Cryptocurrency Analysis and News Portal
In this week’s newsletter, read about how eBay’s nonfungible token (NFT) platform launched a new creator smart contract. Learn how OpenSea plans to win back its users from its competitor, Blur, and check out why Yuga Labs was accused of intellectual property (IP) theft over the wolf skull logo. In
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Major nonfungible token (NFT) marketplace OpenSea announced a massive structuring around lower platform fees and greater creator earnings as competing marketplaces continue to drain away its once dominant user base.On Feb. 18, NFT marketplace Blur surpassed OpenSea in daily Ethereum (ETH) trading volume as users — anticipating greater returns on
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Despite Minecraft creator Mojang Studios being against the integration of nonfungible tokens (NFT), a Metaverse-focused firm managed to introduce NFTs into several games including its own Minecraft server.In an interview with Cryptox, Oscar Franklin Tan, the Chief Financial Officer of blockchain gaming firm Enjin, and MyMetaverse CEO Simon Kertonegoro shared
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The blockchain network Ethereum has officially activated the Bellatrix upgrade, the final change before The Merge, the highly anticipated transition from proof-of-work (PoW) to proof-of-stake (PoS). Bellatrix was successfully codified into the codebase at epoch 144,896 on the Beacon chain and Ethereum co-founder Vitalik Buterin detailed it was important for
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The eastern Chinese province of Zhejiang said it is introducing punitive electricity prices for crypto miners, following in the footsteps of the Hainan province and Inner Mongolia region even as authorities work to eliminate the industry, which was banned last year. Original Source
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Saudi Arabia’s King Faisal Specialist Hospital and Research Centre recently became one of the country’s early adopters of blockchain technology after it implemented a “digital credentialing solution.” Saudi Arabia’s Blockchain Goal The Saudi Arabian medical institution, King Faisal Specialist Hospital and Research Centre, (KFSHRC) recently completed a deployment of blockchain tech when
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On August 31, the Atlanta-based cryptocurrency payments services provider Bitpay announced that the Bitpay wallet has integrated the decentralized exchange (dex) aggregator 1inch Network. Bitpay wallet users can utilize 1inch protocol to swap ether or the myriad of ERC20 tokens. The Bitpay Wallet Supports 1inch Decentralized finance (defi) has grown exponentially according
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Decentralized finance, or DeFi, protocol, Compound, has implemented its first two community-driven governance proposals in the past week.The proposals come ahead of the launch of Compound’s Governance token (COMP) — which will be used to facilitate community-driven protocol upgrades and development.Compound implements community upgradesThe first proposal asked the community whether
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The tax bureau of Beijing has officially announced that it will start implementing blockchain invoicing within the city on March 2.Beijing hopes blockchain invoicing can bring more transparency to taxpayersBeijing aims to bring blockchain’s unique transparency, traceability and immutability to its future governance with the usage of blockchain invoicing.
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The Monero (XMR) network has been successfully upgraded to RandomX, a new mining algorithm that aims to be ASIC-resistant.On Nov. 30, the Monero community workgroup did a live stream on YouTube in which the upgrade took place at around the 58 minute mark. The new upgrade also introduced proof-of-work
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