Author: Crypto News Live

NFT Non-fungible token (NFT) artist Fewocious said Wednesday he’s gearing up to release his upcoming digital art collection “Fewos.” The 20-year old artist posted a Tweet introducing the collection, stating the 20,000 unit series of profile-picture (PFP) NFTs will be available to mint in August. According to its website, Fewos are characters in Fewoworld, Fewocious’ Web3 universe of digital art. The three species of Fewo NFTs – Frankenstein, Misunderstood, and Humanoid – have their own unique artistic traits. There are no details on the price of the NFTs at this time. “From squiggly eyes, to linework bones, and everything in…

Bitcoin saw a surge in activity brought on by Inscriptions’ and Ordinals’ popularity. Miner revenue could see a boost due to increased activity; however, rising difficulty posed a challenge. Bitcoin [BTC] has been experiencing significant volatility over the past few months, with its price fluctuating between $25,000 and $30,000. This volatility has understandably made many risk-averse investors cautious. Amidst this uncertainty, there has been a notable increase in activity on the Bitcoin network, raising questions about the potential implications for the king coin. Have Ordinals played a significant role? The spike in network activity could be attributed, in part, to…

Microsoft has reportedly signed a deal with former Ethereum miner CoreWeave to use its cloud computing infrastructure to support its Artificial Intelligence-powered services. According to a June 1 report from CNBC which cites “people with knowledge of the matter,” Microsoft is potentially set to spend billions of dollars on the deal with CoreWeave that will run over multiple years. One of CNBC’s sources claimed that the deal was signed earlier this year, as Microsoft OpenAI’s widely popular ChatGPT chatbot.JUST IN:Microsoft $MSFT just signed a deal for AI computing power with Nvidia-backed CoreWeave that could be worth billionsCoreWeave offers Nvidia $NVDA…

The Cardano network has recently been making waves and turning heads in the crypto market. With a significant surge in network activities, this blockchain platform is not just sparking growth but also igniting speculations about the potential of its native token, ADA, to hit the impressive $0.4 mark. This promising development is primarily driven by an upswing in transaction volumes on Cardano-based decentralized exchanges (DEXs) and the launch of new, buzz-worthy meme coins on the network. Whales Make A Big Move Due To Cardano’s Bullish Performance Showcasing Cardano’s impressive capabilities, a whopping 313 billion ADA tokens have been transferred in high-value transactions,…

Welcome back to Now Runway, where we report to you from the frontlines of the digital fashion and luxury revolution. Earlier this week, we helped break the news of the collaboration between The Fabricant and Highsnobiety on our Twitter. We couldn’t be more excited to own our very first varsity jacket (digital or otherwise). Prada TimeCapsule releases a new floral jersey in time for our European summer, Charlie Cohen is bringing us along to the next evolution of gaming and fashion, Snapchat Bitmojis just got an upgrade in the form of a Band Tee and Chromie Squiggles now come in…

Blockchain The global blockchain gaming market will grow significantly during the next seven years and is expected to reach a market cap of $301.53 billion by 2030, according to a report issued by markets and intelligence firm Grand View Research. The “Blockchain In Gaming Market Size” report, found that this growth will be powered by the transition from traditional to blockchain gaming. Entertainment Market to Shift to Blockchain-Based Games The blockchain gaming market will grow significantly during the next seven years according to some predictions. A report issued by Grand View Research, a California-based markets research firm, predicts that the…

NFT Particle, a digital art platform that offers fractionalized ownership of culturally significant artworks via the blockchain, will soon give collectors the opportunity to own a piece of an iconic sculpture by H.R. Giger—the Academy Award-winning artist who designed the titular creature featured in the 1979 sci-fi horror classic Alien. The sculpture, “Necronom/Alien III, 2005,” depicts the famous xenomorph from the film franchise. The piece is edition #1 of a collection of six statutes, Particle CEO Harold Eytan told Decrypt. “It is the only one following the prototype that was made by Giger himself, and the prototype remains at the…

Article source, here. TL;DRMultichain is a ‘cross-chain bridge’ – which is a needlessly complex way of saying it’s a currency converter, for crypto. And it’s one of the largest in the global blockchain space!About a week back, Multichain went through an upgrade that caused user funds to get stuck in transit (for up to 72hrs) when using the bridge.Here’s what’s rumored to have happened since then: Chinese authorities arrested several Multichain executives (including its CEO), taking control of $1.6B in funds.Multichain’s CEO is still M.I.A, and the only one with necessary server access to fix the ‘user funds stuck in…

The U.S. debt ceiling decision propelled S&P 500 and gold prices, surpassing Bitcoin and Ethereum. Bitcoin and Ethereum were trading at a profit on a daily timeframe at press time. In a fascinating turn of events, the prices of the S&P 500 and gold have taken a leap, outshining Bitcoin [BTC] and Ethereum [ETH]. This remarkable shift can be attributed to the U.S. Congress’s decision on 1 June, wherein they opted to suspend the country’s debt ceiling. Bitcoin and Ethereum below traditional stocks The United States Congress has successfully endorsed an agreement that increases the government’s borrowing limit to avert…

BTC’s price increased by more than 2% in the last 24 hours Though a few metrics were positive, BTC’s weighted sentiment plummeted  BRC-20 has gained immense popularity over the last few months, and much of the credit goes to the ordinals. To add to the story, OKX has announced a new proposal that takes BRC-20 a step ahead. But will BRC-20’s popularity and adoption have any impact on Bitcoin [BTC]?  All about OKX’s latest proposal  The BRC-20 proposal has been expanded by OKX into the BRC-30, which adds functionality for staking procedures. These include depositing, minting, and withdrawing while incorporating…