Author: admin
Crypto exchange Binance has launched a new update to its fan token platform that focuses on helping sports teams engage with their fans by offering various rewards to tokenholders. In an announcement sent to Cointelegraph, the crypto exchange said that its fan club program will now let fans gather points they can exchange for rewards, including tickets to games, access to meet and greets, video clips from their favorite players and participation in exclusive dinners with the athletes. Fan from Binance Fan Token program at a meet and greet with Luka Romero from Lazio (Italy). Source: BinanceParticipants can collect points by…
NFT A GitHub user known as ynohtna92 has made history by forking the Bitcoin Ordinals protocol to create the world’s first-ever Litecoin Ordinal, a significant development in the cryptocurrency world. In recent cryptocurrency news, a GitHub user who goes by the handle ynohtna92 has created a Litecoin version of the Bitcoin Ordinals protocol by forking the original code. A fork is a split in the blockchain protocol that leads to the creation of two separate versions, each operating on its own network while sharing a transaction history. Forks may occur due to differences in opinions among developers, miners, or users…
Binance has announced a new Fan club program – a redesigned version built on Binance’s previous Fan Token engagement program. The earlier program was initially released in October 2021. Since then, it’s been offering opportunities for sports fans to get more actively and interactively engaged with their favorite teams. These include voting on prize types that fans can win, converting tickets into NFTs, and voting for players of the month. Currently, there are more than 130,000 participants. The new program offers more perks and deploys additional ways for fans to engage with their favorite sports team. It functions as a rewards…
A recently introduced Illinois Senate Bill has been ridiculed by the crypto community over its “unworkable” plans to force blockchain miners and validators to do “impossible things” — such as reversing transactions if ordered to do so by a state court.The Senate Bill was quietly introduced into the Illinois legislature on Feb. 9 by Illinois Senator Robert Peters, but appears to have been only recently noticed by the community after Florida-based lawyer Drew Hinkes discussed it in a tweet on Feb. 19.Titled the “Digital Property Protection and Law Enforcement Act,” the bill would authorize the courts — upon a valid request from…
Multidisciplinary artist and painter, Danny Cole debuts a fashion experience like no other – Creature World. The Creature World Fashion Label was unveiled during this year’s New York Fashion Week. Read on to learn more about this exciting new digital fashion collection. Danny Cole’s “Creature World” At NYFW: What Happened? With the latest capsule, Danny Cole aims to transport guests at the debut show to a “universe filled with giant sculptural environments and live Creatures”. This is where they see the collection in the context of the world it came from. With “Collection 01: Migration”, Danny takes the vibrant artwork…
Blockchain The Helium Foundation has proposed March 28, 2023 as the date for migrating data to the Solana network. The Solana network has high throughput and transaction scalability. After a 24-hour transition, Helium-based protocols, including digital wallets, will become available on the Solana network. Helium-based wallet users will be able to continue using their wallets backed by the original seed phrases. Following the announcement, Solana’s price is up about 11.4% in the past 24 hours to trade at $26.45. In addition, the Helium network is an extensive blockchain with a market capitalization of around $411,518,421 and a 24-hour trading volume…
Blockchain The use of blockchain technology in the healthcare industry has the potential to revolutionize the way medical records are managed, medical research is conducted and patient care is delivered. Here are nine promising use cases for blockchain in healthcare. Medical record management Medical records can be safely stored and managed using blockchain, improving accessibility for patients and healthcare professionals. Patients’ ability to control access to their medical records enhances security and privacy. One example is MedRec, a blockchain-based system for managing medical information created by MIT researchers. MIT Professor Andrew Lippman says the goal of the MedRec project is…
New logo slated for Yuga’s dog-themed NFT collectionThe logo for the Bored Ape Kennel Club (BAKC) from nonfungible token (NFT) conglomerate Yuga Labs is getting a refresh after recently surfaced allegations of intellectual property theft.Yuga co-founder, Greg Solano, more widely known as “Garga” tweeted on Feb. 18 that the BAKC logo would be changing and the project would “debut the new logo soon.”Saw the claims today about the BAKC logo. This was news to us and we’re still investigating the situation. Have reached out to the freelancer we hired for that design and Easy Drawing Guides. We’ll be changing the…
The buzz around Ordinals, or as they are commonly referred to as Bitcoin NFTs, continues. What is more, someone has traded their CryptoPunk for one from the Ordinals collection in what seems to be the first swap of this kind. Bitcoin NFTs (inscriptions through the Ordinals protocol on the Bitcoin network) continue to perform and to drive a discussion within the community. One of the most popular collections is that of the Ordinal Punks. It is made of 100 punks with the style of the traditional CryptoPunks collection and is inscribed within the very low inscription numbers on the Ordinals…
Blockchain The provincial government of Bataan in the Philippines plans to enact the Community-Based Monitory System Act (CBMS) with blockchain technology, Governor Joet Garcia said in an interview with The Daily Forkast. “Through data sharing agreements and as well as getting the consent of our citizens on which information can be shared, which information should be sent to the local government, which information can be used by the national government agency providing such services, blockchain can help here,” Garcia said. Bataan is located southwest of central Luzon, the country’s biggest island. Last month, the provincial government announced it is making…
