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Bitcoin Reigns Supreme in NFT Market With Record-Breaking $853 Million in December Sales
30.12.2023
In November, Bitcoin clinched the leading position in monthly non-fungible token (NFT) sales, and interestingly, this month Bitcoin continued to retain its top status, amassing a total of $853 million in sales. NFT Sales Surge: Bitcoin Holds Top Spot With Unprecedented December Rise Although...
Avalanche Foundation Dives into Memecoin Market with $100 Million NFT Initiative
29.12.2023
Source: Avalanche The Avalanche Foundation, the nonprofit organization overseeing the development of the Avalanche Network, aims to allocate its $100 million non-fungible token (NFT) incubator fund to purchase memecoins. The move is part of the foundation’s “Culture Catalyst”...
Former US President Donald Trump Selling ETH Worth Millions of Dollars, Analysis Indicates
29.12.2023
An analysis by crypto intelligence firm Arkham indicates that Donald Trump, the 45th President of the United States, is selling millions of dollars in ether acquired from selling his non-fungible token (NFT) collections. The analytics firm also revealed that Trump’s highest crypto balance...
Elon Musk Criticizes NFTs, Gives Nod to Inscriptions: ‘At Least Encode the Jpeg on the Blockchain’
28.12.2023
Elon Musk, the chairman of X, has referred to non-fungible tokens (NFTs) and the defects of their implementation, indirectly making the case for inscriptions. Answering a post on X on the topic of NFTs, Musk suggested saving the jpeg (an image format) of the NFT on the blockchain, like inscriptions...
Starbucks Korea promotes sustainable sipping using Polygon NFT
28.12.2023
Starbucks Korea is making strides in environmental initiatives and customer service. The most recent one follows the brand’s announcement in Korea that patrons who bring their own reusable containers for their orders will be rewarded. Consumers are encouraged to bring their own cups...
Crypto Wallet Linked to Donald Trump Sent $2.4M in Ether to Coinbase
28.12.2023
A wallet flagged as owned by Trump sent ETH to Coinbase in the past three weeks, where it was presumably sold
Donald Trump Sells $2.4 Million Ethereum: Arkham Intelligence
28.12.2023
Source: Pixabay / heblo (Edited by Hongji Feng) Former U.S. President Donald Trump has sold a substantial amount of Ethereum, amounting to $2.4 million, according to Arkham Intelligence. In a recent post, the blockchain intelligence firm Arkham Intelligence shared a screenshot of a crypto wallet’s...
Elon Musk Weighs in on NFT Technology — Here’s What He Thinks
28.12.2023
Image Source: YouTube/Fox News Elon Musk has again shared his opinion about the current structure of non-fungible tokens (NFTs), noting that embedding JPEG images into a blockchain can establish exclusive ownership for enthusiasts. On December 27, Musk responded to a comment on his platform,...
Worldcoin Launches Minecraft Integration for ID Verification Purposes
27.12.2023
Worldcoin, the biometric ID and digital wallet project, will now allow Minecraft server integration through one of its apps. A plugin called Luckperms, a Minecraft server mod, lets server admins tackle the bot problem by only giving access to the server to World ID-verified users. Minecraft...
Yuga Labs metaverse projects dominate 2023 digital land NFT sales
26.12.2023
The year 2023 ends this week, and a list is out to demonstrate how strong Yuga Labs was with its projects in terms of digital land NFT sales. Reports say that almost 80–70% of the projects on the list belong to Yga Labs. Projects in talks are Otherdeed for Otherside and Otherdeed Expanded....
zkSync Era Resolves Network Glitch Triggered by Automated Safety Check
26.12.2023
Source: zkSync The zkSync development team recently addressed and resolved a network glitch in the zkSync Era platform with “no funds at risk,” according to a post by zkSync Development. The network glitch in the zkSync Era platform occurred on Dec. 25 at 05:50 UTC, as reported by the development...
Sotheby’s Reports Close to $35 Million in Digital Art Sales for 2023, Declares It ‘One of the Most Exciting Years’
25.12.2023
Source: A screenshot, Instagram/ Sothebys Sotheby’s, the renowned auction house with a rich history spanning 279 years, has made a significant impact on the digital art market in the current year. Fine arts auction house Sotheby’s reported making “close to $35 million”...
Epic Games Store Changes Policies to Allow Blockchain Games in Its Platform Again
25.12.2023
The Epic Games Store, the digital distribution storefront owned by Epic Games, has made changes that will allow some blockchain games to be listed on its platform again. Epic Games has announced that it will now admit games rated as “Adults Only” due to having non-fungible tokens (NFT)...
NFT Sales Dip — Bitcoin Dominance and Solana’s Rise Challenge Ethereum’s NFT Authority
24.12.2023
In the last week, sales of non-fungible tokens (NFTs) have fallen by 12.26%, totaling $463.87 million, marking a decrease from the previous week. NFTs centered around Bitcoin topped the chart, amassing $265.61 million in sales, despite a 13.71% decline from the preceding week. Meanwhile, Solana...
Bitcoin Solidifies Lead Over Ethereum in 2023 — Dominates in Market Cap, NFT Sales, and Fee Generation
23.12.2023
In the past year, the leading cryptocurrency, bitcoin, has eclipsed ethereum in multiple key areas. From the beginning of the year to date, the value of ether has diminished by 27.65% relative to bitcoin’s price, falling from 0.073 ether to its current level of 0.052 ether. Bitcoin Reigns...
Bitcoin Network Fees Reach $40 in Surge; Polkadot & Borroe Finance Eye Massive Growth
23.12.2023
Bitcoin network activity increase has triggered a significant spike in transaction fees, soaring to as high as $40.00. In the face of market fluctuations, Polkadot is dominated by new proposals. Meanwhile, Borroe Finance ($ROE), one of the new DeFi projects, introduces an AI and NFT-powered funding...
Bitcoin NFTs Skyrocket With $425M in Sales This Week; Key Collections Cement Strong Floor Values
21.12.2023
In the last week, markets for non-fungible tokens (NFTs) minted on top of Bitcoin have generated approximately $425.63 million in sales. The leading ten NFT collections over the seven-day period all originate from the Bitcoin blockchain. Several collections of Ordinal inscriptions based on Bitcoin...
Tackling NFT Theft With the Three Address Protocol
21.12.2023
The Three Address Protocol offers a structured strategy to safeguard non-fungible tokens (NFTs), dividing activities across three specialized addresses to combat digital asset theft. TAP: Candidate For The New Standard in NFT Security The NFT community has long been plagued by NFT thefts, with...
Cardano to Train Petrobras Staff on Blockchain, Participants to Earn NFT Rewards
20.12.2023
Source: Freepik The Cardano Foundation has partnered with Petrobras, Brazil’s state-owned oil company, to offer blockchain education through workshops for its 40,000+ workforce. Just in: The Cardano Foundation partners with Petrobras, Brazil's largest corporation, to provide blockchain...
The Biggest Gaming Disappointments Of 2023
20.12.2023
Good job folks, that’s another year down. This year, like so many recent years, was a mess as we continued to deal with the ongoing effects of the pandemic while governments and businesses around the world pretended everything is better now. And now, I can’t even complain about it on Twitter...