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NFT Bitcoin-based non-fungible tokens (NFTs) have risen to second place for NFT sales per blockchain, according to Web3 data platform CryptoSlam, which is remarkable considering Bitcoin NFTs didn’t effectively exist before the enabling of inscriptions on the Bitcoin mainnet in January 2023. The data shows that in the past thirty days, Bitcoin NFTs have grossed about $167 million, which is several figures shy of Ethereum’s near-$397 million. However, NFT sales on Bitcoin are nearly three times larger than on the Solana network, according to Cryptoslam, trailing behind at about $57 million. Bitcoin’s accelerated rise to prominence in the NFT space…

Blockchain A Bitcoin developer by the name of Burak recently unveiled Ark, a Layer 2 protocol designed to enable fast and secure transactions. According to a post on the Bitcoin dev mailing list, Ark offers an alternative scaling approach that allows users to send and receive funds without liquidity constraints, making it easier for recipients to get paid without an onboarding setup. Unlike other Layer 2 solutions like Lightning, Ark does not require the opening and closing of channels, reducing the on-chain footprint significantly. The protocol operates using virtual UTXOs (vTXOs), which are short-lived notes that expire after four weeks.…

What is Hybrid zkRollup? The data on Ethereum is open to the public, however, many data and transactions need confidentiality. Aztec created a transparent + privacy hybrid zkRollup based on this. Everyone is aware of the notion of a hybrid vehicle, which uses both gasoline and electricity to power a vehicle. Aztec recently developed the hybrid zkRollup idea after the closure of Aztec Connect. The network plans to connect Ethereum smart contracts with zk encryption execution in the future. Assume the prior Aztec Connect was just for private digital asset exchanges. In that situation, Aztec zkRollup’s future application scope will…

NFT Paris Hilton’s iconic NFT collection is ready to make a splash this summer. The highly-anticipated launch of her avatar collection is scheduled for May 31, 2023. In collaboration with The Sandbox and 11:11 Media, this event marks a milestone in the metaverse, inviting fans to express their individuality and immerse themselves in a world of innovation and self-expression. As a special treat, 11 lucky holders of these NFTs will also receive a free VIP ticket to Paris: Live in Concert on 7 June 2023 at the Fonda Theatre in Los Angeles – a sold out show! —The collection, consisting…

MetalCore brings us a new playtest this coming weekend, as well as a special play and earn event! The Alpha 2.5 version of this team-based, sci-fi, FPS now offers both PvP and PvE matches, giving players a chance to try out different playstyles and team tactics. Another weekend playtest from MetalCore! Officially dubbed Alpha 2.5, this playtest kicks off on May 26th, 9pm ET, and runs until Monday, May 29th, 3pm ET. The latest alpha build for MetalCore features Faction Pledging as well as PvE servers. Faction Pledging allows players to choose which side they wish to fight for. And…

Pudgy Penguins recent foray into the cutthroat world of children’s toys has caused a significant commotion on the Amazon marketplace. In its first 48 hours, the project triumphantly shifted a mammoth 20k units worth in the region of half a million USD.Just last week, Pudgy Penguins unleashed its latest masterstroke on the world of toys and entertainment by debuting a collection of vinyl and plushie toys that leverage the project’s intellectual property. While additionally launching the interconnected ‘Pudgy World,’ a portal to an online social network based around the Antarctic dwelling creatures.Since then, interest in the Pudgy Penguins toy collection…

NFT Curated NFT marketplace SuperRare is taking over the 0x.17 gallery in New York for a two-month exhibition, punctuating the importance of bringing non-fungible token (NFT) artwork into immersive, physical spaces. The pop-up at 0x.17, a community-focused NFT gallery in the historic South Street Seaport neighborhood, will feature a curated program of works from over 20 SuperRare artists. The gallery will open on June 1 with a solo show from AI artist Claire Silver titled “Artifacts.” “The exhibition showcases seven artworks based on different philosophies and questions about our future with AI taking the form of seven different mediums: video,…

NFT Bowl a perfect game? Soon, your buddies won’t simply have to take your word for it—you’ll be able to show off a tokenized achievement, minted as an NFT on the Avalanche blockchain by the Professional Bowlers Association (PBA). The PBA and parent company Bowlero today announced the launch of League Bowler Certification (LBC) Awards, which are NFT-based honors to recognize bowling feats that will be airdropped free to the approximately 300,000 participants in Bowlero center leagues. The “digital awards,” as the PBA calls them, cannot be traded or sold once received, making them soulbound tokens. In that sense, these…

Blockchain In such a short period after its mainnet launch, Layer 2 protocol zkSync has hit several outstanding milestones. Compared to other long-existing networks, the zk-rollup Ethereum (ETH) scaling solution has recorded more transactions than expected. Based on its latest Twitter post, the protocol has processed one million transactions within a 24 hour time span. This milestone is a first for a zkEVM as the figure amounts to about 12 transactions per second. Notably, it makes zkSync the second top L2 network this period in terms of transaction count and next only to Ethereum. Additionally, zkSync hit one million unique…

Seedify, the premier launchpad focused on web3 gaming, NFTs, metaverse, and AI, is gearing up for the highly anticipated launch of its latest incubation project, Orbofi AI. This AI project allows users to create and monetize AI generated content for use in apps, games, and online communities. The IDO for the Orbofi token kicks off on May 25th. AI continues to be a hot topic and a hot commodity. Following up the success of ChainGPT, a previous AI project launched on Seedify’s platform, Seedify bring us an IDO event for Orbofi AI. This cutting-edge initiative marks Seedify’s continued commitment to…