The PIXEL token for the blockchain farming game Pixels will debut on Monday via Binance following the latest play-to-airdrop campaign that helped drive surging adoption for both the game and the network it runs on, Ethereum sidechain Ronin. It’s the culmination of a long journey for Pixels that started in 2021, and founder Luke Barwikowski told Decrypt’s GG this week…
Month: February 2024
April 2024 Bitcoin Halving Sparks Worldwide Curiosity, Data Reveals
A recent study focusing on the search term “bitcoin” through Google Trends data revealed that curiosity remained subdued even as the price soared above the $50K mark. Yet, anticipation for the forthcoming reward halving has hit a 90-day peak. Slated for April 2024, this significant occasion will slash the pace at which new bitcoins are […] Source: https://news.bitcoin.com/april-2024-bitcoin-halving-sparks-worldwide-curiosity-data-reveals/
NFT Lender Arcade Reveals Airdrop for Ethereum, Solana, and Bitcoin Collectors
Arcade, the Ethereum-based DeFi protocol for NFT lending, will launch the next airdrop of its native ARCD token next week, the company has announced. On February 21, bundles of 750 ARCD tokens will be airdropped to 4,000 lucky holders of select NFT and Bitcoin Ordinals collections frequently used as loan collateral on Arcade. Some 2,000 wallets holding Ethereum-based NFTs Pudgy…
Yuga Labs’ Acquisition of Proof Fuels Moonbirds NFT Sales Uptick
Friday saw Yuga Labs, known for creating the Bored Ape Yacht Club (BAYC) non-fungible token (NFT) series, unveiled its acquisition of Proof, a notable NFT startup behind the Moonbirds collection. Kevin Rose, founder of Proof, will assume an advisory role within Yuga, and the startup’s team plans to integrate into the Yuga framework. Moonbirds NFT […] Source: https://news.bitcoin.com/yuga-labs-acquisition-of-proof-fuels-moonbirds-nft-sales-uptick/
This Week in Coins: Bitcoin Closes Week Strong, Simmering Above $51K
Illustration by Mitchell Preffer for Decrypt. Bitcoin is still trading comfortably above the $50,000 mark, which it soared past at the start of the week. The biggest digital coin by market cap is now priced at $51,959, having risen by more than 10% over seven days. The asset started off strong when it hit $50K on Monday for the first…
Telefonica Partners Chainlink to Mitigate SIM Swap Attacks in Web3
Telefonica, one of the world’s largest telecom companies, has partnered with Chainlink, a decentralized oracle provider, to improve security in Web3 environments. Through the use of Chainlink functions and Telefonica’s SIM Swap API implementation, Polygon apps would be able to check if the SIM of a mobile phone has changed in a given period. Telefonica […] Source: https://news.bitcoin.com/telefonica-partners-chainlink-to-mitigate-sim-swap-attacks-in-web3/
Aptos Foundation and Blockchain Phone Maker Jambo Partner to Bolster Global Web3 Access
The Aptos Foundation has revealed its collaboration with Jambo, a creator of blockchain-enabled smartphones, to bolster emerging markets through Web3 innovation. The pair state that their alliance seeks to improve Web3 access and knowledge in areas that would benefit greatly, by utilizing the layer one (L1) blockchain technology of Aptos in tandem with Jambo’s dedication […] Source: https://news.bitcoin.com/aptos-foundation-and-blockchain-phone-maker-jambo-partner-to-bolster-global-web3-access/
I Am Hip Hop TV Recognizes Top Web3 Marketing Agency as Unrivaled Media Distribution Expert
PRESS RELEASE. February 16, 2024 – I Am Hip Hop TV, a pioneering startup dedicated to revolutionizing digital media distribution, announces its strategic approach to enhancing brand visibility and driving engagement across major social media platforms. With a focus aon inciting meaningful user interaction that translates into increased awareness and sales conversions, the company has […] Source: https://news.bitcoin.com/i-am-hip-hop-tv-recognizes-top-web3-marketing-agency-as-unrivaled-media-distribution-expert/
US EIA Starts Requiring Energy Consumption Data From Cryptocurrency Miners
The U.S. Energy Information Administration (EIA), a statistics agency of the U.S. Energy Department, has sent letters to cryptocurrency miners requiring data related to energy consumption and configuration of their mining sites. According to one of the letters posted on social media, miners have until February 23 to report the info regarding the activities carried […] Source: https://news.bitcoin.com/us-eia-starts-requiring-energy-consumption-data-from-cryptocurrency-miners/
Citi Completes Private Market Tokenization Test Using Avalanche
Citi, in alliance with Wellington Management, Wisdomtree, and ABN AMRO, completed a proof of concept for the tokenization of a private fund on top of the Avalanche blockchain. The test used Spruce, an Avalanche subnet, to tokenize the fund and transact the tokenized assets, which were programmed to “automate operations, settle faster, and enable new […] Source: https://news.bitcoin.com/citi-completes-private-market-tokenization-test-using-avalanche/