Ethereum layer 2 network Optimism faces headwinds as its price slumps nearly 10% in the week ahead of the planned token unlock on Sept 30. At press time, the price of OP exchanges hands at $1.26 falling by 9.29% over the past seven days. After a sharp fall slightly above 3% yesterday, the token significantly…
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While Bitcoin-based nonfungible token (NFT) sales have declined, and the network has dropped to seventh out of 23 blockchains in sales this past month, Ordinal inscriptions continue unabated. The number of inscriptions linked to the Bitcoin blockchain is nearing 30 million. On September 3, a record 418,240 inscriptions were minted, marking the second-highest daily rate…
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In 2023, multiple dormant bitcoin transactions caught the public’s attention and made headlines. Sunday night marks another significant event after a ‘sleeping bitcoin’ whale from 2017 stirred, spending an impressive 1,177.89 BTC — worth more than $30 million — from seven distinct bitcoin addresses, untouched for just over six years. 1,177 Bitcoin From 2017 Move…
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The blockchain firm Animoca Brands announced the company has partnered with the venture accelerator Brinc in order to launch a play-to-earn (P2E) Guild Accelerator Program. Both firms plan to dedicate $30 million over the next two years toward early-stage startups focused on expanding the global P2E ecosystem. Animoca Brands and Brinc Launch P2E Fund for…
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