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‘Web3 Artists Offers Something Web2 Can’t – True Ownership’ — Palm Foundation Director
4.1.2024
According to Andrea Lerdo, a director at the art-supporting organization, Palm Foundation, Web3 enables creators and artists to not only exercise control over their content but to connect with their respective audiences in a way not possible on traditional platforms. For artists who have already...
Elon Musk Weighs in on NFT Technology — Here’s What He Thinks
28.12.2023
Image Source: YouTube/Fox News Elon Musk has again shared his opinion about the current structure of non-fungible tokens (NFTs), noting that embedding JPEG images into a blockchain can establish exclusive ownership for enthusiasts. On December 27, Musk responded to a comment on his platform,...
Bitmap Theory’s Meteoric Rise: Pioneering a Bitcoin Metaverse With a $235 Million Valuation
22.12.2023
The Bitmap Theory initiative, launched just last summer, is swiftly gathering momentum. Its objective is to integrate a digital realm, often referred to as the metaverse, within the Bitcoin blockchain. Through the innovative use of Ordinal inscription technology, Bitmap enables individuals to claim...
DCG Can't Sell or Reduce Ownership of Genesis Until Bankruptcy Proceedings Close, Judge Rules
19.12.2023
Genesis requested a New York bankruptcy court to bar ownership changes to secure tax benefits on around $700 million worth of operating losses
Report: 47% of Nigerians Engaged in Crypto-Related Activities
10.12.2023
A new study has found that as much as 47% of Nigerians are actively engaged in crypto trading which is now increasingly incorporated in their financial lives. The analysis also showed that crypto ownership in the country grew by 15% between 2020 and 2023. Cryptocurrencies No Longer Seen...
Craig Wright's Tulip Trading Must Prove Ownership of Bitcoin in Hacking Case, English Court Rules
7.12.2023
The hearing, scheduled to take 15 days, will also seek to determine whether the hack occurred
Merit Circle DAO Partners with Immutable for Web3 Gaming and Trading Development
7.12.2023
Source: Immutable Merit Circle DAO and Immutable have announced a strategic partnership to develop the web3 gaming ecosystem, emphasizing blockchain technology and digital asset ownership. The collaboration involves launching Merit Circle’s gaming subnet, Beam, on Immutable’s zkEVM,...
Friend.tech Completes On-Chain Transaction for Ownership Transfer
4.12.2023
Source: Adobe / Joaquin Corbalan Friend.tech, a decentralized social app built on Coinbase’s blockchain Base, has successfully transferred the ownership of its smart contract and funds to “a new combination of multisig and professional custody.” The news that the necessary on-chain transactions...
Grayscale Report Sheds Light on Bitcoin’s Broad Ownership and ‘Sticky Supply’ Dynamics
1.12.2023
A new report from Grayscale Investments reveals that bitcoin ownership is more widely distributed than commonly believed, with 74% of addresses holding less than $350 worth. However, around 40% of bitcoin supply is concentrated among institutions like exchanges, miners, governments, public...
Web3 should draw newcomers, not be a ‘money grab from brands’ — Tech CEO
17.11.2023
Using Web3 and NFTs to create another slate of millionaires isn’t a good use of the technology, says EndeavourXR CEO Amy Peck
AI identity platform combats ownership and deep fakes
16.11.2023
The new AI identity platform Hollo.AI takes on key topics of transparency, ethical use and content sovereignty in the age of rampant AI-generated deep fakes
Maven 11 Targets $100 Million in Funding for Third Crypto Venture Fund
10.11.2023
Source: Adobe / Sutthiphong Amsterdam-based crypto venture capital firm Maven 11 has unveiled its third fund with a goal of securing $100 million. This research-driven fund will aim to invest in early-stage crypto projects that align with Maven 11’s mission to “redefine...
SEC’s Efforts to Hire Crypto Experts Thwarted by Own Crypto Ownership Policy
7.11.2023
SEC policies against staff owning crypto make hiring industry specialists difficult. Image by Kristina Blokhin, Adobe Stock. The U.S. Securities and Exchange Commission (SEC), known for its stringent regulatory oversight of the finance sector, is facing an ironic hurdle as its own policies...
SEC Inspector General says prohibition on crypto ownership hinders agency hiring
6.11.2023
Besides being short on crypto specialists, the SEC OIG noted a litany of problems that are already familiar – lack of legislative clarity, lack of interagency coordination, etc
Crypto for Advisors: Opinion: Direct Crypto Ownership Is Best
2.11.2023
In this week's issue of Crypto for Advisors, learn why direct ownership of crypto may be in the best interest of the client
Binance Changpeng Zhao Denies Ownership of CommEX Following Sale of Russian Entity
28.9.2023
Binance CEO Changpeng Zhao has distanced himself and the company from the ownership of CommEX, the newly launched digital asset exchange that will take possession of Binance’s Russian entity.
In a Sept 28 post on X (formerly Twitter), the CEO denied all forms of ownership either personally,...
The Salvation of Domain Ownership May Lie in Tokenization, and One Firm is Pressing Hard to Make This a Reality
20.9.2023
URLs are the pathway to the internet. While top domains might fetch in the hundreds of millions, they are still auctioned off like it’s the twentieth century. Here’s how web3 can change that
Worldcoin’s Centralization Dilemma: 100 Wallets Still Dominate 93% of Total Supply
8.9.2023
Since August 11, 2023, the number of unique digital wallets storing the iris-scanning cryptocurrency worldcoin (WLD) stood around 468,466. But in the weeks since, ownership of the fledgling crypto has expanded by over 26% to 591,633 wallets. However, worldcoin’s value has moved in...
9 crypto leaders share advice for proof-of-humanity solution builders
7.9.2023
Respect for users’ personal privacy must be top of mind when developing proof-of-humanity identity solutions
‘NFTs will win on Bitcoin’ — OnChainMonkey NFT collection ditches Ethereum
7.9.2023
Metagood CEO Danny Yang attributed the move to the Bitcoin network being seen as a more secure platform for its users, among other reasons