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NFT NFT markets are much quieter these days, but “blue chip” NFTs are still pretty pricey. Granted, prices have crashed massively — more than 90% — from the peak insanity days of Justin Bieber million dollar Bored Ape buys, but they’ve held pretty steady since the plunge to reality. Even through the tumult of terrible market conditions, blue chips have naturally held their value far better than the average digital asset. The floor price of a CryptoPunk, for example, is still hanging around 50 ETH, despite subdued sentiment. But other than bragging rights and speculative flipping, many of the most…
Blockchain Securities token platform INX has launched a wallet with compliance features for institutions, according to a May 3 announcement. The new wallet was created in partnership with wallet infrastructure provider BitGo and uses multi-party computation (MPC) technology. Exciting announcement! INX now collaborates with @BitGo to enable institutional #investors to fully and confidently participate in the #security #tokens market and the greater digital economy: ⤵️https://t.co/AbpdS86lYk — INX (@INX_Group) May 3, 2023 INX securities tokens exist on the Ethereum network and follow the ERC-1404 token standard. The standard was created in 2018 to allow for compliance-friendly Ethereum tokens. These tokens can…
NFT LeBron James, arguably the most famous basketball star today, was photographed wearing special-edition Nike sneakers that can only be purchased by minting an Ethereum NFT created by Nike subsidiary, RTFKT. And the RTFKT founders apparently also presented the living legend with his very own Clone X NFT avatar, as well. James was seen wearing the RTFKT x Nike Air Force 1 Genesis sneakers on Tuesday ahead of the Los Angeles Lakers’ Game 1 victory against the Golden State Warriors in the NBA’s Western Conference Semifinals. The Lakers tweeted a photo of James wearing the black and red kicks, alongside…
beginner Are you tired of the hassle of calculating your cryptocurrency taxes? With the rise of digital currencies, keeping track of all your transactions and their accurate reporting to the IRS becomes a challenge. But what if there was a solution capable of simplifying the process for you? As the popularity of cryptocurrencies continues to grow, so does the need for efficient tax reporting. The IRS has been cracking down on crypto tax evasion, making it more important than ever to file your taxes correctly. Fortunately, several crypto tax software options are available now to help you navigate the complex…
Singapore-based MMA entity, One Championship, has partnered with Animoca brands subsidiary, Notre Game, to develop a mixed martial arts mobile game featuring NFTs. Dubbed One Fight Arena, the mobile strategy fighting game will enable fans to engage with the sport via the digital realm.The game is set to debut in early 2024, with testing slated for later this year by a select group of players. According to sources, the characters will be backed by NFTs, making it easy for players to verify their authenticity and track their history. That said, the game is set to be released as a free-to-play title…
Blockchain AllianceBlock’s NexeraID has joined the World Wide Web Consortium (W3C) to influence the direction of self-sovereign identity solutions and contributes to developing global standards for identity management. The company building seamless gateways between decentralized (DeFi) and traditional finance (TradFi) announced NexeraID, AllianceBlock’s solution for self-sovereign identity issuance and verification, joined the W3C on May 3, as per the information shared with Finbold. NexeraID allows businesses to easily onboard customers to Web3 with either self-custodial or custodial wallets by serving as a self-sovereign identity issuing and verification platform. In particular, NexeraID protects user identities and assets while streamlining complicated compliance…
Blockchain Cronos, a well-known blockchain platform that permits swift porting of smart contracts and apps from Ethereum as well as the EVM-compatible chains, has made a new collaboration. The company has stated that it has recently partnered with XDEFI (a non-custodial wallet offering secure swaps). Cronos Takes XDEFI Wallet as Its Collaborator to Increase Accessibility to Assets on It On the official Twitter channel linked to the platform, Cronos noted that its latest partnership will be beneficial for it in several aspects. The firm mentioned that the new collaboration has resulted in the integration of Cronos into the XDEFI wallet.…
Blockchain The NEAR Protocol has partnered with Shemaroo Entertainment to promote Web3 adoption in the Indian media and entertainment market. NEAR x Shemaroo Comes To India Shemaroo Entertainment Limited, one of India’s leading media conglomerates, has joined hands with the NEAR Foundation to promote the adoption of Web3 technology in the Indian media and entertainment industry. The two organizations have signed a strategic partnership agreement to leverage the benefits of blockchain technology for content distribution and monetization. According to the official announcement made by the NEAR Foundation, the partnership will focus on building decentralized applications (dApps) that utilize blockchain technology…
Mere hours after the launch of Blend, Blur’s all-new lending platform, and the space is already filled with FOMO, intrigue and questionable buying decisions. Upon launch, folks far and wide aped into the Milady Maker NFT collection, which could very well result in a classic trading death spiral.On May 2, Blur launched its slick new Blend platform that allows NFT owners to unlock the innate value of their digital collectibles. Essentially, providing them with the means to take out loans against their NFTs, while on the flipside, enabling liquidity providers to earn interest on the supplied ETH.Through this new function,…
Blockchain With the integration of its API Portal on Google Cloud Marketplace, Flare, a Layer 1 blockchain that provides decentralized access to high-integrity data from other chains and the internet, has launched some of the first blockchain APIs to be made accessible on the platform. This makes it possible for developers utilizing Google Cloud Marketplace to access blockchain data from Flare’s nodes and Connected Chain nodes to carry out simple blockchain transactions and read the most recent state. The built-in Cloud Marketplace for Google Cloud now supports blockchain APIs for Algorand, BNB Smart Chain, Bitcoin, Dogecoin, Ethereum, Flare, Litecoin, Songbird,…
