Today In Crypto: Ticketmaster Issues Event NFTs

Ticketmaster has added a capability for event organizers to issue NFTs related to live events, said a report from Dapper Labs Wednesday, August 31.

The offering has already seen over 5 million NFTs for event organizers on the Flow blockchain.

The feature will allow fans to have a way to “extend their live event experience” through digital memories, which can be shared or used to access loyalty rewards.

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In other news, Credit Suisse held “tens of millions” of dollars in digital assets for its clients at the end of the second quarter, Coindesk wrote, as the bank complies with recent SEC guidelines that digital assets had to be declared.

Credit Suisse said it had approximately $32 million in assets which it described as “including digital asset protection assets,” which was not a category it reported during the course. of the previous two quarters. And the bank did not specify what the assets were.

Credit Suisse did not respond to a request for comment from PYMNTS.

Meanwhile, the city of Busan, South Korea has announced plans to sign a business deal with crypto exchange FTX to develop a blockchain industry and the establishment of the Busan Digital Asset Exchange, according to a statement from hurry.

Busan City and FTX would promote blockchain businesses, transforming Busan into a “global digital financial city”.

“We plan to establish a Korean branch of FTX in Busan within the next year, and FTX will actively cooperate so that Busan can become a digital financial hub city in Asia,” said Amy Woo, CEO of FTX Investment Division.

Elsewhere, European lawmakers have rejected a Green Party proposal to seek alternatives to proof-of-work (PoW) cryptocurrency mining, Coindesk reported on Wednesday.

This came as members of the European Parliament refused to impose restrictions on the energy-intensive PoW consensus mechanism, which was branded as a “ban” on bitcoin.

Ernest Urtasun, a Spanish member of parliament’s green caucus, said he was disappointed that the idea was killed off, as the proposal does not interfere with regulation in the Crypto Asset Markets (MiCA).

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Today In Crypto: Ticketmaster Issues Event NFTs


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