1. Label Foundation has raised $1.1 million in a public sale funding round. The company will use the money to build a blockchain-based ecosystem to revolutionize the MOOC Industry.
2. The art market and its community are going through rapid changes to keep up with the fast pace of the development of new technologies. The adoption of blockchain marked a new era in the art market, as the new technology continues to bring new experiences to artists, collectors, and art galleries.
3. This week, our 6 Questions go to Jennifer Wines, vice president of Fidelity Private Wealth Management. Jen grew up between Mexico, Canada and the United States.
4. As part of its effort to embrace the ongoing rave around cryptocurrencies, the American multinational retail giant Walmart (NYSE:WMT) has rolled out a pilot program that would allow customers to add digital assets to their shopping lists. Meanwhile, the firm has installed Bitcoin-dispensing machines at some of its locations.
5. Earlier this summer, CNN and The New York Times each warned that the nonfungible token (NFT) bubble, fueled by buzz over eye-popping valuations for digital art and interest from collectors, might already be bursting. As the sixth employee at a social media startup called Wildfire — which was acquired by Google (NASDAQ:GOOGL) in 2012 — I’m all too familiar with skeptics and precautionary tales when it comes to new and emerging technologies.
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