boom

Become a part of the NFT ecosystem with Calypso

Non-Fungible Tokens (NFTs) have seen a boom in recent times, from being a niche market to finding wider appeal among people in the crypto space. While this has opened up the space for artists, creators and collectors alike, there is still a lot that needs to be done in order to facilitate mass appeal. Calypso is a marketplace for NFTs on the Supermoon Lunar System built on the Binance Smart Chain. In this marketplace, users will have access to unique NFTs, which can be bought using the $CYO token. What

BIC’s Video News Show: Robinhood IPO

In this episode of the BeInCrypto video news show, host Jessica Walker takes a look at Robinhood. Sponsored Sponsored The company just had an IPO and experienced spectacular growth in terms of new users and revenue. They definitely made the most of the meme stock phenomenon and the hype around Dogecoin and Bitcoin. But what are they more focused on, democratizing access to the stock market and meme stocks, or crypto, where they’ll do battle with Coinbase and Binance? Crypto windfall Robinhood’s second-quarter earnings report late Wednesday revealed its reliance on

Turkey: This Dogecoin mining scam may have duped investors to the tune of $119M

The crypto-community has long been plagued by scams and frauds. Especially since people have often come up with ingenious ways to rip users off their crypto-holdings. A recent example from Turkey is a case in point. According to Turkish media reports, a scam involving Dogecoin has allegedly amassed fraudsters $119 million in deposits. Local channel TV100 broke the news earlier this week, revealing that the fraudster, “Turgut V,” is now on the run with all the funds. Along with his 11 associates, “Turgut” apparently tricked about 1,500 Turkish citizens into

‘Communities Are Very Important For an NFT Project,’ Says Digital Artist

BeinCrypto spoke to Julien van Dorland, digital artist, and avid non-fungible token (NFT) art collector, about his work, his collections, and the NFT space as a whole. Sponsored Sponsored Van Dorland is a digital artist, an NFT art collector, and founder of Arvable, a digital agency helping artists explore the metaverse and NFTs. Completely immersed in the NFT space, van Dorland is the perfect example of what the future holds when it comes to creating the metaverse. With involvement in almost all elements of the NFT value chain, van Dorland

The NFT Avatar Trend Is About Community

Have you heard? NFTs are hot again. The media (both crypto media and mainstream media) declared NFTs dead in June, citing data that showed sales volume had dropped precipitously at the largest NFT sites. But now the market for blockchain-based digital collectibles has come roaring back (along with the price of Ethereum), especially one segment of the NFT boom that probably looks particularly bizarre to skeptical onlookers: cartoon animal collections. Pudgy Penguins hit $11 million in daily sales volume. Bored Apes hit a floor (the cheapest price for one NFT)

Wormhole 2.0 Mainnet Launch Links Smart Contracts

Wormhole, a Solana Labs-backed multichain connector, launched its mainnet. This new protocol aims to bring the key issue of interoperability to the forefront of the DeFi conversation. Sponsored Sponsored In a world increasingly open to innovation and fast-paced development, communication is of the utmost importance. That’s the ethos of the multichain connector Wormhole. The company intends to use its technology to make communication between different blockchains effortless.  Wormhole’s technology makes it possible for funds, votes, programs, and any other transferable information to effortlessly pass from one blockchain to the next.

MoonBoys Finance to Aurum: What does this change entail for AUR holders?

Last year’s DeFi boom gave rise to a spectrum of emerging trends in the crypto space. Among the most prominent ones is the deflationary token trend that comes with an opportunity for exponential rewards for its investors. Capitalizing on this trend emerged another prominent project called MoonBoys Finance. For all of you crypto nerds out there, MoonBoys Finance ($MBS) must be quite a familiar name. The project reached a market cap of over $80M at peak and garnered a record-breaking 11200+ holders in the first seven days.  While all these

How profitable is Ethereum in the current market

The recent 34.4% rally Bitcoin achieved stabilized the market after almost a month of a consolidated downtrend and the rally also reflected on Ethereum. When it comes to altcoins it is assumed they follow Bitcoin’s lead thus at the moment they should be rising as well. However, while Ethereum did follow BTC and jumped in value, at the moment it seems to be hitting consolidation again. Which way is ETH headed? Ethereum back into consolidation After registering a 28.8% rise in the past week, on July 27, ETH started showing

The Effect of Coronavirus on the Cryptocurrency Market

The year 2020, has been greatly eventful. From threats of a world war, to increased terrorist attacks. A biography on the life of the year 2020, would not only be a bestseller but also an excellent read. However the most significant single event of this year is and has been the coronavirus (COVID-19) pandemic, at its global takeover. From a regular virus, one that was once considered to be not worse than a cold flu, to transition into a global pandemic outbreak. The COVID-19 pandemic has affected every aspect of

Daily Created Ethereum Addresses Hits a Three-Year High

In more bullish news relating directly to Ethereum fundamentals, the second-largest crypto by market cap has seen the most new addresses created in a single day in the last 35 months. The cryptocurrency space has largely seen positive price growth, including the leading smart contract platform. Ethereum may be having one of its biggest years so far, as the system migrates over to Proof-of-Stake (PoS) verification with the launch of 2.0. Alongside this release, ETH witnessed a yearly price increase of around 4x as the Ethereum price flirts with the