Isha Mangalmurti remembers the ringing laughter in her ancestral home and being surrounded by a kaleidoscope of coloured chalks even before she could learn the many ways to braid her hair. “When I was three, my grandmother would give me a box full of chalk and draw with me on the shahabadi floors of our home,” […]
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Ethereum’s transition from Proof-of-Work (PoW) to Proof-of-Stake (PoS) is hitting the NFT industry hard. OpenSea, the world’s largest marketplace has announced that it won’t support any PoW-based NFTs. The upgrade ‘The Merge’ is all set to change the working of the blockchain, to make the Ethereum blockchain less energy intensive. It will take place on […]
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How has the NFT industry dealt with the fallout of the crypto market? What are some of the issues users had with OpenSea? How has the NFT industry dealt with the fallout of the crypto market? What are some of the issues users had with OpenSea? The story so far: The writing is on the […]
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In a fresh announcement, NFT marketplace OpenSea said that it is updating its stolen digital asset policy. This comes as non-fungible-token (NFT) scams remain one of the biggest challenges in the crypto space as cybercriminals look for new ways to empty users’ digital assets, which can be worth millions. What happens if you buy a […]
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As Ethereum takes its final step towards The Merge, it will change the cryptocurrency consensus mechanism from Proof-of-Work (PoW) to Proof-of-Stake (PoS). This improvement could also be the solution to fix non-fungible-token’s (NFT) energy issues. In simple, the Ethereum network is all set to be 99 per cent less energy-intensive, shifting the power from the […]
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Creating a non-fungible-token (NFT) and selling it on any marketplace comes with a significant cost (also known as gas fee) which can range starting $10 to even $1000 dollars depending on the blockchain and the platform you use. But, there are ways to avoid gas fee completely and mint (create) your NFTs for free. It […]
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Web3 might promote the idea of an inclusive internet, where age and gender do not come into play, but in reality what’s sold as one of the most democratised technologies that aims to dismantle the current centralized internet (Web2) is not all that inclusive. Like its predecessor, Web3 too lacks momentum when it comes to […]
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Bitcoin and Ether’s prices aren’t changing quickly, but the crypto and NFT sector certainly is Bitcoin and Ether’s prices aren’t changing quickly, but the crypto and NFT sector certainly is Seeking attention Crypto proponents have been struggling for years to take their emerging technology mainstream. Now, the crypto sector is the centre of attention, for […]
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The crypto business is facing turbulent times with crypto winter hitting and forcing them to shut down operations and put a freeze on hiring. Crypto markets are struggling to thrive after repeated ‘black-swan’ events such as the Luna Terra crash, higher interest rates by Feds coupled with regulatory uncertainty and investors pulling away from the […]
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The news comes shortly after other large cryptocurrency companies announced mass layoffs due to market conditions The news comes shortly after other large cryptocurrency companies announced mass layoffs due to market conditions NFT marketplace OpenSea has said it will cut 20% of its staff due to the “crypto winter” and “broad macroeconomic instability”. A tweet […]
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