NFT Ordinals Fuel Explosive Growth in Bitcoin’s Taproot Usage, Reaching a New All-Time High
The emergence of NFT Ordinals has caused blocks to increase in size and commission payments to miners to rise, as Bitcoin’s Taproot usage skyrockets by 800%.
Bitcoin NFTs Built on Ordinals Can Be About $4.5B by 2025: Report
Bitcoin [BTC] Ordinals have been a topic of discussion since its launch. Interestingly, Ordinals recently crossed the 300,000 mark. At press time, there were a total of 302,076 inscriptions.
Crypto Morning Briefing: Coinbase No Longer Accepts Payments via Silvergate Bank
Tether Has No Exposure to Sinking Crypto Bank Silvergate, Says CTO; Japanese Popular Manga Captain Tsubasa NFT Sale Starts on March 2, 2023; Elon Musk and Tesla Accepting Bitcoin 'Opened Door' for Adidas' Web3 Plans; Binance Resumes Terra Classic Burns, Incinerates 8.8B LUNC
The New Era of Personal Development in the Metaverse
Immersive learning experiences in VR are changing the way we learn and develop new skills.
Crypto Evening Briefing: Japanese Banks to Test Stablecoins on ‘Japan Open Chain’
Japan has taken a major step forward when it comes to stablecoins, with several notable banks testing stablecoin usage on Ethereum-compatible blockchains.
Binance’s AI NFT Generator Gets Overwhelmed by Requests Within an Hour of Launch
Binance CEO Changpeng Zhao, popularly known as ‘CZ,’ announced the launch of the beta version of an artificial intelligence (AI) generator of non-fungible tokens (NFTs), Bicasso, on March 1.
Crypto Morning Briefing: Kraken Pulling Back From Using Signature Bank
Magic Eden Launches 'Mint Madness' With Free Web3 Gaming Mints; The Next Bicasso: Binance NFT Releases AI-Powered NFT Generator; Robinhood, Polygon, 0x Labs Simplifies Crypto Trading, ZRX Zooms 20%; Chainlink Targets Web 2.0 Developers With New Platform Launch
The NBA All-Star Tech Summit Explores the Cutting Edge of Sports Technology
An overview of the key takeaways from the event, including the future of streaming, the potential of Web3, and the role of influencers and AI in sports.
The Next Bicasso: Binance NFT Releases AI-Powered NFT Generator
Binance’s non-fungible token (NFT) marketplace users are getting creative with “Bicasso,” a new artificial intelligence (AI) powered NFT generator the company released in beta Wednesday.
The Sandbox Looks to a Future Where Corporate Partnerships Aren’t Its Bread and Butter
Sebastien Borget, chief operating officer of The Sandbox, believes the future of the metaverse platform lies in the hands of individual creators, not the brands that have made it something of a corporate crypto darling.
Ethereum Holders Can Now Purchase Solana NFTs on Hyperspace Thanks to DeSo-Powered MegaSwap
The MegaSwap integration will provide faster onboarding and easier access to cross-chain liquidity for Ethereum and Solana NFT users.
Crypto Morning Briefing: Coinbase Launches Grassroots Campaign To Influence US Lawmakers and Regulators
Elon Musk Drops BasedAI Hint; Former FTX Director Pleads Guilty to Fraud—SEC, CFTC File Civil Charges; Yuga Labs Launches Twelvefold Collection; Binance Listing Triggers Over 100% Surge in Liquity token
Ethereum Holders Can Now Purchase Solana NFTs on Hyperspace Thanks to DeSo-Powered MegaSwap
We’re excited to partner with Hyperspace, the cutting-edge Solana NFT marketplace, to integrate MegaSwap, the cross-chain smart service for web3. The MegaSwap integration will provide faster onboarding and easier access to cross-chain liquidity for Ethereum and Solana NFT users.
Bitcoin-Based NFTs Cross 200,000 Ordinal Inscriptions, Yuga Labs Launches Twelvefold Collection
On Monday, Feb. 27, 2023, the number of Ordinal inscriptions on the Bitcoin blockchain crossed 200,000 at 1:02 p.m. Eastern Time. In addition to the 200,000 inscriptions, Yuga Labs, creators of the Bored Ape Yacht Club (BAYC) non-fungible tokens (NFTs), revealed that the team had created a collection of 300 generative ordinal NFTs called Twelvefold.
Bitcoin Core Developer Calls Out NFT Auction for Using His Credentials
Luke Dashjr, a core developer for Bitcoin [BTC], took to Twitter to share his concerns about Non-Fungible Tokens [NFT] that were being sold using his name. The incident involved a picture of the core developer’s code, which was presented to the public as an NFT at an auction. The code fetched 0.41 BTC ($9500).
Tokenized Texan House Listed for Sale on Solana
A company called Homebase listed a property-backed NFT on Solana, allowing consumers to invest in a tokenized house.
NFT Trading Professionalizes
Despite bearish sentiment, and an overhang of regulations, the application layer of Ethereum continues to flourish. The NFT market is experiencing great competition, with new marketplace Blur taking market share from leader OpenSea, driven by a strategy focused on traders and liquidity.
Yuga Labs Joins Bitcoin Ordinals Fever With NFT Collection ‘TwelveFold’
Yuga Labs is bringing new NFTs to the Bitcoin blockchain, introducing a collection called TwelveFold on Feb. 28. The collection is a limited edition of 300 generative pieces “inscribed on satoshis” on the Bitcoin network.
Bitcoin Core Dev Calls out 'Misleading' Auction Selling his Code as an NFT
One of the original core developers behind Bitcoin, Luke Dashjr, has taken to social media to call out an auction site that has used his name and code without his consent to create and sell a “misleading” NFT. The core developer said he hasn't been the first Bitcoin developer to have his name or his work used in this way. In a Feb. 27 post on Twitter, the developer revealed a non-fungible token (NFT), featuring a picture of code he wrote, was sold at an auction site for 0.41 Bitcoin, or roughly $9,500 at the time of writing. (Cointelegraph)
Bored Ape Creators Unveil Bitcoin Ordinals Collection “TwelveFold”
Yuga Labs will release a series of artistic crypto collectibles on Bitcoin’s Ordinals protocol, according to an announcement from the company on Feb. 27. The collection is titled TwelveFold and will feature 300 pieces of generative art — that is, images that have been created through the use of algorithms. Each image in the TwelveFold collection is designed around a 12-by-12 grid in reference to the commonly used base-12 timekeeping system — and in reference to the fact that Bitcoin Ordinals are identified by the time that they are minted. Yuga Labs did not announce a specific time or date for the auction. Instead, it said that it will announce the auction within 24 hours of the event. (cryptoslate)
