Author: Matthew English

First Bitcoin Futures ETF Approved – Becomes Fastest Fund Ever To Reach $1 Billion

The first Bitcoin Futures ETF to be approved by the U.S. Securities and Exchange Commission began trading on Tuesday. It has become the fastest fund ever to reach $1 billion in assets under management (AUM). The previous record-holder was a gold-based ETF with the ticker GLD, which took 3 days to hit $1…

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COTI To Issue Djed, Cardano’s First Stablecoin

Among the many announcements to come out of the Cardano Summit 2021 was more information on the first stablecoin coming to the Cardano blockchain. It will be named ‘Djed’, after the pillar-like structure in Ancient Egyptian hieroglyphs that represented stability. Djed will be issued by COTI, a decentralised payment platform that already acts…

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Solana Network Back Online After 18 Hours

The Solana Mainnet Beta experienced a denial of service due a large spike in transactions. Engineers across the ecosystem attempted to stabilise the network but were unsuccessful. The validator community decided to coordinate a complete restart of the network. The network is back online again after 80% of the validators restarted and upgraded…

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What Are NFTs?

A Non-Fungible Token (NFT) is a piece of data that is stored on a blockchain that certifies a digital asset to be unique. An NFT can represent pictures, videos, GIFs, audio and other types of digital files. Since they are stored on the blockchain they can be used to verify ownership and authenticity….

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Aurory: Solana’s NFT-based gaming platform

NFTs and Gaming The adoption of Non-Fungible Tokens (NFTs) has rapidly accelerated in recent months. However, the adoption appears to be mostly limited to artwork collections such as CryptoPunks and Bored Ape Yacht Club. The most expensive NFT is currently Beeples ‘Everydays’ which sold for $69 million at auction. The artwork is a…

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