Blur Facilitates $16M in Loans Via Blend NFT Lending Protocol
Following the launch of its NFTs lending protocol on May 1, recent data has shown that Blur’s protocol for perpetual NFT lending Blend has surpassed $16M in loans only one day after its launch. According to data provided by user @beetle from Dune Dashboard, the nonfungible token (NFT) marketplace Blur has facilitated approximately $16.37 million […]
SI Launches NFT Ticketing Platform Dubbed Box Office
Sports Illustrated’s (SI) new service, “Box Office,” will allow event organizers to issue commemorative nonfungible token tickets, including pre-attendance and post-event audience perks. The ticketing subsidiary of Sports Illustrated, SI Tickets, unveiled the “Box Office” platform on May 2, a self-service event management and primary ticketing solution powered by the Polygon blockchain. Built-in collaboration with […]
Samsung Bans Employees From Using AI Tools
Samsung Electronics Co. is the most recent organization to take a stance against emerging generative artificial intelligence (AI) tools, such as ChatGPT. The organization has also effected a company-wide ban preventing employees from accessing them. Bloomberg reported on 2 May that the company would prohibit its employees’ use of generative AI tools, such as ChatGPT. […]
Blur launches NFT P2P Perpetual Lending Protocol
Blur nonfungible tokens (NFT) marketplace, in collaboration with venture capital firm Paradigm recently launched Blend, a protocol for peer-to-peer (P2P) perpetual lending that supports NFT collateral. Blend lacks Oracle dependencies and expirations, enabling borrowing positions to remain open indefinitely until they are closed. Developers also assert that no fees would be collected from borrowers and […]
Binance Sets to Re-enter Japan After SEBC Exchange Acquisition
Binance is set to reenter Japan after acquiring Sakura Exchange Bitcoin (SEBC), a regulated cryptocurrency exchange platform. According to the notice, Binance Japan could launch in June 2023. According to a report in a local newspaper, SEBC will cease offering its present cryptocurrency exchange and brokerage services on May 31 and reopen as Binance Japan […]