OpenSea, the world’s largest non-fungible token (NFT) marketplace in terms of trading volume, has announced a major migration which they say will enable users to save “an estimated 35%” in gas fees going forward. The marketplace is migrating to a new Web 3 marketplace protocol called Seaport, which is designed to enable users to…
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You probably aren’t yet aware of this but non-fungible tokens (NFTs) represent an untapped passive income-generating opportunity. Read on to learn how you can earn passive income with NFTs using a variety of methods that actually work. The convergence of NFT technology and decentralized finance (DeFi) protocols has led to the potential for staking…
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Max Shannon, Digital Asset Analyst at major European digital asset investment firm CoinShares._____ The Merge aims to move Ethereum from Proof of Work (PoW) to Proof of Stake (PoS), and provide the foundation for increased scalability and reduced energy consumption. Detrimental trade-offs in terms of censorship resistance, trust minimization, and decentralization could occur as…
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The majority of apecoin (APE) holders have voted in favor of a proposal that the token remains on the Ethereum (ETH) blockchain despite its high transaction fees. The final results, which come after a six-day voting period that started on June 3, reveal that 53.62% of ApeCoin token holders support remaining on Ethereum, exceeding…
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Several apecoin (APE) whales have voted against the proposal by the ApeCoin decentralized autonomous organization (DAO) that suggested staying on Ethereum (ETH), giving the majority support to migrating to another chain – at least for now. Dubbed ApeCoin Improvement Proposal (AIP) 41, the proposal asks token holders to stay on Ethereum despite the issues…
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As Ethereum’s transition to proof-of-stake (PoS) gets closer and the network’s hashrate taps another all-time high, the Ethereum 2.0 contract is close to nearing 13 million ether worth $22.6 billion using today’s ether exchange rates. Moreover, according to a decentralized finance (defi) educator, the $22.6 billion worth of ethereum that continues to grow won’t be…
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OP token by Optimism, a second layer scaling solution for Ethereum (ETH), went on a roller coaster following a “turbulent launch” that led to unprecedented demand and caused delays on the Optimism blockchain mainnet…. Read More: Optimism’s OP Token in Roller Coaster Mode after a ‘Turbulent Launch’ Read more »Pay, Trade, Buy Bitcoin with…
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The Bitcoin LN was first implemented into the Bitcoin mainnet in 2018 and has ever since been able to maintain an upward trajectory in terms of expanding its capacity. Unwithered by the ongoing bear market, Bitcoin’s (BTC) underlying architecture continues to outperform itself — further securing, decentralizing and speeding up the impenetrable peer-to-peer (P2P) network.…
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The average Ethereum network fee has dropped to the lowest value recorded in over ten months, after fees hit a low of $2.96 per transaction on Sunday afternoon (ET). The last time ethereum transfer fees dropped below the $3 mark was last year on July 11, 2021. Moreover, median fees are even cheaper, as the…
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The popular non-fungible token (NFT) marketplace OpenSea has unveiled a new protocol that allows anyone to set up new and decentralized NFT marketplaces. And judging from some members of the community, the protocol could become the “Uniswap moment” of NFTs…. Read More: OpenSea’s New Marketplace Protocol Could Become ‘Uniswap Moment’ of NFTs Read more…
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