Day: September 21, 2022

Blurring the line between crypto and TradFi could redefine global finance

Despite the current struggle in the global economy, the gap between traditional finance (TradFi) and crypto seems to be closing with each passing day.  For example, earlier this month, Vienna-based fintech unicorn Bitpanda announced that it was adding commodities to its list of investment options, thus allowing investors to rake in profits from short-term price fluctuations related to traditional instruments such as oil, natural gas and wheat. In a recent interview with Cointelegraph, the company’s CEO, Eric Demuth, noted that the bear market had had no major impact on investor…

BTC, ETH Consolidate as Some Expect Fed to Hike Rates by 1%  – Bitcoin News

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Bitcoin fell below $19,000 on Wednesday, as markets prepared for a potential 100 basis point interest rate hike from the United States central bank. Although the consensus for a rate increase remains at 0.75%, some believe that with inflation remaining at historically high levels, a 1.00% hike could be on the cards. Ethereum remained lower on the news, trading marginally above $1,300. Bitcoin Bitcoin (BTC) fell below $19,000 earlier in the day, as traders began to prepare for today’s Federal Open Market Committee (FOMC) meeting. Market uncertainty remains rife as…

Digital Dollar Likely Won’t Be Part of Retail Banking World, US Lawmaker Says

I sometimes joke, this is a really interesting and important space, but it was introduced to the Congress in just about the most catastrophic way possible. And, of course, I’m referring to the hearings that the Financial Services Committee held on Libra. Prior to that, I don’t know that many members of Congress had ever even considered the concept of a stablecoin or knew much about digital assets. I sometimes joke that if you had a bunch of evil lobbyists sitting around after a bottle of whiskey and saying, “what’s…

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Funko Teams Up With Warner Brothers for DC Comics’ NFT Release

Funko’s aim is to “marry the two worlds” of physical and digital collecting, CEO Andrew Perlmutter said in an interview. DC fans who purchase the collectible can connect their crypto wallet and claim the NFT online, minted on the World Asset eXchange blockchain (WAX) – a network that supports 60 million NFTs (including ones issued previously by Funko, Topps, Atari and other mainstream brands) and 30,000 dapps. Source

How to find NFT metadata on OpenSea and Rarible?

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NFTs are a game-changing technology, providing ownership for digital assets and serving as certificates for holders or access keys for the underlying content, which could be music, movies, art, real estate, and a lot of other stuff. However, what makes nonfungible tokens (NFTs) useful in real terms is metadata. It may not be a buzzword exactly but it ensures the user is able to make out what the NFT is all about. Metadata is information about the content that an NFT represents. As large files cannot be stored on the…

Introducing ‘Women Who Web3’ – CoinDesk’s Newest Podcast

When Kamz took to the booth and did her thing, the stars aligned in such a way that can only be described as Consensus magic. CoinDesk’s Executive Producer of Podcasts Jared Schwartz’s ears perked up as soon as Kamz started talking. According to Schwartz, who has been in the podcasting biz for 15 years, Kamz has all the makings of a great podcast host. She is charismatic, conversational, passionate, asks smart questions and can pivot on the fly. Source