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Bitcoin SV (BSV) emerged following a hard fork of the Bitcoin Cash (BCH) blockchain in 2018, which had in turn forked from the BTC blockchain a year earlier. The goal of Bitcoin SV is to recognize Satoshi Nakamoto’s original vision for the Bitcoin protocol and design, as described in his white paper, early Bitcoin client software, and known Satoshi writings. BSV aims to provide scalability … Continue reading What Is Bitcoin SV (BSV)?
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Since the news of FTX’s collapse affected the cryptocurrency ecosystem, the total value blocked (TVL) on the Solana network has dropped by 32.4% in the last 24 hours. According to DefiLlama, Solana’s TVL has dropped to USD 423.68 million, 32.4% lower in the last 24 hours, and is still a long way from its all-time high (ATH) of $ 10.17 billion on November 9, 2021. … Continue reading Solana TVL drops 32.4% as FTX turbulence shakes the ecosystem
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The cryptocurrency exchange FTX Group, which has about 130 affiliated companies, announced on Friday that it has filed for voluntary Chapter 11 bankruptcy. FTX Trading Ltd., doing business as FTX.com, West Realm Shires Services, Inc., and Alameda Research Ltd. have all declared bankruptcy. According to FTX Group, CEO Sam Bankman-Fried has resigned and has been replaced by John J. Ray III. Bankman-Fried and “many employees” … Continue reading The cryptocurrency exchange FTX Group declares bankruptcy
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Nouns is a collection of NFTs whose owners are members of the Nouns DAO, a decentralized autonomous organization. Non-fungible tokens (NFTs) are cryptographically distinct crypto tokens that are frequently used to represent digital art. A profile photo (PFP) collection is a group of NFTs that are often used as a user’s profile image on social media platforms. Nouns are another innovative Ethereum experiment that aims … Continue reading What Exactly Are Nouns? Ethereum’s NFT DAO..
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The authority changed the draft instructions for tax form 1040 in 2022 to include non-fungible tokens (NFTs) and stablecoins, replacing the term “virtual currency” with “digital assets.” The IRS defined digital assets as “any digital representations of value that are recorded on a cryptographically secured distributed ledger or any similar technology” in the recently released draft of the individual income tax return. Non-fungible tokens (NFTs) … Continue reading ALL CRYPTO TRANSACTIONS, INCLUDING NFTS AND STABLECOINS, WILL BE TAXED BY THE US
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BNB Chain is launching the European Innovation Incubator, a three-week virtual program for innovative Web3 startups from across Europe to build and scale dApps, paving the way for a decentralized future. What is the European Innovation Incubator? Through esteemed partners and community experts, the European Innovation Incubator will provide long-term support to startups by providing leading Web3 resources and training. Hands-on sessions and mentorship on … Continue reading BNB Chain is launching the European Innovation Incubator
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The U.k government has proposed new legal measures to regulate crypto ads and prohibit unauthorized crypto providers from offering services. Minister Andrew Griffith’s amendments to his own bill on Friday were welcomed by an industry that had called for existing proposals to go beyond stablecoins, which are payments-focused cryptoassets that seek to maintain value in relation to fiat currencies. According to an explanatory note tabled … Continue reading The United Kingdom seeks to recognize cryptocurrency as a regulated industry.
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Magic Eden, a Solana non-fungible token (NFT) mainstay, is switching to an optional royalty model, according to a Friday night Twitter thread. The company also announced that it will waive its 2% platform fee, effective later Friday. The move follows a controversial trend set by other popular NFT marketplaces like X2Y2, which have opted to make royalty payments optional in a bid to attract more … Continue reading Magic Eden’s NFT Marketplace Switches to an Optional Royalty Model
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Bitcoin becoming less volatile than stocks may appear to be a good thing. However, crypto traders warn that in a low-volume environment, this may not be a good thing. Bitcoin’s (BTC) 30-day realized volatility has dropped dramatically in recent days, according to Noelle Acheson, author of the “Crypto is Macro Now” newsletter. According to Coin Metrics data, realized volatility has dropped to nearly 52% from … Continue reading Bitcoin becoming less volatile than stocks
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According to the tweets of a large number of NFT traders, many of them are rushing away from Solana and toward Cardano, which is now a more active platform for flipping NFT items. The reason for such categorical statements appears to be a surge in Cardano NFT activity. According to OpenCNFT, NFT trading volume on Cardano has increased by 110% in the last 24 hours. … Continue reading NFT Traders Move to Cardano Instead of SOL
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Ripple, an enterprise blockchain and crypto solutions company, launched the Ripple Creator Fund in September 2021, a $250 million initiative dedicated to providing creators with the financial, creative, and technical support needed to create nonfungible tokens (NFTs) and other tokenization projects on the XRP Ledger. On October 18, Ripple revealed the second group of creators who would be receiving money from Ripple’s Creator Fund for … Continue reading Ripple’s $250 million fund supports Web3 projects in the entertainment and media
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On Tuesday, an anonymous user sent a slew of Tornado Cash transactions to high-profile Ethereum addresses in what appears to be a troll attempt to implicate them in a potential regulatory mess.According to Etherscan, wallets affected include those controlled by Coinbase CEO Brian Armstrong, TV host Jimmy Fallon, clothing brand Puma, and a wallet created for donations to Ukraine. Ethereum was distributed to prominent crypto … Continue reading An anonymous crypto user sent small amounts of ether to celebrities.
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Anatoly Yakovenko, the CEO of Solana Labs, announced the launch of a software development kit for Web3 programs called “Solana Mobile Stack (SMS)” on June 23 in New York, as well as the delivery date of its new crypto phone: The “Saga.” Solana’s new smartphone, according to Yakovenko, will cost around $1,000 and will be available for purchase early next year. The phone’s flagship specs … Continue reading Solana Launches a New Crypto Smartphone but also a Web3 Developer Kit
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Cristiano Ronaldo, one of the world’s highest-paid athletes, has partnered with Binance to allow his fans to join the footballer’s Web3 community. Ronaldo believes that his collaboration with Binance will “change the non-fungible token (NFT) game and take football to the next level.” Continue reading Football Legend Cristiano Ronaldo in NFT Partnership With Binance
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Terra’s UST stablecoin fell way off its peg, causing a 60% drop in LUNA. Terra’s price has dropped 43.6 % in the last 24 hours. This comes as TerraUSD (CRYPTO: UST), Terra’s stablecoin, has dropped to $0.93, a 7 % drop from its peg in the last 24 hours. At the time of writing, Terra has plummeted below $14 for the first time in six months, … Continue reading Luna Foundation Plan To Shore Up UST Stablecoin.
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What Is Utility Tokens? A utility token is a form of token that can be used to fund or capitalize projects for startups, businesses, or project development groups. EI utility token is a type of token that is used as a safeguard for participation in mass sales to collect funds for a project. What Are Utility Tokens Used For? While cryptocurrencies are a type of … Continue reading Best crypto utility tokens.
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What is Avalanche? Avalanche is a blockchain platform that uses the AVAX currency as its native currency. Avalanche is a cryptocurrency that competes with Ethereum in terms of scalability and transaction processing speed. The Avalanche blockchain is secured via AVAX, which is also used to pay transaction fees across the network. AVAX Tokenomics Max Supply: 720 million Total Supply: 391 million Circulation Supply: 220 million … Continue reading Solana vs Avalanche- Which one is better?
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KuCoin is a large cryptocurrency exchange that allows users to buy, sell, and trade digital assets. The platform also enables margin, futures, and peer-to-peer (P2P) trading in addition to conventional trading choices. Users can also earn incentives by staking or lending their cryptocurrency. Kucoin was established in 2017 and used by over 11 million customers around the world. It uses multi-layered security, including micro-withdrawal wallets, … Continue reading Kucoin buy, sell, and store a wide range of cryptocurrencies.
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NFT marketplaces are platforms where NFTs can be stored, displayed, traded and in some cases minted (created). How does an NFT marketplace work? To begin, a user must create an account on the platform and download a digital wallet to hold NFTs. After that, users can develop assets by uploading items to display their effort. The user can also choose which payment tokens to take … Continue reading Develop your own NFT marketplace step-by-step.
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StormGain is a cryptocurrency exchange and leveraged trading broker with a multi-currency wallet built in. The all-in-one platform has some unique features, such as the Cloud Miner tool, a loyalty program, and a simple login process. StormGain is also a member of the Blockchain Association of the Financial Commission. which provides a secure and completely reliable trading platform. Stormgain leverage trading? Leverage allows traders to … Continue reading Stormgain,Trade, and mine Bitcoin and other cryptocurrencies.
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What is Cake DeFi? Cake DeFi’s focus is on providing a simple user experience while also generating high returns for users with methods like staking, yield farming, and lending. and they are constantly improving and adding new features, with the goal of eventually becoming a true one-stop platform for managing all of your financial assets. How does Cake DeFi work? Cake DeFi now accepts BTC, … Continue reading Earn passive income with Cake DeFi.
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A play-to-earn game is any video game that uses cryptocurrency to reward players with both real-world and virtual-world value. The rewards for these games are typically NFTs, which are cryptographically unique tokens that can be used to prove ownership of content. How to get free NFTs? Playing leading play-to-earn NFT games is one of the best ways to earn free NFTs. These games were created … Continue reading Free NFT games play to earn.
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What is an NFT Utility? Based on user demand, utility NFTs or NFTs 2.0 are the future and provide a broader range of practical NFT applications.For example, holding a utility NFT can provide access to exclusive experiences, early access to products, airdrops, exclusive invites to events with top celebrities/athletes, and much more. Types of NFT Utility. Ways to generate passive income from NFTs. 1-Staking When … Continue reading Understand the Utility NFTs .
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Over the years, online commerce has gained traction and is now one of the fastest-growing economies.We’ve noticed a remarkable increase in online businesses. however, Others on the other hand launch and quickly fail to run a successful business. Here’s some advice on how to go about it. – choose an eCommerce website platform Choosing and purchasing a domain name is the first step in setting … Continue reading How to build an eCommerce Website from scratch
Is web 3.0 really the future? Continue reading Watch “Web 3.0/Dapp” on YouTube
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