Nonfungible Tokens (NFTs) have grown in popularity throughout 2021 as the general public was enthralled by projects like Bored Ape Yacht Club and CryptoPunks, but these unique digital images only scratch the surface of what NFT technology is able to. One project focused on expanding the functionality of NFTs beyond the digital art space is … Read more
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Bitcoin, cryptocurrencies, and NFTs had a mixed start through 2022, with the price of bitcoin having one of the worst starts of the new year. Join Forbes CryptoAsset & Blockchain Advisor Now and Discover New NFT and Cryptocurrency Hits Ready for 1,000% Earnings However, the non-fungible token (NFT) market has gone from strength to strength … Read more
MGIC Investment Co. (NYSE: MTG) experienced a significant drop in short-term interest in December. As of December 31, there was short interest for a total of 12,380,000 shares, down 46.5% from the December 15 total of 23,120,000 shares. Based on an average daily trading volume of 3,010,000 shares, the coverage days ratio is currently 4.1 … Read more
This is Oregon Insight, The Oregonian’s weekly look at the numbers behind the state’s economy. View past installments here. Oregon entrepreneurs made a cash gain last year, raising $ 1.6 billion in venture capital for their young companies, according to new industry data released Thursday evening. This is the highest in the state’s history by … Read more
NFTs, or Non-Fungible Tokens if we’re technical, have taken the internet by storm lately. For those who don’t know, an NFT is a new form of digital asset created online and sold as collectibles. It might all sound like a bit of fun, but when you hear NFTs selling for over $50 million, you can’t … Read more
In recent times, there has been a great deal of euphoria regarding investing in cryptocurrencies. Let’s first try to understand if an investment in cryptocurrencies means an investment in a currency or an asset. For any instrument to be classified as a currency, it must have the following characteristics: First, it is a bill of … Read more
“Never again”: This is the feeling among people with high net worth after 18 months of global travel being limited by the Covid-19 pandemic, said Jean Francois Harvey, global managing partner of Harvey Law Group, a international law firm based in Montreal which helps clients immigrate to new countries. As international borders begin to reopen … Read more
Robots want to be your next financial advisor. Not long ago, that idea might have had a sci-fi fantasy flavor – perhaps the “Star Wars” C-3PO cyborg in a power suit on Wall Street. But robots, or so-called “robo-advisors,” could soon manage more than $ 1 trillion in American wealth. These aren’t actually tangible robots; … Read more
According to a recent trademark filing, Crocs, the American shoe company based in Colorado, may be diving into the world of non-fungible tokens (NFTs). Since 2004, Crocs has sold 300 million pairs of foam clog shoes, and the application describes a protocol that can manage and store digital collectibles. Crocs Trademark Application Describes “Downloadable Virtual … Read more
Last October Daymak, a Canadian vehicle manufacturer, announced the creation of an electricity-powered three-wheeler car. The company says it can mine cryptocurrencies in its downtime, such as Bitcoin, Ethereum, or Dogecoin. The Canadian vehicle maker has a new electric car that mines cryptocurrencies when idle Mike Chow, vice president of research and development at Daymak … Read more