Crypto exchange Coinbase has kicked off the multi-week Onchain Summer event to celebrate the launch of its much-anticipated Layer 2 network Base. The crypto giant said that each week in the series will bring new activations across Web3, including art, music, culture, and gaming. Companies, artists, and creators will be running onchain events “that will…
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Base, the Ethereum L2 (layer 2) scaling layer backed by Coinbase, has opened bridging for selected assets from Ethereum. In a blog post, the protocol also announced that the Base mainnet deployment was slated for August 9, allowing free access to developers to launch their apps on top of it.
Base Opens Ethereum Bridging,…
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The cryptocurrency market has been affected this week by uncertainty surrounding the U.S. debt ceiling vote and potential interest rate hikes. While legislation to raise the debt ceiling and cut government spending was introduced in the House of Representatives on Tuesday, the market remains on edge due to the bill’s unclear fate until it is…
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Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________… Read More: Kraken Under Investigation, Unstoppable Crypto Unicorn, Coub.com Goes NFT + More News Read more »Pay, Trade, Buy Bitcoin with Credit Card
Meta’s latest steps into the Metaverse saw the launch of a new marketplace for apps and possibly NFTs which will take a nearly 50% commission on each sale. Meta has announced plans to charge 47.5% on each item sold on its new Meta Quest app store, including nonfungible tokens (NFT) when they are available. The…
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While the cryptocurrency prices dropped toward the end of the week, precious metals, energy stocks, and global commodities skyrocketed in value amid the ongoing war in Ukraine. The price of one ounce fine gold is nearing the $2K mark, benchmark coal prices have been surging, aluminum values broke records and nickel tapped an 11-year high.…
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The multinational music corporation Universal Music Group (UMG) announced the company has partnered with the non-fungible token (NFT) platform Curio on Thursday. UMG says Curio will be a “dedicated global outlet for future officially licensed NFT projects” for the company’s labels and recording artists worldwide. Curio Platform Will Be Universal Music Group’s Dedicated Global Outlet…
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The carbonated soft drink manufacturer Pepsi has revealed the company is stepping into the world of blockchain with its first collection of non-fungible token (NFT) assets. Pepsi introduced the “Pepsi Mic Drop” genesis NFT collection on Thursday, which features 1,893 generative NFTs on the Ethereum blockchain. Pepsi aims to create a real-time community of NFT…
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Centrapay, a digital payment platform that serves KFC, Adidas, BP, and Carlton Draught has secured an investment from Coca-Cola Amatil for an undisclosed amount Coca-Cola Amatil’s corporate venturing platform Amatil X has invested in digital asset and payment provider Centrepay, as part of the startup’s seed funding round. Coca-Cola Amatil, one of the largest bottlers…
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