Day: 29 November 2022

WINk (WIN) soars as retail DeFi investors flee high Etheruem gas costs

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[ad_1] Decentralized finance has exploded in popularity over the past year and many analysts have pointed to the 2020 ‘summer of DeFi’ as the primary catalyst for the rallies seen in Ether (ETH)  and Bitcoin (BTC).  In the beginning, investors were able to easily secure 4-digit annual percentage yield (APY) on an almost endless number of attractively priced assets on Uniswap but the increased activity on the Etheruem network eventually led to unsustainable spikes in gas fees and serious network congestion. These skyrocketing gas fees have priced out the average retail…

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The World’s Largest NFT Marketplace Opensea Adds BNB Blockchain Support

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On Tuesday, the world’s largest non-fungible token (NFT) marketplace in terms of overall NFT sales volume, Opensea, announced that BNB blockchain-based NFTs will be supported on the marketplace platform. With BNB blockchain support, Opensea users will be able to purchase and list BNB NFT assets. Opensea Integrates BNB Chain — Marketplace Users Can Now Buy and List BNB-Based NFT Assets This week, Opensea surpassed $33 billion in all-time sales according to statistics recorded by dappradar.com. On Nov. 29, 2022, Opensea revealed that the BNB blockchain will now be supported by…

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A step by step guide on how to invest on Cryptocurrency

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Investing is not all about luck. All the fancy cars, big mansions and a luxurious lifestyle won?t come easy just because you had a sheer amount of luck. You can only hit the jackpot when you make the right call. You are looking forward to becoming an excellent cryptocurrency investor, you have serious works to do. Now this article tells you about the strategies that can turn you into real investor from a cryptocurrency owner. 1. What is your strategy: All you need to have a well-defined strategy. In this…

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OpenSea Seaport Protocol onboards creators and NFT holders on BNB Chain

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BNB Chain’s integration into the Seaport Protocol aims to provide BNB Chain creators with multiple creator payouts, real-time payouts and collection management. Source – cointelegraph.com

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Piracy Will Cost Billions to the TV and Music Industries

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[ad_1] With the evolution of the Internet, piracy has become increasingly more sophisticated. It’s biggest victims however, are probably music artists and actors. In the last year’s forecast of Digital TV Research, it’s mentioned that the TV series and film could reach a revenue loss of over $50 billion by 2022. This is all attributed to online piracy and those rough estimations do not include sports, pay-per-view and other forms of media content. The real number would be quite higher. If we’re looking at the scale of worldwide blockchain adoption,…

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Historic Bitcoin Miner Capitulation In Full Effect – How Long Will It Last?

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The collapse of the crypto exchange FTX is causing a historic event in the Bitcoin market. Yesterday, on-chain data signaled the second wave of a Bitcoin miner capitulation in one cycle. Historically, miners have had a massive impact on the BTC price. The now heralded miner capitulation will put further selling pressure on the Bitcoin price, which is experiencing a historically bad November, down 21%. On-chain data shows that the second wave of miner capitulation has now begun, suggesting further pain for the BTC price. As analyst Dylan LeClair wrote,…

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