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According to data from DappRadar, OKX NFT marketplace secured 32% dominance in the NFT sector, surpassing OpenSea in trading volume. In a blog post on Dec. 7, 202, DappRadar gathered top marketplaces for trading digital collectibles, which allocated the most liquidity in November 2023. According to the data, the Blur marketplace was ranked the top platform, controlling a 35% share of the NFT trading volume and generating $345 million in trades in November 2023. Top NFT trading platforms by volume | Source: DappRadar OKX NFT, a digital marketplace powered by the OKX crypto exchange, appeared to be the second-largest NFT…
Openfabric AI and SPACE ID have embarked on a groundbreaking partnership, integrating the Web3 Name SDK into the Openfabric platform. This strategic alliance signifies a major advancement in domain integration within the blockchain ecosystem, enhancing user experience and accessibility. Integrating Web3 Domains for Enhanced Accessibility Thanks to this collaboration, Openfabric users can now effortlessly utilize Web3 domains, including .bnb names, on the platform’s public testnet. This integration paves the way for mainnet usability, streamlining the process of navigating the blockchain space with familiar and user-friendly domain names. Innovative Web3 Domain Integration: Openfabric AI Partners with SPACE ID ????Openfabric AI and…
The TON network has slowed down significantly following a surge in activity that some attribute to the launch of processes known as “inscriptions.” The TON Foundation has published a “Technical Incident Report”. TON20’s “inscription” feature, similar to BRC20, caused the blockchain to generate more than 2 million transactions in half an hour, and network usage increased 61 times. As a result, the TON network was severely overloaded, and the verification was delayed, as @WuBlockchain described the problem on their X (Twitter). According to TonStat, a website that provides data on TON, there were about 2 million transactions as of December…
BBVA Switzerland, the Swiss branch of one of the largest Spanish banks, has announced it will use Ripple-owned tech firm Metaco’s Harmonize platform for its crypto custody operations with institutional investors. According to the press release published on Dec. 7, BBVA, which has been providing Bitcoin (BTC) and Ether (ETH) custody since 2021, migrated its infrastructure to Harmonize to achieve more agility and security: “In this environment, transaction validation is more agile and crypto assets are held in custody according to the highest security standards required by regulators.” Harmonize will let the bank connect to blockchains other than Bitcoin and…
The United Nations (UN) has signaled an intention to equip 22,000 employees with Web3 and blockchain technology skills. The plan for blockchain and Web3 upskilling is the brainchild of the United Nations Development Programme (UNDP), an agency of the UN focused on eradicating poverty via economic and human development initiatives, according to multiple sources. The UNDP hopes to launch a blockchain academy in partnership with the Algorand Foundation in 2024 to equip third-world countries with modern digital skills to bridge the economic gap with developed countries. The first step involves training UNDP’s 22,000 staff across 170 nations on blockchain technology…
Sotheby’s, the distinguished auction house, recently launched an online Bitcoin Ordinals auction, featuring the BitcoinShrooms NFT collection. This online auction, which began its journey from December 6, will run until December 13, explores Bitcoin’s many facets.BitcoinShrooms CollectionDesigned by Shroomtoshi, the BitcoinShrooms collection renders Bitcoin’s elements in a fresh, creative blend, unveiling intriguing symbolisms and narratives. The collection pushes the boundaries of conventional digital art by employing pixelated art pieces as a medium.Shroomtoshi vividly depicts Bitcoin’s historical, cultural, and technical dimensions, which are integral to the collection. The primordial journey of Bitcoin, its cultural impacts, and technical intricacies all find their…
PEZ, the illustrious candy company known for its wide-ranging and vibrant dispensers, has announced a partnership with Quidd, a digital collectibles and NFT marketplace. This partnership, orchestrated by PEZ’s Licensing Agency, Lisa Marks Associates (LMA), marks PEZ’s debut in the NFT space.Nostalgia Meets Modernity: PEZ’s Limited Edition NFT CollectionFounded in the 1920s, PEZ has endeared itself to many generations and is set to launch a limited edition series of NFTs in 2023. The digital tokens will showcase artwork inspired by the company’s most cherished dispensers and candies, interweaving nostalgia with contemporary technology.Currently, the company has two locations in Orange, Connecticut…
Manipur, a rapidly developing state in Northeast India, has recently embarked on a new initiative. The Manipur Department of Education, in collaboration with the DFINITY Foundation, a Swiss non-profit and a key contributor to the Internet Computer Blockchain (ICP), has announced the deployment of a unique educational product suite. This suite is designed to verify and securely store educational certificates on the Internet Computer, ensuring their authenticity and accessibility globally. Revolutionizing academic credential verification The product suite will utilize ICP technology, including the innovative Internet Identity, to ensure that all relevant information is both accessible and tamper-proof. The Horizon, a…
Sportswear brand Reebok is jumping into the metaverse—with both feet. The shoemaker, which is owned by Adidas, has entered an exclusive partnership with crypto tech startup Futureverse to develop numerous AI- and blockchain-backed games and digital experiences, both companies jointly announced Thursday. The stated aim of the collaboration is to extend Reebok’s brand presence into virtual realms and “revolutionize fashion in the digital world.” While the partnership appears poised to upload numerous Reebok styles into digital wearable versions linked to NFTs, as shoe brands including parent company Adidas and rival Nike have recently done, Reebok appears particularly intent on creating…
Blocknative, a blockchain infrastructure company that cut staff in October after suspending work on a major business project, is releasing a new tool to examine the “mempool” of pending transactions awaiting processing on Ethereum, an effort that could ultimately help to reduce instances of block-level manipulation and protect users from front-running bots. The real-time explorer tool is called ethernow.xyz, which gives insights into Ethereum mempool data and the block building process, and Blocknative CEO Matt Cutler described it as the Etherscan for pre-chain data. The tool, made possible through a grant from the Ethereum Foundation, is supposed to solve “observability”…
