The volatility in the cryptocurrency market is often enough to scare off new investors – but Matt Harry, Fund Manager at DigitalX – which offers investors access to Bitcoin through a traditional fund structure, has not been deterred. According to the fund manager, the volatility is not only expected, but it will happen again – but that shouldn’t worry investors.
Josh Ternyak is only 16 years old, but he’s an “Old Soul” when it comes to website design. He’s created a one-stop-shop Bitcoin forecasting website, and it’s free. MANKATO, Minn. – Bitcoin. It’s considered by many to be the future of currency.
MicroStrategy embarked on a strategy to invest some of its cash and future cash flow in alternative assets such as stocks, bonds, commodities and digital assets such as bitcoin in July last year. At the time it had a market cap of $1.15 billion, $421 million in cash and planned to invest $250 million of it in alternative assets.
Cook Finance, a DeFi protocol that plans to revolutionize crypto asset management, has launched on the Ethereum mainnet, a press release on June 30 reveals. Cook Finance is bringing DeFi Together It would be an important milestone for the dApp. The project aims to set up the first offer of…
Ethereum has had a lot of growth in the past year. Growing more than bitcoin and producing more gains. But it is no secret that the market cap of Ethereum is still a long way away from $2 trillion. The market cap of the digital asset currently sits at $248 billion.
A new deal with NCR and NYDIG has opened up a way for banks across the U.S. to offer Bitcoin buying options to their customers. Forbes reported that the deal would enable community banks including North Carolina-based First Citizens Bank and credit unions including Bay Federal Credit Union in California would be able to offer their customers crypto trading.
GPU prices have spiked in recent years, but a listing from a Taiwanese bulletin board shows a decrease in prices for high-end GPUs in China. Crypto mining may be easing up in China if recent listings are a reflection of the crypto market in the region.
$31,000,000,000 Worth of ADA Now Staked in Cardano As Smart Contract Launch Approaches | The Daily Hodl
Tens of billions of dollars are now staked in the crypto protocol Cardano. PoolTool, an online platform built to provide up-to-date data on Cardano’s metrics, shows that holders have locked up over $31 billion worth of ADA into 667,456 staking addresses.
The great hash rate plunge caused by an exodus of miners from China shows large scale Proof-of-Work mining facilities are vulnerable to regulation. Source: China crackdown shows industrial Bitcoin mining a problem for decentralization About Author
Dawn Fitzpatrick said in March crypto was at ” an inflection point.” A prescient comment, as it turns out. Fitzpatrick, chief investment officer for Soros Fund Management, in recent weeks gave the internal green light to actively trade Bitcoin and perhaps other cryptocurrencies, according to two people with knowledge of the matter.
A Chicago bitcoin mining firm just raised $25 million in funding to expanding its mining operations. Blockware Mining, a Chicago bitcoin mining firm led by President and CEO Michael Stoltzner, said it will use the funds to scale its mining business with a new facility in Kentucky, where it announced earlier this month plans to invest $50 million and hire 20 new employees over the next 24 – 36 months in a new technology center in Paducah, KY.
Coinbase has announced plans to launch a crypto app store offering third-party developed products. The company is making this move in its bid to become the place people participate in the cryptoeconomy. This was revealed by a blog post written by Coinbase CEO, Brian Armstrong.
According to a recent announcement published by Uniswap, the world’s biggest decentralized exchange, the Ethereum-based platform just integrated natively into CoinMarketCap. This is a massive step for both companies, and it will allow CoinMarketCap to start offering token swaps. https://twitter.c
Advanced Blockchain AG / Key word(s): Half Year Results/Cryptocurrency / BlockchainAdvanced Blockchain AG: Expected half-year result of approximately EUR 1.5 million30-Jun-2021 / 16:47 CET/CESTDisclosure of an inside information acc.
Triall: Bridging the Gap Between Medical Research and Blockchain Technology – Sponsored Bitcoin News
The COVID-19 pandemic has ravaged the global economy, leaving many industries re-evaluating the robustness of legacy models in times of crisis. Unsurprisingly, one of the most impacted industries has been the global healthcare industry, as governments raced to test for, treat and develop a vaccine for the fast-spreading virus.
Bitcoin may have been the world’s first use of the blockchain, but it was only when Ethereum was created in 2015 that the full potential of blockchain technology became apparent. It allowed for the creation of smart contracts between parties, with no intermediary involved.
In this exclusive roundtable webinar sponsored by VanEck , all-star panelists discuss hot topics including blockchain innovation as a catalyst for change, the importance of interoperability for cryptocurrency, regulatory challenges, volatility, Bitcoin mining, ETF investment, and more. This webinar is hosted by Real Money Contributor Bob Lang, co-portfolio manager of Trifecta Stocks.
Get the latest news and analysis in the stock market today, including national and world stock market news, business news, financial news and more
The art world as is the case for most other fields was devastated by the COVID-19 pandemic lockdowns. The interface of art with the public was cut off and artists struggled to get their art seen, let alone sold. The blockchain came to the rescue again with the introduction of NFTs for art.
JERSEY CITY, N.J., June 30, 2021 /PRNewswire/ — BlockFi, a financial services company dedicated to building a bridge between cryptoassets and traditional financial and wealth management products, today announced that it will support Basic Attention Token (BAT), Multi-collateral Dai (DAI), and Uniswap (UNI) on the company’s platform.
A digital-assets investing chief breaks down 10 reasons why the crypto bear market thesis is broken – and lists 10 cryptocurrencies that still have solid fundamentals despite falling by up to 70%
Jeff Dorman, the CIO at Arca, “debunked” 10 crypto bear market theses in a recent blog post. He says fundamentals are improving in many top tokens despite recent price declines. Dorman says there’s no single validation for why the market is convinced on the crypto bear market.
Christie’s sold NFT by artist FEWOCiOUS about gender transition. (Reuters image) LONDON/NEW YORK: A Christie’s auction of Non-Fungible Tokens (NFTs) and physical artwork by 18-year-old transgender artist FEWOCiOUS fetched $2.16 million, Christie’s said on Wednesday, the latest sign of appetite among art collectors for blockchain-based assets.
Management Call to Discuss Fiscal Year 2021 Financial Results and Business Updates for the First Quarter of Fiscal Year 2022 on July 14, 2021 SINGAPORE, June 30, 2021 /PRNewswire/ — Diginex Limited (Nasdaq: EQOS), recently rebranded as EQONEX Group (“EQONEX” or the “Company”), a digital assets financial services company, today announced its financial results for the fiscal year ended March 31, 2021.
China has already made one attempt to turn the renminbi into an international currency and reduce its dependence on the dollar. It is now trying again, and this time things really could be different. The renewed effort to dethrone the dollar is based in large part on China’s technological prowess.
LONDON (Reuters) – If you’re a bitcoin investor, your nerves may have taken quite a pounding in 2021. The cryptocurrency’s journey towards the investment and commercial mainstream has gathered pace, with major financial firms and companies embracing the emerging asset. Such interest helped push it to a record high just shy of $65,000 in April.
Read Ian Allison explain how Ethereum 2.0 staking could be the future of secure banking in the world on Coin Desk : Banks could one day be key participants in Ethereum 2.0. It’s a trend that will soon garner as much attention as institutional interest in bitcoin, say firms like Blockdaemon and Bison Trails, which provide […]
Ethereum’s total hashrate plummeted last month, with the largest drop in the past two weeks. The hashrate of the network tended to rise before peaking at around 643 TH/s on May 20, according to data from Etherscan.io. In May, the hashrate of the Ethereum network remained unchanged for two weeks.
It’s an extremely exciting time for blockchain. The ground-breaking technology is already powering some of the most widely discussed and valuable markets in the world. There’s obviously Bitcoin, which looks set to remain the world’s most popular cryptocurrency long into the future as more nations post plans to make it legal tender …
Bitcoin prices are on track for a record second-quarter percentage decline, weighed down by China’s crackdown, concerns the U.S. Federal Reserve will start tapering its stimulus program and persistent demand for downside hedges. The leading cryptocurrency was trading near $34,824 at 10:39 UTC on Wednesday (6:39 a.m.
Patrick is an accounting & economics graduate, a Cryptocurrency enthusiast, and a Blockchain technology fanatic. When not crafting informative pieces on any of the above subjects, he will be researching on how the Blockchain technology can transform the world, particularly the financial space.
Note: This is not financial advice. This is for educational purposes only. Please note that cryptocurrency is a highly volatile asset class; only invest what you can afford to lose. “How to buy XRP on Coinbase” is trending on Google as investors consider buying the Ripple network’s cryptocurrency coin.
(Bloomberg) — Some of the biggest names in the hedge fund industry are wading deeper into crypto.Steve Cohen’s Point72 Asset Management is seeking to hire a head of cryptocurrencies, while the family office of billionaire George Soros has started trading Bitcoin, according to people familiar with the matter.
In this article, we discuss the 10 best cryptocurrencies to buy for early retirement. If you want to skip our detailed analysis of these cryptocurrencies, go directly to the 5 Best Cryptocurrencies to Buy for Early Retirement. Cryptocurrencies have exploded in value over the past few years as a younger generation of internet enthusiasts, who […]
Pop music star Katy Perry announced Wednesday that she’s dropping a non-fungible token (NFT) collection, as well as her purchase of a minority stake in Theta Labs, a firm focused on decentralizing peer-to-peer video streaming using blockchain technology.
Despite the current sell-off, a number of cryptos are here to stay and poised to reach new highs. A digital economic system is rapidly evolving in spite of regulatory risks from governments worldwide, including China’s recent cryptocurrency ban. Strategic alliances will play a key role as cryptos try to convince the world that they’re big and powerful enough for mainstream users.
Top Analyst Says He’s Bullish on Ethereum and Cardano – But Another Altcoin Is Looking Stronger | The Daily Hodl
Cryptocurrency analyst and YouTuber Jason Pizzino is considering several crypto assets as the market bounces off of its recent lows. Pizzino tells his 190,000 YouTube subscribers that he’s bullish on Ethereum in the long run, although he expects ETH to drop against Bitcoin in the near term.
Listen to Today’s Program JD: Israel has already tested a digital shekel crypto currency. What Ron is a crypto currency? RM: Well crypto currency or a better term is a digital currency uses technology to represent a countries official paper currency. So it refers to any means of payment that exist purely in electronic form.
QUINCY, Mass., June 30, 2021 /PRNewswire-PRWeb/ — Organizations are facing a growing dilemma: they have their photos, graphics, illustrations and videos in a Digital Asset Management (DAM) system, but they still cannot find the right object they need while on deadline for a campaign.
Biteeu Set to Become the World’s First Space-based Digital Currency Exchange for Ultra-secure Transactions Migration to an on-orbit satellite network architecture fortifies Biteeu as one of the most secure virtual currency exchanges in the world that places user privacy and security first
Cape Canaveral, FL, June 30, 2021 (GLOBE NEWSWIRE) – (via Blockchain Wire) Biteeu today announced the successful launch of its digital security infrastructure into space onboard a SpaceX Falcon 9 rocket under the rideshare program. The space node created for Biteeu by space-as-a-service solution provider and partner SpaceChain is installed on a YAM-2 satellite carried by the rocket.
A stablecoin called USDC is making waves in today’s cryptocurrency market. Eduardo Prospero at NewsBTC reports on how this ERC-20 token coin managed by Circle and Coinbase through a project called CENTRE is competing with other alternatives like Tether (USDT). “The second biggest stablecoin by market capitalization is already a multi-blockchain project,” Prospero writes.
Diginex Limited (Nasdaq: EQOS), recently rebranded as EQONEX Group (“EQONEX” or the “Company”), a digital assets financial services company, today announced its financial results for the fiscal year ended March 31, 2021. Please refer to the Company’s annual report on Form 20-F for fiscal year 2021 detailed financial disclosure.
The Securities and Exchange Commission’s (SEC) bombshell lawsuit against fintech startup Ripple Labs is now a cause célèbre in the cryptocurrency community, but its sweeping implications about regulatory overreach against innovation is provoking principled debates in some of the country’s most influential policy circles.
Spiritus, an electric car made by light electric vehicle manufacturer Daymak, will mine cryptocurrency when idle. What Happened: According to an announcement published on Tuesday, Spiritus will be able to mine several cryptocurrencies and then settled in Dogecoin (CRYPTO: DOGE), Ether (CRYPTO: ETH), or Bitcoin (CRYPTO: BTC).
Is cryptocurrency financial kryptonite? The younger generations don’t think so. Gen Z and millennial investors are flocking to buy shares of cryptocoin, such as Bitcoin or Ethereum, with the hopes of winning big.
The inventor of the World Wide Web raised more than $5.4 million for charity by selling his software code as a digital work of art. Tim Berners-Lee sold a computer file containing that original programming code plus a unique encryption signature as a form of collectible known as a nonfungible token, or NFT.
Twitter and Square CEO Jack Dorsey. Image: Shutterstock In brief Twitter today dropped its own collection of NFTs-tokens which run on Ethereum. But Twitter CEO Jack Dorsey made it clear he still wouldn’t invest in Ethereum. The tech entrepreneur is loyal only to Bitcoin.
Jetfinder has been an early adopter of Bitcoin technology, accepting it as a payment method for private charter flights across their range of services. As a result, a new partnership is now in place between Jetfinder and BitPay, aiming to deliver an increased ability to utilize Bitcoin and other high-profile cryptocurrencies as means of payment.
Today, the crypto-market exhibited mundane price action, with certain altcoins trading in the red, at press time. For instance, ETH’s market capitalization fell by 2.2% while LINK’s trading volume noted an 89% hike. Finally, LTC’s recovery was halted as the crypto hovered close to its older support level of $141.
In June 2021, El Salvador became the world’s first country to adopt bitcoin as legal tender, enacting legislation that takes effect in September. This means that bitcoin can be used to pay for goods and services throughout the country, and recipients are legally obliged to accept it.
The approval to trade the leading cryptocurrency was given by CIO Dawn Fitzpatrick, according to the report.
LONDON (Reuters) – A blockchain-based token representing the original source code for the World Wide Web written by its inventor Tim Berners-Lee sold for $5.4 million at Sotheby’s in an online auction on Wednesday, the auction house said.
Binance has announced it will be using a product called CipherTrace Traveler, in an attempt to improve its compliance strategy. The tool will enable one of the world’s largest bitcoin ( BTC-USD) exchanges to comply with the global ‘travel rule’ implemented by two agencies: the Financial Crimes Enforcement Network in the US, and the intergovernmental Financial Action Task Force.
House Financial Services Commission Chairman Establishes Digital Assets Working Group-Finance and Banking – Illinois News Today
America: House Financial Services Committee Chairman Establishes Digital Asset Working Group June 23, 2021 Cadwallader, Wickersham & Taft LLP To print this article, simply register or log in to Mondaq.com. Maxine Waters (D-CA), Chairman of the US House Financial Services Committee setup The Digital Assets Working Group, made up of Democrats, develops “legal and policy …
LONDON/NEW YORK, June 30 (Reuters) – A Christie’s auction of non-fungible tokens (NFTs) and physical artwork by 18-year-old transgender artist FEWOCiOUS fetched $2.16 million, Christie’s said on Wednesday, the latest sign of appetite among art collectors for blockchain-based assets.
New crypto regulations on horizon? Bitcoin is world’s first digital commodity that functions like gold – finance experts testify on crypto frenzy
(Kitco News) Do cryptocurrencies lack regulation, and what kind of oversight would work best for this new and complex digital space? These were the topics debated at a lively hearing on crypto, which the House Committee on Financial Services held.
The outperformance came despite a negative month for the leading cryptocurrency by market cap. Bitcoin traded lower on Wednesday as traders took profits into the June close. The world’s largest cryptocurrency is on track for a record second-quarter price drop of 41%, snapping a four-quarter winning streak that saw prices chart a sixfold rise to almost $65,000 in April.
Do customers want to pay with crypto? These businesses say they will – South Florida Business Journal
Gino LoPinto wasn’t sure what to expect when E11even Miami began accepting cryptocurrency payments in April. LoPinto, an operating partner at the downtown Miami nightclub, said E11even’s management team had discussed the possibility for months after seeing the city gain national attention for its burgeoning tech sector.
The friendliness of a given country toward cryptocurrencies is measured by two things in my mind: the degree to which it regulates cryptocurrency, and the degree to which it taxes cryptocurrency. Therefore, readers in the United States familiar with crypto rules shouldn’t be surprised to learn that it didn’t make the cut.
CHICAGO, June 30, 2021 /PRNewswire/ — Bitcoin of America (BOA), a popular virtual currency exchange, is reporting record growth. Bitcoin of America is registered as a money services business with the United States Department of Treasury (FinCEN)(RegNum). Their mission is to provide their customers with a fast and easy transaction process, while securing the best rate in the market.
Biteeu Set to Become the World’s First Space-based Digital Currency Exchange for Ultra-secure Transactions
Cape Canaveral, FL, June 30, 2021 (GLOBE NEWSWIRE) — (via Blockchain Wire) Biteeu today announced the successful launch of its digital security infrastructure into space onboard a SpaceX Falcon 9 rocket under the rideshare program. The space node created for Biteeu by space-as-a-service solution provider and partner SpaceChain is installed on a YAM-2 satellite carried by the rocket.
Uncovering and explaining how our digital world is changing – and changing us. Details are slowly emerging about a new startup, Worldcoin, that aims to launch a new cryptocurrency that it would distribute to people in exchange for their eye scans.
NewsCopter 7 was over the scene as thick smoke and heavy flames shot into the air before firefighters arrived.
Coinbase Global (NASDAQ: COIN) shares experienced unusual options activity on Wednesday. The stock price moved down to $249.73 following the option alert. Sentiment: BULLISH Option Type: SWEEP Trade Type: CALL Expiration Date: 2021-07-02 Strike Price: $255.00 Volume: 880 Open Interest: 1256 Extraordinarily large volume (compared to historical averages) is one indication of unusual options market activity.
Phew, what a busy day in the stock market! Investors wrapped up the first half of the trading year – two quarters that saw the S&P 500 gain 14%. As everyone gears up for the next half and a post-pandemic reality, what did the stock market do today?
Hong Kong-listed Loto Interactive could see 97% of its revenues hampered by Sichuan’s recent shutdown orders on bitcoin mining operations. Loto Interactive, a subsidiary of New York-listed BIT Mining, disclosed to the Hong Kong Stock Exchange earlier this month that two of its wholly-owned bitcoin mining facilities in China’s Sichuan province received notices from their respective power suppliers regarding energy cuts.
If you’re a bitcoin investor, your nerves may have taken quite a pounding in 2021. The cryptocurrency’s journey towards the investment and commercial mainstream has gathered pace, with major financial firms and companies embracing the emerging asset. Such interest helped push it on a record high just shy of $65,000 in April.
Rs 10,000 invested in this cryptocurrency would have grown to Rs 16 lakh in 1 year: Check out the full list
Updated : June 30, 2021 09:06 PM IST Did you know that there are thousands of cryptocurrencies in existence, many of which put even Bitcoin’s performance in the shade. Here’s a list of the top-10 best-performing cryptocurrencies over the past 12 months Published : June 30, 2021 08:56 PM IST
Sam Altman’s Worldcoin has already raised $25 million from investors, but to get one, you’ll have to let the company scan your eyeball.
Most people remain hesitant to invest in cryptocurrency in their DC plans, but a recent survey finds that there’s a small “crypto-curious” contingent. With the increased attention of cryptocurrency, Stan Treger, behavioral scientist at Morningstar, notes that analysts at the firm began to wonder if investors would welcome this asset into their retirement portfolios.
The 18-year-old crypto art surrealist FEWOCiOUS today auctioned off his art collection for a total of $2.1 million at Christie’s. NFTs (or non-fungible tokens) are blockchain-based tokens that can be used to demonstrate ownership of digital items, such as images or video files, or physical assets.
Tron founder Justin Sun, Litecoin founder Charlie Lee and former Major League pitcher C.J. Wilson participated in the round. Crypto asset manager Valkyrie Investments has raised $10 million in a Series A funding found from an interesting roster of backers.
Algorand is looking beyond Copper’s safe-keeping provisions to explore the custodian’s ClearLoop system of instant asset exchange and settlement. U.K.-based cryptocurrency custodian Copper has been appointed to provide the safekeeping of assets on the Algrorand blockchain.
For the first time in the history of cryptocurrency, bitcoin has been overtaken in a key transaction and trading metric. A strong price rally on Tuesday saw Ethereum (ether) surpass bitcoin for the number of daily active addresses, according to data gathered by crypto analytics firm Santiment.
The subject of cryptocurrency was once again on display during a June 30 hearing of a subcommittee of the House Financial Services Committee. Evocatively entitled “America on ‘FIRE’: Will the Crypto Frenzy Lead to Financial Independence and Early Retirement or Financial Ruin?”
Crypto crackdowns tend to intensify amid politically sensitive times in China. China recently cracked down on bitcoin, again. The question is: Why now? The calendar may provide a clue. Thursday is July 1, the 100th anniversary of the Chinese Communist Party.
Katy Perry has announced her first range of NFTs (non-fungible tokens), based around her forthcoming Las Vegas residency. The singer will begin her ‘Play’ residency at the new Resorts World casino in Vegas, which contains a 5,000-seater venue, this December. The NFTs come in conjunction with Theta Network, a company that Perry has also acquired a minority stake in.
Decentralized exchanges, or DEXs, are one of the hottest tools for the crypto asset class. Unlike a centralized exchange, DEXs allow users to trade cryptos entirely on the blockchain. There is no governing body holding anything in custody or creating rules, and there is a greater emphasis regarding on-chain security.
If you’re a bitcoin investor, your nerves may have taken quite a pounding in 2021. The cryptocurrency’s journey towards the investment and commercial mainstream has gathered pace, with major financial firms and companies embracing the emerging asset. At the halfway point of the year, the original and biggest cryptocurrency is up around 20% year-to-date.
“Despite there being a sign in the recent bear market that investors are scared off, we don’t see massive outflow from institutional users,” one crypto exchange executive said. At the beginning of the year, the dominant narrative permeating cryptocurrency markets was that institutions were going to add large swaths of bitcoin to their assets.
“Soccer tournaments are continuing worldwide and drawing more attention away from retail crypto trading,” one trader said. The bitcoin options-trading boom that saw traders make ambitious bullish bets early this year has cooled in the wake of the recent price sell-off and subsequent consolidation.
Multimillion-dollar homes in Beverly Hills aren’t rare, but this $65 million Beverly Hills estate at 1108 Wallace Ridge (called Elementi) in the exclusive Trousdale Estates neighborhood, is officially accepting the Bitcoin equivalent to take it off the market.
Miners outside of China are getting a financial boost from their competition’s forced exile. Will the trend continue? Just weeks into a stunningly effective purge of large bitcoin miners from China, reduced competition for Bitcoin block rewards has dramatically improved the profitability outlook for mining operations elsewhere.
Shares of Chinese electric-vehicle maker NIO were moving higher in early trading on Wednesday, after a Wall Street analyst raised his bank’s price target for the shares in a bullish note. As of 10:15 a.m. EDT, NIO’s American depositary shares were up about 5.1% from Tuesday’s closing price.
Last year’s End SARS protests over police brutality were a catalyst for Bitcoin adoption in Nigeria, says Nwachukwu, ahead of CoinDesk’s Crypto State event. In October, police corruption in Nigeria hit a low point when reports surfaced of a special anti-robbery squad (SARS) officer allegedly killing a young boy.
This content is brought to you by the FingerLakes1.com Team. Support our mission by visiting www.patreon.com/fl1 or learn how you send us your local content here. P2P purchasing can be traced to the 80s when it was first used for business purposes, however, the first time the business structure was used outside of business was in 1999 when Shawn Fanning designed the music-sharing service, Napster.
At the beginning of the year, the dominant narrative permeating cryptocurrency markets was that institutions were going to add large swaths of bitcoin to their assets. Big, established investors from hedge funds to Wall Street mainstays and blue-chip companies would be quick to jump on the bandwagon.
Bitcoin has taken a beating lately, but it’s still getting plugged by crypto evangelists – including a US Senator. On Tuesday, US Sen. Cynthia Lummis, a Republican from Wyoming, said she encourages investors to buy Bitcoin as a way to help them diversify their retirement holdings.
Daymak created a prototype electric car that earns money for you. The Spiritus electric car made by Canadian startup Daymak was previously announced as the world’s first car that mines cryptocurrencies while it is parked or charging. Now, Globe Newswire says that the car will constantly report to its owner online how much it has earned.
The US Congressional Blockchain Caucus is apparently seeking to reverse blockchain in the case of criminal behavior. It is unclear how these plans are supposed to be implemented. Congressman Bill Foster (D) unveiled these plans during an online event for news outlet Axios.
Million Doge Disco is a new blockchain-powered Pokémon GO style augmented reality (AR) game that rewards players with ‘Disco Doge’ non-fungible tokens (NFTs) and Dogecoin ($DOGE). The beta version of the game is being launched globally on Saturday (July 3).
A blockchain-based token representing the original source code for the World Wide Web written by its inventor Tim Berners-Lee sold for $5.4 million at Sotheby’s in an online auction on Wednesday, the auction house said.
A non-fungible token (NFT) representing the original source code for the World Wide Web has sold for $5.4 million in a sale hosted by luxury auction house Sotheby’s. The auction began on June 23, with bids starting at $1,000. All proceeds of the sale will go to initiatives supported by Berner-Lee and his wife.