Day: September 22, 2021

Burger King Launches ‘Keep It Real Meals’ NFT Campaign With Digital Collectibles Market Sweet – Blockchain Bitcoin News

On Tuesday, the fast food restaurant chain Burger King announced the company has launched a non-fungible token (NFT) campaign called the “Keep It Real Meals” initiative. The campaign is in collaboration with the NFT marketplace Sweet and will feature celebrities like Nelly, Anitta, and LILHUDDY. Six Million Meal Boxes With Burger King NFTs The NFT marketplace Sweet has revealed a partnership with fast food giant Burger King on Tuesday. Burger King has entered the NFT fray and the new campaign is quite different from other NFT concepts. The Burger King…

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Trading Platform eToro to Delay Public Debut Until Fourth Quarter — CoinDesk

“We have been working closely with the [U.S. Securities and Exchange Commission] since before we publicly announced the transaction and continue to do so,” eToro said. “We are in the final stages of comments from the SEC. Once we have final approval, the transaction goes to a vote with the FTCV shareholders which takes 20 days and then it takes a few more days to finalize the transaction. Given this timeline and where we are today, we wanted to be transparent with the market that a Q3 closing was no…

What Is DeFi?

DeFi is short for “decentralized finance,” an umbrella term for a variety of financial applications in cryptocurrency or blockchain geared toward disrupting financial intermediaries. DeFi draws inspiration from blockchain, the technology behind the digital currency bitcoin, which allows several entities to hold a copy of a history of transactions, meaning it isn’t controlled by a single, central source. That’s important because centralized systems and human gatekeepers can limit the speed and sophistication of transactions while offering users less direct control over their money. DeFi is distinct because it expands the…

Cabital To Facilitate Euro And Cryptocurrency Swaps Through SEPA Intergration

Users of Cabital can now change their Euro to cryptocurrency, thanks to a recent integration by the digital asset institution. The Single Euro Payments Area facilitates such changes, plus making cashless payments in EUR through direct debit and credit transfer. Cabital is a platform where users can sell, buy, or save crypto. It offers opportunities to earn passive income on savings. Related Reading | Bitcoin Holders Take Profits As Price Falls, Indicators Remain Bullish?  According to them, you can make 12% APY on cryptocurrency with them. Moreover, there are no hidden…

Crypto Twitter cries foul after noticing NBA star John Wall’s NFT has a Fortnite background

The team behind the design of NBA Houston Rockets player John Wall’s non-fungible token may have ripped off one of the backgrounds directly from the popular online game Fortnite. Wall first announced he planned to release a line of “Baby Baller” non-fungible tokens, or NFTs, on Sept. 21 to raise $100,000 for charity and the “Ballers community.” However, once he posted a preview of the tokenized artwork on Twitter, social media users were quick to notice that the background appeared to be lifted from Fortnite. The image, available on season…

BlockFi Gets Another Extension From NJ Regulators on New Interest Accounts Ban — CoinDesk

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Solana-Based DEX Orca Raises $18M Series A Funding

Orca, a Solana-based decentralized exchange (DEX), has raised $18 million in Series A funding led by Polychain, Three Arrows Capital and Placeholder. Other participants in the funding round include Coinbase Ventures, Jump Capital, Sino Global Capital and Solana Capital, Orca announced Wednesday. Orca will use the funding injection to continue developing its automated market maker (AMM). Launched in February this year, Orca aspires to be the “go-to swap for the Solana ecosystem,” through creating a next-generation AMM with the simplest user experience. Orca launched its governance last month and now…

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Who Watches the Chain Watchers?

Yesterday we had a major scoop from CoinDesk’s Danny Nelson, who unearthed a set of slides showing the crypto investigations firm Chainalysis has been running a wallet explorer site that scrapes users’ IP addresses as part of the firm’s investigative services for law enforcement agencies. While the idea of a honeypot website harvesting IP data is definitely creepy, I would argue Chainalysis’ apparent methods here are laudable because the data is gathered as part of targeted investigations rather than as a form of sweeping surveillance. Legislators around the world sometimes…