Australian news

Australian news money talks

Yuga Labs, the creator of the Bored Ape Yacht Club, or BAYC, teased a new collaboration with blockchain game publisher A...
14/03/2022

Yuga Labs, the creator of the Bored Ape Yacht Club, or BAYC, teased a new collaboration with blockchain game publisher Animoca Brands on Twitter (NYSE:TWTR) on Thursday. The catch is that no details about the project have been revealed yet, and users who signed up for it via a Know Your Customer, or KYC, verification process have expressed their concerns on social media.

BAYC simply tweeted out a link to a website where interested fans can apply in the hope of being approved to participate in whatever "is brewing." To apply, users must connect to an Ethereum wallet, provide a photo of their license, passport or other ID as well as proof of their home address, and take a headshot on the camera of the device on which they sign up

Nonfungible token (NFT) projects have been hard hit by the price decline across the cryptocurrency ecosystem and the cur...
14/03/2022

Nonfungible token (NFT) projects have been hard hit by the price decline across the cryptocurrency ecosystem and the current bearish conditions have spared few tokens from a price collapse.

One project that is attempting to get back on solid footing is Immutable X (IMX), an NFT-focused layer-2 scaling solution for the Ethereum network designed to offer near-instant transactions and zero gas fees for minting and trading.

IMX/USDT 4-hour chart. Source: TradingView
OpenSea monthly volume on Ethereum. Source: Dune Analytics
VORTECS™ Score (green) vs. IMX price. Source: Cointelegraph Markets Pro

In bull and bear markets, the mantra for cryptocurrency projects that are focused on long-term sustainability is “always...
14/03/2022

In bull and bear markets, the mantra for cryptocurrency projects that are focused on long-term sustainability is “always be building.”

Kadena (KDA) is one project that has earned rewards from its forward-looking approach to development despite the weakness in the wider crypto market and the layer-1 proof-of-work (PoW) blockchain protocol has seen its price reverse direction recently.

Address

680 George Street
Sydney, NSW
NSW2000

Website

Alerts

Be the first to know and let us send you an email when Australian news posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Contact The Business

Send a message to Australian news:

Shortcuts

Share

Category