Monday, December 23, 2024
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PROOF cancels NFT conference, Bitcoin meme creator cashes in $150K and more

‘Less interest than anticipated’ — PROOF cancels NFT eventKevin Rose, the co-founder of the nonfungible token (NFT) collection Moonbirds has confirmed that their flagship conference “Proof of Conference” scheduled for May has been canceled, citing “less interest than anticipated.”We made a tough decision today, I want to apologize to everyone

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ETH gas price surges as Yuga Labs cashes in $300M selling Otherside NFTs

While the community was witness to the largest NFT mint yet, Ethereum (ETH) gas prices rose to unprecedented levels, in addition to users experiencing failed transactions due to blockchain bottlenecks.Bored Ape Yacht Club creator Yuga Labs launched a sale of Otherdeed non-fungible tokens (NFTs) that represents digital land deeds on

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The Banking Industry Cashes in on the Crypto Craze

In the infancy stages of cryptocurrency development, banks were outwardly hostile towards digital currency. However, the widespread adoption of blockchain-based technology for processing financial transactions quicker, safer, and more efficiently has led to a rethinking of traditional thought processes among notable banking giants. A caveat is in order, however many

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