Xinhua, the official news agency of China, is going to issue an NFT collection with photographs depicting historic moments of the passing year. The initiative, which comes amid an ongoing crypto crackdown, is seen as a boost for blockchain, the technology that also underpins cryptocurrencies. Xinhua to Create Digital Collectibles Based on Photo Reports The state-owned Chinese news agency Xinhua…
Sameep is the founder of QuickSwap, a decentralized exchange on Polygon that allows users to swap, earn, stack yields, lend, borrow and leverage, all on one decentralized, community-driven platform. “My answer here will be similar to the last one. Absolutely — in 2020 and 2021, DeFi experienced mass growth. More and more people realized the importance of having their money…
While still leading the securities litigation, hedge fund and SEC defense national practices at my last law firm, BakerHostetler, my practice team members and I would prepare an annual list of key developments and cases in the area each December. It was usually a top 10 list that was then published by Wolters Kluwer in one of its CCH publications…
Scanning headlines might lead you to believe it was sponsorship and marketing deals that made 2021 a huge year for derivatives exchange FTX and its CEO Sam Bankman-Fried. And, to be fair, there were a lot of deals. The NBA’s Golden State Warriors and Miami Heat, Mercedes AMG Petronas F1 team, the International Cricket Council, Major League Baseball, esports squad…
Exploring the new world of decentralized autonomous organizations Around the Block from Coinbase Ventures sheds light on key trends in crypto. Written by Justin Mart & Connor Dempsey. What the internet did for communication, DAOs can do for capital. The internet and social networks have made it easier for like minded individuals to communicate than ever before, regardless of geographic location. The…
press release Press Release: Beyondlife․club and Orange Comet have joined forces to launch a special NFT collection dedicated to the legendary Marvel comics founder Stan Lee. 22nd December 2021, Singapore — Chakra The Invincible is a unique NFT collection and tribute to legend Stan Lee, that will launch on his 99th Birthday, (December 28th) on chakra.beyondlife.club. The collection includes an…
Nasir Hayat Magoon, The President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), has stated that Pakistani citizens have a combined crypto assets value of $20 billion. During a news conference, the FPCCI president said that Pakistanis’ digital currency valuations are based on the chamber’s research paper, as per a local report. He urged the government to implement…
Algorithmic stablecoin platform Terra has hit a new all-time high as fellow Cosmos-based coins have posted double-digit gains in the last day. Having surpassed Binance Smart Chain as the second-largest decentralized finance (DeFi) protocol on Tuesday, Terra’s LUNA token today reached an all-time high of $97.90. At time of publishing, LUNA is just over $95, up 12.8% on the day,…
Recently, in an apparent response to a largely-flawed critique of stablecoins from the Open Markets Institute, cryptocurrency exchange FTX clarified its position on transaction fees for withdrawals. Its blog post was striking in that it appeared to associate proof-of-work (PoW) blockchains with high fees (which users are partly responsible for upon withdrawal) and proof-of-stake (PoS) blockchains with low fees. The…
By Brett Tejpaul, Head of Institutional Sales, Trading and Prime Our goal is to be the trusted bridge to the cryptoeconomy for all institutions, to fuel widespread adoption of crypto, and ultimately to increase global economic freedom. Coinbase Prime, an integrated solution that provides secure custody, an advanced trading platform, prime services and market data, has become a first choice for…
