x
Image Source: Pixabay
eBay Announces Acquisition NFT Marketplace KnownOrigin
eBay Inc. (Nasdaq: EBAY) continues to deepen its footprint in digital collectibles. The e-commerce giant announced on Wednesday that it has acquired the U.K-based non-fungible token (NFT) marketplace KnownOrigin. The terms of the acquisition were undisclosed.
The latest acquisition is important for eBay's tech-led reimagination as part of the company’s effort to develop a top destination platform for digital artwork collectables as well as sales.
Jamie Iannone, CEO of eBay, talked about the development: "we will remain a leading site as our community is increasingly adding digital collectables. KnownOrigin has built up an impressive, passionate, and loyal group of artists and collectors making them a perfect addition to our community of sellers and buyers."
Since established in 2018 in Manchester, UK, KnownOrigin has remained a marketplace that allows collectors and artists to create, purchase, and resell NFTs via blockchain-support transactions. Since its establishment, KnownOrigin has witnessed huge growth and trade volumes as it has revolutionized the way users create, buy, and sell NFTs.
eBay's tech-led reimagination has resulted in massive upgrades to the firm's technology, performance, and customer experience, including tools making it easier to discover, buy and sell anything.
As a part of such reinvention, last month, eBay started allowing the buying and selling of NFTs with the launch of its first collection of NFTs in partnership with web3 platform OneOf. The firm said the surge in the collectibles market led to its first-ever collaboration in the NFT landscape. Read More
University of Cincinnati turning crypto craze into educational curriculum
The programs, which are funded by a longtime supporter of the university, will teach students about Bitcoin and other digital assets.
Cryptocurrencies are attracting a lot of attention from academic institutions as they become increasingly accepted as an alternative to conventional assets. The University of Cincinnati (UC) in Ohio, United States, has even established courses around cryptocurrency as part of its curriculum.
In fact, UC is working on two new programs that will educate students about cryptocurrencies like Bitcoin (BTC) and emerging financial technologies, according to a Wednesday UC News story.
The reports state that the projects are being funded by Dan Kautz and Woody (Woody) Uible, who will provide them through the UC's Carl H. Lindner College of Business. The funding also covered the creation of public-private lab space in the new Digital Future headquarters, which is expected to open later in 2022. Read More
Solana smartphone Saga triggers mixed reactions from crypto community
From comparing the project to Apple and Ethereum to bringing up network outages, the community reacted to the new Web3 phone by Solana.
The Solana team has brought mobile phones to Web3 after revealing Saga, Solana’s Android mobile device that will go out with the project’s latest stack for Web3 developers, the Solana Mobile Stack. The community welcomed the new development with various reactions from comparing the project to Apple and Ethereum to bringing up concerns over Solana’s network outages.
Vinny Lingham praised the move and called it Web3’s very own “iPhone moment” and thanked Solana co-founder Anatoly Yakovenko for making it possible. Meanwhile, David Ticzon was also impressed, calling Solana the “Apple of Web3” in a tweet.
Some community members also took this opportunity to compare Solana’s progress to the Ethereum network. Twitter user Thesolmane pointed out that while Solana launched a Web3 phone, Ethereum stays “without innovation in years.” Read More
Chatsight Pivots Its Content Moderation A.I. to Battling Discord Scammers
Scams and phishing attacks continue to plague Web3 developers, costing the industry over $1 billion.
While the crypto industry is focused on building the decentralized Web3 future, centralized Web2 platforms like Discord, Twitter, and Telegram are where the community lives today. As DAOs and NFT collectives continue to use these platforms, fraudsters are flooding in to scam and steal. The Federal Trade Commission recently reported that over $1 billion in crypto had been lost to scams since 2021.
To help combat these attacks, a new San Francisco-based startup called Chatsight is making safety in Discord servers its main business, joining a growing list of services aimed at protecting Discord communities.
Founded in 2021 by Marcus Naughton, Chatsight calls itself a "safety as a service company" designed to provide an added layer of security to social media platforms like Discord and Telegram. These platforms have become central to Web3 projects looking to organize and build communities around their projects.
"We're providing agnostic technology," Naughton tells Decrypt. "We build the anti-scam A.I. (artificial intelligence) tech and bridge it out to platforms like Discord, Telegram, and others as they come along with the eventual goal of providing safety tools for on-chain networks." Read More
Markethive Leading The Way In Web 3 Social & Market Media
Web 3.0 is the next generation of the internet which people envision will be more decentralized and permissionless. One that's built on decentralized protocols, where users help with content creation and the governance of the web itself. They also have the ability to own a part of the network, so you can think of it as a Read-Write-Own Internet.
There are already several technologies that could serve as the backbone for a Web 3 world. Most point to blockchains like Elrond, Cardano, or Ethereum, for example, but other distributed technologies like IPFS can also be used to decentralize networks.
Thousands of dApps (decentralized applications) are already being built in the Web 3 environment. These often include native tokens to add value to the application to those who hold the tokens. These native crypto assets allow those who participate in the network to share in the value generated from it.
Web 3 promises a decentralized alternative where we are all users, owners, and developers. This quote from Fabric Ventures sums it up beautifully,
“Web 3.0 enables a future where distributed users and machines are able to interact with data, value, and other counterparties via a substrate of peer-to-peer networks without the need for third parties—the result: a composable human-centric & privacy-preserving computing fabric for the next wave of the web.” Read More
Coinbase Launching 'Nano' Bitcoin Futures via Derivatives Exchange
Formerly called FairX, Coinbase Derivatives Exchange will offer futures priced at 1/100th of a Bitcoin through third-party brokers beginning Monday.
Retail investors will be able to trade crypto futures through Coinbase starting Monday, as the largest exchange in the U.S. by volume will offer them on its new Derivatives Exchange platform.
The move comes after Coinbase acquired FairX in January as part of its goal of offering crypto futures and options trading to its customers. FairX had been selling futures products and was already registered with the federal Commodity Futures Trading Commission (CFTC), giving Coinbase a running start in the $3 trillion crypto derivatives market.
Now Coinbase has rebranded FairX as the Coinbase Derivatives Exchange, and its "nano Bitcoin futures"—1/100th of a Bitcoin, marketed under the ticker BIT—is its first listed crypto derivatives product. "This is one step to creating a robust and regulated crypto derivatives market," a Coinbase spokesperson told Decrypt. Read More
Namibian University Set to Offer Master's Degree in Blockchain Technology in 2024
A Namibian university is set to offer a master’s degree in blockchain technology starting in the year 2024, a senior employee with the institution has said. The university is already “infusing” blockchain technology-based content into its level 8 programs.
‘Blockchain Is the Future’
A Namibian higher learning institution, the University of Namibia (UNAM), is set to offer a blockchain technology-related course starting in 2024, the university’s head of the IT department, Samuel Nuugulu, has said.
Nuugulu, the chairperson of UNAM’s steering committee on the MSc on blockchain technology, told Bitcoin.com News that by introducing the degree program the university hopes to “lay the foundation for possible incubation of tech-startup out of the skills this program would create in the country.”
Asked why UNAM has chosen to introduce the level 9 master’s degree program, Nuugulu said:
Blockchain is the future and we thought it was necessary to use this degree as a forerunner in developing these much-needed skills in the country and continent at large. Read More
A Helpful Introduction To DeFi
DeFi is short for decentralized finance. It uses blockchain and cryptocurrency technology to manage financial transactions. It aims to democratize finance by replacing centralized, legacy institutions with peer-to-peer relationships. DeFi hopes to provide a full spectrum of financial services, from loans and mortgages to everyday banking.
This article will include three cryptocurrencies that use DeFi. These are RoboApe (RBA), Cardano (ADA), and Curve DAO Token (CRV). Cardano (ADA) and Curve DAO Token (CRV) are established cryptos while RoboApe (RBA) is currently in presale. Read More
Solana Labs Launches Mobile Platform, Reveals Android Smartphone
The Solana Mobile Stack will enable more mobile Web3 apps, plus Solana Labs will launch its own smartphone in early 2023.
Solana Labs’ next big bet for Web3? Mobile apps—and a smartphone to match.
Today in New York City, Solana Labs—which represents the founders and core contributors of the Solana blockchain network—announced the launch of the Solana Mobile Stack software ecosystem for Android, along with an upcoming Android smartphone called Saga.
Solana Mobile Stack (SMS) is an open-source software kit designed to enable the development of native Android apps built around the Solana blockchain. The kit includes the Mobile Wallet Adapter, a protocol for plugging in mobile Solana wallets. According to the firm, this feature will work on all mobile devices—not just Android ones.
Another new feature called Seed Vault is a software custody solution that keeps private keys and seed phrases (essentially the passwords that unlock crypto funds) and other sensitive information secure on an Android device. Lastly, SMS includes Solana Pay for Android, which enables mobile payments via the platform. Read More
Disclaimer: These articles are provided for informational purposes only. They are not offered or intended to be used as legal, tax, investment, financial, or any other advice.
