Solscan celebrates the accomplishments of Solana NFTs during 2022 and concludes that, despite the bear, the sector is positioned for future success.
The team behind blockchain explorer Solscan has published an annual review on the performance of Solana Non-Fungible Tokens (NFTs) in 2022
The report covers the explosion of Solana NFTs during the year, the difficulties experienced due to the bear market and FTX implosion, and the position of Solana NFTs going into 2023.
The report recognizes the dominant presence of Magic Eden NFT marketplace on the chain but also the traction made by the up-and-coming Hadeswap platform.
Topping the list of Solana NFT collections in terms of volume were y00ts and DeGods, two related projects that generated shockwaves throughout the Solana community when it was announced they would be leaving the chain for Ethereum and Polygon.
The Solscan report makes a veiled reference to the departure of those prominent projects, in the form of a “struck-out” sentence reading:
Read the Solscan review for much more information on the Solana NFT ecosystem.
Institutional investors will now be able to secure assets for collateral off-chain.
Binance Custody has launched Binance Mirror which will allow institutional investors to use and keep assets off-chain for collateralized leveraged positions.
Using Binance Mirror, institutional investors will be able to access trading and investment products from Binance without having to put assets on the exchange, according to the January 16 announcement. The assets will be locked in cold wallet storage as long as customers keep their position open on Binance.
Binance Mirror will give institutions added security to the assets they use with Binance and eliminate the vulnerabilities that can occur when keeping assets in hot wallets on chain.
Binance confirmed that assets kept on Binance Mirror “account for more than 60% of all assets currently secured on Binance Custody.” The exchange believes this shows that institutions and users are confident in the new off-chain solution.
Binance Custody is a regulated, compliant, institutional-grade custody infrastructure offering integrated custody solutions that are ISO 27001 & 27701 certified and SOC Type 1 & Type 2 attested. Its multi-party computation (MPC) technology, combined with a customizable multi-approval scheme, provides bespoke solutions allowing institutional clients to safely store and manage their digital assets while also benefiting from its secure gateway to a wide range of liquidity products by way of its connectivity to the Binance ecosystem.
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Binance positions itself as the world’s leading blockchain ecosystem and crypto-asset infrastructure provider with a financial product suite that includes the largest digital asset exchange by volume. The Binance platform aims to increase the freedom of money for users and features a comprehensive portfolio of crypto-asset products and offerings, including trading and finance, education, data and research, social good, investment and incubation, decentralization, and infrastructure solutions.
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The collection comprises 3000 unique NFTs built on the Core DAO testnet available on Miidas marketplace.
Rice Protocol has unveiled its latest Non-fungible Token (NFT) collection, Baby FOX, on Core DAO.
Baby FOX NFT is the protocol’s first collection on Core DAO (Testnet) and is available on the Miidas multichain NFT marketplace. Rice Protocol shared the launch details on January 15 through Twitter.
Good news for @Coredao_Org users. Rice Protocol officially launched New NFT on @miidasnft (Core Testnet).
Items : 3000 NFT
Price : 5 tCore
Link : https://t.co/EcN1X3coqj
💥 Get free 5 NFTs for 5 people 💥
👉 Retweet + ❤️ + Share
👉 Comment your Core wallet address 📌
The collection on Core DAO testnet comprises 3000 digital assets worth 5 tCORE each. Baby FOX NFT is designed to mimic little foxes. Each little fox NFT has unique accessories like eyeglasses, hair, shirt, and more.
Baby FOX NFT was launched by Rice Protocol via a presale held on Miidas launchpad from January 9 to 15. Users who participated in the presale enjoyed numerous benefits, including up to 30% returns on investment in Rice tokens built on Kava Chain.
The latest release on Core DAO testnet also promises to benefit users. As seen in the tweet, the protocol is giving out free NFTs to five lucky winners. Refer to the tweet in this article and visit the Miidas marketplace to purchase Baby FOX NFTs.
Core DAO is the official decentralized organization developing the Satoshi Plus ecosystem. It represents an opportunity for miners to access new revenue streams by contributing hash power to the chain. Inspired by the principles of both blockchains, Core displays a deep appreciation for the history of the crypto ecosystem paired with an even greater excitement for Core’s role in its future.
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The mini bull-run has extended outside the crypto industry to bitcoin mining companies in the stock market.
The crypto market is experiencing a mini bull run in January 2023. The New Year has treated the markets well, seeing Bitcoin surpass $21,000 for the first time since November 2022.
The green arrows and positive returns have extended outside the crypto markets to bitcoin mining projects. Here we will look at five bitcoin mining projects pushing positive gains in the stock market over the past week between January 9 -16.
Several of the projects listed above have also performed remarkably year-to-day. For example, Hive Blockchain is up over 100%!
As bitcoin mining becomes more difficult and competitive––mining has grown more than 10% since Nov. ‘22–companies have to ramp up their efforts to continue to acquire as much bitcoin as they can.
The source used in this article was Yahoo! Finance.
The launch of the Shibarium testnet is on the near horizon. Shiba Inu developers published details on how the new Ethereum layer-2 blockchain will operate.
Saying the launch of Shibarium is “imminent,” Shiba Inu developers have published details about how the Layer-2 blockchain will operate.
🍖 Introduction to Shibarium: Shiba Inu's Layer 2 Network — Rejoice #ShibArmy! Shibarium Beta is about to be launched, and through this article we want to introduce some basic concepts in order to provide clarity to the community.
Read more: https://t.co/xWyPaVlQQ4
The blog post again confirms that $BONE will be the gas token for Shibarium, and that transactions will burn $SHIB. Developers also discuss the roles of the new blockchain’s Validators and Delegators and how they will be selected and rewarded with $BONE and the future TREAT token.
Shiba developers aren’t yet disclosing the anticipated gas fees on the Ethereum L2 or the expected Transactions Per Second.
Read the post for more details.
Shiba Token (SHIB) is home to the Shiba Inu Ecosystem, an interconnected family of digital assets and solutions built on the Ethereum blockchain. Its tokens include $SHIB, $LEASH, and $BONE, plus native SHIBOSHIs NFTs. SHIB solutions include SHIB: The Metaverse and the ShibaSwap DEX. SHIB, a world-leading decentralized finance (DeFi) cryptocurrency, has gained popularity among millions of investors worldwide. It has 3.6 million Twitter followers and is frequently ranked as the third most searched project by Google. The Shibarium Layer 2 blockchain enables SHIB to provide increased scalability, security and innovation.
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Now that mainnet has arrived, CORE miners can anticipate the incoming airdrop shortly with the latest update.
Following a successful mainnet launch, Core DAO has updated its community with more information about the incoming airdrop.
The decentralized organization provided details about the airdrop distribution and eligibility in the latest update published on Medium. Core DAO also took to Twitter on January 15 to share the update.
More details on the upcoming Core airdrop! Read below👇https://t.co/xXGcKlOaX4#CoreDAO #SatoshiPlus
According to the publication, users of Core network will be airdropped 525,600,000 CORE tokens, representing 25.029% of the total supply of CORE. Further, qualified users with mined in-app rewards on the Satoshi App are eligible for the airdrop.
The airdrop will be vested. Only 25% of the available CORE tokens will be airdropped at the start of the airdrop. The remaining 75% will be unlocked monthly over two years. Additionally, the protocol disclosed that users cannot interact with locked tokens.
“Supporting network functions such as sending, receiving, or interacting with smart contracts for activities like staking will not be available with locked CORE tokens,” the blog read.
Moving forward, qualified users of the Satoshi App will receive instructions on how to receive the CORE airdrop within the application. Read the Core DAO publication to learn more.
Core DAO is the official decentralized organization developing the Satoshi Plus ecosystem. It represents an opportunity for miners to access new revenue streams by contributing hash power to the chain. Inspired by the principles of both blockchains, Core displays a deep appreciation for the history of the crypto ecosystem paired with an even greater excitement for Core’s role in its future.
Website | Docs | Twitter | Discord
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Buy Crypto with a bank transfer, credit or debit card, P2P exchange, and more. Not investment advice. All trading risk. Terms apply.
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Buy Crypto with a bank transfer, credit or debit card, P2P exchange, and more. Not investment advice. All trading risk. Terms apply.
