TL;DR Breakdown: Indian exchange, WazirX has launched an NFT marketplace. The platform is designed to enable Indian artists and creators to easily participate in the growing NFT market. The Binance-owned Indian cryptocurrency exchange, WazirX, has joined the list of companies looking to extend the growth of the non-fungible token (NFT) market. A report on Monday […]
·         Chinese CBDC used for transactions across border. ·         PBoC calls for cooperation and world-wide interoperability Digital Yuan makes debut cross-border transaction China successfully completed a first international test of its CBDC. The pilot test was carried out between China and Hong Kong. An official at the Peoples Bank of China (PBoC), Wang Xin, said […]
TL;DR Breakdown: PayPal now allows US customers to checkout using cryptocurrency, in addition to other payment options. This comes as part of the company’s effort to drive up the adoption of cryptocurrencies.  Last year, the American payment giant PayPal launched its cryptocurrency service, allowing customers in the United States to invest in popular digital currencies, […]
TL;DR Breakdown: Visa now accepts USDC stablecoin as a settlement currency.  The company said its customers are increasingly demanding access to digital currencies.  Digital currencies are becoming almost unavoidable for many financial companies, following the growing interest and acceptance across many countries. Today, Visa Inc. has become the first major payment network to support a […]
TL;DR Breakdown: OpenSea will support NFT contents issued on the Kakao blockchain network, Klaytn. This marks the second blockchain supported by the NFT marketplace, after Ethereum. In an effort to promote the growing attention and participation in the globally non-fungible token (NFT) market, OpenSea, a leading NFT marketplace, announced it would be supporting the native […]
TL;DR Breakdown: New York Times columnist Keven Roose sold a digital article as NFT for $560,000. The proceeds will be donated to charities supported by the company. The NFT frenzy has continued to grow stronger with every proceeding day, as different contents are being tested and auctioned-off on blockchain as non-fungible tokens. On Thursday, a […]
TL;DR Breakdown: A young Canadian artist just became a millionaire by selling his artworks as NFT. He raised over $1 million in profit from 130 NFT contents. The current frenzy and growing interest in the non-fungible token (NFT) market are turning even young artists into millionaires. While speaking with The Star, Jonathan Wolfe, a 21 […]
TL;DR Breakdown: Justin Sun bought Beeple’s OCEAN FRONT masterpiece for $6 million. The NFT will be stored on TRON, marking the network’s foray into the NFT market. The founder of TRON, Justin Sun, has been named the winner of the “OCEAN FRONT” masterpiece from the popular digital artist, Beeple, who’s formally known as Mike Winkelman. […]
TL;DR Breakdown: Tesla now accepts payments in Bitcoin for its electric cars. The company plans to retain any Bitcoin paid to them instead of converting back to cash.  Popular electric car manufacturer, Tesla, has finally rolled out support for customers to purchase its products using the largest cryptocurrency, Bitcoin (BTC). Elon Musk, the CEO of […]
TL;DR Breakdown: Cristiano Ronaldo has been awarded 770 JUV to celebrate his 770 career goals. Juventus is among the few football clubs that launched a digital currency.  The Juventus superstar, Cristiano Ronaldo, has become the first player to receive the club’s digital currency (JUV) in celebration of his extraordinary record since his football career. As […]