Amazon is reportedly making final tweaks to its NFT marketplace, with at least one document suggesting it will feature digital collectibles from well-known crypto-native creators and projects like Beeple and Pudgy Penguins. Under the terms of a non-disclosure service agreement reviewed by Blockworks, the Amazon NFT marketplace will run on a private blockchain controlled by […]

The Arbitrum Foundation had been selling ARB tokens in exchange for the stablecoin even before its governance community of token holders “approved” the organization’s nearly $1 billion budget, according to a blog post by an employee on Sunday. Peter McCorry said the foundation is a centralized organization tasked with promoting Arbitrum, a faster and cheaper […]

In a recent interview with Blockstream CEO Adam Back, he addressed the confusion many new investors have about the relationship between Bitcoin mining costs and market value. Baker clarifies that the labor value fallacy correctly observes that something’s high production cost does not necessarily mean it is valuable to buyers. However, this fallacy is often […]

Moody’s, a global credit rating agency, predicts that the failures of Silicon Valley Bank and Signature Bank could trigger additional regulatory requirements, especially around counterparty diversification. The increased risk of systemic failure highlights the need for effective regulation, transparency and risk management. There is growing interest in exploring alternative solutions to address the shortcomings of […]

Doge has spiked to reach penny parity, up 27% in the past 24 hours on significant unfiltered trading volumes of $5 billion. The reason is Elon Musk, the world’s richest.