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Blockchain
Andre Cronje Names the Core Focus of Fantom Foundation, Says DeFi Is Here To Stay
Decentralized finance (DeFi) veteran and Fantom (FTM) founder Andre Cronje is identifying the core areas of focus for the foundation behind one of Ethereum’s (ETH) biggest rivals.
In a new Medium post, the prolific developer says that…
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More Than 7,000 Ordinals Inscriptions Have Already Been Included on the Bitcoin Blockchain
Ordinals inscriptions, viewed as a kind of Bitcoin-native NFTs, are picking up steam among some Bitcoin circles, even though the procedures to issue them are far from user-friendly. The protocol, which was unveiled in January, has already…
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NFT Market Remains Resilient With 1.23% Increase in Sales, Ethereum Dominates With 81% of Total NFT…
Non-fungible token (NFT) sales rose slightly last week, increasing 1.23% to $232.49 million in recorded sales. The top two NFT collections, Otherdeed and Doodles, saw growth of 44% to 58% compared to the previous week. Ethereum continues to…
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Binance to Support Georgia’s Crypto Industry Through Blockchain Education
Digital asset exchange Binance has agreed to help Georgia to develop its cryptocurrency sector by launching educational and other blockchain initiatives. The leading coin trading platform has been expanding its presence in the region with…
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Debate Intensifies Over Significance and Implications of Ordinal Inscriptions on Bitcoin Blockchain
During the past two weeks, members of the cryptocurrency community have discussed the non-fungible token (NFT) concept known as Ordinals. Since the 3.96 MB block (#774,628) was mined, there has been a significant increase in Ordinal…
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Bitcoin Records Largest Mined Block to Date, 4 MB Block Containing NFT Causes Unease Among…
Amid the controversy surrounding the Ordinals project and the debate over what types of data should be stored on the Bitcoin blockchain, the network mined its largest block, nearly 4 MB in size, containing just 63 transactions. One of the…
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‘New Era’ As Cardano (ADA) Based Stablecoin Djed Goes Live on Mainnet
Ethereum (ETH) rival Cardano (ADA) has seen its first overcollateralized stablecoin Djed (DJED) go live on the mainnet.
DJED aims to be pegged with the US Dollar and is backed by Cardano’s native token ADA. Last month, Djed-issuer…
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Web3-Focused Fund VVF Announces a $5 Million Investment in the Everscale Blockchain
The Web3-oriented Venom Ventures Fund (VVF) invested $5 million in Everscale to aid its expansion efforts.
The fund saw the light of day earlier last month after collaborating with the Abu Dhabi-based Iceberg Capital Limited and Venom…
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Mysterious Shiba Inu Whale Abruptly Shifts 3,272,307,240,798 SHIB in Massive Crypto Transaction
A mysterious crypto whale is abruptly relocating trillions of Shiba Inu (SHIB) as the top meme coin gears up for a highly anticipated upgrade.
Blockchain-tracking service Whale Alert reveals that the deep-pocketed crypto investor moved…
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Meet Ordinals, the New Bitcoin NFT Engine, and the Drama Surrounding Them
Ordinals, a new way of using and getting content using Bitcoin, are enabling creators to harness the utility of NFTs (non-fungible tokens) directly from the blockchain, essentially creating native Bitcoin NFTs. This has stirred the pot in…
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