KEY POINTS Russia’s largest lender said its European subsidiaries had experienced “abnormal cash outflows” and expressed concern for the safety of its employees and properties. As of late morning trade in London, Sberbank shares were down 94.24% to trade at $0.01. The bank has lost 99.9% of its value since the start of the year. …
Russia’s Sberbank collapses 95% on London stock exchange as it exits Europe Read More »
Ryan Peterson, CEO of Flexport, announced on Twitter that their $1.6 billion balance sheet contains bitcoin. The CEO of Flexport says they have bitcoin on the balance sheet. Bitcoin White Paper listed on Flexport’s website. The company has a $8 billion valuation with $1.6 billion on the balance sheet. Ryan Peterson, CEO of Flexport, a …
GLOBAL SUPPLY CHAIN LOGISTICS COMPANY FLEXPORT HAS BITCOIN ON THEIR BALANCE SHEET Read More »
Popular K-Pop singer Sunmi faced a backlash after launching NFTs, Valve CEO Gabe Newell has boldly praised NFT tech while ragging on people in the space, and Dolly Parton launched Dollyverse NFTs. According to data from DappRadar, the nonfungible token (NFT) portfolios belonging to Iconic rapper Snoop Dogg and popular entrepreneur Gary Vaynerchuck are worth …
Nifty News: Snoop Dogg and Gary V have $95M in NFTs, Dolly Parton’s Dollyverse and more… Read More »
Bitcoin’s rally to nearly $45K has propelled the increase. A broad run in the digital asset market, led by bitcoin nearing $45,000, has pushed the total market cap for crypto past $2 trillion, according to CoinGecko data. The crypto market was last at $2 trillion in August. In the last week, bitcoin has jumped nearly 14%, and ether has …
Crypto Market Cap Pushes Past $2T as Major Cryptos Surge Read More »
With knowledge being a flywheel for Ethereum (ETH), the Ethereum Foundation has deemed it fit to explore the network’s potential through academic research by releaseing a new wave of grants worth $750,000. Per the announcement: “This grants round aims to support formal research on Ethereum and related domains while bringing more actors into the ecosystem. The …
Ethereum Foundation Releases Grants worth $750,000 to Fund ETH Research Read More »
Mobile network operator MTN recently staked claim to its status as one of the first South African companies to enter the metaverse, after it purchased 144 plots of digital land in the virtual world Ubuntuland for an undisclosed amount. MTN Seeks to ‘Amplify Consumers’ Digital Experiences’ South Africa’s mobile network operator, MTN, recently bought 144 …
South African Mobile Network Operator MTN Buys Land in the Metaverse Read More »
U.S. oil climbed to the highest level since 2013 during overnight trading Tuesday, with global benchmark Brent topping $110 per barrel as crude’s blistering rally continues. The advance comes as OPEC and its oil-producing allies, which includes Russia, prepare to meet Wednesday to discuss April’s output. West Texas Intermediate crude futures, the U.S. oil benchmark, …
A Dutch artist has made a collection of NFTs numbered up to 7.9 billion — the same amount of people in the world — as a social experiment. Dutch artist Dadara and digital rights management platform RAIRtech have developed a collection of 7.9 billion identical nonfungible tokens (NFTs). The collection, named “CryptoGreymen,” is on the Polygon Ethereum …
Nifty News: One NFT per human in existence and the Pixelmon controversy Read More »
Following a ban on Bitcoin mining in China, many operations fled to neighboring Kazakhstan. Now, changing regulations raise questions about their future. Bitcoin’s hash rate is hovering around all-time highs, but many miners are still struggling to recover from regulatory changes in regions that became major hubs for the industry. During the summer of 2021, China’s …
The University of Cambridge, through the Cambridge Centre of Alternative Finance (CCAF), has rolled out a multi-year research initiative with 16 key financial institutions like WorldBank, IMF, and MasterCard to shed more light on the rapidly evolving crypto-asset ecosystem. The research initiative dubbed the Cambridge Digital Assets Programme (CDAP) seeks to paint a picture of the opportunities and …
