. Ignium.io, a security token issuance and settlement platform based in Estonia, is today announcing the launch of a €10 million bond token program of Viking Commodities Capital (VCC) OÜ. According to an announcement shared exclusively with Finance Magnates, the companies say that VCC’s bond token is the first to be backed by a commodity: grain. Indeed, Viking Trading OÜ, […]

An NFT “drop” by National Football League (NFL) star Rob Gronkowski has generated over $1.8 million in primary sales, according to a report from CoinTelegraph. The Rob Gronkowski Championship Series NFT Collection was put up to market on NFT platform OpenSea on March 11th. The collection includes five digital “cards” that depict some of Gronkowski’s most famous in-game moments. Each […]

After overtaking Polkadot earlier this year, Cardano made major headlines after jumping from $0.18 to $1.49. Right after this phase of the massive surge has brought ADA a consolidation phase. Michaël van de Poppe recently quoted that, it’s very natural to have a calm period after a massive impulse move. What caused the sudden cooling of ADA prices? Cardano was […]

OVRLand is selling around 5,000 different NFTs every day. In total, OVR has sold 60,000 NFTs since its launch on November 30th. Meanwhile, the token has also reached the $1 mark. Each OVRLand is essentially an ERC721 token in which there is a 3D environment that can host games, events and tournaments. OVR Is Setting New Records With OVRLand It’s […]

Edward Fairchild, one of the founders of LA-based cannabis company THC Design, revealed that he “stumbled” into buying an NFT from acclaimed digital artist “Beeple” that has since increased in value by 30,000% since he purchased it in December. Recounting the story in an article published by Business Insider on March 14, Fairchild noted that despite being a long-time fan of Beeple, […]

The Internet and Mobile Association of India has issued a plea to government not to ban digital currencies, but to regulate instead, as a means to unlock the “considerable benefits” of the digital currency sector. The body, which represents ISPs, mobile networks and other digital businesses in India, said the government should instead introduce “robust mechanisms” for regulating the sector, […]

The financial regulator in South Korea has introduced a raft of new enforcement measures, designed to ensure digital currency exchanges are upholding their obligations under anti-money laundering regulations. The Financial Services Commission, which is responsible for overseeing financial firms in South Korea, has brought forward a new structure of penalties for exchanges that fail to properly implement anti-money laundering measures, […]

A French parliament member has signed a petition to amend the laws to enable the central bank of France to buy and hold bitcoin as well as other cryptocurrencies. The petition urges lawmakers to urgently consider the matter, warning that not owning bitcoin will put France “in a financially weak position within 5-10 years.” Petition to Allow Central Bank to […]

In a whirlwind seven-day period, which began with Twitter founder Jack Dorsey proving that almost anything can be tokenized — even his old tweets — and culminated on Thursday with a Christie’s art auction that brought a mind-boggling $69.3 million bid for a tokenized Beeple work — fetching more at an auction than pieces by George Seurat, Paul Gaugain or […]