Author: Jeremy Ryan

Are non-fungible tokens (NFTs) actually back this time, or are they just dressing up as a bull for Halloween? Life seems to have returned to NFTs, both in sales and in how people talk about them. Fueled by Bitcoin’s mega bullish “Uptober,” fantastic art sales in NFTs, Blur’s Season 2 rewards end date announcement, and traders throttling back on social finance (SoFi) platforms, these events are driving traders back to NFTs. Friend.tech had kept traders busy for the past two months, but now is struggling to keep their attention, with key trading volume falling off drastically ever since security concerns…

14/21, or 66%, of the top gas-consuming smart contracts on Base, a layer-2 platform for building and deploying smart contracts, are unverified. According to Token Terminal data on October 24, the same contracts are some of the most actively used, reading from gas fee trends over the last month. Friend.tech Leads The Gas Race On Base Base is a layer-2 scaling solution and one of OP Mainnet and Arbitrum’s competitors. The platform relies on the Optimistic Rollup technique, allowing transactions to be batched off-chain before being confirmed on the mainnet. This is the same approach competitors, including Arbitrum and OP…

Vodafone Digital Asset Broker (DAB) has joined the Chainlink network as a node operator after completing a proof-of-concept with Japanese trading and investment company Sumitomo for exchanging trade documents across platforms. The companies hope to improve document transfer and processing of financial transactions in the $32-trillion global trade ecosystem, Vodafone said. The proof-of-concept used oracle network Chainlink’s Cross-Chain Interoperability Protocol (CCIP). DAB “provide[d] security and interoperability across IoT devices at the edge of a network.” The proof-of-concept showed the potential of Vodafone Internet-of-Things devices and blockchains to provide data for use in contracts and AI applications. Potentially, a single interface…

Polkadot (DOT)-based charity project Teddy DAO wants to attract more traditional donors to its cause by promoting Web3 education. So far, the initiative has garnered about $14,000 in contributions to supporting charitable causes, including those centered on children’s welfare, anti-human trafficking efforts, cancer research, and others. Additionally, the project is set to distribute 190 physical Teddy Bears to underprivileged children this year in alignment with its commitment to donate one Teddy DAO NFT for each minted. Teddy DAO is a perpetual NFT collection that donates its sale proceeds to charity. Donors to the project can enjoy tax benefits because the…

Despite what some have been led to believe, “cryptocurrency isn’t the currency of choice for criminals,” according to Perianne Boring, CEO of the Chamber of Digital Commerce. Writing in an opinion piece in the Wall Street Journal on Monday, Boring hit back at the accusations made by the same newspaper earlier this month that Palestinian terror group Hamas “have raised millions in crypto.” According to Boring, groups like Hamas, Palestinian Islamic Jihad and Hezbollah have raised money through various means, including the use of traditional banking services, hawala networks, and state funding, while crypto makes up only “a small portion…

Blockchain technology appeared on the scene promising to revolutionize industries, upset conventional institutions, and usher in a new era of transparency and democratization. It has demonstrated its potential in a variety of industries over the last decade, ranging from finance to supply chain management. However, as the initial excitement has worn off, questions have arisen regarding whether blockchain innovation has genuinely delivered on its early promises or has stagnated in subsequent years. The Initial Interest The journey of blockchain began in 2009 with the launch of Bitcoin by an unnamed entity known as Satoshi Nakamoto. The first of its kind,…

Tickets for an epic raffle are now available through Qorpo World, offering a number of NFTs and potentially new QORPO tokens as prizes. And best of all, tickets for this raffle are free of charge! Anyone can mint free raffle tickets for the upcoming epic raffle from Qorpo World. With over $25,000 worth of prizes, including tokens and NFTs, it’s hard to pass up spending just a few cents in gas fees for your chance to win! Epic Raffle Tickets The tickets for this raffle are technically free to purchase, though there is a small gas fee associated with minting…

There’s fantasy football (both kinds), fantasy baseball, fantasy basketball—and surely a fantasy game for just about every notable sport. But what about a fantasy game for musicians? Currently in a private alpha, Vault’s Fantasy Music game tasks players with building a roster of five artists from the Solana-based NFT music platform, with points awarded for increases in Spotify monthly listeners. To lock in their roster, players will have to own the artists’ limited-edition NFT drops via the Vault platform. As it stands, Vault is releasing an average of five new drops each week including its Cassette Culture 3.0 project, with…

Mining is one of the most popular ways to make money with crypto. However, it has been steadily becoming less and less profitable as time goes on. Despite this, mining is one of the most essential components of the crypto world, both because of its necessity for the normal functioning of the blockchain and because of its near-cult status. Mining is something many crypto enthusiasts want to try even if it won’t bring them any profit. However, that doesn’t mean that cryptocurrency mining can’t be profitable — or easy. In this article, we will explain everything you need to know…

Key takeaways Flare and Etherspot have partnered to bring account abstraction and gasless transactions to Flare Network, a blockchain for data and EVM smart contracts. Account abstraction will enable Flare developers to create dApps that offer a better user experience, such as biometric authentication, social recovery, and batch signing. Gasless transactions will allow Flare users to pay fees in different ways, such as using ERC-20 tokens. Flare, the blockchain for data and EVM smart contract platform, has announced a new partnership with Etherspot, an ERC4337 developer platform. The collaboration, among other things, will see Etherspot introduce Account Abstraction to Flare…