Artists Are Bringing NFTs To Life Through Immersive IRL Experiences

“Artists may have instructions on how they want to display their art, but you can put it on a projector, you can put it on the screen, you can print it, you can put it on your computer… there are infinite ways to display digital art, which I think is the exciting part and sort of lends itself to this fluid nature,” said Sanchez. Source

Bitcoin flips volatile at $27K as Fed’s Powell teases end to rate hikes

Bitcoin (BTC) nudged $27,000 after the May 19 Wall Street open as the Chair of the United States Federal Reserve delivered comments on policy. BTC/USD 1-hour candle chart on Bitstamp. Source: TradingView BTC price volatility returns as Powell speaks Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it attempted to reclaim the focal level in its short-term trading range. All eyes were on Fed Chair Jerome Powell on the day, who was speaking at the Thomas Laubach Research Conference in Washington, D.C. Market nerves had returned the day…

How the SEC’s Proposed Custody Rule for Crypto Comes Up Short for FAs

In 2003, the SEC amended the rule to keep up with technological advances in capital markets infrastructure, which have made virtually every aspect of the advisory industry more efficient. The modernized rule, which better defined custody and essentially removed any assumption of paper assets, has been serving advisors and clients well, allowing trusted, qualified custodians to provide custody and many other services to the industry. Source CryptoCustodyFAsProposedruleSECsShort CryptoX Portal

Foot Locker Posts Q1 2023 Results, Sees Stock Sink 25% on Sales Drop

Sportswear and footwear retail company Foot Locker took a beating in its Q1 2023 report after sustaining an 11% drawdown in revenue.  Foot Locker Retail Inc (NYSE: FL) plunged 25% following a big earnings miss in the Q1 2023 outing. For the first quarter of 2023, the sportswear and footwear retailer reported revenue of $1.93 billion versus the $1.99 billion analysts expected. In addition, the company realized earnings per share of 70 cents adjusted versus 81 cents expected. Following Friday’s disappointing Q1 2023 report, Foot Locker lowered its guidance for…

TBD, Bitcoin-Focused Unit of Jack Dorsey’s Block, Launches Development Toolkit for Web5 Project

CryptoX – Cryptocurrency Analysis and News Portal MIAMI BEACH, Florida – TBD, a division of Jack Dorsey’s financial-technology company Block (SQ), has launched a new open-source toolkit for its Web5 project, designed to make it easier for developers to create decentralized Internet applications. Source The post TBD, Bitcoin-Focused Unit of Jack Dorsey’s Block, Launches Development Toolkit for Web5 Project appeared first on CryptoX. CryptoX Portal

Britain Joins Semiconductor Chips Race, Introduces $1.2B Plan

The British government has undertaken a focused approach in revamping its semiconductor industry and will capitalize on its strengths such as designing and producing non-silicon chips, and intellectual property rights.  On Friday, May 19, Great Britain announced support of £1 billion ($1.2 billion) for its semiconductor industry. With this move, the United Kingdom joins the race with the US and EU to boost its domestic chipmaking capabilities and reduce its dependence on foreign players. The investment is part of the country’s 20-year strategy for semiconductors, after facing lengthy delays in…

Opera Browser Finalizes Integration of MultiversX on Mobile and Desktop Platforms

The integration helps Opera users navigate the Web3 industry through MultiversX with the help of EGLD coins. The Opera browser, one of the leading internet browsers with more than 300 million users across its mobile and desktop platforms, has announced a successful integration with MultiversX (EGLD), a metaverse-centric blockchain formerly known as Elrond. Following the integration, Opera users can download the configuration via a dedicated link to enable the access of features like dedicated wallpapers, and speed dials for quick access to essential MultiversX sites. The integration of the Opera…

Bitcoin falls from $28,000, DigiToads steady after presale growth and fundraising success

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Bitcoin (BTC) is still the biggest cryptocurrency in the world, but it has been stumbling in recent years. Its price is below $28,000, more than half its Nov. 2021 peak when it soared to $68,700.  With thousands of cryptocurrencies on the market, many are looking for new products to invest in, paying keen attention to ones that provide practical benefits for holders. DigiToads has a clear roadmap, and the platform has several features that could change the decentralized…

Bitcoin scam leaves UK couple with $56k worth of debts 

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied UK couple Tony and Eloise Johnson became victims of a bitcoin fraud, which left them with significant debt of £45,000 ($55,900). The con artists pretended to be affiliated with a well-known financial guru Martin Lewis, a respected financial journalist who educates millions about their consumer rights and strategies for saving money on television and his website, MoneySavingExpert. His image has been appropriated for use in a variety of deceptive con games as a means of providing…