Category: decentralization

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NFTs, gaming and storage: The key to Filecoin and Arweave accruing value?

Future growth in blockchain gaming, NFTs and the need for more decentralized storage could eventually benefit FIL and AR price. With the rise of Ordinals on Bitcoin (BTC) sparking debate over how users should store their NFTs and blockchain gaming projects searching for cheaper, secure ways to store data, it’s time to revisit the discussion…
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How Irish farmers turn cow dung into digital gold (Bitcoin)

Tom Campbell, an Irish dairy farmer who runs a farm in County Armagh, is using excess energy from his farm to mine Bitcoin. An Irish dairy farmer has found an unusual way to make use of the excess energy produced on his farm — by turning to Bitcoin (BTC) mining. Tom Campbell, who runs a…
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NFT Sales Drop 5.4% to $193M, Ethereum Dominates with $107M in Sales: Weekly Recap

Over the past week, statistics show non-fungible token (NFT) sales totaled $193.08 million, down 5.44% from the previous week. Ethereum dominated NFT sales with more than $107 million or 55% of all sales, while Solana-centric NFT sales recorded $26.3 million or 13% of sales in the same period. NFT Market Shows Signs of Slowdown With…
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French lawmakers propose ban on crypto influencer promotions

According to the proposal, individuals caught violating the prohibitions could face a two-year prison sentence and a 30,000 euro fine. French lawmakers have proposed a ban on the promotion of certain financial products and services by electronic means, including crypto assets, in order to protect consumers from potential risks.  The proposed amendment is to Bill…
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Web2 giants coming into Web3 could benefit ecosystem — PBW founder

Paris Blockchain Week founder Michael Amar believes large Web2 companies entering the Web3 space bring resources capable of increasing mass adoption. Paris Blockchain Week (PBW), an annual gathering of professionals within the blockchain industry, has kicked off its fourth edition, with industry leaders and entrepreneurs from across the world gathering to discuss the latest trends…
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Magic Eden Launches Bitcoin Ordinal Inscription Market, Partners With Hiro, Xverse to Bolster Support

On Monday, the non-fungible token (NFT) marketplace Magic Eden announced the launch of Bitcoin Ordinal inscription support. Magic Eden said it has partnered with the wallets Hiro and Xverse to “bring a familiar wallet transaction experience to the marketplace.” Magic Eden’s Decision to Launch on Bitcoin Without Royalty Support and Compete With Emerging Markets Magic…
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Ethereum Upgrade to Implement Beacon Chain Withdrawals Scheduled for April 12

During the Execution Layer Meeting streamed on March 16, 2023, Ethereum developers announced that the blockchain is scheduled to upgrade on April 12, in 27 days. The upgrade, known as the Shanghai-Capella upgrade or Shapella, will include the implementation of Beacon chain push withdrawals. This will enable Ethereum network validators to support withdrawal operations following…
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Uniswap launches on BNB Chain ecosystem to drive growth and liquidity

After receiving the support of a significant majority of 66% of voters in February, the deployment of Uniswap Protocol v3 is now operational on BNB Chain. Decentralized exchange Uniswap is officially live on BNB Chain, the smart contract blockchain built by Binance. More than 55 million UniSwap (UNI) token holders voted in favor of a…
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Ethereum layer-2 solutions may focus less on token incentives in the future

Token incentive models may become obsolete as layer-2 networks focus on ease of functionality and low fees, but how will this impact decentralization? Layer-2 networks continue to gain momentum as the Ethereum ecosystem advances. For example, data from analytics provider Token Terminal found that layer-2 scaling solution Polygon had 313,457 daily active users as of…
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Coinbase Launches Wallet-as-a-Service to Bring Millions to Web3

On March 8, Coinbase announced the launch of its Wallet-as-a-Service (WaaS) product. The WaaS product aims to “bring the next hundred million consumers into Web3 through a seamless wallet-onboarding experience.” The Coinbase WaaS offers wallet infrastructure application programming interfaces (APIs) to companies, enabling them to build their own custom Web3 crypto wallets. Coinbase’s Wallet-as-a-Service Aims…
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