On Friday, American social news aggregation and discussion website, Reddit published a job listing seeking a senior backend engineer for a non-fungible token (NFT) platform. As part of Reddit’s development team, the new hire would help “design, build and ship backend services for millions of users to create, buy, sell and use NFT-backed digital goods.”
Nonfungible token (NFT) investors have poured $7 million into a dutch auction that sold 50 tokens conferring ownership over digital artworks that will not be minted until December.
While the broader cryptocurrency market has entered strong consolidation, mem crypto Dogecoin made a strong move after Elon Musk called its people’s cryptocurrency. In his recent Tweet response, Musk explained his reason to support DOGE after calling it people’s crypto.
Twitter CEO Jack Dorsey may have just warned of an impending hyperinflation that is set to happen in the U.S. and then the world at large.
Imagine going on vacation and being able to pay both your Uber driver and Airbnb host with crypto. This sounds like a fantasy for many but is reportedly now a reality for users in Argentina.
Polygon is leaving no stone unturned for the security of its network and the latest move is the payment of a bounty reward to a white hat hacker. Potentially, the sum of $850 million has been saved thanks to the quick actions of the team.
Ethereum’s transition to proof of stake (PoS) with new protocol upgrades is being implemented to support a seamless transition. Ahead of next week’s Altair Beacon Chain upgrade, ether’s price crested to a new all-time high of $4,361 on 21 October but then it gradually pulled back.
Bitcoin (BTC) continues to face strong selling as bulls attempt to flip the psychological level at $60,000 into support. Some analysts believe that Bitcoin could enter a correction as traders book profits following the successful launch of last week's Bitcoin exchange-traded funds.