News | Crypto | NFT

2022-08-31 15:17:08 OpenSea Trading Volume Down 99% From All-Time High

Think the cryptocurrency market has it rough? Take a look at what happened to non-fungible tokens – aka NFTs. Data from DappRadar shows that trading volume at OpenSea – the world’s largest NFT marketplace – has fallen by 99% in less than four months. While the company contested the figure to some degree, it admitted that the substantial slowdown in activity is both real and expected. According to DappRadar’s statistics page, the daily trading volume of ETH at OpenSea peaked above $400 million on May 1st. By comparison, the platform only generated $5 million in ETH volume on August 28th.

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2022-08-29 16:00:53 Bitcoin mining difficulty set for 8-month record gains despite BTC price dip

Bitcoin (BTC) may have hit six-week lows of under $20,000 but its network fundamentals are anything but bearish. The latest on-chain data shows that, far from capitulating, hash rate and difficulty are making snap gains. Despite being down around 7% in a week, BTC/USD is not putting off miners, who have recently exited their own multi-month capitulation phase. Now, with hardware and competition returning to the network, fundamental indicators are firmly in "up only" mode as August draws to a close.

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2022-08-27 22:10:54 Beijing announces two-year Metaverse innovation and development plan

The Metaverse development plan requires various municipalities to track NFT technology trends and integrate the Metaverse into education and tourism. The Beijing municipal government on Tuesday announced a two-year (2022–2024) Metaverse innovation and development plan that would require all districts to adhere to the newly released Web3 innovation plan. The development action plan refers to the Metaverse as a new generation of information technology integration and innovation that would drive the growth of the internet toward Web3. The innovation plan focuses on promoting the development of Metaverse-related industries and helping Beijing build a benchmark city for the digital economy.

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2022-08-24 20:15:14 ​​US, Ukraine, and UK lead in overall use of crypto globally, new study reveals

As the cryptocurrency sector grows, digital assets are being utilized for various purposes such as payments and investment. However, the use of cryptocurrencies for such functions significantly varies by country, depending on factors like regulations. New research indicates that out of a number of countries around the world.

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2022-08-22 22:55:05 World’s Largest Ethereum Mining Pool to Drop Ether PoW Mining, Ethermine Starts Merge Countdown

The world’s largest ethereum mining pool, Ethermine, has announced the organization plans to drop proof-of-work (PoW) ethereum mining entirely. Ethermine says that the platform’s miner dashboard will display a countdown and users can continue to mine ether until the countdown reaches zero.

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2022-08-20 15:00:13 South Korean professor Cho Jae-weon invented a toilet that turns poop into energy and pays people in digital currency.

A person defecates~ 500g/day converted into 50 liters of methane gas which generates 0.5 kWh.

Toilet users earn Ggool, a literal sh3t coin.

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2022-08-19 12:00:12 Anthony Hopkins is Launching an NFT Collection To Celebrate His Career

On August 17, Orange Comet, an art+entertainment company focusing on NFT minting and promotion services, announced its partnership with the renowned Hollywood actor, Sir Anthony Hopkins, to launch its first NFT collection.

Orange Comet says this will be the first series of the NFT series “The Eternal Collection,” which will run for 3 days. During this period, collectors will be able to access more than 1000 unique images of the actor based on different archetypes.

Hopkins’ interest in creating an art collection immortalizing his film career grew after the release of his Zero Contact film as an NFT on Vuele —so much that he even asked Snoop Dogg how to create one.

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2022-08-16 16:11:41 The indicator from PlanB shows bitcoin's readiness for a new bull market

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2022-08-12 13:00:23 ​​FTX partners with Reddit to roll out tokenized Community Points

Reddit is a global leader in harnessing blockchain technology to innovate and empower its online communities to become more independent platforms by taking ownership and control. Using Points, communities can incentivize more engagement and better content, reward creators, and launch their own customized Points token.

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2022-08-06 17:05:24 Binance Card users now have access to XRP, SHIB and AVAX

The Binance Card allows its holders to “convert and spend cryptocurrencies in over 60 million online and physical stores.” However, the card is only available to European citizens and, according to the website, Ukrainian refugees. Prior to the escalation of the conflict in Ukraine, Binance had intentions of expanding its card reach into Ukraine by sometime this year.

New additions to the supported crypto do not change the current payment preferences for those already using the Binance Card. This development comes one day after Binance announced its partnership with Mastercard to bring prepaid cards to Argentina. The two financial service providers will team up in an effort to broaden payment possibilities to Binance users in the country. Argentinian clients will be able to use BTC and BNB, among other cryptocurrencies, for purchases and withdrawals wherever Mastercard is accepted. Open / Comment