sneaker, was designed by Dior Menswear artistic director Kim Jones as part of the fashion house’s Men’s Fall 2023 collection. The…
The world’s biggest Bitcoin conferences: Decentralize with Cointelegraph
What do thought leaders at the world’s largest Bitcoin conferences make of Bitcoin in 2023? This week’s Decentralize with Cointelegraph podcast focuses on Bitco… Source: https://cointelegraph.com/public/index.php/news/the-world-s-biggest-bitcoin-conferences-decentralize-with-cointelegraph
Don’t be naive — BlackRock’s ETF won’t be bullish for Bitcoin
There is no doubt that BlackRock’s spot Bitcoin exchange-traded fund (ETF) application — and the flood of contenders that followed — has buoyed the bulls. It could signal the winds of change in the regulatory sphere, they say. It could bring Bitcoin exposure to the masses, they holler. While there might be some truth in these statements, we need to…
OKX Expands Manchester City Soccer Sponsorship With $70 Million Deal
Cryptocurrency exchange OKX has expanded its partnership with English Premier League soccer club Manchester City to become the team’s official sleeve sponsor. The new multi-year deal will see OKX pay Manchester City more than $70 million per year over three years, according to a report from Forbes. OKX’s branding will appear on the left sleeve of both the men’s and…
Do AI Sex Robots Require Consent Too?
For most sex toys, the idea of asking for consent is laughable. But with the recent, meteoric rise of AI-powered tools, conversations around AI sex toys and consent have begun. And they’re getting serious. The sex robots on the market today aren’t the most convincing human replicas (see: Emma), only conversing in basic language with frigid movements and unable to…
Revolut US to delist ADA, MATIC and SOL in September
Crypto-friendly neobank Revolut has halted purchases of Cardano, Polygon and Solana for U.S. customers, but holding and selling remains available until mid-Sept… Source: https://cointelegraph.com/public/index.php/news/revolut-us-to-delist-ada-matic-and-sol-in-september
SEC Calls BlackRock, Fidelity Bitcoin ETF Applications Inadequate: WSJ
The U.S. Securities and Exchange Commission has said that the wave of spot Bitcoin exchange-traded funds (ETFs) applications filed this month are inadequate, according to a Wall Street Journal report. Citing people familiar with the matter, the Friday WSJ report claims that the top regulator has said the applications aren’t clear enough. It’s a striking revelation because have filed applications for a…
US SEC deems spot Bitcoin ETFs filings as inadequate: Report
There may be a longer wait for a spot Bitcoin exchange-traded fund (ETF) in the United States as the Securities and Exchange Commission (SEC) labeled investment managers’ recent applications inadequate. According to the Wall Street Journal, the securities regulator told the Nasdaq and the Chicago Board Options Exchange (Cboe) that their filings are not “sufficiently clear and comprehensive.” These exchanges…
Bitcoin ‘overreacting’ as SEC returns ETF filings, BTC price dives 6%
Bitcoin (BTC) fell below $30,000 after the June 30 Wall Street open as markets panicked over the fate of its first spot exchange-traded funds (ETFs). BTC/USD 1-hour chart. Source: TradingView Bureaucratic error may explain Bitcoin ETF filing hiccup Data from Cointelegraph Markets Pro and TradingView showed BTC price action hurtling downward, briefly reaching $29,500. The volatility accompanied a report that United…