Chinese Communist Party issues warning about the NFT hype bubble
When the NFT bubble bursts, the local news publication, acting as the party’s spokesperson, warns of a significant reduction in the value of the party’s assets. The Chinese government has issued a series of remarks criticizing the value of the non-fungible token (or NFT) market, despite the fact that the technology is being pursued by […]
Bank for International Settlements: The Rise of Stablecoins and DeFi Make Central Bank Currencies “Urgent”
Traditional banking is under threat, according to Benoit Coeuré, the director of the Bank for International Settlements’ Innovation Hub. According to Benoit Coeuré, head of the Bank for International Settlements ‘ (BIS) Innovation Hub, key pillars of today’s cryptocurrency economy, such as stablecoins and decentralized financial infrastructure (DeFi), pose a danger to the world’s central […]
Trailer for Anthony Hopkins’ NFT Film Zero Contact Finally Released
Oscar-winner In the sci-fi picture Zero Contact, Anthony Hopkins plays a tech billionaire, and it will be distributed as an NFT. Zero Contact, a science fiction film starring Anthony Hopkins and distributed as a non-fungible token, has received its release date and debut trailer (NFT). NFTs are cryptographically unique tokens that can be associated with […]
Nasdaq for supply pricing feeds for DeFiChain tokenized stock trades
NASDAQ, along with Finnhub and Tiingo, will provide its price feeds to DeFiChain, an open-source decentralized financial infrastructure (DFI) platform based on the Bitcoin network. Despite the fact that tokenized equities have had a rocky few months from a legal standpoint, legacy financial institutions and proponents of decentralized finance (DeFi) have continued to sign new […]
Blockchain-based platform for fractional property ownership goes live in India
RealX, a blockchain-based platform, enables Indian investors to buy and sell “direct deeded co-ownership” in vacation homes and other vacation properties. Earlier this year, a fintech company located in Pune, India, established a blockchain-based registry system called RealX, which allows Indian people to purchase fractional ownership in properties. According to a story in The Economic […]