Visa payment system bought collectible NFT CryptoPunks

Cryptocurrency NewsBy 23/08/2021

The operator of international bank cards Visa announced on Monday the purchase of its own collection of “commercial artifacts” NFT CryptoPunks. VISA has an extensive collection of art and antiques related to commerce, including the early paper credit cards and devices that merchants used to record credit card transactions before the advent of electronic point-of-sale terminals. Visa last week bought CryptoPunks Collectible Token # 7610, one of 3,840 female punks, for approximately $ 150,000. CryptoPunks…

AFEN African project launched NFT trading platform

Cryptocurrency NewsBy 23/08/2021

The AFEN project has launched the AFEN NFT marketplace, which will allow African artists to tokenize their artwork and sell them as collectible tokens (NFT). Africa is becoming more and more open to the idea of using digital assets in the economy. Statistics, trends and analysis from industry experts indicate that the African continent is a global market with little or no potential. AFEN is the first government-backed NFT platform. Its goal is a “digital…

Charitable organizations collect cryptocurrency donations to help refugees from Afghanistan

Cryptocurrency NewsBy 23/08/2021

Nonprofit charities have begun accepting cryptocurrency donations to help the thousands of Afghan refugees who fled the country following the Taliban onslaught. New York-based nonprofit Hearts & Homes for Refugees is collecting donations to help the roughly 20,000 Afghans still in the country awaiting special immigration visas. The organization hopes to raise enough funds to relocate Afghan families to Westchester County and accepts donations through the Giving Block service in cryptoassets BTC, ETH, BCH, LTC,…

Sales of Nvidia CMP chips for the second quarter fell short of forecasts for $ 134 million

Cryptocurrency NewsBy 20/08/2021

Q2 sales of CMP mining chips fell short of Nvidia’s forecasts. Instead of the planned revenue of $ 400 million, the company earned only $ 266 million on chips. In the middle of last quarter, the world’s largest GPU manufacturer Nvidia predicted that in the second quarter the company’s profit from the production of special chips for cryptocurrency mining will reach $ 400 million. However, according to the income statement, during the period, chips for…

Central Bank of Thailand suggests ways to reduce risks of digital baht

Cryptocurrency NewsBy 20/08/2021

Analysts at the Central Bank of Thailand (BoT) have proposed three ways to avoid the negative impact of the release of retail government digital currency on the country’s financial sector. Along with many other central banks, the Bank of Thailand is also exploring the possibility of issuing a digital currency and plans to start testing it as early as next year. In a recent study, BoT has focused on retail digital currencies that will be…

ETC Group will launch cryptocurrency ETPs on the Vienna Stock Exchange

Cryptocurrency NewsBy 19/08/2021

The British company ETC Group has announced the listing of exchange traded products (ETP) on BTC, ETH and LTC on the Austrian national stock market. The ETC Group specializes in the development of innovative digital asset backed securities and is backed by a number of major financial institutions in London. The ETC Group’s shareholders include firms such as XTX Ventures, the venture capital arm of XTX Markets that builds the electronic marketplace. According to the…

David Marcus: “Novi Wallet for Facebook Diem is Ready to Go to Market”

Cryptocurrency NewsBy 19/08/2021

The head of the blockchain division at Facebook, David Marcus, writes that Novi wallet for the Diem (formerly Libra) payment system is ready to go to market. He does not name a possible launch date. Markus wrote in an article on Medium that there are many serious flaws in international payment systems. We are talking about their slow operation, high transaction fees and lack of interaction between them. Banking services are still unavailable for 1.7…

Poly Network Hired White Hacker as Chief Security Consultant

Cryptocurrency NewsBy 18/08/2021

The Poly Network management offered the hacker, who stole and partially returned tokens worth $ 610 million, the position of chief security adviser and a reward of $ 500,000. Last week, a hacker hacked into the Poly Network in the largest attack in the history of decentralized finance. Later, the attacker said that he did this not to embezzle users’ money, but out of interest in finding vulnerabilities in the project. The hacker has already…

Cboe Vest launched fund on BTC “with controlled volatility”

Cryptocurrency NewsBy 18/08/2021

Asset management company Cboe Vest launched the first BTC mutual fund with the promise of protecting investors from losses associated with high volatility. A number of experts in the crypto industry believe that Bitcoin volatility is a natural process, similar to fluctuations in oil, gold or traditional currencies. Cboe Vest disagrees with this position and has attempted to provide investors with a tool to predict risk rewards. According to the statement of Cboe Vest, the…

Supreme Court of China approved the legal effect of blockchain entries for internet courts

Cryptocurrency NewsBy 17/08/2021

The ruling of the Supreme People’s Court of China has come into force, according to which the records in the blockchain are now legally binding and can be used as evidence in court. Judicial interpretations of the Supreme People’s Court of China (SPC) entered into force on August 1, 2021, and will be applied in more than 3,500 Internet courts across the country. The rules cover legal practice, general principles, applicable scope and applicable terms…

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