“Blockchain technology offers significant benefits for consumers, particularly ticketing, including enhancing payment security, and eliminating scalping and fraud,” said Brian Trunzo, Head of Business Development, North America, for Polygon Labs, in a press release, who added that this launch would help grow consumer adoption. Source
press release PRESS RELEASE. The rise of AI-generated art has created ethical concerns and challenges within the art community, as many artists perceive these tools as undermining their skills and exploiting their work for profit. Paysenger, a groundbreaking blockchain-based collaboration platform for content creators, fans, and brands, is poised to tackle these issues with its native token, EGO, and AI integration. Paysenger introduces a personalized AI model that allows artists to create unique, AI-generated art in their distinctive style. This exclusive, artist-specific AI model uses the artist’s social account for…
Blur shared that the product was created in collaboration with Dan Robinson, Head of Research at venture capital firm Paradigm and investor in decentralized exchange (DEX) Uniswap V3, alongside pseudonymous research associate Transmissions, who has previously contributed to building the marketplace protocol Seaport. Paradigm is the lead investor in Blur. Source
Robinhood Connect will also let developers embed the feature directly into their dapps, so that Robinhood users can buy, transfer and fund their self-custody wallets, the company announced at CoinDesk’s Consensus 2023 conference in Austin, Texas. “With the introduction of [Robinhood] Connect, customers will be able to access their Robinhood credentials and bypass additional steps,” the firm said in a statement. Source
Belgian cryptocurrency trading platform Bit4You has suspended all operations, including withdrawals, amid an insolvency investigation of one of its key partners. Suite à cela, nous avons immédiatement entamé plusieurs démarches pour comprendre la nature et la portée de cette situation. En savoir plus – https://t.co/wg7iHqN9jt — Bit4you (@Bit4you1) April 26, 2023 The company explained the freeze in a blog post, claiming it was a necessary action to protect platform users and citing regulation against CoinLoan, a partnering cryptocurrency loan service based in Estonia: “We would like to inform you that…
FTX got the nod earlier this year to sell some of its business units. The FTX exchange has now reached an agreement to sell its crypto derivatives platform LedgerX in a deal worth about $50 million. According to a Reuters report, FTX has agreed sale terms with an affiliate of Miami International Holdings Inc. However, the sale is still subject to approval from the US court overseeing FTX’s bankruptcy proceedings. To this end, a sale hearing has been slated for May 4, and hopefully, the exchange will be able to…
There is now a high expectation that Romania will see a big boost, especially in the area of the adoption of Web 3.0 and blockchain technology. Romania, keen on driving Web 3.0 adoption in the country, is set to launch a national non-fungible token (NFT) trading platform through the National Institute for Research and Development in Informatics (ICI Bucharest). According to reports, the NFT marketplace, dubbed ICI D|Services, will go live on April 26. That is, public and institutional users may begin to mint, manage and trade their unique NFTs…
The use of cryptocurrency in real estate purchases has become increasingly popular. United States commercial real estate marketplace MyEListing has integrated with Coinbase to accept Bitcoin payments. The platform will allow users to purchase US real estate properties with both Bitcoin and fiat. It launched on April 20 with Texas properties listed and is set to expand to select US states in June. MyEListing will enable real estate agents to list US commercial and residential properties and accept crypto and cash payments from anywhere in the world. The platform supports…
United States-based crypto exchange Gemini announced on April 21 the upcoming launch of a derivatives platform outside the U.S. The move comes amid a tightening and uncertain regulatory environment for crypto firms in the country. Dubbed Gemini Foundation, the offshore division will offer services to users based in Singapore, Hong Kong, India, Argentina, Bahamas, Bermuda, British Virgin Islands, Bhutan, Brazil, Cayman Islands, Chile, Egypt, El Salvador, Guernsey, Israel, Jersey, New Zealand, Nigeria, Panama, Peru, Philippines, Saint Lucia, Saint Vincent & Grenadine, South Africa, South Korea, Switzerland, Thailand, Turkey, Uruguay, and…
As the regulatory crackdown on cryptocurrency exchanges in the United States continues, Gemini, a leading cryptocurrency exchange, has announced the upcoming launch of Gemini Foundation, a non-US crypto derivatives platform. The move comes amid growing scrutiny by the United States watchdogs, including the Securities and Exchange Commission (SEC), which has been targeting exchanges like Binance, Kraken, and Coinbase. Gemini Foundation’s first derivatives contract will be bitcoin (BTC)perpetual contract denominated in Gemini dollars (GUSD), with an ETH/GUSD perpetual contract set to launch soon after. The platform will allow eligible customers in 30 countries, including…