After the rap star Snoop Dogg acquired Death Row Records in February, the hip-hop legend explained that he would transform Death Row into a non-fungible token (NFT) label backed by blockchain technology. On Thursday, Snoop’s brand partnership manager Nick Adler joined a newly-created Gala Music advisory board, alongside the record label executive DJ EFN, Grammy-nominated musician BT, and Tupac Shakur’s…
A bull flag pattern resembles a flag on a pole and appears when a cryptocurrency is experiencing a significant price rise. Source: https://cointelegraph.com/news/what-is-a-bull-flag-chart-pattern-and-how-to-spot-it
press release PRESS RELEASE. The blockchain game, built by GAMEDIA and published by Web3 industry leader Gala Games, is currently operating its final round of playtests before making preparations for the full October 31st launch. Spider Tanks is one of the first games powered by Web3 (blockchain) tech from Gala Games, with official release scheduled for Halloween 2022. The game…
Decrypting DeFi is Decrypt’s DeFi email newsletter. (art: Grant Kempster) DeFi is teeming with interesting governance experiments, from Lido Finance’s DAO brokering a $14.5 million deal with venture firm Dragonfly to Maker’s DAO racing to push its decentralized stablecoin DAI back on top of Terra’s UST before Terra collapsed. But not all of these experiments have been successful. One DAO…
Mt Gox creditors have been issued new information concerning their claims and it seems they now have until January 10, 2023 (Japan time) to register for a repayment method. The latest notice says that any creditors that wish to receive payment, must finish the “selection and registration” section on the system platform by the deadline. Furthermore, the crypto exchange Bitstamp…
Leon Li Lin, the Chinese founder of Seychelles-based crypto exchange Huobi Global, is selling his controlling stake to a Hong Kong investment firm called About Capital, according to a blog post today on Huobi’s website. According to the post, an agreement has been reached between both parties that will leave “no impact on Huobi’s core operation and business management teams.” …
In brief Generative art makes use of machine learning and blockchain-native randomness to produce striking, unpredictable art. At the height of the NFT boom over a billion dollars’ worth of generative art was sold. Non-fungible tokens (NFTs) took the world by storm in 2020, generating billions of dollars in profit for artists and collectors alike. Much of the work sold,…
Oxford University opened its doors to NFTs last week with its inaugural OxBAT (Oxford Blockchain, Art & Technology) Conference. Billed as “the first multi-disciplinary conference on the aesthetic, social, and anthropological perspectives on blockchain art,” it represented a very different take on crypto and NFTs than the celebratory blockchain business and developer confabs Decrypt usually attends. “HODL” t-shirts and rousing…
Xrp, the token formerly known as ripple, rose close to a five-month high on Saturday, despite the current red wave sweeping through markets. The token was trading marginally above a ceiling of $0.525, as bulls attempted to recapture recent highs. Cosmos was also higher, nearing a breakout of a key resistance point. XRP surged towards a five-month high to start…
This week in coins. Illustration by Mitchell Preffer for Decrypt. Considering the carnage in U.S. stocks on Friday, perhaps crypto investors should feel lucky to escape the week with Bitcoin and Ethereum basically flat. It was the second consecutive week of flat crypto prices. Bitcoin rose just 1.2% over the past seven days, while Ethereum inched up 0.3%, according to…
