Omni-present god of retail, Amazon, has set tongues a-wagging and rumours a-flying with its latest revelation, indicating recently that it may add NFTs and cryptocurrency payments to its platform. Speaking during a recent interview with CNBC, newly appointed Amazon CEO, Andy Jassy, said he was optimistic about the future of NFTs and cryptocurrency. However, he did add that it would take some time before the tech will be active on its retail platform. Further indications abound as to its relationship with the blockchain through a series of Web3-related job openings,…Read More
Day: 18 April 2022
Is asymmetric information driving crypto’s wild price swings?
It has long been believed that investors possessing inside knowledge help drive cryptocurrencies’ price volatility, and a number of academic papers have been published on this topic. This is why Coinbase’s intention to regularly publish in advance a catalog of tokens being assessed for listing on its prominent trading platform is noteworthy. Coinbase’s plans, announced in an April 11 blog along with 50 crypto projects “under consideration” for Q2 2022, could help tamp down the pervasive speculation that surrounds small-cap tokens. Meanwhile, this can help alleviate industry concerns about “information…Read More
UAE Airliner Emirates to Launch NFTs and Experiences in the Metaverse
United Arab Emirates (UAE) airliner, Emirates, has announced plans to launch non-fungible tokens (NFT) and experiences in the metaverse for its workers and customers. The launch aligns with UAE’s digital economy and virtual assets initiatives. First Projects Already Underway The UAE airliner Emirates has said it will soon launch non-fungible tokens (NFT) and “exciting experiences in the metaverse” for its clientele as well as its workers. According to the airliner, the move aligns with advances in the UAE’s digital economy as well as with the country’s virtual assets related initiatives.…Read More