Yuga Labs Releases New Wrapper Contract for CryptoPunks
Yuga Labs, the developer of Boresome Ape, has released a new wrapper for the CryptoPunks collection to facilitate trades on markets. The recently released CryptoPunks721 wrapper uses Larva Labs’ PunksData smart contract for on-chain metadata and runs on a permissionless basis, according to an X thread by @0xQuit, the developer of smart contracts for Yuga […]
X to Launch Payment Services by Mid-2024
Elon Musk’s X (formerly Twitter) is anticipated to introduce in-app payment service functionality on its social media platform by the middle of 2024. Musk told Cathie Wood of ARK Invest in Space on December 21 that he anticipates the complete introduction of payment services by the “middle of next year,” contingent on the approval of […]
US PCE Inflation: Reasons For Bitcoin And Crypto Market Rise
Bitcoin and other cryptocurrency markets surged prior to inflation data and a predicted Santa Claus rally, as measured by US PCE inflation. Today, the Bureau of Economic Analysis of the United States will release November’s personal consumption expenditures (PCE) inflation data. The annual PCE inflation is anticipated to decrease to 2.8% from 3.0% last month, […]
Survey: Crypto Job Compensation Favors Equity
A mere 50% of the employees surveyed were granted equity, as opposed to the below 40% who were granted tokens, as indicated by the survey. Recent recruits in the cryptocurrency industry are more likely to receive equity than tokens, according to a survey by Variant and Union Square Ventures. The two cryptocurrency firms surveyed companies […]
BitMEX’s Arthur Hayes Predicts Ethereum to Reach $5000
Due to market dynamics, Arthur Hayes shocks the crypto community by abandoning Solana in favor of Ethereum and predicting a price of $5000. BitMEX co-founder Arthur Hayes, a notable character in the cryptocurrency space, recently caused commotion in the digital asset space with his remarks on Solana and Ethereum. In the interim, Hayes utilized the […]