NFT Platform Chronicle Raises $3.2 Million in Seed Funding

Chronicle, a “next-generation” NFT platform, has raised $3.2 million in seed funding for a “fan-focused digital collectible’s platform” expected to launch at some point this summer. Chronicle is co-founded by a former Jurassic park team member, Tim Glover, who was the creator of fan experiences for Jurassic World (2015) and Jurassic World: Fallen Kingdom (2018). … Read more

Wirex Teams Up with Terra Virtual For New Exclusive “Non-Fungible Token” Giveaway

Digital payments platform Wirex announced on Monday it has teamed up with digital collectible platform Terra Virtua for exclusive non-fungible tokens (NFTs) giveaway. Wirex reported it will give away 500 exclusive Terra Virtua vFlect NFTs, as well as up to $500,000 worth of cryptocurrency in promotions throughout June. “With a mission to empower everyone to have access … Read more

Blockchain Developer ChainSafe Receives Development Grant to Perform Native Integration of Chainlink into Cosmos SDK

ChainSafe has reportedly received a development grant to natively integrate Chainlink (LINK) into the Cosmos software development kit (SDK). As previously reported, the Chainlink Community Grant Program offers financial resources to the development teams and researchers creating a “more functional, accessible, and socially impactful” Chainlink Network. Chainlink says that it encourages skilled individual software engineers … Read more

Enterprise Grade Blockchain IOST Partners Moonstake to Support Crypto Staking of IOST Coin

IOST has teamed up with Moonstake in order to support staking functionality for IOST coin on Moonstake wallets. Moonstake began offering services in the staking business in 2020 with the goal to develop the biggest staking network in Asia. Since that time, Moonstake claims it has created the most user-friendly crypto wallets for Web Wallet … Read more

Blockchain based Security Management Platform Equa Raises $2.5 Million, Purchases Bitcoin with Funding, Adds NFT Service

Equa has received $2.5 million in funding in a private offering and will use the money to purchase Bitcoin, according to a note from the company. Equa said that proceeds of the funding will go into Bitcoin treasury and corporate treasury tools. According to the company, Bitcoin-backed promissory notes will be issued at two separate … Read more

Uniswap Version 3.0 Now Successfully Deployed on Ethereum (ETH) Mainnet

The team at Uniswap, a leading non-custodial Ethereum token exchange, revealed on May 5, 2021, that Uniswap version 3.0 has now been launched on the Ethereum (ETH) mainnet. All “relevant contract addresses” are found here. As mentioned in an update from the Uniswap developers: “Uniswap v3 is the most powerful version of the protocol yet, … Read more

Sellers Beware: Can NFTs Be Regulated Securities?

The sudden prevalence of Non-Fungible Tokens has raised important legal considerations for issuers and purchasers alike. While intellectual property rights remain essential, securities laws should not be overlooked. Non-Fungible Tokens, or “NFTs”, are digital assets with unique identifying characteristics that distinguish one from another.  Unlike Bitcoin and other cryptocurrencies, no two NFTs are identical; this … Read more

Sotheby’s First NFTs Sold on Nifty Supported by Seward & Kissel

Sotheby’s first NFT [non-fungible token] sale completed yesterday.  The digital artist known as Pak sold multiple NFTs for almost $17 million. Hosted on Gemini’s Nifty Gateway, the sale allowed collectors to bid on NFTs for limited-edition artworks in “The Fungible Collection” and open edition artworks in “The Fungible Open Collection.” The NFT for “The Pixel,” … Read more

Digital Assets Firm Kraken Explains Why Blockchain based NFTs are a Revolutionary New Licensing Technology

The team at digital assets firm Kraken notes that humans have “always loved making and displaying art.” The US-based crypto exchange provider reveals that deep within a cave in Spain, there’s a Neanderthal hand stencil that scientists “have radiocarbon dated to 64,000 years – it’s the oldest known example of art anywhere in the world.” … Read more

Fintech Curve Moves into NFTs in Digital Auction to Support London Theatre

Curve, a Fintech that offers a popular smart card and app, has joined with Theatre Support Fund+ to auction off five NFTs (non-fungible tokens) in support of London theatre. The NFT auction is scheduled to end on Friday, April 9, 2021, and Curve is encouraging bids from around the world. According to Curve, all proceeds … Read more