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NFT News
Dev
2w
81
Image Credit: Dev
Bridging Open Source Funding with Gemini's Nifty Gateway
- Gemini's Nifty Gateway is leveraging blockchain and NFTs to revolutionize open source software funding.
- Tokenizing contributions and fostering community investment offers sustainable funding mechanisms.
- Blockchain ensures transparency, while NFTs represent unique OSS assets.
- Gemini's features include tokenized contributions, project milestone NFTs, exclusive NFT benefits, and corporate sponsorship opportunities.
- Challenges like market volatility, IP concerns, and ethical considerations accompany NFT funding for OSS.
- Future trends include advancements in blockchain infrastructure, hybrid funding models, and community-driven innovations.
- Industry collaborations aim to balance innovation with ethical funding practices.
- Gemini's Nifty Gateway offers a promising way to bridge traditional and blockchain-based funding for OSS sustainability.
- Embracing blockchain and NFTs can lead to financial stability, transparency, and equitable recognition for developers.
- The evolving funding landscape in open source development signifies a collaborative, community-driven future for technology.
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Dev
2w
352
Image Credit: Dev
Gemesis (OSP) and Indie Hacking: Revolutionizing the NFT Industry
- Gemesis, an open-source platform, is transforming the NFT industry through indie hacking, empowering indie creators.
- NFTs are unique digital assets verified by blockchain technology, offering transparency in ownership.
- Gemesis leverages open-source collaboration, inviting developers and creators to innovate together.
- Indie hacking promotes self-funded, independent innovation, enabling creators to mint NFTs and engage with communities directly.
- Gemesis focuses on decentralization and sustainable blockchain practices to reshape digital ownership and funding.
- Key components of the ecosystem include NFTs, Gemesis (OSP), indie hacking, decentralization, and blockchain.
- Gemesis uses decentralized governance, promotes open-source licensing, and integrates sustainable practices.
- Indie hacking on Gemesis enables direct NFT minting, community integration, and enhanced personal branding for creators.
- Gemesis employs smart contracts, interoperability, and scalability solutions to support its ecosystem.
- The platform facilitates various use cases like digital art, gaming assets, and community funding models.
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Medium
2w
356
Image Credit: Medium
Blades of the Void: Where Skill Meets Strategy and Rewards
- Blades of the Void is a unique game where players can earn $VOID tokens, loot boxes, and upgrade materials by participating in matches against real opponents or AI missions.
- The game operates on a player-owned economy, allowing players to own and trade in-game assets like characters, weapons, armor, mounts, and land as NFTs on open markets.
- Players can stake claim to land in the game, build structures for passive income or clan support, and use the merging system to upgrade items into rarer, more powerful versions.
- Blades of the Void rewards time, skill, and strategy rather than pay-to-win models, offering earning opportunities through tournaments, seasonal events, and future content updates.
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Bitcoinist
2w
55
Image Credit: Bitcoinist
Ethereum’s Exchange Supply Drops To New Lows As ETH’s Price Closes Another Bearish Month
- Ethereum's price is showing strong upward movements near $1,900, with a sharp drop in exchange reserves indicating investors are moving ETH into long-term storage.
- Investors withdrawing ETH from major exchanges like Binance reflects a positive sentiment towards Ethereum's long-term prospects amidst the ongoing bull market.
- Data reveals Ethereum's supply on exchanges has decreased significantly, historically preceding price rises, suggesting a potential continuation of the current uptrend.
- Though Ethereum has closed another month in a bearish style, technical analysis indicates a potential end to the negative streak as the altcoin shows signs of a bullish outlook.
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TronWeekly
2w
348
Image Credit: TronWeekly
Binance Moves $2.36B in Bitcoin: What’s Behind the Massive Transfer?
- Binance transferred 25,177 BTC worth $2.36B on April 25, 2025, sparking market interest in the purpose of the transaction.
- The transfer was an internal movement within Binance's wallets, with no external withdrawals or user involvement observed.
- Binance plans to address the internal wallet transfer in its May 1 Proof of Reserves report to clarify the situation for the market.
- The significant Bitcoin transfer by Binance is seen as a routine step for security and compliance, with exchanges often distributing funds across wallets to manage risk.
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Crypto-News-Flash
2w
370
Image Credit: Crypto-News-Flash
Binance and Bithumb Back IOTA Rebased Upgrade Set for Next Week
- The IOTA Rebased mainnet upgrade is scheduled for May 5, with support announced by exchanges like Binance and Bithumb.
- Binance highlighted that the upgrade would start at 7:00 UTC, with deposits and withdrawals disabled an hour prior to ensure stability.
- Users are advised to transition to a new official wallet as the current Firefly will not be supported post-upgrade. No token migration is necessary.
- The IOTA EVM will be operational after the upgrade, with plans for 150 validators in the coming months. Projects are gearing up to deploy on the mainnet, with IOTA's price showing positive indicators.
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Bitcoinist
2w
172
Image Credit: Bitcoinist
Trump’s World Liberty Financial Stablecoin Chosen For $2 Billion Binance Deal
- Abu Dhabi investment firm invests $2 billion in Binance using a stablecoin launched by Donald Trump’s World Liberty Financial venture.
- World Liberty Financial's stablecoin, USD1, backed by US Treasuries, cash, and equivalents, facilitated the investment announcement, marking it as one of the fastest-growing stablecoins in circulation.
- Binance founder Changpeng Zhao met with World Liberty Financial co-founders, including Zach Witkoff, in Abu Dhabi, highlighting their collaboration despite Zhao's past legal issues.
- World Liberty Financial’s USD1 stablecoin is set to be integrated into the Tron blockchain, associated with investor Justin Sun, creating potential conflicts of interest amidst regulatory and legal challenges faced by the Trump family.
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Cryptopotato
2w
206
Image Credit: Cryptopotato
$2.35 Billion in BTC Moved From Binance: Should Investors Be Alarmed?
- A massive transfer of 25,177 BTC, valued at over $2.35 billion, was moved from one of Binance's known wallets on April 25.
- Speculations arose within the community about whales withdrawing funds or a potential hack, but analysis suggests it was an internal transfer.
- CryptoQuant's analyst indicated that the transfer would be clarified in Binance's proof of reserves report, yet to be published as of now.
- Despite concerns, there appears to be no imminent threat, with BTC's price remaining largely unaffected by the transfer.
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Dev
2w
319
Image Credit: Dev
Elon Musk's Dive into the CryptoPunks Phenomenon: A Journey Through the NFT Universe
- Elon Musk's dive into the CryptoPunks phenomenon showcases his influence on NFTs and blockchain technology.
- CryptoPunks, created in 2017, are unique algorithmically generated characters on the Ethereum blockchain.
- Musk's engagement with CryptoPunks signals innovation and mainstream acceptance beyond transactions.
- CryptoPunks' scarcity and 8-bit aesthetic contribute to their value, and Musk's involvement boosts interest in NFTs.
- CryptoPunks use blockchain for secure ownership, and Musk's influence mirrors his impact on major cryptocurrencies.
- Key features of CryptoPunks include decentralized ownership, algorithmic generation, and interoperability.
- NFTs bridge art and technology, offering investment opportunities and cultural recognition.
- Challenges in the NFT space include energy consumption, market volatility, and regulatory uncertainties.
- Future trends involve enhanced blockchain solutions, cross-industry integrations, and new funding models.
- Elon Musk's foray into CryptoPunks exemplifies the digital transformation in art, finance, and technology.
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Bitcoinsensus
2w
267
Image Credit: Bitcoinsensus
MGX Invests $2B in Binance, Pushing Trump-Backed USD1 Stablecoin to $2.12B Market Cap
- MGX, an AI-focused fund, has invested $2 billion in Binance, using the USD1 stablecoin in the transaction.
- The market cap of USD1 stablecoin has surged to $2.12 billion, marking a 1436.23% increase following the investment announcement.
- BNB token experienced a 1.5% gain as MGX made the largest institutional crypto investment in a company to date.
- Eric Trump announced the strategic use of USD1 stablecoin in MGX's investment in Binance, highlighting the significance of USD1 as a financial tool.
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TronWeekly
2w
401
Image Credit: TronWeekly
Why Binance Dominates Whale Deposits During Crypto Market Dips: Report
- Binance, Coinbase, and Kraken dominate Bitcoin whale deposits, especially during volatile market conditions.
- On February 25, Binance received 11.3K BTC in whale deposits, surpassing Coinbase and Kraken.
- Binance leads in XRP whale deposits, with daily inflows ranging from 0.2 to 6.9 billion XRP, influencing price shifts.
- Stablecoin inflows on Binance boost liquidity and reflect trust from major investors, impacting market movements.
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The Verge
2w
125
Image Credit: The Verge
MoviePass’ next big pivot is basically blockchain sports betting for film buffs
- MoviePass and Mysten Labs are launching Mogul, a competitive entertainment platform inspired by fantasy sports and built on the blockchain.
- Users can compete in fantasy-style tournaments making predictions about films' critical ratings, awards, and box office performance, with a chance to win digital collectibles and in-game currency.
- More than 400,000 people have signed up for Mogul's early-access waitlist, and the platform aims to blend ticketing, fandom, and speculation into one seamless entertainment journey.
- MoviePass, known for its past financial troubles, is now pivoting towards NFTs and blockchain-based sports betting for film enthusiasts, as a new strategy to engage fans and infuse gamification in the cinema industry.
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7 Likes
Cryptopotato
2w
95
Image Credit: Cryptopotato
World Liberty’s USD1 to Power $2B MGX Investment in Binance
- World Liberty Financial's stablecoin, USD1, will be used as the settlement currency for a $2 billion investment by MGX into Binance.
- The partnership signifies a significant milestone for USD1, rapidly reaching a $2.1 billion valuation despite not being listed on major centralized exchanges.
- USD1's growth has been remarkable, surpassing $1 billion market cap within weeks, driven by partnerships and increasing circulation.
- The stablecoin's expansion to the Tron network and potential listings on major exchanges could reshape the stablecoin hierarchy in the future.
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5 Likes
Dev
2w
341
Image Credit: Dev
Doodles: Indie Hacking Success Stories from the NFT Realm and Beyond
- Doodles exemplifies indie hacking success in the NFT field, blending art, blockchain, and community.
- The project's community-driven approach, agile development, and innovative monetization strategies set it apart.
- NFTs have revolutionized digital ownership, allowing projects like Doodles to thrive in community-focused ecosystems.
- Doodles' core values include community-driven innovation, innovative monetization, agile development, creative storytelling, and collaborations.
- The project offers practical experiences like virtual events, digital identity creation, and collaborative art projects.
- Technical challenges faced by projects like Doodles include smart contract vulnerabilities and scalability issues.
- Future trends for projects like Doodles include utility NFT expansion, multi-chain ecosystems, and enhanced community governance models.
- Incorporating DeFi, tokenized governance, and open-source funding are seen as future innovations for projects like Doodles.
- Doodles highlights empowerment through decentralized governance, technical agility, sustainable monetization, and future trend awareness.
- The project sets an example for indie creators by illustrating the transformative power of merging art, tech, and community.
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Pymnts
2w
272
Image Credit: Pymnts
Trump Family Stablecoin Used for MGX’s $2 Billion Binance Investment
- The Trump family's stablecoin was used for a $2 billion investment into Binance by Abu Dhabi's MGX.
- The investment occurred in March, with World Liberty Financial's USD1 stablecoin being chosen for the deal.
- Although World Liberty's USD1 coin has not been listed on centralized exchanges, it has a market value of approximately $2.1 billion.
- The Trump family has been expanding its presence in the digital assets space with various crypto-related ventures, amidst a push for more crypto-friendly policies in the U.S.
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