Author: Crypto News Live

The ‘mfers’ are a series of stick man collectibles created by NFT Influencer and shitposter Sartoshi. While they were originally inexpensive to mint, they quickly grew into something massive. Moreover, they laid the path for numerous subsequent meme compilations. So what exactly are mfers NFTs? And why are they so well-liked? Let’s learn about this interesting project with Coincu. What is mfers? The universe of mfers is straightforward. Their catchphrase, “We all mfers!” signifies that there is no hierarchy! All mfers are created equal. Since there is no king or ruler, mfers may create anything they want with their NFT.…

TL;DRDisco is selling a $1200 baseball cap, in order to drive adoption of its Web3 data storage technology. Which sounds stupid at first glance, but might actually be genius in practice?Here’s the problem: onboarding into the Disco ecosystem is confusing as hell.But Disco recognizes that people are more likely to grind something out if there’s money or status at the end of it.So the company has started selling branded baseball caps ($1200) and t-shirts ($2400) on its website, but will give them away for free to users of its tech.Is an overpriced baseball cap or tee enough incentive for folks…

Crypto assets (virtual currency) funds had a net outflow of $88 million last week. 8 consecutive weeks of net outflows (Coinshares data). Week 8 outflows totaled $417 million, coinciding with a period of significant market decline after a strong start to the year. Bitcoin (BTC) closed near $26,000 last week after trading near $31,000 in mid-April. By crypto-asset, Bitcoin saw a net outflow of $52 million, with an eight-week outflow of $254 million. Ethereum (ETH) saw a net outflow of $36 million, the largest outflow since last year’s merge. Litecoin (LTC), XRP (XRP), Solana (SOL), etc. saw a small net…

Polygon 2.0 aimed to improve scalability and liquidity access. Social volume decreased, but zkEVM’s adoption might help with MATIC’s traction. Polygon Labs, the team behind Polygon [MATIC], announced the launch of its value layer of the internet called “Polygon 2.0.” The disclosure, which went public on 12 June, would allow anyone on the internet to create and exchange information via the project’s architecture.   Realistic or not, here’s MATIC’s market cap in ETH terms Although the upgrade was not yet in full operation, Polygon shared the version 2.0 blueprint in its official statement. In its rollout plan, the Ethereum [ETH] scaling…

The metaverse, a rapidly growing virtual universe, is presenting new opportunities for financial institutions. With a forecasted growth rate of 41.6% CAGR through 2030, the metaverse is seeing increased demand from various sectors, including entertainment, education, and defence. As more businesses venture into this digital realm, the need for efficient transaction systems is becoming increasingly apparent.The Role of Banks in the Metaverse EconomyBanks and other financial institutions, with their extensive experience in payment rails, are well-positioned to capitalize on the expansion of payment types in the metaverse. They can leverage their expertise to develop secure wallets and other payment solutions tailored…

Legacy sportswear brand Adidas Originals has announced a collaborative partnership with renowned Web3 artist Fewocious, according to information shared with nft now. Set to launch on June 22, the pair will release the limited-edition, product-linked Trefoil Flower Mint Pass, offering NFT holders the opportunity to redeem their pass for a complimentary pair of artist-designed Campus 00s sneakers. The shoes, which feature the recognizable Adidas Originals silhouette, have been reimagined in Fewocious’ signature style, featuring a black and white linework design set against a thick, blue and white cloud pattern lace. Mint pass holders will be able to redeem the Campus…

Altcoins PawChain revolutionizes blockchain with innovative utilities and user-centric design. PawAggregator, PawDAO, and PawWallet redefine the crypto experience for enthusiasts. PawChain empowers users with decentralized governance and secure, user-friendly wallets. The cryptocurrency ecosystem welcomes a new game-changer as PawChain reveals an array of services set for public alpha release. The PawChain team stands poised to significantly reshape the blockchain landscape, proving that innovation still thrives in this ever-evolving industry. PawChain: Innovation at Its Best PawChain, represented by its token PAW, ushers in a fresh wave of innovation. The team’s commitment to launching a fully-functional platform from day one is remarkable.…

NFT Can artificial intelligence see people of color? Senegalese artist Linda Dounia Rebeiz explores this thought-provoking question in the upcoming online exhibition she curated, IN/Visible, opening this Monday on Feral File. It features 10 black artists, including Dounia. The lineup showcases Jah., Serwah Attafuah, Adaeze Okaro, Minne Atairu, Linda Dounia, Zoe Osborne, Arclight, AFROSCOPE, Nygilia and Rayan Elnayal. These artists share the common goal of shedding light on the biases of AI when it comes to representing people of color. “The biases of AI, the biases of the internet, and the biases inherent in Western art history compound to create…

The US Dollar has long been a dominant currency in the global market, with its value having a significant impact on various market sectors. One area of the market that is often overlooked when considering the influence of the US Dollar is NFTs.NFTs or Non-Fungible Tokens, are unique digital assets that are stored on a blockchain and can be bought and sold like traditional art pieces. These tokens have gained a lot of attention from investors and collectors alike, with some NFTs fetching millions of dollars in auctions.While NFTs do not operate under the traditional financial system, their value can be…

The number of ETH locked can soon overtake the ETH balance on exchanges. Buying pressure increased as supply on exchanges declined.  Ethereum [ETH], like most altcoins, witnessed a price correction last week as its value declined by 3%. Due to the decline in price, investors suffered losses.  Read Ethereum’s [ETH] Price Prediction 2023-24 Despite the drop in value, the number of ETH locked has been on the rise for several months. This suggested that investors’ confidence in ETH was high. Is the king of altcoins setting up the stage for the next bull rally?  Investors are taking losses  Thanks to…