Cryptocurrencies aren’t the only recent victims. Avalanche’s AVAX token is down just 3% in the previous week. Black Friday was a bad day for the cryptocurrency market, with most major coins losing significant value. Cardano, Ripple, and Avalanche tokens were down around 7%, 9%, and 11%, respectively. Bitcoin plummeted 8%
Singapore, Singapore, 27th November, 2021, Chainwire Have you heard of NFT Art? How about play-to-earn games? These are just some examples of the widespread use cases of Non-Fungible Tokens (NFT). In simpler terms, NFT are digital art or collectibles that have been coded uniquely, making their authenticity verifiable. People can
Dogecoin ranks under the top 10 most actively used smart contracts. Dogecoin remains in the top position among other meme coins. DOGE is the only meme coin other than SHIB to be listed on Korbit Meme coins are meme-inspired cryptocurrencies that are generally created as a joke. In beginning they
Layer 2 scaling methods employ Optimistic Rollups or ZK-Rollups. Data sharding may be the long-term answer to rollup flaws. This week, Vitalik Buterin and Ansgar Dietrichs co-authored EIP-4488, which proposes to reduce the gas prices associated with Ethereum Layer 2 scaling solutions. The concept, meant to help alleviate rising gas
Top-tier digital assets see double-digit declines. Metaverse’s market value is now $51,324,502,982. On Tuesday, a block of virtual property in Decentraland sold for a record $2.43 million in crypto, more than doubling the previous high of over $913,000. Some metaverses already accept cryptocurrency payments. Due to the usage of crypto,
Ankr’s (ANKR) token soared over 2,500 percent in early 2021. The Ankr project has increased the use and demand for the ANKR token. Ankr is a high-performance computing platform designed to let developers and corporate customers construct blockchain nodes faster and cheaper than public cloud providers. Using the Ankr network,
It was first reported that Newegg had marked both accounts on Saturday. Shiba Inu’s official social media accounts released a 16-second teaser video. The #friendshib hashtag, released by the meme cryptocurrency’s official Twitter account., has left the Shiba Inu community perplexed. As a possible clue to a possible relationship with
Supposedly, SHIB will lose a zero in late 2022 or early 2023. Ethereum’s objective is to create a global platform for decentralized apps. Let us take a look at the top 3 Projects by social activity today as per CryptoDep. Bitcoin (BTC) The announcement of the newest COVID variation has
With racing, upgrading car parts and trading gears, KingSpeed is more than just a NFT car racing game, it’s also a rising star in the NFTs gaming industry. Today, KingSpeed announced their $KSC’s public sales will start on Tuesday – November 30th on Krystal Go, followed by Game Station on
Planet Fashion, a leading fashion media and event production consultancy, announced it is teaming up with The Lewis Trust and O Events UK to launch functional NFTs that serve as VIP passes for an all-inclusive travel package to Monaco during the Formula 1 Grand Prix and Monaco Swim Week in
