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Tencent mints NFTs to digitize a world heritage — on a private blockchain

Tencent mints NFTs to digitize a world heritage — on a private blockchain

Chinese tech giants Tencent and Alibaba have both made moves into the NFT space in a localized way where crypto-native features are removed.

The post Tencent mints NFTs to digitize a world heritage — on a private blockchain appeared first on The Block.

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Walmart has not partnered with Litecoin, despite reports

Retail giant Walmart has not partnered with blockchain platform Litecoin, despite a press release that was put out.

The post Walmart has not partnered with Litecoin, despite reports appeared first on The Block.

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Steve Cohen-backed NFT platform closes Series A at $333 million valuation

RECUR—an NFT platform—has closed a funding round that values the young startup at $333 million.

The post Steve Cohen-backed NFT platform closes Series A at $333 million valuation appeared first on The Block.

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MicroStrategy takes its Bitcoin holdings to 114,000 BTC ($5.1 billion)

MicroStrategy has bought a further 5,050 bitcoin, taking its total holdings even further above the 100,000 mark.

The post MicroStrategy takes its Bitcoin holdings to 114,000 BTC ($5.1 billion) appeared first on The Block.

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Coinbase announces $1.5 billion private debt offering

Crypto exchange Coinbase has announced plans to conduct a private offering of $1.5 billion in senior notes, per a blog post.

The post Coinbase announces $1.5 billion private debt offering appeared first on The Block.

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Weekend wrap: Nyan cats, fractionalized dogs and cartoon lobsters

We just saw an exceptionally busy weekend in the crypto world. Here’s a roundup of what you may have missed.

The post Weekend wrap: Nyan cats, fractionalized dogs and cartoon lobsters appeared first on The Block.

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Brevan Howard hires former CMT Digital boss to lead crypto unit

British hedge fund Brevan Howard Asset Management has announced the hire of Colleen Sullivan to steer its investments in crypto.

The post Brevan Howard hires former CMT Digital boss to lead crypto unit appeared first on The Block.

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DeFi and the 3 Cs

The purely collateral-based type of lending practiced so far in decentralized finance has limitations. Reputation systems may widen the possibilities.

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Solana nets its first million-dollar NFT sale and it’s for a Degenerate Ape

The Solana blockchain platform, which is home to a growing NFT ecosystem, has witnessed its largest purchase yet.

The post Solana nets its first million-dollar NFT sale and it’s for a Degenerate Ape appeared first on The Block.

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A conversation with the prolific and pseudonymous NFT investor Vincent Van Dough

Quick Take

  • “Vincent Van Dough” has spent more than $20 million on NFTs. They recently also set up an NFT fund and aim to raise $100 million.
  • The Block sat down with Van Dough to find out why they are so bullish on NFTs, how they value them, and about their plans for the new fund. 

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