This article originally appeared in Bitcoin Magazine’s “Moon Issue.” To get a copy, visit our store. Bitcoin’s potential reach among the world population is unlimited in terms of memetic knowledge dissemination. In part due to its increasing adoption, Bitcoin is widely considered a technology that has or will alter the course of humanity. But in terms of physical reach, where…
sponsored NFTICALLY, a Web3 E-Commerce SaaS platform that powers over 9,000 NFT Marketplaces & Storefronts globally, announces the world’s first e-commerce Metaverse ecosystem – COMEARTH. COMEARTH will allow brands to own virtual land and open storefronts, experience centers, or any virtual real estate imaginable and beyond to serve consumers in the Metaverse. Backed by a plethora of marquee investors, including…
Blockchain oracle platform Chainlink (LINK) launched two of its services, Chainlink Keepers and Chainlink Verifiable Random Function (VRF) and integrated them into the Avalanche Primary Network, a special subnet within the Avalanche (AVAX) platform. In the announcement sent to Cointelegraph on Thursday, the Chainlink team highlighted that the integration with Avalanche is done to support developers within the platform. Chainlink…
Mattel is getting into NFTs. The toymaker will partner up with Web3 company OnChain Studios to develop an NFT platform called Cryptoys for the Flow blockchain. NFTs are blockchain-based tokens that show ownership over digital or physical assets. “We see incredible opportunity in the metaverse for our cherished brands and iconic IP,” Mattel President and COO Richard Dickson said in…
Kraken is excited to announce our automated request-for-quote (AutoRFQ) tool, enabling over-the-counter (OTC) clients to instantly trade large orders ($100K+) for a variety of cryptocurrencies. AutoRFQ empowers institutions and high-net-worth individuals to independently request and accept automated block trade quotes via the Kraken OTC desk. Execution and settlement are discreet and secure while offering competitive pricing. The Kraken OTC desk…
Despite the crypto market trading lower today, Tezos and LINK both rose to one-month highs on Thursday. XTZ was up by 8.5% during today’s session, whilst LINK rose by nearly 9% in the day. Overall, the global crypto market cap is down 0.55% as of writing. Chainlink (LINK) LINK continued its recent run on Thursday, as prices rose by almost…
The market for nonfungible tokens, or NFTs, has slowed from its peak, but that doesn’t mean the industry is dead — far from it, actually. NFT sales volumes came in at a healthy $3.7 billion in May, according to DappRadar’s latest Industry Report, which was released on Wednesday. While volumes were down 20% compared with April, industry activity remains robust…
The grand vision for Decentralized Autonomous Organisations (DAOs) is of industrious, utopian communities owned and managed by their members, with each individual having a voice in how assets are allocated and how things are run. But the sad truth is that DAOs often start out centralized; in many cases, key decisions have already been made by the DAO’s core team…
GEM Mining released production updates for the month of may showing a 25% decrease in revenue.The company increased its total bitcoin miners and hash rate, however the increased difficulty of mining and lower average BTC inevitably made the difference. Year-to-date, GEM Mining has produced 1,160 BTC valued near $34.8 million. GEM Mining, a privately owned, South Carolina-based bitcoin mining company,…
Terra (LUNA2) reversed a portion of the losses this June 9 as its price per token rose by as much as 67.5% on the day, catching many traders off-guard with their perpetual swap positions. LUNA2 traders are shorting it In detail, LUNA2’s price soared from $2 to as high as $3.58. The volatile intraday move coincided with the liquidation of…
