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NFT News
Medium
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267
Image Credit: Medium
Gaimin.io: Empowering Gamers with Blockchain Technology
- Gaimin.io is a decentralized ecosystem that rewards gamers for their time and hardware.
- Gamers can earn real-world rewards while playing games by putting their gaming PC to work.
- Gaimin.io aims to empower gamers and redefine how they interact with their hardware, digital assets, and each other.
- It represents the future of gaming, with a decentralized and player-first approach.
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Crypto-News-Flash
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Image Credit: Crypto-News-Flash
Binance Coin Surges to New Highs, Targeting $1,000 Next
- Binance Coin (BNB) reaches a new all-time high (ATH) of $774, driven by technical patterns and market sentiment.
- BNB aims to reach $1,000 next, supported by increasing trading volume and positive market trends.
- A break from an inverse head-and-shoulders pattern and the formation of a golden cross contribute to the rise in BNB price.
- Despite potential resistance levels, analysts remain optimistic about BNB's future success.
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Bitcoinist
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65
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Crypto Exchanges Witness Historic Institutional Surge: Binance Takes the Lead in 2024
- The cryptocurrency exchange market has witnessed a historic surge in institutional activity in 2024.
- Major exchanges are experiencing significant growth in Bitcoin and USDT deposits, indicating increased confidence from institutional investors.
- Binance has emerged as the leading exchange in attracting institutional funds, with substantial increases in daily Bitcoin and USDT deposits.
- The surge in institutional interest suggests that the cryptocurrency market has immense potential for further growth.
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Massivelyop
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Ubisoft is shuttering XDefiant already, along with multiple studios – around 277 workers affected
- Ubisoft is permanently shutting down XDefiant, a game that had been in development for a long time.
- Players who purchased content will be refunded, but new downloads and purchases will no longer be available.
- The closure of XDefiant will result in the layoffs of around 277 Ubisoft employees.
- This is not the first round of layoffs for Ubisoft in 2024, as the company has faced various challenges throughout the year.
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Bitcoinist
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267
Image Credit: Bitcoinist
Binance And Coinbase Hit As Cambodia Blocks 16 Crypto Platforms
- Cambodia has blocked access to 16 cryptocurrency exchanges, including popular platforms like Binance and Coinbase, citing lack of proper licensing.
- The Telecommunication Regulator of Cambodia (TRC) suspended the websites of these exchanges for violating state licensing rules.
- While the website access is blocked, users can still access the mobile apps of these exchanges.
- Cambodia's position in the global crypto landscape remains strong, being among the top 20 countries for retail cryptocurrency adoption per capita.
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Hackernoon
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Image Credit: Hackernoon
Build Your Own Exciting NFT Marketplace With This Code
- This guide explores how to develop and deploy a functional NFT marketplace on Linea, a zkEVM rollup by Consensys.
- The contract has key features such as listing, buying, delisting NFTs, and batch buying to optimize for gas efficiency.
- The NFT listing enum lists the owner and price and categorizes listings based on NFT contract addresses and token IDs.
- The listNFT function allows users to list their NFTs for sale on the marketplace. It validates that the user is the owner, enters a price greater than zero, and removes the NFT from the seller's account.
- The buyNFT function enables users to purchase an NFT listed on the marketplace. It validates that the Ether sent is sufficient to cover the NFT price and removes the listing entry for the NFT.
- The buyMultipleNFT function allows a user to purchase multiple NFTs in a single transaction, calculating the total price for all NFTs to validate the funds are sent.
- The delistNFT function allows a seller to remove their NFT from the marketplace, transferring the NFT back to the seller's account.
- The NFT marketplace contract emits events for listed, purchased, and delisted NFTs to ensure transparency during these operations.
- The guide includes sample tests to verify the smart contract and explains how to deploy and verify them on Linea using Foundry and Solidity.
- Overall, building an NFT marketplace using smart contract platforms like Linea and modern development tools can create a robust platform for secure and transparent NFT trading.
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Bitcoinik
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Image Credit: Bitcoinik
Binance co-founder CZ indirectly denies help for WazirX customers: WazirX hack & downfall
- Binance co-founder CZ indirectly denies help for WazirX customers.
- CZ claims he warned people about WazirX before the incident.
- WazirX customers urge CZ to intervene in the $17 million seizure by Binance.
- Binance and WazirX faced issues after failed acquisition and hacking incident.
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Coinjournal
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Image Credit: Coinjournal
Cambodia crackdown locks out 16 crypto exchanges
- Cambodia has intensified its digital assets regulatory measures.
- 16 popular cryptocurrency exchange platforms have been banned in Cambodia.
- The exchanges were blocked for failing to obtain a legal license from the country's regulatory authorities.
- Despite the ban, most of the banned exchanges' mobile apps remain functional.
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TronWeekly
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Image Credit: TronWeekly
Coinbase Withdraws from Turkey, Joins Growing Liquidation Trend
- Coinbase, one of the leading U.S.-based cryptocurrency exchanges, has officially withdrawn from the Turkish market and filed for liquidation.
- This decision marks a significant shift in the country's crypto landscape and follows the trend of other firms like QNB Digital Assets and Finceptor requesting liquidation.
- While some crypto firms exit Turkey, others like Yapi Kredi and BtcTurk are ramping up their custody service applications.
- Turkey, ranking fourth in the world by trading volume, has seen a wave of liquidations in the market, with Coinbase being one of the 14 firms to file for liquidation.
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Changelly
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Image Credit: Changelly
How to Make Money with NFTs in 2024
- NFTs, or non-fungible tokens, are unique crypto tokens used to certify ownership and authenticity of digital art, collectibles, game items, music, videos, and other digital and physical assets, and hold their value based on their rarity, demand and the artist’s fame.
- There are numerous opportunities for generating income with NFTs, including creating and selling your own digital art, investing in NFT collections or virtual land and metaverse assets, staking NFTs for rewards or trading NFTs on secondary markets.
- Setting a budget, researching market trends, analyzing value factors, and monitoring market for trends and news is crucial to be successful in investing in NFTs, but investing in NFTs can be risky and there’s no guarantee of returns.
- Besides making money, NFTs offer unique benefits such as digital ownership, potential for high returns, diversification of investment portfolios, supporting artists and creators, and access to exclusive content and experiences.
- However, there are also risks associated with investing in NFTs including market volatility, lack of liquidity, copyright and intellectual property issues, fraud and scams, and environmental concerns associated with high energy consumption of the blockchain network.
- To make and sell NFTs, you need to create and mint your digital content, set a price for your NFT, connect your digital wallet to the NFT platform, and promote it to potential buyers through social media and marketing channels.
- Remember that NFTs are not considered real money, but they have the potential to be valuable digital assets and should be treated as an investment. Always do thorough research, assess risks, and never invest more than you can afford to lose.
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Zycrypto
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329
Image Credit: Zycrypto
Binance Founder ChangPeng Zhao Says He Has “No Wish” to Return as CEO
- Binance co-founder Changpeng Zhao has no wish to return as CEO of the company after his resignation last year.
- Zhao stated that he wouldn't mind a pardon from President Trump, but he has no interest in being CEO again.
- He expressed willingness to work with the Trump administration to formulate friendly crypto policies, even though he can't be appointed as he's not a US citizen.
- Since his release from prison, Zhao has been focusing on launching a children's platform named Giggle Academy.
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Cryptoticker
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Image Credit: Cryptoticker
What Happened to RTFKT? Investors Demand Accountability
- RTFKT, the groundbreaking brand that merged digital fashion, gaming, and Web3 technology, has officially announced its shutdown, leaving the NFT community in turmoil.
- The sudden decision to wind down operations raised concerns about the fate of flagship projects like Clone X and INVTRY as investors grapple with significant financial losses.
- The acquisition of RTFKT by Nike was seen as a bold endorsement of NFTs and digital collectibles but investors are questioning the motives and outcomes of this acquisition.
- The lack of transparency about the company’s direction after Nike’s acquisition has frustrated many investors, while the rapid decline of the brand has raised doubts about the sustainability of its creative strategies.
- The decision to shut down RTFKT just three years after its acquisition has raised questions about the judgment of key figures at Nike.
- The collective failure of key figures at Nike to secure a sustainable future for the brand has drawn sharp criticism from the NFT community and investors alike.
- The fate of INVTRY, a key part of the RTFKT ecosystem, is uncertain, with widespread speculation that INVTRY has been abandoned.
- The shutdown announcement has sparked fears that Clone X, RTFKT’s flagship NFT project, will also be abandoned.
- The decision to wind down RTFKT has baffled the NFT community, especially as the market shows signs of a resurgence, with many criticizing the decision.
- Some speculate that this is purely a corporate decision, with Nike opting to cut losses and move on, while others emphasize the need for accountability, urging Nike to provide a detailed explanation of the decision and its implications for ongoing projects like Clone X and INVTRY.
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TheNewsCrypto
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Binance & Cristiano Ronaldo Launch Fifth Digital Collectibles ‘ForeverSkills’ Featuring Skill Challenges and Exclusive Rewards
- Binance and Cristiano Ronaldo have launched a new line of digital collectibles called 'ForeverSkills'.
- The collection includes a 'Proof of Skills' challenge where participants can demonstrate their football talents to Ronaldo and win exclusive rewards.
- Free and premium collectible owners will have access to skill video lessons by Ronaldo, with premium holders getting additional perks.
- Top participants in the challenge will have the opportunity to attend a masterclass with Cristiano Ronaldo in person.
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Medium
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127
Image Credit: Medium
Jet to Cash, Make a Splash: Win Your Share of €4,000,000 in This Epic Tournament
- Participate in the 'Jet to Cash, Make a Splash!' tournament and win a share of €4,000,000.
- The contest is simple, fair, and packed with action in Web3 games.
- Prizes are given out daily, and participants can track their progress on the live game leaderboard.
- This is an opportunity to turn crypto gaming skills into real cash and experience the blend of Web3, NFTs, and gaming.
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Crypto-News-Flash
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Image Credit: Crypto-News-Flash
Binance Supports Wise Monkey Airdrop for FLOKI and APE Holders
- Binance will support the Wise Monkey (MONKY) airdrop for FLOKI and APE holders with distinct eligibility criteria.
- Eligible FLOKI holders will receive MONKY tokens at a ratio of 0.35 MONKY for every FLOKI token, while eligible APE holders will receive 804,828 MONKY tokens for each APE token.
- The airdrop will take place on the BNB Chain, and participants can qualify regardless of the location of their tokens.
- This airdrop follows Floki Inu's previous successful airdrop, the Simon's Cat airdrop, which distributed CAT tokens to qualified FLOKI holders.
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