The market capitalization of all staked crypto assets reaches almost $95 billion, with ETH and SOL leading the pack. Ethereum (ETH) takes the trophy for the most staked crypto asset following the successful Merge of the Beacon Chain consensus layer with the Ethereum execution layer on Sep. 15, 2022, data from StakingRewards.com shows. The network with the second-highest staking transaction…
Funko, a pop culture retail brand, is expanding into cryptocurrency by collaborating with Warner Brothers to offer a physical and digital comic book collectible exclusively through retail giant Walmart. DC fans who purchase the Funko collectible can connect their crypto wallet and claim the NFT online, which is minted on the WAX blockchain. The “phygital” bundle includes…
As copyright vulnerabilities have led to significant confusion around NFT licenses and various other legal problems, the crypto arm of venture capital firm Andreessen Horowitz (known as a16z) now thinks it’s time for a new set of licenses, designed specifically for NFTs. Many people buy NFTs to own an avatar, artwork, or any number of…
Each year, one of the most exclusive and coveted tickets at the U.S. Open is not for courtside seats, but for access to the Grey Goose VIP Lounge, where celebs, influencers and media pass through for the duration of the storied tennis tournament. This year, Grey Goose is opening their VIP Lounge to anyone, via…
In a congressional hearing on July 25, leading researchers in the artificial intelligence (AI) community voiced their concerns about the rapid pace of AI development, cautioning that it could be weaponized by rogue states or terrorists to create bioweapons in the near future. Yoshua Bengio, a renowned AI professor from the University of Montreal and a figure…
When former First Lady Melania Trump unveiled her newest NFT this week, she also found herself in potentially dangerous waters with NASA on the unauthorized use of its images that violate the federal agency’s strict image use policy, according to an initial report by Gizmodo. Her new NFT, entitled “Man on the Moon,” dropped on Wednesday,…
In 2021, the excitement around NFTs could barely be contained. Headlines were glowing and frenzied, and art collections and virtual land plots sold fast. While this excitement — and the market — has cooled considerably, NFTs still make big news on a regular basis. Here’s a look back at some of the most significant NFT…
The market capitalization of all staked crypto assets reaches almost $95 billion, with ETH and SOL leading the pack. Ethereum (ETH) takes the trophy for the most staked crypto asset following the successful Merge of the Beacon Chain consensus layer with the Ethereum execution layer on Sep. 15, 2022, data from StakingRewards.com shows. The network with the second-highest staking transaction…
The number of Ethereum being issued daily has drastically been cut since the Merge, on-chain data show, suggesting that the asset is on its way to becoming deflationary. According to data from Ultra Sound Money, Ethereum’s issuance rate has fallen by 98% since the Merge. Since its transition, the network’s supply has grown by 7,385.47 ETH, whereas if it were…
Funko, a pop culture retail brand, is expanding into cryptocurrency by collaborating with Warner Brothers to offer a physical and digital comic book collectible exclusively through retail giant Walmart. DC fans who purchase the Funko collectible can connect their crypto wallet and claim the NFT online, which is minted on the WAX blockchain. The “phygital” bundle includes…
In a case which could have significant repercussions for the wider crypto industry, U.S. Judge Katherine Polk Failla has ordered Tether (USDT) to produce accounting documentation to prove the stablecoin is backed by U.S. dollars. The order, which was signed by Judge Failla on Tuesday, comes in the ongoing $1.4 trillion class action suit against the stablecoin issuer. The ruling will…
Ubisoft, the French gaming company behind Assassin’s Creed and Far Cry, is one of many large tech companies investigating the use of blockchain technology. However, following the initial excitement surrounding non-fungible tokens (NFTs), Ubisoft is taking a more cautious approach. According to Ubisoft CEO Yves Guillemot, the company is still investigating the technology and whether it can…
To prepare for the Ethereum Merge and secure the allocation of forked tokens in the case of a chain split, Binance said on September 5 that it would suspend deposits and withdrawals for Ethereum (ETH) and Wrapped Ethereum (WETH) on multiple networks on September 6. The suspension will last until the Merge is complete. Deposits and withdrawals…
As copyright vulnerabilities have led to significant confusion around NFT licenses and various other legal problems, the crypto arm of venture capital firm Andreessen Horowitz (known as a16z) now thinks it’s time for a new set of licenses, designed specifically for NFTs. Many people buy NFTs to own an avatar, artwork, or any number of…
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