We caught up with Bryan Hernandez, the founder of Structure, an upcoming decentralized exchange that offers tokenized stocks that are tradeable 24/7. The platform’s goal is to provide ways for the currently unbanked parts of the world to get access to stocks such as Tesla, Google, and Apple, which are presently out of reach. To …
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Vaneck, a global asset management firm with $85.5 billion in assets, is releasing 1,000 non-fungible tokens (NFTs) this week. “We’ve designed the Vaneck Community NFT to function like a digital membership card,” said Vaneck. NFTs by Asset Management Firm Vaneck, a global asset management firm with approximately $85.5 billion in assets, announced Monday the launch …
Reggie Fils-Aimé, the former president of Nintendo of America, has offered his take on blockchain and play to earn models when applied to the gaming industry. The executive declared that he was a big believer in blockchain technology, and that players investing their time in games should be able to monetize whatever items they had …
According to a recently published study by Merchant Machine, mobile wallets are predicted to have 4.4 billion users by 2024. Merchant Machine’s findings show the global pandemic propelled the popularity of digital wallets and researchers expect the numbers to grow from 44.50% of the population in 2020 to 51.70% by 2024. Half the World’s Population …
press release PRESS RELEASE. Singapore, May 3, 2022 – NFTs have disrupted the gaming industry with their unique benefits. It has been gaining popularity as many have welcomed the advent of play-to-earn (P2E) for considerable rewards, with also disquiet over the unwelcome intrusion of commerce into the escapist world of gaming. Web3 games are supposed …
Continue reading “GameFi Project ArchLoot Provides NFT User Builder for Creative Playability”
One Ethereum-based altcoin is putting up huge rallies over the last seven days in defiance of the broader crypto market downturn. ENS, the governance token of ETH domain marketplace Ethereum Name Service, has surged from a seven-day low of 14.24 to a seven-day high of $26.50, marking an 86% eruption in just one week. Ethereum …
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Two committees of the Hawaii State Legislature — Commerce and Consumer Protection (CPN) and Ways and Means (WAM) — unanimously approved the launch of a specialized task force to explore the use and regulation of the crypto ecosystem. In a letter addressed to the President of the Hawaii Senate, Ron Kouchi, legislative members Donovan Dela …
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Argentina’s largest and second-largest private banks, Banco Galicia and Brubank, have announced that they will allow customers to make crypto purchases. Bloomberg reported on May 2 that a resounding 60% of respondents to an Argentinian poll asked for more access to crypto, which catalyzed the banks’ decisions to begin allowing crypto trading. Affiliate at market …
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Blockchain network Algorand (ALGO) has partnered with FIFA inking a sponsorship and technical partner deal as the network becomes the soccer association’s first official blockchain platform. The deal announced on Monday, May 2 will also see Algorand become a regional supporter in North America and Europe for the 2022 FIFA World Cup to be held …
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Florida-based ratings and research firm Weiss Ratings has fired out a warning over the risks of crypto mortgages amid the current economic climate in the United States. The company paid particular focus to Milo, a digital banking startup from Miami that offers 30-year mortgages backed by Bitcoin (BTC), Ethereum (ETH), or stablecoins as collateral. The …
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Crypto exchange Crypto.com announced severe reductions to CRO staking rewards for most tiers of its VISA prepaid card which has forced the token price to fall around 30% in less than a week. Its May 1 blog post explains that card rewards will be reduced by an average of 69.5%, and 100% on its lowest …
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The Bitcoin Mining Council has released a report that confirms that 58.4% of Bitcoin mining comes from a “sustainable electricity mix.” Elon Musk famously said that Tesla would start accepting Bitcoin when “there’s confirmation of reasonable (~50%) clean energy usage by miners with positive future trend, Tesla will resume allowing Bitcoin transactions.” Bitcoin Mining Council …
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The Solana blockchain went offline for seven hours on Saturday evening following a bot attack that flooded the network. Bots sent millions of transactions per second via the ‘Candy Machine’ NFT minting protocol. The resulting congestion knocked out consensus and crashed nodes, as validators failed to cope with traffic volume. “Solana Mainnet Beta lost consensus …
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The United States Securities and Exchange Commission (SEC) is unwilling to produce documents that show its former finance director, William Hinman, stated that Bitcoin and Ethereum were not securities, according to a tweet from James Filan, a lawyer representing Ripple. SEC files motion to protect Hinman’s speech In a 2018 speech, William Hinman said that …
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Syndicate DAO co-founder Will Papper said on May 1 that inefficiencies in the Yuga Labs Otherside land sale caused $100 million to be needlessly wasted on gas fees. In a Twitter thread, Papper explained how the smart contract used to mint the BAYC metaverse land was missing key optimizations. The smart contract follows the ERC721 …
