Day: May 30, 2023

Bitcoin ordinals’ creator steps down as inscriptions surpass 10m

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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Casey Rodarmor, the person behind bitcoin ordinals, reveals he will step aside from his role, with the platform reaching a milestone of over 10 million user registrations. Casey Rodarmor, the brain behind bitcoin ordinals, took to Twitter today, sharing two significant developments: now there are more than 10 million user registrations on the platform, and his decision to step down from his current role. In the crypto universe, bitcoin ordinals are a tool engineered by Rodarmor,…

Japan’s largest airline launches NFT marketplace

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On May 30, All Nippon Airways (ANA), the largest airline in Japan, launched an aeronautical-themed nonfungible tokens (NFTs) marketplace with its subsidiary, ANA Neo.  Dubbed the “ANA GranWhale NFT Marketplace,” the platform will feature an inaugural collection created by aerial photographer Luke Ozawa. As told by developers:  “From May 30, aerial photographer Luke Ozawa’s first digital photo will be converted to NFT. One of them will be sold with a positive film, which is the source of photo development. The price is 100,000 yen, and the NFT with positive film…

U.S. CFTC Warns About Clearing Derivatives Tied to Digital Assets

The derivatives regulator directly regulates crypto futures and has an enforcement reach into fraud and manipulation of spot markets for the trading of non-security crypto assets. It’s expected to have a wider future role as an industry watchdog, but bills that would enhance its authority haven’t yet moved through Congress.  Source

Gaming Crypto Token Qwan to Launch via Ethereum on May 31 Supported by Horizen Labs Ventures

The Qwan tokens have a total supply of 1 billion with about 455 million, representing 45.5 percent, being allocated to the ecosystem’s treasury. The Qwan, a Web3 crypto token geared towards revolutionizing the gaming industry by involving users, has announced plans to launch on the Ethereum ecosystem on May 31. Backed by key Web3 investors including Horizen Labs Ventures – which has backed successful GamiFi projects like Yuga Labs, The Sandbox, and Animoca Brands – the Qwan token intends to enable a decentralized economy for all gamers globally through incentivizing…

Bitcoin’s next rally may be imminent, on-chain analyst points out

After a long period of unusually low volatility, Bitcoin’s next major price move is likely imminent and could drive BTC to $32,000, according to James Check, the lead on-chain analyst at Glassnode. That price level is where Bitcoin’s “true cost basis is sitting,” Check explained in an exclusive interview with Cryptox.  To calculate Bitcoin’s average cost basis – the average price at which BTC was bought – Check and his team removed the coins that are lost forever from the calculation and focused on active Bitcoin investors.  “It’s where the mean…

Bitcoin’s next rally may be imminent, on-chain analyst says

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After a long period of unusually low volatility, Bitcoin’s (BTC) next major price move is likely imminent and could drive BTC to $32,000, according to James Check, lead on-chain analyst at Glassnode. That price level is where Bitcoin’s “true cost basis is sitting,” Check explained in an exclusive interview with Cointelegraph.  To calculate Bitcoin’s average cost basis — the average price at which BTC was bought — Check and his team removed coins that are lost forever from the calculation and focused on active Bitcoin investors.  “It’s where the mean reversion…

Blockchain Analytics Platform Nansen Cuts 30% of Staff

Despite the cuts, the company still has several years of runway as it looks to build a sustainable operation, Svanevik said. The company has raised a total of $88.2 million over four funding rounds over the years, led by crypto investment firms such as L1 Digital and Old Fashion Research, Crunchbase data shows. Source

Serve Robotics Expands Partnership with Uber Eats to Deliver Meal Orders Seamlessly

Robotics developer Serve recently deepened its relationship with Uber Eats to deploy 2,000 bots for food deliveries across the US.  Serve Robotics has expanded its partnership with Uber Eats, deploying as many as 2,000 delivery bots across the United States. Reports state that Serve Robotics’ autonomous sidewalk delivery robots would be on hand to deliver goods via Uber’s platform in several US-based markets. The Serve Robotics-Uber Eats partnership would last until early 2026. Speaking on the joint initiative, Serve co-founder and chief executive officer Ali Kashani pointed out: “We expect our rapid…

BRC-721E Standard to Bridge Gap between Ethereum NFTs and Bitcoin Ordinals

As the NFT landscape continues to evolve, the integration of Ethereum and Bitcoin ecosystems through the BRC-721E standard paves the way for further innovation and expansion that can even attract more mainstream innovators into the Web 3.0 world. The recent introduction of Bitcoin (BTC) Ordinals and the unveiling of the BRC-721E protocol is aimed at bridging the gap between Bitcoin and Ethereum (ETH), particularly in the field of Non-Fungible Tokens (NFTs). According to reports, the BRC-721E standard, jointly launched by the Ordinals market and the Bitcoin Miladys NFT collection, now…