Nft news

According to data from CoinMarketCap, the price of Bitcoin (BTC) kept going in the wrong direction over the weekend, dropping to a new three-month low of $18,390. Even though the number of daily trades has gone up by 64%, the price of bitcoin is currently around $18,440, which is 8% less than it was the day before. BTC has lost more than 73% of its value since its all-time high of $68,789.63 in November 2021. In the last week alone, it has lost more than 17% of its value. Bitcoin’s market value has dropped by more than half since November of last year, when it was worth $1.27 trillion. It is now worth less than $354 billion. Blockchain.com says that Bitcoin’s network difficulty hit a new all-time high of 32.045t yesterday. “Network difficulty” refers to how hard it is to figure out how to mine a block using computers. Higher difficulty requires more processing power and makes it harder for miners to make money, which drives down the price of the coin. Ethereum will go with Bitco...

Research shows that these virtual banks are not very easy to use and don’t really give customers anything of value. A Razorfish study found that even GenZ gamers, who spent a lot of time in the metaverse anyway, did not feel comfortable in these immersive experiences. Sandeep Vishnu, a partner at the consulting firm Capco, told “Banking Dive” that the banking industry can’t afford to stay out of the metaverse race, but investing in it might not be the best move for all financial institutions. “Banks should think about their target market when deciding how much they want to be involved in the space,” he said. A bank that serves older people might not think of the metaverse as the promised land. “If you don’t have enough customers for this interaction model to work, will you change direction and try to get a new set of customers? I think this must be part of the bank’s overall plan and not just a one-time thing “He kept going. In the absence of interoperability, banks have launched se...

Experts say that Turkey is going through a “metaverse winter” as the excitement of purchasing lands on the metaverse has passed. Levent Eraslan, head of the Social Media and Digital Security Research Center (SODİMER), said, “Those who considered the metaverse as an investment tool and were affected by the quick decline of the market value lost faith in it.” According to Eraslan, lately, interest in the concept of a metaverse has decreased in Turkey. “Nevertheless, it is essential and important to properly understand the concept of the metaverse, that is also explained as the digital boom and is thought to begin a new era, define numerous future ecosystems and determine the philosophy of this world”. Eraslan warned. The expert added that metaverse presents a market chance which cannot be ignored and has the potential to generate a value of up to $5 trillion by 2030. According to Eraslan, reducing the concept of metaverse to environments where we communicate with virtual reality gl...

The second biggest blockchain, Ethereum, is expecting to fully transit to a new transaction system. Ethereum is going to shift from proof-of-work (PoW) to proof-of-stake (PoS) very shortly, However, shifting timelines, devote plans and mixed messages from Ethereum’s core developers make NFT holders ask fundamental questions about the position of Ethereum and Ether in the market. Here, we try to have a closer look at this merge. What is the Ethereum merge? The merge is an upgrade to the Ethereum platform where the Ethereum Mainnet merges with the Beacon Chain, marking a transition from proof-of-work to proof-of-stake. Therefore, the merge causes Ethereum to upgrade from traditional mining, which includes having powerful computers solve math puzzles to run the network and create new coins, and switches to a system where ETH owners can stake it (proof-of-stake) in order to power the network. There are some advantages to the merge. First, computers that consume a lot of electricity...

After the long-awaited Merge of Ethereum, now is a good time to think about how smart contracts can be made better. Smart contracts, which are basically apps that run on the blockchain, are an important part of our Web3 apps. But interacting with them is still very dangerous, especially for people who aren’t developers. Many times when people lose crypto assets, it’s because of smart contracts that don’t work or are set up to do harm. To fully trust a smart contract, a customer must know exactly what it will do during a transaction. If something goes wrong, there is no customer service line to call and get your money back. But right now, it’s almost impossible to tell if a smart contract is safe or trustworthy. One answer is to give wallets more intelligence. What if, for example, wallets could tell us if interacting with a smart contract is safe or not? It might not be possible to know for sure, but wallets could at least collect and show a large number of the signals that develop...

Four seconds after the Ethereum Merge, the first transaction of an NFT created using the proof-of-stake (PoS) consensus was approved. Block 15537393’s timestamp for the Merge was 6:42 AM UTC on Thursday.The official timestamp for the Merge was at block 15537393 at 6:42 a.m. UTC on Thursday. At block 15537394, a user quickly paid 36.8 ether (ETH), which was worth $53,403.13 at the time, to buy an NFT with a panda face,which stood for the Merge. Someone just paid 36 ETH in gas to mint this The first minted NFT on proof of stake pic.twitter.com/zKUKI06EjH — Cirrus (@CirrusNFT) September 15, 2022 Someone else on Twitter asked, “Is Panda the new Ape?” in reference to the NFTs from the Bored Ape Yacht Club. Some people said it was “historic” and “epic.” Beeple , a well-known NFT artist, used the panda theme in his own proof-of-stake illustration, which shows a giant cyborg panda. He added a second image of the Ethereum logo being created to celebrate the Merge. While VanityBlo...

This weekend, Ubisoft said that there will be 900 to 1,000 Assassin’s Creed games. The publisher had big plans for the franchise over the next few years, and Assassin’s Creed Mirage showed what those plans were. The game took place in feudal Japan, medieval Baghdad, and dark, scary woods. Other big publishers must have felt like they were watching the end of a game of Civilization. The game with the most secrets was Assassin’s Creed Infinity. Marc-Alexis Coté: It isn’t a game. It’s a place where the meta-story happens in “premium flagship” single-player AssCreed games. Coté at UbiForward said, “ That will unite all our different experiences and our players together in meaningful ways.” This hub is where multiplayer games will happen, but it is not a game in and of itself. We’re not going to play. Why? Eurogamer talks to Coté about what Infinity is, but he doesn’t say much. When things aren’t clear, we make up theories. Clarity In 2021, Quartz Digits was made public. Ghost Recon B...