The Polygon MATIC token price is surging due to a sequence of high profile partnerships with Meta, JPMorgan and Reddit involving NFT development. Currently trading around $1.10, MATIC has risen some 30% from $0.84 it was at just two days ago. Polygon, previously known as Matic Network, is a platform designed to support and develop…
Memeland’s $MEME Coin Launch: Here’s What We Know So Far
Anticipation is building for the upcoming $MEME Coin launch by Memeland. In less than 24 hours, the journey will begin, and those who qualify will be able to get their first lot. Amidst the chaos and excitement, it’s essential to cut through the noise and focus on the key details that every enthusiast should be…
Has a New Crypto Bull Market Arrived?
Bitcoin’s recent price surge may have some industry pundits adamant that a new cryptocurrency bull market, to rival the likes of 2021, has arrived – Nonetheless, the crypto community should stay aware of the fact that things are rarely as they seem in the blockchain world… Following what feels like the coldest period in crypto…
Web3 and the Metaverse: How Cryptocurrencies Are Powering the Next Internet Revolution
The Internet, as we know it, has undergone significant evolution since its inception; from Web1, which was about information and static web pages, to Web2, which brought in interactivity through social media and user-generated content, the world is now on the cusp of another major transformation: Web3. Coupled with the burgeoning metaverse, a collective virtual…
Ferrari Will Now Accept Crypto Payments for Its Cars in the U.S.
Ferrari has begun accepting cryptocurrency payments for its luxury sports vehicles in the United States, with plans to expand in Europe by Q1 next year. Enrico Galliera, Ferrari’s Chief Marketing and Commercial Officer, told Reuters that the decision to accept crypto in the U.S. and Europe was a direct response to requests from the market…
Beyond Traditional: Crypto Sponsorships & NFT Integration
Are crypto sponsorships and NFTs the future? The financial services industry is no stranger to innovation, with the Finance Magnates London Summit (FMLS) having long been at the vanguard of change. The event routinely serves as a hub for the latest trends and development, which this year will place an emphasis on crypto sponsorships and…
Bitcoin Ordinals Growing Despite NFT Market Downturn: Report
Bitcoin’s growth shows no signs of slowing down, according to data. This week, Galaxy Research and Mining published a second report in their series on Bitcoin Inscriptions and Ordinals. Galaxy Research and Mining is a digital asset and blockchain firm that has been developing a comprehensive financial platform since 2018. Its platform offers services like…
Coinbase-Led Alliance Lobbies in DC for Pro-Crypto Regulations
Stand with Crypto, an independent nonprofit organization started by Coinbase to empower crypto users, builders, and supporters, is taking a stand in the nation’s capital. Today (September 7), over 45 founders from 15 states gathered on Capitol Hill to advocate for pro-crypto policies. The timing aligns with SEC Chair Gary Gensler testifying before the House…
F1’s Williams Racing and Kraken Gear Up to Showcase NFTs on the Grand Prix Circuit
During this year’s U.S. Grand Prix, which takes place on October 22 in Austin, TX, you will probably catch an NFT such as a Bored Ape or another popular NFT, racing around the Formula One (F1) track. As part of the ongoing partnership between Williams Racing and crypto exchange Kraken, the British F1 team has…
Are NFTs Back? Bored Ape Fetches $1.2 Million!
Discover the latest buzz in the NFT world as Bored Ape NFT enthusiasts celebrate a $1.2 million sale of Bored Ape #1734, igniting hope despite recent challenges in the market. Bored Ape #1734 Million Dollar Sale The Bored Ape Yacht Club (BAYC) by Yuga Labs is making headlines with a staggering $1.2 million sale of bored Ape #1734. The…
Navigating Hong Kong’s New Crypto Regulations
Hong Kong has been making headlines in the crypto space ever since it announced it would allow retail crypto trading in May 2023. On June 1, Hong Kong implemented new crypto regulations to license exchanges, with the Hong Kong Securities and Futures Commission (SFC) marking the occasion by issuing a flurry of regulatory guidance for operators of…