Coinbase NFT, the crypto exchange’s newly launched NFT marketplace, has a problem with attracting users. The once-anticipated platform still has fewer than 1,300 total users, according to Dune Analytics. On its first day, the marketplace, which opened its beta up to the public yesterday, saw fewer than 150 new users make a trade on the…

Few people today doubt that in a few years, central bank digital currencies (CBDCs) will be as widespread as cash is now. But so far, no one can tell how exactly Western countries will approach their digital money. And this question, as you are about to see, is hardly a trivial one. If you discount…

The high-end fashion brand Gucci has announced it will begin accepting cryptocurrency in some of its US locations later this month, with plans to roll out the program to its other 111 North American stores this summer. Gucci is just the latest one among the various luxury labels to begin accepting crypto payments. According to…

Major crypto exchange Coinbase has taken out a loan from Goldman Sachs using its Bitcoin assets as collateral to strengthen ties between crypto and traditional banking. The amount of the historic transaction has not been disclosed, but the collateral for it was based on a portion of Coinbase’s Bitcoin Holdings. As of 2021, Coinbase owns…

US-based crypto exchange Kraken has opened the waitlist for its upcoming NFT marketplace. The exchange posted this bullish announcement on May 3, claiming that its marketplace would be the complete solution for exploring, curating, and securing NFT collections. Unlike available on other marketplaces, Kraken NFT promises to offer gasless trading. The Kraken NFT marketplace will…

Algorand (ALGO) has teamed up with FIFA to become the football organization’s official blockchain partner. The blockchain will be a “regional supporter” for North America and Europe at this year’s World Cup in Qatar and an official sponsor of next year’s Women’s World Cup. Apart from becoming FIFA’s official blockchain platform, Algorand will also offer…