How the NFT market leveraged blockchain tech for explosive growth
Nonfungible tokens present a new way of interacting with the arts, music, sports and the media — and even more. It’s fun to talk about nonfungible tokens, or NFTs, because they are the perfect example of how the impact of blockchain technology in people’s lives goes way beyond the financial market. As we could see in hundreds of headlines in the past few months, they have gripped the world’s attention because they are a new manner of interacting with culture, music, sports and the media.This article will clarify what NFTs are, how they work, how the NFT boom started, and why blockchain....
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Many blockchain games are being created and promoted as blockchain games, not great games where decentralized tech is just one element. Since 2017, dozens of projects have created games that use blockchain and nonfungible token (NFT) technology. The overall vision is inspiring and has attracted a solid base of fans and investors in equal measure. However, the industry is still in its infancy, and we have a long way to go until it achieves mainstream adoption.There are various hurdles on the path to this promised land. Some of the primary barriers are that NFT games have relied too heavily....
One Of The Many Case Uses Of Solana’s Alfprotocol Alfprotocol is created to cater to traders with different appetites for risk aversion. In essence, it provides leveraged and non-leveraged products that would suit both new and experienced traders in a decentralized ecosystem that is powered by Solana, a robust blockchain suitable to handle the core […]
2020 was the year of DeFi, not just in terms of the explosive price increases – but the technological advances and support from public figures. From the growth of UniSwap, Chainlink, AAVE, and BNB into the top 20 tokens by market cap to tech billionaire Mark Cuban revealing his positions in the aforementioned tokens, one must wonder what comes next. Improved security and auditing of contracts. Exploits performed by hackers on vulnerable DeFi smart contracts […]
Citing explosive growth in Europe, bitcoin payment processor BitPay announced Monday that they are opening a larger office in Amsterdam, Netherlands. The new office will serve as headquarters for the company's European operations, and is located at Herengracht 458 (a 17th century building) in the Gouden Boch (Gold Bend) part of the city. Deutsche Bank has offices in the space. In addition to the new digs, the company has made some new hires. Timo Dijkstra will be serving as a Compliance Specialist. He was a Senior Compliance and Risk Consultant at PriceWaterhouseCoopers. Walter....
The US Securities and Exchange Commission (SEC) will not approve leveraged Bitcoin Exchange-Traded Funds (ETF), says a report. SEC Won’t Approve Leveraged Bitcoin Fund As per a report from Wall Street Journal, the SEC has told at least one asset manager not to go ahead with plans for a leveraged Bitcoin ETF. An exchange-traded fund […]