CryptoMediaClub
Monday, July 28, 2025
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
CryptoMediaClub
No Result
View All Result
Home Ethereum

NFT gas usage drops, Ordinals nonprofit launches: Nifty Newsletter

09.08.2023
A A
0
128
VIEWS
ShareShare

In this week’s newsletter, read about how the team behind Bitcoin Ordinals plans to drive the development of nonfungible tokens (NFTs) on Bitcoin and find out why metaverse platform The Sandbox requires Know Your Customer (KYC) checks for staking. In other news, learn why NFT gas usage is on a downward trend, and don’t forget this week’s Nifty News, featuring an NFT trader tricking a bot and bagging $1.5 million in profit.

Bitcoin Ordinals team launches nonprofit to grow protocol development

The team behind Bitcoin Ordinals has launched a nonprofit aiming to boost the development of NFTs on Bitcoin. Dubbed the Open Ordinals Institute, the nonprofit will provide funding for Ordinals developers.

The Bitcoin Ordinals protocol was launched in January, and it rapidly became one of the most popular trends in crypto. Users rushed to inscribe their assets like NFTs and Bitcoin-based crypto on the Bitcoin blockchain.

Continue reading

NFT gas usage shows downward trend, signals shift in landscape

NFT gas usage continues on a downward trend. On Aug. 3, gas consumption of NFT marketplaces like Blur, OpenSea, SuperRare, LooksRare and Rarible only accounted for 1.85% of the total consumption on the entire Ethereum network.

Moreover, NFT-related projects that were once top gas users on the Etherscan charts are now not listed. This indicates a potential shift in NFT use, where users may be holding their NFTs instead of actively trading.

Continue reading

The Sandbox implements KYC measures for protocol staking

Metaverse project The Sandbox will implement a KYC verification protocol for staking. According to an announcement, only KYC-verified uscane to deposit The Sandbox (SAND) tokens and claim staking rewards.

On-chain analytics firm Messari’s data shows that 6.7% of SAND’s circulating supply — about 123 million tokens — is currently staked by users. According to the metaverse platform, the move aims to enhance user security and compliance.

Continue reading

Nifty News: Trader nabs 800 ETH by baiting a bot, NFT thefts slow and more

NFT trader Hanwe Chang tricked a bot into copying his trades, resulting in a profit of 800 Ether (ETH), worth around $1.5 million. The NFT trader noticed that the bot was copying his bids. Because of this, the trader tricked the bot into buying his inflated NFTs.

Continue reading

CHECK OUT COINTELEGRAPH’S NFT STEEZ PODCAST

Share10Tweet6ShareSharePin2

Related Posts

ProShares announces launch of short Ether-linked ETF
Ethereum

ProShares announces launch of short Ether-linked ETF

02.11.2023
0

ProShares, a major issuer of exchange-traded funds (ETF), announced the launch of the short Ether-linked ETF on Nov. 2.ProShares’s new...

Read moreDetails
Slumdog billionaire 2: ‘Top 10… brings no satisfaction’ says Polygon’s Sandeep Nailwal

Slumdog billionaire 2: ‘Top 10… brings no satisfaction’ says Polygon’s Sandeep Nailwal

02.11.2023
Top Swiss bank launches Bitcoin and Ether trading with SEBA

Top Swiss bank launches Bitcoin and Ether trading with SEBA

02.11.2023
Elon Musk slams NFTs but ends up arguing the case for Bitcoin Ordinals

Elon Musk slams NFTs but ends up arguing the case for Bitcoin Ordinals

02.11.2023
3 reasons why Ethereum price is down against Bitcoin

3 reasons why Ethereum price is down against Bitcoin

02.11.2023
Load More
Next Post
Price analysis 8/9: BTC, ETH, BNB, XRP, DOGE, ADA, SOL, MATIC, LTC, DOT

Price analysis 8/9: BTC, ETH, BNB, XRP, DOGE, ADA, SOL, MATIC, LTC, DOT

0 0 votes
Рейтинг статьи
Subscribe
Notify of
guest
guest
0 комментариев
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

Recommended

Ethereum Charges Past Key Levels, Eyes $1,750 Resistance Amidst Bullish Momentum

Ethereum Charges Past Key Levels, Eyes $1,750 Resistance Amidst Bullish Momentum

2 years ago
Unveiling the Stunning $1.4B ETH Hack: 77% of Cryptocurrency Funds Traceable, Bybit CEO Exposes

Unveiling the Stunning $1.4B ETH Hack: 77% of Cryptocurrency Funds Traceable, Bybit CEO Exposes

5 months ago
Peanut the Squirrel Hits $2B Market Cap, GOAT Hits $1B – Is New Animal Meme Coin Flockerz Next?

Peanut the Squirrel Hits $2B Market Cap, GOAT Hits $1B – Is New Animal Meme Coin Flockerz Next?

8 months ago
Japanese Finance Minster: Tokyo Will Evaluate Crypto Tax System ‘by June’

Japanese Finance Minster: Tokyo Will Evaluate Crypto Tax System ‘by June’

6 months ago

Categories

  • All news
  • Altcoins
  • Analysis
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
No Result
View All Result

Highlights

Over 99% of Banking Transactions in Australia Conducted Online

One-Click Cloud Mining: PAXMINING Opens Doors for XRP & Digital Asset Users

Senate Democrats Question Housing Agency Over Crypto in Mortgage Plans

ASIC Warns Australians Against Bitget’s “Unlicensed” Crypto Futures Offerings

Crypto Lender Divine Uses Iris-Scanning World ID to Disburse 30,000 Unsecured Loans

Metaplanet Buys 780 More Bitcoin, Total Now Over 17,000 BTC

Trending

Bitcoin Price Prediction: Global Firms Pour $86B Into BTC – Could This Trigger a New “Institutional Supercycle”?
All news

Bitcoin Price Prediction: Global Firms Pour $86B Into BTC – Could This Trigger a New “Institutional Supercycle”?

28.07.2025
0

The Bitcoin price looks primed for another surge toward fresh all-time highs as institutional investors have poured...

Vietnam Launches National Blockchain Platform for Data Verification

Vietnam Launches National Blockchain Platform for Data Verification

28.07.2025
Meme Coin Supercycle? DOGE Price Up 50%, BONK 150%, FLOKI 80%

Meme Coin Supercycle? DOGE Price Up 50%, BONK 150%, FLOKI 80%

28.07.2025

Over 99% of Banking Transactions in Australia Conducted Online

28.07.2025
One-Click Cloud Mining: PAXMINING Opens Doors for XRP & Digital Asset Users

One-Click Cloud Mining: PAXMINING Opens Doors for XRP & Digital Asset Users

28.07.2025
  • All news
  • Altcoins
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
  • Analysis
Editor: cryptomediaclub.com@gmail.com
Advertising: digestmediaholding@gmail.com

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

wpDiscuz