Steve Irwin’s zoo conservation NFTs, SportemonGo is gone, and more

The Crocodile Minter Australia Zoo, the famous animal sanctuary owned by Terri Irwin, the widow of Steve Irwin or the crocodile hunter, has launched an NFT project called “Wildlife Warriors.” Wildlife Warriors is also the name of a non-profit organization founded by the Irwins in 2002 which focuses on the protection of injured, threatened or endangered wildlife. All profits from the NFT sales will be donated to the Australia Zoo and Wild Warriors conservation efforts. The NFT collection is a part of the 20th-anniversary celebration of the Australia Zoo, and…

Coinbase NFT Marketplace is Open to All

Coinbase’s non-fungible token (NFT) marketplace is finally open to all users. The NFT marketplace is still in beta and its focus is on creating a social platform for community members of buyers and sellers who can test it and build a larger community. Coinbase had initially launched the NFT platform in April for a select number of invitees. According to Yahoo Finance, this launch has come earlier than expected. A spokesperson from Coinbase said that the product is ready for heavier traffic volumes. In a statement, Coinbase said that the…

Ethereum Regains Strength But $3K Is Still A Major Hurdle

Ethereum started a decent increase above the $2,920 resistance against the US Dollar. ETH must clear $2,980 and $3,000 to continue higher in the near term. Ethereum started a steady recovery wave above the $2,900 resistance. The price is now trading above $2,900 and the 100 hourly simple moving average. There is a major bullish trend line forming with support near $2,900 on the hourly chart of ETH/USD (data feed via Kraken). The pair must clear the $2,980 and $3,000 resistance levels to continue higher. Ethereum Price Starts Recovery Ethereum…

Socios signs up Major League Soccer — but it’s not a token effort yet

Fan token platform Socios has partnered with 26 Major League Soccer (MLS) teams to offer fan engagement experiences and rewards, but so far no fan tokens have been announced. The biggest pro soccer league in the U.S. made a joint announcement with Socios on Wednesday detailing that the partnership will help fans gain access to “exclusive rewards, polls, and opportunities” for the 26 partnered MLS clubs. Welcome to https://t.co/2FROhSNgw8, @MLS. pic.twitter.com/340He1OzQA — Socios.com (@socios) May 4, 2022 Although the announcement did not mention any specific fan engagement events, it stated…

Bitcoin Price Breakout Suggests A Short-term Trend Change

Bitcoin gained pace above the $39,000 resistance against the US Dollar. BTC even tested $40,000 and might continue to rise in the near term. Bitcoin started a decent increase above the $38,800 and $39,000 resistance levels. The price is now trading above $39,000 and the 100 hourly simple moving average. There was a break above a major bearish trend line with resistance near $38,475 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might attempt more upsides above the $40,000 and $40,300 levels. Bitcoin Price…

Kazakhstan ramps up power consumption reporting requirements for crypto miners

The government of Kazakhstan has laid out new reporting requirements for cryptocurrency mining operators with a keen eye on how the industry’s energy usage affects the local power grid. The order published by the country’s Minister of Digital Development earlier this week compels digital mining businesses to provide comprehensive information 30 days before starting operations. The electricity consumption and “technical specifications” for connection to the power grid must be provided before commencing operations. The amount and type of mining equipment used, the customs cargo declarations for that equipment and any…

Events in China, India Have Also Weighed on Crypto Prices

“In one remarkable stretch, Taiwan went 200 days without a COVID-19 case, and without China-style lockdowns. The secret sauce? Thanks to privacy-protecting encryption, citizens were happy to scan QR codes and “check in” at every restaurant, store, bar or cafe. They did this without revealing their personal data. It worked so well that Taiwan reduced the contract tracing cycle to an astonishing 24 minutes.” (CoinDesk contributor Jeff Wilser) … “Yuga Labs, for the uninitiated, is the company behind the Bored Ape Yacht Club, which remains the crypto ecosystem’s single most…

Marathon Digital May Start to Sell Some of Its Bitcoins

The miner said on Wednesday, during its earnings results, that its cash on hand was $118.5 million as of March 31, while total liquidity, defined as cash on hand plus available revolving credit facilities, was $218.5 million. The miner plans to reach 23.3 exahashes per second (EH/s) in mining power by early 2023. At the close of Wednesday trading, Marathon’s stock fell about 1% to $17.76 per share. Author: Aoyon Ashraf Source link

Louis Vuitton and Johnnie Walker dabble in Web3

This week’s Nifty News sees the arrival of Louis Vuitton to the nonfungible token (NFT) gaming scene, Johnnie Walker’s entry into Web3 and Elon Musk’s apparent embrace of Bored Ape Yacht Club. Louis Vuitton makes its mark in the NFT gaming scene To commemorate Louis Vuitton’s bicentennial birthday in late 2021, the French luxury brand launched a NFT game called “Louis: The Game.” At the time of publication, the game has been dowloaded more than 2 million times on both Android and iOS devices. “Louis: The Game” follows its protagonist, Vivienne,…