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LOVESNOOPY Burns 85% of Tokens While Crypto Experts Amass New Eco-Friendly Cryptocurrency In Anticipation of Exchange Listing
24.5.2023
Image by Fareed Mindalano / Playground AI
LOVESNOOPY recently announced a massive 85% reduction in its total token supply through a strategic token burn.
This dramatic move could increase the value of its remaining tokens over time, representing an ambitious maneuver in the volatile...
Bitcoin Stamps Approach 50,000 Recorded on Blockchain Alongside Introduction of SRC20 Tokens
23.5.2023
With nearly nine million Ordinal inscriptions, the trend that followed, called Bitcoin Stamps, is nearing a milestone of nearly 50,000 stamps recorded on the Bitcoin blockchain. Additionally, similar to the BRC20 token economy, the Bitcoin Stamps concept has provided users with the ability to mint...
Axie Infinity Origins Breaks Through Apple’s App Store Barrier, Now Accessible to Select iOS Users
17.5.2023
Axie Infinity Origins, the blockchain-based, play-to-earn (P2E) game, has successfully cleared Apple’s rigorous App Store review process and the game’s app is now available for Apple iOS users. Sky Mavis, the creator behind Axie Infinity, has adopted a strategic approach by rolling out...
All-in-One Web3 Trading, DeFi, P2E Gaming & Metaverse Platform Launchpad XYZ Hits Major Presale Milestone – Time to Buy?
16.5.2023
Launchpad XYZ has an ambitious vision for the future of web3. The platform envisions constructing an all-in-one hub where users can navigate opportunities in DeFi trading, NFTs, play-to-earn gaming, and the metaverse—and it looks like it will have the resources to pull it off.
To fund this vision...
Okx Introduces New Ordinals Marketplace Amid Bitcoin Inscription and BRC20 Buzz
16.5.2023
On Tuesday, the crypto firm Okx announced the launch of a new Ordinals marketplace. The platform is accessible via the Okx Wallet and will enable users to mint and trade Ordinal inscriptions and BRC20 tokens. While the Ordinals marketplace is still in its early stages, users can take advantage...
Former Paxful CEO Says He Cannot ‘Vouch for Anything Happening There Now’ — Platform Tells Users It Is Back Online
13.5.2023
The former CEO of Paxful, Ray Youssef, has told users of the peer-to-peer bitcoin marketplace that he is no longer in control and therefore cannot vouch for “anything that is happening there now.” Youssef also told a user who claimed to have been scammed on the platform that he too...
Paradigm-Backed NFT Ownership Platform Tessera is Shutting Down
12.5.2023
Co-founder Andy Chorlian tweeted that the decision was made after "carefully analyzing possible market scenarios, our company structure and our financial situation."
Bitcoin ordinals hit Binance NFT Marketplace in latest update
9.5.2023
The Binance NFT marketplace announced that users will soon be able to trade and purchase Bitcoin NFTs on its platform using already-existing wallets
Flare integrates blockchain API on Google Cloud Marketplace
3.5.2023
Google Cloud Marketplace adds support for nine different blockchain APIs, including Bitcoin and Ethereum, through integration with layer-1 oracle network Flare
Blur NFT lending protocol gets mixed reactions from the community
2.5.2023
Jesse Hynes, a Web3 lawyer, tagged the SEC and stated that this is the type of activity that they must safeguard investors from
Report: Kenya to Start Levying Tax on Revenue Earned by Crypto Exchanges
29.4.2023
According to regulations published by the country’s treasury secretary, global crypto exchanges used by Kenya’s estimated 4 million users will start paying a 1.5% tax on revenues earned. Tax-Avoiding Digital Asset Platforms The Kenyan Treasury has said it will start levying taxes...
Is It Too Late to Buy Ethereum? This New Project May Be a Better Investment
26.4.2023
Ethereum—the second-largest cryptocurrency by market capitalization—has recently weathered a three-day breakdown from April 19 to 21, leaving market watchers on edge.
During this period of uncertainty, Ethereum's trajectory appeared to stall, moving sideways while cautiously maintaining...
Romania plugs into Web3 with national NFT marketplace
24.4.2023
Romania’s Informatics Institute is set to launch an institutional NFT trading platform, using Web3 to create a link between the public and private sectors
Report: US Revenue Collector IRS to Send Four Crypto Crime Investigation Agents Abroad
24.4.2023
The Internal Revenue Service (IRS) is planning to send investigators to four countries where they are expected to tackle the use of crypto and decentralized finance products in global financial and tax crimes. According to the tax collector’s spokesperson, the IRS will be able to determine...
Toy Manufacturer Mattel to Launch P2P Marketplace for Virtual Collectibles on NFT Platform
22.4.2023
On April 20, the American toy manufacturing company Mattel announced an update to its virtual collectibles platform, which will go live on April 27. The peer-to-peer platform, called Mattel Creations Virtual Collectibles, will coincide with the Hot Wheels NFT Garage Series 5, featuring some of...
Innovate some compliance mechanisms, US Treasury official tells DeFi community
21.4.2023
Assistant Treasury Secretary Elizabeth Rosenberg said the Treasury was enhancing its regulatory regime and DeFi should program in some compliance
Silk Road Hacker Sentenced to a Year in Prison for Wire Fraud
16.4.2023
On April 14, 2023, the Department of Justice (DOJ) for the Southern District of New York revealed that the hacker responsible for the Silk Road marketplace breach had been sentenced to a year in prison for wire fraud charges. James Zhong stole more than 50,000 bitcoin from the darknet marketplace...
Web3 economy to gain more traction in Africa through DeFi-based financial inclusion
13.4.2023
DeFi-based financial inclusion serves to increase liquidity and earning opportunities for African micro-entrepreneurs through Fonbnk’s partnership with Tanda
NFT Marketplace Looksrare Launches Version 2, Cutting Protocol Fees by 75% and Introducing Bulk Purchases
9.4.2023
Looksrare, the non-fungible token (NFT) marketplace, has launched version two, also known as v2, which reduces protocol fees by 75%. According to statistics from Dune Analytics, Looksrare was the tenth-largest NFT marketplace in terms of trader count during the past week. NFT Market Protocol...
NFT marketplace LooksRare launches V2, reducing fees from 2% to 0.5%
7.4.2023
The previous version of the nonfungible token marketplace will be sunsetted by April 13, 2023