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NFT gaming company Animoca Brands acquires majority stake in Bondly

Animoca Brands, a nonfungible token (NFT) game developer, has announced a substantial investment in the NFT platform Bondly. According to a release issued on Friday, Animoca will own a majority stake in Bondly following the investment. Commenting on the rationale behind its investment in Bondly, Animoca chairman and co-founder Yat Siu told Cointelegraph: “We acquired a majority stake in Bondly because it will significantly assist us to drive true digital ownership via NFTs, and we see this as crucial to the future of gaming and the emergence of the open metaverse.” As part of the investment, Bondly’s NFT technology,...

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Cointelegraph Consulting: How Avalanche is reimagining DeFi

It’s not the first time that the native token of the Avalanche blockchain has encountered wild fluctuations. In February, AVAX shot as high as $60 only to reach a nadir in June and July. But after bottoming at $9.34, AVAX is now beyond $60 and is currently trading at $76. This has earned it a spot in the top 20 cryptocurrencies by market capitalization with $16 billion, according to Cointelegraph Markets Pro. Avalanche is among the layer-one blockchains tagged as “Ethereum killers” that appear to have reduced the recent dominance of the top altcoin in terms of total locked...

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Cointelegraph Consulting: How Avalanche is reimagining DeFi

It’s not the first time that the native token of the Avalanche blockchain has encountered wild fluctuations. In February, AVAX shot as high as $60 only to reach a nadir in June and July. But after bottoming at $9.34, AVAX is now beyond $60 and is currently trading at $76. This has earned it a spot in the top 20 cryptocurrencies by market capitalization with $16 billion, according to Cointelegraph Markets Pro. Avalanche is among the layer-one blockchains tagged as “Ethereum killers” that appear to have reduced the recent dominance of the top altcoin in terms of total locked...

Cointelegraph Consulting: How Avalanche is reimagining DeFi

It’s not the first time that the native token of the Avalanche blockchain has encountered wild fluctuations. In February, AVAX shot as high as $60 only to reach a nadir in June and July. But after bottoming at $9.34, AVAX is now beyond $60 and is currently trading at $76. This has earned it a spot in the top 20 cryptocurrencies by market capitalization with $16 billion, according to Cointelegraph Markets Pro. Avalanche is among the layer-one blockchains tagged as “Ethereum killers” that appear to have reduced the recent dominance of the top altcoin in terms of total locked...

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Staking on Ethereum 2.0, explained

While Ethereum 2.0 staking allows validators to be compensated for securing the network, ‘Ethereum 2.0 Staking Earn’ is its own product, providing users rewards from several DeFi products. On Ethereum 2.0, the PoS-powered blockchain will bundle 32 blocks of transactions during each validation round. Each block bundle is known as an epoch, which are finalized transactions. During the validation process, also known as “attesting,” the Beacon Chain assigns groups of stakers into “committees” of 128, who are then given a shard block. A base reward will determine the issuing rate of Ethereum 2.0. As the number of validators connected...

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NFTs could mark a resurgence in art galleries

For decades, art galleries and museum exhibitions around the world have facilitated the presence of cultural education, social interaction and visual moments of awe.Michelangelo’s “Sistine Chapel,” Georgia O’Keeffe’s “Black Iris III” and Picasso’s “Weeping Woman” have all inspired generations of art lovers in their own pursuits of life — creative or otherwise.However, since the turn of the century — grossly impacted by seismic shifts in digital behaviors, economic uncertainties and enduring complaints of exclusivity — art galleries have seemingly depreciated in societal appeal.A piece by Arts Professional in late 2017 exposed the decline in visitor numbers to London’s most prominent art...

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10% of early-stage startups working on blockchain: GSER 2021

With venture capital funding seemingly prioritizing emerging technology, the blockchain industry experiences a significant influx of capital from corporate backers.According to the Global Startup Ecosystem Report 2021 published on Wednesday, blockchain-based businesses account for 10% of startups worldwide.The figure is part of a more significant trend that has seen emerging technology become a fast-growing sub-sector in terms of early-stage funding. The report divides startups into growing, matured and declining sub-sectors. Unsurprisingly, blockchain technology is in the first group, where the average growth rate is 107%, along with agriculture technology (agtech) and new food, advanced manufacturing and robotics, artificial intelligence...

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Cardano price dips after smart contract launch, Walmart working with Litecoin is fake news, Coinbase raises $2B from junk-bond sale: Hodler’s Digest, Sept. 12-18

Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link.Top Stories This WeekCardano launches smart contracts after successful hard forkAfter years of anticipation, Charles Hoskinson’s brainchild, Cardano, finally launched its smart contract functionality via the Alonzo hard fork on Monday. You’d think the result of this would be some bullish price action for ADA but, alas, its price dropped 10% following the rollout. While Cardano was keen to celebrate...

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Bitcoin is great, but real crypto innovation has moved elsewhere

Something is brewing, and those with finely tuned noses can smell it. As traders have come to expect, Bitcoin (BTC) is doing “Bitcoin things” by bouncing around between the usual “key” support and resistance levels, and to be honest, it’s all starting to feel a bit boomerish. Bitcoin’s long-awaited “moon” depended on institutional investor buy-in, breaking the previous all-time high at $19,000 and a set of other firmly held beliefs. Well, all that happened, and the run to $64,900 exceeded many investors’ wildest dreams. But despite this, the entire BTC situation just feels predictable and boring if you are...

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#BigIdeas2022 Report is here!

To enlighten investors on the impact of breakthrough technologies we began publishing Big Ideas in 2017. This annual research report seeks to highlight our most provocative research conclusions for the year. Download! https://arkinv.st/3H7MnbA

.@elonmusk is the visionary in the autonomous mobility space. @TashaARK and @skorusARK have sized the opportunity which, in Elon’s words, will be “nutty good” based on safety, affordability, convenience, and the environment in this brave new world.

BIG IDEAS 2022:

1 AI
2 Digital Consumer
3 Digital Wallets
4 Public Blockchains
5 Bitcoin
6 Ethereum DeFi
7 Web3
8 Gene Editing
9 Multi-Omics
10 Electric Vehicles
11 Autonomous Ride-Hail
12 Autonomous Logistics
13 Printing and Robotics
14 Orbital Aerospace http://zd.net/3u6mi8X

.@ARKInvest would like to thank @chrislhayes for asking questions about disruptive innovation, including #bitcoin and #AI, during Big Ideas 2022 to enlighten inquiring minds!

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"The Biggest Emerging Trend In The Blockchain industry is one of Privacy" https://hackernoon.com/the-biggest-emerging-trend-in-the-blockchain-industry-is-one-of-privacy #mantanetworkprivacy #blockchain

"Famous 3D Artist Gal Yosef Announces Meta Eagle Club Collection Backed by Fine Art Eden Gallery" https://hackernoon.com/famous-3d-artist-gal-yosef-announces-meta-eagle-club-collection-backed-by-fine-art-eden-gallery #nft #blockchain

"Bybit Contributes $134 Million to BitDAO Treasury to Invest in Open Finance and Blockchain" https://hackernoon.com/bybit-contributes-$134-million-to-bitdao-treasury-to-invest-in-open-finance-and-blockchain #bybit #dao

"Gaming Giant Ubisoft Invests in RebelBots P2E Game During $2M Private Token Sale" https://hackernoon.com/gaming-giant-ubisoft-invests-in-rebelbots-p2e-game-during-$2m-private-token-sale #nftgaming #gamingmetaverse

"Hacking the Asphalt Economy, an Infographic" by @nowsourcing https://hackernoon.com/hacking-the-asphalt-economy-an-infographic #asphalt #recycling

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