Tag: Business

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Voyager Digital will be crypto brokerage partner for Dallas Mavericks

Under owner Mark Cuban, the basketball franchise was one of the first in the NBA to accept crypto payments for tickets and merchandise. Crypto trading platform Voyager Digital has inked a deal with the Dallas Mavericks basketball team aiming to make crypto more accessible through fan engagement and other educational programs. In an Oct. 27…
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26 companies and advocacy groups call on Valve to reverse its blockchain games ban

“The potential blockchain gaming ecosystem will grow to be orders of magnitude larger than it is now, by the end of this decade,” said Enjin chief technology officer Witek Radomski. Digital rights advocacy group Fight for the Future, the Blockchain Game Alliance, Enjin and 26 blockchain game companies have called out video game corporation Valve…
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Adobe offers users the ability to verify NFT marketplace creations through metadata

The software company’s Content Credentials can add an NFT creator’s wallet address and social media information to the metadata of tokens listed on the marketplace. Many nonfungible token (NFT) marketplaces are allowing digital collectors to identify artwork based on the wallet address of its creator through a partnership with software giant Adobe. In a Tuesday…
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NFL quarterback Tom Brady gives fan 1 BTC for his historic 600th-touchdown-pass ball

The GOAT rewarded a Tampa Bay Buccaneers fan after wide receiver Mike Evans mistakenly handed him the ball following the historic touchdown. Tampa Bay Buccaneers quarterback Tom Brady nearly lost ownership of the ball behind his 600th touchdown pass, but now he’s paying for it… in Bitcoin (BTC). In Sunday’s game between the Buccaneers and…
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Okcoin reports altcoins drove institutional interest in crypto for 2021

The recent purchasing behavior of institutional investors contrasts with that in 2020 and earlier, when “institutions exclusively favored altcoins that were at least four years old, such as Ether and Litecoin.” Cryptocurrency exchange Okcoin has reported the number of and trading volume of institutions surged significantly in the last year, driven largely by stablecoins and…
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BlockFi partners with Neuberger Berman to launch crypto ETFs

“We are witnessing a significant shift in investor sentiment towards digital assets, and we believe that digital assets should be considered in modern portfolios,” said Greg Collett, president of the joint venture. Crypto lending firm BlockFi has formed a business with New York-based investment management company Neuberger Berman for the development and distribution of crypto…
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How NFTs are empowering recording artists and helping them escape centralized platforms

One project claims to be bringing together “streaming, VR, metaverses and NFTs” into one platform for music fan engagement and some degree of control. Blockchain is rapidly becoming the innovative force industry insiders have been promising for years. The number of projects and artists offering their works using it as a core technology may be…
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Polygon pays $2M bounty on bug which could have compromised $850M in user funds

The white hat hacker speculated that the bug might have been created from “using someone else’s code and not having a 100% understanding of what it does.” White hat hacker Gerhard Wagner has earned $2 million after reporting a solution to a potentially costly “double-spend” bug on the Polygon network. In an Oct. 21 blog…
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Reddit may be preparing to launch its own NFT platform

Other social media platforms including Twitter and Facebook have been working to support NFTs, if not create a competitor to major marketplaces. Social media platform Reddit appears to be hiring workers to support the design, build, and maintenance of a nonfungible token platform. According to a Greenhouse job posting, Reddit is looking for a senior…
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Valkyrie Bitcoin futures-linked ETF launches on Nasdaq, with share prices dropping 3% in first hour

While the price of Bitcoin rose above $63,000 during the launch of ProShares’ Bitcoin Strategy ETF, it dipped under the price level today to hit the $61,000s. The second Bitcoin (BTC) futures-linked exchange-traded fund in the United States began trading on the Nasdaq, opening at a price of $25.52 per share. According to the Nasdaq,…
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