Kevin McCoy minted his non-fungible token “Quantum” in 2014, long before the crypto art market exploded. A version of the first non-fungible token (NFT) ever created has been sold for $1.4 million. Mike Winkelmann — the digital artist known as Beeple — sold one of his NFTs $69 million at Christie’s. The sale positions him “among the top [...]
And it’s happening. People who are not being served by banks or with limited access to financial services are being snagged by cryptocurrencies. Visa just announced a new partnership with Tala, a digital financial services provider in emerging markets. The goal is to provide easier access to cryptocurrencies for underbanked consumers. They started by offering stablecoin USD Coin [...]
Should you go hot or cold? It depends. That’s a very lawyery thing to say but it is true. The short of it, hot wallets are online crypto platforms. It’s when you don’t have the private keys to your cryptos. Cold wallet is when you store the private keys to your cryptos in a hardware or device. Hot [...]
Two billionaires are on a Crypto shopping spree. Starting 2020, institutional investors flowed into the crypto space nonstop. This included hedge funds, corporate treasuries and insurance companies. This new type of investor changed the space, with surging and plunging prices following news of investors coming and going. That was until Elon Musk turned his back on Bitcoin because [...]
Here are three things you can get with My Digital Money if you decide to open a CryptoIRA with us. 1) It takes no more than 5 minutes to open an account. 2) You will have actual US-based client representative ready to answer your phone call to help you with anything you need. 3) Unparalleled military-grade for your crypto wallets. For [...]
Do you want to get into crypto investment but are intimidated with this seemingly complicated concept? Have you done your crypto research and ended up with more questions than answers? Have you watched countless crypto videos and read crypto books and feel like they are just making it sound or look more complicated instead of explaining it to [...]
Cryptos are getting into gaming. Well, gaming is getting into crypto. Games maker Animoca Brands has finalized its $138.8 million capital raise through a second tranche of $50 million and their biggest investors are Coinbase and Samsung. The new capital will be used to fund strategic investments and acquisitions, product development and licenses for popular intellectual properties. Animoca [...]
Tokenization is when you “convert” things into digital assets. Assume you need money and you have a huge car collection with a total of 500,000 items. But instead of selling the whole storage, you want to sell items one by one. You can do it the old fashion way. Call a car dealership and have them sell it, [...]
What is Diem? How does it differ from Libra? Libra, Facebook’s original cryptocurrency, scared a lot of people. They initially proposed it as a currency, backed with multiple traditional low-risk assets for stability. Its aim was to make the process of transferring digital money quicker and easier. But questions about privacy started scaring US and European authorities. Last [...]
Bitcoin SV stands for Bitcoin Satoshi Vision. It is a breakoff of Bitcoin Cash, a diehard "cult following" of Craig Wright. Craig Wright claims to be Satoshi Nakamoto, the true inventor of Bitcoin. Investing in Bitcoin SV is placing a bet that Craig Wright really did invent Bitcoin, and will one day offer the proof, which is to [...]
