NFTs have replaced Lambos as the new crypto status symbol
No matter how much the crypto conversation changes, NFTs continue to dominate it, with PNGs on social media profile pictures becoming the new craze. Lamborghinis were the main “flex” for cryptocurrency “moon-boys” a few years ago, when token prices reached astronomical levels. In the cryptocurrency industry, several high-profile cryptocurrency proponents made it a point to […]
OnlyFans retracts its decision to prohibit porn following assurances from ‘banking partners’
As a result of the backlash from creators and new assurances from at least one bank that had suffered a bad reputation, OnlyFans has reversed course on its decision to ban sexually explicit content. This has not gone down well with a number of major banks, who are concerned about the platform’s ability to connect […]
Microsoft wins US blockchain-related patent for ‘ledger-independent token service’
In order to allow developers to write code for managing tokens in a manner that is not dependent on a blockchain, Microsoft has created a new device. Microsoft , the American technology behemoth, has been awarded a patent for blockchain-related techniques for implementing a cross-chain token management system. The patent was granted to Microsoft’s subsidiary […]
CNBC poll shows 11% of young Americans have invested their stimulus checks into crypto
According to a new survey by CNBC, more than one in every ten American citizens between the ages of 18 and 34 who received Covid-19 stimulus checks have put a portion of their funds into crypto. Survey participants included 5,530 adults who were polled by CNBC and the research firm Momentive. The results of the […]
FTX provides $120 million in debt funding to the Hacked Liquid Exchange
Following a nearly $100 million hack last week, Japanese cryptocurrency exchange Liquid has secured $120 million in debt financing from FTX Trading. The new funds will help Liquid Group and FTX Trading, the owner and operator of crypto exchange FTX , improve their balance sheets and contribute to the exchange’s licensing opportunities in key jurisdictions […]