Month: July 2023

Google Play Allows Apps, Games to Offer NFTs and Blockchain-Based Content

The post by Mills stressed the importance of user trust, noting “while tokenized assets are meant to build more enriched, immersive experiences, as an added user protection, developers may not promote or glamorize any potential earning from playing or trading activities.” This maintains Google Plays’ Real-Money Gambling, Games, and Contests policy. In effect, this means apps that haven’t met gambling eligibility requirements can’t promote buying an in-game item like a “loot box” for a chance to win NFTs. Source link

What is QuillBot, and how do I use it?

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QuillBot, an advanced artificial intelligence (AI) writing tool, offers features such as sentence rephrasing, article rewriting and AI-generated content creation. QuillBot serves as a complete language processing and productivity tool with its grammar checking and writing enhancement features. It aims to fulfill a variety of writing requirements, including academic writing, blogging and proofreading. As an AI language model, QuillBot helps users create well-structured sentences and improves overall writing quality. Understanding QuillBot QuillBot is an advanced AI-powered online writing and paraphrasing tool. It makes use of cutting-edge natural language processing (NLP)…

Jackson Pollock Studio Releases Inaugural NFT Collection

In collaboration with Web3 art collective Iconic Moments, the “Beyond the Edge,” collection features four perspectives from Pollock’s studio floor, where he splattered and dripped paint in his iconic style. The artwork features elements from his paintings including “Number 3,” “Blue Poles” and “Convergence,” which currently reside in museums across the globe. Source

What Is Ethereum’s ‘Data Availability’ Problem, and Why Does It Matter?

Separate “data availability” layers could reduce congestion on the Ethereum network by making it easier for ancillary “rollup” networks to verify that transactional details exist and are available to download if needed — without actually downloading them. The concept might offer an alternative to Ethereum’s own proposed “danksharding” solution, seen as years away. Source Availability039dataEthereumsMatterProblem CryptoX Portal

Crypto scams are down 77% — but this exploit is making a huge comeback

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Cryptocurrency scams have fallen a massive 77% from $3.3 billion to $1.1 billion over the first six months of 2023, according to a recent report by blockchain intelligence firm Chainalysis. The catch, though, is that ransom attacks are back in trend, with perpetrators pocketing 62.4% more revenue than the first six months of 2022. On July 12, Chainalysis released its Mid Year Crypto Crime report, noting it’s the second consecutive year that scam revenue has trended downwards. The firm observed that historically, scam revenue increases in bull markets — but…

Blockchain gaming platform creates refundable NFT program

Blockchain gaming startup Spielworks has partnered with the Web3 platform Mycelium Network to launch a program that allows full refunds for nonfungible token (NFT) purchases.  In an announcement sent to Cointelegraph, the team explained that within the program, users who acquire NFTs called “Reverties” are eligible to get a full USD Coin (USDC) refund. The project also allows users to stake this new series of NFTs in Spielworks’s game called Dungeon Master and purchase them using USDC via a separate minting mechanism. Through the partnership, Spielworks will leverage Mycelium Network…

Firm managing over $7 trillion in assets buys more bitcoin mining stocks

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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Vanguard Group, a financial manager controlling assets worth over $7.2 trillion, is buying more stocks from leading bitcoin mining companies per recent filings with the Securities and Exchange Commission (SEC). Per public data, Vanguard has been increasing its exposure to stocks from some of the United States’ top Bitcoin miners, specifically Marathon Digital and Riot Blockchain. Vanguard increases exposure to bitcoin mining stocks Records show that Vanguard holds 17.5 million shares of Marathon Digital worth $280.5 million. At…

Coinbase Wallet launches instant messaging feature with XMTP

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Coinbase Wallet users can now send instant messages to each other using their Ethereum identities, according to a  July 12 blog post from Coinbase. The new feature relies on the Extensible Message Transport Protocol (XMTP), an instant messaging system that allows users to communicate using blockchain addresses. XMTP is also used by decentralized social media network Lens. Demo of Coinbase Wallet instant messaging function. Source: Coinbase According to Coinbase’s post, select wallet users can now send messages to each other’s cb.id, .eth, or Lens usernames. The feature is being rolled…