News from the world of Ethereum (ETH)
NFT collectibles and vintage apparel are two very different products. However, both have fueled secondary markets with value defined by unique traits, provenance, and rarity. These commonalities have led to the birth of MNTGE, a digital fashion firm that seeks…
IMPT announced yesterday its partnership with Nike, a popular footwear retailer. Nike joins the likes of Amazon and Sony as affiliate partners of IMPT. The project aims to link consumers worldwide with the numerous environmental projects supported by hundreds of…
As the broad crypto market battled bearishness, the NFTS space has seen an extended slump. The leading NFT collection by market cap, BAYC (Bored Ape Yacht Club), has witnessed its floor price plunging by 20% within the previous week. The…
A Germany-based fintech company, N26, has enabled the trading of cryptocurrency on its application that runs on mobile. The platform is beginning with its launch in Austria and will keep on expanding in the rest of the countries during the…
Polygon – a decentralized platform for Ethereum scaling – has declared to have the Ocean Conservation Exploration and Education Foundation (OCEEF) as its partner to increase ocean literacy via the Metaverse-based unique, creative, interesting, as well as entertaining methods to…
A virtual store entitled “House of Sam” was reportedly opened by Samsung Latin America in Decentraland (a Metaverse powered by Ethereum). As per Binance Academy, Decentraland is known as a virtual space as well as a community having blockchain technology…
In the recent two years, NFTs took the ecosystem of cryptocurrency to new heights as it was essential at that time for the industry to grasp mainstream attention. This has been witnessed due to the interest of renowned celebrities as…
The founder of nameless (a Web3-based tech company), Jimmy McNeliis, stated that a lot of the projects dealing with non-fungible tokens are coming into the market without adequate smart contract assessment. According to him, this has resulted in losses of…
Ethereum blockchain’s transition from the previous proof-of-work (PoW) to proof-of-stake (PoS) consensus has minimized the energy consumption by up to ninety-nine percent and several activists have demanded that BTC should also go the same way. Environmental Groups Call for Bitcoin…
Doodles – a collection of NFTs – reported last Tuesday that the project has raised $54M at a valuation of approximately $704M in assets in a round of funding. This round was conducted as a collaborative effort of Acrew Capital,…