Posts filtered by tags: Blockchains[x]


 

A Porn Site Sold an NFT, so Of Course the Winner’s Username Is NSFW

Even porn sites are getting in on the craze around NFTs. Earlier this week, CamSoda held an online auction for a rare CryptoPunk 7060 NFT. Of course, given that we’re talking about a porn site, it’s no surprise that the winner’s username is NSFW. Read more...
Tags: Science, Punk, Blockchains, Ethereum, NFT, Human Interest, The Punks, CamSoda, Blockchain Art, Non Fungible Token, Larva Labs, John Watkinson, CryptoPunks, Punk Subculture


Ethereum creator donates meme coins worth $1 billion to help India fight COVID-19

Vitalik Buterin donated cryptocurrencies worth $1.5 billion to several non-profit organizations, including $1 billion to a COVID-19 relief fund in India, on Wednesday in one of the largest-ever individual philanthropy efforts. Or at least that was the worth of the cryptocurrencies — many of which are dog-themed — when he made the donation. Buterin, the creator of Ethereum, transferred 500 ETH and over 50 trillion SHIB (Shiba Inu), a meme coin, worth around $1.14 billion at the time of transactio...
Tags: TC, Asia, China, India, Tech, Cryptography, Cryptocurrencies, Philanthropy, Blockchains, Ethereum, Cryptocurrency, Givewell, Dustin Moskovitz, Dogecoin, Balaji Srinivasan, Shiba Inu


Vitalik Buterin donates $1 billion worth of ‘meme coins’ to India Covid Relief Fund

Vitalik Buterin, the creator of Ethereum, on Wednesday donated Ethereum and “meme coins” worth $1.5 billion in one of the largest-ever individual philanthropy efforts. Buterin transferred 500 ETH and over 50 trillion SHIB (Shiba Inu), a meme coin, worth around $1.14 billion at the time of transaction, to the India COVID-Crypto Relief Fund. The transaction sparked panic among some investors, contributing to over 35% drop in SHIB’s price in the past 24 hours. The meme coin, which has courted retai...
Tags: TC, Asia, China, India, Tech, Cryptography, Cryptocurrencies, Blockchains, Ethereum, Cryptocurrency, Givewell, Dustin Moskovitz, Dogecoin, Methuselah Foundation, Vitalik Buterin, Distributed Computing


CryptoPunks NFT bundle goes for $17 million in Christie’s auction

A lot of 9 CryptoPunks portraits ended up selling for just under $17 million in a Christie’s auction Tuesday evening, marking another substantial moment for NFT art sales. The lot of pixelated portraits were from the collection of the NFT platform’s co-creators Matt Hall and John Watkinson. The CryptoPunks platform is one of the first NFT projects on the Ethereum blockchain. Back in 2017, ten thousand of the procedurally generated characters were given away for free. In the years since, a vibran...
Tags: Startups, TC, Articles, Cryptography, Auction, Christie's, Cryptocurrencies, Blockchains, Ethereum, Cryptocurrency, Blockchain, Decentralization, Christie, NFT, Matt Hall, Joseph Lubin


Merriam-Webster Is Selling the Definition of NFT as an NFT, Which Means You Can Own... Something, Sort Of

Content creator Merriam-Webster reigns in glorious relevance: the dictionary is auctioning off its definition of NFT, as an NFT, on OpenSea. The definition is objectively boring, so hell, let’s make it interesting! I’ll run a side bet on the buyer and stake my money on Farzin, the collector who snatched up Disaster…Read more...
Tags: Science, Cryptography, Blockchains, Ethereum, Huffington Post, ISM, Dictionary, Cryptocurrency, Merriam Webster, NFT, Kevin Roose, Peter Sokolowski, Non Fungible Token, Fungibility, Concurrent Computing, Farzin


Bitski raises $19 million from a16z to become the ‘Shopify for NFTs’

For every crypto-skeptic that see NFTs as yet another hype bubble, there’s an acolyte who sees NFTs as the key to unlocking the future of the creative web. Bitski, an SF-based startup that builds custom NFT storefronts for brands and creators, is banking on the latter and they have new investors betting the same. The startup tells TechCrunch they’ve raised $19 million in a Series A led by Andreessen Horowitz. The firm joins a host of creators and celebrities including Jay Z, MrBeast, Serena Wi...
Tags: Startups, TC, Technology, Jay Z, Articles, Adidas, Andreessen Horowitz, Cryptocurrencies, Blockchains, Ethereum, Cryptocurrency, Blockchain, Decentralization, NFT, Beeple, Bitski


Could NFT auctions be moving away from Ethereum? One new group is betting they will

NFTs were arguably already taking off when Beeple sold his NFT artwork for $69m. But another crypto project attracted attention when it bought an original Banksy artwork for $95,000. The group literally burnt the artwork and sold its NFT on the OpenSea platform for $400,000. Although the stunt was covered by CBS News, BBC News, The Guardian, and others, it did actually make a significant point. By removing the physical piece, the group – calling itself “Burnt Banksy” – proved that the value of t...
Tags: TC, Europe, Tech, Spokesperson, Ceo, Bbc, Mark Cuban, The Guardian, Banksy, Cryptocurrencies, Blockchains, Ethereum, Coo, NFT, Terra, Solana


Ethereum Surges to $3,200, Making Its Creator the Youngest Crypto Billionaire

Amidst an ongoing crypto surge, Ether soared to new market heights Monday, becoming one of the priciest cryptocurrencies in circulation. The Ethereum blockchain-based token is now worth around $3,200, making its total market capitalization higher than Bank of America, Paypal, and Nestle.Read more...
Tags: Apple, Science, Technology, Articles, Bank Of America, Paypal, Cryptography, Bitcoin, Cryptocurrencies, Blockchains, Ethereum, Decentralization, Abra, Nestle, Business Finance, Vitalik Buterin


CryptoPunks maker Larva Labs launches their new NFT project, Meebits

The creators behind CryptoPunks, one of the most popular NFT projects on the web, just revealed their latest project called Meebits. The project boasts 20,000 procedurally generated 3D characters that are tradeable on the Ethereum blockchain. There have been hundreds of 3D avatar NFT platforms popping up over the past several months hoping to gain momentum and capture the enthusiasm of crypto buyers, but the traction of the Larva Labs team whose pixel portrait CryptoPunks project has netted more...
Tags: Tech, Christie's, Cryptocurrencies, Blockchains, Ethereum, Cryptocurrency, Christie, NFT, Distributed Computing, Larva Labs, CryptoPunks, Meebits


Lobus raises $6 million for an art management platform on the blockchain

Reshaping ownership proofs in the fine art markets has been one of the blockchain’s clearest real-world use cases. But in recent months as top auction houses have embraced NFTs and popular artists experiment with the crypto medium, that future has seemed more tangible than ever before. The ex-Christie’s and Sotheby’s team at Lobus is aiming to commoditize blockchain tech with an asset management platform that they hope can bring creator-friendly mechanisms from NFT marketplaces like SuperRare to...
Tags: TC, Technology, Articles, Tech, Ceo, Bitcoin, Christie's, Sotheby's, Cryptocurrencies, Blockchains, Cryptocurrency, Blockchain, Decentralization, CRM, Troy Carter, Artist


Blockchain startup S!NG wants creators to lean on NFTs to protect their intellectual property

After a years-long crypto winter, it been the spring of NFTs, but as digital art prices sober up after an explosion in sales, blockchain founders are looking to find more stable opportunities in the space that can grow over time even as speculative interest in NFTs shifts. One particular interest has been using NFTs to reshape the creator economy in a manner that actually benefits artists more than the platforms that host their work. A new flavor of this pursuit comes from the recently launched ...
Tags: TC, Technology, Articles, Tech, Ceo, Aws, Cryptocurrencies, Blockchains, Ethereum, Digital Currency, Cryptocurrency, Blockchain, Decentralization, Docusign, NFT, Osler


This New App Lets You Turn Anything and Everything Into an NFT

Despite the fact that a majority of Americans still don’t know what an NFT is, the non-fungibles have really taken over the country—burrowing their way into our wallets and also, apparently, our hearts.Read more...
Tags: Iphone, Apple, Science, Technology, Articles, App Store, Cryptocurrencies, Blockchains, Ethereum, Gucci, Decentralization, NFT, National Film and Television School, Cross Platform Software, Blockchain Art, Non Fungible Token


UK Court Agrees to Hear Copyright Lawsuit Brought by Self-Proclaimed Bitcoin Inventor

Many people have claimed to be Satoshi Nakamoto, the anonymous creator or creators behind the digital cryptocurrency bitcoin, over the years. Now London’s High Court has agreed to hear out one of the most vocal (and disputed) claimants to the pseudonym in a lawsuit over alleged copyright infringement, according to a …Read more...
Tags: UK, Science, Paypal, Cryptography, Bitcoin, Currency, Cryptocurrencies, Blockchains, Coinbase, Satoshi Nakamoto, Mastercard, Digital Currencies, Craig Steven Wright, Craig Wright, Nakamoto, Payment Systems


ConsenSys raises $65M from JP Morgan, Mastercard, UBS to build infrastructure for DeFi

ConsenSys, a key player in crypto and a major proponent of the Ethereum blockchain, has raised a $65 million funding round from J.P. Morgan, Mastercard, and UBS AG, as well as major blockchain companies Protocol Labs, the Maker Foundation, Fenbushi, The LAO and Alameda Research. Additional investors include CMT Digital and the Greater Bay Area Homeland Development Fund. As well as fiat, several funds invested with Ethereum-based stablecoins, DAI and USDC, as consideration. Sources told TechCrunc...
Tags: Energy, TC, Technology, Finance, US, Articles, Tech, Spokesperson, Software, United States, Ubs, Jp Morgan, Silicon Valley, Firewall, Andreessen Horowitz, Cryptocurrencies


The NFT Bubble Might Be Bursting, But Streamers And Esports Orgs Are Still Getting In On It

As of last month, the age of NFTs was officially upon us. As of this month, it might be on its way out. Average prices have declined by as much as 70% since a peak in February, according to Bloomberg. That, however, has not stopped big-name streaming and esports figures from announcing their own NFT collections.Read more...
Tags: Science, Bloomberg, Blockchains, Ethereum, Twitch, Turner, Activision, Timothy, Ben, Kotaku, Matt, Shelby, Conor, NFT, Bowman, Tenney


The Cult of CryptoPunks

Last month, hours before news of Beeple’s $69 million NFT sale grabbed the front pages of newspapers across the country, a pair of 24 x 24 pixel portraits of aliens wearing little hats sold separately for around $7.5 million each. The sales, which occurred within 20 hours of each other, didn’t garner the same headlines that the Beeple auction received, but there was a bit of coverage in the tech press, mostly because one of the aliens was sold by Dylan Field, the CEO of design software startup F...
Tags: TC, Elon Musk, Hollywood, Tech, Tesla, Michael Jordan, Nba, Brisbane, Silicon Valley, Accountant, National Basketball Association, Sotheby's, Jack Dorsey, Cryptocurrencies, Player, Blockchains


QuikNode is building a blockchain developer cloud platform to compete with AWS

As hot as the blockchain space appears to be these days, it’s still far from simple to get a decentralized application reliably up and running. The NFT boom and rising cryptocurrency prices have brought more attention to applications running on the blockchain, but the dominant cloud service platforms aren’t quite ready to make a full-commit to the needs of these budding developers. QuikNode, which recently raised funding from Y Combinator and is in the process of wrapping its seed funding, has b...
Tags: Amazon, TC, Y Combinator, Technology, Cloud Computing, Articles, Tech, Ceo, Miami, Cryptocurrencies, Blockchains, Ethereum, Cryptocurrency, Decentralization, NFT, Shklovsky


NFT art marketplace SuperRare closes $9 million Series A

The NFT ecosystem is having an explosive moment and the startups that were ready to run with it are getting lots of cash to continue capturing that momentum. SuperRare, an NFT art platform that has garnered tens of millions in new sales in recent weeks, has just raised millions from investors. The $9 million Series A round was led by Velvet Sea Ventures and 1confirmation. Other investors participating in the round include Collaborative Fund, Shrug Capital, Third Kind, SamsungNext, Ashton Kutcher...
Tags: Finance, Tech, Mark Cuban, Nba, National Basketball Association, Ashton Kutcher, Cryptocurrencies, Blockchains, Ethereum, Cryptocurrency, Artist, Marc Benioff, Consensys, Chamath Palihapitiya, Collaborative Fund, Damien Hirst


ConsenSys launches a more energy-efficient NFT ecosystem with a project from artist Damien Hirst as its first drop

The NFT craze has been an intriguing moment for digital artists who have seen great leaps in how tech has allowed them to create their work, but not as much progress in shifting how they profit off of it. Though crypto’s early adopter artists have seemed to gain the most attention thus far, more institutionally present artists are dipping their feet into the token world. One of the bigger barriers has been the environmental concerns tied to the Ethereum blockchain, which required intense energy ...
Tags: Hollywood, Technology, Tech, Nba, Energy Efficiency, National Basketball Association, Cryptocurrencies, Blockchains, Ethereum, Cryptocurrency, Artist, Consensys, Damien Hirst, NFT, NFTS, Distributed Computing


ConsenySys launches a more energy-efficient NFT ecosystem with a project from artist Damien Hirst as its first drop

The NFT craze has been an intriguing moment for digital artists who have seen seen great leaps in how tech has allowed them to create their work, but not as much progress in shifting how they profit off of it. Though crypto’s early adopter artists have seemed to gain the most attention thus far, more institutionally present artists are dipping their feet into the token world. One of the bigger barriers has been the environmental concerns tied to the Ethereum blockchain which required intense ene...
Tags: Hollywood, Technology, Tech, Nba, Energy Efficiency, National Basketball Association, Cryptocurrencies, Blockchains, Ethereum, Cryptocurrency, Artist, Consensys, Damien Hirst, NFT, Distributed Computing, Joseph Lubin


NFTs are part of a larger economic development in finance capital

Dominik Schiener Contributor Share on Twitter Dominik Schiener is co-founder and chairman of the IOTA Foundation. He has been in the blockchain space since 2011, with several startups in Switzerland, the U.K. and Germany. His primary focus is how to improve physical infrastructure with digital infrastructure such as DLT and AI. More posts by this contributor The road to smart city infrastructure starts with resea...
Tags: Column, Media, Opinion, Germany, Tech, Bitcoin, Switzerland, Silicon Valley, Cryptocurrencies, Blockchains, Cryptocurrency, Blockchain, Digital Currencies, NFT, NFTS, IOTA Foundation


How to Create NFTs for Fun and Profit, Maybe

It seems like everyone is making money off of NFTs, or non-fungible tokens, those digital artworks that have been labeled the next investment mania. Everyone, that is, except for you. It’s the same feeling you had when you realized GameStop’s stock was a thing and you missed the boat sailing toward easy riches.…Read more...
Tags: Ebay, Bitcoin, Computing, Lifehacks, Cryptocurrencies, Blockchains, Ethereum, Gamestop, Digital Currencies, NFT, Human Interest, Payment Systems, Blockchain Art, Non Fungible Token


Carbon Offsets for NFTs Don't Address the Deeper Problem

The NFT space has a ballooning carbon problem. But rather than address emissions head-on, platforms may be turning to at best, self-deception and at worst, greenwashing by relying on carbon offsets.Read more...
Tags: Science, Technology, Environment, Articles, Greenhouse Gas Emissions, Cryptocurrencies, Blockchains, Ethereum, Decentralization, NFT, Mike Winkelmann, Tyler Winklevoss, Kyle McDonald, Joanie Lemercier, Jesse Bragg, Crypto Art


Roll still doesn’t know how its hot wallet was hacked

Move fast, break things, get hacked. That’s what happened at Roll, the social currency platform that allows creators to mint and distribute their own Ethereum-based cryptocurrency known as social tokens. Last week, Roll disclosed a hacker had stolen $5.7 million from its hot wallet, a little over a year after the company launched. Roll set up a $500,000 fund to help creators recoup their losses, and the company promised to hire a third-party to audit its security infrastructure. But the company ...
Tags: Amazon, Security, Florida, Technology, Nsa, Tech, Hack, Cryptography, Williams, Computing, Payments, Cryptocurrencies, Terry Crews, Blockchains, Ethereum, Roll


Binance-backed Xend Finance launches DeFi platform for credit unions in Africa

Nigerian startup Xend Finance uses decentralized finance (DeFi) to address currency devaluation. DeFi aims to bridge the gap between decentralized blockchains and financial services. Aronu Ugochukwu and Abafor Chima founded the startup in 2019, and Ugochukwu is quite familiar with currency devaluation.  Currency devaluation is a common economic nightmare faced in most African countries and other developing countries worldwide . It has become imperative for  organisations like credit unions ...
Tags: Startups, TC, Finance, Nigeria, Africa, Tech, Bitcoin, Blockchains, Digital Currency, Cryptocurrency, Blockchain, Decentralization, Zhao, Ugochukwu, BSC, Binance


NFT marketplace OpenSea raises $23 million from a16z

OpenSea has been one of a handful of NFT marketplaces to explode in popularity in recent weeks as collectors wade into the trading of non-fungible tokens on the blockchain. While new startups have been popping up everyday, platforms that launched in crypto’s earlier times are receiving rampant attention from investors who see this wave of excitement for cryptocurrencies and tokens as much different than the ones that preceded it. Today, the startup announced that it’s closed a $23 million round ...
Tags: Elon Musk, Articles, Tech, Mark Cuban, Alexis Ohanian, Andreessen Horowitz, Cryptocurrencies, Blockchains, Ethereum, Cryptocurrency, Decentralization, Founders Fund, NFT, Naval Ravikant, Tezos, Distributed Computing


The NFT Art Heists May Have Begun

Nifty Gateway—an NFT marketplace that was bought out by the Winklevoss twins back in 2019—announced on Monday morning some of its users were swept up in a small-scale hack that saw their accounts and credit cards compromised. Read more...
Tags: Twitter, Science, Technology, Software, Computing, Hacker, Credit Card, Cryptocurrencies, Blockchains, Ethereum, NFT, Winklevoss, Payment Systems, Cross Platform Software, Law Crime, Michael Miraflor


Why NFT Collectibles Are Overhyped

NFTs have become an investing phenomenon, with everything from GIFs to sports highlights selling for millions of dollars. But how much of this is hype—and should we be reassured by celebrity endorsements from Logan Paul, Paris Hilton, Lindsay Lohan, Rob Gronkwoski and uh… Taco Bell? Here’s a look at why the NFT market…Read more...
Tags: Technology, Yahoo, Articles, Bitcoin, Computing, Nba, Lifehacks, Jack Dorsey, Cryptocurrencies, Blockchains, Ethereum, Lindsay Lohan, Decentralization, Taco Bell, Steven Seagal, Logan


I Sold a Tweet About My Future Cat on the Blockchain and Helped Kill the Earth in the Process

Meet Larry, a very good boy, forthcoming addition to the McKay household, and possibly the subject of one of the first-ever cat tweets to live on for eternity in the Ethereum blockchain.Read more...
Tags: Science, Technology, Articles, Earth, Bitcoin, Nba, Grimes, Cryptocurrencies, Blockchains, Ethereum, Decentralization, Digital Currencies, Larry, McKay, Cent, Payment Systems


The Regulations That Could Help Reduce Bitcoin’s Carbon Footprint

The price of bitcoin has hit record prices this month, and that’s bad news for the climate. As the price of the currency shoots up, so does the energy consumption as people are incentivized to mine more bitcoin. And a new paper published Wednesday in the journal Joule estimates that by the end of the year, bitcoin…Read more...
Tags: Science, Technology, Articles, Bitcoin, Cryptocurrencies, Blockchains, Ethereum, Decentralization, Digital Currencies, Joule, DE, Proof Of Work, Alex De Vries, Bitmain, Payment Systems, Economics Of Bitcoin