Friday, May 20

Crypto & NFT

How ECASH by the US Treasury Benefits Crypto Market?
Crypto & NFT, United States

How ECASH by the US Treasury Benefits Crypto Market?

Governments have undermined financial privacy for decades, but it seems as if officials have increased their efforts as of late. The European Union voted in favor of outlawing anonymous transactions in cryptocurrency, Canada's prime minister chose to freeze the bank accounts of protestors, and the US Congress was considering expanding financial surveillance by the Internal Revenue Service to all bank accounts with $600 of annual activity. And all of that has taken place in just the last six months. In one such initiative, the US House of Representatives has pushed for a digital dollar, unlike the traditional dollar bill. Representatives Stephen Lynch (D‑MA), Jesús Garcia (D‑IL), Ayanna Pressley (D‑MA), Rashida Tlaib (D‑MI), and Alma Adams (D‑NC) introduced the bill as another option...
China Bans Crypto Mining: Chinese Crypto Traders at Loss
China, Crypto & NFT

China Bans Crypto Mining: Chinese Crypto Traders at Loss

On Friday, September 24, 2021, China's most powerful regulators went a step further by issuing a blanket ban on all cryptocurrency transactions and crypto mining, hurting bitcoin and other big coins, squeezing the whole cryptocurrency and blockchain ecosystem influencing the value of major cryptocurrencies. Ten government organizations, including the People's Bank of China and the central bank, together with banking, securities and foreign exchange regulators, have agreed to work together to root out "illegal" cryptocurrency activities for the first time. According to George Zarya, CEO of Bequant crypto exchange in London, China often takes drastic measures with claims of threats or countermeasures but then goes completely radio silent for some time. He openly stated that China would n...
Investment Round-Up August 1-14, 2021: Crypto, IBS, SPAC
Business, Crypto & NFT

Investment Round-Up August 1-14, 2021: Crypto, IBS, SPAC

Investment Round-Up August 1-14: Acquisition Menlo Park, California, United States-based Robinhood (NASDAQ:HOOD) is a stock brokerage platform that helping customers buy and sell stocks, options, ETFs, and cryptocurrencies with zero commission. On Aug 10, 2021, the company acquired SAY for $5.6B. SAY is a technology platform that empowers shareholders to access their full ownership rights. Previously, Robinhood acquired Binc and MarketSnacks. Toronto, Ontario, Canada-based Varicent Software provides incentive and sales performance management solutions for finance, sales, human resources, and IT departments. On Aug 10, 2021, the company acquired Concert Finance for an undisclosed amount. Concert helps your company commission smarter through better administration, reporting, and plan desig...
Second-Half July 2021 Investment Brief: Bitcoin Mining, Flower Shop, IPOs
Business, Crypto & NFT

Second-Half July 2021 Investment Brief: Bitcoin Mining, Flower Shop, IPOs

July 2021 Investment Brief: Acquisition Boston, Massachusetts, United States-based Amwell (NYSE: AMWL) is a telehealth platform providing its patients with more affordable, higher quality health care. On Jul 28, 2021, the company acquired Conversa Health for $160M. Conversa Health is a virtual care platform that provides automated patient engagement and management. Previously, Amwell acquired SilverCloud Health, Aligned TeleHealth, and Avizia. New York, United States-based Taboola (NASDAQ: TBLA) is an AI-powered content discovery platform connecting people with content on the web that suits their interests. On Jul 23, 2021, the company acquired Connexity for $800M. Connexity is a digital advertising company that works with merchants to determine which product offerings to put on publis...
Portrait of Ethereum Founder Vitalik Buterin as “CryptoMother”
Crypto & NFT

Portrait of Ethereum Founder Vitalik Buterin as “CryptoMother”

NFT STARS is a cross-chain NFT marketplace that makes it easy for users to switch between blockchains. The NFT STARS marketplace has a vibrant collection of artworks for art lovers, collectors, investors, and NFT gamers. The marketplace is selective about artists to ensure each one enjoys Gas-free NFT minting. On this platform, artists can host virtual exhibitions in an Augmented Reality (AR) environment and have the privilege of collective NFT ownership. Based in Australia, NFT STARS has announced the auction of "CryptoMother" by Ethereum Founder Vitalik Buterin. As per NFT STARS, "CryptoMother" is the only artwork signed by the Ethereum Founder Vitalik Buterin available at the marketplace. The auction is scheduled for July 30, 2021, ahead of Ethereum's London hard fork launch on Augus...
Composting AR/ VR/ XR, Metaverse is Coming After You!
Crypto & NFT, Technology

Composting AR/ VR/ XR, Metaverse is Coming After You!

2021 has little room for coincidences and chances; it is the opening of deliberate moves, and so that holiday offer is deliberate; it is a digital algorithm that mirrors your thinking—summarily, the Metaverse. The prefix "meta" means "beyond," and "verse" a backformation of "universe." According to Epyllionco Managing Partner Matthew Ball, Metaverse is "the convergence of online gaming, virtual reality, augmented reality, user generating content and social networking." Think of this Metaverse or AR/VR/XR technology as the quasi successor to mobile Internet. In the 90s, our mobile Internet today sprang to life how the technology is leading today. In AR/VR/XR technology, the iteration will take place in vast blobs of virtual worlds or virtual simulations, unlike mobile Internet, which suf...
Non-Fungible Token or NFT for the Creator Economy
Crypto & NFT, Technology

Non-Fungible Token or NFT for the Creator Economy

A Non-Fungible Token or NFT erupted in 2021, with virtual currency enthusiasts and traders scrambling to get a piece of the action. NFTs first came into existence in 2015, with the first few projects launching in 2017. Unique items, such as collectibles are sold online using NFTs. Because each piece is one-of-a-kind and cannot be duplicated, NFTs create exclusivity, making them attractive to collectors, artists, and other vendors. Several musicians and multimedia artists have recently explored the NFT sector to sell their creations as collectibles or art. WazirX, a cryptocurrency exchange in India, has officially launched India's first NFT platform.  Notable NFT Transactions New billionaires have emerged due to the bitcoin boom, and they are exploring other cryptocurrencies to invest th...
A Beginner’s Guide to the Fascinating World of Cryptocurrency
Crypto & NFT, Technology

A Beginner’s Guide to the Fascinating World of Cryptocurrency

What is this hype around cryptocurrency? Why is everyone going gaga over it? Well, a cryptocurrency is a digital currency for the purchase of goods and services. The regulated currency ($, ₹, £) is converted into tokens, and by leveraging the decentralized blockchain methodology, users transact securely in the unregulated marketplace, such as casinos or the dark web. Today, 2.8 million to 5.8 million global cryptocurrency users publicly trade in more than 4810 (CoinMarketCap entries) different cryptocurrencies. The exponential success of this virtual currency is credited to Bitcoin (BTC)—the world's largest cryptocurrency. The total crypto market volume of April 22, 2021, is $206.31B. In India, as of Apr 22, 2021, 1 Bitcoin equals INR 40,22,284.91!  Top 5 Most Common Cryptocurren...
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