A market report published by Verified Market Research (VMR) provides a lofty prediction for the future of the nonfungible token (NFT) market, projecting its value to swell to $231 billion by 2030. The global research and consulting firm valued the global NFT market at $11.3 billion in 2021 as part of 202-page deep dive into the burgeoning space. VMR predicted…
Month: July 2022
What is a crypto airdrop and how does it work?
For most crypto investors, there is nothing more important than making a return on their investment. Thanks to the volatility, this can be done quickly or it can be a hugely difficult task. That’s why crypto airdrops are an inexpensive way to make additional returns on your portfolio. After all, airdrop tokens are free and never hurt, right? Almost daily…
Kevin Rose’s PROOF Acquires Ethereum NFT Team Divergence
In brief PROOF, a Web3 startup from tech entrepreneur Kevin Rose, has acquired NFT engineering team Divergence. Rose’s startup launched the popular Moonbirds NFT project in April and is working on a “social universe” app. April’s hot Moonbirds NFT drop elevated PROOF into one of Web3’s buzziest projects, and now the Kevin Rose-led startup is working on further launches, a…
Why is there so much uncertainty in the crypto market right now?
In the fourth episode of Market Talks, we welcome YouTube media creator and crypto educator Crypto Wendy O. Crypto Wendy O is a YouTube media creator and crypto educator. Wendy became interested in cryptocurrency and blockchain technology in November of 2017. She has been into crypto full-time since the summer of 2018 and focuses on providing transparent marketing & media solutions…
Geopoly Launches Alpha Version Of Blockchain-Based Game – Press release Bitcoin News
press release PRESS RELEASE. Geopoly has announced the launch of a blockchain-based alpha version of the game, which will be playable via desktops. This is a game in which players can interact with the blockchain along with their respective Geopoly non-fungible tokens while simultaneously enjoying the gameplay and earning an income at the same time. Moreover, NFT holders who are…
Data transfer network Plaid integrates 4 major crypto exchanges
United States data transfer network Plaid has added four major cryptocurrency exchanges to its platform, giving users the ability to connect their digital asset portfolios to other applications more easily. Crypto platforms Binance.US, Gemini, Robinhood and SoFi are now supported by the Plaid network, the company announced Thursday. Support for additional platforms, such as Blockchain.com and BitGo, is scheduled to…
Blockchain Company Polygon Chosen to Participate in Disney’s 2022 Accelerator Program – Bitcoin News
The blockchain company Polygon has been chosen to join Disney’s Accelerator program, according to a Walt Disney Company blog post published on Wednesday. The company’s 2022 Disney Accelerator initiative is a business development program that aims to “accelerate the growth of innovative companies from around the world.” Disney’s 2022 Accelerator Is Focused on Artificial Intelligence, NFTs, and Augmented Reality Walt…
CoinFLEX resumes withdrawals, limiting users to 10%
Cryptocurrency exchange CoinFLEX is partially reopening user withdrawals, raising cautious optimism that the company was gradually recovering from liquidity constraints that were triggered by a high-profile client default. Beginning at 5 am UTC on Friday, all CoinFLEX users will be able to withdraw up to 10% of their funds, the company said. All existing withdrawal requests will be canceled and…
Not All Algorithmic Stablecoins Will Be Terra: Binance CEO CZ
Despite the billions of dollars lost when the Terra blockchain’s UST stablecoin de-pegged, Binance CEO Changpeng Zhao believes algorithmic stablecoins still have a place in the crypto world. The boss of the world’s biggest crypto exchange told Decrypt on the latest episode of the gm podcast that he was “disappointed” with the way Terra’s collapse was handled. The “speed of…
New York Yankees Pay Employees In Bitcoin – Bitcoin Magazine
The New York Yankees MLB team has partnered with NYDIG to enable its employees to be paid in bitcoin.NYDIG offers a benefits plan which allows employees to choose any portion of their salary to be converted into BTC with no transaction fees. The Yankees will become the first MLB team to pay its employees in bitcoin. The New York Yankees…