Dashible, Inc. a leading SaaS provider to independent retail businesses, is introducing the world’s first NFT (Non-Fungible Token) marketplace for clients. Local companies of all sizes will be able to generate and sell NFTs via the VIPnft.biz marketplace. The marketplace utilizes Polygon, a Layer-2 blockchain that speeds transactions and lowers costs while remaining compatible with...
Category: TRENDS IN CRYPTOS
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CRYPTO FIRMS SLASH STAFFS, SLOW HIRING
Beset by a “crypto winter” in which cryptocurrency values have tanked and investor interest has chilled, companies in the industry are cutting jobs and slowing hiring. Coinbase, the largest U.S. exchange, had previously said it would hire 6,000 new workers this year but recently rescinded job offers to more than 300 people. Gemini Trust, another...
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BLOCKCHAIN BATTLES
HUMAN RIGHTS GROUPS DEFEND CRYPTO TO CONGRESS. Finally, something both Russia and Ukraine agree on: Cryptocurrencies have been a godsend to tens of millions of people seeking freedom and democracy around the world. That’s the message that human rights groups over 20 mostly third world countries had for Congress this past week, according to outlet...
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WHO SAYS YOU CAN’T HAVE PHYSICAL CRYPTO?
Want a physical note in particular crypto, and denomination amount? A company named Noteworthy is making it happen. The company unveiled a 1 bitcoin cryptonote on 9 June as part of CoinDesk’s Consensus Conference. Noteworthy bills itself as the leading builder of physical cryptonotes, and their bitcoin note was designed by cryptocurrency pioneer Peter Vessenes,...
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DAO INVESTMENT VENTURES OUT
Traditional “venture capital” investment funds run by savvy, even legendary figures in the financial world have made thousands and millions for participants. But they’re often open only to investors of certain means, are directed by a small group of individuals, and are considered highly illiquid vehicles—ie., money invested is often locked in for a period...
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FIDELITY’S FLEDGLING DIGITAL DIVISION STAFFS UP
Fidelity Digital Asset Services, a division of Fidelity Investments, is out to hire 110 engineers and developers knowledgeable in blockchain technology to create a digital infrastructure to support investment services in ether and other digital assets beyond Bitcoin, the Wall Street Journal reported. The division also will add 100 customer service representatives. In April, Fidelity...
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TECH EXPERTS LOBBY FOR CRYPTO CRACKDOWN
Twenty-six prominent technologists have signed a letter to the U.S. Congress urging a crackdown on the cryptocurrency industry, which Securities and Exchange Commission chair Gary Gensler has called “the Wild West,” as we noted in “Gensler: Crypto Not Viable Long-Term” (28 Sep 2021). The signers include Kelsey Hightower, Google’s chief cloud engineer; Miguel de Icaza,...
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AT DAVOS, FINANCIERS TOUT CENTRAL BANK DIGITAL CURRENCIES
Leaders in the financial industry made their case for central bank digital currencies (CBDCs) at the World Economic Forum at Davos, Switzerland, last month. “Bitcoin may be called a coin, but it’s not money,” Kristalina Georgieva, managing director of the International Monetary Fund, said, “It’s not a stable store of value.” “Cryptocurrencies are not a...
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BLOCKCHAIN BATTLES
MORATORIUM ON BITCOIN MINING IN NEW YORK. Despite cheap hydroelectric power, and the highest net outflow of people fleeing the state because of a poor economic environment and other facts, NY is on the edge of cutting off new mining of the sector’s most historically successful asset, bitcoin. This past Friday, the State Senate voted...
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ACLU CALLS FOR A RETAIL DIGITAL CASH THAT FUNCTIONS LIKE PHYSICAL CASH
Given the surveillance and control capabilities that can easily be designed into government CBDCs (Central Bank Digital Currencies), it seems highly unlikely that the U.S. will ever issue “digital cash” content to mimic the features of physical money. But that hasn’t stopped advocacy groups like the American Civil Liberties Union (ACLU) from dreaming. A recent...