Cryptocurrency Analysis and News Portal
Reddit is testing out NFT profile pictures on its platform, with the news coming just a week or so after Twitter implemented a similar feature. The popular social media platform had around 430 million monthly users in 2021, and is reportedly working on an NFT profile picture implementation that will
Read More
Sure, you might “own” that cartoon monkey in your profile picture, in the sense that the token is affixed to your Ethereum address on an immutable, append-only ledger – but what’s stopping me from just right-clicking the image and setting it as my profile picture, too? Source
Read More
From there, they connect to their preferred wallet (in the mock-up, the default wallets included Coinbase, Trust, Argent and Metamask) and then download all their NFTs from OpenSea. After selecting one to be their avatar, it would then appear with an Ethereum check mark similar to the blue check mark
Read More
MicroStrategy executives said Tuesday its 38,250 bitcoin treasury is boosting the business intelligence company’s market visibility in Q3 as its revenue rose 6.4% year-over-year and notched a net loss of $14.2 million. On a non-GAAP basis, the company posted a profit of $19.8 million, or $2.06 per share, up from
Read More
YFI crashed towards $12,000 on Thursday and unconfirmed evidence shows that Sam Bankman-Fried was behind the plunge. A Weibo-based
Read More
Zimbabwe’s deteriorating economic situation is forcing authorities to sign off on some desperate and controversial decisions. Some of such decisions include the abrupt suspension mobile money as well as the recent designation of Zimswitch as a national payment switch.Reserve Bank of Zimbabwe Suspends Mobile Money ServiceOwned by banks, Zimswitch
Read More
European crypto asset manager, CoinShares, announced the launch of its new trading business, CoinShares Capital Markets, or CSCM, on May 7.The subsidiary comprises a rebranding of GABI Trading, with CoinShares now entering into the final stages of acquiring the firm. In 2019, the firm processed more than $3 billion worth of
Read More
Dante Disparte, Vice-Chair of the Libra Association, said that he was unconcerned by recent high-profile departures from the project just two weeks after Vodafone became the latest name to ditch the proposed digital coin. Speaking to CoinDesk at the World Economic Forum in Davos last week, Disparte said that the Libra
Read More