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Blockchain AnetaBTC, a project that seeks to bring on-chain wrapped BTC to Cardano and Ergo, has announced that the Cardano testnet is now live. In January, anetaBTC released its public testnet for the Ergo blockchain. AnetaBTC wants to bring Bitcoin liquidity into Cardano and Ergo to contribute to the anticipated DeFi explosion of these leading blockchains. Thus, the launch of the testnet, which allows the minting of cBTC, a BTC asset on Cardano similar to wrapped Bitcoin (wBTC) on ETH, is seen as a plus for the Cardano blockchain. The testnet launch is also an important milestone for the launch…

Blockchain On the same day, Shenzhen Data Exchange signed strategic contracts with Ant Technology Group, East China Big Data Trading Center, Alibaba Group, Zhejiang Big Data United Computing Center Co., Ltd., and Zhengzhou Data Trading Center. Among them, Shenzhen Data Exchange signed a cooperation framework agreement with Ant Group, the two sides will jointly build and share high-value data cooperation channels, conduct particular research on compliance data protection, promote research, and connect technologies such as blockchain, secure computing, and AI collaboration. According to the report, the cooperation between the two sides will involve many aspects, including joint building and sharing…

World famous auction house, Sotheby’s, is preparing a multi-part sale featuring NFTs from the Three Arrows Capital (3AC) ‘Grails’ collection. The auctioneer has described the upcoming sale as a significant event featuring some of the most unique and high-quality digital artworks ever assembled.In February 2023, Teneo, the company responsible for liquidating 3AC’s assets, announced the sale of a vast trove of NFTs to recoup some of the losses of the bankrupt Singapore-based firm. Back in July, 3AC estimated its assets at around $1 billion, including NFTs valued at $22 million. The liquidator plans to sell the seized NFTs within 28…

On May 15th, Gala Games will launch a new version of the GALA token. Known as GALA v2, this token will completely replace the current token. Current token holders shouldn’t need to do anything as they will receive an airdrop of the new tokens based on a snapshot that will be taken on May 15th. Gala Games announced a major change coming, with an upcoming launch of a new version of their GALA token. This will replace the old token at a 1 to 1 ratio, with automatic airdrops for anyone holding onto GALA. The team recommends that users remove…

NFT From tokenizing investment assets to game avatars, nonfungible tokens (NFTs) have an array of applications that go beyond digital art, with more projects coming online despite the market downturn in 2022. At the NFT.NYC 2023 conference, Cointelegraph’s team learned first-hand from experts, projects, companies, and the NFT community how the technology is shaping the digital world. Check out the highlights of the three-day event below: NFT games show signs of maturing After years of development, the first batch of NFT-based gaming projects are entering the market, paving the way for a world in which real life and games will…

Blockchain Coinbase’s foray into the Layer 2 area seems to be making solid progress toward a mainnet debut shortly. Meanwhile, a Coinbase official revealed the likely timing for the Base mainnet deployment. The mainnet will be launched in 2023 since the team prioritizes providing it as quickly as feasible. Jesse Pollak, Coinbase’s Base lead and director of protocols, stated in an exclusive interview with TechCrunch that the mainnet launch is the team’s primary goal. While no formal date has been provided, Pollak stressed the need to complete the mainnet as soon as feasible. Base seeks to bring together millions of…

NFT This week, former U.S. President Donald Trump tried to outdo his first bizarre foray into Web3, this time with a non-fungible token (NFT) collection with even more ridiculous art than the original. But it appears traders have grown tired of Trump’s digital trading cards, and volumes for both collections have plummeted on the secondary market. (Sad.) Meanwhile, auction house Sotheby’s (BID) plans to sell a collection of high-value NFTs seized by liquidators of bankrupt crypto hedge fund Three Arrows Capital, putting rare CryptoPunks and Chromie Squiggles up for auction for the first time since the asset portfolio was compiled…

NFT Mattel will be adding a Rarible-powered peer-to-peer marketplace to its virtual collectibles platform on April 27, allowing users to buy and sell their NFTs directly to one another. Mattel is simultaneously launching the fifth series of its popular Hot Wheels NFT Garage, which will be sold in $25 packs. The possibilities include McLaren, Pagani, Aston Martin and many Hot Wheels originals. If a collector gets their hands on certain rare makes, they’ll be eligible to receive a physical die-cast version. Speaking on the dual announcement, Ron Friedman, Vice President at Mattel Future Lab, said when the company launched Mattel…

NFT Starbucks failed to sell out its latest NFT collection, which was modeled on the first coffeehouse it opened in Seattle 52 years ago. Out of the 5,000 NFTs in the Starbucks First Store Collection that were on offer for $100 each this week, only 4,579 sold, according to data from Starbucks’ NFT marketplace partner Nifty Gateway. The performance is starkly different from the coffee giant’s previous Siren collection, which paid homage to the company’s logo and reportedly sold out in under 20 minutes. It is unclear what particularly led to the disappointing results, but NFT activity has generally declined…

This week, Sotheby’s revealed they will auction off seven NFTs from the Three Arrows Capital (3AC) portfolio. Accordingly, the collectibles belong to the “grails” collection – one of the most valuable and rarest drops to date. The list includes CryptoPunks, Autoglyph, and works by Dmitri Cherniak. This auction comes at an uncertain time for Sotheby’s Web3 journey. Recently, the auction house faced backlash for a portrait NFT collection launched earlier this spring and its lack of diversity. Sotheby’s will auction off a collection of very rare NFTs previously owned by Three Arrows Capital. Which NFTs Will Sotheby’s Auction Off in…