Tuesday, May 26, 2020

The Wild West Crypto Show Asks: What Can Top Trading Cards on a Blockchain?

For those who are keeping up with the latest developments in the crypto space, this week’s Wild West Crypto Show is a must see. Titled ‘Trade Cards with Topps!’, episode 109 has hosts Drew Taylor and Brent Bates welcoming guests Evan Vandenberg, who talked about his work with the Topps Company, and Pradeep Goel, CEO of Solvecare, a company with ambitious plans to disrupt the health care industry. In addition, Jonathan Keim from media firm CryptoCurrencyWire made his usual appearance with a trio of eye-catching developments in the blockchain space.
Vandenberg, a senior business development manager at the Worldwide Asset eXchange (WAX), discussed his company’s collaboration with the Topps Company. The latter produces trading cards for Major League Baseball (MLB), Star Wars, World Wrestling Entertainment (WWE) and Garbage Pail Kids. WAX’s historic partnership will bring the Topps Company’s vast licensing portfolio to the WAX Blockchain, allowing collectibles to be seamlessly sold or traded instantly and securely with anyone around the world.
Goel’s project – Solvecare – is an online platform designed “to give patients true power and control over their health care” by “skipping the bureaucracy that is so often associated with health care,” he explained. The platform is expected to improve the billing process and help patients find the right doctors, as well as providing patients with the best care possible.
The CryptoCurrencyWire segment kicked off with the news that JPMorgan is allowing crypto exchanges Coinbase and Gemini access to its banking services (http://nnw.fm/UEvS4). In April, the nation’s largest banking firm took the plunge and opened accounts for the two exchanges – the first time it has served customers from the crypto sector. However, the bank will not be processing cryptocurrency transactions, only those denominated in U.S. dollars.
In other news, digital asset trading platform FalconX has raised $17 million in new capital from a host of investors that includes Accel, Accomplice VC, Coinbase Ventures, Fenbushi Capital, Flybridge Capital Partners, Lightspeed Venture Partners and Avon Ventures, a venture capital fund affiliated with FMR LLC, the parent company of Fidelity Investments (http://nnw.fm/L2Xf1). The funding will be used to introduce new products and expand FalconX’s trade execution suite and scale infrastructure to support growing institutional demand for cryptocurrency.
Finally, the tax man is coming. The IRS has initiated a plan to hire third-party contractors to help it examine crypto traders’ tax returns (http://nnw.fm/nB1Fg). The agency is looking for tax-software companies to assist its revenue agents in calculating taxpayers’ gains or losses as a result of their transactions involving virtual currencies.
Tune in every week to the Wild West Crypto Show, hosted by Taylor and Bates from their global hideout in Kerrville, Texas. The dynamic duo, known for their straight shooting, will bring you up to speed on what’s happening in the crypto and blockchain worlds by introducing guests with some of the coolest projects.
For the latest episode, which includes CryptoCurrencyWire’s ongoing segment featuring the latest news from around the world, visit http://nnw.fm/pJH3I
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