Tag: NFT

Ethereum burning spikes to new high on Yuga Labs’ NFT hype

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The burning rate of Ethereum (ETH) has spiked to new all-time high (ATH) levels following the heavily anticipated sale of tokenized land plots in Yuga Labs’ upcoming Metaverse project the “Otherside.” Yuga Labs, the creators of the Bored Ape Yacht Club (BAYC) sold 55,000 virtual land NFTs dubbed “Otherdeeds” on May 1. The overwhelming demand for the tokens saw Ethereum gas fees shoot up so high that a handful of users paid as high as 2.6 ETH ($7,400) to 5 ETH ($14,270) just to get their transactions through. A base…

The Largest NFT Mint in History — Bored Ape’s Otherside Virtual Land Sale Raises $320 Million – Bitcoin News

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On Saturday, the creators of Bored Ape Yacht Club (BAYC), Yuga Labs, revealed the Otherside metaverse virtual land sale which turned out to be one of the largest non-fungible token (NFT) mints to date. The Otherside metaverse virtual land sale raised close to $320 million by selling 55,000 parcels of Otherside land. Otherside Metaverse Sees $320 Million Raised, Ether Fees Spike, Etherscan Crashes The Otherside metaverse virtual land sale took place on Saturday, and a great deal of people purchased Ethereum-based NFTs dubbed “Otherdeeds.” Demand for the Otherside metaverse deeds…

Blockchain 102 and The Dark Side of Blockchain

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io By now most people have heard of, and to a degree: understood, the core principles of Bitcoin and proof-of-work based blockchains. But the past few years have brought us a larger universe of related technologies, inhabited by “crypto” enthusiasts. This talk will venture beyond the basic Bitcoin blockchain to explain more advanced (and/or simpler) projects, and skeptically evaluate their uses. Spoiler: There Are None. I will introduce a number of fascinating and intellectually engaging protocols and concepts, from Decentralized Finance (DeFi) to…

The One Solution That Could Eliminate NFT Fraud

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An interview with REV3AL’s founders on building digital counterfeiting and copyrights fraud prevention tools. When it comes to the NFT industry, there’s hardly a single resolution to the industry-agnostic issues of digital fraud and counterfeiting. NFTs, digital IDs, copyright images and videos, and other forms of digital media can be easily duplicated and disseminated, making it tricky to find a solution to prevent different types of attacks. The REV3AL platform believes they have the all-in-one solution to prevent digital counterfeit and copyright fraud. Its solution aims to revolutionize interactions in…

Make Money in Cryptocurrency (Shiba Coin, Bitcoin, & More)

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io On this live we covered everything you need to know to get started and make money in Cryptocurrency. We covered the hottest topics including Shiba coin, security, defi, Bitcoin and more. We we’re joined by the president of the EYL University Crypto Club Allister McKenzie and EYL University professor, and one of the sharpest young minds in investing Lawrence Eggleston. This is something that we’ve never publicly done before. The conversation is aimed at anyone who is looking to learn about crypto,…

Tech Start-up ‘Picture This’ Drops First Photography NFT With Renowned Photographer Christian Houge – Sponsored Bitcoin News

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sponsored On April 29, photography-focused tech start-up Picture This is finally launching the ‘Polar Bear’ NFT, which raises awareness and money towards climate change and the impact humans have on our planet. Digital artworks have seen a booming rise in sales and popularity since the start of the decade. Minting art as an NFT has enabled artists to reach audiences in ways earlier not fathomable. Now, the photography community is finally entering the NFT space. One devotee is Christian Houge. For decades, the artist’s dramatic photography has provoked a strong…

The Floor Value of Bored Ape Yacht Club’s NFT Collection Taps 152 ETH – Bitcoin News

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Jamie Redman Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 5,000 articles for Bitcoin.com News about the disruptive protocols emerging today. Original

Elon Musk Is First in Line as Ukrainian NFT Museum MetaHistory Launches Hall of Fame – Metaverse Bitcoin News

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Elon Musk is the first inductee into the Ukrainian NFT Museum MetaHistory’s Hall of Fame, but he will not be the last. Some other famous inductees include: Mila Kunis, Elton John, Jared Leto, Jim Carrey, and Benedict Cumberbatch. The Hall – MetaHistory’s Hall of Fame Since the start of the war in Ukraine many businesspeople, artists, and politicians have shown their support for the country, but some of them stood out especially. MetaHistory, Ukraine’s NFT museum, now wants to commemorate those individuals on the blockchain. The team of MetaHistory released…

Revolutionary NFT Platform YellowHeart Protocol Set to Launch on Bittrex Global Starting Block – Sponsored Bitcoin News

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sponsored YellowHeart Protocol, an NFT platform poised to disrupt the ticketing and music industries, is launching its utility token, HRTS (pronounced “Hearts”), on Bittrex Global’s IEO Platform Starting Block as the platform’s debut project. The Premier Marketplace for Musicians to Join the NFT Revolution YellowHeart Protocol, an NFT platform fabulously poised to disrupt the ticketing and music industries, is the first project launched on the Bittrex Global’s IEO Platform and is here to redefine the future of music. The platform is launching its utility token, HRTS (pronounced “Hearts”), on Bittrex…