Author: Jeremy Ryan

Pudgy Milady, an NFT collection that uses generative AI to mimic the styles of Pudgy Penguins and Milady Maker, was originally supposed to be only 7,777 items, but the collection has started issuing new NFTs to 0x7a97A8A3959a50f834B56ab3CA0aB9BA60433028, which is then selling the newly minted tokens. This address also holds other NFTs from a variety of low floor price NFTs, many of which take the strategy of mimicking more successful collections, including FatBored which mimics the art style of Bored Apes and Penguin Punks which mimic the art style of CryptoPunks (but with penguins). The Pudgy Milady collection does not seem…

Magic Eden, a leading NFT platform and marketplace, recently announced the global launch of an upgraded rewards program and a new cross-chain wallet. This development is part of their effort to enhance the NFT ecosystem and cater to cross-chain collectors.Magic Eden RewardsThe updated Magic Eden Rewards program, now live on Solana, will soon extend to Ethereum, Bitcoin, and Polygon. This expansion aims to facilitate ease of use across different blockchains and benefit all user types, including collectors and creators. Furthermore, the rewards program has been upgraded to provide universal perks, catering to both collectors and creators. Its latest iteration features…

In a month filled with groundbreaking achievements, the ZKFair Mainnet has surged into the spotlight of the cryptocurrency world. With a $324 million Total Value Locked (TVL), innovative Gas fee Airdrops, and strategic token listings, ZKFair, a project powered by Polygon CDK, Celestia DA, and Lumoz RaaS, is rewriting the narrative of fairness in the ZK ecosystem. ZKFair’s fair launch model ZKFair stands out in the competitive crypto landscape by embracing a 100% fair launch model, challenging the unfair practices prevalent in the ZK ecosystem. The project addresses issues like overvaluation and lack of participation through a fully community-driven approach.…

The use of blockchain has grown significantly in the last three years. The size of the global blockchain interoperability market is now on track to become worth $1.98 billion by 2032, according to a report by Spherical Insights & Consulting. Blockchain interoperability to grow significantly by 2035 According to a study by Spherical Insights & Consulting, the size of the global blockchain interoperability market was estimated to be $0.2 billion in 2022. The market is expected to grow to $1.98 billion globally by 2032. The increase at a compound annual growth rate (CAGR) of 25.77%. Interoperability is defined as the…

NBA champion and eight-time NBA All-Star Dwight Howard has known many successes in his storied 20-year career. This weekend, however, the basketball icon had a taste of bitter failure—on the mean streets of crypto. Late last week, with little preceding fanfare, Howard—who last played in the NBA in 2022—abruptly announced that he was launching a collection of 3,000 NFTs on the Avalanche network. “This is Dwight Howard from [the] NBA,” the veteran athlete wrote. “See you this weekend on-chain.” Days later, the 3,000-piece profile picture (PFP) collection, “Ballers by Dwight Howard,” debuted to miserable results. The NFTs, which each cost…

Key Takeaways A Layer-2 (L2) protocol is a secondary framework built on top of an existing, more secure blockchain network to make it more accessible. They enhance transaction efficiency by offloading the process from the main chain and have close similarities to the SWIFT messaging network in TradFi. Investors can invest in the tokens of these Layer-2 projects, which they can hold or stake to identify the long-term winners. Table of Contents What Are Layer-2s? Why Are Layer-2s Important? Layer-2s vs SWIFT Top Layer-2 Blockchains Where Are Layer-2 Blockchains Used? Investor Outlook for Layer-2s Investor Takeaway While we often think…

The trading volume of former U.S. President Donald Trump’s NFT collection surged by 250% following the suspension of Florida Governor Ron DeSantis’ presidential campaign in favor of supporting Trump’s re-election bid. Data from CryptoSlam reveals a remarkable 248% increase in the trading volume of Trump’s Series 1 collection over the last 24 hours, reaching nearly $90,000. In contrast, trading activities for his Series 2 collection and MugShot edition experienced significant declines during the same period, settling at $1406 and $414, respectively. CoinGecko data indicates that the floor price for all these collections experienced an average 4% decrease during the reporting…

Sega Singapore, a subsidiary of the well-known Japanese entertainment giant Sega, has recently announced a strategic partnership with Finschia to explore opportunities in the rapidly evolving world of Web3 gaming.Embracing the Potential of Web3 GamingWith the increasing popularity and potential of blockchain technology and decentralized gaming, Sega has recognized the importance of venturing into this space. Through its partnership with Finschia, Sega will have access to the Finschia network and actively participate in protocol governance.Initially hesitant about Web3 gaming due to concerns about protecting their intellectual properties, Sega’s co-Chief Operating Officer Shuji Utsumi has now acknowledged the innovative possibilities that…

Polygon (formerly Matic Network) is a game-changing Layer 2 scaling solution that addresses Ethereum’s scalability challenges. It empowers developers to create and deploy scalable, interoperable decentralized applications (dApps) by utilizing sidechains, plasma chains, and innovative scaling techniques. If you’re unfamiliar, sidechains are unique blockchains that are bound to the main Ethereum blockchain and are effective in supporting many Decentralized Finance (DeFi) protocols available on the Ethereum network. This enables rapid transaction speed and cost-effectiveness while maintaining the security and decentralization of the Ethereum network. As a Layer 2 solution, Polygon operates in parallel to the Ethereum blockchain. Rather than individually…

Decrypt’s Art, Fashion, and Entertainment Hub. Discover SCENE A Bitcoin Ordinals inscription from the Quantum Cat project has sold for more than $250,000 at Sotheby’s, the famed auction house announced on Monday. The “Genesis Cat” Ordinals inscription by digital artist FAR received over 50 bids, according to Sotheby’s, with the winning bid hitting 6.31 BTC, or about $254,000. Earlier this month, Taproot Wizards announced the Quantum Cats collection of Bitcoin Ordinals inscriptions. The project of 3,333 images cost over $66,000 to create on the Bitcoin blockchain. The sale for the wider collection is set to take place on January 29.…