The sandbox-style video game Minecraft, released back in 2011, is getting a Web3 update thanks to a few developers unaffiliated with Microsoft. NFT Worlds is a project built on third-party Minecraft servers with a Polygon-based overlay. Polygon is an Ethereum sidechain which offers lower gas fees (i.e., transaction fees) for users. NFT Worlds’ blockchain layer on Minecraft will allow players…
Developments in Canada have drawn quite the audience as of late. A convoy of truckers that began as a small display of disagreement and resistance has evolved into a global movement of resolve and principle, reaching in influence as far as Israel, whose residents kicked off their own convoy of freedom. A movement that has been rooted in a peaceful…
Stablecoins used to be a sort of taboo subject in the crypto community after it became common practice to criticize Tether’s reserve backing. Are you really a seasoned crypto investor if you haven’t gone down the USDT rabbit hole? Some of those concerns were finally quelled in May 2021 when Tether passed an assurance test by disclosing its reserves for…
In brief Huxley, an Ethereum NFT comic book series by artist Ben Mauro, will be turned into a feature film. Marvel film producer Ari Arad will co-produce the film via his Arad Productions studio. The NFT-to-movie pipeline is spinning up, and another notable NFT project is set to make the leap from the blockchain to the big screen. Marvel film…
In brief Buyers of Lana Rhoades’ CryptoSis NFTs got upset when the assets declined in value, after she touted them as an “investment.” Rhoades responded in a series of angry tweets before her Twitter account went dark. Adult film star Lana Rhoades has a massive following on social media, but her Twitter account was suddenly deleted Thursday—ostensibly by her—after she…
The parliament of the European Union is delaying a vote on a framework aimed at regulating cryptocurrencies amid concerns over proof-of-work mining. In a Friday Twitter thread, European Parliament economics committee member Stefan Berger said the government body had canceled a vote on the Markets in Crypto Assets, or MiCA, framework scheduled to take place on Feb. 28. Berger said…
Bitcoin (BTC) price traded down 23% in the 8 days following its failure to break the $45,000 resistance on Feb. 16. The $34,300 bottom on Feb. 24 happened right after the Russian-Ukraine conflict escalated, triggering a sharp sell-off in risk assets. While Bitcoin reached its lowest level in 30 days, Asian stocks were also adjusting to the worsening conditions, a…
In brief Huxley, an Ethereum NFT comic book series by artist Ben Mauro, will be turned into a feature film. Veteran Marvel film producer Avi Arad will co-produce the film via his Arad Productions studio. The NFT-to-movie pipeline is spinning up, and another notable NFT project is set to make the leap from the blockchain to the big screen. Marvel…
Following a lackluster week that saw non-fungible token (NFT) sales slip by 29.35% last week, the last seven days of NFT sales have dropped further losing more than 7%. Out of 12 different NFT-supporting blockchains, Solana was the only gainer, in terms of NFT sales during the past week. NFT Sales Slip Lower Following Last Week’s Lackluster Market Action While…
Russia’s military intervention in Ukraine has elicited a strong reaction from the cryptocurrency community. The news of the invasion initially sent Bitcoin (BTC) and other cryptocurrencies tumbling. The U.S. government has since responded to Russia’s invasion with stringent economic sanctions that have helped crypto prices rebound from their initial price collapse. Amid all the doom and gloom, there are a…
