NFT marketplace OpenSea has frozen 16 Bored Ape and Mutant Ape nonfungible tokens (NFT) after they were reportedly stolen yesterday from a New York art gallery operator. In total, one Clonex, seven Mutant Ape Yacht Club, and eight Bored Ape Yacht Club NFTs currently valued at about 615 ETH ($2.28 Read more…
RadioShack.com is now showing visitors a new message: “Bringing cryptocurrency to the mainstream…” With a 100-year-old brand, “we are going to lead the way for blockchain tech to reach mainstream adoption by other large brands.” The RadioShack home page says they’ll start with a “symbiosis” with Atlas USV, a community-driven Read more…
Climate change, the rapid growth of “stablecoins” and financial innovations that led to frenzied trading of GameStop shares early this year are threats to the U.S. financial system that merit closer scrutiny, a Treasury Department-led regulatory panel said on Friday. In its annual report, the Financial Stability Oversight Council (FSOC) Read more…
For a brief moment, their worlds had changed. From a report: On Tuesday afternoon a Coinbase “display issue” changed the balances of an untold number of customers’ accounts — making many of them billionaires in the process. Billionaires on paper, that is, because as Coinbase hastily pointed out in a Read more…
An underwater hockey league connected the founders of the Solana blockchain to investors who bought the Solana token. The 4,300-fold increase in the price of the blockchain’s tokens explains why more VC funds want to hold these assets. The Information: When Solana Labs CEO Anatoly Yakovenko tried to raise money Read more…
Federal Reserve Chairman Jerome Powell said Wednesday that he doesn’t view cryptocurrencies as a “financial stability concern.” From a report: Cryptocurrencies “are really speculative assets,” Powell said in a press conference Wednesday after the Fed said it would accelerate the pace of its tapering of bond purchases and penciled in Read more…
The Bank of England has said that bitcoin could be “worthless” and people investing in the digital currency should be prepared to lose everything. The Guardian reports: In a warning over the potential risks for investors, the central bank questioned whether there was any inherent worth in the most prominent Read more…