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NFT News
Bitcoinist
3w
296
Image Credit: Bitcoinist
Kraken Bids Farewell To NFTs – Is The Digital Art Boom Over?
- Cryptocurrency firm Kraken plans to shut down its NFT marketplace in early 2025, raising questions about the future of NFTs.
- Starting November 27, Kraken will terminate most of the marketplace's services, while users can still withdraw funds until February 27, 2025.
- Kraken is closing its marketplace to focus on developing new products and services, according to a spokesperson.
- The closure comes after Kraken recently trimmed its workforce and appointed a new co-CEO.
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17 Likes
Medium
3w
13
Gameness: Revolutionizing Esports and Crypto
- Gameness organizes esports tournaments for players of all skill levels.
- The platform integrates blockchain technology, allowing users to earn, trade, and use cryptocurrencies.
- Gameness incorporates NFTs, enabling gamers to own and exchange unique in-game assets and collectibles.
- Gameness focuses on community and education, providing resources for users to understand blockchain, crypto, and NFTs.
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TheNewsCrypto
3w
380
Image Credit: TheNewsCrypto
Binance Launches ‘PayDay’ Global Crypto Shopping Event with $200K Crypto Cashback
- Binance has launched Binance PayDay, its first global cryptocurrency shopping event.
- Customers making purchases with certain merchants using Binance Pay will have the opportunity to win a portion of $200,000 in PEPE rewards.
- The event includes two promotions: cashback rewards for spending a minimum of $20, and prizes for the top 100 spenders on Binance Pay.
- Binance PayDay aims to showcase the convenience and benefits of crypto payments during the holiday season.
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Crypto-News-Flash
3w
380
Image Credit: Crypto-News-Flash
New Binance Trading Pairs for SHIB, HBAR, APE: Rally Ahead?
- Binance expands its trading ecosystem by introducing seven new trading pairs and algorithmic services, enhancing market access and liquidity.
- Binance launches zero-fee trading for USDC pairs with a 100,000 USDC reward pool, attracting significant investor interest.
- Binance introduced seven new trading pairs including Apecoin (APE), Hedera (HBAR), Book of Meme (BOME), and other emerging digital assets to provide traders with enhanced liquidity and broader market access.
- Zero-Fee Trading initiative by Binance for USDC pairs offers a 100,000 USDC reward pool, sparking investor buzz and drawing considerable interest.
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22 Likes
Medium
3w
8
$RIZZMAS: The Holiday Meme Coin Making Waves in Crypto
- The token known as $RIZZMAS was officially listed on November 28, 2024.
- Various community engagement events have been organized to celebrate its launch.
- Traders can participate in $RIZZMAS by depositing tokens using the provided contract address.
- $RIZZMAS merges meme culture with holiday cheer, making it an appealing investment option.
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Cryptoslate
4w
301
Image Credit: Cryptoslate
JMJ Mach: Revolutionizing luxury watches with blockchain and NFTs
- JMJ Mach is revolutionizing luxury watches by combining traditional watchmaking with blockchain and NFTs.
- Their timepieces are 'phygital,' existing as physical luxury watches and unique digital assets.
- Each watch features a one-of-a-kind character printed on the dial that is minted as an NFT, ensuring uniqueness.
- JMJ Mach's advanced security measures, including NFC chips and encrypted keys, guarantee authenticity and ownership.
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18 Likes
Altcoinbuzz
4w
203
CZ Advocates for Real Blockchain Apps Over Meme coins
- Former Binance CEO, Changpeng Zhao, criticizes meme coins and calls for focus on real blockchain applications.
- Zhao's tweet sparks a debate, with some supporting his call for utility and others accusing Binance of fueling the meme craze.
- Growing frustration with unfulfilled promises of utility tokens and perceived simplicity of meme coins.
- Calls for transparency and better guidelines in the meme coin market.
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12 Likes
TechBullion
4w
399
Image Credit: TechBullion
Redefining Digital Ownership: Yat Siu’s Vision for the Future of Web3 and NFTs
- Yat Su is exploring how Web3 and blockchain will transform digital property rights, reputation, and economic participation.
- Web3 allows individuals to claim ownership of their reputation along with digital assets, thereby empowering people on the digital platforms.
- Yat Su argues that reputation rather than anonymity should be central to the Web3 ecosystem as reputation is the foundation of human behaviour, relationship and trust.
- Siu believes that NFTs are much more than mere digital art and collectibles as they are cultural assets and signal digital identity and community affiliations.
- Tokens are reshaping economic participation, and users are not only passive consumers but also active participants in building and benefiting from network effects.
- Web3 has the potential to democratize digital property rights, creating new opportunities for wealth generation in areas previously overlooked or undervalued.
- Yat Su shared his broader vision for the future where Web3 could lead to a fairer and more decentralized form of capitalism, challenging the current system.
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24 Likes
Crypto-News-Flash
4w
390
Image Credit: Crypto-News-Flash
Binance Announces Official Rollout of BFUSD for Futures Trading
- Binance has officially introduced BFUSD, a reward-bearing asset for futures trading.
- BFUSD offers potential gains of up to 19.55% with a total supply of 120 million.
- It features two APY reward tiers, a base rate of 29.18% and enhanced rate of up to 38.98%.
- BFUSD remains exclusive to futures accounts and cannot be withdrawn or traded on open markets.
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23 Likes
Pymnts
4w
332
Image Credit: Pymnts
The Price of Loyalty? Brands Bet Big on Blockchain to Woo Consumers
- The loyalty industry is changing due to the integration of blockchain technology.
- Blockchain technology is reshaping loyalty programs by offering more flexible and engaging reward structures.
- Younger generations, particularly Gen Z and millennials, are driving the demand for next-generation loyalty programs.
- Blockchain technology allows brands to scale loyalty programs globally while maintaining personalization.
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Bitcoinist
4w
372
Image Credit: Bitcoinist
‘Memecoins Are Getting A Little Weird’: Binance Founder Advocates For ‘Real’ Blockchain Projects
- Binance founder, Changpeng Zhao, calls for more focus on 'real' blockchain projects amidst the frenzy around memecoins.
- CZ urges the community to build applications with utility and not to completely end the memecoins craze.
- Opinions among crypto investors are split, with some agreeing that memecoins are a distraction, while others argue that memes have unique power and can lead to innovative fundraising and economic applications.
- Binance faces criticism for listing memecoins and alleged promotion of pump-and-dump schemes, leading to price jumps and subsequent drops.
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Medium
4w
31
Image Credit: Medium
Castile Chronicles: The Future of Web3 Gaming
- Nytro Lab, the creator of Castile, has raised $8 million in a recent funding round led by SevenX Ventures.
- The total funding for Castile now stands at $25 million.
- Castile is generating a lot of excitement in the web3 gaming space.
- To stay updated, you can follow Castile on their website, Discord, and Twitter.
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1 Like
TechJuice
4w
97
Image Credit: TechJuice
Weekly NFT Sales Reach $158M, Ethereum and Bitcoin Take the Lead
- Non-fungible token (NFT) sales reached approximately $158 million in the past week, slightly lower than the previous week's sales of $181 million.
- Ethereum led in terms of weekly NFT sales volume with $49 million, followed by Bitcoin with $43 million.
- Solana remained the third leading network in terms of sales volume, with $23.9 million.
- Solana experienced a 58% increase in NFT purchasers, reaching over 185,000 for the week.
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Cryptoslate
4w
844
Image Credit: Cryptoslate
Binance founder Changpeng Zhao notes ‘weird’ memecoin mania, urges utility innovation
- Binance founder Changpeng Zhao expresses concerns over the hype around memecoins and urges developers to focus on utility-driven tokens.
- Zhao acknowledges the popularity of memes but finds the direction of memecoins 'a little weird.'
- He encourages developers to create blockchain applications with real-world value instead of relying solely on hype and social media trends.
- Despite the division in the crypto community, Zhao aims to inspire more practical application development while not seeking to eliminate memecoins entirely.
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Crypto-News-Flash
4w
1.4k
Image Credit: Crypto-News-Flash
Binance Founder Zhao Changpeng Warns Memecoins Are Getting “A Little Weird”
- Binance founder Changpeng Zhao criticizes the rise of memecoins, calling them 'a little weird'.
- Zhao urges the crypto community to focus on building real applications using blockchain technology.
- While not against memes or investing in memecoins, Zhao emphasizes the importance of more builders in the industry.
- Memecoins remain a polarizing aspect of the crypto sector, with their popularity and gains dividing opinions on their impact.
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