chairman

Pawnfi.com to Launch Liquidity Protocol for Non-Standard Assets

Pawnfi.com has announced the closure of a $3M strategic funding round. The investment round was led by Digital Currency Group (DCG) and also included Animoca Brands, Dapper Labs, Polygon, DeFi Alliance, Hashkey Capital, Everest Venture Group, SNZ, and 6Block. Sponsored Sponsored The first DeFi product of its kind, Pawnfi.com is brand-new in the lending and leasing market. It appraises, liquidates, and provides use cases for non-standard assets (NSAs). Supported NSAs include non-fungible tokens (NFTs), liquidity provider tokens (LP tokens), tokenized rights, minor cryptocurrencies, and bundled assets. With the development of the

Blockchain unicorn Animoca Brands teams up with a K-Pop agency to create NFTs

Animoca Brands, a Hong Kong-based blockchain game developer, is teaming up with a Korean entertainment agency to offer digital collectibles starring music artists and actors, adding K-pop groups to the non-fungible token hype.  The move will add to the increasing list of celebrities who have embraced NFTs, which also includes BTS. K-pop related NFTs On Monday, Animoca announced a collaboration with Cube Entertainment, the South Korean talent agency behind girl group (G)I-dle and boy band BTOB, to start an NFT-related project.  NFTs are blockchain-based digital assets that verify the validity

Christine Rankin and Viktor Fritzén Join CoinShares as Non-Executive Directors

Europe’s largest digital asset management firm, CoinShares announced the appointment of Christine Rankin, a former partner at PWC, and Viktor Fritzén, former corporate finance analyst at Goldman Sachs, as independent non-executive directors of the company today.The newly appointed independent non-executive directors have extensive experience in the global financial sector. CoinShares aims to expand its operations and services in the future.In her career, Rankin held key positions at some of the leading organizations in the world. Currently, she holds the position of Senior Vice President, Corporate Control of Veoneer, a worldwide

U.S. Banks Entering Cryptocurrency Adds Real Legitimacy To The Industry

The United States government is once again adding more legitimacy and credibility to the rapidly growing cryptocurrency industry. This is through clear regulations that will further incorporate the sector into the country’s financial system and economy. Sponsored Sponsored In an interview with Reuters, Jelena McWilliams, chair of the Federal Deposit Insurance Corp. (FDIC), said that banks must be allowed to hold crypto on their balance sheets, provide custodial accounts in digital assets and facilitate crypto trading for clients. Thus, demonstrating the rapid rise of digital assets this year. In addition to

CBDC Likely, But Not With Blockchain Says Former Boston Fed President

Eric Rosengren, former President of the Federal Reserve Bank of Boston made a public statement making the concept of a central bank digital currency (CBDC) for the USA a little more clear. However, be believes that blockchain will not be involved.Sponsored Sponsored In Rosengren’s comments on the potential of a US CBDC, he suggests that it will exist in the future. He also said because it would require an agreement between the White House, Congress, and the Fed, that it could take a long time. Interestingly, Rosengren clarifies that a

American Collectibles Giant Topps Launches Series 2 MLB NFT Collection

The American company that produces Bazooka chewing gum, candy, and collectibles, Topps Company, Inc., announced the launch of the second series 2021 Topps Baseball NFT collection. The latest non-fungible token products from Topps follow the company’s MLB Inception NFT collection release. The collectibles company Topps says that it’s the firm’s largest MLB NFT launch ever. Topps Launches Series 2 MLB NFT Collection At the end of August, the collectibles firm Topps launched the first series of its 2021 NFT Major League Baseball (MLB) NFT collection called “Inception.” A month later

U.S. Won’t Ban Crypto | This Week in Crypto – Oct 4, 2021

 The US gives a green light to cryptos, TikTok launches its own NFTs, and can professional crypto traders be outmatched…by a hamster?! These stories and more this week in crypto. The Chairman of the US Federal Reserve, Jerome Powell said that the United States has no intentions of banning cryptocurrencies, including Bitcoin. He still asserted that some digital assets, stablecoins in particular, have to be regulated. This fresh, more optimistic US approach had an immediate positive effect on the entire market at the end of the week. TikTok has

Powers On… Don’t worry, Bitcoin’s adoption will not be stopped

In a series of  recent interviews and speeches, United States Securities and Exchange Commission Chairman Gary Gensler has called the cryptocurrencies market the “Wild West” due to its unregulated and allegedly fraud-filled atmosphere, predicting that the coins were doomed to fail. Powers On… is a monthly opinion column from Marc Powers, who spent much of his 40-year legal career working with complex securities-related cases in the United States after a stint with the SEC. He is now an adjunct professor at Florida International University College of Law, where he teaches

Ripple CEO Says SEC Gives No Clear Framework for Crypto, Discusses XRP Lawsuit

As the lawsuit with the U.S. Securities and Exchange Commission (SEC) continues, Ripple CEO Brad Garlinghouse insists that the Commission has provided no clarity in crypto regulation. He said the SEC is using its meetings with crypto companies as lead generation for enforcement actions, and the agency has lost sight of its mission to protect investors. Ripple’s CEO Claims SEC Uses Meetings With Crypto Companies as Lead Generation for Enforcement Actions Amid the SEC’s lawsuit over XRP, Ripple CEO Brad Garlinghouse reiterated his concerns over the lack of clarity in