JPMorgan Chase CEO Jamie Dimon sees decentralized finance (defi) and blockchain as real, new technologies that can be deployed in both private and public fashion. He also noted that JPMorgan is at the forefront of this innovation. JPMorgan’s Jamie Dimon Praises Defi and Blockchain JPMorgan CEO Jamie Dimon recognized the merit of decentralized finance (defi) […]
The former CEO of the bankrupt bitcoin exchange Mt Gox, Mark Karpeles, announced he has launched a non-fungible token (NFT) project that will give Mt Gox customers registered between 2010 and 2014 an airdropped NFT. The Mt Gox NFTs are ERC721-compatible tokens that claim to provide “specific use cases.” Former Exchange CEO Announces Commemorative Mt […]
Ravendex, a non-custodial decentralized exchange built on the Cardano network has announced listing on popular cryptocurrency exchange Bitrue, just a few days after the platform revealed its NFT staking release. This marks the third listing the emerging DEX has experienced since its launch. Ravendex had earlier seen listings on the world’s leading price-tracking website for […]
To raise funds to assist its army and civilians who have been harmed by the ongoing Russian attack, Ukraine has launched its NFT museum of war. With just a few days having passed since Russia began its invasion of Ukraine, the Ukrainian government announced an appeal for contributions in cryptocurrencies such as Bitcoin, Ether, and USDT to aid in the support of its soldiers and citizens who had been displaced by the invasion. The response to this appeal for donations was overwhelmingly encouraging from the crypto community. According to Elliptic, a cryptocurrency analytics company, the appeal for donations netted more than $60 million in contributions. After previously planning to issue an airdrop to people who have donated crypto to help the country, Ukraine decided to go with an NFT project instead, hoping that more individuals will donate as a result of the sale of NFTs, as donors will have confirmation that they have made a donation. Ukraine’s NFT Museum of War The museum, which is named Meta History: Museum of War, was established to commemorate the Ukrainian identity and independence with NFTs depicting various days of the ongoing war. In it, a variety of digital images are shown, including warplane silhouettes, cartoon explosion images, and various photos of news stories. A statement from Ukraine’s Ministry of Digital Transformation said that the project’s purpose is to preserve the memory of the genuine events of the war period, to transmit honest information throughout the digital community across the globe, and to collect contributions for the assistance of Ukraine. According to the website, each NFT will be sold for 0.15 ETH, and all revenues from the sale will be deposited into the country’s cryptocurrency wallet. NFTs are digital tokens that can be sold and traded. They contain valuable data stored on a blockchain, which is a type of digital ledger. It seems the Ukrainian government is looking to take advantage of the recent popularity of NFTs to bring in donations.
A project bringing the functionality of traditional finance to crypto investing is exploding after a surprise listing from Coinbase. The US-based cryptocurrency exchange announced in a tweet that Crypterium (CRPT) is now available on its main website as well as Android and iOS apps. Crypterium (CRPT) is now live on https://t.co/CD3RBjtMAO & in the Coinbase […]
The US DOJ Charged Ethereum NFT project creators of Frosties for a “rug pull” and wire fraud as well as money laundering so let’s read further in today’s latest Ethereum news. The US DOJ charged Ethereum NFT project creators for defrauding buyers of an NFT project. Andre Llacuna and Ethan Nguyen are the creators of […]
Hollywood star Sylvester Stallone will launch an NFT collection featuring Rocky and Rambo and will offer exclusive perks for its holders including meet and greet with the actor himself so let’s read more in today’s latest altcoin news. Sylvester Stallone will join the list of celebrities selling NFTs to their fans and he created the […]
Nexo Launched $150 million fund to invest in Web3 and it is the biggest company to launch such a VC branch as we can see more in today’s latest cryptocurrency news. The interest in web3 continues to increase with more companies racing to invest in the new best thing. Nexo is a well-known crypto participant […]