Author: Brian Quarmby

Institutional crypto products eye record AUM as investors pile into Bitcoin

CoinTelegraph

Institutional investors are continuing to pile into Bitcoin despite prices pushing up to a five-month high. According to CoinShares’ Oct. 12 Digital Asset Fund Flows Weekly report, more than $226 million in capital flowed to institutional Bitcoin (BTC) products this Read More

Magic Internet Money races past $1B, sets sights on MakerDao

CoinTelegraph

Abracadabra Money’s stablecoin Magic Internet Money (MIM) has surged past a $1 billion total supply this month as the project works to provide competition to MakerDAO. Abracadabra is a cross-chain stablecoin lending protocol that operates on Ethereum, Binance Smart Chain Read More

Nifty News: DJ Paul Oakenfold to launch album on Cardano, NFL confirms NFTs, and more

CoinTelegraph

Cardano’s daggy dad turns DJ Cardano founder Charles Hoskinson has teamed up with legendary electronic dance music (EDM) DJ Paul Oakenfold to launch a tokenized album on Cardano. Oakenfold is a three-time Grammy Award nominee and his career in the Read More

Eternal Beings NFT prices plunge after rapper Lil Uzi Vert deletes promo Twitter posts

CoinTelegraph

The floor price of Eternal Beings NFTs plunged after affiliated celebrity rapper Lil Uzi Vert deleted his promotional posts about the project. The Solana-based NFT project consists of 11,111 computer-generated alien avatar NFTs that feature similar traits to the Lil Read More

Arca Labs partners with Securitize on regulated, tokenized financial products

CoinTelegraph

As part of its partnership with Arca Labs, Securitize will help launch tokenized financial products for the firm, starting with Arca’s registered tokenized treasury fund. Arca Labs, the innovation arm of digital asset investment firm Arca has partnered with blockchain Read More

SEC was the only regulator not willing to meet with Coinbase: Brian Armstrong

CoinTelegraph

Coinbase CEO Brian Armstrong has stated that SEC won’t meet with the firm, while asserting the 50% of Washington officials are concerned over the risks of crypto. Coinbase CEO Brian Armstrong claims that the U.S. Securities and Exchange Commission (SEC) Read More

Nifty News: Nafty launches naughty NFT site, Dutch DJ pushes limits of physical NFTs

CoinTelegraph

NFT NSFW Nafty, a blockchain firm that produces decentralized NSFW platforms —such as OnlyFans competitor Nafty.TV — launched an erotic-themed NFT marketplace dubbed “NaftyArt” today. NaftyArt aims to provide a platform for erotic artists and adult-content creators to promote and Read More

Apple app store reportedly blocks Gnosis Safe wallet update for hosting NFTs

CoinTelegraph

The Apple App Store reportedly blocked a Gnosis Safe crypto wallet app update due to it hosting NFTs that weren’t purchased inside the app. Lukas Schor —a product developer at Ethereum-based crypto wallet provider Gnosis Safe — revealed the firm Read More

New blockchain platform aims to track one third of all shipping containers globally

CoinTelegraph

Global Shipping Business Network (GSBN) has launched a new blockchain-based platform that could potentially track one-third of shipping containers across the globe. The GSBN was founded in October 2020 by eight global national freight maritime cargo companies to build a Read More

Australian crypto businesses tell Senate inquiry about being de-banked up to 91 times

CoinTelegraph

Crypto-related companies and figures have provided evidence about being de-banked by Australian financial institutions to a Senate inquiry. Crypto investment firm Aus Merchant, global remittance provider Nium and small peer-to-peer crypto brokerage platform Bitcoin Babe were speaking on a panel Read More

SEC threatens to sue Coinbase over crypto yield program it considers a security

CoinTelegraph

The United States Securities and Exchange Commission (SEC) has reportedly threatened to sue Coinbase over a crypto yield program it deems as a security. Coinbase CEO Brian Armstrong tweeted on Sept. 8 that has been some “really sketchy behavior coming Read More

Afterpay tells Senate inquiry crypto could slash merchant payment costs

CoinTelegraph

Australian buy now pay later (BNPL) firm Afterpay believes that local merchants can slash payment costs by utilizing cryptocurrencies. In a submission to the Senate inquiry into “Australia as a Technology and Financial Center”, Afterpay stated that the use of Read More

Nifty News: Dolce & Gabbana’s historic NFTs, ’26 minute’ CryptoPunk flip, FTX spammed

CoinTelegraph

Dolce & Gabbana knocking on the Dior of NFTs Luxury Italian fashion house Dolce & Gabbana is entering the NFT sector with a nine-piece collection of tokenized fashion pieces in collaboration with the Polygon-based UNXD marketplace. The firm was founded Read More

Institutional exposure to altcoin products retests all-time high

CoinTelegraph

Institutional demand for altcoin exposure has surged to record levels, with the altcoin market share now representing a record 35% of capital locked in crypto investment products. According to CoinShares’ Sept. 7 Digital Asset Fund Flows Weekly report, nearly 40% Read More