Search
5 Crypto Index Tokens That Allow You to 'Buy the Market'
5.1.2022
Index trackers are among the most popular investment vehicles among retail investors. Instead of trying to beat the market by selecting a handful of securities or assets, passively investing in a market’s index typically yields better returns.
Crypto investors also have the ability to “buy...
Samsung Reveals TVs That Will Let Owners Trade NFTs
3.1.2022
The South Korean electronics giant Samsung has announced that its Consumer Electronics Show (CES) offerings for 2022 will include a range of TVs fitted with an app that lets users browse, buy and sell non-fungible tokens (NFTs).
In an official release, Samsung explained that the app would...
Another Crypto Winter Or a New Dawn for NFTs - Industry Insiders Share More 2022 Predictions
30.12.2021
2022 is right around the corner, and we have once again gathered some interesting predictions about what the new year could hold for the crypto space. And as usual, opinions are divided on what to expect, with some fearing regulations could become a showstopper for crypto, and others expressing...
South Korean Gaming Regulator to Force Crypto Games off Google, Apple App Marketplaces
29.12.2021
South Korea’s gaming regulator has extended the scope of its crypto and blockchain gaming freeze-out by warning developers they must remove play-to-earn titles from the Google Play and the Apple App Store....
Read More: South Korean Gaming Regulator to Force Crypto Games off Google, Apple...
DAO Forms to 'Liberate Blockbuster' and Build Decentralized Streaming Service
28.12.2021
A new decentralized autonomous organization (DAO) dubbed BlockbusterDAO has been formed to raise USD 5m and acquire the defunct movie rental business Blockbuster.
"Our mission is to liberate Blockbuster and form a DAO to collectively govern the brand as we turn Blockbuster into the first-ever...
OpenDAO's SOS Token Falls Over 20% After Its Initial Near-500% Leap
27.12.2021
Decentralized autonomous organization (DAO) OpenDAO launched on Christmas Eve with an airdrop targeting users of the major non-fungible token (NFT) marketplace OpenSea - and a massive rise of the DAO's token was followed by a correction. ...
Read More: OpenDAO's SOS Token Falls Over 20% After...
Japanese Tax Body Updates Crypto Guidelines for Staking and Lending, but Not NFTs
25.12.2021
Japan’s tax body – the National Tax Agency – has updated its crypto FAQs, addressing issues including staking and crypto lending. But the body has made no mention of non-fungible tokens (NFTs) or token airdrops – a sign that it does not currently consider NFT trading or airdrops taxable....
Read...
Kraken Set To Let Users Borrow Funds Against Their NFTs
24.12.2021
US crypto exchange Kraken is working on a new functionality which would enable its users to borrow funds against their non-fungible tokens (NFTs), according to the company's CEO, Jesse Powell.
“If you deposit a CryptoPunk on Kraken, we want to be able to reflect the value of that in your...
Insiders Predict: NFTs the 'Gateway Drug to Crypto', More Countries May Adopt Bitcoin in 2022
23.12.2021
With 2022 fast approaching, more leaders in the crypto space have looked into the crystal ball to try and predict what the new year will bring in terms of new trends, emerging narratives, and regulations around the world.
According to the industry insiders Cryptonews.com spoke with, a number...
Solana-Based Hacked Monkey Kingdom Has a Phishing Lesson for NFT Buyers
23.12.2021
Solana (SOL)-based non-fungible token (NFT) project Monkey Kingdom had its official Discord server hacked on Tuesday during a presale, allowing a cyber thief to run away with nearly USD 1.3m worth of digital assets. The incident is another stark reminder to be extra careful and not to fall into...
Banking Giant KB Creates Crypto, NFT & CBDC-compatible Wallets
23.12.2021
The South Korean banking giant Kookmin Bank (KB) says it has developed new multi-coin wallets that are capable of storing non-fungible tokens (NFT) and various tokens including central bank-issued coins.
Per Fn News, KB has developed solutions using the Klaytn blockchain protocol, which...
MetaMask to Add Support for NFTs
22.12.2021
MetaMask, a popular cryptocurrency wallet designed in the form of a browser extension, has unveiled its yet-to-be-launched in-app non-fungible token (NFT) extension.
"The elves in our workshop are putting the finishing touches on the collectables feature on Extension to be at parity with...
Instagram Mulls Integrating NFTs In Its Platform
21.12.2021
In a bid to make non-fungible tokens (NFTs) more accessible to a broader user base, photo and video sharing social networking service Instagram is exploring ways to integrate such assets within its social media platform, according to senior company representatives....
Read More: Instagram Mulls...
Investor Purchases 330 Adidas NFTs Using Smart Contract - 328 More Than the Cap
20.12.2021
Sportswear giant Adidas dropped its non-fungible token (NFT) collection “Into the Metaverse” with 30,000 pieces on Friday - and while the sale was capped at a maximum of two items per person, one user managed to hoover up 330 pieces using a smart contract....
Read More: Investor Purchases...
Breaking All Records: VC Funds Injected USD 30B In Crypto This Year
20.12.2021
Venture capital (VC) funds invested some USD 30bn into crypto this year, exceeding almost fourfold the amount recorded in the previous record year of 2018, and injecting more funds into the industry than in all the previous years combined, according to data from financial data and software...
DAOs, Token Holders Could Face New Tax Liabilities, PwC Report Warns
17.12.2021
People who are part of Decentralized Autonomous Organizations (DAOs), or even holders of certain decentralized finance (DeFi)-focused governance tokens, could have tax liabilities that far exceed what they expect to see, a new PwC report on crypto taxation has warned....
Read More: DAOs, Token...
Bitwise, Nexo Add to Financial Products for Rich NFT Investors
17.12.2021
The past day has seen the announcement of two new non-fungible token (NFT)-related financial products, with asset manager Bitwise launching the first-ever index fund to track NFTs, while crypto lender Nexo (NEXO) launched the first lending desk exclusively for NFT investors....
Read More:...
NFTs Cause Carnage in the Latest South Park Special
16.12.2021
Non-fungible tokens (NFTs) have proven to be a disruptive force in the world of art, but in the latest special episode of the US animated series South Park, investing in such assets brings actual death and destruction.
One of the scenes in the comedy special, entitled Post Covid: The Return...
Gaming Giant Nexon America Starts Accepting Bitcoin, Ethereum For In-Game Purchases
16.12.2021
Nexon America, an online gaming company and a subsidiary of the South Korean gaming giant Nexon, announced Tuesday that it has started accepting a number of crypto assets for in-game purchases as part of a deal with major crypto payment processor BitPay....
Read More: Gaming Giant Nexon America...
Hacked Vulcan Forged Says It Has Refunded 'the Majority' of Affected Users
14.12.2021
The hacked play-to-earn non-fungible token (NFT) platform Vulcan Forged, which offers over six blockchain games, a decentralized exchange (DEX), and an NFT marketplace, said it has refunded the majority of affected users from its treasury.
The platform fell victim to a hack on Monday and lost...