Day: December 12, 2020

New partnership turns up the volume in crowded blockchain-backed music space

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Today, a freshly-announced partnership between the music-focused blockchain protocol Utopia Genesis Foundation and digital securities issuance platform STOKR makes it clear that the two companies are looking to heat up competition in the increasingly crowded blockchain-backed music space. In a press release from Utopia Genesis, the company laid out a series of ways that the collaboration would help artists tokenize and securitize their work, as well as allow listeners access to unique investment vehicles. The release says that Utopia Genesis’ partnership with STOKR “will allow artists and owners of the…

Linda Lacewell: A Friendlier Regulator

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“All the regulation that is needed and not a drop more.” That’s the approach New York’s top financial regulator said she’s taking toward the crypto sector, just under two years after first taking on the position.  This article is part of CryptoX’s Most Influential 2020 – a list of impactful people in crypto chosen by readers and staff. The NFT of the artwork, by Sarah Zucker, is available for auction at Nifty Gateway, with 50% of the sale proceeds going to charity. Linda Lacewell, the Superintendent of the New York…

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The ‘12 Days of Zombie Christmas’ to auction NFT holiday horrors for charity

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Darren Kleine, known to most by his handle DKleine, is an NFT artist with a decidedly specific niche — Zombies. We’re talking crypto zombies, political zombies, mustachioed Salvador Dali zombies. Zombies of all shapes, sizes, and orientations! If it’s green, dismembered, and loves the savory taste of a good brain, it’s ripe for tokenization (and charity) so far as Mr. Kleine is concerned. What started as a quasi-political statement just a few short months ago (his first zombie NFT was a decaying Donald Trump, still running for president in 2040)…

Crypto Market Sentiment Improves; EOS is the Week's Winner

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io The combined moving 7-day average crypto market sentiment score (sentscore) for the top 9 coins by market capitalization stands at 5.92 – higher than last week (5.68) and on the verge of the positive zone, as the data by crypto market sentiment analysis service Omenics show. This week it doesn’t include bitcoin cash (BCH) which went through another hard fork a week ago. In either case, large majority of the coins have seen their individual scores increase over the past seven days.…

Audioreactive NFT collab between deadmau5 and Sutu to drop on SuperRare

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Augmented reality artist Sutu is teaming up with Canadian DJ and producer deadmau5 to drop a 30-second audio-reactive artwork as a non-fungible token next week. The video, entitled In Titan’s Light is a 30-second loop paired with a section of the deadmau5 track SATRN. Sutu’s virtual reality work has been featured in movies like Ready Player One, in which he designed the Distracted Globe, an ‘80s-inspired nightclub, and he has worked with artists like John Legend and The Weeknd on Wave virtual concerts. He describes the scene as “a golden…

₿ 👍🏾 Ripple Hiring Economist, Ethereum’s Next Steps, 2 Coinbase News & Grayscale Split

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io 🛑 Ripple Hiring Chief Economist to Manage Massive Crypto Portfolio, Oversee 54,642,632,616 XRP. Vitalik Buterin outlines next steps for Ethereum 👉🏾👉🏾Click “SHOW MORE” for Additional Info. & Disclosures 👈🏾👈🏾 after Beacon Chain launch. Coinbase Will Let You Stake and Trade Ethereum 2.0 Tokens. Coinbase Faciliated MicroStrategy’s $425M Bitcoin Purchase Without Moving The Market. Grayscale Ethereum Trust to implement 9-for-1 share split. Reuters runs the headline Bitcoiners have longed to read. 00:00 0️⃣ Greeting & Updates 00:26 1️⃣ Ripple Hiring Chief Economist to…

Microstrategy Completes $650 Million Capital Raise to Fund More Bitcoin Purchases

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Microstrategy Inc. has raised $650 million from the sale of convertible senior notes so that it could buy more bitcoin. In a note to investors on Dec. 11, the business intelligence and mobile software firm said it completed the sale of $650 million in convertible bonds to private investors at 0.75% interest per year. The sale was closed just days after Microstrategy made the initial offer, which intended to raise $400 million. Microstrategy plans to use the net proceeds – about $635 million after expenses – to buy bitcoin (BTC).…

Africa is the future of DeFi, argues Cardano’s Charles Hoskinson

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In one of his frequent Youtube missives to his following, CEO of IOHK — the developers behind the Cardano Blockchain — Charles Hoskinson revealed that the company’s long-term developmental focus will hinge on Africa, going so far as to say the world’s second-most populous continent might be the future for decentralized finance (DeFi) development.  ““When we ask ourselves, ‘who will be the consumers of DeFi who will be in need of identity systems and payment systems and new ways of representing equities’ — will it be the ossified, highly regulated…