Archive for the ‘blockchains’ category: Page 11

Apr 30, 2022

NFTs Are Legally Problematic ft. Steve Mould & Coffeezilla

Posted by in categories: blockchains, education, law

Ah, NFT’S. I genuinely am not sure how I feel or think about them, though I DEFINITELY lean towards an annoyed 🤔MEH🙄.

What I DO know is that this is a great, brief look at the legal aspects of the issues surrounding it and the thing itself.

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Apr 28, 2022

BlackRock launches a blockchain ETF that offers a ‘gradual entry point’ into the tech — and the opportunity for exponential growth, says top iShares exec

Posted by in categories: blockchains, cryptocurrencies

BlackRock announced on Wednesday its new iShares Blockchain and Tech ETF (IBLC), which allows investors to gain exposure to the blockchain sector without any direct investments in cryptocurrencies.

The exchange-traded fund tracks US and international companies involved in the “development, innovation, and utilization of blockchain and crypto technologies,” BlackRock said. Currently, the fund has over $4.7 million in net assets across 34 holdings, excluding cash positions and derivative exposures.

The ETF is a “gradual entry point into the blockchain ecosystem” and includes holdings like crypto exchanges, crypto miners, and underlying technologies, said Rachel Aguirre, BlackRock’s head of US iShares product, at a Wednesday panel event.

Apr 25, 2022

Somnium Space is an immersive virtual world where players can go kayaking and visit NFT museums. Here’s an inside look at how the world almost had me sold on the metaverse vision — if only it hadn’t been plagued with tech issues

Posted by in categories: blockchains, space

Meetups occur every day at 10 p.m. Central European Time. Users gather in Somnium Space’s city center, known as City Plaza, which is next to Somnium’s virtual headquarters. Events there include open-mic nights, concerts, and developer meetups.

Making money in Somnium Space

Continue reading “Somnium Space is an immersive virtual world where players can go kayaking and visit NFT museums. Here’s an inside look at how the world almost had me sold on the metaverse vision — if only it hadn’t been plagued with tech issues” »

Apr 20, 2022

FBI warning: These hackers are targeting developers and DevOps teams to break into crypto firms

Posted by in categories: blockchains, business, cryptocurrencies, cybercrime/malcode, government

The US government has detailed how North Korean state-sponsored attackers have been hacking cryptocurrency firms using phishing, malware and exploits to steal funds and initiate fraudulent blockchain transactions.

The Federal Bureau of Investigation (FBI), the Cybersecurity and Infrastructure Security Agency (CISA), and the U.S. Treasury Department (Treasury) have issued a joint cybersecurity advisory to warn all businesses in cryptocurrency to watch out for attacks from North Korean state-sponsored hackers.

Apr 13, 2022

Ukraine launches NFT ‘Museum of War’ to raise funds for its military

Posted by in categories: blockchains, military

Apr 11, 2022

Mastercard filed 15 crypto and metaverse-related trademark applications. Here’s a look at what the company may have in the works

Posted by in categories: blockchains, cryptocurrencies

Payments company Mastercard has applied for at least 15 crypto-and metaverse-related trademarks, according to data from the United States Patent and Trademark Office payments giant Mastercard filed 15 cryptocurrency, metaverse and NFT related trademark applications on April 4th.

Mastercard’s applications include trademarks for virtual cards and payments in the metaverse, an application to create NFTs, an NFT marketplace, as well as a marketplace for crypto assets in general.

“Provision of an online marketplace for buyers and sellers of downloadable digital goods and media authenticated by non-fungible tokens (NFTs),” one of Mastercard’s applications, serial number 97,346,029, read.

Apr 8, 2022

Metaverse Will Be Most Popular Place to Buy, Trade, Store Cryptocurrency, Survey Shows

Posted by in categories: blockchains, cryptocurrencies

The metaverse will become the most popular place to buy, sell, and trade cryptocurrency, according to a recent survey. In addition, 70% of respondents agreed that “cryptocurrency and blockchain technology advancements will be critical to shaping the future of the metaverse.”

Survey: Metaverse Will Be the Most Popular Place for Crypto

Nasdaq-listed Agora (NASDAQ: API), a video, voice, and live interactive streaming platform, conducted a survey on the metaverse and published the results Tuesday.

Apr 7, 2022

Is Crypto Re-Creating the 2008 Financial Crisis?

Posted by in categories: blockchains, finance, space

What follows is one of the most fascinating and eye-opening conversations I’ve had about crypto. We cover America’s casino mindset, the echoes of the financial crisis she’s sensing right now, how to regulate crypto, and how to innovate without exploiting others. Allen offers a lacerating but level-headed criticism of the space that is well worth your time.

Charlie Warzel: Your essay is about DeFi, or decentralized finance. Like a lot of terminology in the crypto space, DeFi is pretty broad and vague but also very much accepted in the lexicon. How do you define it?

Hilary J. Allen: Like any evolving space, the terminology is hard to pin down. People inside the crypto world have different definitions for DeFi and would probably argue with mine. But the way I think of DeFi is as a way to describe any analogue of traditional financial-service transactions—loans, deposits, etc.—that are provided using technological tools like the blockchain or facilitated through smart contracts or stablecoins. The technology is what is different, but the financial transactions are very much similar to traditional finance.

Apr 5, 2022

Are NFTs Bad for the Environment?

Posted by in category: blockchains

Although NFTs are literally just images on the internet, they rack up a lot of emissions. In fact, the average NFT generates 211 kg of CO2, compared to an avera… See more.

NFTs have exploded in popularity in the past year, with sales increasing by 1,700% between December 2020 and February 2021 alone (, 2021).

This uptake in digital art has led some artists around the world to earn millions of pounds just from selling one single image.

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Apr 3, 2022

WEB3: 2Be Or Not 2Be

Posted by in categories: bitcoin, blockchains, finance

As an investor in emerging technology and a nascent observer of Web3, I’ve spent some time researching this phenomena that has brought many skeptics to the fore, in the midst of whales, and dare I say, a handful Crypto and NFT Kool-Aid drinkers, who have amassed fortunes in the process.

I get that the current web needs some serious fixing. If anything, Web2 has continued to tighten and centralize more control in the hands of Big Tech, governments, and financial institutions. The publishing industry is dying as FB and Google have all but severed the revenue streams for the Guardian, now Buzzfeed and New York Times, relegating these once-giants to plead for monthly donations to stay afloat.

The mortgage crash of 2008 gave rise to Bitcoin, with the promise to separate the financial system from the powers of a sovereign nation, effectively democratizing wealth and financial control for each individual on the planet. And while the last decade has seen an explosive growth in Bitcoin valuation, the extreme volatility within its expensive financial system has kept the mainstream at bay.

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