Goldman Sachs, the Wall Street investment banking behemoth, has submitted an application with the US Securities and Exchange Commission (SEC) for an exchange-traded fund (ETF) that would provide exposure to public businesses in decentralized finance and blockchain throughout the world.
The Goldman Sachs Innovate DeFi and Blockchain Equity ETF seeks to replicate the Decentralized Finance and Blockchain Index from German financial indices provider Solactive. The fund will invest at least 80% of its assets in the index’s securities, stocks, and depository receipts.
Mike Novogratz, the founder and CEO of Galaxy Digital recently on his talk show ‘Next with Novo’ said that he believes NFTs will pervade every business in the future.
Novogratz, the first institutional investor in Bitcoin and the first Wall Street investor in Ethereum, stressed that the NFT sector is still in its infancy and that education, trust, and community development are critical components of space’s future growth. Without a doubt, NFTs represent the future of art and technology.
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About 75 million MAGACOIN were developed to sustain pro-Trump prospects in 2022.
The launch of a cryptocurrency created by Donald Trump supporters last week has been marred by a website information breach.
According to The Guardian, customer info including IP addresses, e-mail addresses, and also passwords was accessed by means of an inadequate security arrangement on the job’s site.
The crypto is referred to as MAGACOIN after previous President Trump’s “Make America Great Again” slogan. The task’s website declares that MAGACOIN was “produced by America First Conservatives out of irritation with “Losing the Political Election” (the website has it in…
JP Morgan, a multinational investment bank, is on a recruiting spree for its blockchain division, Onyx. The bank is seeking for people to fill jobs in marketing, audit, engineering, among other areas.
The new job listings are looking for blockchain expertise in a variety of JPMorgan offices across the world, including the United States, Singapore, India, Hong Kong, the United Kingdom, and others. Over the last seven days, the company has advertised more than 30 such positions in the United States alone.
For the first time, nonfungible tokens (NFTs) will be included at this year’s Taobao Maker Festival, an annual event honoring Chinese art and business sponsored by Alibaba-owned e-commerce platform Taobao.
Taobao, which is based on a C2C (consumer-to-consumer) retail model, allows small companies and individuals to create their online stores. The TMF provides increased market exposure to the most exceptional young innovators and small companies by highlighting their innovation and making their items more discoverable on Taobao Marketplace.
Brian Armstrong, co-founder and CEO of Coinbase, responds to Dogecoin co-creator Jackson Palmer’s recent attack against cryptocurrency. Palme surprise visited Twitter on Wednesday with some unpleasant remarks regarding cryptocurrency.
Dogecoin was established by Palmer and Billy Markus in 2013 as a joke inspired by the “Doge” meme, which depicts a Shiba Inu dog. Markus and Palmer had no intention of taking dogecoin seriously.
However, the coin has lately surged and is now one of the top ten cryptocurrencies in terms of market capitalization. It reached an all-time high of roughly 74 cents this year. …