Author: hotcrypto
As the NFT industry becomes more formalized, with major artists, studios and brands involved, the space has been grappling with how best to protect intellectual property.For example, Bored Ape Yacht Club retains a strict IP usage and has taken people to court while CryptoKitties uses the NFT License. Until recently, it seemed that NFT projects would try to follow IP precedent from Web2.0, but a different approach has started getting more adoption.What is CC0Why new collections are using itHow different licenses might affect performanceExamples of derivative products under CC0What is the CC0 License?Copyright issues are a constant source of attrition…
Bitcoin price today fell below the $20,000 level for the seventh straight session, making it the longest stretch of days that it has dipped under that closely-watch level. The world’s largest and most popular cryptocurrency was trading marginally lower at $19,932. The global crypto market cap today was back above the $1 trillion mark, even as it was flat in the last 24 hours at $1.03 trillion, as per CoinGecko. On the other hand, Ether, the coin linked to the ethereum blockchain and the second largest cryptocurrency, also slipped slightly to $1,567. Ethereum is transitioning to proof-of-stake for its consensus…
The metaverse is a revolutionary innovation captivating the interests of the gaming industry and cryptocurrency. Since its inception in 2021, the global metaverse market is worth close to $50 billion. Analysts believe that by the end of the decade 2030, it could reach some $600 billion mark. The gaming industry is not left behind in recent innovations as more developers push their games to more audiences via mobile gaming and streaming. These devices allow users and players to enjoy mobile gaming on the go. Another exciting innovation is Play-to-Earn games, where users engage in several activities and get rewarded via…
What happened The crypto market sprang to life on Friday and values were quickly rising across the board. At noon ET, Ethereum (ETH -2.86%) was up 6.5% in the last 24 hours, Chainlink (LINK -1.10%) was up 9.5%, Polkadot (DOT -0.68%) had risen 8.2%, and Celsius (CEL -5.42%) had popped a whopping 31.7%. One big news item affecting markets today is the August jobs report, which showed an increase of 315,000 jobs on the nonfarm payroll during the month. That figure is the last major economic indicator before the Federal Reserve’s September meeting and investors think it likely means a 75-basis-point increase…
This week’s guest on the Cardano NFT Column is a project that is building a Play To Earn ecosystem that takes inspiration from the famous Pokémon, Yu-Gi-Oh! and Digimon: Yummi Universe. Last week’s guest was a pixel art project that is among the first 10k NFT collections. This initiative is a point of reference for NFTs on Cardano and every week or two we will invite someone to answer some questions and give us an update directly from within the Cardano community. Considering that many of our readers are new to the crypto space, we will have a mix of…
Various users look to transfer crypto from Coinbase to PayPal and vice-versa as these are two of the largest financial institutions offering cryptocurrency buying and selling options to a wide audience. Whether you’re looking to consolidate your holdings on one platform or to boost your HODLing setup, transferring between both platforms can be extremely useful. In July 2022, PayPal finally released a long-awaited feature: allowing users to send crypto to external wallets. This feature wasn’t allowed a few months ago, however. When PayPal decided to add support for cryptocurrencies in 2020, you could only buy and sell crypto within PayPal…
If you’re trying to become the next millionaire in the crypto space, you might have to re-think your strategy somewhat. Millionaire gains are often what bring new people into the space, they see stories about people who invested in the likes of SHIB at just the right time and want some of that action for themselves. Despite current market downturns, these sorts of stories aren’t impossible, they’re just a bit more difficult. And they also need a bit more patience. The opportunity to pick a token and watch it moon within the next month was never easy, but it’s even…
The Ethereum merge is by far the most important update that will turn ethereum from POW to POS. Ethereum has taken a hit for the better of 2022. From highs of $4800 in November 2021, Ethereum’s price has dropped to as low as $985 in June 2022. Under these circumstances and the stock and crypto market still heavily bearish, it is possible to wonder, is Ethereum a good investment? This guide comprehensively analyses Ethereum’s price and where it could go next. By the end of this guide, you should know whether Ethereum is a good cryptocurrency to buy today. You…
As cryptocurrencies see a return to growth and cannabis legalization continues worldwide, investors are seeking exposure to both markets. Of course, this could be achieved in numerous ways, such as individual ETFs, buying blockchain tokens, or backing respective companies. But there is an alternative. BudBlockz is an ecosystem that is being developed on the Ethereum blockchain for cannabis enthusiasts and related businesses. It offers the opportunity to invest in these growing sectors simultaneously. If you already own crypto you can exchange your Bitcoins, Ethereums, BNB, Tether (USDT), Dogecoin, Shiba Inu and many more into BudBlockz tokens. The BudBlockz platform is…
Anti-government hackers have attempted to sell what they say is an NFT of Belarus President Alexander Lukashenko’s passport. The members of the ‘Belarusian Cyber Partisans’ collective claim to have obtained the passport data of all of the country’s citizens. Cyber Guerrillas From Belarus Try to List NFT Passport Collection on Opensea A hacking group known as ‘Belarusian Cyber Partisans’ have bragged about gaining access to a government database storing the passport details of every citizen of Belarus, including high-ranking officials like the country’s long-term head of state, Alexander Lukashenko. The hackers have released a collection of non-fungible tokens (NFTs) called…