Author: Jeremy Ryan

Blockchain BNB Chain is one of the most active blockchains in the industry. BNB Chain’s Director of Ecosystem Growth, Zoe Wei, told DailyCoin that BNB Chain is looking at optimistic and zero-knowledge rollups as scaling solutions. She also revealed the window for opBNB’s launch. Binance, the largest centralized cryptocurrency exchange in the world, has a plethora of different products and services aimed at different user groups. One of its most used products is BNB Chain, one of the most used blockchains in the industry. In April, there were, on average, over one million daily active users using BNB Chain for…

NFT Sotheby’s is set to auction off more non-fungible tokens (NFTs) seized from bankrupt crypto hedge fund Three Arrows Capital (3AC), bringing high-value NFTs like Dmitri Cherniak’s Ringers #879 (often referred to as “The Goose”) out from the vault for the first time since 2021. The second sale of 3AC collectibles from the “Grails” collection will be held in New York on June 15 and will feature 37 works from generative artists like Dmitri Cherniak, Tyler Hobbs, Jeff Davis and more. In a press release, the auction house said that the sale will mark the largest-ever live auction of digital…

Blockchain Blockchain platform Polygon (MATIC) has announced a partnership with telecommunications giant Deutsche Telekom. As part of the partnership, Deutsche Telekom will become one of 100 validators on the Polygon Proof-of-Stake (PoS) network. The collaboration will allow Deutsche Telekom to explore the potential of blockchain technology while ensuring the security and decentralization of Polygon. Through its subsidiary Deutsche Telekom MMS, the company will provide staking and validation services for both Polygon’s PoS network and Supernet solutions, according to a press release. Dirk RÖDER, Head of Deutsche Telekom’s Blockchain Solutions Center, highlighted Polygon’s developer-friendly and secure nature, expressing enthusiasm for the…

NFT Crypto Twitter rallied around a purported cancer patient who was trying to sell NFTs yesterday in an act of community goodwill, but it was left jaded after they turned out to be a scammer who disappeared with the funds. It started when an account called Phoenix posted that they were a cancer patient and trying to make NFTs with pixel art. The tweet was picked up and shared rapidly among many crypto influencers who encouraged people to buy the NFTs and support the artist. Yet it was quickly discovered by some Twitter users including web3 artist Arcanic that the…

Blockchain Centralization: the hideous enemy of freedom and progress in the realm of distributed ledger technology. It often rears its head as soon as developers encounter scaling challenges. In decentralized protocols, the fastest way to move from point A to point B often ironically involves resorting to some sort of centralized mechanism. Forget ideals like censorship-resistance and independence, devs might cry out, we just want this thing to be quick and cheap! The quest for further decentralization in the blockchain space continues, but for some elements, Stephane Gosselin says, centralization might not be such a bad thing, after all. The…

NFT The GNT platform uses advanced AI algorithms to turn images into unique artwork Find Satoshi Lab (FSL) says GNT V3 pushes the boundaries of creativity and self-expression. Users will be able to mint NFTs from their selfies on Solana. Find Satoshi Lab (FSL), the Web3 studio behind STEPN, has announced an artificial intelligence (AI)-powered tool that will allow users to generate NFTs from their selfies. The AI-enabled NFT generator, GNT V3, will work via FSL’s recently launched NFT marketplace MOOAR. According to an announcement posted on the MOOAR Twitter account on Wednesday, GNT V3 will help users mint selfie…

As the Bitcoin NFT trend continues unabated, Ethereum token holders have been given a chance to migrate their assets to the network. However, what is being dubbed as a ‘bridge,’ could be better described as an ‘exile.’Milady Maker tribute project, Bitcoin Miladys, has partnered with Ordinals Market and Xverse to launch the ‘Ordinals Bridge.’ Effectively, this new portal will offer Ethereum ERC-721 NFT holders the opportunity to migrate their assets to the Bitcoin Network. The team will achieve this feat by consigning the original NFT to a burn wallet, then recreating it on the other side with a new ‘BRC-721e’…

A unique collaboration is underway between Fingerprints DAO, Dutch artist Harm van den Dorpel, and none other than the esteemed car manufacturer Mercedes Benz. Their joint venture? A Mercedes NFT collection subtly inspired by the aesthetics of automotive design.This inventive collection, aptly named “Maschine,” is a product of Mercedes-Benz NXT, the automaker’s recently introduced Web3 arm.The Art of Motion: Themes of Velocity and PerceptionAdding an artistic spin to velocity and perception, the collection features 1000 unique tokens based on Ethereum. Each piece of artwork is a visual homage to a wheel in motion.Each piece of art features a circular design…

NFT Find Satoshi Lab (FSL), the parent company behind popular Web3 game STEPN, is rolling out an artificial intelligence (AI) powered non-fungible token (NFT) generator. Called GNT V3, the tool aims to place creativity within the technological intersections of AI and Web3. Working in collaboration with MOOAR, FSL’s recently-released NFT marketplace, GNT V3 takes a user’s selfie as input to create AI-generated images that are minted on the Solana blockchain. Yawn Rong, co-founder of FSL, said in a press release that GNT V3 has the capability to redefine digital identity in Web3. “This is the advent of a new era…

NFT Bull Bitcoin founder and maximalist Francis Pouliot endorsed research by Block21M on Tuesday, which accused a single entity of enjoying majority ownership of Bitcoin Ordinals. Within hours, the community debunked that research. Inscriptions are NFT-like pieces of data attached to subunits of bitcoin using Casey Rodarmor’s off-blockchain numbering system called Ordinal theory. Bitcoin users who opt-in to wallet software that support Ordinals can buy, sell, and transfer these NFTs. Inscriptions can store up to 4MB of data apiece on Bitcoin’s blockchain. Block21M’s research claims a single public key has produced the majority of all inscriptions. However, that key doesn’t…