Magic Eden follows OpenSea with NFT royalty enforcement tool
Magic Eden, a Solana-based nonfungible token marketplace, has released a tool allowing creators to enforce royalties on their collections. It comes after competitor NFT marketplace OpenSea revealed a comparable feature at the beginning of November. The Open Creator Protocol is the name of the open-source tool for enforcing royalties, which is built on top of […]
Solana-Based DEX Orca Partners With Stripe For Fiat Transactions
The Solona-based DEX Orca opened up fiat purchases and fiat-to-crypto transactions through a new integration with Stripe’s onramp. One of the top automated market makers (AMM) in the Solana ecosystem, Orca, recently announced a new integration as the ecosystem recovers from the aftershocks of the FTX liquidity earthquake. The AMM unveiled a new Stripe integration […]
Serum Exchange Declared Defunct
Serum exchange has been rendered ‘defunct’ following the collapse of the crypto trading platform, Alameda and crypto exchange FTX The Solana-based decentralized exchange (DEX) has informed its community that its program is now “defunct” due to the failure of its backers, FTX and Alameda.Despite ongoing difficulties, the project’s team expressed that “there is hope” due […]
10 best Ethereum crypto Alternatives in 2022
Scalability, transaction costs, and other issues are some of the reasons some cryptocurrencies have developed as alternatives to Ethereum, the second-largest cryptocurrency. Ethereum is a decentralized, open-source blockchain-based software with smart contract features. Ether (ETH), the second-largest cryptocurrency in the world, is primarily supported by Ethereum blockchain . The Ethereum blockchain struggles with scalability, high […]
FTX On The Verge Of Potential Hack Due To Outflows
The people in charge of FTX seemed to confirm rumors that Telegram had been hacked by telling users to delete FTX apps and stay away from its website. Late Friday night, more than $600 million in crypto left the wallets of the bankrupt crypto company. There isn’t a clear reason why.Soon after, FTX announced on […]