Airdrops have become the bread and butter of the crypto world — for good reason. They're an indispensable marketing tool for up-and-coming projects that want to create a buzz around their ecosystems. Done right, distributing free tokens to the public can help elevate demand — and unlock big benefits for recipients. After all, if these altcoins end up being listed on major exchanges at a later date, their value could explode. Unfortunately though, downsides have started to emerge. These campaigns aren't just reaching enthusiasts who passionately believe in what a project has to offer, but "airdrop hunters" who are merely …

Aside from the buzzing neologism of Web3, there is a bit less catchy but hardly less important concept of Industry 4.0, which includes the new and revolutionary drivers of the next generation’s industrial landscape. And, especially when it comes to the energy sector, blockchain lies at the heart of these technologies. The authors of a recently published EUBlockchain Observatory report “Blockchain Applications in the Energy Sector” are convinced that distributed ledger technology (DLT) could become a key enabler technology and has a very high potential to influence or even disrupt the energy sector. This comes as a no surprise, given …

The Cointelegraph Research Terminal, the leading provider of premium databases and institutional-grade research on blockchain and digital assets, has added a new report to its expanding library from the industry leader in tokenization. The report, from Security Token Market and sister company Security Token Advisors, covers the rapidly emerging asset-backed real estate tokenization industry. It has information on the developing shifts in the industry and is a must for any firm or business with a portfolio that encompasses real estate. The tokenized real estate industry is growing rapidly amid the current market frenzy. With investors looking for a more secure …

What is a play-to-earn crypto game? Distributed technologies including blockchain and nonfungible tokens (NFTs) enable game developers and gamers a more interactive, immersive and incentivized experience than ever before through the new game model advertised by tech enthusiasts and named the play-to-earn (P2E) crypto games model. P2E games, also known as blockchain-based or cryptocurrency games, gain significant attention from the gaming community and developers as they provide an opportunity to own data for in-game assets, fuel in-game economic systems and provide many other perks to facilitate the metaverse ecosystems. Related: My Neighbor Alice: A beginner’s guide to the play-to-earn crypto …

A video released by investigative YouTuber Philip Rusnack, known as Philion, has revived the debate over whether Yuga Labs’ flagship Bored Ape Yacht Club (BAYC) nonfungible token (NFT) collection employs racist imagery and white supremacist esotericism. In the hour-long video released Monday on YouTube, Rusnack laid out his case, claiming that BAYC is “one massive alt-right inside joke” using language, symbols and memes from the anonymous image board website 4chan. He alleged the NFT images featured racist caricatures of Black and Asian people and drew comparisons between the symbology and language used by Yuga Labs and the BAYC with that …

Noah Davis, the nonfungible token (NFT) specialist at auction house Christie’s, has said he’s leaving the position in July to take up a post as brand lead for the CryptoPunks NFT collection with Yuga Labs. Announcing the move on Sunday in a Twitter thread, Davis looked to quash any anxieties holders had regarding the future of one of the oldest NFT projects, saying he “will not f*ck with the punks.” What does that mean? It means no Punks on lunchboxes or cringe TV shows/shitty movies. It means no arbitrary rushed utility or thoughtless airdrops. It means if you love your …

Just two months after losing $15.6 million in a price oracle manipulation exploit, Inverse Finance has again been hit with a flash loan exploit that saw the attackers make off with $1.26 million in Tether (USDT) and Wrapped Bitcoin (wBTC). Inverse Finance is an Ethereum-based decentralized finance (DeFi) protocol and a flash loan is a type of crypto loan that is usually borrowed and returned within a single transaction. Oracles report outside pricing information. The latest exploit worked by using a flash loan to manipulate the price oracle for a liquidity provider (LP) token used by the protocol’s money market …

Watchmaker TAG Heuer has partnered with the well-known nonfungible token (NFT) community surrounding Bored Ape Yacht Club and CLONE-X to create a smartwatch that displays NFTs and connects to crypto wallets such as MetaMask and Ledger Live. The company says that the functionality of the TAG Heuer Connected Calibre E4 will be straightforward, with NFTs being transferred to it via a paired smartphone. The device is set to support static and animated NFT artwork, and multiple NFTs can be transferred to the watch at a time. TAG Heuer stated that NFT artwork can be resized and placed within three available …

A bill that had been introduced a week ago to the State Duma, the lower chamber of Russian Parliament, made a swift passing through first reading. Should it become a law, it would prohibit using “digital financial actives” (DFA) to pay for goods or services. As reported by local media on Tuesday, the bill, sponsored by the head of the Financial Markets Committee of the State Duma Anatoly Aksakov, passed with a reservation. Albeit the document suggests an obligation for DFA exchange managers to withhold any deals implicating the usage of tokens as a monetary surrogate, the prohibition could be …

Not only is the number of nonfungible token (NFT) collections growing at a phenomenal rate, but so are the NFT marketplaces. Previously, NFT marketplaces were mainly decentralized applications (dApps) on various blockchains, but nowadays, crypto exchanges are also seeing the benefits of having their own NFT marketplace. This includes Coinbase, the exchange with the most users worldwide, which, of course, cannot lag behind the competition. Related: What are DApps? Everything there is to know about decentralized applications The American crypto exchange was founded in 2012 and was initially mainly involved in the buying and selling process of cryptocurrencies. Over the …

When people began communicating with one another over a wired communication system, the internet, not long ago, it ushered in a revolution in the rate of user acceptance of the technology involved. Users could converse more readily anywhere and anytime when wired technology gave way to mobile technology. For example, smartphones are now bringing a flood of other services to the Metaverse. The Metaverse is a three-dimensional virtual place that works as a metaphor for the real-world . The term “metaverse” is derived from "meta" (beyond) and "universe." In this article, we will discuss the MetaPay project and how to …

An NFT project says it is "truly redefining" what it means to collect digital art — with added benefits that other collections in the space don't offer. Meta Ape Militia says its crypto collectibles deliver much more than an epic profile picture. For starters, the ecosystem is being underpinned by a Bitcoin mining operation that M*A*M holders can benefit from. Proud owners of these NFTs can also gain access to exclusive experiences in the metaverse — including luxury retreats loaded with fun games and parties that'll take place in Destoria. And whereas major NFT collections only consist of male characters, …