Coinbase is continuing to expand its crypto footprint by extending custodial services support to a variety of altcoins. In a new announcement, the US-based cryptocurrency exchange says it’s adding nine cryptocurrencies to its roster of 200+ assets that are part of the Coinbase Custody cold storage trust. Coinbase Custody now supports deposits and withdrawals for […]
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Crypto exchange giant Coinbase just added three new small-cap altcoins to its retail trading platform. According to Coinbase, the three digital assets will be designated as “experimental,” meaning they may have higher volatility and lower trading volume when compared to other assets in Coinbase’s lineup. The leading US-based exchange says that business-focused open-source hybrid blockchain […]
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While many celebrities have launched non-fungible token (NFT) collections, a number of NFT compilations have featured luminaries who have passed away. Legends such as Jerry Garcia, Kurt Cobain, Muhammad Ali, Elvis, Tupac, and more have been featured in NFT collections. This Saturday, Ethernity and Bruce Lee’s family will be dropping the renowned martial artist’s first […]
The partnership is seemingly another bullish sign for a growing NFT market.
Community-oriented non-fungible token platform Ethernity Chain is partnering with Hong Kong-based crypto investment firm Kenetic Capital to expand its ecosystem.
According to an announcement today, Kenetic will support the Etherenity Chain network by expanding the development and adoption of blockchain platforms through technology, investments, and advisory services. Etherenity Chain’s non-fungible token, or NFT, platforms provide a number of exclusive tokenized artwork from prominent sports figures including skateboarder Tony Hawk and basketball legend Shaquille O’Neal.
“Ethernity is leading the way for next-generation NFT platforms by providing fans access to some of the most legendary figures and brands in history while solving critical UX issues for collectors," said Kenetic co-founder Jehan Chu. “I believe NFTs are the true missing link between online and offline objects, and will transform not only art, but also business, finance, society and culture.”
Both Kenetic and Ethernity Chain have made many inroads into NFTs as the market grows in 2021. Chu purchased the .NFT domain extension for $84,000 through the Namebase marketplace in February, while Ethernity Chain announced last month it would be working with graphic artist BossLogic to launch an exclusive line of tokenized art pieces for the community.
Through the sale and promotion of unusual digital artwork and collectibles, the NFT market seems to be on an exponential growth path this year. A piece from artist Mike Winkelmann — also known as Beeple — raised more than $69 million on Christie’s auction house last month, while NFTs from prominent musicians and public figures continue to drop on a daily basis.
