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“# Renewed interest in the Metaverse sends Decentraland (MANA) price 75% higher ” The influence of blockchain technology on the ongoing digital revolution cannot be overstated as the rise of the Metaverse and the integration of virtual reality is transforming the way humans interact on a global scale. One project that is beginning to gain…
“# A “unifying Web3 platform” will onboard 1 billion users by 2026, says Harmony COO ” Li Jiang, chief operating officer at Harmony, believes that a bridge connecting all existing blockchains is key to onboard the first 1 billion users on Web 3. “We think that the future is multichain and cross-chain, that you should…
“# Blockchain startups grow as global VC funding generated $25.2B in 2021 ” Last year was impressive for blockchain startups, as research from CB Insights found that venture capital funding reached new heights during every quarter of 2021. According to CB Insights’ “State Of Blockchain 2021” report, $25.2 billion worth of venture capital funding went…
“# Bitcoin SegWit adoption lags among major exchanges: Glassnode ” SegWit has come a long way since its first appearance during the 2015–2017 blocksize war. However, despite its relative success as a Bitcoin upgrade, crypto exchanges including Binance and Gemini are still not committed to using SegWit addresses for sending Bitcoin (BTC). Implemented in 2017,…
“# NFL to offer virtual NFT tickets at Super Bowl in Los Angeles ” The NFL announced officially on Wednesday that each fan who attends Super Bowl LVI in Los Angeles on Feb. 13 will receive a unique customized nonfungible token (NFT). The NFT will feature their unique section, row and seat to commemorate the game…
“# Scam alert! Binance CEO warns users of massive SMS phishing scam ” Binance CEO Changpeng “CZ” Zhao has alerted the crypto community against a “massive” SMS phishing scam targeting Binance customers. Tweeting on Friday, CZ alerted users of a phishing scam campaign directed at Binance users through SMS. There is a massive Phishing scam…
“# New gold-based stablecoin by trading giant Mitsui reportedly on the way ” Japanese trading house Mitsui is reportedly planning to issue a cryptocurrency pegged to gold, local news agency Nikkei Asia reported Friday. Called ZipangCoin (ZPG), Mitsui’s new digital currency will reportedly be issued as early as February and will be available to retail…
“# Gamestop partners with Immutable X for NFT marketplace, announces $100M grant for creators ” On Thursday, iconic brick-and-mortar video game retailer GameStop announced a partnership with layer-2 nonfungible tokens, or NFTs, Ethereum (ETH) scaling solution Immutable X to develop GameStop’s upcoming NFT marketplace. GameStop will utilize Immutable’s technology for trading and minting NFTs. We’re…
“# Automakers are minting NFTs, but is there a strong use case? ” Just before the turn of the 19th century, Carl Benz announced what is now widely considered as the world’s first commercial automobile. At the time, it would have been impossible to predict how this one product could spur the development of a…
“# Bitcoin education center launches in El Salvador to boost adoption ” Major peer-to-peer (P2P) Bitcoin (BTC) platform Paxful is working to help Salvadorans better use BTC as the cryptocurrency became legal tender in El Salvador last year. Paxful on Wednesday announced the launch of “La Casa Del Bitcoin,” a new educational and training center…