NFT News by Thebittimes.Com

EigenLayer’s token EIGEN will launch in May, with a total supply of 1.67 billion tokens. The Eigen Foundation has announced an airdrop for the community, set for May. The Eigen Foundation, the non-profit supporting the development of restaking protocol EigenLayer, has announced the launch and distribution of the native token EIGEN. Alongside the announcement for the token, the foundation and the Eigen Labs team unveiled the EigenLayer whitepaper. The project, which attracted investment from Binance Labs and a16z early this year, has seen tremendous growth in terms of staked Ether (ETH). EIGEN token launch and airdrop According to today’s announcement, the Eigen Foundation will launch the EIGEN token in May. An airdrop for the community of stakers on EigenLayer will also go live. The new token is set at a total supply of 1.67 billion, with 45% of the EIGEN tokens allocated to the community. Today the @eigenfoundation introduces EIGEN, bas...

TLDR What is Rebel Satoshi ? What are the growth prospects of $RBLZ and $RECQ? The crypto market has performed laudably thus far in 2024, with top crypto coins recording massive gains. However, a recent slowdown has forced some crypto whales to migrate to Rebel Satoshi’s $RECQ token, which has positioned itself as a leading meme coin after jumping 85% during its ongoing public presale. Will $RECQ continue climbing to become the biggest meme coin in 2024? What is Rebel Satoshi? Rebel Satoshi is an up-and-coming meme coin project that follows in the rebellious footsteps of Satoshi Nakamoto and Guy Fawkes. Specifically, Rebel Satoshi aims to challenge the status quo in the crypto industry by fighting centralized crypto entities. In doing so, Rebel Satoshi believes it can push the crypto industry to a new age of decentralization. While this is a daunting mission, Rebel Satoshi has embraced a unique approach, which involves uniting the silent majority...

Former LedgerPrime personnel have initiated Split Capital, a hedge fund focusing on long-term investments in liquid digital tokens. The venture was initiated by LedgerPrime alumni Zaheer Ebtikar and Michael Churchouse, along with Nai Boonkongkird. Shiliang Tang, the former chief investment officer at LedgerPrime, will advise the fund. Reported first by Fortune, Split Capital presents a unique approach to its investment strategy. Unlike many venture capital firms active in crypto, which tend to divest quickly once digital asset s become liquid, Split Capital aims to take a longer-term perspective on token investments. This strategy is intended for investors willing to commit to the crypto market over an extended period. It's been a long time coming but I'm thrilled to announce the official launch of Split Capital, a liquid digital asset s fund. Split Capital, as a concept, has been in my mind for years now and it's been a dream to finally see it come to fruition.ht...

Airline passengers can get rewards such as flight upgrades or airport lounge access after completing NFT collections. Lufthansa, one of the largest airline groups in Europe, has launch ed its nonfungible token (NFT) loyalty program on the Polygon Network. The program will allow passengers to turn their trips into NFTs that can unlock rewards like miles and business lounge vouchers.  On Aug. 31, Lufthansa announced the Uptrip mobile application, a project by Lufthansa Innovation Hub, the airline group’s digital innovation unit and Miles & More, the airlines’ frequent flyer program. Lufthansa's @Uptrip_app loyalty program is building #onPolygon to turn flights into rewards Collect NFT trading cards for every flight and claim rewards Learn more about the new Miles & More and @LHInnovationHub experience: https://t.co/MjQihK8xUx pic.twitter.com/JfUEoUJxNR — Polygon (Labs) (@0xPolygonLabs) August 31, 2023 According to the announcement, airline passengers can scan th...

The Mexican crypto exchange , Bitso, will launch an international payments service . The main aim of the new service is to connect the Latin American region with the rest of the world. It will allow companies to send and receive international payments in crypto currencies, fiat money and stablecoins. “With this launch , we seek to boost the economies of our region, by facilitating operations between countries and opening trade corridors that increase the development and prosperity of Latin America.” Santiago Alvarado, SVP of institutional products at Bitso The service will be available in the regions where Bitso is currently operating: Mexico, Argentina, Brazil, and Colombia. Bitso is currently one of the biggest cryptocurrency exchanges in Mexico and Latin America. The company was founded in Mexico in 2014 by Ben Peters, Daniel Vogel, and Pablo Gonzalez. You might also like: Bitso integrates Stellar, XLM rallies 20% lifting sentiment and bolstering Borro...

The Azuki team has been under criticism this week for making up to 20,000 ether, up to $38 million worth, from the launch of a new 10,000 PFP Azuki Elementals collection that looked strikingly similar to the original. The new Elementals set even had various identical artworks with the original, which have since been changed by the team. The team explained that the identical items were due to an “ETH block glitch.”  As for the artworks that looked similar but not identical, Azuki announced yesterday late at night — after a lengthy meeting on its Discord — that it will soon give the option for holders to vote on some changes that may be added to alter their appearance.  The changes proposed, however, will only involve changing the background color and adding some elements — the artwork will mostly remain the same. Some holders were evidently not happy with this news.  “What an absolute joke,” one Twitter user wrote in response to the news. “Put i...

The BRC-721E token standard was launched by the Ordinals market and the Bitcoin Miladys NFT collection, allowing traders to transfer their ERC-721 NFTs to Ordinals. Bitcoin Ordinals are the latest layer-2 solution enabling decentralized storage of digital art on the Bitcoin blockchain. Ordinals will now allow users to migrate their Ethereum ERC-721-based nonfungible tokens (NFTs) to the Bitcoin blockchain with the launch of the BRC-721E standard. The BRC-721E standard was jointly launch ed by the Ordinals market — an Ordinals-based marketplace — and the Bitcoin Miladys NFT collection. The new BRC-721E standard enables the conversion of immutable, verifiable ERC-721 NFTs to Ordinals. Initially, metadata is not stored on-chain, but users can store a lower-quality preview image and include a reference to the Ether (ETH) burn in the raw image data. Our #Bitcoin Ordinals bridge is now live In collaboration with @OrdinalsMarket_ & @xverseApp Bridge: https://t.co/T9UhTNVp4W New token s...

Join Our Telegram channel to stay up to date on breaking news coverage Polygon (MATIC), a well-known Ethereum scaling project and one of the largest crypto projects in the industry, has recently revealed very exciting news. According to its new blog post, the project has selected a launch date for its zero-knowledge Ethereum Virtual Machine (zkEVM) beta mainnet to go live. Earlier, the project promised that the launch will happen in Q1 2023, and while many were becoming increasingly skeptical since half of the quarter has passed already, Polygon will stay true to its word. The launch was announced for March 27th, and, as the project said, it will mark the future of Ethereum scaling. Roses are red 🌹 Violets are blue Poems are hard 😩 Mainnet Beta is here ON MARCH 27, Polygon #zkEVM launches the future of Ethereum scaling 🚢💜🚢💜https://t.co/OqSOYTn8Uv pic.twitter.com/kpXavea3ff — Polygon (@0xPolygon) Febr...

1. Uniswap plans to discuss a proposal to deploy Uniswap V3 on the StarkNet network link Uniswap plans to discuss with StarkWare and Nethermind the proposal to deploy Uniswap V3 on the StarkNet network, as well as the new problems faced by its deployment on the first non-EVM network. 2. Sushi CEO release d the roadmap for 2023 link Sushi CEO released the roadmap for 2023, it will release its DEX aggregation router in the Q1, redesign tokenomics to encourage LPs to migrate to Sushi for increased ROI, launch Sushi’s decentralized incubator: Sushi Studios, etc. 3. ETH’s weekly summary a. ETH supply deflation again to pre-merge levels after 47 days link Opensea (consuming 1517 ETH) ranked first in terms of ETH consumption of GAS fees in the past 7 days, followed by Uniswap V3, ETH transfers, Tether, and Uniswap V2. b. The Ethereum Foundation launch es second Academic Grants Round link With this grants round, the Ethereum Foundation welcomes more academics to the table to push forward...