Author: CryptoHoppers
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The 2024 Art Market: Resilience and Realignment in the Face of Change | NFT CULTURE | NFT News | Web3 Culture
The art world, a vibrant tapestry of culture, creativity, and commerce, continues to evolve under the pressures and possibilities of the modern era. The Art Basel and UBS Global Art Market Report 2024, meticulously researched by Dr. Clare McAndrew of Arts Economics, offers a panoramic view of the art market’s performance in 2023, uncovering trends that signal both challenges and opportunities ahead. Unveiling the 2023 Landscape: A Market of Contrast and Continuity Despite global economic tremors—marked by rising interest rates, inflation, and geopolitical strife—the art market showcased a notable resilience, with a total value of USD 65 billion. This slight…
UK Judge Rules Craig Wright Is Neither Bitcoin Creator Satoshi Nakamoto nor the BTC White Paper Author
A UK Judge is ruling that Australian computer scientist Craig Wright is not Satoshi Nakamoto, the anonymous creator of Bitcoin (BTC), nor is he the author of the BTC White Paper. According to BitMEX Research, the Cryptocurrency Open Patent Alliance (COPA) – a nonprofit crypto advocacy group – recently won its case against Wright, who claimed to be the pseudonymous creator of BTC for years. The Judge in the case said there is “overwhelming evidence” that Wright is not Satoshi. As stated by the Judge, “For the reasons which will be explained in that written judgment in due course, I…
PRESS RELEASE. Miami, Florida, March 14, 2024 – IntoTheBlock, a leading provider of on-chain analytics has announced the integration of the TRON network into its Market Intelligence suite. Thanks to a collaboration with TRON DAO, these advanced indicators will be available for free to the TRON DAO community. The TRON network, known for its reliability, […] Source link
When it comes to crypto price action trading, one of the simplest and most effective reversal patterns is the wedge pattern. Its ease of identification makes it a favourite among crypto price action traders. Beyond its simplicity, this pattern provides actionable insights that are easy to understand and put into practice. It is widely acknowledged that mastering this pattern can lead to significant profits, provided traders exercise patience. In this article, we will delve into the nuances of the wedge pattern, exploring its characteristics, benefits, and strategies for optimal utilisation in cryptocurrency trading. 1. Wedge Pattern: What’s ItIn crypto trading, a…
Stacks by Transient Labs: A Revolutionary Leap for Digital Art Creators | NFT CULTURE | NFT News | Web3 Culture
In the ever-evolving world of digital art and NFTs, a new platform emerges to redefine the creator’s minting experience: Stacks, introduced by Transient Labs. This innovative platform is set to transform how artists control, present, and sell their digital creations, promising a brighter future for creators in the Web3 domain. Introducing Stacks: Empowering Creators Like Never Before Transient Labs’ Stacks platform is a game-changer for digital artists and creators. It simplifies the process of minting and selling digital art by allowing creators to independently build and publish their mint pages. By leveraging ERC1155 for editions and ERC721 for unique collections,…
A U.S. district judge has denied motions from crypto exchange Gemini and crypto lender Genesis to dismiss a case brought by the Securities and Exchange Commission over the Gemini Earn program. Judge Edgardo Ramos said in an order in the U.S. District Court for the Southern District of New York on Wednesday that the SEC “plausibly alleged” that both Genesis Global Capital, LLC and Gemini Trust Company, LLC offered and sold unregistered securities. The judge cited the Howey Test and Reves Test, which lay out a multi-factor test to determine whether an asset falls under the securities laws.”Under both Howey and Reves,…
SendingNetwork Launches Testnet for Bandwidth Mining, Redefining Decentralized Communication Infrastructure
Austin, Texas, March 13th, 2024, Chainwire SendingNetwork, communication infrastructure for web3, today announced the launch of its testnet for bandwidth mining. This launch is set to revolutionize the way we utilize bandwidth around the world. Through the implementation of an incentive testnet, rigorous security measures, and a clear roadmap towards token launch, SendingNetwork is dedicated to building a robust, secure, and community-driven network. By participating, node providers can transform bandwidth into a valuable asset that enhances the network, earning SendingNetwork Points in the process. This initiative not only promotes the efficient use of bandwidth but also lays the foundation for…
Ethereum’s Dencun Upgrade Goes Live, Promises Lower Fees and Enhanced Scalability
The Dencun upgrade was seamlessly integrated into the Ethereum mainnet at 9:55 Eastern Time (ET) on March 13, 2024. The upgrade officially went live at Beacon slot 8626176. Ethereum’s Leap Forward with Dencun Upgrade Expected to drastically lower the transaction costs for layer two (L2) networks, Dencun introduces vital improvements aimed at boosting Ethereum’s scalability. […] Source link
Share this article Ethereum (ETH) successfully implemented the Dencun upgrade this Wednesday, which is set to lower gas fees for its layer-2 (L2) blockchains. The reduction is made possible by spaces reserved on Ethereum blocks called ‘blobs’, which will store transaction data sent by the L2 networks.Stani Kulechov, the creator of Aave Protocol and CEO of Avara, stated that this upgrade will provide accessibility to end-users through lower fees, especially for decentralized finance (DeFi) application users. “By reducing these barriers, Dencun paves the way for innovation, adoption, and growth of Ethereum,” he adds.Edward Wilson, from on-chain data firm Nansen, also…