Fund managers have added about 4,000 bitcoins in recent weeks. Original
Crypto Funds’ Bitcoin Holdings Rise as Investor Demand Rebounds
Month: April 2023
OpenSea launches advanced NFT marketplace aggregator
NFT marketplace OpenSea has unveiled OpenSea Pro, its new non-fungible token (NFT) marketplace aggregator aimed at serving the needs of professional users. OpenSea’s acquisition of NFT aggregator Gem in April 2022 enabled it to develop and refine Gem’s platform to create the new OpenSea Pro. Allow us to reintroduce ourselves Starting today, Gem V2, the best-in-class NFT aggregator, is now OpenSea Pro! ➡️⛵️ OpenSea Pro will still be run by the same Gem team you know & love, but with unified brands we are able to offer users MUCH more…
Ralph Lauren Miami Store to Accept Crypto Payments
“This store will be an opportunity for us as a brand to gather key insights as we continue to explore the space,” Ralph Lauren’s chief innovation and branding officer David Lauren said in an interview with WWD. “We are in the early stages of our roadmap, but we see an exciting opportunity ahead across digital goods and virtual experiences to build upon our past touchpoints in the metaverse.” Original Source AcceptCryptoLaurenMiamiPaymentsRalphStore CryptoX Portal
Crypto could eliminate 97% of traditional remittance fees: Coinbase
A recent blog post from cryptocurrency exchange Coinbase indicates the vast majority of U.S. remittance fees for international transfers wouldn’t apply to similar transactions conducted using cryptocurrency. According to the exchange’s research, “The US average fee rate of 6.18%, means Americans’ average yearly spend is likely close to $12 billion on remittance fees.” The post goes on to state that the average transaction time for such remittances ranges from one to 10 days, while similar cryptocurrency transactions usually take around 10 minutes. Remittance payments represent a sort of ‘double whammy’…
Trump NFTs Sales Spike Following Ex-President’s Arraignment in New York
The former president released his series of digital collectibles in December. For $99, a buyer could purchase a token featuring his likeness and enter a sweepstakes to earn exclusive experiences with the former commander-in-chief. The collection quickly sold out, and the price more than doubled on the secondary market. Source
Massive supply chain attack targeting small number of crypto companies: Kaspersky
A supply chain attack installed a backdoor in computers around the world but has only been deployed in fewer than ten computers, cybersecurity company Kaspersky has reported. The deployments showed a particular interest in cyptocurrency companies, it added. Cybersecurity company Crowdstrike reported on March 29 that it has identified malicious activity on the 3CX softphone app 3CXDesktopApp. The app is marketed to corporate clients. The malicious activity detected included “beaconing to actor-controlled infrastructure, deployment of second-stage payloads, and, in a small number of cases, hands-on-keyboard activity.” Kaspersky said it suspected the…
Stablecoin Issuer Tether Was Client of Signature Bank to Serve U.S. Customers: Bloomberg
Tether CTO Paolo Ardoino, in response to the article, said the company has no exposure to Signature Bank. Source
Is Dogecoin coming to Twitter? Watch The Market Report
This week on The Market Report, Cointelegraph analyst and writer Marcel Pechman breaks down everything that has been happening between Twitter, Elon Musk and Dogecoin (DOGE). He also covers the Changpeng “CZ” Zhao arrest rumors and Japanese crackdowns on crypto exchanges. Bitcoin price bounces after CZ arrest rumors as traders eye $30K next Data from Cointelegraph Markets Pro and TradingView showed BTC/USD dipping to $27,240 on Bitstamp. Its lowest since March 28, the performance followed an outbreak of claims that Binance CEO Changpeng “CZ” Zhao, already under investigation by United…
Google Cloud to Offer Workshops, Cloud Computing Services for Builders on Celo
Since 2018, Google Cloud has lent its cloud infrastructure to CLabs, the company that developed Celo. The two firms will soon build on their long-standing relationship by co-hosting targeted workshops and other events on Web3 innovation and sustainability, according to the Celo Foundation’s announcement of the partnership. Source
How I Invest in Web3
Kala, who is based in Miami, believed in this thesis so strongly that she doubled down on it, launching an early-stage Web3 fund called, well, “Double Down.” (A nod, of course, to blackjack.) In late 2022, Kala raised $30 million for the fund (whose backers include blue-chippers including Chris Dixon and Marc Andreessen), and she now focuses on Web3 projects that impact consumer culture. “My overarching thesis has always been about the why and how people spend their time, money, and attention,” says Kala. People increasingly spend their time and…