The NFT party is over and everybody now owes storage rent
In 2021, Christie’s sold a Beeple NFT for $69.35 million, and Sotheby’s took another $24.40 million for 101 Bored Ape Yacht Club NFTs, giving cartoon primates the kind of auction-house…
XRP News: Ripple Takes Aim at SWIFT, Pantera CEO Says
Dan Morehead, founder and CEO of Pantera Capital, told CNBC News that Ripple is going after the cross-border payments turf long dominated by SWIFT, reviving a comparison that has trailed…
Washington has $114 billion reasons to want Tether around
Not that long ago, Washington fined Tether for misleading people about the dollars behind its tokens. Today, the company’s insatiable appetite for American debt is the main argument for sending…
XRP News: Ripple’s Multi-Asset Payments Model Predates Resurfaced XRP Remarks
Ripple CEO Brad Garlinghouse said XRP may be the best bridge asset for some cross-border payments, while a stablecoin could solve other customer needs more effectively. The XRP remarks surfaced…
AI Crypto Coins Revenue Gap Puts Token Value to the Test
The AI coin crypto sector sits at $24-25 billion, with a total crypto market of approximately $2.86 trillion. Anthropic reportedly raised $65 billion at a $965 billion valuation in May,…
XRP Price Under Pressure: Spot Selling Overwhelms ETF Demand
XRP price is hovering at the $1.50 level, down 8% over the prior 24 hours after failing to hold the $1.60 level. The drop happens even as U.S. spot XRP…
NEAR Crypto Tokenized Stock Launch Puts Distribution Ahead of Scale
NEAR crypto and Ondo Finance have launched access to tokenized U.S. stocks and ETFs on near.com, opening with 20 assets including Nvidia, Tesla, Apple, Microsoft, Amazon, SPY and QQQ. Eligible…
Bitcoin posts on X can pay even when Bitcoin doesn’t
You don’t have to own Bitcoin to make money from people getting excited about it. On X, just posting about it can be a business in itself, and the company…
ARK partners with Securitize to put a venture fund on Ethereum, but leaves exit doors locked
ARK Invest and Securitize announced on Sept. 24 that eligible investors would be able to hold tokenized interests in the ARK Venture Fund on Ethereum. This new ownership route puts…
Payy bridge exploit freezes crypto cards, and no balances remain safe
Payy has frozen its stablecoin payment network, including card transactions, after saying its Ethereum bridge contract was exploited and drained on Sept. 24. Its announcement covers deposits, withdrawals, transfers, and…