π¨π Solana-based NFT marketplace Exchange.art to integrate Ethereum support starting August 1. Over 80 Ethereum-based artists, including Sothebyβs "Glitch Art" sale artist Patrick Amadon, will join. Exchange.art aims to be a hub for digital art and traditional art, making it easier for artists to maintain one platform and community for their work. The move comes as Ethereum leads NFT trading volume at $10.2 million in the past 24 hours. #NFT #Solana #Ethereum #cryptoart 
π Singapore High Court declares crypto as property! πΌπ Big step for #cryptocurrency as court recognizes it can be held on trust. Bybit wins case against contractor. #Singapore #LegalRecognition #CryptoNews 
ππ₯ The Stan Lee NFT collection by Kartoon Studios sold out almost instantly, bringing renewed confidence to the NFT market. The collection of over 8,000 digital collectibles, released in celebration of Stan Lee's 100th birthday, generated $120,000 in revenue for Kartoon Studios. Prices for the NFTs rose by up to 5 times, with the cheapest NFT valued at $81 and the highest at $749. Stay tuned for updates on the next phases of the Stan Lee NFT sale! #NFT #StanLee #KartoonStudios #CryptoNews 
π° Russian President Vladimir Putin signed a new law that allows the country's central bank to issue its own digital currency, the digital ruble. The digital ruble will be used for payments and will be managed by the Bank of Russia. #Russia #DigitalRuble #CBDC #BankofRussia #VladimirPutin 
πΌπΌ Unpacking ERC-6551, the token-bound account standard on Ethereum that allows NFTs to function as wallets themselves. Adopted by Web3 projects, it enables various use cases in NFTs, gaming, DAOs, and the metaverse. Still a proposal, it can redefine utility in the Web3 ecosystem. #ERC6551 #NFT #Web3 #Ethereum 
π Craig Wright wins appeal to argue Bitcoin file format deserves copyright protection in the UK. The case against Bitcoin and Bitcoin Cash will be decided at a trial in January 2024. πβ #Bitcoin #Copyright #UKLaw #Trial #CraigWright 
Proof has launched its new Ethereum profile picture (PFP) collection called Mythics, an evolution of its Moonbirds project. It features 20,000 hand-drawn illustrations of mythical birds and offers a new minting experience for existing Proof NFT holders. Moonbirds NFT holders can "nest" their birds to receive a Mythic egg, while Proof's Oddities holders must burn their NFTs to be eligible. Up to 100 Mythics will be released per day over at least 200 days. Mythics fall into three categories: stone, legendary, and runic eggs. Holders gain full commercial rights and access to future Proof releases and experiences. 
Binance Labs has invested $10 million in Radiant Capital, a DeFi lending and borrowing protocol built on LayerZero's architecture. The funds will be used for tech and product development, expanding collateral, and deployment on the Ethereum mainnet. Radiant aims to solve DeFi's liquidity problem by serving as a cross-chain money market. #BinanceLabs #RadiantCapital #DeFi #CryptocurrencyInvestment 
π΄Amazing Thailand is back for a third season of NFT tourism! Explore the country's hotspots to unlock NFT rewards and enjoy exciting benefits and discounts. With over 55k NFTs distributed, including artworks and tokens at various locations, Thailand continues to support blockchain innovation. #AmazingThailand #NFTTourism #BlockchainInnovation 
ππ Solana Foundation and Polygon lead $30M funding round for Cosmic Wire. The Web3 startup offers metaverse creation tools and blockchain infrastructure solutions. Exciting partnerships with Solana and Google Cloud's Web3 program will accelerate development and provide exclusive resources. #Web3 #Metaverse #Blockchain 
ππ¨ Remilia Corporation's Milady Maker has been crowned NFT Project of the Year at the 2023 Binance Awards. Overcoming challenges and slander, Milady Maker stood its ground and became a successful PFP NFT generative project with a thriving community of artists, creators, philosophers, and visionaries. The project aligns with Charlotte Fang's vision of Network Spirituality, representing a new age of truth, beauty, and humanity. The artist, Milady Sonora Sprite, celebrated the milestone with his family, and the event was marked by emotional joy and a special hibachi dinner. To celebrate the achievement, Remilia Corporation hosted exclusive cocktail parties in Florida and Paris for Milady Holders. #NFT #MiladyMaker #RemiliaCorporation #BinanceAwards 
ππ° Reddit's native tokens, Moons (MOON) and Bricks (BRICK), have seen significant price gains, with MOON surging 170% and BRICK skyrocketing 300%. The rally is speculated to be driven by Reddit's recent change in terms of service, explicitly allowing trading of tokenized Community Points. Although community points have always been tradable, the new change could potentially lead to more attention and adoption of these tokens. Moons are rewarded to users in r/CryptoCurrency, while Bricks are given in r/Fortnite. Both tokens can be freely traded, tipped, or spent within the respective communities. #Reddit #Moons #Bricks #Crypto #Tokens 
ππ° Crypto lender Celsius Network deposited $59.4M of altcoins to exchange FalconX, possibly to convert into BTC and ETH after court approval. The move may impact token prices due to decreased liquidity, as noted by Kaiko. Celsius filed for bankruptcy protection last year and its former CEO faces fraud charges. #CelsiusNetwork #cryptocurrency #BTC #ETH #bankruptcy 
πβ‘ Binance now allows Bitcoin deposits through the Lightning Network, joining Kraken and Bitfinex in offering this feature. Lightning deposits are faster and cheaper than on the main blockchain, settling in under a minute with a base fee of $0.04. The Lightning Network aims to speed up transaction times and alleviate network congestion. Coinbase's CEO also hinted at future integration of the scaling solution. #Binance #LightningNetwork #Bitcoin #crypto 
PUMA, Roc Nation, and Legitimate collaborate for a hip-hop-inspired sneaker collection. The sneakers have NFC chips that provide exclusive music content from Roc Nation artists. π΅π #PUMA #RocNation #Legitimate #SneakerCollection #NFC #HipHop 
Coinbase halts retail staking in four US states due to regulatory challenges. SEC lawsuit alleges staking service as securities. Coinbase will comply with state orders. βπ #Coinbase #SEC #StakingService 
Ripple Labs' court ruling has thrown U.S. crypto-token regulation into chaos. π©β The decision deems XRP both an unlawfully sold investment contract and a lawful "something else," creating ongoing uncertainty. Only Congress can provide clarity. ππ‘ Ripple's win on programmatic sales and other distributions may face appeal. Regulatory consistency is needed to define the legal status of tokens. π‘π Time for Congress to establish purpose-built frameworks for cryptocurrency regulation. ππ #Ripple #CryptoRegulation 
π¨π Art Blocks CEO, Snowfro, is giving away 81 additional Chromie Squiggle NFTs to individuals and communities that supported him and the platform. These NFTs are not for sale but are a gesture of appreciation. With a floor price of over 10 ETH, it's a significant gift. Snowfro is distributing the Squiggles to various recipients, including mentors, art galleries, and charitable organizations. The minting is seen as the right conclusion to the project. Art Blocks has previously rewarded collectors, and this act reinforces the community-driven nature of the platform. ππ« #NFT #GenerativeArt 
π Dapper Labs, the company behind popular NFT projects, has laid off 51 employees due to the ongoing slowdown in the NFT market. This is the third round of layoffs in the past year for the company. The NFT market has been struggling, with declining sales volume and users on marketplaces. Even blue chip collections like Bored Apes have seen significant drops in value. Dapper Labs aims to restructure and focus on healthy growth for its communities. #DapperLabs #NFTMarket #CryptoWinter 
ππ Bitcoin has struggled to break above the $31,000 mark this week, facing resistance from futures traders. On two occasions, Bitcoin reached highs around $31,000 but quickly retreated. The increase in open interest in stablecoin-margined futures contracts suggests a rise in bearish short positions. The release of the U.S. consumer price index report further impacted Bitcoin's movement. Despite the attempts, Bitcoin has been unable to sustain a breakout above $31,000. #Bitcoin #FuturesTrading #MarketUpdate 