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Showing posts with the label digital

ShardLab launches a digital ID and voucher distribution app

ShardLab, a division of Hashed, a leading Web3 venture capital firm, has launch ed a new web app introducing a revolutionary approach to utilizing decentralized identity (DiD) and seamlessly distributing vouchers, as per the latest updates shared with Finbold on July 8. Integrating NFT vouchers with ICONSIAM Following a successful showcase at Southeast Asia Blockchain Week (SEABW) 2024, where ShardLab demonstrated some practical applications of non-fungible tokens (NFTs), the new app highlights additional uses of blockchain in the mainstream.  During the SEABW event, attendees also saw how NFT vouchers powered by blockchain technology streamlined transactions at ICONSIAM, highlighting both the efficiency and security benefits in retail environments. Picks for you Opportunity? Technical indicators point to $64K target for Bitcoin ...

SGKB announces partnership with SEBA Bank to offer digital asset custody, brokerage services

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According to a Nov. 2 post on X, SEBA Bank has announced a new partnership with St. Galler Kantonalbank (SGKB) to offer users the chance to buy and trade cryptocurrencies like Bitcoin and Ether. SGKB is the fifth largest bank, with 35 branches in the eastern part of Switzerland. A major milestone As part of the announce ment, the bank states that the initial group of clients to be served will consist of the bank’s wealth management customers, followed by retail customers and alongside plans to introduce additional coins and staking services . We are delighted to announce our new partnership with St.Galler Kantonalbank (SGKB), to enable digital asset custody and brokerage services for SGKB’s clients. This collaboration marks a significant milestone in adopting digital asset s and crypto-related services in Switzerland.… pic.twitter.com/syVeb0V5t5 — SEBA Bank AG (@WeAreSEBA) November 2, 2023 Commenting on this news, Falk Kohlmann, the Head of Market Servi...

Sotheby's will auction off part of 3AC's digital art collection

Among the pieces being auctioned include a zombie CryptoPunk and Autoglyphs from Larva Labs as well as Dmitri Cherniak’s artwork ‘The Golden Goose’. Sotheby’s auction house said it will be selling off a digital artwork collection formed as part of collapsed crypto hedge fund Three Arrows Capital, or 3AC. In an April 19 announcement, Sotheby’s said it would auction off nonfungible token, or NFT, artwork assembled as part of 3AC’s digital portfolio in 2021. The firm will begin the auction with sales of seven NFTs that are part of the ‘Grails’ collection in May, described as “some of the highest quality and rarest works,” according to Sotheby's head of digital art Michael Bouhanna. Among the pieces being auctioned by Sotheby’s include zombie CryptoPunk #6649 and Autoglyph #187 from Larva Labs as well as Dmitri Cherniak’s artwork ‘The Golden Goose’, purchased by 3AC co-founders Su Zhu and Kyle Davies in August 2021. They paid 1,800 Ether (ETH) — roughly $5.8 million at the time — for ...

Russia's largest bank issued gold-backed digital financial assets

The issuance became the second major operations of the bank with the new class of assets. Russia’s largest bank Sber — formerly known as Sberbank — reported the first issue of gold-backed digital financial assets (DFAs). The bank considers DFAs to be a “great alternative” to investments amid dedollarization. On Dec. 26, Sber published the news about its first issue of gold-backed DFAs. A diversified metals seller and manufacturer, Solfer, became the first investor to obtain the issued assets. Gold-backed DFAs represent certifying monetary rights, whose price and volume depend on gold prices. According to juridical documentation of the issuance, the bank will provide up to 150,000 DFAs for potential investors to buy. The DFAs will be available to acquire until Jul 30, 2023. The document mentions “the high risks” for investors, ingrained in such kind of assets, including “the risk of illiquidity.” The first deputy chairman of the Executive Board at Sber, Alexander Vedyakhin, cla...