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Crypto

  • Damien Hirst torches £10m original artworks after selling them as NFTs

    October 12, 2022

    Damien Hirst has torched some of his own physical works of art after selling digital versions of the pieces as non-fungible tokens (NFTs).

  • Thinking ahead so that Web2’s legacy won’t be a gaming graveyard

    October 11, 2022

    Crypto AM meets Jon Hook and Hugo Furneaux from PlayEmber as they carefully navigate the switch from Web2 to Web3.

  • Exclusive: UK police record £36m fraud linked to Cristiano Ronaldo-backed cryptocurrency giant Binance

    October 11, 2022

    UK investors lost £36million in fraud last year relating to the crypto firm Binance before it partnered with Cristiano Ronaldo, fresh police figures have revealed. The figure, shared exclusively with City A.M. this morning, was revealed following a Freedom of Information (FOI) request by InvestingReviews.co.uk, and comes as Binance faces a growing global crackdown from [...]

  • Enterprise blockchain Aventus Network has carbon footprint verified as ‘neutral’

    October 9, 2022

    Aventus Network has achieved carbon neutral status. The enterprise blockchain commissioned UK-based Carbon Footprint Ltd to verify its neutral calculation based on the energy data Aventus Network provided relating to the electricity consumption of its data servers. Carbon Footprint Ltd uses 2022 emission factors developed by the Department for Environment, Food and Rural Affairs (DEFRA) [...]

  • Trust the code, not the confused

    October 7, 2022

    Rufus Round, CEO of GlobalBlock says political systems need to adapt to the crypto and digital assets technology heading their way.

  • Shares tank 15 per cent for Argo Blockchain as it pens new crypto mining agreement

    October 7, 2022

    Shares plunged nearly 15 per cent for Argo Blockchain after the cryptocurrency mining giant penned an agreement with an undisclosed party to host and operate mining machines at its Helios facility in Texas. Up to 32 megawatts of power capacity will be provided by the company, which is roughly enough to power over 10,000 mining machines. In [...]

  • Thunderbirds International Rescue Club NFTs are go!

    October 6, 2022

    A partnership between ITV Studios and Reality+ means Thunderbirds fans can now buy and trade NFT artwork based on the classic TV show.

  • Matrixport secures $50m insurance cover for Cactus Custody digital assets

    October 6, 2022

    Matrixport has secured $50m of insurance coverage for digital assets held in cold storage with Cactus Custody, its institutional custodian.

  • Railsr raises $46m at close of latest funding round

    October 6, 2022

    Embedded finance platform Railsr has closed its Series C round, four months after rebranding from Railsbank.

  • Bitcoin now more correlated to stocks and still has value in traditional portfolios

    October 6, 2022

    Bitcoin remains a valuable addition to a traditional asset portfolio, according to research by a leading investment manager.

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