Plans to Provide an NFT Domain Name to 83 Million Wallet Users

Post Views: 103 has announced it has partnered with the Web3 digital identity platform and NFT domain name provider Unstoppable Domains in order to launch .blockchain NFT domains. The company says that in the next few weeks, 83 million wallet users will get a free .blockchain domain. source

Mastercard to Implement Payments for NFT and Web3 Projects

Post Views: 102 Payments giant Mastercard has announced it is working to bring direct payment support for a number of NFT and Web3 platforms with its cards. According to the company, this will enable more customers to enter the industry as the barrier to acquiring such digital goods is lowered via more flexible payment products….

Nigerian Court Sentences Crypto Fraudster to One Year in Jail, Accused Given Option to Pay Fine

Post Views: 144 A Nigerian court has convicted and sentenced a man to one year in prison who is accused of duping an unsuspecting cryptocurrency investor. On its charge sheet, the prosecution said that the man had contravened Nigeria’s anti-fraud laws and hence should be punished accordingly. A court in Nigeria has convicted a man…

Felix Capital Raises $600 Million to Grow Web3 Exposure

Post Views: 106 Felix Capital, a London-based VC company, has raised $600 million in its fourth fundraising round, this being its biggest yet. The company, which has been investing in commerce and money-tooling startups, is planning to use part of the funds raised to increase its Web3 exposure as part of its new business strategy….

Bitcoin’s Hashrate Hits an All-Time High Nearing 300 Exahash per Second

Post Views: 92 While Bitcoin’s mining difficulty was expected to decrease two days ago on June 8, instead the difficulty increased by 1.29% on Wednesday. On the same day, at block height 739,928, Bitcoin’s hashrate tapped an all-time high (ATH) reaching 292.02 exahash per second (EH/s). source

Bitcoin, Ethereum Technical Analysis: ETH Falls to 15-Month Low to Start the Weekend

Post Views: 89 Crypto prices plunged as the weekend commenced, following yesterday’s U.S. inflation report, which came in at a 40-year high of 8.6%. ETH fell to its lowest point in fifteen months, while BTC dropped below $29,000. Following days of consolidation, BTC finally moved late on Friday into Saturday, as crypto prices responded to…

Decentralized Autonomous Organization Statistics Show $10 Billion Is Held by DAO Treasuries

Post Views: 146 During the early years of the cryptocurrency space, decentralized autonomous organizations (DAOs) and smart contracts were discussed in theory. Nowadays many people consider The DAO, launched in 2016 by members of the development team, to be the first smart contract-based DAO. In 2022, there’s a lot more DAOs, as statistics show…

Bitcoin Price Outlook for June — Market Conditions Show Uncertainty

Post Views: 205 Ten days into June, bitcoin continues to trade lower, with prices hovering close to a twelve-month low. Despite this, there continues to be optimism around potential rallies in price over the next few weeks. Overall, there is still a lot of uncertainty in the market, with the potential for either bullish or…