‘Our democracy will better evolve because of DAOs,’ says Animoca's Yat Siu

The rise of Web3 has paved the way for new business models that could shape the next phase of the internet. For instance, nonfungible tokens (NFTs) will play a large part in the open metaverse as the underlying assets people interact with. Decentralized autonomous organizations (DAOs) are also coming to fruition to allow for community […]

NFL to offer virtual NFT tickets at Super Bowl in Los Angeles

The NFL officially announced Wednesday that each fan who attends Super Bowl LVI in Los Angeles on Feb. 13 will receive a unique customized NFT. The NFT will feature their unique section, row, and seat to commemorate the game day and Super Bowl’s return to Los Angeles for the first time in almost 30 years. […]

Coinbase CEO reportedly buys LA mansion for $133M

Brian Armstrong, CEO of Coinbase — the largest cryptocurrency exchange in the United States — reportedly made a multi-million-dollar real estate purchase at the end of 2021. Armstrong bought a $133-million Los Angeles property from Japanese entrepreneur Hideki Tomita in December, The Wall Street Journal reported on Monday, citing anonymous people familiar with the matter. […]

Crypto. com partners with Los Angeles' Angel City Football Club

Cryptocurrency exchange Crypto.com has inked another deal to expand its brand recognition in the United States with the professional women’s sports team Angel City Football Club. In a Tuesday announcement, Crypto.com said it had partnered with the Los Angeles soccer team in an effort to increase awareness and access to crypto, blockchain, and Web 3.0 […]

Angelenos push back on new Crypto.com arena: 'It will always be the Staples Center'

Residents of Los Angeles, sports fans and social media personalities are making light of Crypto.com’s plans to rename the city’s Staples Center for its own marketing purposes.  The Staples Center, a multi-purpose arena that has been home to the Los Angeles Clippers, Lakers and other major sports franchises for years, is scheduled to be renamed […]

Award-winning NFT artwork exhibited on giant billboard at LA intersection

A piece of interactive art by Micah Johnson, a former Major League Baseball player turned nonfungible-token artist, will spend the next month exhibited on a giant electronic billboard in Los Angeles. Micah Johnson’s “ˈsä-v(ə-)rən-tē” (pronounced “sovereignty”) was inspired by the Black Lives Matter movement and features two African American boys hoping to fulfill their dream […]