Decentralized finance (DeFi) is shaping up to be one of the most important sectors within the blockchain industry. In just the last two years, DeFi’s total value locked (TVL) the total value of assets locked into various DeFi platforms has steadily increased from $21 billion at the start of the year to over $100 billion today. DeFi represents a wide…
In brief Popular music producer Timbaland is releasing NFT collectibles on Ethereum. The NFT audio chunks can be mixed together via an upcoming web app. Timothy Timbaland Mosley is one of the defining producers of the last 25 years, known for his stuttering beats and lavish soundscapes for artists such as Aaliyah, Missy Elliott, Jay Z, and Justin Timberlake. Now…
sponsored The Legends of Bezogia, the land where everything always goes up, is a massive open-world sandbox-style game where players can summon their own Bezogi characters from a large selection of different breeds by minting in-game NFTs, which randomly generate Bezogi. Each unique to their own playstyles and lore, Bezogi fight, craft and explore the epic lands of Bezogia. Crypto…
Jenny Ta, founder of CoinLinked and chief operating officer of nonfungbile token (NFT) platform developer Hodl Assets, believes that the fashion-based NFT market will be worth billions in the future. Ta is a self-made millionaire who founded the crypto-powered social marketplace CoinLinked in May 2020. The firm was set to host a DogecoinConference in Las Vegas, but the event has…
The Hedera Governing Council has welcomed Singapores oldest bank, DBS Bank, as its newest member, making it the first Southeast Asian lender to join the worldwide Hyperledger organization. DBS Bank, a member of the advisory council on fintech, has joined the blockchain council alongside 39 other major technology, corporate and nonprofit leaders, including Google, IBM, Boeing, Deutsche Telekom, the University…
A Nigerian Federal Court judge recently ruled that the two frozen bank accounts belonging to Rise Vest Technologies, which is accused of trading cryptocurrencies, must be reopened. CBN’s Bank Account Freeze Order Dismissed In a ruling that overturns the Central Bank of Nigeria (CBN)’s August 17 decision to freeze the bank accounts, Judge Taiwo Taiwo is quoted by The Nation…
SeedSigner is the new, cool kid on the block when it comes to DIY Bitcoin hardware wallets. It’s a very interesting device that certainly does things differently compared to the other hardware wallets on the market. Highlights include: It’s cheap to make (costing $50) It allows for QR communication between the device and the computer It is non-persistent It’s a…
In brief The Valkryie Funds CIO has said there is only room for three or four Bitcoin ETFs in the United States. Steven McClurg also discussed contango and the mechanics of tracking the price of Bitcoin. Steven McClurg, chief investment officer of Valkyrie Funds, the company behind the Valkyrie Bitcoin Strategy ETF, said there is probably only room for a…
The U.S. Government is auctioning just under $300,000 worth of Bitcoin this week. The General Services Administration (GSA) is currently hosting an online auction of 4.92 BTC, worth around $290,000 at the current price of Bitcoin. The auction is split across five lots, with bidding set to close at 5 pm CT on October 28; the smallest lot available is…
The European Central Bank (ECB) has announced the formation of a market advisory group for the purpose of exploring the infrastructural and circulation potential of the digital euro from the perspective of industry spearheads. The group also aims to uncover the digital euros optimal function within the pan-European currencys vast payments ecosystem. The group includes a number of well-established experts…
