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0 CommentsVideo game and electronics retailer GameStop Corp. unveiled on May 23 a digital asset wallet that will let gamers and others store, send, receive and use cryptocurrencies and NFTs on several decentralized apps without leaving their web browsers. Upon the announcement, GameStop shares jumped nearly 3% in pre-market trading on Monday. According to a company…
Museum of the Future, a futuristic Emirati museum in Dubai, has teamed up with leading crypto exchange Binance to cultivate and present a collection of NFTs. Celebrating International Museum Day, the museum, deemed the world’s most beautiful and futuristic building, is introducing a brand new concept that talks about the possibilities of the future. Launched…
Spotify is reportedly testing the option to include NFT galleries on musicians’ profiles. The test is currently available to select Android users across the United States. Should the trial succeed, artists may soon be able to promote their NFTs on their profiles. Spotify, a major music streaming platform, is testing a new feature that allows…
On May 18, venture capital firm Andreessen Horowitz (a16z) announced the launch of a $600 million fund focused on metaverse games. A16z is looking to expand its reach into the gaming industry, which generated more than $300 billion last year. With the new fund, named “Games Fund One,” the team plans on investing in various…
Trading firm Robinhood plans to roll out a new crypto wallet focused on decentralized finance (DeFi) by the end of 2022. The new custodial wallet will cater to “advanced” crypto users and live separately from the existing wallet, the firm’s Johann Kerbrat said. On May 17, Vlad Tenev, Robinhood CEO, announced the “Web3 crypto wallet”…
Following the latest decline in the crypto market, Morgan Stanley warns investors in other digital assets about the risks of a fall. However, experts suggest that the fortunes of NFTs now depend on around “blue-chip” NFT collections, like CryptoPunks and Yuga Labs’ Otherside. According to last week’s report, the steep declines of Bitcoin, Ether, and…
