Hollywood elite will receive NFTs in recognition of upcoming awards ceremony

[ad_1] A project will be distributing nonfungible tokens, or NFTs, in the gift bags of 25 actors, actresses, and directors nominated for their roles in feature films.  According to Nomine(eth), a project formed in partnership with online marketplace Rarible, Metaversal, and AdVenture Media, 25 people from the 115 nominated in this year’s Academy Awards ceremony … Read more

This Is How Cardano’s First DEX Will Try To Disrupt DeFi

[ad_1] As Hard Fork Combinator (HFC) “Alonzo” approaches, more DeFi projects are emerging for Cardano. A few days ago, Input-Output Global (IOG) Marketing and Communications Director, Tim Harrison, said there is a “huge” interest from developers towards the platform and its smart contract capabilities. In that sense, a team of developers led by Ryan Morrison … Read more

Earth Day 2021: How the crypto industry is moving closer to going green

[ad_1] It’s as reliable as the changing of the seasons: another year, another Earth Day, and another misguided missive about crypto’s outrageous energy consumption. Last week, the New York Times published a piece in their “Climate and Environment” that sought to remind readers of the “astonishing environmental costs” of cryptocurrency mining. It’s a prime example … Read more

Huobi Group launches 4 crypto funds targeting $100M in assets

[ad_1] Huobi Technology Holdings — a part of the Huobi Group, which includes leading Seychelles-based cryptocurrency exchange Huobi Global — has launched four digital currency funds targeting $100 million in assets by September, setting the stage for wider institutional adoption.  The company said it has already secured $50 million in commitments across the four funds, … Read more

Stablecoins Are Changing and It’s a Big Deal

[ad_1] Stablecoins aren’t anything new. They’ve been around almost as long as cryptocurrencies have, with the first bonafide stablecoin launched way back in 2014. Since then, they’ve largely been used by traders and investors looking for a temporary reprieve from volatility. But it wasn’t until relatively recently that stablecoins began to evolve to offer users … Read more