Bitcoin exchanges are witnessing 3rd-biggest net daily outflow of 2024
Bitcoin dip-buying is a top priority for some exchange users as BTC price highs give way to sell-offs elsewhere.
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Theta Labs to help Sony launch 3D NFTs compatible with Spatial Reality Display
The Spatial Reality Display lets people view the nonfungible tokens in 3D without the need for 3D glasses. 1014 Total views 21 Total shares Japanese conglomerate Sony Electronics collaborates with blockchain video delivery network Theta Labs to launch nonfungible tokens (NFTs) that can be viewed in mixed reality through Sony's Spatial Reality Display, a monitor…
JPMorgan Chase Analysts Say Prolonged Crypto Bear Market Is Scaring Off Institutions
Analysts from global investment bank JPMorgan Chase believe that the protracted crypto bear market is driving away institutional investors, Bloomberg reports on Tuesday, Dec. 18.Analysts from JPMorgan, along with global market strategist Nikolaos Panigirtzoglou, have reportedly stated that involvement of institutional investors in Bitcoin (BTC) “appears to be fading.”In a jointly released research note, analysts…
EOS Blockchain Congested: EIDOS Airdrop 95% of Transfers
The EOS blockchain is congested by the EIDOS token airdrop, cryptocurrency exchange Coinbase reports on Nov. 9.In a post on its blog, Coinbase claims that it had trouble in processing its clients’ transactions due to EOS network congestion caused by the EIDOS token airdrop. The exchange has since solved the issue by increasing the amount…
Traders forecast $3K Ethereum price but derivatives data suggests otherwise
Ether (ETH) rallied 35% over the past ten days and reclaimed the critical $2,300 support, but the crucial $2,450 local top hasn't been tested since June 17. Part of the recent recovery can be attributed to the London hard fork, which is expected to go live on Aug. 4. Traders and investors view the EIP-1559 launch…
Tajik government taps blockchain firm for e-government infrastructure
A new public-private partnership between the Fantom Foundation and the Tajik Ministry of Industry of New Technologies will see the two roll out a range of blockchain-based solutions across nationwide IT infrastructure. 4699 Total views 23 Total shares President of Tajikistan Emomali Rahmon is pursuing an ambitious integration of blockchain technology into his government's ongoing…
South Korean Shinhan Bank joins Klaytn’s blockchain governance council
Apart from participating in the co-governance process of Klaytn, Shinhan Bank will also be involved in the development of Klaytn-based digital services. Shinhan Bank, one of the largest banking institutions in South Korea, has entered into a partnership with Klaytn, a global blockchain platform developed by Kakao subsidiary Ground X.According to a Monday announcement, Shinhan…
UK politicians enter the metaverse, mainstream media says NFTs are worthless: Nifty Newsletter
In this week’s newsletter, check out Glassnode data that shows nonfungible token (NFT) protocol Bitcoin Ordinals may not be clogging the network. Read about British politicians using the metaverse to discuss opportunities and challenges in Web3, and find out why Rolling Stone says NFTs are “finally totally worthless.” And don’t forget this week’s Nifty News
Sci-fi or blockchain reality? The ‘Ready Player One’ OASIS can be built
Distributed ledgers, in the form of blockchain technology, are jostling their way into financial markets, healthcare systems and the global supply chain, but perhaps the most significant disruption has yet to come. In recent months, nonfungible tokens (NFTs) have taken the spotlight as a stamp of legitimacy for digital goods, ranging from art to worn-out…