Wollito UAB

“There’s an element here where it gets so low and potentially attractive that it might become a good investment category”

No, Eminem didn’t sell his Bored Ape — yet

“Eminem’s down bad,” Jason Yanowitz jokes upon hearing rumors that the famed performer finally let go of his Bored Ape. A recent tweet — viewed nearly...

1 year ago

The postal service of the autonomous territory of the Faroe Islands has become the latest national postal service to issue a collection of NFT collector stamps.

Faroe Islands postal service issues NFT-embedded stamps

The Faroe Islands have issued a new series of digital “crypto stamps,” with a digital copy stored on the blockchain as a nonfungible token (NFT) while still serving as actual postage...

1 year ago

NFTs might never boom at quite the same pitch they once did. With his first NYC show in 25 years, Kenny Schachter sought to demonstrate how that’s a good thing.

Slow Food: Kenny Schachter reflects on blockchain art’s past, present and future

With crypto in a state of turbulent flux, a demographic of nonfungible token (NFT) detractors in the fine art world might feel trigger-happy to, at last, declare the industry down for the count....

1 year ago

Prime Trust subsidiary Banq has filed for bankruptcy as a result of “internal struggles and unauthorized transfers.

Prime Trust Owned Banq Files for Bankruptcy Amid Internal Struggles

In its filing, Banq mentioned unauthorized transfers by former officers of computers, trade secrets, proprietary information and technology, and business records, to Fortress NFT Group, Inc...

1 year ago

Immersive games and events across Decentraland, Spatial, and Roblox this week will invite users to experience cosmetic brands in new ways.

Metaverse Beauty Week Aims to Showcase the Branding Potential of the Metaverse

In April, the second-ever Metaverse Fashion Week saw attendance plummet by a dramatic 92%, amid souring public perception of immersive virtual realms and an enduring crypto bear m...

1 year ago

Bitcoin rose and Ether fell during Friday afternoon trading hours in Hong Kong, while most of top 10 non-stablecoin cryptocurrencies by market capitalization saw a small rally!

Bitcoin rises, Ether slips, most top 10 cryptos begin to pick up after SEC crackdown

Bitcoin rose and Ether fell during Friday afternoon trading hours in Hong Kong, while most of the top 10 non-stablecoin cryptocurrencies by market capitalization saw a small rally following the ...

1 year ago

The executive, once instrumental to the company’s NFT efforts, was “terminated” amid lackluster Q1 earnings.

GameStop fires CEO Matt Furlong months after axing crypto push

GameStop has fired its CEO Matt Furlong, the executive responsible for launching the company’s push into nonfungible tokens (NFTs). According to a June 7 statement, Fur...

1 year ago

Commonwealth Bank executive James Roberts cited a huge scale of “investment scams” involving crypto exchanges.

Major Australian bank to decline ‘certain’ payments to crypto exchanges

Commonwealth Bank (CBA), the largest bank in Australia, has said it will decline or temporarily hold certain payments to cryptocurrency exchanges, citing the risk of scammers. The move...

1 year ago

Bitcoin Price Prediction

Bitcoin Price Prediction: Support Found at $26,200 - Will We See a Bounce-back?

Bitcoin, the leading cryptocurrency, has recently found support around the $26,200 level, prompting speculation about a potential bounce-back in its price. This support level has been ...

1 year ago

Jón Helgi Egilsson, a former chairman of the Icelandic central bank, urged his former counterparts to "embrace competition" on CBDCs.

Central Banks Should Not Dominate CBDCs, Says an Ex-Central Banker

As central bankers all over the world consider issuing their own digital currency, coined CBDCs, a former member of the fold has argued that they should leave it up to the industry. J&...

1 year ago