Author: CryptoHoppers
An Artistic Innovation on the Blockchain Renowned digital artist Grant Riven Yun has captivated the NFT world with his latest collection, “A Bright Spring Day,” part of the “Life in Japan” series, which officially launched on April 18th exclusively on Exchange.art. Known for his minimalist monochrome palette and unique abstract expressionist style, Grant Yun has previously collaborated with prestigious institutions like MoMa and has been featured in live auctions at Christie’s and Sotheby’s. His innovative approach to digital art has now found a new home on the Solana blockchain, renowned for its fast and environmentally friendly transactions. The Significance of…
PRESS RELEASE. WorkML.ai is developing a revolutionary platform that will harness the potential of hundreds of thousands of annotators from around the globe. Through comprehensive training programs, WorkML.ai aims to qualify annotators to produce high-quality Metadata, essential for enhancing AI models. Annotators will be compensated in WML tokens for their contributions, creating a dynamic ecosystem. […] Source link
From the prospects of BTC hitting $100,000 in 2024 — to search interest for the “Bitcoin halving” — here’s a data-driven look at this rare event. Bitcoin is lumbering up for its fourth halving — and no two events are the same. The markets are unrecognizable from where they were even four years ago. Here are five fascinating facts about the 2024 halving. 1. There isn’t much Bitcoin left Bitcoin has been structured, so most of its total supply is already in circulation. After the halving, there will be a mere 1.3 million BTC left for miners to discover —…
The Solana team developers developed a new algorithm, beta update v1.17.31, on April 12 to deal with persistent network congestion. The testing results, which will be available in the next three days, are an honest recommendation for all the mainnet beta validators. New updates and patches to the current network traffic are designed to counter the recent Solana blockchain network traffic problems that resulted in highly frequent transaction failures. The key improvements in this modification are to handle the network performance load in a better way and improve the whole system’s performance. The technical update includes some modifications, such as…
As blockchain technology continues to advance and transform various industries, there is a growing need for decentralized networks that can handle the demands of modern applications. This is where Vara Network comes into the picture. Built on top of the Gear Protocol, Vara Network is a decentralized platform that aims to provide developers with a fast, scalable, and secure environment to create and run a wide variety of decentralized applications. By leveraging the power of the Gear Protocol, Vara Network offers a layer-1 solution that is not only fast and efficient but also flexible enough to accommodate a diverse range…
In a significant restructuring of its gaming portfolio, Yuga Labs, the visionary force behind the Bored Ape Yacht Club (BAYC), has sold its HV-MTL and Legends of the Mara games to the emerging Web3 gaming powerhouse, Faraway. This strategic move not only simplifies Yuga’s asset base but also sharpens its focus on its major initiatives, notably the Otherside metaverse. Strategic Divestitures for a Focused Future The recent acquisition by Faraway includes the two games along with their associated NFT collections. To ensure continuity and leverage expertise, Spencer Tucker, the former Chief Gaming Officer at Yuga Labs, will join Faraway as…
Goldman Sachs analysts believe that whether the upcoming Bitcoin halving will turn out to be a “buy the rumor, sell the news” event may have less impact on bitcoin’s medium-term outlook. They explained that the bitcoin price performance will likely continue to be driven by the supply-demand dynamic and continued demand for spot bitcoin exchange-traded […] Source link
U.S. spot bitcoin exchange-traded funds (ETFs) experienced three consecutive days of net outflows, with a loss of $58 million on Tuesday. Leading the outflow for the day was Grayscale’s GBTC. After Another Day of Outflow, IBIT Nears GBTC as Potential Leader in Spot Bitcoin ETF Market Grayscale’s GBTC continued to report reductions in its bitcoin […] Source link
The hunt for liquidity might be playing a role in OMNI’s significant crash today, as it was seen in yesterday’s PRCL airdrop. The post OMNI crashes 44% less than 12 hours after its airdrop appeared first on Crypto Briefing. Source link
The promising Layer 1 blockchain developer, Brairain, completed a Series B financing round that raised $100 million — implying increased investor confidence and a promising phase of growth for this venture. hiFramework (alongside BH Digital-AD) led the round. A number of top-level investors contributed significantly to the round, namely Polychain, Hack VC, Samsung Next, etc. Large projected investments form the core of Berachain’s growth strategy for crucial global markets, Hong Kong, Singapore, Southeast Asia, Latin America, and Africa. This intercontinental debut is a testimony to the technical excellence of the Berachain (which has transacted over 100 million transactions on its…