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US paytech Stax hits $1bn valuation with $245m funding round

Stax has grown 500% in the past three years and processed more than $23 billion in payments.

U.S President Joe Biden signs executive order on cryptocurrencies.

According to a press release by the White House, U.S. President Joe Biden has signed an executive order directing federal agencies to collaborate in examining the risks and benefits of digital assets. “The rise in digital assets creates an opportunity to reinforce American leadership in the global financial system and at the technological frontier, but […]

Technicorum and Tradera Launched the First NFT Project with Sweden’s Most Prominent Artist Ernst Billgren

Technicorum Holdings, a global investment and compliance company headquartered in Singapore, specialising in digital assets like blockchain-based products, today announced the launch of "Twelve Gates" Non-Fungible Tokens with Ernst Billgren and Tradera.com. The digital collectibles, created by one of Sweden's most prominent artists and authors, will be showcased in an auction online at Tradera.com from March 15th, 2022, until March 27th, 2022.


Ernst Billgren, one of Sweden's most famous artists and celebrities, together with Tradera, the leading circular economy marketplace in Sweden, will now start its collaboration in the NFT sphere. The aim is to investigate the potential that blockchain technology provides to the art industry, such as traceability of sales, automatic percentage of future sales going to the original creator, ownership status, and the future possibility of evolving definitions of what art is and what can be bought and sold in the art context. 

The first NFT auction will start on the 15th of March 2022 at Tradera.com. The auction includes a digital art piece, a physical painting, and a text about art written by Ernst. Bidding will be made in Swedish Krona. The buyer and seller may also agree on doing the transaction in another fiat or crypto currency. 

The NFT series is curated by Jan Åman and Daniel Daboczy, in a series of twelve works of art called the "Twelve Gates," with the first artwork being called "EGO". Ernst Billgren's physical oil painting "EGO" is extended into a digital world through NFTs. The painting will also be showcased at Taverna Brillo in Stockholm.

Commenting on the collaboration with Ernst Billgren and Tradera.com, Daniel Daboczy, Chief Executive Officer of Technicorum Holdings, said, "Our development team has global experience in developing smart contracts with high accuracy and enhanced security measures." Daniel also added: "Our primary aim is to create high-standard smart contracts for the Ernst Billgren and Tradera.com NFT projects and ensure that the protocols are programmed with respect to Tradera.com's NFT marketplace business models."

"The digital art industry needs a solution to verify authenticity and ownership, and artists are looking for opportunities to monetise on the value increase of their work. NFT technology could be the solution. We aim to examine this together with established, well-known artists, and we're excited to start with Ernst Billgren." said Stefan Öberg, CEO of Tradera.

The digital and physical artwork "EGO" will be auctioned on Tradera.com. All artworks will have a unique digital smart contract that will be deployed by Technicorum Holdings. The digital collectible is programmed on open-source blockchain software with a unique digital signature that makes it impossible for it to be exchanged interchangeably. The full ownership of the artwork and transaction will be recorded on the blockchain network and made transparent to the public.

ABOUT TRADERA

Tradera.com is the leading circular economy marketplace in Sweden, based in Stockholm. Tradera has over 3 million members, 6 million weekly visits, and more than 4 million listings. Items on Tradera are sold by both private consumers and businesses and range from fashion interior design to tech and collectibles. Tradera users are primarily based in northern Europe and they can purchase second-hand items through auctions and fixed-price listings. Tradera was founded in 1999 and was acquired by eBay Inc in 2006. The company was then acquired by Paypal. Since December 2021 the company is wholly owned by the management team of Tradera. 

ABOUT TECHNICORUM GROUP

Technicorum Holdings comprises several subsidiaries, some of which are regulated and specialise in various industries in the field of digital assets, DeFi, GameFi, SocialFi, the Metaverse, etc. Its fully owned subsidiary, Gravitas International Associates Pte Ltd, is a Singapore-registered Fintech company certified by Singapore FinTech Association as an authorised blockchain & DLT provider, e-wallet, core banking, digital exchange Platforms, digitisation and tokenization, platforms, products, and services. The Technicorum group has numerous reference projects, and clients, including over 100 ICOs/IEOs/IDOs/STOs completed through its subsidiaries over the last four years.

Website: https://www.technicorum.com/

Media Contact: [email protected]

Press Contact

Company Name: Technicorum Holdings

Contact Person: Vytautas Visinskis

Email: [email protected]

Website: https://www.technicorum.com/ 

SOURCE: Technicorum Holdings

Avalanche Foundation Launches $290 Million ‘Multiverse’ Incentives Program for Subnets

avalanche foundationThe Avalanche Foundation has announced a new incentives program to support the use of subnets. The organization announced that the program, dubbed “Multiverse,” will connect developers with a fund of up to $290 million, approximately 4 million AVAX, to incentivize the growth of subnets, a trait that allows AVAX to spur multiple networks that share […]

Biden signs Bitcoin executive order. Bitcoin sharply up

  By FintechNews staff Bitcoin and other cryptocurrencies were higher Wednesday after President Joe Biden announced his highly anticipated executive order on digital assets that appeared to take a supportive stance toward the industry. Bitcoin was last trading at $41,944, around 8% higher, according to Coin Metrics. Other cryptocurrencies including ether were also sharply higher. […]

The post Biden signs Bitcoin executive order. Bitcoin sharply up appeared first on Fintech News.

Executive Order Legitimizes Crypto, Prices Soar

News of Biden’s Newly Signed Executive Order

Igloo Raised US$19 Million Series B, Promotes Raunak Mehta as Co-founder and CEO

Regional insurtech firm Igloo announced that it has raised US$19 million in Series B funding round and promoted Raunak Mehta as its new Co-founder and Chief Executive Officer (CEO). The

The post Igloo Raised US$19 Million Series B, Promotes Raunak Mehta as Co-founder and CEO appeared first on Fintech Singapore.

Robert Kiyosaki Says ‘We Are in Biggest Bubble in World History’ — Warns Government Will Seize All Cryptocurrencies

Robert Kiyosaki Says 'We Are in Biggest Bubble in World History' — Warns Government Will Seize All CryptocurrenciesThe famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has made some gloomy predictions about the economy and the future of cryptocurrency. Besides warning that we are in the biggest bubble in world history, Kiyosaki has predicted that the government will seize all cryptocurrencies. Robert Kiyosaki Warns of the Biggest […]

Onchain: Biden’s executive order, crypto war and DeFi loses a legend

Story One

Biden signs executive order on crypto

Joe Biden has just signed a long-awaited executive order on cryptocurrency. A wide-ranging document, the order discusses the creation of a digital dollar, regulation of crypto exchanges and the role of crypto in money laundering, ransomware and, yes, evading sanctions.

However, Treasury

DOST To Launch Decentralized Innovation Centers in PH Universities

The TBI program aims to carry out an innovation mandate to support startups in developing products and services that utilize emerging technologies while promoting innovation by providing all the necessary resources and support.

The post DOST To Launch Decentralized Innovation Centers in PH Universities appeared first on BitPinas.

FalconStor Software Announces Fourth Quarter and Full Year 2021 Results

Continued Managed Service Provider Adoption and Hybrid Cloud Momentum Fuel Subscription Revenue Growth Generated a 20% year-over-year increase in software subscription revenue for Q4 and a 40% year-over-year increase for full year of 2021 Added three new MSP partners for the StorSafe secure backup-as-a-service solution while existing MSP partners expanded their business to protect new […]

The post FalconStor Software Announces Fourth Quarter and Full Year 2021 Results appeared first on Fintech News.

HarmonyTech Appoints Randy “RJ” Kolton Executive Vice President and…

Randy "RJ" Kolton has been appointed as the Executive Vice President and Chief Operating Officer of HarmonyTech, Inc.

(PRWeb March 10, 2022)

Read the full story at https://www.prweb.com/releases/harmonytech_appoints_randy_rj_kolton_executive_vice_president_and_chief_operating_officer/prweb18540525.htm

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