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5 Things Blockchain You Need to Know
Hologram NFT at Art Basel Miami Are Trying to Save the Oceans
COINDECK
Non-fungible tokens masquerading as holograms are raising funds to save the oceans at this year's Art Basel Miami Beach. The Open Earth Foundation, a technology platform for climate action, is conducting its OceanDrop NFT sale, following its CarbonDrop NFT sale in March, which raised approximately $6.6 million. Open Earth Foundation Executive Director Martin Wainstein says the goal is to use blockchain tech to accurately account for carbon in the atmosphere and support ocean conservation. The money raised from auctioning OceanDrop NFTs will fund a new program on Cocos Island, called Open Ocean. OceanDrop is attempting to push the envelope on NFT innovation. All the digital artworks and animations in the sale will feature holograms using holographic technologies such as Portl.
continue reading!
NFT-Linked ETF Is Launching as Wait for Crypto Fund Goes On
BLOOMBERG
The Defiance ETFs launched the Defiance Digital Revolution ETF (ticker NFTZ) on Thursday, which will track blockchain-related companies and non-fungible token indexes. It won't invest in cryptocurrencies directly because it's one of the first ETFs to include the growing market for NFTs. The U.S Securities and Exchange Commission allowed an ETF that holds Bitcoin futures to begin trading in October this year. Blockchain thematic ETFs have multiplied in numbers while the SEC rejected numerous applications for a spot ETF over the last several years. According to the Defiance ETFs' senior investment officer, the NFTZ fund is a great way for investors to get access to firms involved in the resurgence of NFTs.
continue reading!
Ethereum Layer 2 TVL Surges 13% To New All-Time High
BITCOINIST
Ethereum has been the dominant smart contract on the market, leading to more DApps being deployed onto Ethereum's blockchain. Ethereum has continued to grow in popularity, with TVL (Total Value Locked) continuing to rise. Layer 2 protocols are more popular than Layer 1 solutions because they offer lower transaction fees and greater benefits. As the number of users of these technologies has increased, so has the amount of money locked in them. Ethereum remains the leading DeFi platform in the crypto space, and despite blockchains like Solana and Avalanche trying to steal market share from Ethereum, continues to dominate by a wide margin.
continue reading!
Monster-Sized Bitcoin Whale Transfers Significant Amounts of “Cold BTC” to Active Exchanges
BITCOIN.COM
On the first two days of December, there have been some massive bitcoin whale movements stemming from long-term bitcoin holders. Bitcoin reached a high price of $59,250 per unit but has since decreased to just over $40K. The onchain action was caught by the blockchain parsing tool Btcparser 3, which analyzes each and every new bitcoin block by getting detailed information about all transactions within it. "The bot uses groups of 100 blocks and identifies all wallets that sent or received a total exceeding 1,000 bitcoins during that time", explains the parsing tool's website.
continue reading!
New crypto and Blockchain Association Launches in Iran
BITCOIN.COM
In Iran, a recently formed crypto industry association has begun operations under the country's chamber of commerce. Its management aims to assist its members in overcoming difficulties while also facilitating the implementation of blockchain technology in the sanctioned economy. The Iran Blockchain and Cryptocurrency Association (IBCA) is the first organization affiliated with the Iran Chamber of Commerce, Industries, Mining, and Agriculture that deals with challenges facing Iran's growing blockchain ecosystem. The launch was announced by a member of the association’s board, Mohammad Reza Sharafi, who expressed hope that the IBCA would be able to remove hurdles faced by businesses in the crypto space and use blockchain technology in the interest of the Iranian economy.
continue reading!
This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit veztek.substack.com
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By Sani Abdul-JabbarHologram NFT at Art Basel Miami Are Trying to Save the Oceans
COINDECK
Non-fungible tokens masquerading as holograms are raising funds to save the oceans at this year's Art Basel Miami Beach. The Open Earth Foundation, a technology platform for climate action, is conducting its OceanDrop NFT sale, following its CarbonDrop NFT sale in March, which raised approximately $6.6 million. Open Earth Foundation Executive Director Martin Wainstein says the goal is to use blockchain tech to accurately account for carbon in the atmosphere and support ocean conservation. The money raised from auctioning OceanDrop NFTs will fund a new program on Cocos Island, called Open Ocean. OceanDrop is attempting to push the envelope on NFT innovation. All the digital artworks and animations in the sale will feature holograms using holographic technologies such as Portl.
continue reading!
NFT-Linked ETF Is Launching as Wait for Crypto Fund Goes On
BLOOMBERG
The Defiance ETFs launched the Defiance Digital Revolution ETF (ticker NFTZ) on Thursday, which will track blockchain-related companies and non-fungible token indexes. It won't invest in cryptocurrencies directly because it's one of the first ETFs to include the growing market for NFTs. The U.S Securities and Exchange Commission allowed an ETF that holds Bitcoin futures to begin trading in October this year. Blockchain thematic ETFs have multiplied in numbers while the SEC rejected numerous applications for a spot ETF over the last several years. According to the Defiance ETFs' senior investment officer, the NFTZ fund is a great way for investors to get access to firms involved in the resurgence of NFTs.
continue reading!
Ethereum Layer 2 TVL Surges 13% To New All-Time High
BITCOINIST
Ethereum has been the dominant smart contract on the market, leading to more DApps being deployed onto Ethereum's blockchain. Ethereum has continued to grow in popularity, with TVL (Total Value Locked) continuing to rise. Layer 2 protocols are more popular than Layer 1 solutions because they offer lower transaction fees and greater benefits. As the number of users of these technologies has increased, so has the amount of money locked in them. Ethereum remains the leading DeFi platform in the crypto space, and despite blockchains like Solana and Avalanche trying to steal market share from Ethereum, continues to dominate by a wide margin.
continue reading!
Monster-Sized Bitcoin Whale Transfers Significant Amounts of “Cold BTC” to Active Exchanges
BITCOIN.COM
On the first two days of December, there have been some massive bitcoin whale movements stemming from long-term bitcoin holders. Bitcoin reached a high price of $59,250 per unit but has since decreased to just over $40K. The onchain action was caught by the blockchain parsing tool Btcparser 3, which analyzes each and every new bitcoin block by getting detailed information about all transactions within it. "The bot uses groups of 100 blocks and identifies all wallets that sent or received a total exceeding 1,000 bitcoins during that time", explains the parsing tool's website.
continue reading!
New crypto and Blockchain Association Launches in Iran
BITCOIN.COM
In Iran, a recently formed crypto industry association has begun operations under the country's chamber of commerce. Its management aims to assist its members in overcoming difficulties while also facilitating the implementation of blockchain technology in the sanctioned economy. The Iran Blockchain and Cryptocurrency Association (IBCA) is the first organization affiliated with the Iran Chamber of Commerce, Industries, Mining, and Agriculture that deals with challenges facing Iran's growing blockchain ecosystem. The launch was announced by a member of the association’s board, Mohammad Reza Sharafi, who expressed hope that the IBCA would be able to remove hurdles faced by businesses in the crypto space and use blockchain technology in the interest of the Iranian economy.
continue reading!
This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit veztek.substack.com