Venezuela’s “Digital Bolivar” debuts in October
Venezuela’s Central Bank will simultaneously devalue its currency by deducting six zeros from it in order to combat monetary inflation. Venezuela’s currency will be undergoing a transformation in more ways than one as the government attempts to contain inflation while also establishing monetary sovereignty. The Central Bank of Venezuela announced today that the digital bolivar, […]
Bored Apes, Meebits, and More CryptoPunks NFTs to be Auctioned at Christie’s
The revered auction house began offering NFTs for sale late last year. Several NFTs from three of today’s most popular collections—Bored Apes, Meebits, and CryptoPunks—will be available for bidding at a Christie’s auction later this month. The information was confirmed by a specialist at Christie’s to Decrypt. Non-fungible tokens (NFTs) are collectibles based on blockchain […]
Marvel’s First Official NFTs debuts with Spider-Man
The NFTs which can be purchased for up to $400 each, are Marvel’s first official crypto collectibles, with more to come later this month. When the NFT market exploded earlier this year, Marvel Entertainment didn’t immediately jump into the fray, but the comic book giant eventually announced plans to release NFTs through the VeVe marketplace […]
Lead Republican, Senator Rob Portman supports crypto amendment bill
Given that Senator Rob Portman has previously referred to the section on brokers in the proposed bill as a “common-sense provision,” his position on the crypto amendment is a bit surprising. Several Republican senators, including Senator Rob Portman of Ohio , who is a leading voice in negotiations over an infrastructure bill in the U.S. […]
Invesco seeks SEC approval for Bitcoin ETF
Invesco, an Atlanta-based investing firm, plans to launch a new Bitcoin (BTC) exchange-traded fund that will not invest in the crypto directly. The firm stated the fund may “at times” invest in Bitcoin ETFs listed outside of the United States. Invesco filed an application with the Securities and Exchange Commission (SEC) on Wednesday to list […]