Tag: Blockchain
CryptoPunks blasts past $1 billion in lifetime sales as NFT speculation surges
Hello friends, and welcome back to Week in Review! Last week we dove into Bezos’s Blue Origin suing NASA. This week, I’m writing about the unlikely and triumphant resurgence of the NFT market. If you’re reading this on the TechCrunch site, you can get this in your inbox from the…
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Coinbase crushes Q2 expectations, notes Q3 trading volume is trending lower
After the bell today, Coinbase reported another period of impressive results in its second quarter earnings report. During the quarter, Coinbase’s total revenue reached $2.23 billion, which helped the company generate net income of $1.61 billion in the three-month period. The company benefited from a one-time line item worth $737.5…
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Crypto community slams ‘disastrous’ new amendment to Biden’s big infrastructure bill
Biden’s major bipartisan infrastructure plan struck a rare chord of cooperation between Republicans and Democrats, but changes it proposes to cryptocurrency regulation are tripping up the bill. The administration intends to pay for $28 billion of its planned infrastructure spending by tightening tax compliance within the historically under-regulated arena of…
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Yat thinks emoji ‘identities’ can be a thing, and it has $20M in sales to back it up
I learned about Yat in April, when a friend sent our group chat a link to a story about how the key emoji sold as an “internet identity” for $425,000. “I hate the universe,” she texted. Sure, the universe would be better if people with a spare $425,000 spent it…
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Shopify allows merchants to sell NFTs directly through their storefronts
Shopify has made it possible for eligible sellers to sell NFTs (non-fungible tokens) via its platform, which opens up a whole new world for e-commerce merchants. On Monday, the NBA’s Chicago Bulls launched its first-ever NFTs –– including digital artwork of NBA championship rings –– by launching an online store…
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Paystand banks $50M to make B2B payments cashless and with no fees
It’s pretty easy for individuals to send money back and forth, and there are lots of cash apps from which to choose. On the commercial side, however, one business trying to send $100,000 the same way is not as easy. Paystand wants to change that. The Scotts Valley, California-based company…
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