U.S.-based art collective Kanbas made the largest non-fungible token (NFT) purchase in three years last week, scooping up a 1-of-1 artwork by Sam Spratt for $3 million. The artwork is called “X.Masquerade” and is the sixth chapter in the “Story of Luci.” It ties into into an upcoming invite-only event that allows supporters to participate […]

Donald Trump supporters are getting rewarded with a few dollars worth of his official TRUMP token if they had purchased any of the merchandise from websites associated with the U.S. president. Three TRUMP tokens, worth just over $50 at writing time, will be given to past buyers of Trump’s perfumes, sneakers, cards or watches per […]

Ethereum’s ether (ETH) showed strength through the weekend, spurring investor hopes of a break in its lackluster price performance, only to foreshadow a market-wide decline. In a muted trading session due to the U.S. holiday, ether ground as much as 7% higher to a Monday session high of $2,850, outperforming the rest of the crypto […]

The Abu Dhabi-based branch of Brevan Howard Digital, the crypto arm of the global investment management firm, has deployed $20 million on Kinto, a blockchain platform designed for institutional participation in decentralized finance (DeFi). The deposit makes Brevan Howard Digital one of the first traditional financial firms to tap into Kinto’s on-chain mining program, the […]

The U.S. crypto task force will focus on starting up a national bitcoin (BTC) reserve, a move that is likely to spur similar efforts worldwide, broker Bernstein said in a research report Monday. “A creation of a U.S. bitcoin reserve could lead to a global race amongst sovereigns to buy bitcoin as one of the […]