In a bid to tackle some of the environmental concerns caused by energy-guzzling blockchain operations like Bitcoin mining, New York lawmakers passed a bill targeting proof-of-work mining (PoW) on Friday, June 3. The bill mainly targets Bitcoin (BTC) and other cryptocurrency projects that utilize the proof-of-work algorithm to authenticate transaction
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In the era of speculative crypto assets, GGCM is bringing back gold standards by creating a robust infrastructure that lets you invest without speculating. The GGCM project is integrating the value of Gold and other precious metals in the blockchain ecosystem to make it easier for people to invest. GGCM
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By integrating IQ Protocol into the Magic Square ecosystem, risk-free borrowing has never been easier Magic Square is excited to announce that IQ protocol is now a part of the Magic Square ecosystem. With IQ protocol, our users can easily rent NFTs, unlocking billions in utility. IQ Protocol is a
Zora, an open-source NFT marketplace protocol that allows users to buy, sell, and store digital collectibles, has launched what can be described as “the most powerful NFT API” to date. The ZORA API makes it easy to retrieve NFT metadata, monitor on-chain events, analyze sales activity, and so much more.
Banks have begun to succumb to the public’s outcry for crypto services as concerns over inflation continue to rise. Two Argentine banks, in particular, have taken the bold step and are set to start offering crypto services in collaboration with Lirium. Nevertheless, Argentina’s central bank’s (BCRA) ban
Earlier this week, Tim Beiko, the Community Manager at Ethereum Foundation took to Twitter to share news of a Merge ‘Dress Rehearsal’ slated to happen on Ethereum’s Ropsten testnet network. 📣 Ropsten Merge Announcement 📣 Ethereum's longest lived PoW testnet is moving to Proof of Stake! A new beacon
With the 33rd edition of the annual Worldwide Developers Conference (WWDC) set to kick off on June 6, tech behemoth Apple has revealed four software models – OS 15, iPadOS 15, macOS Monterey, and watchOS 8 – that are currently in development. But that’s not the interesting part. MacRumors, an avid
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The launch of Bitcoin over a decade ago opened up a plethora of opportunities for both the emerging market at that time and several markets. Like most industries, the sports betting market is problem-laden, ranging from the inability to fund accounts seamlessly, delayed payouts after wins, the absence of rewards
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In a surprise turn of events, Belgian pro-footballer and Manchester City player Kevin De Bryune announced his new partnership with Phemex. This move could change the crypto landscape as we know it. Some even say this could be the game-changer that finally brings legitimacy to the crypto world in a
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Unlike the vast majority of NFT projects that seek to connect the virtual world with the real one, Chill Benji, on the contrary, connects reality with the virtual world. This collection of 10,000 3D artworks with 6 rarity traits that make each NFT unique - comes from the real
From Gucci to Balenciaga, and Balmain, many luxury fashion brands have jumped on the NFT frenzy. Prada is the latest to join the party. The luxury Italian fashion house will be dropping its first independent NFT collection this Thursday. Dubbed Timecapsule NFT, the drop of 100 Ethereum NFTs will go
Bitcoin and the general crypto market have recorded significant losses over the past few weeks. The flagship cryptocurrency was poised to extend its losing streak to a record nine weeks. However, this was narrowly broken in the late hours of Sunday after Bitcoin jumped to a seven-day high of $30,
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The metaverse is an extension of the physical world into a limitless digital realm that's far more exciting and unbridling. For what the sphere holds, the total valuation of web 2.0 metaverse companies was estimated to be north of $14 trillion by Q4 2021. Meanwhile, according to
Devon Henry, an entrepreneur known for taking down the Confederate monuments in Richmond when several contractors were afraid to touch them, is continuing with his acts of heroism, but this time with digital collectibles. Henry is repurposing the legacy of his team into a charitable CryptoFederacy project that shines a
eCarbon, a blockchain-based company that is focused on democratizing access to carbon emissions allowances, closed its initial funding round last week. Although the terms of the round were undisclosed, proceeds will be used to develop a novel blockchain technology and will give users access to carbon emissions allowance products on
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Earlier this week, Turkish-American artist Refik Anadol auctioned his AI-based NFT collection for $6.2 million, the Korea Herald reported. Dubbed “An Important Memory for Humanity,” the limited-edition NFT collection includes data visualizations from the first-ever civilian spaceflight. “The collection presents a series of unique and poetic data sculptures and