Decentralized finance (DeFi) dominated media headlines throughout 2021 and the sector, along with nonfungible tokens (NFTs), helped to initiate the mass adoption of cryptocurrencies. While high yields on staking and instant profits from flipping jpegs have proven to be very lucrative for investors, it’s important to remember that none of it would have been possible without the underlying capabilities of…
In brief Exodus adds Magic Eden’s NFT marketplace to its growing list of app integrations. Magic Eden is the second-largest Solana NFT marketplace. Cryptocurrency wallet Exodus has partnered with Magic Eden to integrate an NFT marketplace into its mobile app using the Solana blockchain. Anticipating that users want a simple way to interact and access their NFTs, Exodus says with…
A Paraguayan bill seeking to regulate the trading and mining of Bitcoin and cryptocurrencies in the country passed the Senate on Thursday. Senator Fernando Silva Facetti, a co-author of the bill, said on Twitter that the legislation now heads to Paraguay’s Chamber of Deputies, where it will be debated in 2022. The bill does not make bitcoin a legal tender…
Tymebank, a South Africa-based digital bank, recently completed its Series B funding round with $70 million invested in the firm by Tencent and U.K. development financier, CDC Group. Funds to Support Tyme’s Expansion Into New Markets Tymebank, a digital bank from South Africa, recently raised an additional $70 million from its latest funding round, led by Tencent and the U.K.-based…
Catch up on nonfungible token (NFT)-related news this week from restaurants to movies and music. Below is a roundup of stories you don’t want to miss. Melania Trump’s eyes become an NFT Former first lady Melania Trump launched her own NFT platform and dropped her first digital collectible titled “Melania’s Vision,” which will be on sale through the rest of…
In many ways, the story of 2021 has been Solana. The “Ethereum killer” boasted faster speeds and lower transaction costs than its established rival, pushing SOL’s price to astronomical highs. But back on earth, another Ethereum challenger, Avalanche, is enjoying a big second half of the year. Its native AVAX coin, priced between $10 and $11 less than six month…
“The computer can be used as a tool to liberate and protect people, rather than to control them.” – Hal Finney The internet was fundamentally designed to connect machines, not people. Over the eons of time, the intersection between the marketplace and human engagement has been where humans love to play and explore the possible. From early hominids bartering around the…
By Clay Kohut, Senior Software Engineer TLDR: Over the past year, Coinbase has invested in tooling to eliminate static content across our web frontend. This is the story of how we did it and why it’s important. Coinbase Learn(ed) The Coinbase educational portal, Coinbase Learn, launched in late 2020. Learn contains hundreds of beginner guides, practical tutorials, and market updates and…
The team behind Polygon, the protocol dedicated to interconnected blockchain networks like Ethereum, and Alexis Ohanian’s Seven Seven Six venture capital company have revealed a $200 million investment fund in blockchain-based social media projects. According to the announcement, the partner’s mission is to attempt to bridge blockchain, Web3 technology, and social media together. Polygon and Alexis Ohanian’s Seven Seven Six…
Following the announcement that Facebook’s parent company would be rebranding in a shift towards the metaverse, many projects have started similar initiatives entering the virtual space, from buying property to testing the limits of what this universe has to offer. Digital cities: Santa Monica and Seoul The Downtown Santa Monica District west of Los Angeles was one of the first…
