“We’re thrilled to announce the GameStop NFT Marketplace has taken its first steps to welcome users. And it is built atop Loopring! GameStop, in partnership with Loopring, has the opportunity to cement itself at the forefront of this new paradigm and become the destination for global digital economies.
The new Marketplace built atop Loopring L2, ensures that users receive the strongest digital property rights anchored by Ethereum’s self-custodial security while abstracting away costly gas-fees.
Loopring has built the rails for creators to deliver high performance applications that rival the speeds and scalability of Web2, while also empowering users to receive provable ownership and control over their assets in Web3.
Users can get early access to beta.nft.gamestop.com, to set up your username and profile, make deposits and be prepared for the full launch of the official marketplace coming soon. We believe that today marks an important inflection point for the entire NFT space, and we are excited to be a part of what’s to come.”
“Joystream seeks to act as a decentralized YouTube. It’s part of a broader crypto movement that aims to empower individual creators over corporations.
Creators can mint their videos as NFTs on the Joystream blockchain, and each channel has its own native token. Consumers can invest in their favorite creator’s success, as well as take profits from their non-fungible token (NFT) sales on the platform.
Giving the stakeholders the tools required to decide, fund and direct the operation and evolution of the system is a much more durable approach, and one which is going to make it much more attractive for developers to build applications on top of Joystream.
Right now it’s preparing to launch a mainnet in Q2 or Q3 of this year. Other decentralized video platforms such as LBRY and DTube are more limited in scope, hosting crypto tipping.”
“Stock and bond issuance, trading and settlement via blockchain technology will be tested in the European Union under a five-year pilot program approved by the European Parliament in Brussels. It will give EU members the chance to test out new crypto applications that would otherwise be blocked by existing laws governing financial market infrastructure.
It is not only vital to make existing financial legislation fit for digital, but also to show an openness towards new technology that could make financial markets safer and more efficient.”
“I’ve told the state agencies to figure out ways where if a business wants to pay tax in cryptocurrency to Florida, we should be willing to accept that.
Colorado Governor Jared Polis, not wanting to lose the rivalry with his state’s neighbor to the north, helped pass a provision allowing Coloradans to pay taxes in crypto by the end of this year. He said the plan is to expand that to other state fees and licenses—though it won’t hold any crypto assets it receives, instead converting them to dollars.”
“The perennial debate of whether bitcoin (BTC) is a gold-like haven asset or a risky investment may heat up as the cryptocurrency’s sensitivity to stock markets increases – amid concerns the Federal Reserve’s aggressive tightening plans may tip the U.S. economy into recession.
The 90-day correlation between bitcoin, the top cryptocurrency by market value, and Wall Street’s benchmark equity index, the S&P 500, rose to 0.49 on Friday, the highest since October 2020. According to Noelle Acheson, head of market insights at Genesis Global Trading, macroeconomic and geopolitical uncertainties seem to be keeping bitcoin from drawing store of value bids.
Bitcoin’s correlation to the S&P 500 has only been higher for five days in BTC’s history.”