Author: admin

Gary Vee NFT passion project, VeeFriends, has introduced Burn Island, a new initiative that aims to bring more utility to NFT holders. Burn Island is a “deflationary platform,” allowing VeeFriends NFT holders to burn their NFTs in exchange for tokens and unique experiences within the VeeFriends framework. These rewards may include rare NFT collectibles, access to special events, and physical or virtual rewards.Burn Island is an extension of VeeFriends’ commitment to creating a sustainable and engaging ecosystem for NFT collectors. By launching Burn Island within the VeeFriends ecosystem, holders can receive rewards and contribute to reducing the overall supply of…

South American blockchain technology company IoV Labs has launched its Rootstock Infrastructure Framework (RIF) Flyover designed to enable seamless bitcoin (BTC) transfers. According to a press release CryptoPotato, the open-source protocol would act as a bridge to enable faster transactions between the main Bitcoin blockchain and the Rootstock sidechain. IoV Labs Unveils RIF Flyover IoV Labs’ RIF is a suite of open, decentralized infrastructure protocols that allow for the faster development of scalable decentralized applications (dApps) within a unified environment. RIF Flyover is the latest addition to the protocol set. RIF Flyover, known as a Repayment Protocol, is designed to…

Blockchain Blockchain technology services provider ConsenSys acquired Hal, a no-code blockchain development tooling platform, to disrupt alerts and notifications at the protocol level in Web3. The acquisition will allow ConsenSys’ Web3 API provider Infura to integrate Hal’s configurable webhooks or notification service in its developer stack. As a result, the move will help developers create alerts and notifications at the protocol level for various signals. According to ConsenSys, Infura offers a suite of tools to connect apps, which the developer community can use to connect apps to the Ethereum network and other decentralized platforms. A workflow showing how Infura facilitates…

Trading volume for NFT marketplaces Blur and Opensea is soaring as NFT traders regain confidence. The year is starting with a bang for NFT trading, and there’s a new marketplace in town. In fact, Blur marketplace is clearly overtaking Opensea as the number 1 NFT marketplace in the world.The new rival for Opensea caters for professional traders on the Ethereum network, and is incentivizing them to actively trade NFTs.Indeed, Blur’s new rewards scheme is taking off. According to DappRadar, the marketplace has seen $502.02M in trade volume in the last seven days – up 415% from the previous week. By comparison,…

NFT After establishing NFT-based fantasy sports games around the National Football League (NFL) and Ultimate Fighting Championship (UFC), sports betting firm DraftKings announced today that it will launch an NFT fantasy golf game in partnership with the PGA Tour. DraftKings will roll out the Reignmakers PGA Tour experience in March, following the same kind of format as with its previous NFT projects. Digital cards based on PGA Tour golfers will be minted and sold via Polygon, an Ethereum sidechain network, and users can compete for millions of dollars’ worth of cash prizes. Just like in traditional fantasy sports games, users…

Shark Tank investor and venture capitalist Kevin O’Leary has urged crypto exchanges to “get on board with regulation” if they want to “stay out of the way” of Gary Gensler and the United States Securities Exchange Commission.In a Feb. 20 interview with TraderTV Live, O’Leary said that U.S. lawmakers are “fatigued” over crypto collapses and that they’re only going to get more ruthless if companies continue to not comply:“You got to get on board with regulation, you got to stay out of the way of Gensler at the SEC and other regulators. Those hombres [men] in Washington are not happy.…

Blockchain Chris Georgen, founder of the social impact-focused blockchain company Topl, believes that many consumers are unaware of the consequences of their buying habits. “Forced labor, deforestation, the destruction of endangered habitats… As responsible citizens of the world, we wouldn’t knowingly support, condone or participate in anything like this,” he tells Magazine. “Unfortunately, too often, what we buy can lead to this (and sometimes worse). Whether we know it or not, the things we buy profoundly impact the lives of others and the health of our planet.” Blockchain may not be able to solve these problems directly, but it can…

Blockchain Deutsche Bank (DBK) and Memento Blockchain have successfully completed a proof of concept – known as Project DAMA (Digital Assets Management Access) – to provide a more efficient, secure, and flexible solution for digital fund management and investment servicing. Deutsche said in a Tuesday report that the project aims to address the challenges associated with launching and accessing digital funds. “This proof of concept was also awarded the Monetary Authority of Singapore’s Financial Sector Technology and Innovation (FSTI) Proof of Concept (POC) grant on 5 August 2022,” the bank said. The german bank said in its report that fees…

Blockchain The Central Bank of Nigeria (CBN) is looking to develop a new system for its digital currency, the eNaira, and is in early-stage talks with New York-based blockchain firm R3, Bloomberg reported on Tuesday, citing people familiar with the matter. The CBN wants to “develop its own software for the digital currency so that it can keep full control of the effort,” according to Bloomberg. Nigeria was the first African nation to issued a digital version of its national currency in October 2021. Nearly a year later, the central bank announced the eNaira had been used for around $10…

‘Less interest than anticipated’ — PROOF cancels NFT eventKevin Rose, the co-founder of the nonfungible token (NFT) collection Moonbirds, has confirmed that their flagship conference, “Proof of Conference,” scheduled for May, has been canceled, citing “less interest than anticipated.”We made a tough decision today, I want to apologize to everyone that planned on making the trip out. Full ETH refunds have been processed, hotels are refundable, and contact us about flights. (details below) https://t.co/tV4ba85648— KΞVIN R◎SE (,) (@kevinrose) February 20, 2023 The conference was first announced in early November. It was scheduled for May 11 to May 13 in Los…