OpenSea, the digital marketplace for crypto collectibles and nonfungible tokens (NFTs), announced in a series of tweets on Oct. 5 that the platform will officially allow its users to bulk list and bulk purchase up to 30 digital collectible items in a single flow. We’re officially live with bulk listing and buying! You can now list and buy up to…
In brief Brian Trunzo, Polygon Studios’ metaverse lead, spoke with Decrypt at Chainlink SmartCon 2022. He discussed future use cases for NFTs and Web3 technology, including how they’ll gain acceptance from gamers. In the early years of the NFT space thus far, it’s been profile pictures and artwork that have yielded top-dollar sales and consistently dominated headlines. But as the…
This is an opinion editorial by Chris Smith, the events ticketing manager for BTC Inc. Disclaimer: BTC Inc. is the parent company of Bitcoin Magazine and the Bitcoin Conference. A lot has happened in the past three months since Bitcoin Amsterdam was announced. An orange wave has taken over the city as Bitcoiners from around the world descend upon the…
Hundreds of non-fungible tokens (NFTs) collected by Starry Night Capital have been transferred to a new wallet. The NFT fund of the insolvent crypto hedge fund Three Arrows Capital (3AC) bought the tokens in 2021. 3AC filed for bankruptcy earlier this year, after taking a hit from the collapse of the Terra ecosystem and the ensuing crypto winter. Now its…
Republican members of the House Financial Services Committee have requested the Department of Justice provide its assessment and legislative proposals around a digital dollar within ten days. In an Oct. 5 letter addressed to U.S. Attorney General Merrick Garland, 11 Republican lawmakers asked the Justice Department for a copy of its “assessment of whether legislative changes would be necessary to…
Web3 powerhouse Yuga Labs has announced it has created a community council composed of seven Bored Ape Yacht Club (BAYC) NFT holders who are active in its community. In a blog post published Wednesday, Yuga said the council members will focus on gathering and curating community feedback and spearheading philanthropic efforts. Yuga also wants to keep the council “autonomous,” meaning…
Teneo, the liquidation firm in charge of the Three Arrows Capital (3AC) bankruptcy process, confirmed in a statement to Cointelegraph on Oct. 5 that it has custody of the NFTs moved from the addresses related to Starry Night Capital, a fund launched by the co-founders of the now-bankrupt hedge fund. According to the firm, the collection move was part of…
Curtis Loftis, the treasurer for the U.S. state of South Carolina, spent five days in El Salvador as part of an “exploratory trip” on cryptocurrencies. According to an Oct. 5 announcement, Loftis was part of a delegation including South Carolina business leaders, rural health officials, and individuals “interested in the expansion of cryptocurrency and blockchain technologies” who met with officials…
According to statistics on October 5, the total computational power backing the Bitcoin network tapped a fresh all-time high reaching 321.15 exahash per second (EH/s). Just after the record high, the network’s total hashrate was coasting along above the 300 EH/s on Wednesday afternoon (ET) at around 303.87 (EH/s). Bitcoin’s Hashrate Reaches a Lifetime High in Terms of Hashes per…
Russia has blocked access to OKX—the world’s third-largest crypto exchange by volume—at the request of the Prosecutor General’s Office on Tuesday. A search for the exchange’s domain under records from Roskomnadzor, Russia’s internet censorship agency, shows the site was blocked under article 15.3 of Russia’s law on Information, Information Technologies and Information Protection. The article protects against the spread of…
