Major brands have been making interesting moves with NFTs, but here’s an example that’s decidedly different from the typical consumer-facing fare: a division of European food services and facilities management giant Sodexo just launched tokenized profile pictures (PFPs) for all of its employees. Sodexo’s Benefits and Rewards Services’ (BRS) division, which recently rebranded to Pluxee, plans to spin out and…
The Chicago Mercantile Exchange (CME) Group on Thursday revealed plans for the launch of Ethereum/Bitcoin (ETH/BTC) ratio futures on July 31, pending regulatory approval. Per the product description on the company’s website, the ticker for the ETH/BTC ratio futures is EBR, with the ratio defined as Ethereum futures price divided by the Bitcoin futures price. The ratio will be calculated…
South Korea’s government is taking steps to protect cryptocurrency investors from implosions like Do Kwon’s Terra ecosystem tokens by passing a new crypto bill. The parliament of South Korea on June 30 passed the Virtual Asset User Protection legislation. The bill is designed to regulate unfair trade practices and protect crypto investors, the local news agency SBS Biz reported. The…
Dilip Rao, a former Ripple executive who’s now leading Australia’s CBDC pilot, has been examining 14 possible use cases of central bank digital currencies. Source: https://cointelegraph.com/public/index.php/news/australia-cbdc-solves-problems-tomorrow-dilip-rao
However, the Reserve Bank of New Zealand also said that crypto and stablecoins should be more closely monitored. Source: https://cointelegraph.com/public/index.php/news/new-zealand-central-bank-holds-on-crypto-regulations
Bitcoin (BTC) spiked through $31,000 on June 30 as a near $6 billion open interest expiry loomed. BTC/USD 1-hour chart. Source: TradingView Options expiry precedes day of BTC price triggers Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting local highs of $31,268 on Bitstamp before returning lower. BTC price performance improved into a key quarterly options expiry event,…
Strategies to find blue-chip NFTs include researching established platforms, following influencers, tracking notable artists and collaborations, and considering rarity and demand. Here is a brief explanation of the strategies to find blue-chip NFTs: Research established platforms Start with OpenSea, Rarible, SuperRare, NBA Top Shot and other established NFT platforms. These platforms often host a wide range of blue-chip NFTs created…
The United States Democrat Senator Michael Bennet urged tech companies in a letter to label AI-generated content, along with monitoring any misleading content produced by AI. On June 29, the letter was sent to executives of major tech companies involved with AI including the maker of ChatGPT – OpenAI, Microsoft Meta, Twitter and Alphabet. Bennet stressed that users should be…
The Polkadot Decoded 2023 conference just wrapped up and this year more than 100 speakers and 100 blockchain projects were in attendance. The beauty of crypto bear markets is they catalyze a realignment of perspectives and objectives. All the hidden leverage is gone and most of the speculation is gone. SBF is gone. Do Kwon is gone. Three Arrows Capital,…
Blockchain Australia’s new CEO, Simon Callaghan, is urging Australia’s banks, the government and the crypto industry to come together to combat rising cryptocurrency scams. Speaking on the final day of Australian Blockchain Week in Melbourne on June 30, Callaghan announced the association will now be focused on helping prevent scams that involve crypto, among its other efforts. Simon Callaghan speaking…
