Author: Jeremy Ryan

On-chain analytics start-up IntoTheBlock reports an on-chain activity spike thisweek as Bitcoin and other cryptocurrencies rallied to new yearly highs. As a result, the Bitcoin network saw a large increase in transaction fees, surpassing Ethereum’s total fees. In this comparison, Bitcoin fees increased by 60%, while Ethereum fees increased by nearly 50%. On-chain activity spiked this week, with Bitcoin fees increasing 60%+ and Ethereum fees increasing by nearly 50%. pic.twitter.com/H2kFC6iQge — IntoTheBlock (@intotheblock) December 8, 2023 A combination of factors appears to be driving the increase in network fees for Bitcoin, including a Bitcoin price climb that saw the cryptocurrency…

Another launch on the Gala Games platform as Eternal Paradox goes live on Android and iOS devices! This real-time, multiplayer strategy game is free to play, offering rewards in the form of ETIME, a token that can be used for game purchases or bridged to the Ethereum network for trading! So what you will about Gala Games, but they sure know how to stay in the news! This week we have the launch of Eternal Paradox! Eternal Paradox is a 4x, multiplayer strategy game with both daily and seasonal, play and earn rewards. Featuring Land and Mercenary NFTs, Eternal Paradox…

The Halo Wallet’s latest addition of Meson, a popular cross-chain technology, improves user involvement with several blockchains. This strategic move simplifies the blockchain sector, allowing clients to easily switch networks. Halo Wallet’s cross-chain swap feature will revolutionize token transactions between blockchains with convenience and direct communication. Meson Ensures Robust Protection for Cross-Chain Swap Funds in Halo Wallet Meson, a popular cross-chain bridge technology, has enabled USDC and USDT token transactions over many blockchains and layer-2 networks. Meson’s integration with Halo Wallet shows its ability to streamline and speed up cross-chain interactions, ensuring a smoother experience for users across blockchain networks.…

The Other Party launched in the UK today, promising to decentralized power and return it to the public through blockchain technology. Powered by blockchain technology, The Other Party wants to disrupt traditional centralized political structures, paving the way for a more direct and transparent democratic process, according to a statement. “Our mission is to remove the centralized power of politicians and return it to the hands of the people,” The Other Party founder Dom Ryder said. “By leveraging blockchain technology, we are ensuring every voice is heard, every vote counts and every decision is transparent and incorruptible.” It’s unclear what…

The average value of NFT transactions climbed from $126 to $270, showing an increase of 114% in November. As crypto markets turn bullish, nonfungible token (NFT) trading has started to join the wave, with a volume nearing $1 billion in November, according to data published by the decentralized app tracking platform DappRadar. The report highlighted that the NFT industry maintained an upward momentum for the second month in a row. Trading volume surged by 125% in November, suggesting a shift in user behavior compared to earlier downturns in NFT trading. On Nov. 6, analytics firm Nansen reported that NFT sales…

The partnership between Oasys blockchain and Fireblocks will help web3 developers focus on building immersive games that entail seamless fluidity without worrying about securing digital assets. The web3 gaming industry has been touted as the best channel to onboard millions of new users to cryptocurrency and blockchain technology. As a result, Oasys blockchain, a layer one (L1) network focused on optimizing the web3 gaming industry, has announced a strategic partnership with Fireblocks LLC, a New York-based software development company focused on empowering organizations to seamlessly venture into the digital asset realm. According to the announcement, the strategic partnership between Oasys…

The Realm of Historia project recently announced its intentions to make strides in preserving Armenian cultural heritage through leveraging the use of blockchaintechnology and nonfungible tokens (NFTs). In a departure from conventional methods, this initiative seeks to digitize historical artifacts and physical historical sites, starting with the Realm of Historia: Carahunge X digital asset collection. Cointelegraph spoke with the two creators of Realm of Historia, Ivan Grantovsky and Ivan Krylov, about how emerging technologies can preserve culture and connect new generations with history. Source: Realm of Historia At the core of Realm of Historia’s effort is the Solana blockchain, which…

MVL signed a strategic partnership with DWF Labs, a global digital asset market maker and Web3 investment company, to transform Southeast Asian mobility utilizing Web3 technology. This alliance enables a groundbreaking integration of Web3 technology into the Asian transportation industry. It focuses on TADA and ONiON’s large user bases as they migrate to the MVL Web3 ecosystem. [MVL Signs Strategic Partnership with DWF Labs]MVL has signed a strategic partnership with DWF Labs to drive Web3 innovation in the Asian mobility industry. We look forward to the coming wave of millions of the users from TADA and ONiON coming onboard the…

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…