The blockchain ecosystem witnessed a Binance hack this morning, 7th October 2022. The world’s biggest cryptocurrency exchange witnessed a hack of $570 million. However, the hack was on a blockchain connected to Binance. One of the spokespersons on Binance mentioned on Friday that the hack is the latest in the …
Read More »Coinbase Halted U.S Transactions
On Sunday, 2nd October 2022, by 7:57a.m ET, Coinbase halted U.S transactions from its customers. Coinbase announced a bug that stopped United States accounts of customers from buying, depositing and withdrawing assets. Also, according to Coinbase, “We are currently unable to take payments or make withdrawals involving U.S. bank accounts,” …
Read More »OpenSea Ranks NFT Rarity
Part of the buzz flying around in the NFT ecosystem is how OpenSea Ranks NFT Rarity. Recently, different entities in the NFT ecosystem, including Proof, OpenSea, icy.tools, and Curio, collaborated to form the OpenRarity project. The truth is that people mint thousands of NFts every day. So, it has become …
Read More »NFT Marketplaces and the Merge
A lot has been going on with NFT Marketplaces and the Merge as the Ethereum Merge’s date draws near. NFT (Non-Fungible Tokens) marketplaces have revealed that they will only support NFTs on the Ethereum PoS blockchain. On OpenSea’s Twitter handle, the NFT marketplace made it clear that while its team …
Read More »Why is the Crypto Market Down?
For some time now, there has been a modest uptrend in the prices of cryptocurrencies, and Bitcoin has been leading the pack. However, on Friday, 19 August 2022, the market crashed. With the fall of bitcoin’s price below $22,000, the question on people’s lips is, “why is the crypto market …
Read More »Meta’s Instagram NFTs
The Meta’s Instagram NFTs have been the talk in the NFT ecosystem for some days now. Some time ago, Zuckerberg’s organization posted sharp losses in its division of the metaverse in the 2nd quarter of 2022. Recently the company has rolled out its plan to expand its digital assets. The …
Read More »Samsung Reveals Its New Metaverse Space – Space Tycoon
Samsung is not a new name in the tech industry and the metaverse. Before, the global tech brand had established a digital twin of their famous NYC 837 store in the metaverse. They have even conducted their annual event ‘Unpacked’ to showcase their new products, especially their Galaxy Series. The …
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