Blockchain
Sia Says She’s Behind Popular Snoop Dogg-Affiliated NFT Twitter Account
Sia has come out… as an avid NFT collector. On Tuesday (March 8), the singer-songwriter revealed that she’s behind the NFT Twitter handle @BiancaMedici69, which trades and discusses NFTs with over 13,000 followers. The account owner had been teasing their identity for several days, tweeting on Monday, “It’s been a joy quietly collecting NFTs this last year supporting other artists & causes. And oh what fun being a secret Medici. But I think it may bring more attention to these artists & causes if I went ‘public.’ So Tuesday at 2pm PT, I will dox & reveal my true identity.” Sia revealed her involvement with a tweet from her official account on Tuesday which read, “I am @BiancaMedici69.” Explore See latest videos, charts and news See latest videos, charts and news I am @BiancaMed...
Kaskade to DJ at Metaverse Event From Inside Digital Pinball Machine
The world of Kaskade‘s Arkade music imprint is being reimagined within the metaverse. Future Fest is a Web3 project on the Cardano blockchain, building custom digital infrastructure to host the virtual events of tomorrow—and NFTs will be the ticket in. This April, Kaskade is primed for a virtual DJ set that will take place from within a larger-than-life pinball machine. Owners of the Futurebot NFT collection will exclusively be able to attend and explore the unique venue through the point of view of their virtual avatars. Past events have featured Anjunabeats’ Fatum, a showcase from Space Yacht, and more. Recommended Articles The inspiration behind Arkade came from Kaskade’s time spent at a joint record store and arcade years ago. “As a kid much of my free time was ...
Income generation on DeFi, explained
Modern tools can improve the earning process by diversifying asset exposure and empowering AI for quicker reaction times. Although DeFi returns appear promising, investors must continue to air on the side of caution and remember even in DeFi, “get-rich-quick” schemes do not exist. Instead, a minimum level of awareness on topics such as how the blockchain works and what an automated market maker (AMMs) is are necessary for users to deploy passive income generation methods. Furthermore, early DeFi projects required users to be highly experienced while having adequate capital at their disposal. SingularityDAO is one of the few platforms that generate yield by trading cryptocurrency assets through an AI-powered DeFi portfolio, giving users access to a diverse range of crypt...
What is Solana, and how does it work?
What is Solana? Solana is a highly functional open source project that implements a new, permissionless and high-speed layer-1 blockchain. Created in 2017 by Anatoly Yakovenko, a former executive at Qualcomm, Solana aims to scale throughput beyond what is typically achieved by popular blockchains while keeping costs low. Solana implements an innovative hybrid consensus model that combines a unique proof-of-history (PoH) algorithm with the lightning-fast synchronization engine, which is a version of proof-of-stake (PoS). Because of this, the Solana network can theoretically process over 710,000 transactions per second (TPS) without any scaling solutions needed. Solana’s third-generation blockchain architecture is designed to facilitate smart contracts and decentralized application (DApp) cr...
What is the Algorand blockchain, and how does it work?
What is Algorand? Algorand is a blockchain network created in 2017 by Silvio Micali, an MIT professor who won the Turing Award for his work in cryptography. Algorand is a decentralized permissionless blockchain protocol that anyone can use to develop applications and transfer value. The Algorand protocol is powered by a novel consensus algorithm that enables fast, secure and scalable transactions. Algorand addresses the common issues that most older blockchains have, specifically concerning scalability and consensus. The blockchain uses Pure proof-of-stake (PPoS), a consensus protocol that selects validators at random according to the weight of their stake in ALGO coins. What is Algorand trying to solve? The Algorand protocol is designed to solve three of the biggest problems most blockcha...
New Bitcoin SV Ambassadors Appointed for East & West Africa
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African Metaverse Set to Boost Economy and Create Employment
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Is Africa’s Internet Economy Set for a Boom in the Near Future?
Image sourced from Newsweek. Professional investors are forecasting strong growth in the value of Africa’s internet economy with mobile phones central to the expansion, new global research from blockchain-based mobile network operator World Mobile shows. Mobile Internet Will Lead Into a Boom Period The study with professional investors responsible for around $700-billion assets under management by independent research company PureProfile found one in four (25%) expect the value of Africa’s internet economy to more than double over the next three years from the current estimated $115-billion. More than half (51%) expect it to be worth more than $200-billion by 2025. Increased use of mobile phones will be central to the growth which will be further enhanced by improved affordability, the stu...
Why bandwidth needs a layer-1 blockchain, explained
Users will be able to tokenize their bandwidth and sell it in a decentralized trading marketplace to help provide low-cost access to the internet. PKT is the only layer-1 blockchain that is designed to support bandwidth trading marketplaces and high-speed internet service. PKT uses the world’s first bandwidth-hard proof-of-work (PoW) mining solution to create an economic incentive while building a high-speed data network. Forked from Bitcoin (BTC), PKT replaces the SHA-256 PoW standard with the collaborative PacketCrypt mining protocol. Within the PKT Network, users with unused bandwidth earn PKT Cash (PKT) coins by directing their excess bandwidth and compute resources to mining. The act of connecting bandwidth to the PKT Network is called announcement mining. Announce...
Payment services provider Shift4 acquires The Giving Block for $54 million
According to an investor presentation published Tuesday, U.S.-based payment solutions provider Shift4 announced its acquisition of The Giving Block in cash and stock for $54 million, plus a potential earnout of up to $246 million. The Giving Block is an online platform that allows over 1,300 nonprofit organizations and charities to accept crypto donations. As told by its annual report, the organization processed $69.64 million in crypto donations, an increase of 1,558% from 2020. Out of this amount, approximately $12.3 million came from donations by nonfungible token, or NFT, projects. Ether (ETH) became the most-popular crypto donated for the first time, accounting for nearly half of the total volume. Last month, The Giving Block provided Cointelegraph with a sample list of six char...
Afterparty NFT Music Festival Shares Full Lineup With The Chainsmokers, Gryffin, SOFI TUKKER, More
The organizers of Afterparty, the upcoming NFT-gated music festival and artistic showcase in Las Vegas, have announced a star-studded lineup for its inaugural edition. Gryffin, LANY, SOFI TUKKER, Bob Moses, TOKiMONSTA, Elohim, and many more join previously announced headliners The Kid LAROI and The Chainsmokers in the assemblage of this two-day digital utopia. Afterparty is shaking up the standard music festival model on several fronts. For starters, each of Afterparty’s 1,500 “Utopian” NFT collectibles doubles as a digital art piece as well as the key to accessing the two-day event. You can gain access to the festival by purchasing a “Utopian” NFT or Afterparty Festival Pass. Afterparty‘s Web3 mission statement is to bring NFT utility to ...
Neo users explain why they’ve held on to the project despite China’s heavy crypto crackdown
It’s been a wild ride for Neo investors in the past few years, especially as China began to incrementally introduce harsher crypto regulations applicable to the project, which has been dubbed by some as “Ethereum of China.” But despite the odds, the community appears to be resilient, with a dedicated society of developers worldwide and bourgeoning decentralized finance, or DeFi, hub that came into prominence via the launch of the Neo N3 mainnet last year. As told by Neo investors Lucas and Jiří, who spoke to Cointelegraph, they were not expecting such a “huge drop in price” for Neo. Nevertheless, they decided to hold their Neo tokens through all the price turmoil, citing the project developers’ dedication to its underlying technology. Luc...
