NFTs have been on the surge for a year and are proven to be more than just digital art. Increasingly, they are being utilized for gaming and metaverse projects. However, 2021 also witnessed some unique NFT use cases as well. For example, a recent study ranking most searched NFTs placed a sports-related NFT as the …
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Kraken has announced it will donate an amount equivalent to total trading fees generated from Russia-based clients during the first half of 2022 to Ukraine. The donation is part of an “aid package” worth more than $10 million that is being prepared by the exchange to support Ukraine in its efforts against Russia’s invasion. The …
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NFT and blockchain gaming giant Dapper Labs announced that it has been listed in Fast Company’s Most Innovative Companies and number one in Most Innovative Gaming Companies. 🏆Excited to share we’ve been named in @FastCompany’s Most Innovative Companies and also #1 in Most Innovative Gaming Companies#FCMostInnovative 🙌https://t.co/UmMKjqMNJx — Dapper Labs (@dapperlabs) March 8, 2022 Considering …
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The Inter Blockchain Communication Protocol (IBC) logged 11.2 million transfers in February, reaching an all-time high activity. The Interchain Foundation, a Swiss non-profit working on funding the Cosmos ecosystem, told CryptoSlate that this spike in activity was due to the fact that 38 projects have activated IBC to date. IBC brings Cosmos closer to a …
The fractional investing company Public announced the acquisition of the digital collectibles and non-fungible token (NFT) technology startup Otis. Public’s co-CEO believes the acquisition will give Public the ability to provide people with the only place in the world “where people can invest in — and build a modern portfolio with — any fractional asset.” …
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press release PRESS RELEASE. Hoo Smart Chain will open registration globally for the Cosmic Origin Project a grant and rewards program for decentralized application developers. The Cosmic Origin Project will provide incentives in forms such as, TVL Basic Rewards, Cross-chain Capital Hub Rewards, Game-fi/NFT Volume Bonus, and HOO Staking Bonuses in accordance to various project …
On March 8, the team behind the Bored Ape Yacht Club (BAYC) donated $1 million in ethereum to the Ukraine government’s ether wallet. The BAYC team donated the funds in order to match BAYC community members that raised nearly $1 million in donations to Ukraine as well. BAYC Matches Community Donations, Sends $1 Million in …
LUNA hit a new all-time high, as markets reacted to news that U.S. president Joe Biden had signed an executive order on cryptocurrencies. Biden wants his government to examine the “risks and benefits” of crypto, news of which sent the likes of NEAR and ANC almost 20% higher. Terra (LUNA) Following a bear run that …
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The once-popular and now discontinued file-sharing platform Limewire is returning after shutting down in 2010. However, rather than provide access to copyrighted music files and movies, the new Limewire aims to launch a marketplace dedicated to non-fungible token (NFT) technology. Limewire Plans to Return With an NFT Marketplace Platform Limewire plans to return from the …
Crypto exchange giant Coinbase just added three new small-cap altcoins to its retail trading platform. According to Coinbase, the three digital assets will be designated as “experimental,” meaning they may have higher volatility and lower trading volume when compared to other assets in Coinbase’s lineup. The leading US-based exchange says that business-focused open-source hybrid blockchain …
Cryptography researchers from Stanford University are developing a new privacy-focused layer-1 blockchain. According to a new press release, the Espresso Systems project aims to build a blockchain combining “proof-of-stake consensus and a [Zero-Knowledge]-Rollup mechanism to achieve high throughput and low fees.” Espresso Systems has already raised $32 million in funding led by Greylock Partners and …
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A veteran trader who burst on the crypto scene after accurately calling Bitcoin’s 2018 collapse is updating his outlook on the top cryptocurrency. Peter Brandt believes BTC appears to be forming an opportune pattern after its sharp bounce from $38,000 to above the $42,000 range. The investor tells his 626,000 Twitter followers that the top …
Real Vision chief executive Raoul Pal thinks the current geopolitical tension stemming from Russia’s invasion of Ukraine will ultimately demonstrate the value of crypto to the world. In a new Real Vision video, the former Goldman Sachs executive says that the war and corresponding international political policies all play into what crypto means for people across …
The European Commission has clarified that crypto assets will fall under additional sanctions targeted against Russia and Belarus in response to the military conflict in Ukraine. In a Wednesday statement, the European Commission said member states had agreed to amend regulations with the goal of ensuring “even more effectively that Russian sanctions cannot be circumvented, …
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Stocks and cryptocurrencies saw a notable bounce on March 9 even though war, rising inflation and historically high oil prices have investors uncertain about the future. Bitcoin (BTC) price surged to $42,600 in the early trading hours and several altcoins followed suit with double-digit gains. Top 7 coins with the highest 24-hour price change. Source: …
