Tag: Business

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NBA Star Sells Just 10% of Tokenized Contract

Brooklyn Nets star Spencer Dinwiddie’s offering of tokenized shares in his NBA contract concluded after only raising 10% of its target. Professional basketball player Spencer Dinwiddie has had a disappointing response to his offering of tokenized shares in his $34 million contract with the National Basketball Association (NBA). The token sale concluded almost one year…
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Dfinity’s Internet Computer Could Be a Truly Decentralized Alternative

The blockchain and smart contracts you interact with may be decentralized, but the cloud services often used to access them aren’t. Dfinity’s Internet Computer is stepping up to set that straight. Proponents of blockchain technology herald decentralization as a key facet of its revolutionary nature. But the majority of users are still accessing decentralized exchanges,…
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Most Music Listeners Would Pay for Music with Crypto to Help Artists

The survey revealed that 65% of eMusic customers would use cryptocurrency to allow artists to receive a larger music revenue split. A survey conducted by pioneering digital music store eMusic revealed that most of their service’s users were open to paying with crypto if it allowed artists to earn more. The survey — shared exclusively…
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South Korea Will Air a Crypto-Themed TV Series in October

“Romantic Hacker” will feature a K-pop star whose story is based on the hack of a fictitious crypto exchange. A K-drama series titled “Romantic Hacker” is set to air online in October across South Korea. It focuses on crypto and blockchain-related topics and is linked to a romance story. The show is slated to film…
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India Leads P2P Volume Records Among Emerging Markets

Numerous emerging crypto markets are showing dramatic growth in P2P trade, with India and Ghana producing enormous growth during 2020. Half a dozen emerging markets have established new records for weekly peer-to-peer (P2P) Bitcoin (BTC) trading, including India, Ghana, the Philippines, Argentina, Mexico and Egypt, according to data published by Useful Tulips. India comprised the…
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Deutsche Telekom’s T-Systems Is Now a Chainlink Node Operator

A subsidiary of $80 billion German behemoth Deutsche Telekom has become a Chainlink node operator and will engage in “generalized mining.” A subsidiary of Deutsche Telekom called T-Systems has become a Chainlink (LINK) node operator. Deutsche Telekom is one of Germany’s leading companies, employing over 200,000 people and has a market capitalization of $80 billion.…
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Tether Jumps to $10 Billion Market Capitalization

Tether has reached $10 billion in market capitalization as growth in 2020 picked up. Tether (USDT) has reached a market capitalization of more than $10 billion as of July 22. The milestone was announced by Tether and also seen through the market price aggregator CoinGecko. Tether’s issuance has seen a significant growth in 2020, doubling…
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The Cat in the Hat Is Coming to the Blockchain

Leading NFT collectibles issuer Dapper Labs has announced a deal with Dr. Seuss Enterprises to launch tokenized collectibles depicting the firm’s iconic characters. Dapper Labs, the team behind the pioneering non-fungible token (NFT) game CryptoKitties, has partnered with Dr. Seuss Enterprises to launch tokenized digital collectibles depicting the company’s most iconic characters. Announced on July…
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Sizeable Portion of Tether’s $4.5B Growth Comes From Exchange Fiat

Tether rose quickly to $9.1 billion in 2020 as supply doubled since March, but some of that is old money being repurposed into USDT. Tether (USDT) recently rose through the ranks as it replaced XRP as the third highest ranked asset by market capitalization. It now sits at a total of more than $9 billion…
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Could Compound’s Governance Token COMP Be Deemed a Security?

Examining COMP’s ability to pass the Howey test for being qualified as investment contracts and to be considered a security. Innovation springs eternal in the digital asset ecosystem, and with Compound’s launch of its governance token, COMP, last month, the burgeoning world of decentralized finance continues to pick up steam. The broader cryptocurrency community has…
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