The decentralized finance (defi) lending platform Aave has revealed the launch of a Web3 social media platform called the Lens Protocol. According to the team, Lens is a “Web3, smart contracts-based social graph” that is built using the Polygon blockchain. Defi Project Aave Drops the Lens Protocol, Platform’s Intent Is to ‘Empower Creators to Own …
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Data indicates the non-fungible token (NFT) marketplace Opensea has crossed $20 billion in all-time sales. The leading NFT marketplace has seen more than 1.2 million traders leverage the platform since the market’s inception in 2017. 1.2 Million Opensea Traders and $20 Billion in Sales Volume Metrics show that the NFT marketplace Opensea has surpassed $20 …
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Following price consolidation on Tuesday, bitcoin prices rebounded on hump-day, as markets reacted to the news that Russia will regulate, and not ban, crypto. Bitcoin Bitcoin was marginally higher on Wednesday, as the world’s largest cryptocurrency received a boost from the news surrounding Russia. BTC/USD rose to an intraday high of $44,312.45 during today’s session, …
Investment bank JPMorgan has calculated Bitcoin’s fair value at $38,000. This figure is 12% less than the actual price at the time, indicating overvaluation and suggesting a possible price drop to come. To read the rest of this article, sign in or join CryptoSlate Edge. CryptoSlate Edge helps you understand the cryptoasset market more clearly. …
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press release PRESS RELEASE. Not only are the financial markets experiencing a revolution due to blockchain technology and cryptocurrencies, but NFTs are changing the digital space for artists and consumers and investors. NFTs, already a multi-billion dollar sector, have witnessed an incredible rise of art collectors and investors, from professionals to hobbyists and newbies. Digital …
GIGCO, a brand-new music platform built on Solana, recently announced its public IDO token sale to be hosted through Solana’s first decentralized developer ecosystem–SolRazr launchpad. The platform leverages a new trustworthy booking protocol–empowering artists to take full control and ownership of their music, gigs, merch, tickets and NFTs. Reinventing the music industry By minting songs …
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press release PRESS RELEASE. Not only are the financial markets experiencing a revolution due to blockchain technology and cryptocurrencies, but NFTs are changing the digital space for artists and consumers and investors. NFTs, already a multi-billion dollar sector, have witnessed an incredible rise of art collectors and investors, from professionals to hobbyists and newbies. Digital …
The federal government in Moscow has adopted a concept for regulating the Russian crypto space as early as this month. The new framework is expected to place cryptocurrency flows under state oversight, introduce strict obligations for market participants, and ensure investor protection. Russian Authorities Move to Legalize Crypto Economy The Russian government “has determined the …
Africa-focused startup 3air has announced leaving Cardano to build its internet connectivity platform on the SKALE mainnet. The announcement of moving to the Ethereum based Layer 2 multichain network comes as a slap to Cardano’s scalability, as the market took note of its congestion issues. Shortage of Haskell developers The blockchain-based platform 3air, which aims …
The US Department of Justice announced Tuesday that the law enforcement authorities have captured a married couple linked to the Bitfinex crypto exchange hack incident in 2016. The married couple, Ilya Lichtenstein, 34, and his Wife Heather Morgan 31 were arrested by US law enforcement and are accused of allegedly trying to launder Bitcoin funds …
Arweave is a decentralized cloud storage solution that aims to upend the traditional storage market using blockchain with the option of one-time payments plus added security benefits. If it succeeds, Arweave could become a top chain in the Web 3.0 world. In this article, we’ll explain what Arweave aims to do. To find out more …
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Scams were among the leading causes of cryptocurrency deaths, accounting for over 500 doomed coins so far. This is the finding in the latest report from Traders of Crypto, which analyzed over 2,300 “dead” cryptocurrencies to find out what brought so many projects to their demise. A tour of the crypto graveyard As of January …
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Authorities in Moscow expect to collect more than $13 billion as tax payments from the Russian crypto market, according to a government document quoted by media. The estimate comes as Russian institutions are holding discussions on the future of cryptocurrencies in the country. One Trillion Rubles to Enter State Coffers as Crypto Taxes, Russian Analysts …
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Saudi Arabia’s King Faisal Specialist Hospital and Research Centre recently became one of the country’s early adopters of blockchain technology after it implemented a “digital credentialing solution.” Saudi Arabia’s Blockchain Goal The Saudi Arabian medical institution, King Faisal Specialist Hospital and Research Centre, (KFSHRC) recently completed a deployment of blockchain tech when it implemented “a …
On February 8, the subsidiary of Animoca Brands and the decentralized gaming virtual world project, The Sandbox, announced the company has partnered with the French video game company Ubisoft. According to the announcement, Ubisoft will have its own land in the virtual metaverse, and the world will begin by featuring voxelized versions of Rabbids’ characters. …
