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NFT Twitter CEO Elon Musk on Wednesday delighted fans of the counterculture non-fungible token (NFT) collection Miladys, when he shared a meme containing the instantly recognizable image of one of the avatar NFTs overlaid with the words, “There is no meme, I love you.” The collection instantly shot to the top trending spot on NFT marketplace OpenSea, with the floor price briefly hitting an all-time high of 7.3 ETH (approximately $13,700), then dipping back down to 5.6 ETH at press time. The collection has seen a 59% increase in floor price over the past seven days. See Also: Miladys NFT…

NFT Tabi, the nonfungible token marketplace previously as Treasureland, has completed a $10 million angel funding round, the BNB Chain-based platform announced on May 10. The funding was seeded by venture capital firms Animoca Brands, Binance Labs, Draper Dragon, Hashkey Capital, Infinity Crypto Ventures and Youbi Capital. Individual investors include Bo Feng of Dragonfly Capital, Riyad AD of Saudi Arabia, and Suji Yan of Mask Network. According to developers, the funds will be primarily used to develop Tabi’s gaming ecosystem and construct its upcoming on-chain identity protocol. Aside from its NFT trading and launchpad features, Tabi converts users’ on-chain activities…

Blockchain Urbit isn’t a blockchain, but it was started seven years before bitcoin, with a similar idea of attempting to create a peer-to-peer network that is free from the influence of big companies or the government. That’s a key reason Urbit often gets discussed in the context of crypto and invited to blockchain-industry conferences. One doesn’t have to spend a lot of time on the Urbit Foundation’s website to come across some of the themes popular among blockchain advocates – the idea of trying to short-circuit middlemen and centralized applications that dominate online activity. “We think the internet can’t be…

NFT TABOO raises $10M at a $250M valuation, led by ex-JP Morgan senior executive. Blockchain and NFT technologies fuel TABOO’s rapid growth in the adult entertainment industry. The new funding will help expand TABOO’s market share and strengthen its industry position. TABOO Network, a cutting-edge adult entertainment and media platform, recently announced the successful close of a $10 million funding round. The company now boasts a valuation of $250 million, with the investment spearheaded by a private family office led by a former senior executive from JP Morgan. The spokesperson of the private office leading the investment stated, We are…

The mobile gaming landscape is experiencing a breath of fresh air with the introduction of DEFY, a play-and-earn blockchain game. DEFY provides an immersive experience for players by bridging the virtual and physical worlds. Its distinctive fusion of hyper-casual code-cracking gameplay and tangible exploration via augmented reality (AR) distinguishes DEFY in the gaming industry.What is DEFY?Set in the near-future dystopian world of 2049, a Revolutionary Movement led by kha0s and his crew aims to take down the faceless corporation Future Systems. This sinister corporation has gained dangerous levels of control over global networks that run cyberspace, leaving the general population…

Meme coins are all the rage these days, and investors are jumping on the bandwagon faster than a cat chasing a laser pointer. But which meme coins are making waves in the market? Let’s take a closer look.Pepe CoinSource Pepe CoinFirst up, we have Pepe Coin – the hot and volatile meme coin that’s been causing a stir. While some investors are wary of its ups and downs, others can’t resist the allure of Pepe’s charm. Factors contributing to its success include the undeniable cuteness of the meme and the passionate community that supports it. However, the coin faces the…

Blockchain Boba Network, the leading multichain Layer 2 (L2) solution and the exclusive active L2 on BNB Chain, revealed today that its groundbreaking platform, BobaBNB, achieved an impressive milestone in April, processing an unprecedented 2,863,240 transactions. This remarkable figure marks a substantial surge from the previous months, with 585,818 transactions in March and 99,362 transactions in February. Bolstered by its user base of over 45,000 wallets, BobaBNB currently handles an average of more than 100,000 transactions on a daily basis. The attainment of these significant milestones serves as a testament to the increasing acceptance and utilization of BobaBNB. By delivering…

Blockchain The Venom Foundation has unveiled a groundbreaking strategic partnership with the Government of Kenya to establish a dynamic “blockchain hub” in Africa. This collaborative initiative will prioritize the advancement of Web3 and blockchain technology applications, with a particular emphasis on driving innovation in vital sectors. This includes financial infrastructure, supply chain management, agriculture, small and medium-sized enterprises (SMEs), and cross-border trade. By leveraging this alliance, Kenya and the wider African continent are poised to reap substantial benefits and usher in a new era of technological progress. Christopher Louis Tsu, CTO of the Venom Foundation, said: “Africa is already rich…

Blockchain Arbitrum (ARB), one of the most functional Ethereum-based Layer 2 scaling solutions, has shared an insight into its adopted mechanism for managing the fees generated on its platform. Taking to its official Twitter handle, Arbitrum said it is the “only rollup that sends all surplus revenue generated by transaction fees to their respective DAO.” Fee generation model According to the insights shared by the protocol, all users on Arbitrum One pay a fee when transacting on the network. This fee is split into two components, including L1 fees for covering transactions on Ethereum and L2 fees for Arbitrum fees.…

Blockchain EY, the professional services giant, has started an Ethereum-based platform for enterprises to track their carbon emissions and carbon credit traceability. The EY OpsChain ESG made the announcement at the firm’s Global Blockchain Summit in London. The platform is now available in beta version on the EY Blockchain SaaS platform. The system uses carbon emission tokens developed by standards body the Microsoft-backed InterWork Alliance, part of the Global Blockchain Business Council (GBBC), of which EY is also a member. Over the past few years, enterprises have looked to blockchain technology to track and trace elements of their workflows, from…