Days are gone when cryptocurrencies were deemed a get-rich-quick scheme, as consumers in the United States are changing their minds, treating crypto as ideal investment vehicles, according to a new study by blockchain infrastructure platform Paxos. In a statement, Paxos pointed out that consumers were eyeing financial institutions to fulfil their crypto ambitions. 62% of … Continue reading Consumers See Crypto as Investment Tools, Study says
Solana-based NFT marketplace Snowcrash has announced a partnership with Sony Music Entertainment and Universal Music Group to launch an NFT trading platform, bringing creative arts and digital innovation together. Bob Dylan, Miles Davis, and emerging artist Varvara NFT series will also be launched in the coming months. Filmmaker Jesse Dylan, the founder of Snowcrash, believes … Continue reading Snowcrash Launches NFT platform, Working with Sony Music Entertainment and Universal Music Group
WisdomTree Investments, Inc., a New York-based exchange-traded fund and exchange-traded product provider and asset manager, announced on Tuesday that it has launched three new crypto exchange-traded products (ETPs) backed by Solana (SOL), Cardano (ADA), and Polkadot (DOT) in Europe. The three new physically-backed cryptos ETPs include WisdomTree Solana (SOLW), WisdomTree Cardano (ADAW), and WisdomTree Polkadot … Continue reading WisdomTree Expands Crypto Offerings in Europe, Launching Cardano, Polkadot & Solana ETPs
Hong Kong-based MaiCapital Limited announced Tuesday that it has secured approval from the local Securities and Futures Commission (SFC) to fully manage virtual assets portfolios. In its announcement, MaiCapital said the approval allows the SFC-licensed blockchain and virtual assets manager the authority to manage portfolios that may comprise up to 100% of virtual assets. Prior to securing the … Continue reading Hong Kong's MaiCapital Wins SFC Approval to Fully Manage Virtual Asset Portfolios
To offer students and their families new methods to pay tuition, US-based Bentley University has started accepting crypto payments in the form of Bitcoin (BTC), Ethereum (ETH), and USD Coin (USDC). The private university located in Waltham, Massachusetts State, made this a reality after partnering with crypto exchange Coinbase because it sees cryptocurrencies as one … Continue reading Bentley University Rolls Out Crypto Payment Option for Tuition Fees
Attributed to convenience and flexibility, crypto adoption in Latin America is increasing, according to a study by payments giant Mastercard. The survey dubbed Mastercard’s New Payments Index 2022 highlighted: “51% of consumers in the region have already made a transaction with crypto assets, and more than a third say they have made a payment for … Continue reading Over 50% Consumers in Latin America Conduct Crypto Transactions, Survey Suggests
WisdomTree Investments, Inc., a New York-based exchange-traded fund and exchange-traded product provider and asset manager, announced on Monday that it has added Polygon (MATIC) and Avalanche (AVAX) to indices at two physically backed crypto basket exchange-traded products (ETPs), the WisdomTree Crypto Market (BLOC) and the WisdomTree Crypto Altcoins (WALT). The firm added Polygon and Avalanche … Continue reading WisdomTree Adds Polygon and Avalanche to Crypto-Basket ETPs
Diversification of investment has been an age-old advice. Investing money in stocks, commodities, Futures, Bonds, etc., all have been viable options. However, individuals don’t want to stop at the options in front of them. They want to reach for the options available beyond the borders of their homeland. But politics and economic regulations act as … Continue reading Can’t invest in the US stocks you’re bullish on? DeFi could help
On July 3rd, Europe’s blockchain regulatory sandbox officially introduced its inaugural set of use cases. This milestone follows a period of eager anticipation in the industry, culminating from nearly 90 applications submitted back in April. Initiated in 2020 by the European Commission and the European Blockchain Partnership (EBP), the sandbox is set to close the … Continue reading European Regulatory Blockchain Sandbox Welcomes Its First 20 Projects
Blockchain technology has been a game-changer, fueling the rise of decentralized applications and introducing novel concepts like Web3, NFTs, and the Metaverse. Leading this significant transition is BNB Chain, a platform dedicated to creating cross-chain/multi-chain infrastructure and interoperability. They aim to lay the groundwork for the next 1 billion Web3 users, making it effortless for … Continue reading BNB Chain: Driving the Next Billion User Revolution in Web3, NFTs, and the Metaverse – An Exclusive Interview