For each time one of an artist’s NFTs is resold, the creator receives a royalty payment. The royalty rates for each NFT may be found in the contract that governs the NFT. The smart contract will distribute a portion of the creator’s requested royalties to the secondary market when a
November 7, 2022 2 mins read
Binance, sensing the worldwide vigor for soccer, has announced a new online challenge in which participants have the chance to win a variety of incredible prizes, including over $1,000,000 in tokens, limited-edition NFTs, and premium club experiences like player meet-and-greets and training ground tours. Launching on November 7th, Binance’s “Football
November 7, 2022 2 mins read
FTX cryptocurrency exchange will let users deposit and withdraw Euro Coin on Solana. The USDC may now be transferred natively across blockchains. In the first half of 2023, Circle, a cryptocurrency payments business, will release Euro Coin, a stablecoin backed by the Euro on the Solana blockchain. At the Solana
November 6, 2022 1 min read
A newer version of Twitter Blue checkmark, its premium service, seems to have begun rolling out just a few days after Elon Musk, the recently appointed CEO of Twitter, proposed changes to the way the social media network validates user accounts, including charging $8 per month for the privilege. The
November 6, 2022 2 mins read
Crypto.com has recently announced that it would be issuing Visa cards in Singapore. Users may immediately move their cash to a Visa or Mastercard credit or debit card. Binance, the biggest cryptocurrency exchange in the world, recently announced that it will begin accepting Mastercard debit and credit cards from customers
November 4, 2022 2 mins read
Blocto, a crypto ecosystem, and multichain wallet has announced the creation of a $3 million Aptos Ecosystem Fund to assist projects in bringing new users to Aptos. In the wake of Blocto’s Aptos integration, which saw 300,000 new Aptos wallets created in the first week, this is encouraging. Blocto and the Aptos
November 3, 2022 2 mins read
Kraken will initially host over 70 NFT collections based on Ethereum and Solana. NFT marketplace behemoth Opensea is a formidable opponent for Kraken. While demand for digital collectibles continues to fall. Kraken, the sixth-biggest cryptocurrency exchange in the world, is releasing its new NFT marketplace today. With the assurance of
November 3, 2022 2 mins read
Seed fundraising for Elusiv, a Zero-Knowledge compatible privacy protocol, totaled $3.5 million, with LongHash Ventures and Staking Facilities Ventures serving as the round’s lead investors. The funds raised will be used to hire more developers, pay for security audits, and adapt the product for usage with many other blockchains. Several
November 3, 2022 3 mins read
Deribit places 99 percent of its cash in cold storage. Withdrawals would not be allowed until full control is regained. This year, crypto hacking has become a serious problem for some of the most prominent cryptocurrency exchanges. Recently, Deribit has just fallen victim to a hack. The Deribit cryptocurrency exchange
November 2, 2022 1 min read
The question of who will serve on Twitter’s board of directors is still being debated. Zhao discussed the proposal at a technological conference in Portugal. The gigantic social media platform, Twitter, has seen rapid transformation since Elon Musk gained control. And there’s more to come as Binance CEO Changpeng Zhao
November 2, 2022 1 min read
