Ronaldo unveils 4th NFT collection, Rabbit responds to Coffeezilla: Nifty Newsletter

AI company Rabbit denied Coffeezilla’s claims that the firm was not forthright about the open-sourcing of its past NFT project.

Ronaldo unveils 4th NFT collection, Rabbit responds to Coffeezilla: Nifty Newsletter

In this week’s newsletter, read about footballer Cristiano Ronaldo’s latest nonfungible token (NFT) collection and the new StepN Go app, which allows users to earn tokens w...

3 months ago

US Treasury report outlines potential financial risks of NFTs

The government department outlined potential concerns with the NFT market, including terrorist financing, theft, and funding nuclear proliferation.

US Treasury report outlines potential financial risks of NFTs

The United States Treasury Department has released its first-ever finance risk assessment for nonfungible tokens (NFTs) in an attempt to provide regulators with greater insight into potential ri...

3 months ago

Gemini returns $2.18B to Earn users following 18-month withdrawal freeze

Gemini has announced a $2.18-billion distribution to its Earn program users 18 months after it suspended withdrawals.

Gemini returns $2.18B to Earn users following 18-month withdrawal freeze

Crypto exchange Gemini has kicked off the process of reimbursing users of its now-defunct lending program, Earn.  According to an announcement, Gemini’s Earn users were ...

3 months ago

PayPal expands PYUSD to Solana, targets payment use cases

PayPal’s PYUSD stablecoin is now available on Solana and Ethereum, offering a chain-agnostic experience for its users.

PayPal expands PYUSD to Solana, targets payment use cases

PayPal has chosen the Solana blockchain to expand its stablecoin, PayPal USD, marking its first move beyond the Ethereum ecosystem. According to an announcement on May 28, PYUSD has be...

3 months ago

El Salvador’s Bitcoin, AI plans could boost GDP tenfold by 2029: Cathie Wood

The ARK Invest CEO praised the Central American country for being an “oasis” for Bitcoin and AI adoption.

El Salvador’s Bitcoin, AI plans could boost GDP tenfold by 2029: Cathie Wood

El Salvador could see its gross domestic product (GDP) increase tenfold over the next five years if it stays with its Bitcoin  and artificial intelligence adoption plan under Nayi...

3 months ago

Breaking barriers: A platform aims to overcome self-custody wallet challenges

A self-custody crypto wallet aims to address the challenges of making secure and anonymous transactions across multiple chains.

Breaking barriers: A platform aims to overcome self-custody wallet challenges

Addressing the challenges of self-custody crypto wallets, zkGUN provides secure and anonymous transactions across multiple chains, all within a single user-friendly app.

3 months ago

Riot Platforms proposes $950M buyout for Bitfarms amid CEO dispute

The hostile offer comes after a private offer to the board was rejected in April.

Riot Platforms proposes $950M buyout for Bitfarms amid CEO dispute

Bitcoin miner Riot Platforms has announced an offer to buy Bitfarms at a significant premium over its share price. Riot made an offer to its smaller Canadian competitor’s board on April 22...

3 months ago

Cathie Wood’s ARK Invest pours $60M into Elon Musk's AI venture

Cathie Wood’s ARK Invest has committed $60 million to Elon Musk’s xAI startup, demonstrating the firm's confidence in its potential amid a surge in AI investments.

Cathie Wood’s ARK Invest pours $60M into Elon Musk's AI venture

ARK Invest, the investment management firm founded and led by veteran investor Cathie Wood, announced the acquisition of a stake in Elon Musk’s artificial intelligence (AI) startup. ...

3 months ago

BlackRock adds own Bitcoin ETF to income and bond funds

One of the funds was BlackRock’s Strategic Income Opportunities Fund worth over $37.4 billion.

BlackRock adds own Bitcoin ETF to income and bond funds

BlackRock’s income and bond-focused funds have bought shares of the asset manager’s own spot Bitcoin $67,823  exchange-traded fund (ETF) in the first quarter, reg...

3 months ago

MoonPay launches Web3 platform for brands, digital experience

Crypto firm MoonPay is targeting digital experience for brands in its new Web3 platform, a market estimated to reach over $25 billion by 2029.

MoonPay launches Web3 platform for brands, digital experience

Crypto infrastructure firm MoonPay has doubled down on services targeting digital experience for brands. According to an announcement on May 28, the company is launching a platform dedicated to ...

3 months ago

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