eBay Inc. has announced that it will allow the sales of non-fungible tokens (NFTs) for digital collectibles such as video clips, images, arts, photos, audios, and other types of digital files on its platforms. The US multinational e-commerce corporation told Reuters that from now going forward, an “NFT inventory will be provided to sellers who … Continue reading eBay Officially Launches NFT Sales on Its Platform
In its bid to become the primary marketplace for all things digital, e-commerce marketplace eBay is likely on its way to accepting digital currency payments on its platform. As reported by TheStreet who interviewed the company’s Chief Executive Officer, Jamie Iannone, the plan has neither been confirmed nor refuted by the trading marketplace, however, there … Continue reading eBay Considers to Accept Crypto Payments for Entice Millennials
E-commerce giant eBay has entered the non-fungible token (NFT) sector through a strategic partnership with Web3 company OneOf. eBay’s exclusive NFTs will include animated and 3D interpretations of iconic athletes highlighted on Sports Illustrated covers in the past years. To offer high-value items and heightened passion to the eBay community of buyers and sellers, NFTs … Continue reading eBay Joins the NFT Space, Offering Traders a Seamless Experience
eBay Inc. (Nasdaq: EBAY) continues to deepen its footprint in digital collectables. The e-commerce giant announced on Wednesday that it has acquired the U.K-based non-fungible token (NFT) marketplace KnownOrigin. The terms of the acquisition were undisclosed. The latest acquisition is important for eBay’s tech-led reimagination as part of the company’s effort to develop a top destination … Continue reading eBay Announces Acquisition NFT Marketplace KnownOrigin
eBay Inc., a global commerce leader, has announced the completion of its acquisition of Certilogo, an AI-powered provider of digital IDs and authentication for apparel and fashion goods. This move is set to bring new, ‘Secure by Design’ digital ID technology to eBay’s fashion category, expanding opportunities in the circular economy. Certilogo, based in Milan, … Continue reading eBay Acquires AI-Powered Digital ID Prvoder Certilogo
What happened recently with the Libra Association? Made up of more than two dozen companies and based in Geneva, a few of the founding members, including PayPal, Mastercard, Visa, Stripe, Booking Holdings, and eBay, decided to leave the Libra project. A five-member board governance board was formed after the Libra Association reaffirmed its commitment by holding its inaugural meeting in Geneva, Switzerland, on Oct. 14. … Continue reading Most European Regulators Have Scrutinized Facebook's Libra, Except One: Who’s the Odd One Out?
I’ve been told my “definition” of Blockchain differs from the “commonly used” one. This is probably true, so I decided to examine why. First of all, what’s meant by “commonly used”. I have a problem with this idea because I’m yet to understand the parameters of “commonly used”, and am still trying to understand what … Continue reading Blockchain, Bitcoin, Libra, Facebook
According to the BBC, the G7 group of nations has drafted a report outlining nine major risks that digital currencies, such as Facebook’s proposed Libra, pose to the global financial system. The G7 report stipulates that even if member firms of the governing Libra Association properly addressed regulatory concerns, it may well not be approved … Continue reading G7 Reports Stablecoins Like Libra Threaten Financial Security
The Libra Association has reaffirmed its commitment in creating a payments-oriented stablecoin, holding its inaugural meeting yesterday in Geneva, Switzerland. According to a report from Reuters, the backers of Facebook’s cryptocurrency project selected a five-member governance board voted on articles of association, as mandated by Swiss law. The ruling council will need to reach a majority … Continue reading Libra Forms Governing Board Despite Shrinking Membership
Facebook has welcomed the ideas of using national currency – pegged stablecoins for its upcoming launch of Libra. Reuters reported on Oct 20 that David Marcus, the head leading the Libra project for Facebook, suggested that the project could use alternative stablecoins in replacement of the initially proposed token. At a banking seminar earlier in … Continue reading Facebook Considers Fiat-pegged Stablecoins for Libra