Tag: Blockchain

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$1B worth of ETH burned in the past 30 days due to record high OpenSea NFT transactions

Despite the large burn value, the network is still inflationary until its PoS transition scheduled for Q2 or Q3. According to blockchain data from Nansen Analytics on Tuesday, over $1.096 billion worth of Ethereum (ETH) has been burned in the past month. With the introduction of the EIP-1559 last August, a portion of fees is…
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New Balance ‘Virtual Goods’ Trademarks Hint of Upcoming Metaverse and NFT Venture

Following Adidas and Nike getting into the metaverse, the sneaker manufacturer New Balance seems to be prepping to launch virtual items tied to its products. The firm filed three trademark applications with the United States Patent and Trademark Office (USPTO) that describe “downloadable virtual goods” featuring “footwear, clothing, sports bags, sports equipment, and accessories for…
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Litecoin Releases its Much-Anticipated Fungibility and Scalability Update

  Litecoin (LTC) has released its long-awaited fungibility and scalability upgrade Mimblewimble Extension Block (MWEB) after almost two years of development, testing, and auditing. This is considered one of Litecoin’s most significant upgrades to date…. Read More: Litecoin Releases its Much-Anticipated Fungibility and Scalability Update  Read more »Pay, Trade, Buy Bitcoin with Credit Card

Internet Computer: Correction risk rises after ICP price gains nearly 60% in 5 days

The token now grapples with a notorious multi-month resistance trendline. Internet Computer (ICP) has entered 2022 with a bang. The ICP price rose by over 56% in the first five days of the new year, reaching a 30-day high of $38 on Jan. 5. Its massive upside move accompanied a spike in trading volumes, underscoring…
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Blockchain and the Metaverse make inroads at Consumer Electronics Show

Samsung will feature its developments in Metaverse technology in relation to TVs and smartphones, with several other companies showcasing blockchain, NFT and crypto integrations with the Metaverse. Blockchain, metaverse and NFT technology are set to make a splash at the Consumer Electronics Show (CES) event in Las Vegas this week. The CES is an annual…
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Martial Arts Icon and Philosopher Bruce Lee Commemorated in NFT Collection Endorsed by Family Company

While many celebrities have launched non-fungible token (NFT) collections, a number of NFT compilations have featured luminaries who have passed away. Legends such as Jerry Garcia, Kurt Cobain, Muhammad Ali, Elvis, Tupac, and more have been featured in NFT collections. This Saturday, Ethernity and Bruce Lee’s family will be dropping the renowned martial artist’s first…
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Crypto Investment Flows Mature, CFTC Fines Polymarket, Uniswap’s Goal + More News

  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: Crypto Investment Flows Mature, CFTC Fines Polymarket, Uniswap’s Goal + More News  Read more »Pay, Trade, Buy Bitcoin with Credit Card

Evedo seeks to bring event planning to the blockchain

“We have theaters, disco clubs, event halls. In 2022, we have a goal to onboard 1,000 new venues around the world using seating ticket sales,” says CEO and founder Stoyan Angelov. Evedo, a platform consisting of business-to-business, or B2B, & business to consumer, or B2C, marketplaces, seeks to provide blockchain solutions for businesses and participants…
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Adidas Originals NFT Compilation Enters Top 50 Collections by Volume, Close to $60M in Sales in 18 Days

Less than 20 days ago, the German multinational sneaker and sportswear corporation Adidas launched the company’s Adidas Originals non-fungible token (NFT) collection and since then the NFT compilation has surged into the top 50 NFT collections in terms of sales. Adidas NFT Collection Sees Significant Demand in Less Than 20 Days At the end of…
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Solana Reportedly Went Down Again After a DDoS Attack

  Public blockchain platform Solana (SOL) went down again in the early morning hours on Tuesday, according to several community members, as well as the major crypto exchange Coinbase, which warned users that Solana was experiencing “network-wide degraded performance.”… Read More: Solana Reportedly Went Down Again After a DDoS Attack  Read more »Pay, Trade, Buy…
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