eBay is expanding into non-fungible tokens (NFTs), according to a company blog post. The eCommerce site “has always been the world’s destination for buying and selling the most unique and hard-to-find items — and we’ll continue to be the destination for collectors of all kinds,...
SpaceX, the company helmed by Elon Musk, is launching its “DOGE-1 Mission to the Moon” campaign, which “will obtain lunar-spatial intelligence from sensors and cameras on board with integrated communications and computational systems” and fly to the actual moon, CNBC writes. CNBC reports that the...
It seems long ago and far away. Bitcoin’s debut in 2008 was shrouded in mystery (and still is), as Satoshi Nakamoto’s identity has not been revealed. Its initial price was fractions of a penny; by 2011, the crypto was trading at $1. Today, its price,...
The cryptocurrency market took a $260 billion dive on Friday (April 23), with bitcoin trading below $50,000 for the first time in weeks and other coins tumbling to new lows, CNBC reported. Bitcoin lost about 10 percent in value, trading at $49,281.40 at around 2...
LVMH is joining forces with two other big names, Prada and Cartier, in order to put out the world’s first global luxury blockchain, according to a Tuesday (April 20) press release. The blockchain is called Aura Blockchain Consortium. Aura “represents a single, innovative solution to...
Stephen Pair, co-founder and CEO of BitPay, believes blockchain is the future of the payments industry. In The Connected Economy’s Power Source – CEO Edition, find out why Pair thinks that merchant and consumer adoption of blockchain will continue to accelerate in 2021. It is all...
The price of bitcoin fell this weekend, down as much as 19.5 percent from the record highs from the past week, CNBC writes. Bitcoin was as low as $52,148 as of Sunday (April 18) morning. That comes after the cryptocurrency rose to as much as...
A bill proposed in Alaska would make it the first state in the U.S. to leverage blockchain for statewide voting, Alaska Public Media reported on Thursday (April 15). Wasilla Republican Sen. Mike Shower said in the proposal that he wants voters to be confident that...
The Commodity Futures Trading Commission has issued a judgment against a Ponzi scheme operator, David Gilbert Saffron, and a Nevada corporation, Circle Society, a press release says, to pay together the amount of $14,841,280 to defrauded pool participants, disgorgement of $15,815,967, and a civil monetary...