Speaking during an interview with CNBC after releasing his first shareholder letter as the new CEO of Amazon, Andy Jassy said that while he does not own any cryptocurrencies or nonfungible tokens, or NFTs, he is optimistic about the outlook of the industry. Jassy stated: “We’re not probably close to adding crypto as a payment mechanism in our retail business,…
In collaboration with bitcoin-Lightning payment processing company Opennode, Arcane crypto published “The State of Lightning: Bitcoin As A Payment Network” for its second volume in Lightning Network research. Lightning has experienced exponential growth with companies like Cash App and the nation-state of El Salvador on-boarding millions of users in a short time. Services arising from this level of adoption drive…
One of the biggest challenges cryptocurrency projects face is finding the right type of real-world integration and a use case that can spark a new waves of adoption. Integrating blockchain and cryptocurrency with professional sports has been the expected “next wave” for some time and Chiliz (CHZ), a protocol focused on creating a fan engagement platform for various sports leagues,…
The United States Treasury Department Office of Foreign Assets Control Specially Designated Nationals and Blocked Persons (SDN) list was updated Thursday to reflect the possibility that North Korean cyber-criminal Lazarus Group was behind last month’s hack of the Ronin Bridge, in which over 173,600 Ether (ETH) and 25.5 million USD Coin (USDC) was taken, Chainalysis announced by Twitter. The information…
American comic book publisher Archie Comics, known for its iconic Riverdale characters, is leveraging the blockchain to develop fan-generated art and stories as well as Archie-inspired nonfungible token (NFT) collections. Laura Braga and Vincezo Federici, the artists behind the 80-year-old franchise, partnered with Palm NFT Studio, to create a new blockchain-based writer’s room called the “Archiverse: Eclipse.” Source: Palm NFT…
After the inflation rate in the eurozone reached a high of 7.5% in March, the European Central Bank (ECB) and the bank’s president Christine Lagarde explained on Thursday the central bank’s bond purchases will cease in Q3. Reiterating what she said at a press conference in Cyprus two weeks ago, Lagarde stressed on Thursday that inflation “will remain high over…
The DAO behind the Nouns NFT collection has backed the crypto crowdfunding effort for indie film “Calladita,” to the tune of 6.9 ETH ($21,000). The deal—thought to be the first on-chain proposal by a decentralized autonomous organization (DAO) to fund a feature film—makes Nouns DAO the second-largest backer of the film. As part of the deal, a character in “Calladita”…
In brief The U.S. Treasury added an Ethereum wallet address to its sanctions list today, tying it to North Korea’s Lazarus Group. It’s the same address tied to last month’s $622 million attack of Axie Infinity’s Ronin Network. North Korean hacking group Lazarus is allegedly responsible for last month’s $622 million hack of Ronin Network, an Ethereum sidechain used by…
press release PRESS RELEASE. UAE – DUBAI, 14 April 2022: Renowned to be a haven of thoroughbred Arabian horses, the Al Sheikh Stud embarks on a strategic journey to accommodate the growing demand for NFTs in the industry. In alliance with Atria Holdings and Finvault; the Stud farm is revving up its finest line-up of purebred Arabian Horses for the…
Over the past three months, Bitcoin’s (BTC) daily closing price fluctuated between $35,050 and $47,550, which is a 35.7% range. Although it might seem excessive, this is not unusual, especially considering BTC’s 68% historical annualized volatility. Bitcoin/USD 1-day chart at Coinbase. Source: TradingView The relief rally that came after the April 11 dip below $40,000 followed the U.S. Consumer Price…
