“This year’s FIFA World Cup will be the first to leverage Web3 technology,” Steven Kalifowitz, chief marketing officer at Crypto.com, said in the release. “It’s a privilege to partner with Coca-Cola and GMUNK to memorialize these historical matches that will forever be captured on the blockchain. Together we are creating a completely new form of memorabilia.” Source
Litecoin rose to a seven-month high to start the week, as cryptocurrency markets continued to react to the latest U.S. nonfarm payrolls figures. The token was up for a second consecutive session, climbing to its highest point since May. Shiba inu was also a notable gainer on Monday. Litecoin (LTC) Litecoin (LTC) raced to a six-month high on Monday, as the token climbed for a second consecutive session. Following a low of $75.93 on Sunday, LTC/USD raced to an intraday peak of $83.49 earlier today. This move saw litecoin climb…
The Malta Financial Services Authority (MFSA) is currently reviewing requests to revise the “regulatory treatment” of Non-Fungible Tokens (NFTs) within its Virtual Financial Assets Framework. Under the current regulatory framework, NFTs are included within the scope of the Virtual Financial Assets Act, which also includes virtual tokens, virtual financial assets, electronic money, and all financial instruments built, or dependent on, Distributed Ledger Technology (DLT). However, the MFSA is proposing to have NFTs removed from the Virtual Financial Assets framework since they’re unique and nonfungible and therefore incapable of being used…
The partnership between SEBA Bank and Hashkey Group is forged to restore trust and allay fears from investors across the board. Swiss digital currency bank SEBA Bank has inked a strategic partnership with Hashkey Group to float new products and services that will drive institutional adoption of cryptocurrencies. As announced, both firms have signed a Memorandum of Understanding (MoU) to solidify the partnership with a drafted approach to maintain regulatory requirements in the jurisdictions where they operate. Per the terms of the partnership, SEBA Bank will serve as the official…
Bitcoin is seeing some green during this week’s market opening and seems poised to reclaim higher levels in the short term. The number one crypto by market cap experienced some of its worst months in history, but the bulls were able to hold the line at around $15,500. Now, the macroeconomic outlook is changing and could start supporting further profits for risk-on assets. As of this writing, Bitcoin trades at $17,200 with 2% and 5% profits in the last 24 hours and seven days, respectively. BTC’s price moving sideways on…
Place/Date: – December 5th, 2022 at 3:32 pm UTC · 3 min read Source: LYOPAY Photo: LYOPAY Who Is the Brazilian Entrepreneur Luiz Góes Luiz Góes is a business executive with a specialization in process management, leadership, and business implementation. He has worked in fintech management and has promoted several digital business consultancies. He graduated with a bachelor’s degree in military science from Academia Militar das Agulhas Negras in 2008, and holds an MBA in public management. He also holds a Medal of Military Merit for excellent services rendered to…
The need for such content has never been more acute. In the last 12 months, we’ve seen crypto and Web3 seep ever more into mainstream conversation. It has penetrated America’s power centers. NFTs (non-fungible tokens) are now minted by actors, athletes and musicians, while franchises such as Bored Ape Yacht Club are taken seriously in Hollywood. Central banks are releasing digital currencies, spurred by monetary competition from bitcoin and ether. Wall Street banks are offering custody and trading services, hoping to get a cut of the action. Washington, D.C., which…
Crypto lender Genesis reportedly owes nearly $1 billion to the customers of crypto exchange Gemini due to the collapse of FTX. According to a new report by the Financial Times, anonymous sources familiar with the matter say that Gemini is attempting to recover the funds from Genesis after the crypto broker was affected by FTX, a crypto exchange that declared bankruptcy last month. Previously, Genesis and Gemini had formed a partnership to create Gemini’s Earn program, which allowed retail investors to loan out their digital assets to earn interest. Last…
The artist made a portrait of crypto critic Molly White, and went down the Web3 rabbit hole she opened up. Source
For Tim Draper, Bitcoin has a lot of fundamentals that are capable of powering its growth over time. Billionaire investor and Bitcoin (BTC) bull Tim Draper has made a $250,000 price call for the premier digital currency, maintaining his stance on how bright the future of the cryptocurrency is. Draper previously predicted that the price of Bitcoin will top the said amount by the end of this year, however, at the current level of $17,300, the coin is almost 1,400% away from that projected price level. Acknowledging that this year…