“Self-custody has become more important not just for individuals, but also for our customer base, which is institutions,” Blockdaemon CEO Konstantin Richter told CoinDesk. “We saw a sort of blatant gap in the market, which is that larger institutions really want to control keys and assets, and they also want to make sure that they have access to liquidity, are compliant, and have the highest degree of security.” Source
The Nike Virtual Studio launch of the OF1 is also in tandem with the ideologies as it seeks to preserve the legacies of the Nike sneakers in all of their glory to collectors. Web 3.0 startup, Nike Virtual Studio is set to release the Our Force 1 (OF1) Non-Fungible Token (NFT) token as it seeks to power the accessibility to custom utilities for communities linked to its growth across the board. As detailed in a blog post, the chain of events leading to the release of the OF1 collection will…
To start, Omni’s crypto functionality can interact only with marginFi. It’s not yet able to generate transactions between wallets. Pavlovsky said he’s in talks with other Solana teams, including Drift and Backpack, about utilizing Omni on their respective protocols. He wants the tool to become a virtual assistant for navigating Web3. Source
In its Q1 2023 report, Swedish telecom giant Ericsson described India as a viable market that drove sales up fivefold. Ericsson (NASDAQ: ERIC) recently reported its Q1 2023 earnings which beat expectations and revealed a boost in quarterly profit. On Tuesday, the Swedish telecom giant first-quarter core earnings benefited from increased sales of 5G equipment in countries like India. Ericsson’s net sales grew 14% in the first three months of 2023, surpassing the consensus estimate of 60.43 billion. However, the company experienced a sales slump in more established territories such as the US,…
The cryptocurrency ecosystem has enjoyed a buoyant start to the year as Bitcoin (BTC) and decentralized finance (DeFi) protocols surge in market capitalization through the first quarter of 2023. These are the key takeaways from the “2023 Q1 Crypto Industry Report” published by CoinGecko on April 18. BTC emerged as the best-performing asset of Q1 2023, with gains of 72.4%, outperforming the likes of the Nasdaq index and gold, which marked 15.7% and 8.4% gains, respectively. The report highlights that all major asset classes saw gains through the first quarter of…
Starbucks mailed to Odyssey beta testers with the subject line “We’re Getting Closer” suggesting that a public rollout will happen soon. Following its NFT drop that sold out in a matter of minutes, Starbucks is now all set to inaugurate another collection this week and claims that a public launch for its Odyssey Web3 rewards programs is being awaited. On Wednesday, April 19th, Starbucks will introduce its First Store Collection which consists of more than 50,000 NFT stamp collectibles minted on the Ethereum scaling network Polygon. The NFTs are also…
Learning tech via YouTube channels can be a great way to supplement traditional learning methods, as it provides a more interactive and engaging experience. Many YouTube channels dedicated to tech provide in-depth tutorials and explanations of complex concepts in a way that is easy to understand, making it accessible to learners of all skill levels. Additionally, YouTube channels often provide access to industry experts, giving learners the opportunity to learn from individuals with real-world experience and knowledge. For instance, Cointelegraph’s YouTube channel provides news, interviews and analysis on the latest developments…
“In the midst of market chaos, Unchained has emerged as a highly trusted provider of bitcoin custody and financial services through superior technology, risk management, regulatory compliance, and client service,” said Valor partner Vivek Pattipati, who will be joining the Unchained board of directors. “Particularly in lending, the company has differentiated itself by minimizing risk to both the lender and the borrower, leading to resilience and an extraordinary opportunity to capture market share.” Original
The very first ChainChronicles NFTs will be issued in May and collectors who sign up for the subscription in April will get 20% off their first purchases. Software services platform EverdreamSoft, branded as the first outfit to launch the first blockchain-based game has launched a subscription-based Non-Fungible Token (NFT) collection dubbed ChainChronicles. As contained in a press release shared with Coinspeaker, the new collection is built up on the ideologies behind the company’s original cards that were released in 2015. EverdreamSoft started as a gaming studio but whose pivot has…
Bitcoin is the original cryptocurrency, introduced in 2009 to provide individuals and institutions with an alternative to cash payments and an investment opportunity for those looking to avoid the banking system in the wake of the 2008 global financial collapse. While adoption was slow in the early years, its popularity has boomed in the last seven years. In March 2015, there were just over three million Bitcoin wallets; by November 2022, there were more than 85 million worldwide — an increase of nearly 30x. Bitcoin, and cryptocurrency in general, can…