CryptoNews

Elon Musk Criticizes NFTs, Gives Nod to Inscriptions: 'At Least Encode the Jpeg on the Blockchain'

December 29, 2023
Elon Musk, the chairman of X, has referred to non-fungible tokens (NFTs) and the defects of their implementation, indirectly making the case for inscriptions. Answering a post on X on the topic of NFTs, Musk suggested saving the jpeg (an image format) of the NFT on the blockchain, like inscriptions are currently saved on Bitcoin. Elon Musk Indirectly Nods at Ordinal Inscriptions Elon Musk has…
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CryptoNews

Bit.Store Makes a Leap in Crypto Accessibility with its Launch on Binance Mini Program

December 28, 2023
PRESS RELEASE. Vilnius, December 27th 2023 – Bit.Store, a web3 crypto card issuing infrastructure, is thrilled to announce its latest venture – the launch of Bit.Store on the Binance Mini Program. This strategic move marks a significant milestone in Bit.Store’s mission to simplify cryptocurrency usage for the masses. A Seamless Integration for Enhanced User Experience The integration of…
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CryptoNews

Solana's Dex Platforms Eclipse Ethereum in Weekly Trade Volumes

December 28, 2023
Recent statistics reveal that in the last week, decentralized exchange (dex) platforms built on Solana have surpassed Ethereum in market performance. Data indicates that Solana-based dex platforms achieved a volume of $1.447 billion in the past day, overshadowing the $1.282…
CryptoNews

Google Says It Has Updated Policy Relating Crypto Coin Trusts Adverts – News Bitcoin News

December 22, 2023
Starting on Jan. 29, advertisers of cryptocurrency coin trusts targeting the U.S. market will have to meet certain requirements before promoting these on Google. According to the internet giant, violation of this new policy will not result in the immediate suspension of advertisers’ respective accounts, the multinational technology company said. Advertisers Must Be Certified by Google Google…
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Elon Musk's Ripple Effect: Cogwise Predicts a $95 Million Revenue Loss for X and Its Impact on the Stock Price

December 11, 2023
As the fallout from Elon Musk’s bold statement continues to reverberate across the business landscape, one crucial question looms: How will the predicted $95 million revenue loss for X translate into tangible effects on its stock price? Cogwise’s insightful forecasting, backed by an AI-powered trading system, extends beyond revenue predictions, delving into the intricate web connecting…
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