NFT collections take massive price hit in 2023: Nifty Newsletter, May 24–30
The value of popular NFTs has sharply declined over the past year, with drops of up to 95%. In this...
Month: May 2023
Fantom starts paying developers to generate gas fees
Developers will get a 15% cut of the fees they generate, but only if their app has done more than...
Web3 gaming gets competitive: QORPO Game Studio joins Cointelegraph Accelerator
Web3 game developer QORPO Game Studio aims to introduce competitive esports to the Web3 gaming ecosystem. The Web3 gaming world...
TRC-20 USDT circulation hits record high 5 years after Tron mainnet launch
Over 60% of USDT's supply is currently issued on the Tron blockchain, according to Tether data. On May 31, Tether...
Former House Rep blames industry outsiders for associating crypto with bank’s failure
According to Barney Frank, Signature Bank's only issue prior to regulators seizing control in March was "crypto-fear inaccurate withdrawals." Barney...
Bitcoin played second fiddle as KAVA, XRP, TRX, RPL and RNDR led the crypto market in May
Bitcoin is about to close its worst performing month since FTX collapsed, but a handful of altcoins posted noteworthy gains...
From cricket to crypto: AB de Villiers ventures into Web3
South African cricket icon AB de Villiers trades his bat for Web3 as he discusses his love affair with NFTs...
Binance plans new round of layoffs amid increased regulatory scrutiny
Binance's chief strategy officer Patrick Hillmann hinted on Twitter the resource reorganization is meant to address growing regulatory pressures targeting...
Bitcoin fragments could become more valuable than full Bitcoins
Collectors known as “sat hunters” are collecting satoshis from rare Bitcoin — and those fragments may eventually be worth more...
AI demand briefly catapults Nvidia into $1T club
Nvidia share prices have more than tripled since October 2022 as demand for AI tech surges. Computer chip manufacturer Nvidia...
Crossing the Divide: Ethereum NFTs Link to Bitcoin, But There’s No Return Path
Ethereum is currently the most popular platform for trading NFTs in terms of trading volume and value. However, Bitcoin has...
Web3 developer Magic raises $52M in funding led by PayPal Ventures
The company has raised $80 million for wallet development since its inception in 2020. On May 31, San Francisco-based wallet-as-a-service...
Bitcoin hodlers exited ‘capitulation’ above $20K, new metric hints
Long-term holder spending is “seeking equilibrium,” Glassnode suggests — but nothing will be quiet for long. Bitcoin (BTC) is in...
EU, US should push for AI code of conduct: EU tech chief
The EU tech chief spoke to members of the EU-U.S. Trade and Technology Council about the need for a voluntary...
Mad scientist’s NFTs degrade when they’re traded: 0xDEAFBEEF, NFT Creator
Self-proclaimed tinkerer 0xDEAFBEEF has hit it big with audiovisual NFTs that slowly degrade in quality every time they’re traded. When...
