Browsing: Crypto News Flash

NFT casting platform Nameless has announced the launch of StealthTest, a testnet Web3 software-as-a-service tool designed to improve NFT project testing and quality assurance, addressing critical infrastructure and deployment issues in the emerging Web3 industry.

The tool gives Web3 developers access to private testnets of Ethereum, IPFS and Arweave to extensively test smart contracts and improve project security during the NFT project life cycle.

South Korea’s cryptocurrency market was worth 23 trillion won ($16.1 billion) in the first half of 2022, down 58 percent from the six-month period at the end of last year, according to the Korea Financial Intelligence Unit (KoFIU).

In addition, daily trading volumes fell by 53% to an average of 5.3 trillion won (about $3.7 billion). The total operating profit of virtual asset service providers in South Korea fell by 62%, from 1.64 trillion (about 1.1 billion U.S. dollars) to 0.63 trillion won (about 441 million U.S. dollars).

The report shows that from January to July 2022, the number of jobs related to Metaverse on the entire platform has grown significantly, with a year-on-year increase of 16.6%. Among them, the number of jobs in the Internet/IT/electronics/communications industry accounted for the highest proportion, about 70%.

Among the subdivisions of Metaverse, VR/AR and Metaverse social recruitment accounted for the largest proportions, accounting for 57.5% and 32.7% respectively.

Among the recruitment positions in various sub-fields of Metaverse, VR/AR companies are mainly software and hardware R&D engineers, games, virtual humans, Metaverse social and other fields have higher demand for game/design talents, and digital collection platforms have higher demand for operation talents show greater demand.

The report pointed out that about 80% of the respondents are willing to work in the metaverse industry, and the proportion of Generation Z is even higher.

Cosmos-based cross-chain interoperability protocol Axelar has announced that it will officially release its token AXL tomorrow. A total of 1 billion AXLs will be minted at genesis, of which the circulating supply on the first day of release is approximately 30 million.

Axelar had previously held an AXL community sale through CoinList in March this year, and there will be no new token sales or airdrops at this launch.

With the rebound of Bitcoin, the current total encrypted market capitalization has risen back above $1 trillion. According to CoinGecko data, as of press time, the total encrypted market capitalization is $1,012,512,481,232, an increase of 6.0% in the past 24 hours. The 24-hour trading volume was $224,988,454,075.

The cross-chain transaction protocol RAI Finance has transferred the team tokens to the relevant wallet address of RAI Finance DAO.

It is reported that the SOFIP-028 proposal has previously been passed, requiring RAI Finance core contributors to build a multi-signature wallet and transfer team tokens (SOFI) to the RAI Finance DAO.

Despite the current crypto bear market, according to the second annual Australian cryptocurrency survey conducted by research firm YouGov, commissioned by Australian crypto exchange Swyftx.

72% of Australians who own cryptocurrencies made an average profit of A$11,013 (about $7,152) in the past year.

The Australian women surveyed made A$11,263 ($7,314) in profit, compared with A$10,917 ($7,089) for Australian men.

Last week, the net inflow of digital asset investment products was 8.3 million US dollars, of which Bitcoin and Ethereum investment products recorded a net inflow of US $2.6 million and US $6.9 million respectively.

Investment products shorting bitcoin saw a net outflow of $5.1 million, the first net outflow in seven weeks. Additionally, the short ethereum product, which debuted last week, saw an inflow of $1.1 million.

The Aragon community is voting on what to do with its treasury funds after transitioning from the old DAO structure to having delegated voting as part of its architecture. This vote is one of two ongoing polls within the Aragon community.

The second vote is to decide what happens to the bylaws of the Aragon Network DAO (AN DAO) when a new DAO emerges. exist

In this case, the charter refers to the protocol used to establish the AN DAO. With the transition to a delegated voting DAO, a new charter will be created for the new DAO.

Fed Collins said inflation is likely to be nearing its peak, or has already peaked. My expectation is that growth will be much slower in 2022.

Our economic growth will also slow next year. (Slowing economic growth) is part of what is needed to bring down inflation and a modest increase in unemployment, but there’s a lot of uncertainty right now.

According to the historical transaction data of NFTGO, the Tiffany NFT series “NFTiff” has not had any transactions since August 13. The total transaction amount so far is 3.56 million US dollars, and the market value is 16.2 million US dollars.

According to Dune Analytics data, although a total of 250 NFTiffs have been minted, 26 have not been redeemed so far.

The ApeCoin community has initiated a new proposal, AIP-88, which aims to launch the Launchpad for the ApeCoin NFT project and integrate the ApeCoin community into one NFT placement platform.

AIP-88, titled Earn ApeCoin Income with No-Code NFT Drop Platform and Launchpad, was initiated by Bored Ape Yacht Club member and NiftyKit co-founder Dan.

Hope to use this self-service smart contract based Launchpad platform to fund developers and build deep integration with ApeCoin and set it as the base token of the creator economy.

The Cardano Vasil upgrade successfully launched on mainnet on September 22. Before the upgrade, Cardano-based NFT project Artano released the results of its tests.

Reportedly, when using Plutusv2, script size has been reduced by over 90%, with corresponding cost reductions of over 75%. While lower costs are generally good for attracting new users to the blockchain, concerns now relate to the profitability of SPOs (stake pool operators).

In this regard, Cardano founder Charles Hoskinson responded to the profitability of SPO. Hoskinson said that after the Vasil upgrade, the profitability of SPO is low and transaction fees are greatly reduced. “The side chain solves this problem. SPO will maintain side by side. The chain receives multiple revenue streams and gets paid in these native tokens.

Hasbro, the world’s second-largest toy maker, announced the restart of the Startup Lineup sports toy line, which will release a series of collectible toy versions of NBA stars such as LeBron James and Stephen Curry.

Each toy will be equipped with the NFT of the star card company Panini (Panini), these NFTs will be stored on the private blockchain of Panini, each trading card NFT has a different rarity, but in the future these rare It remains to be seen whether the toy NFTs will eventually command higher resale prices on the Panini secondary market.

Solana’s M2E app STEPN released key figures on Thursday, with users logging more than 67 million miles (108,017,738 km) on the app, reaching an all-time high of 1 million users on June 2, 2022, with total registered users reached 4.72 million.

As previously reported, Stepn also earned more than $26.8 million and $122 million in the first and second quarters of 2022, respectively.

Blockchain infrastructure firm Chain has announced new sponsorship deals with the New England Patriots of the National Football League (NFL) and the New England Revolution of Major League Soccer.

Under the terms of the four-year agreement, Chain will partner with Kraft Sports + Entertainment to create an innovative Web3 experience for visitors to Gillette Stadium, home of the New England Patriots and New England Revolution.

Following the announcement of the partnership, Chain CEO Deepak Thapliyal announced the purchase of the ENS domain name Patriots.eth for 75 ETH ($99,321.75).

It is reported that Thapliyaal also owns two ENS domains, Deepak.eth and nerev.eth, and also holds blue-chip NFTs such as CryptoPunks and Bored Ape Yacht Club.