Author: Crypto News Live
Welcome back to Now Runway, where we report to you from the frontlines of the digital fashion and luxury revolution. Today we are reporting to you from the gorgeous coastline of Positano, where summer prints are in abundance, and there is hardly a screen in sight as service is spotty in the hills of this village. Read ahead to see what you missed this week, including a Dior digital twin sneaker release, SYKY Collective announcing their first cohort, and an Agoria collaboration with DressX that has us dancing along to the beat of his wearables. Dior B33 sneakers by Kim…
Major brands have been making interesting moves with NFTs, but here’s an example that’s decidedly different from the typical consumer-facing fare: a division of European food services and facilities management giant Sodexo just launched tokenized profile pictures (PFPs) for all of its employees. Sodexo’s Benefits and Rewards Services’ (BRS) division, which recently rebranded to Pluxee, plans to spin out and go public in 2024. And the division has prepared a vibe shift to go along with that structural change, creating bold employee NFTs in collaboration with the Dfinity Foundation and NFT marketplace Yumi via the Internet Computer blockchain. Dubbed “The…
BTC and ETH long contracts were far more than shorts, but these positions’ expiration could mark the highest in months. The Put Call Ratio of both assets remained bullish despite rising concerns. With the cryptocurrency market buzzing with increased activity, about $7.2 billion in Bitcoin [BTC] and Ethereum [ETH] options contracts may be set to expire. According to Greeks.live, ETH accounted for $2.3 billion out of the value while BTC’s share was $4.9 billion as per the monthly open contracts. Is your portfolio green? Check the Bitcoin Profit Calculator Calls peg Puts back Over the last 30 days, Bitcoin’s price…
Rogue Nations, a mobile-first, top-down, action shooter game, has a closed beta available for anyone who holds one of their Elemint NFTs. In addition, Rogue Nation has also announced a new partnership, giving Elemint owners a chance to battle for prizes on the Narena Games platform! The beta for Rogue Nation is already available for anyone owning an Elemint NFT. Elemints are a limited NFT collection that was released for free earlier this year. Elemints are companions in Rogue Nation. These unique, in-game pets provide access to the first-playable release and boosts to attack damage. You can pick one up…
Join Our Telegram channel to stay up to date on breaking news coverage The crypto market continues to pose more surprises to investors with wild fluctuation. Since our previous update on the best crypto to buy now, trends resulting in trends point to growing interest in the DeFi sector. Assets in the category are printing varying levels of gains, with Compound leading the charge with about a 21% increase in value over the last 24 hours. The global crypto market cap gains 0.01% value in the last 24 hours to print a value of $1.17 Trillion. Trading volume however dropped…
An open letter to lawmakers in the European Union was issued by more than 160 executives from tech companies around the world urging careful consideration of artificial intelligence (AI) regulations not to stunt the industry or markets.On June 30, executives from companies such as Renault, Meta, Spanish telecom company Cellnex, and German investment bank Berenberg, pointed to the proposed EU Artificial Intelligence Act, saying it potentially risks the region’s competitiveness and innovation. More specifically, the letter warned that rules proposed by the EU would cause heavy regulation of generative AI tools, and incur both liability risks and high compliance costs for…
According to data from Glassnode, Bitcoin‘s Over-The-Counter (OTC) holdings, an often-overlooked aspect of cryptocurrency trading, have surged to their highest level in the past year, with inflows consistently outpacing outflows since May 2023.Source: GlassnodeOver-The-Counter (OTC) trading denotes the direct exchange of assets like Bitcoin between two parties, bypassing the traditional exchange. This off-exchange trading happens via a decentralized dealer network and often involves substantial amounts of Bitcoin.This is done through a decentralized dealer network. In the context of Bitcoin, OTC trades are often used by whales who want to buy or sell Bitcoin without impacting the market price too much.…
Vitalik Buterin revealed that he only staked a small part of his ETH, and this didn’t sit well with Hoskinson. ETH staking, as well as ADA, has been gloomy recently. Cardano [ADA] founder Charles Hoskinson has criticized Vitalik Buterin, the Ethereum [ETH] co-founder for his opinion on staking in the Ethereum ecosystem. Despite being an influential figure, Hoskinson is known for his controversial takes. Realistic or not, here’s ADA’s market cap in ETH terms Criticizing the main man because… This time, Hoskinson opined that Vitalik’s decision to stake only a tiny part of his ETH means the transition to Proof-of-Stake…
The NFT fashion brand The Fabricant and the streetwear brand Highsnobiety will launch a Web3 wearables version of the iconic Varsity Jackets Not in Paris 5 collection. TL;DR Highsnobiety and The Fabricant launched a collection of digital wearable Varsity Jackets for its Not in Paris 5 installment for Paris Fashion Week; There are three design options available via The Fabricant platform between June 20 – July 5 for up to 33 FLOW tokens; Holders can showcase their ultra-limited assets via AR, with only 300 pieces available. The Fabricant joined forces with the streetwear brand Highsnobiety for a unique drop of…
Following criticism that the art of the Elementals was too similar to the original Azuki collection, Azuki has responded by announcing a plan to host a community vote to introduce variety in the backgrounds of the NFTs. This announcement was made on the project’s Discord stage on June 29 at 6 p.m. ET, drawing a substantial audience with over 1,500 listeners present. The types of background changes will tentatively include changes in background texture, environments, the exclusion of neutral backgrounds, line-based designs, and graphics with gradient effects. Concepts for backgrounds Steamboy, art director and co-creator of Azuki, presented the community…
