Bank of America crypto strategists Andrew Moss and Alkesh Shah wrote in a note that central bank digital currencies (CBDCs) “are an inevitable evolution of today’s electronic currencies,” according to a Bloomberg report. Continue Reading →
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A popular internet meme: On November 12, 2021, Odell Beckham, Jr. signed a deal with the Los Angeles Rams for $750,000, which he accepted in bitcoin (BTC). Continue Reading →
I saw a tweet this morning about purchasing a Bored Ape NFT for 135 ETH that I assumed was completely fake. It turned out to be fake. But the transaction is absolutely real. How do I know? The Ethereum blockchain is a public ledger. Transactions are viewable by anyone (including you and me), so let's do a little exploring and see who spent $337,500 (1 ETH = $2,500 right now) to get their Bored Ape. Continue Reading →
Meta might be the next to hop on the NFT bandwagon. The Financial Times’ sources claim Meta is developing ways to create, display, and sell NFTs on Facebook and Instagram. Continue Reading →
Instagram announced a subscription feature to help creators earn recurring monthly revenue, which is great news for creators who have started to earn on other platforms like TikTok, YouTube, and OnlyFans. Continue Reading →
Two seemingly unrelated stories should get your attention today. Microsoft's planned $75 billion acquisition of Activision Blizzard lays the groundwork for a corporatized, centralized metaverse that will enjoy all the advantages of technical dominance and global brand recognition at birth. Continue Reading →
How often does 5G cause interference with altimeters on commercial airliners? Once you ask that "loaded question," the FUD has been deployed, there's going to be an investigation, and some people will be scared to the point where 5G won't be allowed because "you're never certain." Welcome to an unfortunate logical fallacy that will cost millions of dollars to address. Continue Reading →
According to CNBC, Walmart plans to create its own cryptocurrency as well as a collection of NFTs. The big-box retailer filed for several new trademarks that indicate its intent to make and sell virtual goods, as well as to create its own cryptocurrency and NFTs. Continue Reading →
You just purchased your first NFT. Where is it? Is it sitting in your account on the marketplace you purchased it from? Do they have custody of your digital asset or do you? Did you transfer your NFT to your crypto wallet? If so, do you believe your new NFT is actually in your wallet? It isn't. That's not how this works. Here's what is really in your wallet. Continue Reading →
Gap is the latest retailer to launch an NFT collection, which includes $415 tokens that come with a physical hoodie. Continue Reading →