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The NFT boom: Is digital art the next tech bubble?

The NFT boom: Is digital art the next tech bubble? Toggle share menu Advertisement The NFT boom: Is digital art the next tech bubble? Collectors have been shelling out big bucks on digital collectibles known as NFTs, or non-fungible tokens. But the boom in NFTs is also sparking concerns about a bubble. Money Mind reports. Singapore-based investor Vignesh Sundaresan bought the world s most expensive NFT from US artist Beeple in March, highlighting how virtual work is establishing itself as a new creative genre. (Photo: AFP/Roslan Rahman) 22 Apr 2021 01:21PM) Share this content Bookmark SINGAPORE: A collage of digital images by the artist known as Beeple - sold, for US$69 million.

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Top Funds Bet Big On DeFi In Southeast Asia: Coin98 Labs Raises From Hashed, ParaFi, Multicoin & Spartan

Top Funds Bet Big On DeFi In Southeast Asia: Coin98 Labs Raises From Hashed, ParaFi, Multicoin & Spartan
forbes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forbes.com Daily Mail and Mail on Sunday newspapers.

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Cryptos Reach New Record High Ahead Of Coinbase Listing

Source: Bloomberg Source: Bloomberg As Bloomberg notes, the opportunity for Coinbase now is to capture the increasing number of institutional and corporate customers, such as MicroStrategy, and Tesla, that are buying Bitcoin for the long haul. “That’s going to be the Holy Grail for them if they can hold on to that business, because those folks are seen more as holders than traders,” said Julie Chariell, a senior analyst at Bloomberg Intelligence for fintech and payments firms. Based on figures provided by the company, Chariell calculated that 5.5 million monthly users equates to $3 billion in 2020 revenue. The top 12 fintech firms to go public in the last six months have had price-to-sales ratios of 36 times, she said. Multiplying that by 2020 revenue gets you a very large number.

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Be wary of get rich ads on YouTube, say experts

The Straits Times Be wary of get rich ads on YouTube, say experts Many of the ads claim that one can get rich by investing or taking part in a programme.PHOTO: ST FILE PublishedFeb 27, 2021, 5:00 am SGT https://str.sg/JVxL They can read the article in full after signing up for a free account. Share link: Or share via: Sign up or log in to read this article in full Sign up All done! This article is now fully available for you Read now Get unlimited access to all stories at $0.99/month for the first 3 months. Get unlimited access to all stories at $0.99/month for the first 3 months.

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Top-ups to retirement savings in CPF hit $3 billion

0 Engagements Amid the uncertainties of the Covid-19 pandemic last year, 36 per cent more Central Provident Fund (CPF) members made account top-ups under the Retirement Sum Topping-Up Scheme, putting in a total of $3 billion in their or their loved ones accounts. The Board yesterday said $1.2 billion of top-ups were made in the fourth quarter of last year alone. In total, about 140,000 members boosted CPF savings last year. More than one in three were first-timers, an increase of more than 50 per cent compared with the previous year, said the CPF Board. The total top-ups last year were also 40 per cent more than the amount in 2019. Experts said the increase was probably spurred by rising awareness of the benefits of using CPF to save.

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