Cryptocurrency Analysis and News Portal
A federal judge, Victor Marrero, ruled on Wednesday that the NBA Top Shot non-fungible tokens (NFTs) issued by Dapper Labs may meet the requirements to be considered an unregistered security. The case arose in 2021 when an NBA Top Shot collector sued Dapper Labs, claiming that the NBA Top Shot
Read More
Dapper Labs’ NBA-branded “Top Shot” non-fungible tokens are securities, a federal judge ruled Wednesday.This is a developing story and will be updated. Source
Read More
The January launch of Bitcoin Ordinals created a stir within the crypto community about its place within the Bitcoin ecosystem. Users are debating whether they offer new use cases for Bitcoin or if it takes away from BTC’s peer-to-peer cash system vision.No matter the community sentiment on the Bitcoin-based nonfungibale token
Read More
Artifacts recovered from the wreckage of the Titanic will be tokenized using blockchain technology through a partnership driven by the company that acts as steward of the sunken vessel.A three-way partnership involving the company RMS Titanic (RMST), Hong Kong-based Venture Smart Financial Holdings and Web3 firm Artifact Labs will begin
Read More
Ordinals NFTs Can Make Stacks’ STX a Multi-Billion Dollar Token: Matrixport Original Source
Read More
Cardano is a proof-of-stake (PoS) platform launched in September 2017 by Ethereum co-founder Charles Hoskinson. In September 2021, Cardano added support for smart contracts, which paved the way for developing decentralized finance (DeFi) and nonfungible token (NFT) applications. NFTs landed on Cardano’s blockchain in 2022, with Cardano’s native cryptocurrency ADA
Read More
A copy of the whitepaper of Litecoin’s mimblewimble upgrade was put on the Litecoin blockchain. Source
Read More
Real Vision CEO and co-founder Raoul Pal believes nonfungible tokens (NFTs) will act similar to “high-end property” in the traditional economy, outperforming Ether (ETH) during crypto market boom cycles. In an hour-long YouTube video published on Feb. 20, the former JPMorgan executive offered a run-down of what he felt most
Read More
Nonfungible tokens (NFTs) offer a new way to sell and distribute digital art, and they have the potential to unlock new revenue streams for artists in the digital age. Here are five ways to monetize your digital art with NFTs.Fractionalized ownershipThis involves splitting the ownership of an artwork into smaller
Read More
The challenge has been that as more Ordinals are being inscribed, the cost of bitcoin transactions has risen. That’s because Ordinals introduce additional, non-financial data on the Bitcoin blockchain that bog down on-chain confirmation times. This includes images, audio clips, even games. Source
Read More