Source: Adobe/nikkimeel Fox Entertainment looks set to breathe fresh life into the non-fungible token (NFT) sector with a new animated series fronted by the creator of the hit show Rick and Morty – and launching a dedicated NFT and blockchain subsidiary. The new firm will be called Blockchain Creative Labs, Fox confirmed, per the Hollywood […]
The Bank of Japan headquarters. Source: Adobe/Leonid Andronov A Bank of Japan (BoJ)-issued review has tackled the topic of decentralized finance (DeFi) – and has concluded that while certain “risks” are entailed with DeFi adoption, there could be some positive aspects to greater DeFi proliferation. The review was published by the Bank of Japan’s Payment […]
The Gwangandaegyo or Diamond Bridge in Busan, South Korea. Source: Adobe/Tom Just a year ago, Busan, the second biggest city in South Korea, was celebrating after it was granted the nation’s first blockchain regulatory sandbox status – with grand plans afoot for implementing tokenized business plans and crypto-powered innovation throughout the city. But a new […]
Source: iStock/traveler1116 Social-media startup Kik Interactive Inc. of Waterloo, Ontario, intends to fight the US Securities and Exchange Commission (SEC) in court over the categorization of their token as a security, arguing that “the tokens represent a new kind of asset that shouldn’t be subject to the same rules as stock or bond offerings.” A […]
Source: iStock/Purdue9394 After skyrocketing by more than 111% this week Ripple’s XRP overtook Ethereum’s Ether and became the second largest cryptocurrency by market capitalization this Friday. Well, for less than a few hours (for now.) It’s not the first time XRP overtakes Ether — on December 29th 2017, Ripple overtook Ethereum for one day. At […]