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NFT This week, Bitcoin NFTs are having their moment, placing them just behind Ethereum NFTs in terms of sales. Meanwhile, NFT lending platforms and loan services are also gaining momentum. Blur’s Blend is dominating with 82% of the NFT lending market share, while Binance has released its own NFT loan service that allows holders to use their blue-chip NFTs as collateral to secure ETH loans. Also, Nike’s .SWOOSH platform released its first collection of digital sneakers, which netted over $1 million in sales so far, though the mint process was not a walk in the park for eager buyers that…

Blockchain On the recent episode of Unchained’s new show, The Chopping Block hosted a thought-provoking conversation with Sreeram Kannan, the founder of EigenLayer. Kannan provided a fresh perspective on the recent precautionary post about Ethereum’s consensus, warning against excessive risk-taking. So what’s the deal with that Vitalik post on re-staking? ????@hosseeb and @tarunchitra discuss why Vitalik, like any religious leader, has to drop a good sermon now and then.???? Listen now: https://t.co/wW6h0k6ibj pic.twitter.com/Iq9kpLYfKI — Laura Shin (@laurashin) May 25, 2023 During the show, while host Robert Leshner acknowledged the risks of overloading Ethereum’s consensus, as addressed by Vitalik Buterin in…

Blockchain World Mobile’s Android application on Google Play now has a viable commercial version available to all inhabitants of Zanzibar, a Tanzanian archipelago in East Africa. World Mobile introduces its first commercial telecom network in Zanzibar According to the press release shared with U.Today, World Mobile, an application and a telecom network that leverages blockchain-based data structures for establishing mobile connection, launches its commercial version in Zanzibar. Free mobile application for Android OS streamlines data bundle management and provides a platform for users to create a self-sovereign ID. With this identification module, users can try working with third-party services. Together…

NFT It’s official: the NFT ticketing program in partnership with Polygon, Elemint, Bary and Platinium Group will be launched for the first time at the Formula 1 Monaco Grand Prix. Below are all the details. NFT ticketing available for Formula 1 thanks to Polygon NFT ticketing: all the details Statements regarding the new NFT tickets in partnership with Polygon NFT ticketing available for Formula 1 thanks to Polygon As anticipated above, the Formula 1 Monaco Grand Prix is the launch event for an exclusive NFT ticketing program launched in partnership with Polygon, Web3 companies Elemint and Bary, and Platinium Group,…

NFT Starbucks is preparing an NFT airdrop for members of its Odyssey rewards program as part of the company’s foray into Web3. Users will have to meet specific criteria to be eligible to receive a so-called “limited-edition stamp” from the coffeehouse giant, Starbucks told Odyssey members in an email obtained by Blockworks. First, the airdrop is only available for US residents. Second, each participant must be a Starbucks rewards member, and enrolled in Starbucks Odyssey, the company’s waitlisted Web3 rewards platform. The program launched in beta back in September 2022, and remains available only to a select number of individuals.…

Blockchain Ava Labs has launched AvaCloud, a Web3 launchpad designed to help companies build fully managed blockchain ecosystems without the need for coding. AvaCloud includes four key components: an automated blockchain builder, managed validators, comprehensive data tools and chain interoperability. AvaCloud will enable companies to bring their Web3 products to market faster and with less risk without having to hire a powerful engineering team. AvaCloud already supports projects ranging from global enterprises to small Web3 development teams. Ava Labs also launched Avalanche Warp Messaging, which allows messaging across all Avalanche subnets. This way, users can quickly create a free testnet…

Splinterlands brings us a special, 5 year anniversary, token burning event called ‘The Great Burning’. This event will give players an opportunity to burn DEC tokens and earn rewards in the process! It’s been five years since Splinterlands first sold their Alpha packs on the Steem network. And to celebrate they are bringing us a special event known as The Great Burning! The event will start on Tuesday, May 30th, 2023 and it will run for 30 days, ending on June 29th, 2023 and allow players to burn DEC tokens via a special page on the Splinterlands website. The Burninating…

NFT In a recent tweet, a research analyst by the name of Tom Wan shared some insights relating to BRC-20 tokens and BTC Ordinals. According to the post, 45% of the ordinal trading volume is attributed to BRC-20 tokens, while Ordinals (ORDI) account for 22.1%. As a result, the analyst raised a thought-provoking question about whether all Ordinals should be considered as NFT volume or if it should be limited to the Image Inscribed Ordinals. This follows the news of the trading volume for Bitcoin (BTC) Ordinals surpassing that of Solana-based NFTS — ranking their trading volume second under Ethereum-hosted…

NFT A new NFT ticketing system is set to debut around this weekend’s Formula One event, as fans of the racing league continue to get a glimpse of crypto and its underlying technology. Attendees of the Monaco Formula One Grand Prix, which runs from May 26 to 28, are able to receive an NFT ticket issued on the Polygon blockchain. “The ticketing platform combines the robust security of Ethereum with the forge-proof uniqueness of NFTs to enhance ticket authenticity and prevent counterfeiting while providing fans with lasting digital mementos,” Urvit Goel, head of global business development at Polygon Labs, said…

Ubisoft’s Rabbids continue making their mark on the world of NFTs. In an exciting move for the gaming community, Ubisoft has partnered with Reddit to offer free Rabbid-themed NFT avatars for Reddit users.These digital collectibles, available on Polygon, portray Rabbids in various outfits and poses. Among the designs are a somewhat disgruntled knight wielding a plunger and a cheerful unicorn rabbit equipped with a golden plunger. These unusual yet delightful weapons harken back to the early days of the Rabbids games.A Look into Reddit’s NFT EcosystemThis is not just a fun novelty for Reddit users; it signifies a significant development…