Why Web3.0 blockchain technology is driving a six trillion dollar market

    The blockchain isn’t just cryptocurrency, and Market Research Future says it’s growing quickly — explains Ray Fernandez on TechRepublic. In 2023, the Web3.0 blockchain technology sector will be worth more than six trillion dollars, according to Market Research Future, and Web3.0 will continue to grow at a CAGR of 44.6% from 2023 to 2030. Because…

    Andreessen Horowitz wants to standardize NFT licensing to avoid legal ambiguity

    Amid confusion over intellectual property (IP) rights, VC giant Andreessen Horowitz (a16z) is releasing a free licensing system for NFTs to address current challenges and ambiguities over the use of crypto collectibles. With help from Punk6529, the new licensing system attempts to standardize options, aiming to help the NFT sector fulfill its “economic potential.” The…

    Messari report: VC crypto investments down 35% in August

    The new report from Messari revealed that venture investments in the crypto sector were down 35% over last month and up 22% since August 2021, with leading The Infrastructure track, accounting for 24%. Total funding for this August was $1.37 billion — down 29% since July and down 32% year-over-year. In August, there were 104…

    JPMorgan reportedly advises investors to stay away from crypto amid recession risks

    David Kelly, the chief global strategist at JPMorgan Asset Management, reportedly warned investors to avoid crypto amid the threat of a recession. As Bloomberg reported, David Kelly noted a high risk of recession and further volatility. “The economy has got one foot into a recession and the other on the banana peel now,” he said….

    Ticketmaster chooses Flow blockchain for NFT tickets

    Event ticketing giant Ticketmaster announced that it will adopt the Flow blockchain for minting tickets as NFTs for select events. Five million Ticketmaster NFTs were already minted in a pilot program over the past six months. Ticketmaster NFTs will function primarily as collectible digital memorabilia, but also as a shareable “proof of attendance.” Over the…

    Coinbase to list AURORA, NEAR, and MXC, according to its listing roadmap

    Leading crypto exchange Coinbase is officially launching trading services for three digital assets – Aurora (AURORA), Near Protocol (NEAR), and Meta X Connect (MXC) – that were recently added to its listing roadmap. According to a recent announcement, Coinbase says that Aurora (AURORA) will be available with the “Experimental” label, which the exchange applies to…