NFT News by Thebittimes.Com

After bagging $4 million last week, Pepe Unchained ($PEPU) is back on the grind, pushing its total funds raised to over $5 million. Pepe’s latest and most badass version, complete with its own Layer 2 chain on Ethereum, marked its one-month milestone by swiftly raising $1 million in the last three days. The crypto market isn’t yet in full altcoin season mode, but that hasn’t stopped investors from pouring new capital into Pepe Unchained week after week, seeing it as not just an improved Pepe but the new face of the cryptofication of meme culture. Currently priced at $0.008596, its native token, $PEPU, will jump to $0.00863040 in less than 24 hours as it smashes another presale stage with relative ease. Now’s the perfect time to grab some $PEPU before it hits major exchanges and its Layer 2 chain goes live. Once that happens, $PEPU’s price direction is set on course to the moon, and anyone who missed out now will h...

Base Dawgz ($DAWGZ) has officially launched its s taking feature and token holders can start earning now. The popular new meme coin on Ethereum Layer 2, Base, has a total of 1.69 billion $DAWGZ tokens allocated to s taking rewards – equivalent to 20% of its 8.4 billion total token supply. In a bullish development for $DAWGZ, investors can look forward to hourly distributions totaling 192,000 $DAWGZ tokens, taking place over the course of one year.  This schedule allows them to continuously compound their holdings, maximizing their potential gains with every passing hour. The presale price has moved up to $0.00581 from $0.00479 per $ DAWGZ, but that hasn’t stopped Base Dawgz from easily blowing through each successive price stage target. And with another price jump happening in less than six days, investors should grab the opportunity now to join the presale and stake their $DAWGZ for a high APY. Base Dawgz A ...

Pepe Unchained (PEPU) is a new frog-themed meme coin that has recently gained traction. Within two weeks of its presale, it has raised over $1.5 million. Will this new Pepe token with its own blockchain be the next meme coin to explode and make massive returns during this bull run? Pepe Unchained Marks a New Era for Meme Coins The world of meme coins is about to witness a revolution with the introduction of Pepe Un chain ed. Using the popularity of Pepe the Frog, PEPU aims to elevate meme coins by integrating a Layer 2 Ethereum block chain . Ethereum already has limitations in terms of speed and cost. Averaging at 15 transactions per second where each transaction can cost around $1 during low congestion. During high-congestion events — such as minting a popular NFT collection, as we’ve seen with Yuga Labs Otherdeeds mint — ...

The group, “Bitcoin Argentina,” previously rejected the idea that regulation was needed in the cryptocurrency industry. Non-government organization Bitcoin Argentina presented a draft bill proposing to regulate the cryptocurrency market in a way that preserve s de central ization and strengthens public trust. The proposed legal framework was pitched by Bitcoin Argentina's president Ricardo Mihura at LABITCONF 2023 in Argentina’s capital, Buenos Aires on Nov. 10. Bitcoin Argentina previously dismissed the idea that the industry needed to be regulated. However, the Bitcoin advocates now argue it is necessary to not only preserve blockchain but also hold bad actors accountable to the fullest extent of the law. “We have always rejected attempts to regulate the crypto economy, but this time we set ourselves the goal of giving a positive response, with only two purposes: preserving decentralization and protecting savings and public trust.” Mihura added: “We cannot close our eyes to the...

ShuttleFlow will change ownership to be operated and developed by Zero Gravity. ShuttleFlow, the ecosystem multichain protocol operated and maintained by Conflux Foundation, also known as the Shanghai Tree-Graph Block chain Research Institute, will shut down after two years .  The ShuttleFlow technology stack will instead be transferred to Web3 studio Zero Gravity, which will continue to develop the protocol under a new brand. "All user funds are secure and will be migrated from ShuttleFlow to Zero Gravity," developers wrote, adding, "Users who have previously bridged through ShuttleFlow and completed the claim of their bridged assets on the destination chain do not need to undergo any additional operations for the migration." "After ShuttleFlow shuts down its bridging, users can bridge through Zero Gravity's official dApp or continue using the bridging aggregator, which will integrate Zero Gravity when launched." The ShuttleFlow decentralized a...

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...

Simon Callaghan said that efforts need to start on social media and telecommunication channels where most cryptocurrency scams originate. Blockchain Australia’s new CEO, Simon Callaghan, is urging Australia’s banks, the government and the crypto industry to come together to combat rising cryptocurrency scams. Speaking on the final day of Australian Block chain Week in Melbourne on June 30, Callaghan announced the association will now be focused on helping prevent scams that involve crypto , among its other efforts . Simon Callaghan speaking at Australian Blockchain Week on June 30. Source: Cointelegraph “We're going to have to work with the banking sector. We're going to have to work with the government,” the CEO said, stressing the need to protect consumers. Callaghan however noted that scams often originate on social media or through telecommunication channels — noting that policing efforts need to start from the point of first contact: “Crypto is either an exit point or m...

Bitcoin’s NFT market is growing, but it is primarily driven by newfound hype for memecoin trading on the blockchain. The monthly trading volume of nonfungible tokens (NFTs) and memecoins on Bitcoin in May surpassed Solana’s volume, according to data from CryptoSlam.  Bitcoin ordinals trading volume currently stands in second place behind Ethereum, which did $393 million in NFT volume, more than twice that of ordinals on Bitcoin (BTC) in 30-days starting April 23. Bitcoin gained a significant lead over popular block chain s like Polygon, ImmutableX, BNB Chain and Solana during this period. According to a Dune dashboard by BRC-20 token standard creator Domo, BRC-20 token transactions accounted for the majority of ordinals activity on Bitcoin. The BRC-20 token standard is an experimental fungible token standard built using ordinals. It has harbored hype for memecoin, speculative cryptocurrencies whose price action is fueled by certain enthusiastic communities. The total market capitali...

Cryptocurrency exchange Binance is behind an initiative to qualify university students in Kazakhstan to work in the industry. Under an agreement with the government, the block chain course will be added to the curricula of higher education institutions across the country. Binance Exchange to Help Teach Blockchain at Kazakhstan’s Universities The world’s largest crypto exchange, Binance, is launching an education program in Kazakhstan. The trading platform is preparing to provide blockchain training to more than 40,000 students by 2026 at universities and colleges across the Central Asian nation, according to a press release published on Tuesday. Binance is partnering on the initiative with the Block chain Center research lab established by the Center for the Development of Payment and Financial Technologies of the National Bank of Kazakhstan (NBK) and the Astana International Financial Centre (AIFC), the Ministry of Digital Development, and the Ministry of Education. The project ...