Justin Bieber’s hit song from 2015, “Company,” has been turned into an NFT by anotherblock, from which fans could earn royalties from future streams of the trac… Source: https://cointelegraph.com/app/public/index.php/news/justin-bieber-hit-track-becomes-nft
In the latest episode of Cointelegraph’s The Market Report, analyst Marcel Pechman explores the drivers that point to Bitcoin heading to $22,000, with investor sentiment worsening after Grayscale Investment’s much-hyped legal victory against the United States Securities and Exchange Commission (SEC) on Aug. 29 and its postponement of multiple spot Bitcoin (BTC) exchange-traded fund applications. According to Pechman, on the side…
The new blockchain-based IP ownership network Story Protocol closed a $54 million funding round on Sept. 7, which included investments from big names like Paris Hilton’s 11:11 Media, and Andreessen Horowitz, also known as a16z. The platform uses blockchain technology to help content creators oversee and monetize their content in the face of fakes generated by artificial intelligence (AI). It…
Cryptocurrency exchange Coinbase has rolled out a crypto lending service for institutional investors in the United States, reportedly aiming to capitalize on massive failures in the crypto lending market. Coinbase has quietly launched an institutional-grade crypto lending platform, Coinbase Prime, to U.S. investors, according to a Bloomberg report on Sept. 5. Coinbase Prime is a full-service prime brokerage platform that…
Sam Bankman-Fried, the founder of the failed cryptocurrency exchange FTX, has been granted sufficient access to a laptop to review discovery materials related to the criminal case brought against him, claims the U.S. Department of Justice (DOJ). SBF, as the former FTX chief is otherwise known, is currently confined at the Metropolitan Detention Center (MDC), preparing for a trial scheduled…
The United States Attorney’s Office has filed an affirmation of the denial of bail to former FTX CEO Sam Bankman-Fried, claiming that he could attempt witness tampering, and stating that no release conditions would assure the safety of the witnesses. Prosecutors responded to several claims made in his appeal against the bail revocation, calling it “meritless.” The prosecutors in their…
Krafton, the game development firm company behind popular battle royale title PUBG: Battlegrounds (originally PlayerUnknown’s Battlegrounds), has unveiled plans for Settlus, a blockchain project utilizing the Cosmos SDK for payment settlements in USDC. Krafton, along with Circle and AngelHack, introduced the Settlus blockchain platform at the Korea Blockchain Week’s Circle Hacker House event on Tuesday, according to a Medium article…
Central bank digital currencies (CBDC) and blockchain technology are likely to displace traditional banks, according to a lawmaker in Russia. Anatoly Aksakov, head of Russia’s parliamentary financial committee and a major skeptic of Bitcoin (BTC), has predicted that the traditional banking system will “fade away” with the adoption of the digital ruble, the local news agency RIA reported. “As for…
Decentralized exchange (DEX) platform dYdX is planning to offer a “purely decentralized” order books exchange as they migrate their ecosystem from the Ethereum network to the interchain network Cosmos. At the Korea Blockchain Week 2023, Cointelegraph’s Andrew Fenton spoke with dYdX Foundation CEO Charles d’Haussy about the DEX’s plans to implement decentralized order books on their exchange and how they…
A group of cryptocurrency venture investors has established a $20 million fund to invest in undervalued Web3 projects and companies focused on blockchain gaming and digital collectibles. Alpha Protocol Ventures (APV) will look to invest in a variety of projects across the Web3 ecosystem, CEO and founder Vagelis Diamantis told Cointelegraph in an emailed interview. Gaming and collectibles will be…
