Jules Urbach, the CEO and founder of OTOY, wants to democratize content creation, specifically as it pertains to virtual assets. OTOY’s technology intends to fulfill the promise of an open cloud-based metaverse via the Render Network — the first decentralized GPU rendering network & 3D marketplace built on OTOY’s OctaneRender NFT ecosystem. While at the …
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The bulls are on the march again and this time they’ve set their sights on a new all-time high for Bitcoin (BTC) price which is within striking distance of the $67,000 level. Data from Cointelegraph Markets Pro and TradingView shows that a late-night surge on Nov. 7 catapulted the price to an intraday high at …
In a bid to onboard its 500 million monthly active users into Web 3.0, the American social media platform Reddit is working on converting users’ karma points into Ethereum-based (ERC-20) tokens. The so-called Web 3.0 applications, also referred to as ‘dapps,’ typically run on blockchains, or decentralized networks, where participants get incentivized for their participation. …
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Connecting the metaverse with the Universe Boson Protocol has a mammoth task ahead, but bringing the fashion creations of some of the best virtual designers offline seems inevitable as the followers grow for labels like DRESSX, MetaFactory, and others. Boson Protocol already uses smart contracts to power commerce. With their new portal, users can buy …
An often-quoted Bitcoin criticism is the lack of privacy due to the BTC blockchain being an open ledger visible to all. But Mercury Wallet looks set to change that with its layer-2 privacy solution. Last month, Mercury Wallet announced the beta release of its privacy-enabled wallet. The technology they’ve developed allows users to securely send …
With Solana becoming increasingly popular amongst crypto enthusiasts, available information has shown that Phantom, Solana’s native crypto wallet, just crossed one million active users leveraging on NFTs popularity and the bull run that saw the asset become one of the top 5 crypto assets by market cap. Solana price rise The “Ethereum killer” is now …
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On November 8, 2021, the cryptocurrency economy’s market capitalization reached the $3 trillion mark after gathering significant value over the course of 12 years. The overall value of the 10,464 crypto-assets in existence is now larger than Microsoft’s market valuation at $2.52 trillion and Apple’s $2.47 trillion market cap. Cryptocurrency Economy Is Now More Valuable …
press release PRESS RELEASE. Popular Bitcoin ATM operator, Bitcoin of America, has announced their newest location in one of Chicago’s hottest nightclubs. Joy District is known for its nightclub/restaurant hybrid. It is located in the heart of River North and has been awarded as one of Chicago’s best and hottest rooftop bars. You can now …
Nike, the American multinational footwear and sports apparel giant, is getting ready to step into the metaverse and the world of non-fungible token (NFT) technology. Reports show Nike has a few employees “thinking about the metaverse” and a 2019 patent for “cryptokicks” indicates Nike has been preparing to use NFTs for quite some time. Nike’s …
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A highly anticipated Polkadot-based project went soaring after crypto exchange Binance announced plans to list the token. Moonriver (MOVR) is a smart contract platform that features complete Ethereum compatibility. The project aims to make it easy to use popular developer tools to build or redeploy projects based on the Solidity programming language. It utilizes the Ethereum …
Quantitative analyst PlanB is predicting when the market cap value of Bitcoin (BTC) could overtake that of more traditional assets such as gold and real estate. In an interview with Blockware Intelligence, the analyst says that BTC could reach a market cap valuation somewhere between gold and real estate by the next halving. A halving …
Payments giant Square says that Bitcoin transactions have contributed nearly $2 billion to the company’s third-quarter revenue. In the company’s latest shareholder letter, Square says that the firm’s total net revenue for Q3 2021 was $3.84 billion. Excluding Bitcoin revenue via its Cash App, the figure falls to $2.03 billion. “Cash App generated $1.82 billion …
A prominent crypto trader and analyst is warning that “altseason” hasn’t yet arrived because Bitcoin (BTC) is preparing to steal the show from the crypto markets. The analyst known as Altcoin Sherpa tells his 141,000 Twitter followers that altcoins won’t perform as well as they could in the near future, largely due to BTC’s bullish …
Randal Quarles has resigned his position from the Board of Governors of the Federal Reserve System, effective by the end of December. In a Friday resignation letter addressed to United States President Joe Biden, Quarles said he planned to leave the Fed “during or around the last week of December of this year” after serving …
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Nonfungible tokens (NFTs) scored another win with gaming giant Zynga’s announcement of the upcoming integration of NFTs and blockchain into the publisher’s portfolio. San Francisco-based game developer Zynga, best known for its FarmVille and CSR Racing series, appointed marketing veteran Matt Wolf as its vice president to oversee the company’s blockchain gaming efforts. With the …
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