Bitcoin’s price rises as Amazon’s stock rises 15% in a US tech rebound
Bitcoin regained a significant portion of its recent losses on February 4, but there was still anxiety that a retest of the $30,000 mark was on the horizon. Bitcoin is most likely to maintain its current price of $38,600 According to TradingView, the Bitcoin/USD exchange rate returned to $38,000 on Friday, an increase of more […]
Andreessen Horowitz may soon invest in Bored Ape Yacht Club NFT
In the last couple of months, several investors including musicians, athletes, and celebrities alike have invested in the Bored Ape Yacht club NFT. According to a recent Financial Times story, the firm behind one of the most prominent NFT collections, ‘Bored Ape Yacht Club ,’ may soon get a large investment from popular VC Andreessen Horowitz. Bored Ape Yacht Club is set to hit a mega deal Yuga Labs, the inventor of Bored Ape, is apparently in negotiations with a16z about a fresh fundraising round that […]
Nike takes illegal NFT sneaker vendor to court
The NFT sneakers that prompted the lawsuit against StockX are still available online. Nike has kicked off the “licensed NFT” warfare by suing an online reseller named StockX for trademark infringement or the sale of unauthorized nonfungible token (NFT) footwear. Nike vs StockX According to Reuters, Nike has filed a lawsuit against the reseller in […]
Tezos partners with Man United FC in a $27M deal
The football club and crypto deals are no longer news, Tezos, a Proof-of-Stake blockchain technology, is apparently preparing to announce a multi-year training kit partnership with Manchester United and Baby Doge has struck a deal with a German professional football team to develop NFTs. The Athletic first reported the arrangement, which is said to be […]
7 fascinating ways to use blockchain technology aside from crypto
Apart from the millions of bitcoin traders and software platforms that use the blockchain technology on a daily basis, this article aims to highlight a variety of additional weird and fascinating ways to interact with the technology. What exactly is a blockchain? Blockchain is a method of storing data in such a way that it […]