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Two months after the launch of the Ordinals project, Bitcoin NFTs continue to see increased adoption. Currently, there are over 568,000 inscriptions as more popular NFT projects jump on the Bitcoin chain to mint their unique collections. Now to aid with listing, purchasing, and selling these Ordinal NFTs, Magic Eden has launched a Bitcoin NFT marketplace.In a recent announcement, the leading NFT marketplace noted that it has integrated with Hiro and Xverse, two popular Bitcoin wallets, to allow traders to list, purchase, and sell Bitcoin-based NFTs. Magic Eden is based on Solana; however, lately, the marketplace has been expanding its…
Blockchain Web3 domain provider Unstoppable Domains said Wednesday it’s rolling out Unstoppable Messaging, a platform that will allow users to send encrypted messages to each other from their Polygon-based domains. With the goal of helping Web3 projects curate and build their communities, Unstoppable Messaging aims to help users carry their digital identity across their Web3 experiences. Holders can use their domain endings, such as .polygon, .nft or .x, to send peer-to-peer messages to one another. Sandy Carter, COO and Head of Business Development at Unstoppable Domains, told CoinDesk that its latest messaging service is one step further in the company’s…
NFT On the romance front, SynFutures’ new NFT trading app, NFTures, probably can’t help. But its interface is no doubt familiar to anyone who’s been unlucky enough to use dating apps like Tinder and Hinge. Swipe left to short the CryptoPunk. Swipe right to go long — with up to three times leverage either way. It’s a hilariously degenerate way to think about NFTs. But it moves to reinforce personal taste at a time when NFT marketplaces are catering to high-volume traders. Instead of gamifying speculation with impersonal aggregators, low fees and zero royalties, NFTures places the actual imagery tied…
Two powerhouses in blockchain gaming, Immutable and Polygon, have joined their considerable forces to spearhead the next major push for the industry. The joint effort aims to accelerate the development and adoption of Web3 gaming, and make it easier for studios and developers to build high-quality Web3 games that support “true asset ownership.”Now, game developers will be able to tap into the Immutable zkEVM, a new Ethereum Virtual Machine (EVM) compatible zero-knowledge rollup powered by Polygon, to develop Web3 games. As a result, facilitating an out of the box game development process that is faster, easier, and with fewer risks…
Blockchain ISO 20022 is an ISO standard for electronic data exchange between financial institutions. The standard covers financial information that is transferred between financial institutions, such as payment transactions, securities trading and settlement information, credit and debit card transactions, and more. Thanks to ISO 20022, a huge amount of financial services metadata, stored in UML models with a special ISO 20022 UML profile, has been shared and standardized. Among the organizations using ISO 20022 is SWIFT, which is the world’s leading messaging network through which international payments are made. The standard was developed in 2013, or four years after Bitcoin…
NFT A U.S. federal court judge has dismissed claims by Canadian firm Free Holdings Inc. that work by NFT artist Kevin McCoy was their property. The judge said the plaintiff’s claims sought to exploit murky legal areas surrounding NFT ownership. Quantum Ownership Transfer Not Provable, Rules Judge According to Free Holdings, McCoy had no claim to the artwork he created because he failed to renew his ownership rights to the piece. This failure to act allowed Free Holdings to buy the registration and claim ownership. Auction house Sotheby’s sold the artwork, dubbed “Quantum,” for about $1.5 million in 2021. Quantum…
Blockchain Gaming project Aavegotchi revealed plans to launch its own blockchain called Gotchichain. The network will leverage Polygon Supernets, which is Polygon’s service that allows projects to create their application-specific chains. Aavegotchi is a trading game that resembles the Tamagotchi line of toys from the 1990s. Unlike their real-world counterparts, Aavegotchis carry value in the form of staked tokens and wearables, and they can be traded like any other blockchain token. The team said in a blog on Wednesday that this release allow developers to create Aavegotchi-themed, gaming-based decentralized apps on its dedicated network. “This partnership will allow us to…
Blockchain Blockchain payments ecosystem Nimiq is integrating gas-abstracted USDC transactions for Polygon users within its native wallet. The feature makes it easier for users to process stablecoin transactions without having to hold a secondary token for fees. Seamless USDC transactions Nimiq Wallet users can now send and receive USDC without requiring Polygon’s native matic cryptocurrency to cover gas fees. Users only need to hold USDC. The wallet’s built-in smart contract automatically converts gas fees from USDC into matic under the hood — significantly reducing friction in using USDC for everyday payments. Nimiq is one of the first self-custodial wallets to…
Blockchain A panel filled with professionals working in prominent tech companies discussed the current state of the blockchain space at the ongoing Paris Blockchain Week 2023 conference. Cointelegraph’s editor-in-chief Kristina Lucrezia Cornèr moderated the panel discussion titled “State of the Chain 2023” with panelists Ryan Nitz, the head of solutions architecture at Coinbase; Matthew Savarese, the head of strategy at Nasdaq Digital Assets; Rich Widmann, the head of strategy for Web3 at Google; Dante Disparte, the chief strategy officer and head of global policy at Circle; and Denelle Dixon, the CEO of Stellar Development Foundation. The panelists discussed various topics…
Blockchain Roo Troop recently released a string of tweets to inform relaunching into Polygon. The tweets also revealed that Joey Mob will also be launching on the network. Both platforms will migrate to Polygon on April 12th. This recent collaboration has been undertaken to fight the war against creators. The platforms will also drown out the noise to help them reclaim their focus and time. The announcement follows the announcement by Roo Troop, where they talked about standing against the noise surrounding creator royalties. According to Roo Troop, everyone is delighted to set an example and migrate to Polygon. This…
