Author: Kryptonews

Against the backdrop of the continued rise of the global cryptocurrency market, BSTR Miner cloud mining platform officially launched a new user incentive plan, with “zero threshold, high benefits” as the core, to help novice and veteran users easily participate in digital currency mining. With its innovative reward mechanism, flexible contract selection and transparent profit model, the platform has quickly become the focus of the industry.Sign up and get $10, the first step to “lying down and making money”In order to lower the threshold for user participation, BSTR Miner launched a “registration bonus” plan for new users: After completing the…

The payments giant Stripe is developing its own stablecoin and plans to start testing the asset soon. Jennifer Lee, a product manager for Stripe Crypto, announced the news on Friday, asking companies outside the US to reach out if they were “interested in dollar access.” Lee says the asset will be powered by Bridge, a stablecoin startup Stripe acquired in February. Patrick Collison, Stripe’s chief executive, says his firm has “wanted to build this product for around a decade.” Earlier this year, he and his brother John Collison, the Stripe co-founders, wrote in the firm’s annual letter that stablecoins represent…

United States Senator Jon Ossoff expressed support for impeaching President Donald Trump during an April 25 town hall, citing the President’s plan to host a private dinner for top Official Trump memecoin holders. “I mean, I saw just 48 hours ago, he is granting audiences to people who buy his meme coin,” said Ossoff, a Democrat, according to a report by NBC News. “When the sitting president of the United States is selling access for what are effectively payments directly to him. There is no question that that rises to the level of an impeachable offense.”Senator Ossoff said he “strongly” supports impeachment…

Backpack’s founders, who are building a crypto exchange and wallet, have experienced strong growth since launching in 2022. But the road wasn’t easy. FTX co-led Backpack’s $20 million strategic investment round in September 2022. Less than two months later, in November 2022, FTX collapsed. “We lost 80% of the operating capital on FTX. We spent all this time building this protocol and it was like an on-the-ground knockout and [we] needed to be resuscitated back to life,” Armani Ferrante, co-founder of Backpack and the NFT collection Mad Lads, told TechCrunch. Not only did they lose their investment money and a…

At least 1,000 paintings that the artist Damien Hirst said were “made in 2016” were created several years later, the Guardian can reveal.Hirst produced 10,000 of the paintings, each comprising colourful hand-painted dots on A4 paper, as part of a project called The Currency that was born from the idea of creating a form of money from art.The year 2016 was inscribed on the works beside the artist’s signature. Hirst and the authorised seller of the paintings repeatedly said the physical works were created in 2016.When they went on sale in 2021, in a high-profile event at which buyers were…

Terrill Dicki Nov 16, 2022 16:00 Red Bull Racing’s cars will feature a nonfungible token (NFT) on their livery in what is being called a first in F1. Lei the Lightning Azuki, an NFT artwork and character from the anime-inspired Azuki collection, will represent the team. The NFT team of Red Bull Racing is now in the driver’s seat for the last race of the season. Red Bull Racing will continue the trend of cryptocurrency and blockchain technology companies playing a significant role in Formula 1 by imprinting a nonfungible token (NFT) on…

Non-fungible token (NFT) marketplace OpenSea regained its position as the leading platform for digital collectible trading, even as overall market activity declined.Data tracker NFTScan shows that OpenSea has held the top spot in NFT marketplace trading volume for the last 30 days. According to the data, OpenSea holds more than 40% of the market’s trading volume, while Blur, its largest competitor, is at 23%. NFT platform Magic Eden has a 7.69% market share, while OKX NFTs have a 5% market share. The data tracker also shows that in the last month, almost 70% of the wallets transacting with NFTs engaged with…

Gaming tokens have seemingly been on the sidelines since the 2021 crypto boom. In fact, data from SoSoValue shows that they were the worst-performing crypto basket over the last 12-month period, enduring a 62% drop in the period, compared to a 174% rise on PayFi tokens.However, under the Trump administration’s crypto-friendly stance, it might be changing.Gala Games—a blockchain-based gaming platform—says it became the first crypto gaming company to partner with the White House, bringing a Web3 game Easter Egg Hunt to the 2025 Easter Egg Roll. White House official X’s account also mentioned on the social media platform about the…

The pioneering force in the Web3 landscape, Void 2122, seamlessly gears up blockchain technology to spearhead tactical card battles. Starting October 31, NFTs will take these gaming adventures to the next level!   As Void 2122 embarks on its second year, the turn based strategy card game marks a trail toward an enticing endeavor: ‘Void Connect’. Players can command their troops and partake in thrilling battles for loot and ranking. Driven by a team of passionate Web3 enthusiasts inspired by The Gathering and Pokémon, Void’s adventures go beyond financial gains. The aim is to craft an ardent user base built on…

26Cryptocurrency exchange Bybit has announced that it will end its non-fungible token (NFT) operations by April 8, 2025. The company shared the news through a statement on its official website on April 1, advising users to manage their assets before the shutdown date. This closure will affect its NFT marketplace, as well as the Inscription Marketplace and IDO product pages.While the company did not provide specific reasons for the discontinuation, it follows a trend seen across the industry. In recent months, several other companies have made similar moves in response to market conditions. One example is X2Y2, a well-known NFT platform, which…