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Justin Sun is ‘thrilled’ to buy a banana taped to a wall for $6.2 million, but why?
Justin Sun is in the news for purchasing Maurizio Cattelan’s conceptual artwork—a banana duct-taped to a wall—for $6.2 million. Sun says the purchase is a “cultural phenomenon”. The art will join other high-profile NFTs and traditional artwork acquisitions by Sun which could join the Tron network. Justin Sun adds $6M banana to his art collection […]Cryptopolitan
Thu, Nov 21
Bank of Japan governor Kazuo Ueda flags AI as a threat to financial stability
Kazuo Ueda, Governor of the Bank of Japan (BoJ), has warned that artificial intelligence (AI) poses a serious threat to financial stability. Speaking at the Europlace Financial Forum in Tokyo, Ueda zeroed in on how fast-moving technological developments, including AI, could disrupt economic systems and amplify risks. His comments carried weight, especially with Japan scrambling […]Cryptopolitan
Thu, Nov 21
Litecoin’s Meme Coin Gambit and The Rise of $LESTER memecoin
Litecoin revealed in a lengthy X post that it had no affiliation with the recently launched memecoin on Solana’s Pump.fun, Lester. Litecoin’s post outlined how a group of individuals took the Litecoin mascot, Lester, created by X meme creator Greg, to popularize the memecoin.Cryptopolitan
Thu, Nov 21
Archax leverages blockchain to offer tokenized funds from State Street, Fidelity, and LGIM
Archax announced that it was expanding its tokenized RWA offerings to include industry leaders State Street, Fidelity, and LGIM money-market funds. The tokenized funds will be offered through beneficial ownership tokens that Archax will mint and offer. Archax hinted that they were likely to expand and include more fund offerings in the near future.Cryptopolitan
Thu, Nov 21
JPY is ‘backed by hostages’ — crypto exec Koji Higashi
Koji Higashi, a prominent entrepreneur in the Japanese BTC crypto arena, has said that while many people in Japan believe Bitcoin is not backed by anything of value, the Japanese yen (JPY) is backed by citizens held hostage to the economy. Higashi’s sentiment strikes the root of a bigger, more controversial issue for Bitcoin fans: […]Cryptopolitan
Thu, Nov 21
