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Ordinal Inscriptions Take the NFT World by Storm: Over 50,000 Added to the Bitcoin Blockchain in 2023
11.2.2023
As of Friday, Feb. 10, 2023, the Bitcoin blockchain had seen the addition of more than 50,000 Ordinal inscriptions as the trend has continued to increase daily. People are inscribing text, images, videos, audio, and software applications onto the blockchain, with some inscriptions fetching high...
Bitcoin miners as energy buyers, explained
11.2.2023
Bitcoin miners as energy buyers utilize renewable energy sources and excess electricity offered by utility companies to fuel their mining operations
NFT Sales Rise 18.43% This Week, Led by Ethereum’s $233.85 Million in NFT Settlements
11.2.2023
Non-fungible token (NFT) sales rose 18.43% this week, totaling $272.68 million. However, the number of NFT buyers declined by 60.31% to approximately 195,716. Ethereum NFT sales continue to lead the market, accounting for $233.85 million of the total sales, a 25.42% increase from the previous week....
2023 is a make-or-break year for blockchain gaming: Play-to-own
11.2.2023
While the thesis is compelling for crypto gaming, the way forward is unclear. Interoperability is one thorny issue and playability is still yet to catch up to traditional games
Microsoft Pulls the Plug on Industrial Metaverse Team – Here's What Happened
11.2.2023
Microsoft has discontinued its Industrial Metaverse Core team, a four-month-old project aimed to encourage the use of the metaverse in industrial environments.
According to a Thursday report by The Information, the tech giant has also laid off employees working on the project, which amounts...
Kenyan AI and Blockchain Startup Receives Investment From Swiss VC Firm
11.2.2023
Fastagger Inc, an artificial intelligence and blockchain startup from Kenya, recently revealed that it had received an investment from the Swizterland-based blockchain investor CVVC. Mutembei Kariuki, said the investment will be used to fund the further develop Fastagger’s “cutting-edge...
JPMorgan Estimates Ethereum Shanghai Upgrade Might Bring More Investors to Stake in the Protocol
11.2.2023
JPMorgan, one of the biggest financial institutions in the world, estimates that the arrival of the next Ethereum upgrade, codenamed Shanghai, will bring more investors to stake their funds in the protocol. The firm believes that this number might reach 60% of the ether issued, a number already...
Shopify launches suite of blockchain commerce tools for merchants
11.2.2023
Shopify NFT merchants can now use the tokegating tools to dictate which token holders can and cannot gain access to exclusive products, NFT drops and benefits
Ground Handling Firm to Use a Blockchain Document Solution at 28 Saudi Airports
11.2.2023
The Kingdom of Saudi Arabia-based airport ground handling services firm, Saudi Ground Services, has said it plans to implement a blockchain-based document solution that allows it “to issue over 10,000 digital documents annually including licenses.” According to the firm’s Ayman...
Co-founders of StoryCo discuss how blockchain technology can evolve the way IP is franchised
10.2.2023
NFT Steez chats with StoryCo co-founders J.P. and Justin Alanis about how NFTs can expand co-creation and evolve storytelling in Web3
While NEO Price Explodes, These 3 Altcoins May 10x This Year
10.2.2023
NEO, the cryptocurrency that powers the smart-contract-enabled Neo blockchain, hs been surging in 2023, and the rally isn’t showing any signs of stopping just yet. NEO/USD was last changing hands slightly to the north of $9.0 per token, up around 47% year-to-date, though the cryptocurrency has...
Worldwide Webb founder explains the role interoperability will play in Web3 ecosystems
10.2.2023
NFT Steez chats with Worldwide Webb founder Thomas Webb to discuss the future impact of interoperability in Web3 and the Metaverse
Today in Crypto: PayPal Held $604M in Crypto on Dec. 31, Microsoft Fired its Metaverse Team, Binance Incorporated zk-SNARKs into its Proof-of-Reserves Verification
10.2.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: PayPal Held $604M in Crypto on Dec. 31, Microsoft Fired its Metaverse Team, Binance Incorporated zk-SNARKs...
What is a coinbase transaction?
10.2.2023
A coinbase transaction is the first transaction created in each new block, and it has key features that differentiate it from other transactions
New York Regulator Launches Investigation into Stablecoin Issuer Paxos – Binance BUSD in Trouble?
10.2.2023
Stablecoin giant Paxos confirmed to be under investigation by New York financial authorities.
The New York Department of Financial Services (NYDFS) has acknowledged an ongoing probe.
Known for running Binance USD (BUSD), Paxos is an industry leader in stablecoin technology. Offerings also include...
Russian Government Says It Won’t Rush into Crypto-powered Trade with Iran
10.2.2023
The Russian government has said it is exploring the notion of using crypto in trade deals with Iran – but will not be hurried into action.
Per RIA Novosti, Moscow wants to put a “clear regulatory framework” into place before allowing Russian firms to do business with Tehran in crypto....
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Founders of Failed Three Arrows Capital Launch Trading Platform for Bankruptcy Claims – Here's What You Need to Know
10.2.2023
Su Zhu and Kyle Davies, the two founders of now-bankrupt crypto hedge fund Three Arrows Capital, has launched a new platform for trading in crypto-related bankruptcy claims.
Writing on Twitter on Thursday, former Three Arrows Capital (3AC) CEO Su Zhu announced that the new trading platform, named...
China Targets Blockchain Breakthroughs With Beijing Research Center: Report
10.2.2023
The center will focus on blockchain use related to the economy and individuals' livelihoods in an attempt to make the technology central to the country's digital infrastructure
The next phase of Hyperlane: Permissionless interoperability
10.2.2023
Hyperlane makes Permissionless Interoperability a reality by launching the next phase of its vision. The aim is to drive the adoption of different chains, create more liquidity, and eliminate the gatekeeping that clouds interoperability from the first day. Hyperlane highlights that the update...
China to launch national blockchain research center
10.2.2023
The goal of the new state-supported institution is to speed up the country’s industry through blockchain technology