Find Satoshi Lab, the company behind the move-to-earn application STEPN, is releasing membership-based, multi-chain NFT marketplace MOOAR, aiming to establish a self-sustaining ecosystem for its product lineup. MOOAR users will be able to purchase the sneakers necessary to use STEPN (which currently trade on Magic Eden at a floor price of 0.98 SOL, or about…
Global payments company MoneyGram has added a service to its mobile app allowing US customers to buy, sell and hold Bitcoin, Ether, and Litecoin. Via the existing partnership with crypto exchange Coinme, the company expects to expand those cryptocurrency selections over the coming year. The new feature is being enabled by cryptocurrency exchange Coinme, in…
Mike Winkelmann, a digital artist, also known as Beeple, is planning to build his own museum in the US to exhibit digital art, including NFTs. Known for his record-breaking sale of NFT artwork at a Christie’s auction, the artist is now aiming to bring the NFT world to a broader audience by establishing a real-world…
Top crypto news from the Middle East region over the last week (Oct. 22–28, 2022): BitOasis with Mastercard rolls out crypto-linked cards in the MENA region Сrypto platform BitOasis and Mastercard have partnered to launch a series of crypto card programs in the MENA region to enable the use of cryptocurrencies at points of sale…
GameStop’s NFT marketplace has officially launched on layer-2 Ethereum scaling protocol Immutable X and will offer digital assets from major Web3 games. Lately, the video game stores’ business is on the downswing. But now, GameStop is becoming a major player in the NFT gaming industry, rivaling crypto-native NFT gaming platforms like Fractal, founded by Twitch’s…
The UAE’s Central Bank (CBUAE) has announced the completion of “the world’s largest pilot” of central bank digital currency (CBDC) in collaboration with the central banks of four countries. Central banks from Thailand, Hong Kong, and China, with more than 20 commercial banks from these countries, took part in the pilot, recording over $21 million…
How do the pros spend their time? Jeff Wilser of CoinDesk asks two of the best. Charts, charts, and more charts. Then more charts. If it’s a day that ends in a Y, a crypto trader is looking at charts. “I have to be on top of things at all times,” says Adrian Zdunczyk, a…
Breaking crypto news from the last week (Oct. 22 – 28, 2022): Oct. 22: OpenSea revises its NFT rarity ranking protocol OpenRarity, launched after community controversial feedback. Some community members argued that the new rarity ranking protocol disrupts the market-driven rarity structure for some NFT collections. Meanwhile, CoinShares launch its own experimental AI bot to…
Top investment deals across the crypto sector over the last week (Oct. 22–28, 2022): MakerDAO plans to move 1.1 billion USDC into Coinbase custody MakerDAO, the issuer of DAI stablecoin, is reportedly moving forward with a proposal to onboard an account to Coinbase prime and transfer about $1.1 billion (33% of its USDC) into custody….
The crypto industry can provide novel opportunities to generate value, but some of those avenues can’t all be found in traditional finance, writes Tongtong Gong on CoinDesk. Crypto is a $900 billion global market that institutional investors are sizing up. Despite the inherent risks involved in participating in any nascent sphere, institutional financial players are…