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“# NFTs are ‘Stayin’ Alive’ as new minting trends, AI and music-based projects thrive ” In 2020, newly launched NFTs projects experienced costly gas wars that are gas priority auctions where buyers battle to secure their spot on the next block, potentially losing Ether (ETH) to failed transactions. In 2021, digital scarcity and utility drove the…
“# $1B worth of ETH burned in the past 30 days due to record high OpenSea NFT transactions ” According to blockchain data from Nansen Analytics on Tuesday, over $1.096 billion worth of Ethereum (ETH) has been burned in the past month. With the introduction of the EIP-1559 last August, a portion of fees is…
“# Blockchain-based decentralized messengers: A privacy pipedream? ” As people all over the globe have become increasingly aware of their privacy rights and how they are constantly being violated by various prominent social media platforms, the need for tangible, decentralized alternatives has continued to grow rapidly. For perspective, in 2019, Facebook was ordered to pay…
“# Solana Pay launches to expand crypto e-commerce market ” Solana Pay is a peer-to-peer payments infrastructure designed to enable the global market of online merchants and point-of-sale providers the ability to accept and settle payment transactions in a panoply of digital assets. A joint collaboration between Solana Labs, Checkout.com, Circle and Citcon, in addition…
“# Central Bank of Jordan reveals CBDC plans ” The Central Bank of Jordan (CBJ) has revealed that it is researching the issuance of a digital currency. The central bank digital currency (CBDC) would be linked to the Jordanian dinar and have legal standing. Adel Al Sharkas, the governor of CBJ, has reportedly stated that…
“# Meta joins patent alliance, pledges free crypto patents for all ” The Crypto Open Patent Alliance (COPA) has welcomed Meta as a member, with the social media giants vowing to make its core crypto patents accessible to all. Meta, formerly Facebook, has joined the COPA, a group that advocates for public patents on crypto…
“# Another solo Bitcoin miner solves valid block, becoming the 4th in 2022 ” Hopium is back on the menu for solo Bitcoin (BTC) miners. An approximately $240,000 reward, or 6.25 BTC, was generated by yet another solo miner on Tuesday morning. This time, the odds were less than 20%, according to Con Kolivas, a…
“# India to introduce 30% crypto tax, digital rupee CBDC by 2022-23 ” In a speech discussing the budget for 2022, Indian finance minister Nirmala Sitharaman announced the launch of a central bank digital currency (CBDC) by 2022-23 as means to boost the country’s economic growth. Sitharaman highlighted the need for digital inclusion across numerous…
“# Report: Bitcoin mining network accounts for 0.08% of world’s CO2 production ” In a new report published by CoinShares on Monday, the firm estimated that the Bitcoin (BTC) mining network emitted 42 megatons, or Mt, (1Mt = 1 million tons) of carbon dioxide, or CO2, in 2021. In context, the number amounts to less…
“# Whitelist Watch: Invisible Friends, GooniesNFT, KaraFuru and Troverse ” NFT projects have seemed to divert from what once was traditional minting, to now requiring potential buyers to join whitelists to access the pre-sale before the collection goes public. This means investors keen on obtaining a sharper edge aim to get on as many whitelists…