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The Colorado Supreme Court’s removal of former U.S. President Donald Trump from the state 2024 ballot has impacted the floor prices of his NFT collections. Data from OpenSea shows that the former President’s Collection Series 1 tanked by 11% to 0.1505 ETH, or $333, following the news. The collection’s market capitalization is approximately $15 million as of press time. Additionally, the trading volume for the collection declined by 68% to around $16,000 during the reporting period, according to CryptoSlam’s data. The floor price for his second collection rose by 4% in the last 24 hours to 0.03450 ETH, or $76,…

China is set to encourage the development of non-fungible tokens and decentralized applications as the country continues to use blockchain technology despite its ban on cryptocurrencies. The Ministry of Industry and Information Technology said in a document published on Tuesday that it plans to formulate strategy documents to clarify the path forward for Web3. The central government in the report stated: “The emphasis will be on key areas such as governance and industry, with encouragement for the exploration of new business models like NFTs and decentralized applications, expediting innovative applications and the construction of a digital ecosystem for Web 3.0.”…

CAD Trust, supported by the World Bank, uses blockchain to avoid double counting in carbon markets. By integrating registries such as Verra and CDM, CAD Trust drives transparency and efficiency in carbon credit management. The arrival of CAD Trust marks a before and after in the world of carbon markets. This project, driven by giants such as the World Bank and the Singapore government, presents itself as an innovative solution to a persistent problem: the double counting of carbon projects. Using blockchain technology, CAD Trust not only simplifies the tracking of environmental initiatives but also raises reporting and auditing standards.…

In a groundbreaking move that shapes the future of decentralized communication in Web3, Meson Network and Push Protocol have joined forces in a powerful collaboration. This dynamic partnership aims to set new standards for user-centric, secure, and efficient Web3 experiences. ???? Thrilled to announce a powerful collaboration between #Meson Network and @pushprotocol , shaping the future of decentralized communication in Web3. Highlights include integrating Push Protocol’s expertise for #DePIN project support, enhanced communication capabilities, and… pic.twitter.com/vbeIJBG41m — meson.network (@NetworkMeson) December 20, 2023 Revolutionizing Web3 Communication with Push Protocol Integration for DePIN and Meson Network The collaboration focuses on several key…

China intends to encourage the development of non-fungible tokens and decentralized applications as the country continues embracing blockchain technology — despite a cryptocurrency ban. The Ministry of Industry and Information Technology said in a document released on Tuesday that it plans to formulate strategy documents to clarify the development path of web3. “The emphasis will be on key areas such as governance and industry, with encouragement for the exploration of new business models like NFTs and decentralized applications, expediting innovative applications and the construction of a digital ecosystem for Web 3.0,” the central government said in the document, set to…

The decentralized nonfungible tokens (NFTs) borrowing and lending protocol – BendDAO – is all set to embrace the Bitcoin ecosystem. In a Discord post, BendDAO said that it will provide Bitcoin NFT lending business and will support the wBTC liquidity pool as a loanable asset. The platform is also actively exploring ways to facilitate smooth interactions between BTC NFTs and its platform, considering options such as third-party cross-chain bridges and cross-chain bridges utilizing multi-signature wallets. BendDAO to Embrace Bitcoin Ecosystem The official announcement by Hill, who’s listed as a core contributor in the BendDAO Discord, stated, “It‘s time to embrace…

Over the past week, inscriptions minted on a number of blockchains have caught the attention of crypto traders and developers alike due to large transaction volumes that generated unusual amounts of gas fees. On Layer 2 (L2) chains like Arbitrum and Layer 1 chains like Avalanche and Solana, there has been a proliferation of inscriptions: on-chain pieces of data that are stored inside transaction calldata. On the Solana network, transactions reached more than $1 million in cumulative value since November 13, 2023; Solana activity also spiked on December 16, with 287,000 new inscriptions created in a single day. These inscription-based…

Gods Unchained made a swift return to the Epic Games Store, despite being ousted a week ago due to receiving an “Adults Only” rating from the Entertainment Software Rating Board. Similarly, the Web3 game Striker Manager 3 — also recently removed for receiving an over 18 rating — is back in Epic.The reasons behind the removal of both games included their use of blockchain technology. However, these titles have prompted Epic Games’ shift in policy, accepting blockchain games that leverage Play-to-Earn elements like crypto and NFTs. ???? GU IS BACK ON EPIC GAMES STORE ????With Epic Games’ revised content policies, we are SO…

Web3 and the blockchain ecosystem are all about decentralization, yet the sector still almost entirely depends on centralized cloud services—Multi-Chain Storage (MCS) is out to change this. The solution, developed by Swan Network and integrated into Filecoin, allows users to rely on smart contract security and store their files on various blockchain networks. When Satoshi Nakamoto launched Bitcoin, the aim was to give the world a decentralized alternative to the financial system that doesn’t rely on a few parties. More than a decade later, the industry still relies on trusted intermediaries and third parties to support its decentralized solutions. Swan…

Ubisoft’s Warlords NFTs have created a buzz among NFT enthusiasts and investors. Featuring pixelated profile picture-style heroes, these limited-edition NFTs sold out during their presale and public mint. Warlords NFTs Soar in ValueThe Warlords NFTs generated over $4.5 million in secondary market sales shortly after their release, and it’s not hard to see why. The free Warlords NFTs were designed as pixel-style heroes, which are currently a hot commodity in the world of social media profile picture (PFP) NFTs. The NFTs originally sold out in less than 20 minutes during a free public mint at 4 pm ET on Monday. Post-mint, the…