mastercard

Mastercard taps Paxos to launch crypto trading for banks

Mastercard officially announced on Oct. 17 a new program to enable financial institutions to bring crypto trading capabilities and services to their customers. Called “Crypto Source,” the program is designed to allow users to buy, hold and sell cryptocurrencies, complemented by Mastercard’s proprietary Crypto Secure solution for additional security and compliance. The tool is launched in cooperation…

Etherium Coin

Ethereum co-founder Vitalik Buterin shares vision for layer-3 protocols

While Ethereum-based layer-2 solutions have been focused on hyperscaling the network, Ethereum co-founder Vitalik Buterin believes layer 3s will serve a far different purpose — providing “customized functionality.”  Buterin shared his thoughts in a Saturday post, providing three “visions” of what layer 3s will be used for in the future.  The Ethereum co-founder said a third layer on…

NFT

NFT Infrastructure Company Gomu Closes $5M Seed Round

Gomu, a non-fungible token (NFT) infrastructure company, has closed a $5 million seed round, the company announced Wednesday. The fundraise included participation from venture capital firms Coinbase Ventures, DeFiance Capital, Saison Capital and others. A spokesperson for Gomu declined to disclose the company’s valuation. Founded earlier this summer, Gomu has launched two products, NFT Hub and Collection.xyz, which make it…

Bored APE club

CoinShares Releases Experimental AI Bot That Tries to Calculate the Fair Price for an NFT

Europe-based digital asset management platform CoinShares released an experimental artificial intelligence (AI) bot on Thursday that might be able to help traders determine a fair price for some non-fungible tokens (NFT). The experimental project, called CoinShares NFTAI, aggregates different sets of data to provide a user with what it determines is a fair price for a rotating list of…

Cryptocurrency Investments

Crypto Winter is back. So, who’s investing in crypto in 2022? The answer may surprise you.

This year has been tough for everyone. Whether you’re an investor or not, the economichardships stemming from COVID-19 have been felt – supply chain issues, inflation rates, andnow interest hikes. On top of that, for crypto investors, there was Voyager and Celsiusdeclaring bankruptcy, which froze millions in customer assets, and the Luna fiasco which shookthe…

Metaverse, NFT

The world’s cultural heritage is being preserved one NFT at a time

The Monuverse is taking some of the world’s most precious monuments and preserving them forever as NFTs in the digital universe. The use cases of nonfungible tokens (NFTs) have evolved from pixelated Punks and Apes to real-world applications like real estate contracts and music royalties. Another use case is surfacing as the Monuverse uses NFTs to preserve cultural heritages…