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0 CommentsHalsey Minor, CEO of the NFT publishing platform provider Vivid Labs, says that NFTs, however multimedia-rich they may be, “can be more valuable if connected to real-world products.” The industry will need to have dynamic NFTs, he claimed. In an interview with Cointelegraph, he noted a distinction between NFT creators that “sell media” like a…
In a recent interesting report, the Financial Stability Board argues that cryptocurrency markets are evolving at a rate that could pose a threat to global financial stability, writes Nikolaos Akkizidis from LegacyFX. The three main reasons for this assessment are: Their scale. Their structural vulnerabilities. The increasing interconnectedness with the traditional financial system. Also, the…
According to a PricewaterhouseCoopers (PwC) report, the total value of crypto-related mergers and acquisitions (M&A) rose to $55 billion in 2021 versus $1.1 billion a year earlier. The average deal size has more than tripled since 2020 to $179.7 million, while the total value of crypto fundraising deals climbed by 645%. The US led in…
Future and current decentralized projects need to consider utility and ease of accessibility in order for DeFi to survive the unpredictable volatility of the market. It has arguably never been easier to participate in the crypto ecosystem. After centralized exchange powerhouse Coinbase recently began allowing its users to deposit part of their fiat paychecks into…
Blockchain and cryptocurrencies are not only difficult to regulate but are also here to stay, said Varouj Nerguizian, CEO of the UAE-based Bank of Sharjah. However, despite this prediction, the CEO admits that many in the banking sector still do not fully understand this technology. Varouj Nerguizian, the CEO of Bank of Sharjah, has said…
Why this downturn is different from 2018. Michael J. Casey, CoinDesk’s Chief Content Officer, shared his opinion in Money Reimagined, a weekly look at the technological, economic, and social events and trends that are redefining our relationship with money and transforming the global financial system. When token markets plunged in 2018 following the initial coin…
