• Cryptocurrencies,  Innovators

    Walmart May Soon Enter the Metaverse

    The retail giant wants in

    Trademarks Walmart filed several trademarks on December 30 that would allow them to sell virtual goods, currency, and NFTs to customers. Trademark serial number 97197301 states at one point “PROVIDING A VIRTUAL CURRENCY FOR USE BY MEMBERS OF AN ONLINE COMMUNITY VIA A GLOBAL COMPUTER NETWORK; FINANCIAL EXCHANGE OF VIRTUAL CURRENCY, IN THE FIELD OF NON-FUNGIBLE TOKENS (NFTS)”. The text itself goes on a lot longer, and there are several other additional trademarks to read too. Walmart intends to create its own digital currency and NFTs, but it’s going to go a lot deeper than that. Looking at the trademarks shows that there is a lot of thought and care…

  • Alt coins,  Cryptocurrencies,  People

    Tesla Accepting Dogecoin Payments

    Select Tesla merchandise can be purchased with Doge

    Elon Musk’s tweet Tesla CEO, Elon Musk, continues to keep Dogecoin (DOGE) relevant through his latest announcement. On Friday, January 14, Musk tweeted “Tesla merch buyable with Dogecoin”. Following his tweet, DOGE saw a 10% increase in price. Only select items are available for purchase with DOGE, like the Giga Texas Belt Buckle or the Cyberwhistle. This isn’t his first time tweeting about the meme coin; he has announced SpaceX missions to be funded entirely by DOGE. He even has a pet Shiba Inu named Floki, which caused a stir on Twitter, and responded to a tweet about how he could be the world’s first trillionaire by saying “*In Dogecoin”.…

  • Media,  People

    Kim Kardashian and Floyd Mayweather Are Being Sued for Advertising a Crypto Token

    Boxing legend Floyd Mayweather and Reality TV star and model Kim Kardashian are under fire after promoting an alleged “pump and dump” scam

    The controversy Kim Kardashian, Floyd Mayweather, basketball player Paul Pierce are all under fire for using their platforms to promote the EthereumMax (EMAX) token. As stated in the class action complaint “This case arises from a scheme among various individuals in the cryptocurrency sector to misleadingly promote and sell the digital asset associated with EthereumMax (the EMAX Tokens) to unsuspecting investors.” The case essentially states that the defendants used their own influence as celebrities to artificially inflate the price of the token. From there, investors bought EMAX tokens at an inflated price. After this, supposedly the defendants involved then went and sold off their shares of the token, made a…

  • Cryptocurrencies,  Innovators,  Technology

    RadioShack: Bringing Cryptocurrency to the Mainstream

    After filing for bankruptcy twice in previous years, RadioShack takes a different approach to its business

    RadioShack announced their move into cryptocurrency on December 19th via Twitter. The rebranding of this company follows after two previous bankruptcy filings in 2015 and 2017. The company’s mission is “to be the first protocol to bridge the gap in mainstream usage of DeFi (decentralized finance) ” according to their Twitter. The plan is to capitalize on the well known RadioShack brand in order to bring awareness to their new token. RADIO Token One of the main issues in the world of cryptocurrency is that a gap exists between many traditional business models and blockchain technology. Many CEOs of big corporations have yet to put the time in to understand…