The NFT market of China received warnings on Monday from The Supreme People’s Procuratorate of China stating that there are a lot of risks hovering around the NFT market and the authority also stressed the need for proper regulation of emerging asset classes highlighting that NFTs also share some elements of virtual assets. NFT in…
Circle’s USD Coin (USDC) has reached a major milestone by surpassing Tether (USDT) in total supply on the Ethereum network. USDC’s current supply on Ethereum as of writing is 40.06 billion tokens, just ahead of USDT’s supply of 39.82 billion. Tether has been the most popular stablecoin since at least 2016, after originally sharing the…
Mogul has officially completed its IDO and token listing. Establishing a robust foundation in film and entertainment through innovative blockchain technology, Mogul revolutionizes the industry by empowering a community-driven ecosystem, offering fans ownership opportunities, exclusive behind-the-scenes experiences, and enhanced engagement with their favorite filmmakers and actors. Mogul Productions has completed its IDO round on Kommunitas,…
Strategic Burn Reinforces Token Scarcity and Highlights Commitment to Enhancing Token Value Through Community Engagement [Panama, 13 May]: Leading decentralized crowdfunding ecosystem Kommunitas announces its 31st token burn event is successfully and permanently removing 424,749,197 $KOM tokens out of circulation. Valued at around $1,189,298, this was a major step towards increasing the value of the…
A surge of enthusiasm for XRP has been building in Japan, and the extraordinary 1.64 billion spot trading volume reported in September 2022 confirms this. Far outpacing Bitcoin’s 179.5 thousand units, XRP’s success has caught the eye of many crypto-trading firms who are now eager to offer it as part of their services – a…
If you’re not keen on joining Mark Zuckerberg in the Metaverse, I have bad news for you: You’re already there. You don’t need a virtual reality headset to enter a virtual world. Humans have been representing reality since our distant ancestors first painted on cave walls. If TV, radio, books or newspapers have ever given…
Musk’s Energy-Based Bitcoin Perspective Tesla CEO Elon Musk has made another statement about Bitcoin, this time focusing on its fundamental relationship with energy. In a recent post on X, Musk responded to financial news site ZeroHedge’s analysis about artificial intelligence driving a new global arms race between the US and China. ZeroHedge had argued that…
Ethereum is used as money far more often than Bitcoin, at least according to one new analysis of on-chain data. Key Takeaways Analyzing the top 10,000 ETH addresses shows that Ethereum has significant transaction volume, compared to that of Bitcoin. 16% of the Ether in circulation has been actively used in the past 90 days,…
Mystery Coin is here with yet another coin called Mystery House which will launch on July 11. The entire coin ecosystem is growing with their shared tokenomics. As the name goes, Mystery House is a house that will include all the other Mystery products and a launchpad with multiple functions. Mystery House is a multi-utility…
The developers of the pla-to-earn game, Meta Yoka, announce the launch of a platform, with the opportunity to participate in the game without buying a starter NFT. Meta Yoka is an SLG game with play-to-earn mechanics for developing NFT pets, combining combat, adventure and collecting, released on Binance Smart Chain. The player has to breed…
