Swiss Bank Seba Now Lets Customers Earn Yield on Crypto Holdings

Swiss Bank Seba Now Lets Customers Earn Yield on Crypto HoldingsA FINMA-licensed Swiss bank, Seba, has launched a program enabling clients to earn yield on their crypto holdings. In addition, the bank will “provide support for centralized lending and borrowing services, enabling investors to generate yield by lending bitcoin and ethereum directly with Seba Bank.” Seba Earn Lets Clients Generate Rewards From Crypto Investments Seba […]
Continue reading

FTX US Launches NFT Market — Users Can Trade and Mint Solana NFTs, ETH Support on the Way

FTX US Launches NFT Market — Users Can Trade and Mint Solana NFTs, ETH Support on the WayOn Monday, FTX US announced the launch of its marketplace for non-fungible token (NFT) assets. FTX explained that the marketplace will feature Solana-based NFTs but support for Ethereum-based NFTs is coming in the near future. FTX US Reveals New Solana NFT Market, Plans to Support Ethereum in the Near Future West Realm Shires Services Inc., […]
Continue reading

Arab Bank Switzerland Institutional Customers Can Now Trade, Stake, and Custody Tezos

Tezos Completes Seventh Forkless Upgrade With Introduction Of Granada

XTZ, the native token of the Tezos blockchain, is now available as part of digital assets products that Arab Bank Switzerland institutional customers can trade, stake, and custody. This was announced today through a joint press by the two organizations. The bank, which offers tailor-made digital asset products and financial services to institutions and corporations, […]

Continue reading

OneOf raises $63M for new Green NFT platform for musicians

The soon-to-be-launched platform will feature NFTs from artists like Whitney Houston, Doja Cat, John Legend, TLC, H.E.R, Quincy Jones, Charlie Puth, Jacob Collier, G-Easy, AURORA, The Kid LAROI, Alesso and more.

Sustainable technology company OneOf has raised $63 million in seed funding to finance its new Green NFT platform for musicians, offering further evidence that the market for nonfungible tokens remains hot.

Several investors and venture capitalists participated in the seed round, including Bill Tai, Sun Said of Nima Capital, Sangha Capital, Tezos Foundation, Jack Herrick and Jaeson Ma of East West Ventures.

Built on the Tezos protocol, OneOf is a marketplace for artists and fans to tap into digital collectibles. The company claims that minting NFTs on Tezos uses over 2 million times less energy than leading networks like Ethereum. Artists wishing to mint an NFT on Tezos will pay zero cost for their listing, while users will be able to pay for their collections in over 135 fiat currencies.

OneOf also plans to donate a portion of its sales to an environmental cause or a charity of the artist’s choosing.

Artist Doja Cat said she’s “happy to be working with OneOf” in addressing accessibility and environmental issues at the same time.

“Blockchain has the ability to democratize ownership and bring economic empowerment to both artists and fans,” said Lin Dai, OneOf’s CEO and co-founder. “We are building a technology company with an artist-first ethos and eco-conscious mission to help introduce hundreds of millions of non-crypto native users to blockchain through easy and exciting use cases such as NFTs.”

Euphoria surrounding NFTs appears to have cooled over the past few weeks as the cryptocurrency markets tanked. Prior to the selloff, NFTs and DeFi were among the hottest trends in the cryptocurrency market.

Despite the recent pullback, the future for NFTs appears to be bright. A new industry forecast from the Invezz publication pegged NFTs at a market capitalization of $470 million by October as trading volume surges nearly 40%.

Continue reading

Tezos Ties-Up with Wolfram Blockchain Labs to Simplify Smart Contract Deployment

Wolfram Blockchain Labs (WBL) and Tezos are forging a full integration of Tezos into Wolfram Language and Wolframalpha. The integration gives easy access to developers that want to interact with the Tezos blockchain and their smart contracts. WBL-Designed Oracle Expands Tezos Developers’ Computational and Analytical Capabilities Amid the accelerating race to simplify smart contract deployment, […]
Continue reading