In brief Top NFT marketplace OpenSea has limited the number of NFTs that each creator can mint using its own smart contract. NFT creators have spoken out about the decision, which not only limits new collections that use the contract but also existing ones on the platform. OpenSea has led the NFT industry for the last six months with surging…
Both OpenSea and Metamask have logged cases of IP address leaks associated with transferring NFTs, according to researchers at Convex Labs and OMNIA protocol. Nick Bax, head of research at NFT organization Convex Labs tested out how NFT marketplaces like OpenSea allow vendors or attackers to harvest IP addresses. He created a listing for a Simpsons and South Park crossover…
The price of cosmos (ATOM) continued to decline on Thursday, while sandbox rallied following its partnership with Warner Music Group. Overall, crypto prices were trading 3% lower in today’s session, after yesterday’s FOMC announcement. Biggest gainers The token sandbox (SAND) was one of Thursday’s biggest gainers, climbing by as much as 8 %, as prices rose following news of a…
Bitcoin (BTC) price continues to flash mixed signals, raising uncertainty among investors and negatively impacting asset prices across the market. Data from Cointelegraph Markets Pro and TradingView shows BTC price pinned below $36,000 and even though crypto and equities markets underwent a brief relief rally on Wednesday, comments from the recent FOMC meeting appear to be settling in as investors…
An exchange-traded fund linked to companies involved with the Metaverse launched on the Cboe BZX Exchange — shorting shares of Facebook’s parent company, Meta. The Subversive Metaverse ETF, listed under the ticker PUNK, opened for trading at $25.15 on Thursday. The fund’s holdings include shares of Block — formerly Square — Google’s parent company Alphabet, Microsoft, Sony, GPU manufacturer Nvidia,…
Bitcoin infrastructure company Blockstream said in a statement sent to Bitcoin Magazine that six new members have joined the Liquid Federation, the cohort of financial institutions that underpins the Bitcoin sidechain’s consensus mechanism. Bitmatrix, Digital Markets (DIGTL), GMO Coin, Mempool, Specter, and Zaprite are now part of the 63-member group of functionaries. “The Liquid Network continues to experience steady growth…
The crypto economy has shed enormous value over the last three months and the leading crypto asset bitcoin is down more than 46% since it’s all-time high (ATH) at $69,044 per unit. The same can be said for a great number of digital currencies as the so-called crypto bear market has lasted 78 days so far. 78 Days Into the…
Illia Polosukhin, the co-founder of NEAR protocol, thinks Ethereum development has a focus problem. He says engineers should be fixing crucial issues that will enable Web 3 to scale to billions of users. “We need simplicity of usage. We need easy programmability. We need composability that is natural to the applications. I don’t see the current Ethereum evolutions targeting any…
In brief The Biden Administration’s crypto strategy hinges on stablecoins. The strategy is to use federal agencies to squeeze stablecoin issuers. The ultimate beneficiary is likely to be the big banks. “Just because you’re paranoid doesn’t mean they aren’t after you.” That adage has been attributed to everyone from Henry Kissinger to Kurt Cobain, but these days it would be…
Bitcoin (BTC) bulls are probably quite disappointed with how the start of 2022 has shaped up, especially since the cryptocurrency plunged over 20% in the first 25 days of the year. Even more shocking is the fact that the supposed $32,930 bottom on Jan. 21 was the lowest level BTC price had seen in 6 months, while equity markets as…
