NFT News by Thebittimes.Com

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. 2023 has been characterized by bearish conditions flattening markets and a heavy focus on regulation and compliance through the lens of the large-scale collapses and fraud incidents in 2022.  You might also like: Crypto market on Christmas: historical trends and what to expect  However, things are rarely quiet for long in this industry, and change is already in the air. While the question of jail time for Sam Bankman-Fried and Changpeng Zhao may still be outstanding, the drama of the legal battles appears to be largely settled, and the sector is buzzing with anticipation of a new bull market as it looks ahead to the year ahead. An expected spot ETF approval and the upcoming Bitcoin halving are both adding to rising speculation.  While a change in market conditions is good news, it inevitably brings fresh challe...

OpenSea, the digital marketplace for non-fungible tokens (NFTs), has expanded its multi- chain presence after releasing the Pro version to the Polygon side chain .  1/ OpenSea Pro is now live on @0xPolygon! 🟣 Wen Multi chain ? Now. OpenSea Pro just became the go-to destination to buy, sell, and list NFTs across marketplaces AND block chain s! Find your favorite collections on Ethereum and Polygon  https://t.co/oYtdhiw69x pic.twitter.com/OYPbwNf7EJ — OpenSea Pro (@openseapro) November 2, 2023 Taking to X on Nov. 2, OpenSea said users can now buy and sell NFTs on different marketplaces and block chain networks. Moreover, OpenSea has launched a cross- chain bridge feature with Socket, a web3 infrastructure for social interactions on- chain . This feature allows users to send tokens to other chain s and swap them “in a single flow.” You might also like: Ex-OpenSea exec accused of pump & dump, $60m rug pull OpenSea supports various ledgers, offering ...

Blockchain protocol MultiversX has implemented a novel two-factor authentication mechanism to add additional security to its network. Two-factor authentication (2FA) is a tried and tested online security measure, and the technology is now being used as an additional transaction signing measure on MultiversX’s blockchain protocol. MultiversX CEO Beniamin Mincu unpacked the protocol’s new guardian service in conversation with Cointelegraph. The feature makes use of Google Authenticator, Authy, Duo, Microsoft Authenticator or biometrics to provide a second signature for transactions before they are processed on-chain. Mincu outlines the novelty of the approach, which allows users to make use of guarded transactions and accounts to act as a secondary security mechanism: “What the chain sees is a guarded account, if it has the feature activated, and for that account, it requires that any outgoing transaction carry two signatures, one from the account owner and the second one from the guar...

Users who shared links to a waitlist for the Arkham service had their email addresses exposed on Twitter due to how the references were encoded. Arkham, a “blockchain intelligence company,” announced what it’s calling the “world’s first on -chain intelligence exchange” on July 10 alongside the launch of a new coin, ARKM, through Binance’s Launchpad service. Crypto Twitter has had a predictably split response to the announcement, with negative sentiment surrounding Arkham’s purported mission to “deanonymize the blockchain” causing some ire. Chief among the complaints, many of which describe the company’s Intel Exchange as a “ snitch- to -earn ” or “snitching-as-a-service” program, involves Arkham's perceived role as a centralized intelligence agency. Fuck this. It's not even the snitch- to -earn component that I'm entirely against (it is useful as a decentralized whistleblowing dapp for public good). The submissions end up on Arkham + Arkham Fnd is the central arbiter. S...

On-chain analysis gives compelling reasons why BTC price could be in the final stages of a bottoming process. After a whirlwind November for Bitcoin (BTC), certain on-chain and Bitcoin price metrics are suggesting that BTC’s bottom could occur in December. In Capriole Investments' latest report, they provide analysis on Bitcoin finding the bottom. When taking into realized value, miner capitulation, mining electrical costs, downdraw and record hodler numbers, a BTC floor of $16,600 - $16,950 seems formed.  Here are five reasons why Edwards believes Bitcoin price is coming closer to a cycle bottom. SLRV Ribbons flash a buy signal The SLRV Ribbons track investment flows by combining the 30-day and 150-day moving averages to the SLRV Ratio which is a percentage of the Bitcoin moved in 24 hours divided by BTC held for 6-12 months. Bitcoin SLRV Ribbons. Source: Glassnode According to Charles Edwards, the SLRV Ribbons outperform the BTC HODL strategy, making it a strong indicator of whe...