Though debuting as an invite-only platform, for now, the Crypto.com NFT Marketplace will notably onboard more creators in the near future according to Joe Conyers III who has been appointed to lead the new outfit. Hong Kong-based cryptocurrency exchange Crypto.com has unveiled the launch of its Non-Fungible Token (NFT) marketplace, touting it to be the most user-friendly NFT platform to be created. Per the official announcement, the trading firm unveiled a host of artists, sports veterans, and others that will be creating exclusive content for the platform which is billed…
Month: March 2021
Ethereum-based Decentralized Exchange Uniswap Unveils Timeline for Version 3 Launch
The Uniswap Version 3 will introduce major changes in terms of giving better control to LPs over their money as well as setting up a dynamic fee structure for different pools. On Tuesday, March 23, popular decentralized exchange (DEX) Uniswap finally announced the launch of its much-awaited Version 3. With the DeFi craze over the last few months, Uniswap (UNI) has emerged as the largest DEX platform in the crypto world. Besides, its native UNI DeFi token is now the eighth-largest crypto in the world. In its announcement on Tuesday, Uniswap…
Convergence Protocol Set to List $CONV Tokens on Polkastater for Its Lucky IDO Draw Winners to Participate
Convergence protocol is set to offer users the ability to tokenize real-world assets. Decentralized interchangeable asset protocol Convergence has announced the closure of its IDO draw and set to list its $CONV tokens in Polkastater on March 25, 2021. The Convergence team previously announced that over 1000 lucky winners will participate in the project’s launch on Polkastater. “The Convergence team is excited to announce that the whitelist emails are sent to over 1000 community members,” Convergence said through a Medium post earlier this week. Notably, the selected lucky winners are…
Beeple’s NFT ‘Ocean Front’ Sells for $6M, Proceed to Be Donated to Charity
The beneficiary of the Ocean Front NFT sale will be The Open Earth Foundation. Graphic designer and Non-Fungible Token (NFT) artist Mike Winkelmann also known as Beeple has sold yet another artwork for $6million. The work that was as an NFT is dubbed “Ocean Front” and aims to speak to the current earth’s climate change challenge, and it features a tree sitting on an image of trailers and shipping containers sitting atop a platform on an ocean floor. The artwork which was reportedly part of Beeple’s “Everydays” series had the…
IHS Markit Reports 3% Organic Growth in Revenue in Q1 2021
IHS Markit highlighted the operating performance in some of the company’s segments including Financial Services, Transportation, Resources, and Consolidated Markets & Solutions. Financial services company IHS Markit Ltd (NYSE: INFO) has released its earnings results for Q1 2021, which ended on the 28th of February. In the result published on the 23rd of March, the company said revenue in Q1 2021 was $1.120 billion, with 3% total organic growth. IHS Markit’s CEO and chairman, Lance Uggla, expressed his excitement over the earnings result. The CEO said that the company is pleased…
New AML Rules in South Korea Force Crypto Exchange OKEx to Shut Down
Crypto exchanges OKEX gave an official notice asking users to close their trading positions and withdraw all their funds by the deadline period of April 7. South Korea’s new anti-money laundering rules for crypto operations have finally started rolling in. The country’s most popular cryptocurrency exchange OKEx is the first victim of it. The arm of OKEx in South Korea has finally decided to shut shop rather than navigating through the regulatory hurdles. OKEx made an official announcement for that same through a termination notice. The notice informs all of…
TRON Partners with MixMarvel to Integrate Cross-Chain NFT Marketplace
Justin Sun, the founder of TRON and CEO of BitTorrent, celebrated the partnership with MixMarvel, and looked forward to bringing its NFT marketplace to the TRON blockchain. Cryptocurrency network TRON (TRX) has entered into a strategic partnership with MixMarvel, a blockchain-based global game publishing platform, to develop NFT capabilities on the smart contract blockchain. The partnership is expected to see MixMarvel’s Non-Fungible Token (NFT) features brought to the TRON blockchain as part of the latter’s ongoing expansion into decentralized finance. The integration will also see MixMarvel’s blockchain protocol made compatible…
Top Six Brands that Joined NFT Trend
Procter and Gamble’s Lavatory Paper, through its brand, Charmin announced its interest in the NFT bandwagon by introducing a Non-Fungible Toilet Paper. NFT is a short term for Non-Fungible Tokens. Fungible tokens can directly be substituted or exchanged as they all belong to the same asset class. Typical examples are cryptocurrencies such as Bitcoin, Ethereum, and fiats such as USD, EUR, etc. Non-fungible assets are non-equal assets designed on the blockchain. An example is a movie ticket (which is meant for a specific movie). Today, many brands or companies are…
Microsoft in Talks for $10 Billion Takeover of Discord
Many analysts believe that this move by Microsoft should be viewed as a strategic one. Redmond Washington-based American multinational technology company, Microsoft Corporation (NASDAQ: MSFT) is in talks to takeover VoIP, instant messaging and platform, Discord in a deal that could be worth $10 billion. Per the reports, first revealed by Bloomberg citing people familiar with the matter, the video-game chat outfit is also in talks with other potential buyers, but no deal is imminent yet. VentureBeat broke a report on Monday Discord is considering a $10 billion sales offer…
ByteDance Acquires Moonton via Nuverse at Around $4B Valuation, Takes on Tencent
According to Yuan Jing CEO of Moonton, Moonton will operate independently from ByteDance following the acquisition. Multinational internet technology company ByteDance through its subsidiary Nuverse, its video gaming unit, has acquired Moonton, a Shanghai-based video game developer. According to news outlet Reuters, people familiar with the matter disclosed that the deal values Moonton at approximately $4 billion. Reportedly, Tencent Holdings Ltd had made a similar bid to acquire Moonton but ByteDance quickly matched the deal. As a result, ByteDance is well-positioned to compete with Tencent in the global gaming industry, which…