When Hirst – the British artist best known for wildly expensive works involving taxidermied sharks and diamond-studded skulls – released “The Currency” last year, the project took most of its cues from other popular NFT collections. Like CryptoPunks or the Bored Ape Yacht Club, “The Currency” consists of 10,000 images with slight variations. And as with those projects, it was … [Read more...] about Damien Hirst Launches Chainlink Price Index for NFT Project
Index
Is Overstock a Bitcoin Price Index?
Accusations of a cloned app mean that Ethereum’s gambling problem is only getting worse.-AND-Coinbase wins a patent for a secure bitcoin payments system.-ALSO-Chinese e-commerce giant JD.com rolls out blockchain platform with its first app.-DON’T MISS-CoinDesk market analyst Sam Ouimet joins host Stan Higgins to discuss the uncanny correlation between the price of Overstock’s … [Read more...] about Is Overstock a Bitcoin Price Index?
Bitwise launches NFT index fund for accredited investors
In an effort to democratize access to nonfungible tokens, art collections and other digital assets of value for the masses, Bitwise Asset Management launched its new index fund on Dec. 16.As per the announcement, the Bitwise Blue-Chip NFT Index Fund is designed to allow accredited investors to invest in major nonfungible tokens and art collections. The NFT industry has exploded … [Read more...] about Bitwise launches NFT index fund for accredited investors
Inflation benchmark Frax Price Index to launch on Partisia blockchain
On Thursday, Frax Finance, a developer of algorithmic stablecoins, announced it would launch the Frax Price Index, or FPI, on the Partisia blockchain. The benchmark would have its stablecoin pegged to it and serve as a competitor to the standard Consumer Price Index, or CPI. Although the latter is a near-universally adopted inflation gauge, skeptics have claimed that its … [Read more...] about Inflation benchmark Frax Price Index to launch on Partisia blockchain
Index Coop Isn’t Worried About Enso’s ‘Vampire Attack’
On-chain crypto index fund builder Index Cooperative raised $2.25 million in funding as the decentralized autonomous organization (DAO) prepares to fend off another project’s “vampire attack.”Sequoia Capital India, Blockchain.com Ventures and White Star Capital participated in the funding round. It closed before news broke Tuesday that Enso Finance, a “social trading” … [Read more...] about Index Coop Isn’t Worried About Enso’s ‘Vampire Attack’