In March 2021, crypto entrepreneur and investor David Johnston moved his parents, wife, three daughters, and company with him to Puerto Rico. The 36-year-old, who has been involved in the crypto ecosystem since 2012, says the decision to relocate from Austin was kind of a no-brainer. Beyond the fact that Puerto Rico offers a year-round...
Category: Technology
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The metaverse is money and crypto is king – why you’ll be on a blockchain when you’re virtual-world hopping
You may think the metaverse will be a bunch of interconnected virtual spaces – the world wide web but accessed through virtual reality. This is largely correct, but there is also a fundamental but slightly more cryptic side to the metaverse that will set it apart from today’s internet: the blockchain. In the beginning, Web...
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Samsung Opens Flagship Metaverse Store in Decentraland
The American arm of South Korean electronics giant Samsung has announced the opening of 837X, a virtual replica of its flagship 873 store, in the metaverse platform Decentraland. Samsung 837X is now in the Metaverse 🌐 at #CES2022 Join us and experience the world of Samsung like never before. Explore fun quests for a chance...
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Cardano vs. Ethereum: Can Ada Solve Ether’s Problems?
Competition in the decentralized application space is heating up, and Cardano is looking to become a major contender. Cardano is a decentralized, open-source blockchain network that launched in September 2017. Like Ethereum, Cardano supports smart contract functionality (self executing computer programs) but plans to take them to the next level by ensuring higher speeds and...
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Shiba Inu Becomes The Most Popular Crypto In 2021
In a recent tweet, the world’s most-referenced cryptocurrency price-tracking website CoinMarketCap announced that Shiba Inu (CRYPTO: SHIB) was the most viewed crypto in 2021. It is currently the 13th largest cryptocurrency in the world, with a market cap of over $20 billion. According to CoinMarketCap, Shiba Inu recorded more than 188 million views during the...
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Next for the metaverse: convincing you it’s not just for kids
When a video game company only your kids have heard of goes public at a $38 billion valuation, you pay attention. When Microsoft’s CEO drops the phrase “metaverse economies” on a quarterly earnings call, you pay attention. When Mark Zuckerberg says he’s going to spend $10 billion to create a new kind of virtual reality...
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Nike acquires virtual sneakers and crypto collectibles startup RTFKT
In October, Nike filed trademark applications as part of its preparations to sell virtual sneakers and apparel, according to CNBC. Now, the footwear and sports apparel giant has acquired a startup called RTFKT (pronounced “artifact”) that will help the company accelerate its “digital transformation.” RTFKT was founded in early 2020 and has since made a...
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Australia proposes new laws to regulate crypto, BNPL
Australia will create a licencing framework for cryptocurrency exchanges and consider launching a retail central bank digital currency as part of the biggest overhaul of its A$650 billion-a-day ($463 billion) payments industry in a quarter of a century. The country will also broaden its payment laws to cover online transaction providers like Apple Inc (AAPL.O)...
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What is Luna? Crypto token soars past Dogecoin and Shiba Inu
Cryptocurrencies are looking worse for the wear after a rampant sell-off this past weekend, but for Terraform’s shiny Luna coin, it was the best of times. It’s not just among the few tokens that haven’t lost value, but it’s charging full speed ahead after a monthslong bull run landed the coin in the top 10...
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Stacked raises $35M to bring passive investing tools to retail crypto traders
Stacked, a web-based platform that provides passive investment tools for retail investors interested in crypto, just announced it raised a $35 million Series A co-led by Alameda Research, a crypto trading firm owned by FTX founder Sam Bankman-Fried. Bybit and BitDAO partner Mirana Ventures co-led the round alongside Alameda. Fidelity International Strategic Ventures, DRW Venture...