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Socios, the biggest player in the multi-billion-dollar crypto fan token market, has just aligned with one of the NFL’s biggest teams. Today, Socios announced a marketing deal with Kraft Sports + Entertainment, owners of the National Football League’s New England Patriots and Major League Soccer’s New England Revolution, to bring both clubs onto its platform. …
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Ethereum developers have fixed a loophole in a forthcoming upgrade that would have left the network vulnerable to fake large transactions. Scheduled for mid-July, EIP-1559 burns some ETH spent on processing transactions instead of giving it all to miners, as is currently the case. The proposal aims to reduce the volatility of Ethereum’s transaction fee. …
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Larva Labs, the two-man development team behind the wildly popular CryptoPunks NFT series, has announced a new set of NFTs called Meebits. Where CryptoPunks were pixelated 2D icons, Meebits are 3D avatars rendered in voxels (pixels with volume—hence, “voxels”). They’re algorithmically generated, and attached to NFTs on the Ethereum blockchain, which means the standard ethical …
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Ethereum 2.0—the forthcoming proof-of-stake blockchain that promises to be faster and cheaper than the current network—is getting ready to deploy. Developers at several Ethereum software labs, as part of the ETH Global Scaling Hackathon project called Rayonism, today launched what one researcher termed “a super experimental Eth1-Eth2 post-merge testnetwork.” About 30 min from now we’re …
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MetaMask, an Ethereum-based cryptocurrency wallet, has registered five million active users, according to its creator, blockchain software firm ConsenSys (which also funds an editorially independent Decrypt.) MetaMask is a browser extension and mobile app that allows people to interact with decentralized applications (dapps) on the Ethereum blockchain via a wallet where they can store the …
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Tether, the most widely traded crypto asset in the market (even more than Bitcoin), yesterday hit the $50 billion mark in terms of market cap. It’s an impressive milestone for the controversial stablecoin: just in February it stood at $30 billion. What’s more, there’s now more Tether (USDT) being used on Tron’s blockchain than on …
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A viral marketing campaign has sprung up in Warsaw, the capital of Poland. Plastered across metro stations is the message, “SOLVE THE PUZZLE, CLAIM THE REWARD.” The poster then points commuters to an Ethereum address that contains the reward, 7 ETH, as well as hash tags #0xPOLAND and #0xPOLANDHEIST. The Twitter account that appears to …
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