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NFT News
Hackernoon
1M
22
Image Credit: Hackernoon
GPT-4o Is Forcing NFTs to Grow Up
- The release of GPT-4o’s image generation feature raises questions about the future of NFTs
- AI's ability to replicate artistic styles challenges the value proposition of NFTs
- NFTs must evolve to offer utility beyond pixels, such as real-world perks or governance rights
- NFTs may transform into dynamic co-creations that evolve based on holder input
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TheNewsCrypto
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Binance Updates Crypto Transfer Rules in South Africa Amid Regulatory Push
- Binance will revise crypto deposit and withdrawal procedures in South Africa to comply with local regulations, starting from April 30.
- Users will be required to provide additional details, such as the full name of the sender, country of residence, and originating crypto exchange, during transfers.
- Failure to provide the necessary information may lead to delayed transactions or funds being returned to the sender.
- South Africa is increasing its regulatory efforts to position itself as a potential crypto hub, with the country's crypto market projected to generate significant revenue in the coming years.
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Blockonomi
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Image Credit: Blockonomi
Bored Ape Creators Hunt for Fugitive Influencer’s $400K Crypto Fortune
- Yuga Labs filed a turnover order to seize nearly $400,000 in crypto assets from influencer Jeremy Cahen (Pauly0x)
- The court previously ruled Cahen and artist Ryder Ripps infringed on Yuga Labs’ Bored Ape Yacht Club trademark
- Cahen allegedly moved crypto to avoid asset seizure after a levy was issued
- Cahen is currently on San Juan, Puerto Rico’s “Most Wanted” list for aggravated assault
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Cryptopotato
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Image Credit: Cryptopotato
This Altcoin Soars by Double Digits Following Support From Binance, Upbit: Details
- A low-cap altcoin, DeepBook (DEEP), has experienced a significant surge in price following support from Binance and Upbit.
- The price of DEEP jumped to a seven-week high of $0.16 before retracing to $0.11, representing a 22% increase in a day.
- Binance Futures launched the DEEP/USDT perpetual contract with up to 50x leverage, while Upbit listed the DEEP/KRW trading pair.
- Support from major exchanges enhances liquidity, visibility, and reputation of cryptocurrencies, as seen in past examples with Binance and Upbit.
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Alleywatch
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The 14 Largest Global Startup Funding Rounds of March 2025
- Lila Sciences, a Cambridge-based company, raised $200.0M in seed funding for its scientific superintelligence platform with various investors.
- Shield AI, a San Diego-based deep-tech company focusing on AI-powered systems for safety, secured $240.0M in Series F funding.
- Celestial AI, located in Santa Clara, received $250.0M in Series C funding for its optical interconnect technology platform for data center solutions.
- Epirus, based in Torrance, raised $250.0M in Series D funding for its directed energy and power management systems.
- Island from Dallas secured $250.0M in Series E funding for its enterprise browser enhancing security and productivity.
- AMBOSS, a Berlin-based digital medical knowledge platform, raised €240.0M in venture funding for clinical content.
- Flock Safety, an Atlanta-based provider of surveillance solutions, raised $275.0M in Series F funding for law enforcement support.
- Mercury from San Francisco, offering online banking for startups, received $300.0M in Series C funding.
- Fleetio, a Birmingham-based fleet maintenance management software, secured $450.0M in Series D funding for optimizing workflows.
- Nerdio, a Chicago-based cloud solutions provider, raised $500.0M in Series C funding for IT management streamlining.
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TheNewsCrypto
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375
Metaplex Faces Legal Heat Over Plans to Redirect User Funds
- Metaplex is facing legal scrutiny from Burwick Law over its transfer of more than 54K unclaimed SOL.
- Holders have until April 25, 2025, to reclaim funds.
- Burwick Law argues that many NFT holders were never clearly notified that their unused funds might be swept into a treasury they don’t control.
- Burwick has proposed a resolution that includes pausing the token sweep and refunding remaining rent directly to NFT holders.
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Cryptopotato
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217
Image Credit: Cryptopotato
Important Binance Updates Concerning Various Altcoin Traders
- Binance will transfer more than a dozen cryptocurrencies from Alpha Account to Spot Account on April 22.
- Trading bots services for select USDC pairs will go live the same day, though users from some regions won’t have access.
- The transfer will enable users to trade, deposit, or withdraw the involved assets via networks supported by Binance Spot Account.
- Recent updates include a community vote to determine least favored tokens and potential delistings affecting token prices.
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Bitcoinist
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Image Credit: Bitcoinist
Solana Builds Momentum For An Explosive Rally As Key Chart Pattern Takes Shape
- Solana faces resistance at $141 level, but analysts foresee a rally to new highs.
- Solana has formed an Expanding Triangle chart pattern that suggests a potential upswing to $300.
- Increase in on-chain activity and network growth support Solana's rally to new all-time highs.
- Solana's staking ratio surpasses Ethereum, with a staked value of $58 billion.
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24 Likes
Bitcoinist
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Image Credit: Bitcoinist
TradFi Turns To Crypto: Top Brokerage Firm Plots 2026 Trading Debut
- Charles Schwab plans to launch a cryptocurrency trading platform as early as next year, signaling increasing mainstream adoption of digital currencies.
- Increased customer demand has prompted Schwab to expand its offerings beyond digital currency assets like Bitcoin futures and crypto ETFs.
- The move comes as the US regulatory outlook for cryptocurrencies appears to be improving, with Schwab anticipating easier access for customers to trade in cryptocurrencies.
- Schwab's entry into the cryptocurrency market would position the brokerage firm as a strong competitor to established exchanges, potentially leading to greater variety and standards of service for investors.
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Bitcoinist
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254
Image Credit: Bitcoinist
Decentralized Defense? NFT Group Targets Cold War Nuclear Bunker Buy
- An apocalyptic-themed Solana-based NFT project aims to sell 100,000 virtual tokens to buy a Cold War nuclear bunker in England.
- The token sales will start on April 21 at a price of $14 per token, with 10,000 tokens being distributed to current token holders.
- The bunker, located in Rutland, England, is being auctioned for £650,000 and has permissions for conversion into a house.
- Token holders will become members of the 'Billionaire Bunker Club' and participate in the decision-making process for the utilization of the bunker.
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Zycrypto
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86
Image Credit: Zycrypto
Changpeng Zhao Reveals His Crypto Portfolio, Users React to BTC Holdings
- Binance co-founder Changpeng “CZ” Zhao has revealed his crypto holdings, including BNB, Bitcoin (BTC), EURI, and USDT.
- BNB accounts for 98.48% of Zhao's portfolio, whereas BTC accounts for 1.32%.
- Some users expected Zhao to hold more Bitcoin considering its utility and market cap, but BNB holding drew attention.
- Stablecoin volumes have been on the rise, with institutional investors considering them as safe assets in the volatile crypto market.
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Crypto-News-Flash
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389
Image Credit: Crypto-News-Flash
Binance Retail Activity Hits 89.6%, What It Reveals
- Binance's retail dominance index currently stands at 89.6%, indicating strong engagement from small wallets.
- Retail trust in Binance remains high despite recent AWS outage and regulatory discussions.
- Binance's high dominance of small users reflects trust and comfort within the retail community.
- Binance executives are actively engaging with regulators and exploring partnerships to shape future policies.
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23 Likes
Medium
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Image Credit: Medium
CosmicFactions Becomes Cosmix: New Name, Same Cosmic Brilliance
- CosmicFactions has rebranded to Cosmix.
- The new name reflects the growth, expansion, and evolution of the project.
- Cosmix aims to revolutionize Web3 gaming with cutting-edge experiences.
- The rebrand ensures a distinct identity, alignment with expanded ambitions, and continuity in branding.
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13 Likes
Cryptopotato
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449
Image Credit: Cryptopotato
Ethereum Upgrades Could Boost Scalability, Payments Role: Binance
- Ethereum's upcoming Pectra and Fusaka upgrades could enhance scalability and improve its role in crypto payments.
- Solana and BNB Smart Chain are gaining ground in DEX volumes and fees due to faster speeds and lower costs compared to Ethereum.
- The Pectra upgrade, scheduled for May 2025, aims to increase scalability and usability through core improvements and 11 Ethereum Improvement Proposals (EIPs).
- Fusaka, planned for late 2025, will enhance Ethereum's scalability by introducing PeerDAS and simplifying smart contract creation.
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Medium
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Image Credit: Medium
Bitcoin: The Digital Gold Disrupting the World of Money
- Bitcoin is the first decentralized digital currency, created in 2009 by an unknown person (or group) under the pseudonym Satoshi Nakamoto.
- Bitcoin's power lies in its decentralization, limited supply, global accessibility, and transparent security provided by blockchain technology.
- While Bitcoin faces challenges such as energy consumption, volatility, regulatory uncertainty, and illicit activities, it is reshaping the financial system and drawing attention from institutional giants.
- Bitcoin is not about getting rich overnight but redefining the rules of the game, challenging fiat currency, and offering a mathematical, decentralized, and borderless future of money.
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