NFTs

Cashtokens Take Center Stage Following Bitcoin Cash Upgrade: Över 26,000 Tokens Created

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Following the recent Bitcoin Cash upgrade on Monday, data reveals that approximately 1,308 fungible tokens and 25,336 icke-fungibla tokens (NFTs) have emerged on the blockchain. Dessutom, the Cashtokens token ecosystem is now accessible through the blockchain explorers 3xpl.com and salemkode.com, allowing…

Reverse Engineering the Future: Bitcoin.com Team Members Weigh In on ETHGlobal Tokyo Hackathon

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The ETHGlobal Tokyo hackathon drew to a close on Sunday, as builders from around the world competed for $375,000 in prizes. The event was kicked off with the first-ever ETHGlobal “Pragma” summit, sponsored by Verse, bland andra. Engineers and representatives from…

Meta Winding Down Support for NFTs on Facebook, Instagram

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U.S. tech giant Meta is giving up on operations with non-fungible tokens (NFTs) amid ongoing turbulence in the crypto space. The company allowed creators to share digital collectibles on its leading social media platforms last year. Meta Platforms Cutting Off Support…

BRICS Nations ‘Coalescing Against the Dollar,’ Major Banks Predict More Fed Hikes, Bitcoin Records Large Blocks as Ordinals Gain Currency

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In spite of turbulence in traditional global finance, with BRICS nations said to be pushing for de-dollarization and major banks like Bank of America and Goldman Sachs predicting further interest rate hikes from the U.S. Federal Reserve, creativity in crypto has…

Ordinal Inscription Collections on Bitcoin Blockchain Grow as Creators Monetize Art

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With more than 150,000 Ordinal inscriptions on the Bitcoin blockchain, there are now numerous collections as creators and artists have found a new way to monetize their artworks via blockchain technology. In the past month, people have launched collections such as…

Opensea Drops Fees to Zero and Announces New Creator Earnings Model in Response to Shifting NFT Landscape

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The largest marketplace for non-fungible tokens (NFTs), Öppet hav, has announced major changes to its fee structure and policies in response to a shift in the NFT ecosystem. The company detailed that it will drop fees to zero for a limited time…

Moonpay and Looksrare Partner to Bring Convenient NFT Purchasing to the Masses

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På torsdag, the fiat-to-crypto onramp business Moonpay announced a multi-year partnership with the non-fungible token (NFT) marketplace Looksrare. According to the deal, Looksrare will allow marketplace users to buy and sell crypto assets through Moonpay’s services. Moonpay and Looksrare Join Forces…

Bitcoin’s Average Transfer Fees Experience Sharp Increase: 122% Rise in 10 dagar

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Statistics show transfer fees on the Bitcoin network have increased 122% since the end of last month, as the average transaction fee has climbed from $0.767 till $1.704 per transaction. The rise in onchain fees coincides with the new Ordinals digital…

Debate Intensifies Over Significance and Implications of Ordinal Inscriptions on Bitcoin Blockchain

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During the past two weeks, members of the cryptocurrency community have discussed the non-fungible token (NFT) concept known as Ordinals. Since the 3.96 MB block (#774,628) was mined, there has been a significant increase in Ordinal inscriptions on the Bitcoin blockchain….

Axie Infinity’s Monthly Player Count Drops to Low Not Seen Since November 2020

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After recording $4.26 billion in total non-fungible token (NFT) försäljning, the play-to-earn game Axie Infinity’s monthly player count has dropped to levels not seen since November 2020, a period of 26 månader. Despite the low player count, the project’s native token,…