In a landmark move for Web3 social networking, Lens Protocol, launched by Aave in May 2022 on the Polygon blockchain, has officially opened its doors to all users. Accessible with a fee…
Tag: NFT
Optimism announces the 4th airdrop
The Layer 2 network, Optimism, has just announced its fourth airdrop, focusing on rewarding the Web3 artist community. According to the official announcement, the airdrop distributed a total of 10,343,757.81 OP, valued…
Chinese Government Recognizes NFTs as Property: The Legal Implications
In a landmark announcement on November 10, 2023, the Chinese government officially recognized non-fungible tokens (NFTs) as assets, imposing penalties on individuals engaging in the theft of digital collections, including tokens that…
Unlocking Bitcoin’s Potential with Nonfungible Tokens (NFTs)
Bitcoin Nonfungible Tokens (NFTs): A New Way to Unlock Bitcoin’s Potential The crypto world has been abuzz with the emergence of Bitcoin nonfungible tokens (NFTs) since their explosion in 2020. NFTs have…
Unlocking the Art Market with the LiveArt X Card
LiveArt, an art trading and analytics platform, is set to launch its LiveArt X Card, a non-fungible token (NFT) collection that will grant holders access to exclusive curated art, token-gated communities and…
NFT Sales Drop 32.32% in the Past Week: Ethereum Dominates Market Share
Non-Fungible Token (NFT) sales have seen a significant drop in the past seven days, with sales volume decreasing by 32.32% compared to the previous week. Ethereum was the dominant blockchain, accounting for…
Exploring the Potential Impact of Ordinal Inscriptions on Bitcoin and the NFT Market
The emergence of Ordinal inscriptions on the Bitcoin blockchain has been a major development in the cryptocurrency space. With the number of inscriptions nearing 300,000, Galaxy Digital’s research team has released a…
Crypto Market Rebound: XRP and Cardano Recover from Two-Month Lows
The crypto market saw a rebound this weekend, as XRP and Cardano both recovered from two-month lows. XRP/USD jumped to an intraday high of $0.3795 earlier in the day, which comes after…
U.S. Banks Reducing Exposure to Cryptocurrency Assets: Impact on Cryptocurrency Exchanges
The cryptocurrency exchange Bybit recently announced that it is suspending U.S. dollar deposits via bank transfer due to service outages from its partner. This news follows a similar situation that occurred with…
Exploring the Arbitrum Ecosystem with BitKeep: Introducing the Arbitrum Argonaut Campaign and ARBK Airdrop
As Ethereum’s Layer 2 (L2) solutions continue to gain traction, Arbitrum has emerged as the largest player in the market, accounting for almost 50% of L2 markets and 3% of the entire…