Polygon MATIC may be ‘brewing’ reversal amid sudden spike in onchain activity
On-chain activity for the Ethereum layer-2 network has picked up recently, but token prices remain at deep bear market levels.
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NFT pics are the funhouse mirror high-end art deserves
The funny thing about many of the absolutely insane things happening in the world today is that from a certain perspective, they actually make perfect sense. Take the famous brands buying metaverse real estate, for example. At first glance, it makes no sense at all. At second glance, assuming the user base of the respective…

China turns up pace on CBDC release, tests infrastructure prior to adoption
The COVID-19 crisis has done little to dampen China’s interest in becoming the first major economy to distribute a central bank digital currency. Quite the contrary, its digital currency/electronic payment project appears to be picking up speed. In the Shenzhen region, for example, 100,000 local citizens this month received for free a total of $31 million…

NFT Steez and Victor Solomon chat about building in Web3 and the Metaverse
On Dec. 2, NFT Steez hosts Alyssa Expósito and Ray Salmond chatted with Victor Solomon to discuss his journey into bridging his in-real-life artwork into NFTs and how he cultivates the community and culture that surrounds it. Solomon's work centers around basketball, not just the object, but the sport itself. For Solomon, the inspiration for his…

SEC has officially closed its investigation into Crypto.com, CEO says
The US securities regulator closed its probe into Crypto.com seven months after serving the crypto platform with a Wells notice in August. The US Securities and Exchange Commission has officially closed its investigation into Crypto.com, with no action taken against the crypto exchange, according to the firm’s CEO, Kris Marszalek. It comes seven months after

Report: Coinbase Negotiation Could Value Crypto Exchange at $8 Billion
San Francisco-based cryptocurrency exchange and wallet service Coinbase is finishing negotiations that would value the company at $8 billion, technology news site Recode reports Oct. 2.Citing anonymous sources familiar with the matter, Recode states that Coinbase is in talks with Tiger Global and its shareholders regarding a possible $500 million investment. The sources reportedly said…

Bitcoin ‘still the best-performing asset’ after weak Q3: NYDIG
Bitcoin is currently exactly where it was in the last two cycles, said NYDIG's research head Greg Cipolaro, who said crypto could be in for a big Q4.

Millionaire Arrested for Wife’s Murder in $10M Monero Ransom Kidnap Case
Norwegian Police suspect millionaire Tom Hagen murdered his missing wife, which calls into question ‘$10M in Monero’ ransom note. 778 Total views 27 Total shares When Norwegian millionaire Tom Hagen reported that his wife had been kidnapped in October 2018, included was a ransom note demanding $10 million worth of the cryptocurrency Monero.Now, after Hagen’s…

NFT Collector: Giant Swan’s gothic VR dreamscapes… royalty nightmare on OpenSea
From sitting in his car crying before work every morning to becoming a successful digital artist, the story of Australian-based VR painter and sculptor Giant Swan is one of persistence, timing and pushing boundaries. In a world where a digital artist can now monetize their work through NFTs as opposed to cheap likes and comments on…