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Blockchain

Kraken Starts Waitlist for Their Upcoming Gas-Free NFT Platform
Blockchain

Kraken Starts Waitlist for Their Upcoming Gas-Free NFT Platform

NFTs’ popularity has soared in recent years, with the market expected to hit a $40 billion valuation in 2021 and continue to grow in 2022. Kraken, a US-based cryptocurrency exchange, is now in the process of building a non-fungible token (NFT) marketplace and is not calling users to join a waitlist for its new NFT platform. Read Also: Shiba Inu Discloses Dates for SHIB Burn Portal Reward Cycle Kraken to Launch NFT Platform On Monday, Kraken announced the launch of a waitlist for its NFT Platform, which they described as a “complete solution for exploring, curating and securing your NFT collection.” The goal is to integrate the trading and storage of NFTs seamlessly. Users’ Kraken accounts will be linked to the platform, allowing them to buy and sell NFTs with either ...
Bored Ape NFT Firm Gets Almost $285 Million in Crypto Payments After Virtual Land Sale: Details
Blockchain

Bored Ape NFT Firm Gets Almost $285 Million in Crypto Payments After Virtual Land Sale: Details

Yuga Labs, the company behind the "Bored Ape" series of NFTs, has raised approximately $285 million worth in cryptocurrencies through the sale of tokens that represent land in a virtual world game it claims to be developing. Read Also: ApeCoin (APE) Can Now Be Traded with Leverage on Bitfinex Yuga Labs sold "Otherdeeds" NFTs in an online sale on April 30 that it said could be swapped for plots of virtual land in a future Bored Ape-themed Metaverse dubbed "Otherside." The "Otherdeeds" could only be purchased using ApeCoin, the project's related cryptocurrency that was recently launched in March. Other deeds were available for purchase for 305 ApeCoin each, and Yuga labs disclosed in a tweet that they had already been sold out. https://twitter.com/chaoyu69101650/statu...
XDCNFT Marketplace Launched by XinFin XDC Network
Blockchain

XDCNFT Marketplace Launched by XinFin XDC Network

Ethereum (ETH) fork XinFin XDC Network, together with its partners BlocksWorkz, is ready to unveil a novel digital collectibles marketplace XDCNFT. XinFin XDC Network launches its inaugural NFT product According to the official announcement shared by the team of high-performance blockchain platform XinFin XDC Network, its digital collectibles marketplace XDCNFT is up and running. Read Also: Here's Who Is Behind Majority of NFT Hacks and How Much They Hold https://twitter.com/BestInvest_XDC/status/1519341742159446025 BlocksWorkz tech firm, a heavy-hitting team of blockchain veterans, is a technical partner of XinFin’s NFT journey. XDCNFT marketplace works on the XRC-20 token standard, which is the brainchild of XinFin XDC Network’s engineers. On this blockchain, it...
TrueUSD (TUSD) Advances Its Collaborations with Digital Banks as Yield Farming APYs Spike
Blockchain

TrueUSD (TUSD) Advances Its Collaborations with Digital Banks as Yield Farming APYs Spike

TrueUSD (TUSD), the first-ever stablecoin pegged to the U.S. Dollar that is audited in real-time, shares the details of its recent integrations with top-tier crypto-friendly banks. TrueUSD (TUSD) integrated by five fintech heavyweights In 2021-2022, TrueUSD (TUSD) has established itself as a reliable and secure asset for digital transactions; as such, its list of integrations has added new partnerships. Read Also: SHIB Army Burns 1.6 Billion Shiba Within 24+ Hours as Coin Loses 3% Far back in June 2021, the TrueUSD (TUSD) team joined the signature bank, a New York-based full-service commercial bank. Namely, TUSD is integrated into SigNet, a native payment launched by the signature bank. It provides the technical basis for nearly-instant internal and cross-border transfers. ...
Here’s Who Is Behind Majority of NFT Hacks and How Much They Hold
Blockchain

Here’s Who Is Behind Majority of NFT Hacks and How Much They Hold

April will go down in the history of the cryptocurrency market as the month with the highest number of hacks in both the DeFi and NFT industry, as U.Today has covered various hacks, exploits, and scams over the last 30 days. The hacker group Zachxbt is behind the most recent hacks in the industry. Read Also: Here's Why Dogecoin Becomes One of the Top Purchased Coins for BSC Whales. According to the on-chain sleuth, the hacker group behind most NFT Discord hacks in the past few months is currently holding around $4 million in Ethereum in its main wallets. While the amount does not seem significant considering the number of reports in the industry, we should keep in mind that it does not include funds moved through coin mixing solutions, which is most cer...
Nissan and Toyota Enter The Metaverse —With Two Different Approaches
Blockchain

Nissan and Toyota Enter The Metaverse —With Two Different Approaches

Asian car manufacturers Nissan and Toyota make their entry into the metaverse, creating new virtual offices and events for the community. Tinkering with the Metaverse has become a trend among major brands and companies. This time, it has caught the attention of two of the largest automakers globally, Nissan and Toyota. On April 22, Japanese automakers Nissan and Toyota announced their entry into the Metaverse to offer new virtual experiences to their users, organizing digital events and building virtual customer service offices. Read Also: Dogecoin Fan Elon Musk May Buy Twitter This Week: Report According to the Japanese newspaper Nikkei Asia, both companies seek to innovate in the Metaverse, offering immersive exhibitions of their cars through the use of virtual reality ...
Terra’s Stablecoin Added as Base Currency to Binance.US
Blockchain

Terra’s Stablecoin Added as Base Currency to Binance.US

Binance.US has announced adding a new trading pair that allows trading Bitcoin, the largest cryptocurrency, against Terra's red-hot UST stablecoin. The American arm of the Binance exchange is not the first trading platform to introduce UST as a base currency. The Bitrue exchange added the BTC/UST pair in mid-may. Read Also: 3 Reasons Why Some Ethereum Whales Constantly Purchase Shiba Inu Tokens Crypto exchange OKX, one of the top Binance competitors, launched UST-based trading pairs with Bitcoin, Ethereum, and Solana in early April.The main Binance exchange also introduced trading for the BTC/UST pair earlier this month. The third biggest stablecoin UST has gained a lot of prominence in 2022, with its market cap swelling to nearly $18 billion, according to&nb...
Is NFT Industry Dying? ApeCoin Rallies by 30% with No Reasons Again
Blockchain

Is NFT Industry Dying? ApeCoin Rallies by 30% with No Reasons Again

As more funds leave the cryptocurrency market, the NFT sphere is also losing a large portion of investments that were previously pouring into the market and helping random NFT collections to sell out completely. But while smaller collections are slowly dying, ApeCoin, a representative of the BAYC collection, is rallying once again with no fundamental reasons to do so. Read Also: Ethereum co-founder speaks out against attempting hostile takeover Twitter According to the chart provided by TradingView, APE almost reached the all-time high during yesterday's jump to $16.7. Unfortunately, during the day, it retraced to $16.1, failing to reach the new all-time high or test the previous one. Today's APE opening remains above yesterday's closing price, showing that traders...
FLUID TAKES POLYGON AS ITS ULTRA-EFFICIENT BASIC DEFI CHAIN
Blockchain

FLUID TAKES POLYGON AS ITS ULTRA-EFFICIENT BASIC DEFI CHAIN

FLUID, the ultra-low latency liquidity aggregator that uses AI quant-based model to tackle fragmented liquidity in virtual asset markets, today announced that it will collaborate with Polygon as its primary DeFi chain. Owing to its minimal transaction costs and speed, Polygon the leading platform for Ethereum scaling and infrastructure development is an excellent chain for FLUID’s decentralized solution. Polygon is now a top DeFi solution with over 7000 decentralized apps, more than 130 million addresses created on the network, and over 3.4 billion transactions recorded since its inception. Read Also: Cardano Creator Says Cardano Is Just Starting After Adding approximately100,000 New Addresses in Last Month “FLUID’s philosophy to provide ultra-low latency and costs is deeply inte...
Jack Dorsey’s First Tweet’ NFT Went on Sale for $48M. It Ended With a Top Bid of Just $280
Blockchain

Jack Dorsey’s First Tweet’ NFT Went on Sale for $48M. It Ended With a Top Bid of Just $280

A non-fungible token (NFT) of Twitter founder Jack Dorsey’s first-ever tweet, which was placed on sale for $48 million a few days ago could end up being sold for just $275 worth of ETH In March 2022, Sina Estavi, a crypto entrepreneur purchased the NFT for $2.9 million worth of ETH through the leading NFT marketplace OpenSea. Read Also: Just On Monday, Athlete On March 14 2022, The Premier Leagues' Management Has Approved Consensys To Be Part Of Its NFT Efforts. This Approval Came During The Most Recent Shareholders' Meeting Of The EPL Board. Last week’s Thursday, Estavi took to Twitter to announce that he has decided to sell the rare NFT. According to the crypto investor, relatively 50% of its proceeds, which he thought would be $25 million, will be donated to charity. Sina E...