Day: June 6, 2022

How Fractional Ownership Is Bringing Iconic Real-World Objects To The Public

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Fractional ownership has become a hot topic in the decentralized world. Now that many industries have integrated blockchain technology, which are the latest industries jumping aboard the trend of fractionalization? How can it improve accessibility to the market of high-end collectibles? Read on to find out. Driven by fast-paced blockchain technology adoption, the concept of fractional ownership has had a recent increase in its usage and familiarity on the world scene. As a result, what was once an idea understood mainly by those operating in the stock market is now…

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How Passing a Stablecoin Bill Protects Crypto Investors

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Friday, June 3rd, was a landmark event for the Japanese. The federal parliament successfully passed a law that legalized and regulated stablecoins. This event occurs a month after Terra’s UST stablecoin collapsed and caused multi-billion dollar losses in the crypto industry.  Japan’s new bill is an example of how stablecoins can be utilized to uphold public trust, regulate the industry, and reduce financial crimes like fraud and embezzlement. Japan Legalizes Stablecoins Among the major economies in the world, Japan has become the first country to legalize and establish a framework…

Monthly NFT Sales Have Dropped Over 65% Lower Than the Month Prior, NFT Google Queries Sink – Markets and Prices Bitcoin News

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Non-fungible token (NFT) sales are down a great deal, as 30-day statistics show NFT sales recorded last month saw just over $4.6 billion settled but today, sales are down 65.43% to $1.59 billion. Furthermore, Google Trends data indicates that interest in NFTs has dropped to the lowest point since the first week of October 2021. From $4.6 Billion to $1.5 Billion — NFT Sales Slide More Than 65% Lower Than the Month Before Over the last two years, non-fungible tokens (NFTs) have become very popular and a billion-dollar industry in…

New York Mining ‘Ban’ Is a Green Opportunity

Moreover, earlier this year, chair of the Senate Environmental Conservation Committee and the author of New York’s Climate Leadership and Community Protection Act, Todd Kaminsky, which requires the state to get to net-zero electricity by 2040, spoke out against the bill. Likewise, the International Brotherhood of Electrical Workers (IBEW) also wrote a memorandum of opposition to an earlier draft last year. Source

Creator Summit, NFTs and Music

End the Creator Summit on a hopeful but cautionary note with “Building a Better Future,” back on the Main Stage from 4:35 p.m. to 5:15 p.m. Turning the promise of Web 3 into a reality means we must consciously avoid replicating the old system on new rails. Join Parker Jay-Pachirat, head of community at Fintech Collective’s DeFi Fund and a founding member of Boys Club, and photographer/filmmaker Brittany Pierre, leader of RugRadio BIPOCNFT Space, in a conversation moderated by Josh Ong, co-founder of Bored Room Ventures, an NFT fund and…

How adoption is changing crypto company structures

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Crypto-focused companies have come a long way since their beginnings in terms of corporate structure, employee motivation, decision-making systems, compliance and other aspects of their operations. While the early 2010s saw startups founded by small groups of crypto enthusiasts, the space has since grown to become home to large institutional businesses. Still, crypto companies are engaged in business, and business is alien to anarchy. The rapid growth of the cryptocurrency industry in the 2010s transformed small, independent businesses into huge conglomerates with thousands of employees and offices worldwide. Investment funds…

ADA up 13% on Monday, THETA Moving Towards Multi-Week High – Market Updates Bitcoin News

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Crypto markets were mainly in the green to start the week, with several assets climbing by double digits on Monday. One of these was ADA, which rose by as much as 13% today. THETA also climbed higher, gaining nearly 15%. Cardano (ADA) ADA was one of the most notable movers on Monday, as prices surged back towards a long-term resistance level. Monday saw ADA/USD rally to an intraday high of $0.6435, which is the highest point it has reached since May 31. This move, which started at support of $0.5560,…

DESK Updates

Initially, issuance and use of the DESK token will be limited to the 2022 Consensus festival taking place in Austin, Texas, June 9-12. Attendees were invited to participate in limited DESK airdrops in the weeks leading up to Consensus. During the festival, attendees can collect DESK by participating in festival activities, e.g., attending sessions, visiting specific locations and attending parties. Consensus attendees will have opportunities to trade their accumulated DESK for food, drinks and novelty items. Source