The NORDEK Finnovate program is a significant initiative aimed at supporting and nurturing promising projects in the Web3 payments space. With a $10 million grant, NORDEK seeks to provide strategic funding to early-stage projects and substantial grants to more developed initiatives. This multi-faceted approach is designed to foster innovation and contribute to the growth of…

The intersection of traditional art and blockchain technology, particularly in the form of non-fungible tokens (NFTs), has been a notable trend in the art market. The sale of digitalized Van Gogh-inspired artworks for significant amounts ($2.5 million) in the crypto market highlights the increasing acceptance and demand for NFTs, particularly those connected to renowned artists.…

MATIC/USDT artifact disclosed BUY signal on Sun, 19 Nov 2023, 12:00PM UTC

Navigating the NFT realm reveals hurdles such as scalability issues, security threats, and the absence of user-friendly marketplaces, creating delays and soaring fees on networks like Ethereum. Security, exemplified by significant hacks since 2021, remains a substantial worry for NFT platforms. Crypto Homosapiens enters the scene to redefine the NFT marketplace, striving for accessibility and…

Facing rigorous regulatory scrutiny across multiple U.S. states, GS Partners, a Web3 company, is contending with accusations ranging from violations of securities laws to false claims and omissions in connection with the sale of unregistered tokenized assets to retail investors. Legal actions initiated by regulators specifically target various entities under the GS Partners umbrella, including…

In an unexpected twist, OpenAI has revealed the departure of Sam Altman as its CEO, a decision that took effect on November 17. The company’s board, citing Altman’s lack of transparency in communications as a key concern, expressed a loss of confidence in his leadership, leading to this sudden announcement. Altman, a co-founder of OpenAI…

BlackRock, the global asset management giant, has officially applied for a spot Ethereum exchange-traded fund (ETF) with the United States Securities and Exchange Commission (SEC). The iShares Ethereum Trust, as outlined in the submitted Form S-1 filing, aims to closely track Ethereum’s performance. BlackRock’s move signals a continued interest in bringing ETF products to U.S.…

LooksRare is making a bold move in the NFT space by implementing a zero-fee policy for all NFT sales on its decentralized marketplace. This decision directly challenges OpenSea’s fee structure, which has faced criticism. LooksRare operates on Ethereum and rewards its community with its native utility token, LOOKS. Previously charging a 2% sales fee, LooksRare…

BNB/BTC artifact disclosed SELL signal on Thu, 16 Nov 2023, 08:00PM UTC

MATIC/USDT artifact disclosed SELL signal on Thu, 16 Nov 2023, 12:00PM UTC