Nike’s selling virtual sneakers in the metaverse. Play-to-earn gamers in NFT-based Axie Infinity have bought and sold in-game items nearly 11.5 million times, with $3.81 billion changing hands. E-sports — watching people play video games over livestream — is a $1 billion business that attracts...
Evedo is looking to provide blockchain solutions for businesses and participants working with event organizing, a Tuesday (Jan. 4) Cointelegraph report says. Evedo founder and CEO Stoyan Angelov spoke with Cointelegraph about the company’s plan, explaining that the tech works through the EVED utility token,...
Welcome to the first installment of PYMNTS’ series on nonfungible tokens (NFTs), the newest craze in cryptocurrency. Over the coming 12 days, we’ll be looking at every part of the NFT craze sweeping the worlds of art, video games, social media, fashion and sports. When...
Without a fairly sharp jump, bitcoin is going to end the year below the $51,000 level at which El Salvador bought its first 200 BTC, a somber note for the largest cryptocurrency’s turn as an official national currency. But then, El Salvador’s President Nayib Bukele...
Decentralized finance is at the core of the crypto revolution. Or so the hype says. In the year in which the world woke up to the reality of cryptocurrency as something other than a combination of techie plaything and tool of criminals, DeFi stood out....
Welcome to the 10th installment of PYMNTS’ series on decentralized finance (DeFi). We’ve been looking at every part of DeFi — the biggest, hottest, most rewarding and risky part of the blockchain revolution. By now you should have a solid grasp of the basics of DeFi...
The digital bank Mercobank says it plans to enter the NFT market, while also beginning to explore the metaverse. “With the emergence of new innovative technologies ‘Metaverse’ and its platforms, the demand for non-face-to-face environments will certainly be on the rise,” the bank said in...
A couple of weeks ago, some history buffs raised more than $40 million via a crypto crowdfunding mechanism called a DAO with the goal of purchasing an original copy of the U.S. Constitution, offering cryptocurrency tokens that would let the holder vote to do, well,...
The Central Bank of Bahrain has granted Binance in-principle approval to become a crypto-asset service provider in the kingdom, Binance announced Monday (Dec. 27). Binance says this came after the company applied for a CBB license to become a fully-regulated, centralized crypto exchange. Meanwhile, digital...
