Category Archive for: Cryptocurrency

Brands gone wild. The NFT bandwagon.

A couple of months after #NFTs caught the public imagination with the $69 million #Beeple Christy’s auction, it has been fascinating to see how brands have scrambled to jump on the NFT bandwagon. Everyone is talking about NFTs but very few people understand them. Luxury #brands are minting virtual sneakers, QSR brands are out minting pixelated pizza and taco GIFs, and even…

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Elon flops. Tesla not accepting Bitcoin.

Elon Musk, who has become a volatile force in the #cryptocurrency universe, said Tesla is no longer accepting Bitcoin Inc. as payment for purchases of its #electricvehicles owing to the excessive amount of carbon-based energy it uses. Bitcoin plunged following his comments. The sudden move is a curious one since Tesla’s recent $1.5 billion Bitcoin investment triggered a surge in the currency’s value. It also…

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Cryptopunks x Christie’s = $17M

A lot of 9 CryptoPunks portraits ended up selling for just under $17 million in a Christie’s auction Tuesday evening, marking another substantial moment for #NFT art sales. The lot of pixelated portraits were from the collection of the NFT platform’s co-creators Matt Hall and John Watkinson. The CryptoPunks platform is one of the first NFT projects on the Ethereum#blockchain. Back in…

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EPIC building OASIS from Ready Player One!

If you saw the 2018 movie Ready Player One, you may remember the Oasis: a glitzy, fast-paced #metaverse with gleaming cities, beautiful people (or, avatars, to be precise), and excitement of many varieties; in short, the perfect escape from the drudgery of real life. Epic Games has just raised $1B to start on its quest to build its…

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Go Dapper Go

#Canadian NFT crypto player Dapper Labs is raising money at an over $7.5 Billion valuation! The rush of enthusiasm for blockchain-based collectibles is driving an extraordinary surge of investor interest in Dapper Labs, the developer of collectibles like NBA Top Shot and CryptoKitties. Just a few weeks after Dapper Labs raised $305 million at a valuation of $2.6 billion,…

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Gartner’s Emerging Tech & Trends Impact Radar

Gartner‘s fascinating look at emerging tech trends, adoption, and the future – with 3 themes – Interfaces and experiences; Business enablers; and Productivity revolution. The rings represent the range, which estimates the number of years it will take until the technology or trend crosses from early adopter to early majority adopter. The size and color…

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Visa goes big into Crypto

Yes, the tide is shifting and Visa moving with it. Reuters, announced that the payments giant will roll out a pilot program with #crypto platform Crypto.com. Crypto.com already offers its users a Visa card. However, any payments used by the cryptocurrency card have to be converted to fiat, which adds costs and complexities for merchants. Here’s the new process:> A Crypto.com Visa…

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