Browsing: NFT

Ava Labs has been crucial in giving its developers the first look at Firewood, a project the company has been working on for a very long time. It involves creating a sophisticated database in Rust that was designed from the ground up to hold Merkleized blockchain states. Researchers concur that one of the major challenges to advancing the usage of blockchain technology globally is effective governmental control. Firewood solves the problem by reducing the overhead of augmenting, storing, and deleting the Merkleized state using a specifically designed storage stack. Firewood makes use of the Trie architecture of the data in…

Starknet, an Ethereum extension solution, has made substantial advancements in the modularization of contracts by adding new features to its programming language, Starknet Cairo v2.3.0. The addition of new features, storage options, and event management improves the functionality of smart contracts. The dynamic approach to attaining extensibility provided by components enables third-party modules to enhance contract capabilities. Cairo, the programming language underlying STARK-provable universal computation programs, powers Starknet and StarkEx, enabling the scalability of applications on the Ethereum Mainnet. It has been essential in enabling programs like dYdX, Sorare, Immutable X, and others. Cairo has had exceptional growth, with an…

After officials of the Writers Guild of America (WGA) ratified a tentative agreement with Hollywood entertainment studios that contains clauses on the use of artificial intelligence (AI) in the business, the WGA strike has officially come to an end. On May 2, 2023, the strike started, and it lasted for about five months. The use and application of AI was one of the WGA’s main discussion areas. The official tentative agreement with the WGA stipulates that AI cannot create or edit literary works, and that AI-generated content will not be regarded as source material. This indicates that it is prohibited…

NFTs (non-fungible tokens) might still be around since certain well-liked collections are branching out into the real world to attract more customers. One of the most well-known and expensive NFT collections, Pudgy Penguins, is introducing its Pudgy Toys line in 2,000 Walmart locations across the country. Since May, the toys have been marketed online. In Pudgy World, an online virtual world based on the zkSync Era blockchain, each toy comes with a special birth certificate that users can use to claim special characteristics for their digital “Forever Pudgy” persona by scanning a QR code. Pudgy Toys plush toys and collectibles…

Ben Armstrong has been detained by police. The arrest happened during his YouTube webcast. known also as BitBoy Crypto. According to reports, Armstrong was preparing to expand his battle to reclaim his Lamborghini. The main problem was confronting Carlos Diaz. Ben said that if Carlos chooses to emerge from his home and try to kill him, it will be what it will be, according to individuals who witnessed the livestream before it was erased. Ben Armstrong had already announced to his fans on X, formerly Twitter, that he would broadcast live from a specific place on YouTube. The news was…

A cooperation between Board Ape Yacht Club (BAYC) and the well-known streetwear company BAPE (A Bathing Ape) has been revealed. By releasing a special tangible line, our cooperation seeks to reimagine the limits of the metaverse and streetwear fashion. BAYC is making its first foray into the physical world with a limited-edition line that will make its premiere at the ApeFest festival in Hong Kong. Owners of BAYC will be among the first to have access to this constrained physical range, significantly increasing the value of their investments. After an exclusive debut at ApeFest, the BAYC x BAPE collection will…

An opposing viewpoint on the rumoured doom of non-fungible tokens (NFTs) is provided by a recent CoinGecko report. Due to the general market collapse, the NFT industry has seen a major decline, but data from CoinGecko reveals that interest in NFTs is still high. With 1,234 users adding Nakamigos to their watchlists, it is the most popular NFT at the moment on CoinGecko. With 1,076 people, Yuga Labs’ Bored Ape Yacht Club (BAYC) is closely followed by CyberKongz and bitmap, which have 867 and 851 watchlist entries, respectively. The most popular NFT from 2022 is Pixelmon, which is now on…

A well-known Non-Fungible Tokens (NFTs) marketplace has alerted its API users to a possible security issue. The organisation acknowledged that one of its vendors had a security problem that might have disclosed details about users’ OpenSea API keys in an email that was sent publicly by a user going by the name of MatriXBT. Users were reassured by OpenSea in the email that they shouldn’t anticipate any immediate effects on the platform integration. They did, however, highly warn API users to act right now to reduce any potential hazards. It is advised that users stop using their current API keys…

With sales of over $31.32 million over the course of the last 30 days, DMarket has surpassed Bored Ape Yacht Club’s sales of about $18.85 million, according to data from Cryptoslam. The Mythos blockchain, which is also the second-highest blockchain in terms of NFT market trade volume over the previous 30 days, only behind Ethereum, is the foundation for DMarket, an NFT and virtual in-game item trading marketplace. The skins for the video game “Counter-Strike: Global Offensive” (CSGO), which have been exchanged on-chain and have a secondary market sales volume of $216 million to date, account for the majority of…

Sam Bankman-Fried, the former CEO of FTX, has requested his release; however, the U.S. Second Circuit Court of Appeals has maintained the decision to refuse his request. This choice was made in response to an appeal by Sam Bankman-Fried’s (SBF) legal counsel, which was principally motivated by First Amendment issues. These arguments, however, did not persuade the court. It strengthens SBF’s ongoing incarceration as he deals with legal issues. A New York district court previously turned down his plea for temporary parole so that he may review crucial papers in advance of his October 3 trial. In a separate decision,…

Several sources claim that the Sui Foundation has given nine creative teams funds totaling more than $300,000 with the goal of training the upcoming generation of Web3 developers. The projects, that improve education and accessibility within the Sui ecosystem, include mobile courses, tools, and gamified platforms. ‘EasyA,’ a mobile application-based course called ‘Duolingo for Web3 developers,’ is one of the standout efforts and is scheduled to begin by the end of September. The training makes it easier to understand Sui and Sui Move. GPTutor, one of the other notable grantees, is creating a VS Code Extension powered by ChatGPT’s AI…

Some reports claim that Consensys is dropping Ganache and Truffle, two essential Ethereum frameworks, in favour of Metamask Snaps and SDK. Truffle and Ganache, which were crucial in the early development of Ethereum smart contracts, have received praise from several developers. The “sunset” of the two products was defined as the end of an era in the Consensys release from September 22. Numerous developers have published their experiences utilising these tools to create their first Ethereum smart contracts, including Foobar, an anonymous developer, and Georgios Konstantopoulos, CTO and partner at Paradigm. At the time of Consensys’s acquisition in 2020, 1.3…

The Bank of Japan (BOJ) may lead to large changes in the global market flows, which might have an effect on cryptocurrencies, claims CoinDesk. The unknown policy direction of the BOJ, in the opinion of volatility trader Gryphon Ardern from the crypto asset management company Blofin, increases the likelihood that it would shock the market beyond expectations. In order to guide short-term interest rates at minus 0.1% and the yield on 10-year government bonds at about 0%, the BOJ has been using yield curve control (YCC) since 2016. With the addition of trillions of dollars in new global liquidity and…

Sam Sends and Varun Iyer, the creators of the venture capital-backed Glass Protocol, reportedly chose to give up on their initiative to monetize non-fungible token (NFT) films owing to a lack of demand, according to CryptoPotato. The project was started with the intention of developing a decentralised video protocol two years ago. The platform will continue to be open and free for use by all creators even though the team will stop actively developing for it. Celebrities and ordinary investors raced to buy various kinds of photographs and videos, driving the NFT market to outperform the traditional crypto business in…

Up until this week, Bitcoin Cash ($BCH) has been exceedingly hazardous, rising as high as $225.15 before falling to trade under $195.00. In contrast, Borroe.Finance ($ROE) has consistently increased and has already generated 25% in revenue for early investors. Will Bitcoin Money follow Borroe.Finance’s example and rise? Despite market turbulence, Bitcoin Money ($BCH) remains seldom bullish. The volatility of Bitcoin Money ($BCH) has recently increased. Notably, the value of Bitcoin Money ($BCH) has changed dramatically over short periods of time. After hitting a high of $225.15 in 2022, Bitcoin Money ($BCH) has since lost more than 10% of its value.…

Foresight News reports that, according to information from Cryptoslam, the sales volume of non-fungible tokens (NFTs) in the most recent week (September 2-9) was roughly $80.69 million, representing a fall for the fourth successive week. When compared to the prior week, the sales volume decreased by 6.75 percent. In addition, the volume of NFT transactions fell by 4.33%, but the number of NFT buyers increased to 569,407, up 17.77% from the previous week. Among 22 blockchain networks, Ethereum had the highest volume of NFT sales with $42.61 million, or 52.80% of the market. Mythos, Polygon, Solana, and Immutable X were…

The primary NFT (non-fungible token) challenge Nouns may also be in for a cut-up as a result of angry merchants who have abandoned its decentralized autonomous group (DAO). Numerous Nouns NFTs from holders who desire to fork the challenge have been placed in a NounsDAOForkEscrow contract that has been established. The NounsDAO Fork page, which went live earlier today, states that at the time of writing, the fork treasury had a balance of more than 7700 ETH. Customers who wish to join the fork, also known as the new NounsDAO faction, which now owns 219 Nouns NFTs, have little over…

Foresight News reports that CyberConnect has made plans to present an update proposal for Cyber DAO in order to win the community’s support for a cross-chain bridge. This would enable unrestricted movement of the CYBER token on the Ethereum, Optimism, and BNB Chains. The vote on the plan will take place over a number of days to give adequate time for review and discussion. An external expert with a solid reputation will be selected to conduct a security audit prior to the deployment of the cross-chain bridge to ensure the highest level of protection for community progress money. A Dune…

Pairs of Shiba Inu (SHIB) and XRP are considering delisting from the primary change According to a recent notice on its blog, Binance, the largest cryptocurrency exchange in the world, is gradually ceasing support for BUSD products. Due to this transfer, BUSD spot and margin trading pairs as well as those involving SHIB and XRP tokens may be delisted. The new policy encourages users to convert their BUSD assets to other stablecoins available on the site before February 2024. Notably, the XRP/BUSD combination is in sixth place by buying and selling volume across all platforms with the Shiba Inu token,…

The Colorado Division of Motor Vehicles (DMV) announced last Thursday that it has started accepting cryptocurrencies as a means of payment for its online services, marking a significant step in the adoption of digital property. According to a statement made public by the DMV, customers can now use PayPal’s cryptocurrency feature to pay for services including driver’s licences, vehicle registration, and other related costs. This decision by the Colorado DMV is viewed as a component of a larger state drive to identify potential usage scenarios for this asset class. Combining bitcoin money, especially through a well-known network like PayPal, shows…