What Happened: An anonymous bidder offered the owner of the Amazon.eth domain name $1 million for its ownership. This comes after recent sales for Samsung.eth and Starbucks.eth, which both sold for 60 Ethereum (CRYPTO: ETH), or about $90,000.
What Happened: Data analytics platform Glassnode shows Coinbase Global Inc’s (NASDAQ: COIN) Bitcoin (CRYPTO: BTC) balance has decreased from over 1 million bitcoin in 2020 to less than 600,000 bitcoin
While Ethereum (CRYPTO: ETH) is the preferred blockchain for most developers, users, and applications, it struggles to scale with user demand. At peak times, transactions on Ethereum can cost hundreds of dollars, as users essentially bid against each other to process their transactions.
Founded in 2016, 0x is one of the first ever DeFi protocols created. Pronounced “zero-ex”, this tech stack reduces transaction costs for users of decentralized exchanges (DEXs) on Ethereum (CRYPTO: ETH).
What Happened: Binance on Monday morning announced plans to give out Proof of Attendance Protocol (POAP) non-fungible tokens during Super Bowl LVI. The cryptocurrency exchange said it has partnered with celebrities like J Balvin, Jimmy Butler and Valentina Shevchenko.
After his record-breaking $69 million auction with Christie’s Auction House, Beeple is now releasing some of his NFT artwork on Nifty Gateway via drawing.