NYSE Joins NFT Craze By Launching “First Trade” Tokens
Since its meteoric rise that garnered the attention of celebrities, tech moguls and storied auction houses, the non-fungible token (NFT) space has taken another giant stride. Earlier this Monday, the New York Stock Exchange (NYSE) announced that it had minted six NFTs to commemorate notable public listings in the past. 1/6: It’s a major milestone […]
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Cardano’s ADA was among the best performers in the cryptocurrency market this week as traders assessed its bullish prospects against a stagnating top rival Bitcoin and an ongoing craze for non-fungible tokens, or NFTs. The blockchain asset jumped to the third rank after undergoing a 19 percent price rally. As of 1057 GMT, the ADA/USD […]
Yield farming was the defi craze of summer 2020, taking the nascent industry by storm and ushering in new ways to distribute tokens, engage communities, and strengthen network effects. After peaking in October, when yield farms helped send Ethereum network fees to record highs, the yield farming craze abated slightly due to saturation and diminished […]
Uniswap said it is betting on her experience with TradFi translating over to DeFi to further help them evolve their place in Web3. On Wednesday, Uniswap announced that former New York Stock Exchange president Stacey Cunningham will join the company as an advisor.Cunningham served as the first female president of the New York Stock Exchange after beginning her career as a trader on its floor. She said in a statement that she believes in the potential of Uniswap’s commitment to fairer markets.Uniswap is betting on her experience with TradFi translating over to DeFi to further help them....
The world's largest stock exchange may be planning to bring business into the Metaverse. The New York Stock Exchange, or NYSE, has filed a trademark application with the United States Patent and Trademark Office, or USPTO, on Feb 10 to register the name “NYSE” for several blockchains and crypto related products and services. The goods specified include virtual reality and augmented reality software, nonfungible tokens, or NFTs, and online marketplaces.According to the application, the financial exchange would be able to provide “downloadable virtual goods” for NFTs and digital....
Dynamo Kyiv wants to tap into an additional revenue source as stadiums remain empty. Ukrainian football team Dynamo Kyiv is launching its own fan token and digital marketplace powered by blockchain technology.According to a Monday announcement, the team has partnered with Moonwalk, a company specializing in creating digital economies for brands, to release a set of loyalty initiatives for its fans.Dynamo Kyiv fans will be able to earn digital tokens for “social actions” such as playing prediction games or engaging with the club on social media. The tokens will then be spendable as reward....