NFTs sales surge in December, Magic Eden’s troubled token launch: Nifty Newsletter

The Universal Protocol (UP) Alliance, a coalition of blockchain firms including crypto exchange Bittrex and decentralized browser Brave, will launch its own euro-pegged stablecoin in April, according to a press release on March 28.The UP’s stablecoin, dubbed the Universal Euro (UPEUR) will be pegged to the euro on a 1:1 basis and will reportedly allow…

Miners are back in accumulation mode, with 5,000 BTC added to Bitcoin’s unspent supply since the start of February. 1839 Total views 23 Total shares Bitcoin miners are stashing away their coins for higher prices, with direct transfers from miners to exchanges plummeting nearly 40% since mid-March.Data from on-chain analytics provider Glassnode shows that miners’…

An economic bubble is a time of fast economic expansion that is driven by speculative enthusiasm and excessively high asset prices. A bubble is characterized by an increase in demand for an asset, such as commodities, stocks or real estate, which drives up its price. A number of factors, including easy access to credit, low…

The COVID-19 pandemic has certainly accelerated the digitalization of economies across the globe, opening up discussions on the future of digital financial services and whether our economy should advocate for the financial inclusion of Bitcoin (BTC) and other digital assets.Yet, despite the horror we have been seeing as our industries continue to suffer, the digital…

IBM Research has teamed up with United States-based agriculture tech firm Hello Tractor to boost the African agriculture industry with blockchain. The partnership was described in a Dec. 11 blog post on IBM’s official website.According to the post, the IBM Research division in Kenya is working with Hello Tractor’s developers in order to apply various…

The theoretical network would help the dollar maintain its status internationally with “game-changing” improvements in service. The Federal Reserve Bank of New York’s Innovation Center (NYIC) has completed its proof-of-concept of a regulated liability network (RLN) in conjunction with nine large financial institutions and the Swift network. The project created theoretical infrastructure to exchange and…

Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week.Chainalysis chief scientist shared his views on the Tornado Cash saga and said that the incident has left a void for illicit fund mixing services, but the real impact of…

Rockstar Games sister company Zynga debuts NFT title, there’s a casino on the Bitcoin network and Sunflower Land hot take. by Erhan Kahraman 7 min August 31, 2023 Share Tweet Share Share Grand Theft Auto owner enters Web3 via mobile gaming arm Fun fact: mobile gaming giant Zynga is owned by Take-Two Interactive, the same

The fake website is actively promoting a fake giveaway of 500,000 USDT while asking users to connect their wallets (such as MetaMask) to claim the rewards. 196 Total views 17 Total shares Hackers took over the official Twitter account of crypto exchange Gate.io, putting over 1 million users at risk of losing funds to an…