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Founded in 2017, Orbs offers public blockchain infrastructure that provides scalability, low transaction fees, fast performance, security and ease of use. The platform is meant for mass-use applications that could run into high fees and slow throughput, and can serve as the back-end for a full blockchain technology stack. The
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Polygon has launched the ability to create Web3 “.polygon” domain names in partnership with Unstoppable Domains. The offering will allow users to log in to Web3 applications, make use of human-readable wallet addresses and create decentralized websites.The service will be available to an estimated 180 million users and 40,000 services
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With the new domain, Unstoppable users can expand their Polygon-based Web3 identity. Owners of .polygon domains can use them to send crypto and non-fungible tokens (NFTs), build Polygon-based websites and access over 750 decentralized applications, games and metaverses. Source
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The Commodity Futures Trading Commission (CFTC) has signaled receptiveness to the crypto and blockchain sector after including several executives from the space as part of its new Technology Advisory Committee (TAC). CFTC commissioner and TAC sponsor Christy Goldsmith Romero announced the updated membership via a public statement on March 13,
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Yuga Labs, the creators of the blue-chip non-fungible token (NFT) collection Bored Ape Yacht Club (BAYC), announced that the team has completed its Ordinal Inscription auction with a total of 3,246 bidders. The Twelvefold collection of inscriptions generated 735.7 bitcoin, worth more than $16 million. The highest bid was 7.1159
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Yuga's embrace of Ordinals is just a catalyst for embers that were already burning. Last year, for instance, Trust Machines, a startup looking to build the bitcoin ecosystem, raised $150 million last year to build bitcoin products. Counterparty, Liquid, Stacks, RSK, Lightning and others have been around for years building
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Solano, however, said Yuga’s decision to use the Bitcoin blockchain is the company’s effort to be more transparent. By being explicit, the company could then “set the best precedent … given the constraints of running a trustless auction on Bitcoin that simply isn’t possible at this stage.” Source
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In one of its first products since its formation, Forkast Labs has launched three specific indexes as it seeks to double down on its influential role in the crypto world. As reported by The Block, the three indexes include the Forkast 500 NFT, Forkast SOL NFT Composite, and Forkast ETH NFT
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Yuga Labs has confirmed that the top 288 bidders will receive their inscriptions within the week. Yuga Labs has just concluded the auction of its first-ever Bitcoin-based non-fungible token (NFT) collection – TwelveFold. The auction, which lasted for 24 hours, saw 288 successful bidders claiming as many pieces from the collection.
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The auction for Yuga Labs’ inaugural Bitcoin Ordinal nonfungible token (NFT) collection has ended, netting the firm $16.5 million in just 24 hours. A total of 288 bidders won one of the Bitcoin NFTs from the “TwelveFold” collection. Yuga said the winners will receive their inscription within one week, while the
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