Jewellery firm Tiffany & Co. will be turning non-fungible tokens (NFTs) into custom pendants as it joins other luxury fashion houses attempting to establish a foothold in the web3 world. The deal has currently only been finalised with CryptoPunk, and holders of those NFTs can turn them into custom pendants containing gemstones and diamonds. According … Continue reading Tiffany & Co. to Turn CryptoPunk NFTs into Pendants
Passes for physical copies of Tiffany & Co.’s debut 250 non-fungible tokens (NFTs) were sold out in about 20 minutes last Friday for 30 ether (ETH) each or about $50,000. The sale generated around $12.5 million in revenue for the American luxury jewellery retailer. Titled “NFTiffs”, these digital tokens are exclusive to CryptoPunk NFT holders … Continue reading Tiffany & Co.'s 250 NFTiffs Sold Out, Generates nearly $13M in Revenue
The World Economic Forum (WEF) launched six different “fourth industrial revolution councils” to help regulators working on the new technology policy guidance. The new technology included artificial intelligence, autonomous mobility, blockchain, drones, internet of things and precision medicine, as revealed on 29 May. The councils gathered for the first time for the Fourth Industrial Revolution Network … Continue reading The World Economic Forum Forms Six Tech Policy Councils Including Blockchain
After bidding a record $4.57 million for lunch with Warren Buffet, Justin Sun – the founder of Tron Foundation announced on Tuesday on his Weibo social media platform that he had to cancel the charity lunch, which was originally set for Thursday in San Francisco. Justin has been a well-known entrepreneur in China’s cryptocurrency community, … Continue reading Barred from Leaving China? Tron Founder Justin Sun Surfaces in San Francisco
Facebook’s Libra drew fire as Senator Sherrod Brown likened it to the 2008 subprime mortgage fiasco. Yahoo Finance has conveyed Senator Brown’s fierce sentiments about Libra as he recalled bankers proposed the innovative product that they deemed to be a game-changer. This would, however, not be the scenario as subprime mortgages instigated a turmoil. The … Continue reading Facebook’s Libra Likened to 2008 Subprime Mortgage Fiasco
The Thai Securities and Exchange Commission (SEC) has unraveled the latest crypto scam whereby potential investors are coerced into functioning with overseas companies. According to the Bangkok Post, the Thai regulator is knowledgeable about various illegitimate companies taking part in the purported scam identified as FX trading corporation. Notably, this entity does not have any … Continue reading Beware of an Overseas Crypto Scam, Thai Regulator Stipulates
Bitwise has recruited the services of Bank of New York Mellon to act as the administrator and transfer agent for its proposed Bitcoin (BTC) exchange-traded fund (ETF). On Wednesday, Bitwise amended its Bitcoin ETF S-1 form listing BNY Mellon as the administrator, transfer agent and ETF custodian. The amendment also listed Foreside Fund services as … Continue reading Bitwise Recruits BNY Mellon as Transfer Agent for Proposed Bitcoin ETF
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF THAT JURISDICTION THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR IMMEDIATE RELEASE 13 September 2019 Rejection of Conditional Proposal from HKEX Further … Continue reading Breaking: London Stock Exchange Rejects £32B Takeover Offer from HKEX
eToro, a Cyprus based multi-asset and social trading brokerage company, recently surveyed American investors about their concerns about how their portfolios could be affected by the US-China trade war and conflicts with Mexico. Two-thirds of the respondents asserted that they were worried about a looming recession. As a result, they were weighing options on transferring … Continue reading eToro's Survey Reveals 40% of Millennials Could Favor Crypto Investment In Recession
Many millennials are becoming mindful of the source of what they consume or purchase. As a result, millennials who are coffee enthusiasts have become more demanding as they seek to know the origin of their cup of coffee. Some of the top coffee shops have heeded to these concerns as they are seeking technology-based solutions, … Continue reading Coffee Origin Traceability Propelled by Blockchain App