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Taproot Wizards, the bitcoin ordinals startup that announced a $7.5 million round led by Standard Crypto last week, is bringing on the pseudonymous developer Rijndael as its chief technology officer. Co-founded by Udi Wertheimer and Eric Wall, Taproot Wizards is a generative art collection inscribed with bitcoin ordinals, a recent add-on to the network that lets data be inscribed as NFTs and other digital collectibles. Bitcoin ordinals have seen a November spike in popularity, spurring nearly $30 million in transaction fees since Nov. 4, per Blockworks Research. Largely due to blockspace demand created by ordinals, bitcoin transaction fees have become…

Web3 gaming awards return bigger & better presented by GAM3S.GG & Magic Eden with $2M in Prizes & $100k Community Rewards; voting starts todayThe final shortlist of games for the GAM3 Awards 2023 are finally in! The biggest web3 gaming event returns on 14 December 2023 for the second year with games going head to head for bragging rights and a prize pool of over $2M, to set the scene for 2024.GAM3S.GG are bringing back the “oscars of web3 gaming” presented in partnership with Magic Eden this year, as 70+ traditional and web3 gaming experts come together to decide the leading…

The asset tokenization and real-world asset (RWA) space caught the eye of retail and institutional capital investors in 2023 for its favorable blend of professionally-managed products and digital asset mechanics. Having advised 40-plus clients on tokenization strategies and issuances to date, we see the following key themes emerging in these markets in Q3 2023. Blockchain Savings and Bottom-Line Improvements For investors entering this space, the greatest efficiencies will come through end-to-end digital systems – meaning an on-chain lifecycle. That means savings in dollars or manual labor time relative to traditional processes. For example: Goldman Sachs Digital Asset Platform (GS DAP)…

On-chain transaction volume is the pulse of blockchain networks. For digital asset investors, monitoring these flows within the network and comparing them across protocols is a way to ascertain adoption rates and utility of the protocol, and determine whether a project is further developing, or an obsolete relic of the previous market cycle. This perspective gives us valuable insights into user activity, network utility, and the overall health of the crypto ecosystem. A surge in transaction volume often signifies increased network usage, adoption and trading activity. It could indicate growing interest, new protocol utility, or even speculative fervor. Conversely, a…

Regarding who’s crowned the winner, the jury — consisting of more than 70 leaders and influential figures from both Web2 and Web3 powerhouses like Microsoft, Amazon, Polygon Labs, and Ronin — is involved in 90% of the decision-making process.So far, in their books, Wildcard, Big Time, Parallel, NFL Rivals, and Deadrop rank the highest, with five nominations each. Notably, MetalCore and Illuvium are trailing slightly behind, and the top five blockchain networks in the final shortlist are Polygon, Immutable X, Ethereum, Avalanche and Arbitrum. Starting today, the public can get involved by voting for their favorite Web3 games to stir the…

Lookonchain shared in an X post today that the total value locked (TVL) for Blast has achieved a significant milestone. According to the post, the project has more than $109 million locked up in its protocol. The TVL of #Blast has exceeded $109M!@Blast_L2 deposited 45,654 $ETH($91M) into #Lido, swapped stablecoins to 18M $DAI and deposited it into #Maker.Wallet”0x49E9″(@Cbb0fe) deposited 2K $ETH($4M) and boby1337.eth deposited 2.5M $USDC to #Blast.https://t.co/Zns7cFEBQN pic.twitter.com/W4mv6wbzZt — Lookonchain (@lookonchain) November 22, 2023 Furthermore, on-chain data shows that Blast deposited 45,654 ETH, worth $91 million, into Lido. Thereafter, the team swapped stablecoins for 18 million DAI tokens, which…

The nightmare of every NFT collector is losing their seed phrase. It’s hard to see a hacker steal your non-fungible tokens (NFTs), but it’s harder to see them sitting in a dead wallet, because you’ve got no one to blame but yourself. Even worse, stolen NFTs can be recovered, but a dead wallet is forever. The NFTs are still yours, but you can’t sell them, because you can’t transfer them to a buyer’s wallet. Brian Frye is a professor at the College of Law at the University of Kentucky, NFT artist and filmmaker. So, how much is an NFT in…

NFT news: 10101 Art is scheduled to debut on 27 November, offering the opportunity to fractionally own Banksy famous work “Turf War.” Now, through the use of fractional ownership, blockchain technology and Non-Fungible Tokens (NFT), anyone can become a co-owner of original works by such caliber artists as Picasso, Dali, Warhol and many others. See below for all the details. NFT: the new way to invest in Banksy works More NFT news: Nike and the collaboration with RTFKT NFT: the new way to invest in Banksy works As anticipated, after making official its first collaboration with a Dubai gallery, the…

The Dutch city of Amsterdam — no stranger to international conferences dedicated to cryptocurrencies, blockchain and decentralization — was recently host to the Network State Conference, which explored decentralization at an entirely different level. Conference speakers and attendees gathered to discuss and debate whether a new form of decentralized country is possible. The conference kicked off with an energetic host directing the crowd to chant and shout the title before Balaji Srinivasan, an entrepreneur, investor and former chief technology officer of Coinbase, entered to make his opening speech. During his initial remarks, Srinivasan asks, “Are new countries even possible?” Srinivasan…

Decathlon presented its virtual reality project Rockrider Geocaching, which connects outdoor activities and the digital world via the Tezos blockchain. 1,000 NFTs were distributed on both sides of the Rhine border, which is about 180 kilometers long between France and Germany. To participate in the Rockrider Geocaching Game and be able to find digital treasures hidden using GPS coordinates, users need GPS-enabled devices or mobile phones with similar capabilities. Participants must be within at least 50 meters of the GPS coordinate of the desired NFT collectible for the NFT to appear in the wallet. With an NFT in your Web3…