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OpenSea Studio: OpenSea’s no-code minting and storytelling hub
4.10.2023
OpenSea will soon introduce its OpenSea Studio, an all-inclusive space for builders to deliver and control their projects on the biggest NFT marketplace globally. OpenSea has always endeavored to make it convenient for all Web3 developers to carry out their creations without worrying about...
Terra Classic Community Votes to Stop USTC Minting as Revival Efforts Continue
25.9.2023
TerraUSD Classic, the stablecoin at the center of Terra’s implosion, will no longer be minted
Terra Classic Votes to Halt USTC Minting; Community Eyes Future Re-Peg
24.9.2023
Following a decisive vote by the Terra Classic community, an initiative to halt the creation of the previously termed stablecoin, terra usd (commonly referred to as UST or USTC), has been approved. Despite 40.56% opposition, 59.42% of the vote gave the nod for the software update. Minting Freeze...
Terra Classic community elects to cease USTC minting
24.9.2023
The community strongly supports discontinuing TerraClassicUSD (USTC) minting and reminting, actively engaging in USTC burning to restore its peg against the US dollar
Avalanche Developer, Known for Minting Millionaires and Duds, Is Back With ‘WAGMI’ Tokens
20.9.2023
Sestagalli’s previous Avalanche projects created a cult-like following in the 2021 bull run under the “frog nation” moniker
As Ordinal Transaction Dominance Soars, NFT Advocates Question Bitcoin’s Reported Downturn
21.8.2023
Metrics reveal a significant day for the Bitcoin blockchain as 411,511 Ordinal inscriptions were minted Sunday, clinching the title of the second most prolific day for inscriptions ever. Additionally, over the past seven days, Ordinal inscriptions represented a hefty 53.9% of all transaction...
Tether to Withdraw Support for USDT on Omni, Kusama, and Bitcoin Cash’s SLP
18.8.2023
Tether has announced a strategic transition that will see the company withdraw support for USDT issued on Omni, Kusama, and Bitcoin Cash’s Simple Ledger Protocol (SLP). The company stated that one of the factors that affected this decision was the level of community interest in these...
A Comprehensive Look at the New Paypal Stablecoin, Its Control Dynamics, and ‘Freeze’ Option Trending on Social Media
8.8.2023
At the time of writing, the official Paypal stablecoin PYUSD smart contract has been unveiled, and as it stands, the maximum aggregate supply amounts to 26,905,005.66 PYUSD. In spite of the existence of more than 26 million Paypal stablecoins, the contract continues to retain a substantial 92.91%...
More Money For Creators: NFT Minting Platform Zora Initiates New Revenue Split
3.8.2023
As the debate about creator royalty rages on, Zora has pledged to pay creators a portion of platform fees collected on every new free mint
Palm Foundation to Scale Its Native Network to Support NFT Minting and Trading
27.7.2023
In partnership with Consensys and Polygon Labs, the Palm Network will evolve to facilitate more efficient NFT minting and trading for its 1.7 million registered wallet addresses
‘Bitcoin Ordinals Are One of Many Ways to Represent Real-World Assets’ — Wakweli Co-Founder
29.6.2023
While non-fungible tokens (NFTs) are generally believed to represent the link between an owner and an asset, without platforms acting as “digital notaries” there can be no effective way of stopping scammers from minting and selling plagiarized works, Shaban Shaame, the co-founder...
Binance Will Expand Zero-Fee Trading on TrueUSD after Minting $1B of TUSD
21.6.2023
Binance crypto wallets hold some 90% of TUSD’s $3.1 billion market cap, according to blockchain data by Arkham Intelligence
DAI Emerges as Third-Largest Stablecoin, Overtaking BUSD in Market Capitalization
17.6.2023
Makerdao’s DAI stablecoin is now the third-largest stablecoin by market capitalization, surpassing Binance USD (BUSD), which has officially declined to $4.304 billion. DAI’s market valuation on Friday, June 16, 2023, is approximately $4.394 billion, but the number of circulating...
TrueUSD Loses Dollar Peg Following Minting Suspension with Prime Trust
11.6.2023
TrueUSD, a major fiat-collateralized stablecoin, has lost its peg following the announcement that it has suspended minting activities through its technology partner Prime Trust.
In early Saturday hours, TUSD started distancing away from its intended $1 peg, dropping to as low as $0.993090 before...
TrueUSD stops minting via Prime Trust, loses dollar peg
10.6.2023
The recent depeg comes as TrueUSD team announced a pause on TUSD minting through Prime Trust until further notice
Bitcoin Transaction Backlog Shrinks, but Over 289,000 Still Await Confirmation
20.5.2023
Although Bitcoin’s network transaction fees have decreased and a portion of the unconfirmed transfer backlog has diminished, the protocol still grapples with over 289,000 transactions awaiting confirmation. As of this writing, more than 218 blocks must be processed to fully alleviate this...
Litecoin Network Surges With Activity as Ordinal Inscriptions Drive Transaction Volume
18.5.2023
Based on recent data, the Litecoin (LTC) network has seen a considerable surge in activity due to an increase in Ordinal inscription minting happening on its blockchain. The cryptocurrency’s value has risen by more than 13% in the past week, although it has dipped more than 4% within...
Lightning Labs Releases 'Better' Version of Token Minting on Bitcoin After BRC-20s Clog System
16.5.2023
The project formerly known as "Taro" has been rebranded "Taproot Assets" after Lightning Labs was hit with a trademark infringement lawsuit. The new offering comes with a "core set of features to bitcoinize the dollar," according to the firm
Biden Aides Explore Minting $1 Trillion Platinum Coin as Solution to Impending Debt Default
4.5.2023
As the United States stares down the barrel of a potential debt default come June, a curious and intriguing solution has emerged: crafting a single $1 trillion platinum coin. This unusual tactic exploits a legal loophole that allows the Treasury Department to mint platinum coins of any value....
Bitcoin Blockchain Surpasses 2 Million Ordinal Inscriptions Milestone in Just Over 4 Months
28.4.2023
As of April 28, 2023, the number of Ordinal inscriptions on the Bitcoin blockchain has exceeded 2 million, according to current statistics. This milestone has been reached within just over four months since the first Ordinal inscription was minted on December 16, 2022, at block height 767,753....