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Blockchain Singapore, Singapore, 28th February, 2023, Chainwire Huobi, a v irtual asset trading platform, announced to join the BTTC (BitTorrent Chain) ecosystem and to support the development of a layer 2 network based on BTTC. The goal is to promote an on-chain open financial system. BTTC, the L2 solution for Ethereum, TRON and BNB Chain, was launched in December 2021 with ZK (Zero Proof of Knowledge) technology to be introduced later this year. This enables users to build decentralized applications anywhere and provides a secure, low-cost and fast development environment for dApps, thus creating an on-chain open ecosystem. At its…
Mizuno, a Japanese sports gear manufacturing giant, is the latest to jump on the NFT bandwagon. The company is set to release its first line of non-fungible tokens that will cover the three major sports it is involved in: football (soccer), judo, and athletics.To bring forth the NFTs, Mizuno partnered with Ryokke Draw, a digital artist, to create the artworks. Some of these feature representations of several Japanese champion judo practitioners, such as Naohisa Takafuji and Hifumi Ame.Credit Mizuno JudoMizuno is one of the top manufacturers of judo gear in the world. The company supplies sportswear for the Japanese, USA,…
Get ready to embark on a mystical journey into the shadowy realm of ‘The Mayfair Witches’ as Orange Comet releases the next stage of the ‘Immortal Universe of Anne Rice’ to the Metaverse. On March 7th, the well-oiled NFT machine will launch a magic-wielding array of NFT passes to unlock a new, deeply gothic domain within the folds of the virtual plane.Heading this way with mystical precision, Orange Comet has continued its mighty partnership with AMC to deliver ‘The Mayfair Witches Pass.’ A beguiling collection of high-utility NFTs, all wrapped in a finely crafted, jewel-encrusted digital key. Each possesses the power to…
Binance branded stablecoin, Binance USD (BUSD), is a dollar-backed stablecoin issued by blockchain infrastructure platform Paxos Trust Company, and is the third largest stablecoin after Tether’s (USDT) and Circle’s USD Coin (USDC).Paxos has claimed in the past that BUSD is fully backed by reserves held in either fiat cash or United States Treasury bills. BUSD was reportedly authorized and regulated by the New York State Department of Financial Services (NYDFS).Paxos partnered with crypto exchange Binance in 2019 and launched the stablecoin, which received approval from the NYDFS. Binance CEO Changpeng Zhao has stated that the exchange licensed the Binance brand…
NFT Key Points: Like many NFT exchanges that want to compete with OpenSea, Blur uses tokens and an airdrop strategy to attract NFT users. Right from the first day of its launch, Blur announced an airdrop of tokens for users and NFT traders. Blur NFT market finally announced the long-awaited airdrop on February 13. After the airdrop, many participating users dumped BLUR tokens mercilessly, causing its price to drop dramatically serious, reduced to $ 0.5 – $ 0.7 compared to $ 5 when listing the floor. BLUR’s trading volume in the following hours was over half a billion dollars. The…
NFT Investment in the area of phygital commerce — the blending of the physical and digital worlds in the customer’s experience — has remained strong, despite an unruly end to 2022 for the blockchain industry. The concept of a blended marketplace — where physical and digital commerce combine — has piqued the interest of many Web3 companies, creators and tech giants alike. The adoption of non-fungible tokens within the fashion arena, in particular, has gained huge momentum in recent months. Many fashion conglomerates such as Gucci, Vans and Ralph Lauren have demonstrated their commitment to this new era of commerce,…
NFT One of the original core developers behind Bitcoin (BTC), Luke Dashjr, has taken to social media to call out an auction site that has used his name and code without his consent to create and sell a “misleading” NFT. The core developer said he hasn’t been the first Bitcoin developer to have his name or his work used in this way. In a Feb. 27 post on Twitter, the developer revealed a non-fungible token (NFT), featuring a picture of code he wrote, was sold at auction site for 0.41 Bitcoin (BTC), or roughly $9,500 at the time of writing.…
Worldwide Webb, the retro-style Ethereum NFT Metaverse game, has raised $10 million in a successful funding round led by Pantera Capital. The game supports over a million NFT avatars and enables players to engage in battles between popular NFT collections such as Bored Apes, CryptoPunks, Doodles, Cool Cats, Deadfellaz, and many more.1/ We are thrilled to announce that Worldwide Webb has raised $10 million in a round of financing led by @PanteraCapital. https://t.co/gJCTL0YXrG— Worldwide Webb (@Worldwide_WEB3) February 23, 2023The massively multiplayer online role-playing game (MMORPG) was launched in 2020, with the first build released in November 2021. The interoperable browser-based…
Alchemy Pay has obtained a license from the central bank of Indonesia to operate remittances and fund transfers in cooperation with local fintech firm Berkah Digital Pembayaran.Announcing the news on Feb. 27, Alchemy Pay noted that Bank Indonesia issued the licenses jointly to Alchemy Pay and Berkah Digital’s platform BDPay, enabling the firms to offer better payout methods and reduce associated operating costs.Fiat-to-crypto payment provider Alchemy Pay is expanding services in Asia by scoring new regulatory approval in Indonesia.Exciting news! #AlchemyPay and @mybdpay have jointly received license from the Central Bank of Indonesia to operate remittances and fund transfers.Read more…
Bored Ape Yacht Club (BAYC) creators Yuga Labs has announced a new NFT collection on Bitcoin dubbed “TwelveFold.” The move was announced via Twitter on Feb. 28, with Yuga Labs unveiling 300 tokenized computer generated artworks as part of the TwelveFold collection that will go up for auction later this week. Introducing TwelveFold. A limited edition collection of 300 generative pieces, inscribed on satoshis on the Bitcoin blockchain.https://t.co/aFWEIhzqcI pic.twitter.com/PjWABKKBr4— Yuga Labs (@yugalabs) February 27, 2023 In an accompanying blog post, Yuga Labs explained the concept behind the collection is based on mathematics, time and the Bitcoin blockchain. “TwelveFold is a…
