Category: Decrypt
Miner fees have tanked from $170K to $11K in less than two weeks—but a new Yuga Labs project may rekindle things. Source: https://decrypt.co/122323/bitcoin-nft-mints-cross-200k-but-is-interest-in-ordinals-fading
Yat Siu described royalties as the gas that keep an economy of creators humming. Source: https://decrypt.co/122236/maximizing-profits-will-kill-web3-animoca-brands-chairman
American sculptor Tom Sach said he is much more focused on pushing the limits of his creative process than the associations of Web3 terms. Source: https://decrypt.co/122180/crypto-terms-are-lot-of-ways-poisoned-says-artist-tom-sachs
A federal judge’s ruling has offered a first glimpse at how the U.S. government might seek to regulate NFTs. And it may not be all bad, legal experts say. …
Sotheby’s will take bids on the rare copy of the novel that first coined the term “metaverse,” expecting to draw bids up to $60,000. Source: https://decrypt.co/122081/never-before-seen-snow-crash-manuscript-heads-to-auction
The move comes less than four months after the company cut 22% of its staff. Source: https://decrypt.co/122076/dapper-labs-ceo-confirms-new-round-of-layoffs
Fiat-backed stablecoins may get a pass, if their reserves are liquid and audited monthly. Source: https://decrypt.co/121981/canada-canadian-stablecoin-regulation
Polygonscan crashed for several hours Wednesday, leading many to falsely believe the Polygon network itself had gone offline. Source: https://decrypt.co/121970/polygon-block-explorer-polygonscan-outage
The hunt for Ruja Ignatova may have already ended at the bottom of the Ionian Sea. Source: https://decrypt.co/121879/bulgarian-investigators-claim-cryptoqueen-ruja-ignatova-was-killed-in-2018
The race to bring NFTs to more proof-of-work blockchains is on, as Ordinals inscriptions were introduced to Litecoin. Source: https://decrypt.co/121789/litecoin-ordinals-inscriptions-nfts-blockchain