Apple Says It’s Time to Digitize Your ID, Ready or Not

Digital driver’s licenses have had a slow start in the US so far, but iOS 15 Wallet will give the nascent technology a serious push. Powered by...

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Hedge Funds Aim for $300 Billion in Crypto Assets Within 5 Years, Survey Shows
Jun16

Hedge Funds Aim for $300 Billion in Crypto Assets Within 5 Years, Survey Shows

Hedge funds are likely to significantly increase their crypto holdings, a global poll of chief financial officers has indicated. According to an average figure based on their forecasts, the funds will keep more than 7% of assets in cryptocurrency within the next five years. Hedge Fund CFOs Expect Sizable Increase in Crypto Investments The survey, conducted among 100 CFOs around the world, signals that the hedge funds are planning to...

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Porsche Enters NFT Market Launching Trading Card Platform Fanzone
Jun16

Porsche Enters NFT Market Launching Trading Card Platform Fanzone

Porsche, the German carmaker, is diversifying to digital markets through the launch of Fanzone, an NFT-based trading card market. Fanzone, built by Forward31, a Porsche company builder, seeks to capitalize on classic trading card demand. At the same time, Fanzone tries to combine this classical market with the NFT craze to offer digital products. Porsche Launches NFT-Based Trading Card Platform Fanzone Porsche, the German luxury car...

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Kim Kardashian Shills Ethereum Max on Instagram, Media Questions Socialites Motive
Jun16

Kim Kardashian Shills Ethereum Max on Instagram, Media Questions Socialites Motive

The celebrity influencer Kim Kardashian posted about a project called Ethereum Max on Instagram this week by sharing an advertisement with her 228 million followers. The project Ethereum Max has also been promoted by former Boston Celtics forward Paul Pierce and professional boxer Floyd Mayweather. Kim Kardashian Follows Mayweather and Pierce by Shilling Ethereum Max on Instagram The American reality television personality, socialite,...

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Italy’s Financial Watchdog Raises Concerns Over Unregulated Cryptocurrency Market
Jun16

Italy’s Financial Watchdog Raises Concerns Over Unregulated Cryptocurrency Market

The chairman of Italy’s financial regulator has raised concerns over the cryptocurrency market without proper regulation. “Without proper oversight there could be a worsening in market transparency, the basis of legality and rational choice for (market) operators,” he said. Chairman of Italy’s Securities Regulator Sees Issues With Unregulated Cryptocurrency Market The chairman of the Commissione Nazionale per le Società e la Borsa...

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