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Rario, a Polygon-based platform issuing cricket-related nonfungible tokens (NFTs), has reportedly seen its founders leaving the firm after two years since launch. Founders of Rario, including Rario CEO Ankit Wadhwa and chief technology officer Sunny Bhanot, are being pushed out as investors at the startup to exert greater control over the platform, TechCrunch reported on Sept. 8. Rario CEO Ankit Wadhwa (left) and CTO Sunny Bhanot (right). Source: TechCrunch Dream11, a major Indian fantasy sports platform and the largest backer of Rario, is being ousted as well, according to the report. As part of other restructuring efforts at Rario, a…

beginner Ever felt like you’ve stepped into a whole new universe when you hear about cryptocurrencies? Yeah, I’ve been there too. But once you get the hang of it, it’s not as daunting as it seems.  Hi, I’m Zifa. I’ve spent the last three years diving deep into the crypto world, writing, learning, and sometimes, getting a tad bit lost. But that’s the fun part, right? I believe in breaking things down and keeping it simple. So, if you’ve ever scratched your head over ‘altcoins,’ you’re in the right place. Let’s chat about it! What Is Altcoin? Altcoins, short for…

Metagood, the creators behind OnChainMonkey (OCM), has announced the relocation of the OCM Genesis, a collection of 10,000 NFTs, from the Ethereum blockchain to Bitcoin’s blockchain. The move represents a firm belief in Bitcoin’s blockchain’s potential for digital artifacts. The decision was backed by an overwhelming majority in a recent vote organized by the OCM DAO, founded in 2021.The OCM team initiated this process by proposing to cover some of the substantial migration costs (around $1 million), making it free for all OCM Genesis NFT holders who earned a Bitcoin Badge. These badges were awarded to those who participated in…

The Web3 platform ZTX achieved a record-breaking sale of 4,000 Genesis Homes NFTs, showcasing enthusiasm for the metaverse despite a bearish NFT market. The Web3 platform focused on the metaverse ZTX backed by Jump Crypto, achieved a record-breaking sale of its inaugural collection of 4,000 Genesis Homes NFTs, despite the current bearish NFT market. According to the platform’s statement, the sale quickly sold out on August 30th within hours after being posted on the OpenSea platform, showcasing investors’ enthusiasm for virtual participation in the new metaverse world. ZTX’s Collection Has Been Well-received by the Community ZTX’s collection, launched on the…

Binance NFT has announced that The Sandbox NFT Staking Program will no longer be available on September 26, 2023, at 06:00 (UTC). After the aforementioned date, users will not be able to stake LAND NFTs on the Polygon Network to earn daily The Sandbox (SAND) rewards. All LAND NFTs that are currently staked on the Binance NFT Marketplace will be automatically unstaked on September 27, 2023, and returned to users’ Binance accounts on or after September 28, 2023, at 02:00 (UTC). The last daily SAND rewards will also be distributed automatically to users’ Spot wallets after September 28, 2023, at…

Open Campus has announced the launch of its blockchain protocol, Open Campus ID, which issues decentralized identifiers (DIDs) in the form of soulbound tokens (SBTs). These non-transferable NFTs are virtual representations of learners’ online personas. The primary benefit for learners is that they have control over what information is associated with their OC IDs. They can decide which pieces of information they want to share and when they want to share them, including their learning profile. Phase 1 of the Open Campus ID launch will open for EDU or Genesis NFT (Backpack and Notebook) holders who have shown support to…

The rise of nonfungible token (NFT) marketplaces has ushered in a new era, fundamentally reshaping the way we perceive and interact with digital assets. They provide a new medium for artists to showcase their creations and establish a direct and meaningful connection with their audience. OpenSea has taken center stage in this revolution. What is OpenSea? OpenSea, the brainchild of Alex Atallah and Devin Finzer, came into existence in 2017. Their mission was clear: to establish an open and user-friendly marketplace for NFTs. Recognizing the transformative potential of these assets, the founders aimed to provide an NFT platform that would…

While Bitcoin-based nonfungible token (NFT) sales have declined, and the network has dropped to seventh out of 23 blockchains in sales this past month, Ordinal inscriptions continue unabated. The number of inscriptions linked to the Bitcoin blockchain is nearing 30 million. On September 3, a record 418,240 inscriptions were minted, marking the second-highest daily rate to date. Bitcoin’s Ordinal Inscriptions Hit Second-Largest Daily Total As of 10 a.m. Eastern Time on September 7, 2023, at block height 806,606, there are about 29.48 million Ordinal inscriptions tied to the Bitcoin blockchain. Bitcoin miners have to date received an estimated 1,976.62 BTC,…

As of September 7, HV-MTL Forge gamers and their Mechs can explore new adventures. All they need to do is spot a ‘Rift’ from their Forge to partake in an action-packed ‘Hunt’. To join in the HV-MTL Hunt, gamers must build on their HV-Homes until a Rift on their game board is visible. It’s recommended for all players to keep expanding their gaming arenas until the Rift emerges to take full advantage of the exciting endeavors ahead:“Before you can go anywhere, you must get to the Rift. This is the easiest part of your expedition: just build out your tiles into…

An amended complaint was filed on Thursday in the federal class action lawsuit against Shaquille O’Neal over his NFT project Astrals, and the basketball icon faces allegations of violating securities laws in connection to offering Solana-based assets and an associated token. The 111-page filing comes after a district judge in Florida appointed the case’s lead plaintiffs last month, who are represented by counsel at The Moskowitz Law Firm. Managing Partner Adam Moskowitz told Decrypt the filing represents a pivotal step forward. “People applied and Judge [Federico] Moreno selected our clients to be the lead plaintiff,” he said. “That’s a big,…