The multinational e-commerce company – Shopify – enabled its users to mint and trade non-fungible tokens on its platform. To provide this opportunity, the firm partnered with GigLabs – an organization that specializes in offering tools to operate with NFTs. Shopify Enters The NFT Universe Tobias Lütke – Chief Executive Officer at the company –...Read More
What is a Native Utility Token Utility token’s specialty is having more functionality than a regular crypto coin. They are not created strictly as a currency but more as a straightforward way to give users access to services or products. Advertisement Many of these tokens start as an ICO (initial coin offering) to fund the...Read More
In an official announcement, the company noted that it has confidentially submitted a Form S-1 with the United States Securities and Exchange Commission (SEC). Reddit Commences Plans to go Public Reddit did not disclose any further information about the proceedings but stated that it had started the paperwork with the SEC regarding its intended IPO...Read More
Bitcoin is soaring against the Turkish Lira – but not due to increased demand. Rather, low-interest rates are causing the nation’s currency to rapidly decline, lowering its value against Bitcoin, dollars, and other currencies/ assets. The Turkish Lira Tumbles As reported by Reuters, the Lira dropped by another 5.6% against the dollar on Thursday. This...Read More
An independent NFT project, Sneaky Vampire Syndicate (SVS), has announced a partnership with Paramount Pictures and Spyglass Media Group’s horror film Scream. The Collaboration According to the press release shared with CryptoPotato, SVS and the horror film are joining forces to promote the latest movie in the Scream franchise, which is set to hit the...Read More
[PRESS RELEASE – Paris, France, 16th December 2021] December 15th, 2021 – Paris Blockchain Week Summit (PBWS), a leading international conference dedicated to professionals in the blockchain and crypto assets space, has announced its 2022 edition will take place as a hybrid event from the 12th – 14th April 2022. In addition to Tim Draper...Read More
Impersonation scams are a growing threat in the cryptocurrency community, and a large number of victims continue to fall for them. The latest such example involved MicroStrategy’s CEO, and someone sent two BTC to a fake giveaway address using his name. In giveaway scams, bad actors typically impersonate a well-known figure and promote deceiving campaigns...Read More
[PRESS RELEASE – Road Town, British Virgin Islands, 16th December 2021] Phased Revamp Simplifies Access to Digital Assets as the Mainstream Arrives Quadency has launched a phased overhaul of its trading and strategy automation platform to allow seamless access to crypto across centralized and decentralized exchanges through a single account. As part of the upgrade,...Read More
Creator community Rally has announced it has a new general counsel, Rob Collier, who comes from a pedigree of leading the compliance efforts inside Facebook/Meta’s key crypto initiatives, Novi. Collier joins an already accomplished group of executives that worked at some of the largest web2 social and creator-focused platforms such as Patreon, Twitter, YouTube, Kickstarter,...Read More
In an announcement on Dec. 16, Bitwise chief information officer Matt Hougan unveiled the launch of the Bitwise Blue-Chip NFT Index Fund in what he claimed was the world’s first. He added that the fund, which rebalances every three months, would hold the ten most valuable NFT collections, including CryptoPunks, Bored Ape Yacht Club, Meebits,...Read More
[PRESS RELEASE – New York, USA / NY, 15th December 2021] Mochi Inu (MOCHI) is the latest entry into the memecoin ecosystem and differentiates itself by successfully combining both memecoins and decentralized finance (DeFi), two of the most popular crypto subsectors, into a single coherent ecosystem. In addition, Mochi will soon enable community members to...Read More
The preference towards the use of cryptocurrencies as an investment and store of value continues to maintain a generational gap, with Millennials at the forefront in the use of decentralized technologies – especially millionaire investors. According to the latest edition of the CNBC Millionaire Survey, the majority of millennial millionaires have invested in cryptocurrencies and...Read More
