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March 4, 2022

Manchester City Soccer Club Signs Deal With Crypto Exchange OKX

Manchester City Soccer Club Signs Deal With Crypto Exchange OKX

The partnership gives OKX a presence at the English Premier League champion’s Etihad Stadium. Cryptocurrency exchange OKX, formerly OKEx, has secured a multiyear partnership with English Premier League champion Manchester City. The deal is OKX’s first foray into soccer sponsorship and will see the exchange’s branding featured at the Etihad Stadium, Man City’s home. The …

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Ukraine Cancells Crypto Airdrop Program, Instead Embraces NFTs Plan

Ukraine Cancells Crypto Airdrop Program, Instead Embraces NFTs Plan

Ukraine’s government announced on Thursday that it cancelled its plan of a crypto airdrop for receiving donations towards its fight against last week’s Russian invasion. The authorities have instead stated that they will sell non-fungible tokens (NFTs) to raise funds to support its armed forces. Mykhailo Fedorov, Ukraine’s Vice Prime Minister, informed the public on …

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What Are IPFS and Filecoin and How Can They Be Used for NFTs?

What Are IPFS and Filecoin and How Can They Be Used for NFTs?

What do you really get when you purchase a NFT? You own a one of a kind token on a blockchain that references some off-chain information. The token is non-fungible (extraordinary) and permanent (being on a blockchain). That is all that a NFT ensures: You own an extraordinary and unchangeable reference to certain information. Zeroing …

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Leaked Images Suggest Opensea Plans to Add Solana-Based NFT Support

Leaked Images Suggest Opensea Plans to Add Solana-Based NFT Support

Leaked images that allegedly derive from the leading non-fungible token (NFT) marketplace Opensea indicate that the platform may soon introduce Solana-based NFTs. The images were discovered by the tech blogger Jane Manchun Wong who is well known for leaking information about yet-to-launch features from specific tech platforms. Tech Blogger With History of Discovering Yet-to-Launch Features …

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Bitcoin booms as the rouble tumbles: What role is crypto playing in the Ukraine war?

Bitcoin booms as the rouble tumbles: What role is crypto playing in the Ukraine war?

While Russia’s rouble is buckling under sanctions, Bitcoin and other digital currencies are rising, stoking speculation that their use could help Moscow bypass the West’s economic blockade. Russia’s invasion of Ukraine has sparked a slew of economic sanctions from governments around the world, sending the Russian currency plunging to record lows and raising the spectre …

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Airbnb is suspending all operations in Russia and Belarus

Airbnb is suspending all operations in Russia and Belarus

KEY POINTS Brian Chesky, the company’s CEO and co-founder, announced the move on Twitter late Thursday as companies continue to boycott Russia following its invasion of Ukraine. The move may not have a significant impact on Airbnb’s bottom line, particularly as the vast majority of airlines have stopped flying to Russia in recent days. Meanwhile, …

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Dogecoin Foundation registers name and logos as trademarked within in the EU

Dogecoin Foundation registers name and logos as trademarked within in the EU

The foundation took action to prevent “attempts by people completely unaffiliated with Dogecoin to register” the names for reasons of fraud and extortion, according to board member Jens Wiechers. The Dogecoin Foundation announced on Twitter on Wednesday that it had registered “Doge,” “Dogecoin” and its associated logos as trademarks in the European Union. The certificate …

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Why Charles Schwab Is Prepping Its First Crypto Product

Why Charles Schwab Is Prepping Its First Crypto Product

The financial services giant follows BlackRock, Fidelity and other big-name firms that capitulated on digital assets. Schwab Asset Management is preparing to offer its first in-house crypto product to its 33 million clients: the “Schwab Crypto Economy ETF” – a vehicle that tracks equities engaged in the world of digital assets. An incomplete prospectus filed Wednesday with …

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Swiss City Lugano Partners with Tether to Adopt Crypto Tax Payments

Swiss City Lugano Partners with Tether to Adopt Crypto Tax Payments

The City of Lugano in Switzerland has entered into a partnership with Tether Operations Limited to drive its technological advancement while enabling its capabilities to allow its residents to pay their taxes through cryptocurrencies. Per the announcement from the duo, the partnership will help to establish a centre of excellence for blockchain adoption in Europe while helping to …

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Billboard and Universal Music Group Partner to Launch Flow-Based NFT Collectibles

Billboard and Universal Music Group Partner to Launch Flow-Based NFT Collectibles

On March 2, the global music media brand Billboard announced the firm has partnered with Universal Music Group (UMG) in order to launch a non-fungible token (NFT) project called Chartstars. According to Billboard, the Chartstars project will be Billboard’s first NFT product focused on music fans, as Chartstars aims to “commemorate achievements and milestones on …

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