Author: EarlyMinter

EarlyMinter started 2017 as an NFT Calendar website and has since then emerged into one of the most frequently updated NFT and Crypto News website. Make sure to subscribe to our Newsletter to get the latest news and updates on the NFT and Crypto market.

Introduction The markets have been down for a while now, but it’s important to remember that crypto is still one of the hottest topics out there. Before you give up on trading crypto for good, consider these points about why the market may be down and how to make money when it’s at its lowest: Will crypto go up again? No one knows when the crypto market will go back up again. Many people believe that cryptocurrency is a long-term investment, so there’s no need to panic if you’re new to trading or if you’ve invested in one of the…

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NFT

Yesterday, The Sandbox metaverse announced a collaboration with fashion icon Paris Hilton to build her Malibu Mansion on the metaverse. https://twitter.com/ParisHilton/status/1557043103583944708 Paris Hilton on her Twitter page announcing the partnership. Paris Hilton will throw parties at her mansion in The Sandbox game! Hilton’s Web3 presence is growing. Paris Hilton is creating her virtual world in collaboration with 11:11 Media and The Sandbox. The collaboration will allow Paris Hilton fans and her community to interact with her in a virtual Malibu Mansion on the metaverse. Hilton’s Sandbox Metaverse community will be invited to events such as rooftop parties at the mansion.…

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The crypto winter continues, and Nvidia (NASDAQ:NVDA) is the latest company to issue a warning about the consequences for public markets. On Monday, the chip giant released preliminary results for its second quarter that fell far short of Wall Street expectations, sending its stock down more than 6%. Nvidia’s market value fell by $30 billion due to this decline. Nvidia logo at one of their office’s entrance. Nvidia’s specific challenge is that it expects a 44% quarter-over-quarter decline in revenue from its gaming segment, which includes sales of high-end graphic cards and other chips. The drop is nearly identical to…

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One day after the US Treasury sanctioned cryptocurrency mixer Tornado Cash for its alleged role in cryptocurrency money laundering operations, 0.1 Ether (ETH) transactions to prominent figures such as Coinbase CEO Brian Armstrong and American television host Jimmy Fallon began materializing from the smart contract. According to Tornado Cash’s design, it is impossible to trace the source of the transactions, so either one individual or multiple individuals or entities could be involved in the operation. https://twitter.com/FatManTerra/status/1557016894305083393 FatManTerra report on the prominent figures that received the funds. The anonymous prank can cost up to $10 million and imprisonment! Because of sanctions,…

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Thanks to a partnership with FTX, Reddit users will now be able to buy Ethereum directly in the social media platform’s app, the giant crypto exchange announced Tuesday. Reddit official logo. Reddit users can now buy tokens through the platforms app. The new collaboration involves a product called FTX Pay, which allows merchants to accept both crypto and fiat—and, in the case of Reddit, means users won’t have to leave the app to buy Ethereum. The advancement may appear minor, but it is part of a larger effort to combine Reddit and blockchain technology such as crypto and NFTs, which…

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NFT

Pinata, an NFT-focused media distribution platform, has raised a total of $21.5 million in funding, according to an exclusive statement from the company. Report by TechCrunch. Pinata official mascot. The first capital rase to date! This is the only capital raised by the four-year-old company to date. According to Kyle Tut, co-founder and CEO of Pinata, the total amount came from a recently closed $18 million Series A and $3.5 million seed round in 2021. Greylock and Pantera led the Series A round, while Greylock and Offline Ventures led the seed round. Volt Capital, OpenSea, and Alchemy are among the…

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NFT

Vitalik Buterin, the co-founder of Ethereum, has backed a proposal to create a new extension for NFTs. Only new owners of pre-owned NFTs can see who previously held them, as they would not be visible to everyone via blockchain data. Vitalik Buterin at the French Ethereum community conference. Vitalik Buterin proposal. Anton Wahrstätter, also known as “Nerolation,” an Ethereum researcher, has proposed adding an “ERC721 extension for zk-SNARKs.” For increased anonymity, Nerolation proposes adding ZK-SNARK compatible ERC721 tokens to the Merkle tree on-chain. Which would obscure public blockchain transactions by generating one-time addresses and utilizing zero-knowledge proofs. Wahrstätter describes the…

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Cryptocurrency exchanges are the gateway to buying cryptocurrency. If you’re looking to buy cryptocurrency, the first thing you need to do is open an account with a crypto exchange. An exchange is simply a place where people can exchange fiat (USD or your local currency) for cryptocurrency and vice versa. You can also trade one type of cryptocurrency for another at some exchanges. While most exchanges will require ID verification before you can make any transactions, others have much less stringent requirements, allowing anyone over 18 years old to sign up and start trading immediately. Once you’ve signed up and…

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Coca-cola ( NYSE:KO ), a leading beverage manufacturer, has collaborated with Polygon to launch a generative NFTs collection. Polygon confirmed the news by tweeting that the collection was created to commemorate the 2022 international friendship day around the world. The new NFT collection marks the first anniversary in the metaverse. Coca-cola new NFT collection have special utility when shared with a friend! The collection was distributed via airdrop to brand fans and loyal customers. According to the announcement, the airdrop is only available to fans who participated in Coca-Journey Cola’s in the Metaverse. Furthermore, the chosen recipients are current owners…

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Circle, the issuer of the USD coin (USDC), has frozen approximately 75,000 USDC in funds linked to 44 Tornado Cash addresses listed in the US Treasury Department’s sanctions against the protocol. The problem was brought to light by the USDC blacklist, a Twitter bot that scrapes the blockchain for USDC blocklists. Circle is the official issuer of the USDC token. Interactions with the sanctioned address are prohibited! Interacting with the virtual currency mixer’s USDC and Ethereum smart contract addresses on the SDN list is prohibited for US entities and individuals. Any entity or individual who interacts with Tornado Cash’s Ethereum smart contract addresses and USDC may face a fine of $50,000 to $10,000,000 and imprisonment for 10 to 30 years. Tornado Cash’s smart contract addresses are estimated to hold $437 million in assets. These assets include Ethereum, Wrapped BTC, and a variety of stablecoins. With the blacklist in place, issuers must now take steps to prevent transactions or redemptions of the aforementioned assets. https://twitter.com/Blockanalia/status/1556644679826956288 Andrw T. has confirmed the list of sanctioned addresses through a tweet. The blacklist policy. Circle CEO Jeremy Allaire confirmed in June that USDC has a blacklist function for blocking…

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