Mark Cuban Backed NFT Project Launch, German Bank Applies for a Cryptocurrency License, 0X Protocol Partners with Coinbase NFT

Mark Cuban and Ashton Kutcher backed NFT Project Launch

INK, an artist’s signature NFT startup, backed by Mark Cuban and Ashton Kutcher, launched this week. Lexi Jayden, an American actress, and singer, was the first artist to do an INK Drop. 

“Signatures make things visually non-fungible, while NFTs make things computationally non-fungible,” Ink founder Max Brody said. 

“Inks are the autographs of the future.”

Major German Bank Applies for a Cryptocurrency Licence

Commerzbank, an international commercial German bank, applied for a local cryptocurrency licence with BaFin, Germany’s Financial Supervisory Authority. 

If the licence application is approved, Commerzbank will be authorised to offer exchange and cryptocurrency services to its clients. Commerzbank has over 18 million customers and over 70,000 institutional clients.

 0x Protocol partners up with Coinbase NFT

0x Protocol, an open-source protocol for peer-to-peer exchange on the Ethereum blockchain, is partnering with Coinbase to power its NFT Marketplace. 

0x Protocol offers multi-chain swapping and up to 50% fewer gas fees. The news sent 0x’s native token (ZRX) surging 50% in one day.

Written by Lindi Miti © Crypto University 2022