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Over 100 Car Dealers to Accept Crypto Payments in the UK Boosting Crypto Adoption

Over 100 Car Dealers to Accept Crypto Payments in the UK Boosting Crypto Adoption

At least 100 car dealers in the UK have inked a partnership with London-based AutoCoinCars, the nation’s market leader in trading cars with cryptocurrencies. Through the strategic collaboration, clients will be able to purchase cars using cryptos in some of the biggest car dealers in the UK, such as Benz Bavarian, Saxton4x4, and Redline Specialist Cars.

Total NFT Sales Hit $25B in 2021

Total NFT Sales Hit $25B in 2021

The explosion in popularity of non-fungible tokens (NFTs) topped its sales to some $25 billion in 2021, data from market tracker DappRadar shows.

Mining Valuations in Focus: Bitdeer and Sphere 3D Lead November's Stock Insights

Mining Valuations in Focus: Bitdeer and Sphere 3D Lead November's Stock Insights

The November valuation analysis of Bitcoin mining stocks reveals significant disparities, with Bitdeer undervalued and Marathon overvalued, while Sphere 3D offers a bargain despite limited growth prospects.

Nissan Expands Web3 Efforts with Trademarks and Metaverse Auto Sales

Nissan Expands Web3 Efforts with Trademarks and Metaverse Auto Sales

Nissan has filed four new Web3-related trademarks in the US and is experimenting with auto sales in the metaverse in Japan. The trademarks cover its Infiniti, Nismo, and Nissan brands and include plans for virtual goods and a nonfungible token (NFT) marketplace. Nissan Japan is conducting a three-month "demonstration experiment" of its virtual store "Nissan Hype Lab," allowing customers to "study, consult, test drive and purchase Nissan vehicles" while in the metaverse. The company's moves are in line with other car manufacturers, including General Motors and Ford, who have also been actively filing trademark applications for Web3, crypto, NFTs, and the metaverse.

SEC Charges Impact Theory for Unregistered NFT Sales

SEC Charges Impact Theory for Unregistered NFT Sales

Impact Theory, a Los Angeles-based company, has been charged by the SEC with violating federal securities laws by offering unregistered NFTs as investment contracts.

Avalanche Launches Avaissance to Boost NFT Ecosystem

Avalanche Launches Avaissance to Boost NFT Ecosystem

The Avalanche Foundation has announced the launch of Avaissance, an initiative aimed at supporting digital artists and growing the Avalanche NFT ecosystem. The program includes an Artist in Resident program for over 50 artists and the Mona Lisa Initiative to curate digital art and expand the collections of art-focused DAOs. In other news, Ticketmaster has announced a new feature, token-gated ticket sales, allowing artists to reward NFT holders with exclusive benefits. Popular NFT artist Patrick Amadon withdrew his work from a major auction house to protest a lack of female representation. Sony Interactive Entertainment filed a patent for a framework allowing users to transfer and utilize NFTs across multiple game platforms.

Former SEC Officer Analyzes Ripple's Momentary Celebration in SEC Lawsuit

Former SEC Officer Analyzes Ripple's Momentary Celebration in SEC Lawsuit

Former SEC Officer, John Reed Stark, analyzes Ripple's legal victory against the SEC, describing it as a momentary celebration and predicting a likely appeal.

Leading Chinese Filecoin Miner Maker IPFSMain Suspends All Products

Leading Chinese Filecoin Miner Maker IPFSMain Suspends All Products

One of the leading Chinese Filecoin mining machine providers, IPFSMain has suspended sales of all products.

MicroStrategy Plans to Raise $400M Of Debt to Add More Bitcoins on Its Balance Sheet

MicroStrategy Plans to Raise $400M Of Debt to Add More Bitcoins on Its Balance Sheet

MicroStrategy Inc. plans to borrow $400 million through senior secured notes from qualified institutional buyers. The company plans to use the proceeds made from the sales to purchase more Bitcoins.

CNBC's Jim Cramer Sold Some of His Bitcoin to Pay Off A Home Mortgage

CNBC's Jim Cramer Sold Some of His Bitcoin to Pay Off A Home Mortgage

CNBC’s Jim Cramer has disclosed that he has sold some of his Bitcoins to pay for a house.

SK Hynix Reports Q4 Profit and Plans for AI GPU Chips

SK Hynix Reports Q4 Profit and Plans for AI GPU Chips

SK Hynix reported a Q4 2023 operating profit of 346 billion won, marking its first profit since Q3 2022, driven by high-end AI chip demand. However, profit-taking led to a 2.6% share drop.

Blockchain Intelligence Startup TRM Labs Raises $14M Investment Round from PayPal & Salesforce

Blockchain Intelligence Startup TRM Labs Raises $14M Investment Round from PayPal & Salesforce

San Francisco-based blockchain intelligence platform TRM Labs announced the company completes a Series A funding with a total value of $14 million on June 17.

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