Author: Jeremy Ryan

NFT Users of NFT borrowing and lending protocol Blend have taken out loans totaling nearly a quarter of a billion dollars. And it’s only Blend’s first month. The market has taken note, and Binance has also moved into NFT lending. How worried should Blend’s competitors be? Blend, the NFT borrowing and lending protocol developed by Blur in partnership with Paradigm, claims to have had an impressive first month. Since its launch on May 1, Blend has facilitated over 15,800 loans totaling 123,500 ETH ($224.4 million), according to a report by Nansen. A Bumper First Month Blend stands out from its…

Blockchain Janet Adams, COO of SingularityNET, believes blockchain is crucial for democratizing powerful technologies like artificial intelligence (AI). A view that runs contrary to the prevailing sentiment that AI and blockchain are incompatible. Janet Adams, the chief operating officer of SingularityNET, the company behind the most popular AI utility token, AGIX, believes blockchain is crucial to democratizing AI. Speaking exclusively to BeInCrypto, Adams went against the grain of much of the industry, which largely believes the two technologies cannot integrate. SingularityNET’s Role SingularityNET is a decentralized platform that aims to facilitate the creation, interaction, and coordination of AI. “Blockchain is…

NFT Peter Schiff is co-launching an NFT art collection using the Bitcoin blockchain. The NFT collection will be open for bidding on June 2 and will close on June 9. Schiff has always been a supporter of gold as a store of value and is critical of Bitcoin. Peter Schiff has always maintained his animosity with Bitcoin (BTC) supporters and is one of the most vocal critics of the top cryptocurrency to this day. However, it appears Schiff has found a compromise and has now dipped his toes in Bitcoin — in the BTC blockchain, at least. In a recent…

Life Beyond opens up a new addition to their Hub, with a virtual simulation experience known as the Solo Combat Trials. These Trials server as a challenge, a source of bragging rights, and a training ground, all in a safe, virtual simulation! While we still wait to return to the planet of Dolos, Life Beyond has given us The Hub, a centralized social and informational space. Now, a new feature arrives in The Hub called Solo Combat Trials. Solo Combat Trials Solo Combat Trials see players face off against obstacles and enemies in a generated simulation. The challenges become increasingly…

NFT Burnt Toast, the originator of the NFT project Doodles, guided the creation of this series. The items are all from the 2023 Red Bull Doodles Art finalists’ individual artworks. Red Bull Doodle Art, a platform founded in the Netherlands, acts as a catalyst for empowering a new generation of artists globally. It allows students and creatives to use just a pen and paper to release their imaginations and express themselves via innovative doodles. Vayner3 has joined up with Red Bull and famous digital artist Burnt Toast for the Red Bull Doodle Art Program 2023 in a unique partnership. Avery…

NFT This week, Bitcoin NFTs are having their moment, placing them just behind Ethereum NFTs in terms of sales. Meanwhile, NFT lending platforms and loan services are also gaining momentum. Blur’s Blend is dominating with 82% of the NFT lending market share, while Binance has released its own NFT loan service that allows holders to use their blue-chip NFTs as collateral to secure ETH loans. Also, Nike’s .SWOOSH platform released its first collection of digital sneakers, which netted over $1 million in sales so far, though the mint process was not a walk in the park for eager buyers that…

Blockchain On the recent episode of Unchained’s new show, The Chopping Block hosted a thought-provoking conversation with Sreeram Kannan, the founder of EigenLayer. Kannan provided a fresh perspective on the recent precautionary post about Ethereum’s consensus, warning against excessive risk-taking. So what’s the deal with that Vitalik post on re-staking? ????@hosseeb and @tarunchitra discuss why Vitalik, like any religious leader, has to drop a good sermon now and then.???? Listen now: https://t.co/wW6h0k6ibj pic.twitter.com/Iq9kpLYfKI — Laura Shin (@laurashin) May 25, 2023 During the show, while host Robert Leshner acknowledged the risks of overloading Ethereum’s consensus, as addressed by Vitalik Buterin in…

Blockchain World Mobile’s Android application on Google Play now has a viable commercial version available to all inhabitants of Zanzibar, a Tanzanian archipelago in East Africa. World Mobile introduces its first commercial telecom network in Zanzibar According to the press release shared with U.Today, World Mobile, an application and a telecom network that leverages blockchain-based data structures for establishing mobile connection, launches its commercial version in Zanzibar. Free mobile application for Android OS streamlines data bundle management and provides a platform for users to create a self-sovereign ID. With this identification module, users can try working with third-party services. Together…

NFT It’s official: the NFT ticketing program in partnership with Polygon, Elemint, Bary and Platinium Group will be launched for the first time at the Formula 1 Monaco Grand Prix. Below are all the details. NFT ticketing available for Formula 1 thanks to Polygon NFT ticketing: all the details Statements regarding the new NFT tickets in partnership with Polygon NFT ticketing available for Formula 1 thanks to Polygon As anticipated above, the Formula 1 Monaco Grand Prix is the launch event for an exclusive NFT ticketing program launched in partnership with Polygon, Web3 companies Elemint and Bary, and Platinium Group,…

NFT Starbucks is preparing an NFT airdrop for members of its Odyssey rewards program as part of the company’s foray into Web3. Users will have to meet specific criteria to be eligible to receive a so-called “limited-edition stamp” from the coffeehouse giant, Starbucks told Odyssey members in an email obtained by Blockworks. First, the airdrop is only available for US residents. Second, each participant must be a Starbucks rewards member, and enrolled in Starbucks Odyssey, the company’s waitlisted Web3 rewards platform. The program launched in beta back in September 2022, and remains available only to a select number of individuals.…