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OpenSea has said it plans to use Immutable X to get rid of gas fees. The NFT marketplace aims to support the trading of digital collectibles on their gas-free layer-2 protocol built on Ethereum without compromising on security.
The CME is set to launch micro Bitcoin futures in May. The new investment tool aims to include sidelined clients and ensure more precision, risk management and choice.
Apple has announced the 2021 Worldwide Developers Conference (WWDC21) to be held on June 7-11. It further confirmed that it will be an all-online format, free for developers.
DeFi total locked value has hit a record high, reaching nearly $80 billion. Though Ethereum-based protocols continue to lead the market, notable performance has been shown by their main rival – Binance Smart Chain.
Nuvei has announced it will be supporting nearly 40 cryptocurrencies including DOGE and Reddcoin on its platform. The electronic payment processor said its partners can use these digital assets to settle payments across 200 countries.
Tencent Music announced that it will buy back Class A ordinary shares of up to $1 billion. The music streaming company further confirmed this could start as soon as March 29th and run for up to 12 months.
Bilibili is underperforming in its secondary listing. The company dabbed China’s YouTube last week raised $2.6 billion in its Hong Kong listing, in its first day of trading, it opened below its IPO price and dropped as much as 7% intraday.
Russia’s Hermitage Museum has confirmed that its 2021 digital art exhibition will involve non-fungible tokens (NFTs). It further acknowledged that NFTs will become a new form of securing rights to artwork using blockchain technology.
Xiaomi is reportedly planning to develop an electric vehicle. The Chinese smartphone company is said to be collaborating with Great Wall Motor Co Ltd for both its manufacturing plant and its engineering expertise.
Streaming tokens are performing exceptionally, meanwhile, Bitcoin is stuck under $60K. To exacerbate Bitcoin’s situation, whale transfers to retailers suggest the onset of a short-term bear trend.