“Heart + Craft”: snowfro and Prohibition Founder Jordan Lyall Collaborate on a Groundbreaking Generative Art Drop In an exciting fusion of creativity and the NFT world, Art Blocks founder Erick “snowfro” Calderon is set to launch “Heart + Craft”. This generative art drop aims to captivate collectors with its unique twist, incorporating elements of snowfro’s previous work and the NFT …
Continue ReadingEl Salvador has made headlines this year by becoming the first country in the world to adopt Bitcoin as its official currency. This move, spearheaded by President Nayib Bukele, has sparked both praise and concerns from the international community. While some experts and financial institutions, such as the International Monetary Fund (IMF), have expressed worries about the potential destabilization of …
Continue ReadingCoinbase Concludes OnChain Summer Festival with Coca-Cola NFTs Leading cryptocurrency exchange Coinbase wrapped up its blockchain festival ‘OnChain Summer’ by introducing Coca-Cola NFTs that combine classic artworks with emerging talent. These NFTs, known as ‘Masterpieces,’ are housed within the iconic Coca-Cola bottle on Coinbase’s Ethereum-based platform, ‘Base.’ The unveiling of these digital collectibles took place on August 13. The collection …
Continue ReadingZynga, the gaming powerhouse known for popular titles like FarmVille, is making a splash in the blockchain gaming industry with its first-ever NFT venture, Sugartown. This whimsical game, powered by Ethereum’s NFT technology, invites players to embark on a captivating journey through an alternate dimension. In this dimension, three adorable farm animals introduce Oras, enchanting creatures that bring Sugartown to …
Continue ReadingCryptocurrency industry veteran John Deaton has shared his insights on the complex relationship between the industry and the U.S. Securities and Exchange Commission (SEC). In a recent statement, Deaton echoed the sentiments of Coinbase’s Paul Grewal, highlighting the unintended consequences of the SEC’s current strategy. Deaton drew attention to the challenges faced by businesses seeking to comply with regulatory standards, …
Continue ReadingGrimes, the Canadian artist known for her music, has earned more from her NFT collection than she has from her entire music career. The collection, which has reached approximately $6 million, has brought both success and concern for Grimes. She worries about the increasing commercialization of the NFT and crypto space, as many individuals are primarily driven by financial motives. …
Continue ReadingSupreme Court Decision Favors Apple, Epic Games’ Lawsuit Against App Store Guidelines Continues The U.S. Supreme Court’s recent decision has dealt a major blow to Epic Games, the creators of the widely popular video game “Fortnite.” The court has chosen not to enforce a federal judge’s injunction, allowing Apple the opportunity to appeal the decision to the Supreme Court. In …
Continue ReadingInvestors worldwide are anxiously awaiting the decision of the United States Securities and Exchange Commission (SEC) regarding the approval of a Bitcoin spot exchange-traded fund (ETF). This decision has the potential to be a groundbreaking moment for cryptocurrencies. The SEC has two options: either take more time to make a decision or outright reject the ETF applications. While rejection is …
Continue ReadingBinance Labs, the venture capital arm of the world’s largest cryptocurrency exchange, has announced a $5 million investment in the Curve DAO Token (CRV). This token is a key component of the Curve decentralized exchange (DEX) on the Ethereum blockchain. In addition to the investment, Binance and Curve are exploring the possibility of deploying the DEX on Binance’s BNB chain. …
Continue ReadingJudge Torres has announced that the lawsuit between the U.S. Securities and Exchange Commission (SEC) and Ripple Labs will proceed to a jury trial in the second quarter of 2024. This development has significant implications for the cryptocurrency market. The key dates set by Judge Torres for the trial are as follows: – August 23, 2023: Both parties must submit …
Continue Reading