Search results for ebay

  • eBay Acquires NFT Marketplace, KnownOrigin

    eBay, one of the largest online marketplaces, has purchased KnownOrigin for an undisclosed price.  Introduction to eBay eBay is a publicly traded company connecting sellers and buyers. It has millions of users around the world and has started to offer NFTs very recently.  The company currently sells digital products in the same format as physical […] The post eBay Acquires NFT Marketplace, KnownOrigin appeared first on NFT News Today.

  • eBay Purchases NFT Marketplace KnownOrigin

    On June 22, global e-commerce major eBay announced the acquisition of NFT marketplace KnownOrigin, the sum of it was not disclosed.  eBay’s goal of becoming the world’s leading destination for collectibles by ushering in a new era of digital collecting will be one step closer due to this purchase. In order to usher in a […] The post eBay Purchases NFT Marketplace KnownOrigin appeared first on Crypto Academy.

  • Bank of England Deputy Governor: Crypto Crash Survivors Could Become Tomorrow's 'Amazons and eBays'

    The latest crypto slump could be decisive in determining the industry’s future winners, according to Bank of England deputy governor Jon Cunliffe.

  • EBay Snaps Up NFT Marketplace KnownOrigin

    One of the first NFT marketplaces, KnownOrigin has generated almost $8 million since launching in 2018.

  • Ecommerce Giant eBay Acquires Prominent NFT Marketplace ‘KnownOrigin’

    Last month, eBay partnered with OneOf to offer its collection of NFTs. eBay’s stock today rose 2.54 percent to $43.32

  • BoE Explains Why Crypto Crash Survivors Could Become Future Amazons, eBays

    Bank of England Deputy Governor Jon Cunliffe sees a possibility for crypto meltdown survivors to become the future technology companies, rivaling Inc (NASDAQ: AMZN) and eBay Inc (NASDAQ: EBAY), Bloomberg reports from a Zurich forum. Cunliffe drew parallels between the meltdown wiping more than $1 trillion off the value of Bitcoin and other cryptocurrencies to the dot-com collapse at the start of the millennium. The dot-com collapse saw a wipeout of $5 trillion in value and the end of several companies. However, the survivors like Amazon and eBay evolved as the dominant players. He emphasized "huge applications and potential within the financial sector" for crypto technology despite the current scenario and expected crypto technology and finance to continue amid odds. The BoE was amid the development of plans for its own retail central bank digital currency. Regulators continue to weigh entirely disintegrated settlement or regulate the crypto technology's AI code.  He explored whether private stablecoins would be more optimized by linking to a central bank ledger or providing the base instead. He held the same conviction in a fully automated pilotless plane, or a fully driverless car, questioning the liability in case of a crash due to an algo error. © 2022 Benzinga does not provide investment advice. All rights reserved.

  • eBay Acquires Leading NFT Marketplace: What You Need To Know

    Ecommerce giant eBay Inc (NASDAQ: EBAY) announced that it has acquired NFT marketplace KnownOrigin for an undisclosed sum. What Happened: In a press release on Tuesday, eBay said the acquisition was an important step in its tech-led re-imagination as it brings in a new era of digital collecting on its platform. "eBay is the first stop for people across the globe who are searching for that perfect, hard-to-find, or unique addition to their collection and, with this acquisition, we will remain a leading site as our community is increasingly adding digital collectibles," said Jamie Iannone, CEO of eBay. See Also: HOW TO BUY NON-FUNGIBLE TOKENS (NFTS) "As interest in NFTs continues to grow, we believe now is the perfect time for us to partner with a company that has the reach and experience of eBay,” said David Moore, co-founder of KnownOrigin in a statement. In 2021, NFTs saw explosive growth in sales with the average number of daily transactions exceeding 100,000 between July and December. At the time, Iannone suggested that eBay was looking into ways to explore the rapidly evolving space. Earlier this year, the eBay CEO also said that the company was studying the possibility of adding support from cryptocurrencies such as Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), and Dogecoin (CRYPTO: DOGE) on its platform. BTC Price Action: According to data from Benzinga Pro on Wednesday at publication, Bitcoin was trading at $20,177.63, down 6.13% over the last 24 hours. The leading digital asset is down around 68% from its all-time high. Photo: Burdun Iliya via Shutterstock © 2022 Benzinga does not provide investment advice. All rights reserved.

  • eBay Acquires NFT Marketplace KnowOrigin To Enhance Web3 Experience

    eBay acquires NFT marketplace KnowOrigin on Wednesday. This acquisition is believed to enhance the e-commerce firm’s vision of integrating web3 ...Read More...

  • eBay acquires NFT marketplace KnownOrigin

    The e-commerce platform has hinted at having further crypto capabilities in the works. The post eBay acquires NFT marketplace KnownOrigin appeared first on The Block.

  • EXCLUSIVE - The eBay of Web3: Interview With Colle, The Luxury Goods Marketplace Bringing Digital Inventory To Ethereum

    Last week on Benzinga’s “Moon or Bust” crypto livestream, co-hosts Ryan McNamara and Logan Ross interviewed Akos Balogh and Chanteva Schoch, serial entrepreneurs and co-founders of Colle Marketplace –– a Web3 start up for luxury collectors.  Colle announced plans to accrue $15 million in digital inventory for its luxury marketplace exclusively with Benzinga. Colle plans to bootstrap its digital inventory with NFTs representing luxury goods, focusing on high-end watches upon launch. The Colle marketplace is a Web3 startup designed for luxury collectors. The purpose of Colle is to integrate traditional collectibles with the digital world in a way that empowers sellers and protects buyers. Balogh believes that in the current gift economy, sellers lack protection and power. Centralized middleman services possess too much control, and time and time again they have failed to implement effective strategies to reduce fraud activity and authenticate goods.  Schoch explains, “We believe that in Web2 marketplaces, sellers don’t have a say; they feel like they’re never heard; they don’t have protections; and fraud activity is still high. People aren’t ready for a fully decentralized platform, but we’re guiding them, making the process of minting NFTs educational, and helping people understand what they can do with Web3.” Also Read:The Match Golf Tournament Offering Free NFTs From A Tom Brady Company: Here Are The Details Colle aims to build a platform that allows users to buy and trade goods in a fully decentralized manner. By leveraging NFTs, buyers will be able to confidently purchase verified goods from sellers all across the world. In other words, NFTs will verify proofs of authenticity and ownership of physical goods, such as luxury watches and handbags, on Ethereum’s (CRYPTO: ETH) blockchain. Colle plans to use Ethereum at launch, and it is exploring other chains to operate on in tandem. While it is true that Ethereum has relatively high gas fees compared to other blockchains, Akos believes that this isn’t a significant problem given that Colle is positioned to penetrate the high-value, luxury segment of the gift economy. Balogh summarized his motives, “It’s all about community; we’re all collectors. My friends are all collectors. It’s a $300 billion market, and Colle has a great chance at catching today’s hype as people are turning to Web3.” Colle and many others believe that the current luxury goods market is inefficient and rather centralized around eBay Inc (NASDAQ: EBAY), StockX and a few other incompatible applications. Colle aims to leverage blockchain to make sellers and buyers reputations a streamlined, public good. © 2022 Benzinga does not provide investment advice. All rights reserved.

  • First eBay NFT Collection – Surprise Launch!

    eBay is the latest corporation to offer NFTs in cooperation with web3 platform OneOf. The new “Genesis” NFT Collection will contain 3D and animated versions covering sportsmen (Sports Illustrated covers). eBay claims that revolutionizing the collectibles space led to its first NFT partnership.  The first NFT collection features hockey legend, Wayne Gretzky. The series includes […] The post First eBay NFT Collection – Surprise Launch! appeared first on NFT News Today.