Author: Crypto Insider

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…

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…

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….

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…

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…

Virtuzone, the UAE’s leading firm providing corporate and business formation services, announced a strategic partnership with Binance to enable digital payments via Binance Pay on August 29. The company joins the list of major businesses in the UAE, such as JA Resorts and Hotels and Majid Al Futtaim, to officially accept cryptocurrencies following the integration…