The presence of global players may be viewed positively by the industry, but Tony Ling claims this does not impact mass adoption. The presence of big players in the nonfungible tokens market might evangelize newbies, but they do not lead to mass adoption or innovation, claimed Tony Ling, co-founder of NFTGo in a conversation with…
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It seems that some GPU owners have resorted to selling power to non-crypto projects following the Ethereum Merge. It’s been nearly two weeks since Ethereum made its historic transition from proof-of-work to proof-of-stake, and some ex-ETH miners say they remain clueless on how to move forward. Following the Merge, many took to crypto Twitter to…
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The customizable card will only support NFT avatars from select blue chip collections, subject to Mastercard’s design standards and an owner verification process. Mastercard has launched customizable nonfungible token (NFT) debit cards, allowing some cardholders who own avatars from select NFT collections to add the artwork onto the payment’s card. The debit cards are made…
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Bitcoin price slowly moved higher above the $19,000 resistance. BTC is currently (11:10 UTC) consolidating above the $19,000 level. It seems like the price might start a fresh increase if it stays above the $19,000 zone. Besides, most major altcoins are facing hurdles. ETH a key bearish trend line, but it is struggling to gain…
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With hackers continuing to target prominent non-fungible token (NFT) owners, four NFTs estimated to be worth at least $150,000 were stolen from crypto entrepreneur Jason Falovitch, the co-founder of Leverage Game Media and business partner of billionaire Mark Cuban. “I got hacked last night on @opensea. Apes, doodles, eth. It’s not pretty. Please do not…
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Much like the Ethereum Merge, the successful Cardano Vasil hard fork upgrade has not yet sparked significant gains in the days since it went live. Both upgrades appear to have led to ‘buy the rumor, sell the news’ sentiment among investors, with gains seen in the days leading up to the events and selling pressure…
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Publicly traded sustainable Bitcoin (BTC) mining firm Iris Energy has signed a deal with investment bank B. Riley Financial per which the latter can buy up to $100 million in equity over the next two years. According to the filing with the US Securities and Exchange Commission (SEC), B. Riley can buy up to 25…
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Executives at Helium (HNT), a developer of a “decentralized wireless infrastructure,” as well as their family and friends, hoarded the majority of wealth at the project’s launch, claims Forbes. This is a $1.2 billion web3 company that said it was building a global wireless internet connection called the “People’s Network.” Helium COO Frank Mong wrote…
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The world’s oldest fiat currency, the British pound sterling, slid to an all-time low against the U.S. dollar at a little after 1 a.m. (ET) Monday morning. At the time, the pound tapped 1.0327 nominal U.S. dollars per unit, but rebounded against the greenback to 1.0775 by 11 a.m. Monday morning. Pound Sinks Against Greenback…
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Walmart has entered the metaverse with the launch of Walmart Land and Walmart’s Universe of Play on Roblox. The metaverse gaming platform has 52.2 million daily active users and 11.3 billion engagement hours. “Our customers are spending loads of time there,” said a Walmart executive. Walmart Entering the Metaverse U.S. retail giant Walmart announced Monday…
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