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“# Nightlife comes to the metaverse as Decentral Games opens Atari Casino ” Virtual land governance DAO Decentral Games is continuing to expand into the metaverse nightlife space with the launch of an Atari-branded casino. The casino will be the third such gambling establishment for the DAO, which purchases land in virtual worlds like Decentraland…
“# MocktailSwap’s ‘Semi-fungible token’ project launches on Binance Smart Chain ” MocktailSwap Finance, an up-and-coming DeFi protocol focused on automated market makers, has launched a so-called “semi-fungible token” on the Binance Smart Chain, offering further evidence of innovation in decentralized finance. The semi-fungible token is based on Ethereum’s ERC-1155 standard, which enables a smart contract…
“# Deutsche Boerse and Commerzbank invest in new digital asset venture ” German securities marketplace Deutsche Boerse and major bank Commerzbank have jointly invested in a new holding company that plans to focus on blockchain technology and digital assets. Deutsche Boerse announced Thursday that the company and Commerzbank entered a strategic partnership with fintech firm…
“# Alchemy raises $80M to power the NFT boom as the ‘AWS of blockchain’ ” Blockchain developer Alchemy has announced that it has raised $80 million in a Series B round to further develop platforms that power non-fungible token marketplaces. The funding round, announced on Wednesday, April 28, was led by technology-focused investment manager Coatue,…
“# Nifty News: Ellen’s NFT auction flops, Oscars controversy, Kayne’s $1.8M sneakers, and more ” The much-hyped NFT sale by popular talk show host Ellen Degeneres has fallen flat, with the comedian selling just five out of ten available Gold editions of her “Woman With Stick Cat” NFT for $2,500 on the Bitski platform. Sixty-four…
“# Ethereum price all-time high follows reduced gas costs and DeFi revival ” Mainstream adoption of cryptocurrency continues to reach new highs in 2021 thanks to the growth of popular sectors like decentralized finance (DeFi) and nonfungible tokens (NFT). The explosive growth seen over the past year would not have been possible without the Ethereum…
“# Binance crypto exchange to launch its own NFT platform ” Binance, the world’s largest cryptocurrency exchange, is entering the nonfungible token industry by introducing its own NFT platform and marketplace. The company announced Monday the upcoming launch of Binance NFT, a new NFT platform that is expected to start operating in June 2021. Based…
“# Ibiza without Ibiza: Virtual Amnesia dancefloor launches on Decentraland ” The coronavirus pandemic has boosted the virtual entertainment industry and provided an opening for blockchain-based ventures to tie leisure to the expanding market for nonfungible tokens, or NFTs. On April 26, community-owned metaverse casino Decentral Games and veteran Ibiza club Amnesia announced their…
“# Polygon (MATIC) jumps ahead as the race for Layer-2 adoption picks up ” Recently layer 1 solutions like the Solana (SOL) and Cosmos (ATOM) have grown in prominence thanks to each network’s faster transaction times and lower fees when compared to the Ethereum network. An even greater focus has fallen on layer 2 solutions that…
“# NFTs and US taxes: What you should know ” Seems like we now all have stories starting with, “What I did during the pandemic…” Most begin with cleaning out the closet and, hey, guess what? That’s where my story starts, but I bet you can’t guess where it ends! Let’s start with what I…