Author: Jeremy Ryan

NFT This project will preserve RMS Titanic assets as immutable NFTs and make them accessible to the global public. RMST, which holds the exclusive rights to recover artifacts from the wreck site, will enable inclusive participation in the project. Experiential Media Group (E/M Group), an RMST affiliate that operates Titanic exhibitions visited by over 30 million people worldwide, will facilitate the project’s exhibition and licensing. VSFG will lead the tokenization of the intellectual property and develop tokenized instruments for accredited investors, providing compliant capital raising for the research, recovery, preservation, exhibition, and licensing of RMST’s assets. Artifact Labs will immutably…

Supporters of the popular NFT collection Friendsies have been thrown into panic mode after the project announced it was pausing all activity before deleting and reinstating its official Twitter handle. This has sparked rug pull suspicions less than a year after the collection launched. The project’s initial drop managed to raise about $5 million.The project made the announcement on Monday night. It cites market volatility and other current challenges as the reason for having to halt the collection’s development.A statement shared on Twitter reads,“We had the best intentions to make a true digital companion for the future,” Friendsies said on…

This week on The Market Report, the resident experts at Cointelegraph discuss dozens of pump-and-dump tokens purporting to be related to ChatGPT and Bing AI chat.We will be doing things a little differently this week since our handsome and charming host, Joe Hall, will be somewhere over the Atlantic during the livestream and will not be able to join us. Not to worry, though, as our resident experts Marcel Pechman and Sam Bourgi are here, as always, to break down the latest news in the markets.Bitcoin bulls ignore recent regulatory FUD by aiming to flip $25K to supportThe New York State…

The decentralized autonomous organization-operated golf startup, LinksDAO, may soon put in an offer to purchase the newly marketed Spey Bay Golf Club in Scotland worth about $900,000. LinksDAO — self-described as a “global group of golf enthusiasts” that is on a mission to build the “world’s greatest golf community” — officially opened the proposal vote on Feb. 20, which came after a few weeks of informal deliberation. It would be the DAO’s first ever golf course purchase.few things in life are more fun than doing what you said you were going to do, regardless of adversityi will love the @linksdao core…

Blockchain Tencent Cloud, a technology company, announced its support for the development of Web3, which is a decentralized internet ecosystem. They will introduce a series of blockchain API services and a Metaverse-in-a-Box product to help Web3 developers. Tencent Cloud is ready to provide strong technical support for Web3 through years of experience in the game and audio and video fields, and cooperate with industry partners to provide a more immersive experience and jointly cultivate more A wonderful Web3 ecosystem. Poshu Yeung, Senior Vice President of Tencent Cloud International said Tencent Cloud will also support Web3 developers and businesses in areas…

Blockchain Google’s cloud computing operator is to become a validator on the Tezos network. Google Cloud’s corporate customers will be able to deploy Tezos nodes – a type of computer that runs a blockchain’s software to validate and store the history of transactions – in order to build Web3 applications on the network. The integration with Tezos marks Google Cloud’s latest integration with a blockchain network, the platform having begun running a node-hosting service for Ethereum projects in October, then shortly thereafter becoming a validator on Solana. Such integrations demonstrate the interest that tech giants are taking in blockchain and…

Stablecoin issuer Paxos was reportedly discussing the Binance USD (BUSD) stablecoin with the United States Securities and Exchange Commission following a Wells notice from the financial regulator.According to a Feb. 21 Reuters report, Paxos CEO Charles Cascarilla said the firm was “engaged in constructive discussions” with the SEC and would continue to speak in private. The report followed the stablecoin issuer facing a lawsuit from the SEC, in which the regulator alleged BUSD was an unregistered security.Cascarilla reportedly said that Paxos would consider defending its position that BUSD was not a security through litigation. On Feb. 13, the New York Department…

NFT The latest development follows Chevrolet’s NFT collection launch last July. The General Motors Company (GM), a Detroit-based multinational automotive company, wants to join the NFT scene. It recently filed trademark applications for two of its most prominent brands, Cadillac and Chevrolet. General Motors filed the trademark applications with the United States Patent and Trademark Office (USPTO) on Feb. 16, according to information disclosed today by USPTO-licensed attorney Mike Kondoudis. GM has filed a pair of new applications to trademark:????Chevrolet????Cadillac The applications cover NFT-authenticated media files.#NFTs #Web3 #GM #Chevy #Cadillac pic.twitter.com/otf2PNH3fP — Mike Kondoudis (@KondoudisLaw) February 21, 2023 The trademark…

Blockchain On Tuesday, Feb. 21, layer 2 scaling solution Arbitrum surpassed Ethereum in daily transactions, increasing Arbitrum’s dominance as the leading layer 2 rollup. The number of daily transactions on the Arbitrum, the fourth-largest blockchain overall in terms of total value locked (TVL), jumped from 159,919 in daily transactions on Jan. 1 to over 1,103,398 at the time of press, representing a roughly 590% increase in less than two months, according to block explorer Arbiscan. In comparison, the number of daily transactions on Ethereum increased a meager 46% in the same period to 1,084,290, per Etherscan. Moreover, the number of…

NFT NFT marketplace-related utility and governance tokens took a beating Tuesday, cementing itself as one of the industry’s worst-performing categories on the day as the broader market’s rally hits pause. Tokens tied to NFT marketplaces Blur, LooksRare, SuperVerse, Rarible, X2Y2 and Sudoswap have fallen deeper in the red on a 24-hour basis as interest in the niche digital asset sector has begun to taper off. Governance tokens for digital collectibles marketplaces fell between 4 to 16%, including SuperVerse’s (SUPER), Blur’s recently launched BLUR, Rarible’s (RARI) and Sudoswap’s SUDO. Despite Blur’s booming volumes of late amid “speculative” tokenomics, Andrii Yasinetsky, chief…