We’re thrilled to announce that we have added ten new NFT collections to Kraken NFT for our current beta testers to explore, collect and trade. After revealing dozens of NFT collections over the past few weeks, we carefully selected these new collections so you can continue to build the NFT collection of your dreams with zero gas fees.* We will…
Month: January 2023
Crypto Twitter Reacts to Official ‘Game of Thrones’ NFTs: ‘Worst Thing I’ve Ever Seen’
The “Game of Thrones” official NFT collection, dubbed “Build Your Realm,” has completely sold out just seven hours after its release yesterday on Nifty’s NFT marketplace. The high demand for these collectibles might have been easy to predict due to the popularity of the show (and its new spinoff series “House of the Dragon”). But many are now comparing the…
FTX has recovered over $5B in cash and liquid crypto: Report
According to an attorney familiar with the matter, troubled cryptocurrency exchange FTX has “recovered $5 billion in cash and liquid cryptocurrencies.” However, the exchange is still “working to rebuild transaction history,” and the total amount of customer shortfall is “still unclear.” Cointelegraph previously reported that FTX has $8.8 billion in total liabilities. At the time, sources said the exchange had…
Multi-party computation could offer increased protection for crypto wallets
Multi-party computation (MPC) is a type of cryptographic protocol that allows multiple parties to jointly compute a function over their inputs without revealing those inputs to each other. MPC can be useful when parties want to compute some function together but want to keep their inputs private from others. For example, a group of banks may want to determine the…
Solana price rally risks exhaustion after SOL’s 120% pump in two weeks
Solana (SOL) price is up an impressive 60% since the new year, partially boosted by hype surrounding meme cryptocurrency Bonk (BONK). However, the SOL/USD pair now shows signs of exhaustion, raising anticipations that the token may see a short-term correction in the coming days. Solana turns overbought Solana is one of the best performing cryptocurrencies so far in 2023 after…
Abu Dhabi-based Venom Foundation launches $1B fund for Web3 and blockchain
Abu Dhabi-based blockchain platform Venom Foundation and investment manager Iceberg Capital announced they will allocate $1 billion of funding to Web3 and blockchain firms through a new partnership. The Venom Ventures Fund is set to invest in protocols and Web3 decentralized applications (DApps) focused on payments, asset management, decentralized finance (DeFi) and GameFi products and services. The fund is a…
Gold Fever Is Evolving Blockchain Gaming Beyond Play-To-Earn
Amid all the breathless talk about how blockchain-powered play-to-earn gaming will enable people to make a living, all too often one vital point is overlooked: blockchain games should be good gaming experiences first and foremost. That’s something that multiplayer survival strategy game Gold Fever isn’t taking for granted. With lush graphics and immersive gameplay, it plunges players into a fictional…
Music NFTs are helping independent creators monetize and build a fanbase
The music industry is notoriously centralized, with major record labels often controlling nearly every facet of an artist’s career — from which songs they are allowed to release to what percentage of the royalties they keep and more. While the rise of streaming platforms like SoundCloud and Spotify has helped democratize the industry and made it significantly easier to get…
BTC Hits Fresh 3-Week High, Ahead of Thursday’s US Inflation Report – Market Updates Bitcoin News
Bitcoin raced to a fresh multi-week high on Wednesday, as markets turned their attention to tomorrow’s U.S. inflation rate report. Thursday’s report is expected to show that consumer prices have fallen to 6.5%, down from 7.1% the month prior. Ethereum also rose marginally higher in the day. Bitcoin Bitcoin (BTC) rallied above a key resistance level on Wednesday, ahead of…
Dutch exchange Bitvavo rejects DCG’s proposal to repay 70% of debt
Cryptocurrency exchange Bitvavo, a major creditor of the troubled crypto company Digital Currency Group (DCG), has dismissed DCG’s proposal of partial debt repayment. Bitvavo officially announced on Jan. 11 that the firm received a counter proposal from DCG offering to repay about 70% of the outstanding amount in a term acceptable to Bitvavo. The remaining balance amount is still under…