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AUCTION Price   

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$1.2 M
All Time High:
Market Cap:
$46.8 M

Circulating Supply:
Total Supply:
Max Supply:


The price of #AUCTION today is $6.52 USD.

The lowest AUCTION price for this period was $0, the highest was $6.52, and the current live price for one AUCTION coin is $6.51884.

The all-time high AUCTION coin price was $70.82.

Use our custom price calculator to see the hypothetical price of AUCTION with market cap of ETH or other crypto coins.


The code for Bounce crypto currency is #AUCTION.

Bounce is 1.6 years old.


The current market capitalization for Bounce is $46,770,624.

Bounce is ranked #323 out of all coins, by market cap (and other factors).


There is a big volume of trading today on #AUCTION.

Today's 24-hour trading volume across all exchanges for Bounce is $1,195,166.


The circulating supply of AUCTION is 7,174,685 coins, which is 72% of the maximum coin supply.

A highlight of Bounce is it's limited supply of coins, as this tends to support higher prices due to supply and demand in the market.


AUCTION is a token on the Ethereum blockchain.


AUCTION is available on several crypto currency exchanges.

View #AUCTION trading pairs and crypto exchanges that currently support #AUCTION purchase.



Bounce Finance Partners with Neblio

Today we are announcing that has entered into a strategic partnership with — Launched in 2017, is a distributed, high-performance blockchain platform built for Enterprise & Industry 4.0 applications and services. Bounce and Neblio share the collective mission of empowering decentralization and furthering cross-chain compatibility. Neblio’s cross chain compatibility is a main reason why teams have began exploring new opportunities within the ecosystem especially as teams shift their focus towards more accessible blockchain solutions, hence Neblio’s recent bridge into the Binance Smart Chain. About Neblio Neblio is an Enterprise Blockchain Platform focussed on simplifying blockchain technology for business. Neblio’s lightning-fast & scalable blockchain, APIs, NTP1 Token Protocol, and unique services offerings allow clients to easily and quickly utilize blockchain and distributed ledger technology to radically improve efficiency, reduce go-to-market time, and dominate their competition. Website | Twitter | Discord | Telegram | Medium About Bounce powers an ecosystem encompassing all types of marketplace, ranging from direct purchase and sales, managing contracts for bespoke work, all the way through to decentralized auctions. Find Bounce here Website | Platform | Statistics | Docs | Telegram | Telegram Ann | Twitter | Medium | Community

Facilitating Defi’s Next Stage of Evolution: Consolidation

Infrastructure for a community oriented merger and acquisition process.. — Natural Selection Natural selection is the “engine that drives evolution”. The Darwinian concept describes the process in which various populations of living organisms adapt and change with their environments. Because populations are naturally variable, some members have traits that make them better suited to their environment than others. Ultimately, though, it is the organisms with favorable traits that are most likely to survive and reproduce. Over time, this process promotes advantageous traits which are transmitted through generations while weaker, undesirable ones are weeded out. Simply put, organisms are forced to adapt to their environment or they will die out. In our eyes, the cyclical (or “evolutionary”) nature of cryptocurrencies and blockchain technologies is no different than that of biology. Crypto markets are quickly maturing, which means that weaker projects will no longer be able to rely on historically frothy monetary conditions and rampant speculation for survival. Going forward, these projects will instead be forced to adapt to the tightening market conditions with innovation and creativity, otherwise they will not survive. These circumstances, though, beg the question: how will the countless number of defi projects be able to continually innovate and build as resources deteriorate and the space continues its rapid ev...

Development Update: Metaverse City

Hey Bounce Fam! Today we are writing to update you all, once again, on what we’ve been working so hard on over at Bounce! Last time we “spoke”, we gave you all a better idea of our vision for the future of Bounce and how each part of our ecosystem (Metalents, Fangible, (Redacted), and the Auction Protocol) would be pieced together as development of our Metaverse continues. Well, today we’d like to give a brief update regarding the development of Metaverse City: the next integral peice of our vision in creating a fully immersive suite of decentralized marketplaces. Since our last update our developers have been working especially hard on a City Map Navigation System and Character Controller Settings for our Metaverse experience. In doing so, we hope to make the virtual experience as “fluid and realistic as possible”, while also making the world a user friendly and easy to navigate landscape. Within Metaverse City, developers have also been working to design several distinct zones, each with their own theme and and purpose. Zones currently under development include: The Central City Map, an area for Blockchain Gaming, an Art Gallery, and our unique Metaverse “Playground”. Users will be able to navigate the three dimensional experience with a complimentary, and customizable, avatar as well! The game area is the space our team is most excited on and, if you haven’t picked up on our clues from our latest update ...

Bounce Ecosystem Road Map & Updates

Dear Bounce Community, Today we are writing to update you all on what we have been working so hard on for the past two years and to give more details regarding our vision for the future of Bounce. Undoubtedly, crypto market conditions have deteriorated significantly which has led to frustration and feelings of resentment towards DeFi projects and even crypto as a whole. There have been bad actors and scams, but while things may feel glum and doomy today, it is times like these when the true winners and powerhouses of future “cycles” are built. For this reason, unlike many participants and builders within the space, we have not given up on our mission but instead, “doubled down” on our conviction in the future of both Bounce and crypto as a whole. We are excited to share more about the development of our ecosystem which we envision as a “full stack” powerhouse driving the next wave of growth for Bounce. We look forward to hearing your feedback and answering questions from community members. Bounce Ecosystem Road Map & “Metaverse Center” We have devoted the past two years to expanding our marketplace offerings through the Auction Platform, Metalents and Fangible. In doing so, we have built out the pieces for our larger vision: merging each distinct platform together to build a comprehensive, integrated & “full-stack” Web3 giant that serves all types of on-chain Web3 participants. Essentially, we will...

Metalents: Bounce’s new Freelance Platform!

We are so excited to finally unveil what we’ve been working so hard on over at Bounce this past year. Today is the day! 💫☄️Introducing, Metalents: The Web 3.0 Hub for Freelance Talent! Metalents is a freelancer marketplace designed specifically to fit the needs of the Metaverse. Everything on the platform has been built with the intention to provide a viable Web 3.0 freelance marketplace with the Web 2.0 user in mind. Simply put, we’ve built a platform that has all the benefits of being built on the blockchain except with the user experience of a traditional, more centralized application!⭐ What inspired the team over at Bounce to found Metalents in the first place? We started out at Bounce building a decentralized auction protocol. Broadly, Bounce was built to be a marketplace like Ebay. Even as we scaled our Auction platform, we realized the target audience in Defi was small. Doing an auction using our protocol, only so many users could realistically participate. If we wanted to build a marketplace using our platform that would gain mass adoption, we needed to move beyond the Defi sector and explore other sectors of high demand. When we look at the Metaverse, it is clear that the potential target audience ismuch larger than that of Defi.🔥 Furthermore, there is also a no labor marketplace in Crypto like there is in Web 2.0. Web 3.0 has OpenSea, but we don’t have a labor marketplace used to source specific ...

Bounce Freelancer: Join us!

So the release date for Bounce Freelancer is getting close now — very close! And as you’re no doubt already aware, ‘Freelancer’ is going to be an innovative blend of Task Marketplaces, Storefronts and Auctions! You’ll be able to buy and sell digital creations quickly and easily, powered by Blockchain via Bounce! And to get it launched with a ‘big bang’ we want to start gathering interest in advance of the big day: Be one of the first to join our exciting platform by registering your interest now, and in return enjoy early-bird benefits and promotions! You can do this via a simple form we’ve provided here In the form, please feel free to provide as little or as much info here as you like — the most important thing is that we can get in touch, however if you’re as awesome as we think you are, then we may select you for special promotions and showcases, so if you shine for us, we will make sure you shine for everyone else too! So please do share with us as much info that showcases your talent as possible! Looking forward to hearing from you, and to you joining our Freelancer Marketplace soon!

Bounce Progress Update 2022 #03

Hi all! We are full steam ahead here at Bounce this week! As promised, our second update is here and we cannot wait to tell you more about what’s been going on behind the scenes! It’s been a very busy week for everyone with some brilliant headway being made and some innovative ideas being thrown around. Surprise, surprise it’s still all about Freelancer- and so it should be! This week we have really focused on key functions to make Freelancer as user friendly as possible without compromising the quality of the site. The more we work on this the more excited we are as it really is becoming something very impressive and unlike anything seen before! Here’s what we’ve completed recently:The HomePage’s final testing is nearly complete and readyThe ‘Become a Seller’, ‘Create services’ and ‘Service Management’ pages that had been completed in last weeks update are have completed testing and are ready to goWe have created an easy way to follow services and sellers, including key social media functions to make it as user friendly as possible What’s next I hear you ask! Next in line for freelancer is the ‘Demand’ Job Centre and Wallet features- it really is all coming together! In other news, we are expanding rapidly! Some brilliant new talent has come on board for marketing, design and development, we really are invested in to making this the best it can possibly be. As mentioned in our last update w...

Bounce Progress Update 2022 #02

Hi all! It’s been a while since the last update and now, with so much happening here at Bounce, we have decided to schedule weekly updates from this point on, so everyone knows more about what we’ve been working on, what we have completed, what will be done next and what new developments and innovations have occurred since the last time! Frankly, for us right now, it’s all about Freelancer (which we will be rebranding soon, btw; more on that in a future update). We have made some key design decisions regarding the product and it’s now very well defined and moving forward. There really is nothing like Freelancer on the market today and so we are breaking some really new and disruptive ground with our engineering of the product. Here’s what we’ve completed recently:The User Account subsystem has been completed, including multiple methods of connection. including Email and MetaMaskBinding of the User Account to other social-medium platforms in order that creators can easily publicise their work via FreelancerThe HomePage is complete as well as the ‘Become a Seller’, ‘Offer Services’ and ‘Service Management’ functionalityPortfolio presentation and management is also completed We estimate now that approximately 40% of the User Interface work is done. Engineering of the work ‘under the hood’ such as NFT packaging, contract management, bidding for contracts etc is ongoing. We are also now working on th...

Syscoin now part of Bounce Auction!

As many of you already know, Bounce Auction is a system that facilitates the trading of digital assets in a competitive swap environment within a versatile, decentralized and trustless auction platform. Users can choose from an array of auction types, including: Fixed swap, Sealed-bid, Dutch and English auction; this is the most comprehensive offering of its kind in the Cryptoverse! And now we are proud to announce that we have added Syscoin to our growing collection of assets offered. About Syscoin Syscoin is a decentralized and open source project founded in 2014 by the founders of Blockchain Foundry, who remain Syscoin’s core developers. This exciting and disruptive technology presents a rollup-centric smart contract platform that combines Bitcoin’s security and Ethereum’s flexibility through NEVM (Network-Enhanced Virtual Machine), using protocol adaptation, while maintaining separation of concerns. Any smart contract on Ethereum is 100% compatible with NEVM. Syscoin 4 enables developers to leverage both primary evolutionary paradigms of blockchain tech on a single scalable platform. It also provides the technology needed for regulated assets to leverage a decentralized public blockchain in a compliant way without involving custodians. Adding Syscoin to Bounce Auction will expand options available to investors outside of traditional exchanges, and with exceptional flexibility. We anticipate extremely strong support ...

Bounce Freelancer Explained!

Introduction Over the past week or so, we’ve been sharing a number of ‘Freelancer Teasers’ about our upcoming new product offering. If you’ve been following these, then you’ll be somewhat better informed now about what Freelancer is, and why it’s so exciting! However we think it’s now time to explain the overall concept in a little more detail and tie together all those teasers in to one place!Freelancer User Profile What exactly is Freelancer? Simply put, it’s a marketplace for ad-hoc digital deliverables. Such a deliverable can be something like artwork, music, textual content or even code. Basically if it can be delivered in digital form, Freelancer caters for it. What does the workflow look like? The person who requires a deliverable advertises for someone to deliver, and then the creative community can browse these tenders for work and respond. The requester can then select someone for the contract and funds are sent to that contract ready for release upon work completion. Now it becomes interesting: most digital content can be delivered as an NFT, which makes it secure, unique and able to be handled completely automatically by the Freelancer platform. But what if the person delivering the work doesn’t know how to make something as an NFT? No problem — Freelancer does this for you! Both parties can use Freelancer to wrap any deliverable as an NFT in order to take advantage of the features offer...


Short Relief Bounce For Altcoins? If Crypto Marketcap Can Do This

    Cryptocurrency market capitalization could be ready to break out from the downtrend as price gears up for a short-term recovery creating more bullish sentiment for the altcoins. Cryptocurrency market capitalization looks strong on both low and high timeframes.  Cryptocurrency market capitalization prepares for a breakout on the daily timeframe after forming a descending triangle. The Crypto Marketcap had had a tough time regaining its hype when the crypto market cap was at its peak of over $2.8 trillion, with most crypto assets performing at their best. The crypto market capitalization also called the crypto market cap, takes in market data from a range of cryptocurrencies — including Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and EOSIO network (EOS) — to provide a fuller, real-time picture of how the crypto asset sector is performing. Crypto Market Capitalization Price Analysis On The Weekly Chart Weekly Total Market Cap Price Chart | Source: On The new month has been a relief for most crypto projects, with altcoins such as BTC, ETH, and even XRP, with the market cap, continues to look promising ahead of a major rally.   With the market having a rally to an all-time of over $2.9 trillion, this positively impacted the price of altcoins and major assets as the market found itself in a blooming phase with so much euphoria. After hitting over $2.9 trillion market cap, the price declined from that region, acting as resistance or ... read More

Bitcoin Bounce Coincides With Possible Macro Reversal | BTCUSD Analysis ...

    In this episode of NewsBTC's daily technical analysis videos, we compare Bitcoin price with the S&P 500, WTI Crude Oil, Gold, and the almighty dollar through the DXY. Take a look at the video below: VIDEO: Bitcoin Price Analysis (BTCUSD): October 4, 2022 Bitcoin price is back over $20,000 and you can finally feel the sentiment starting to change. The change is happening all across the rest of finance, and not just crypto, which is the focal point of this video. Stock Market Correlation With Crypto Continues To start, comparing the S&P 500 against Bitcoin, shows that Bitcoin tends to top out prior to the stock market. Importantly, BTC and the SPX have been more tightly correlated than in the past.  This is notable because along with Bitcoin, US stock indices have turned sharply up. Both asset classes are down considerably from all-time highs, so this is nothing yet to celebrate. Bitcoin tops well ahead of the SPX | Source: BTCUSD on Oil Slips Slightly After BTC, But Turning Up Sharply In yet another macro comparison with WTI Crude Oil, we can see that oil tends to trail crypto and stocks slightly.  Oil prices tend to fall even more sharply than crypto during corrections, but are fewer and further between. Comparing gold against the top cryptocurrency by market cap, we can see that the bullish impulse that began in 2019 in gold kept running far beyond what Bitcoin was capable of. Despite this, this was the birth of the digital g... read More

Here's When Celsius Network Will Auction Assets Following the Bankruptcy

    The much-anticipated auction of assets belonging to bankrupt Celsius Network is likely to begin later this month. The embattled lending platform submitted an auction plan to the United States Bankruptcy Court for the Southern District of New York on Monday, media reports said. Here is all that you need to know about it: Celsius has set the deadline of 4 pm, October 17, for the bids to be submitted. If required, an auction will be held on October 20 at 10 am. A sale hearing on Zoom where a large number of participants are expected will be presided over by Chief US Bankruptcy Judge Martin Glenn on November 1, at 11 am. As per media reports, FTX is likely to bid for the troubled lending platform after recently making a successful bid for Voyager Digital, outbidding Binance in the process. The Sam Bankman-Fried (SBF)-led company is reportedly expected to go for $1-billion fundraising to finance new acquisitions. FTX has been at the forefront of acquiring distressed assets after the market meltdown in May. On September 27, Alex Mashinsky resigned as Celsius CEO as his financial conduct leading to the bankruptcy came into sharp focus.  In a voluntary disclosure, Mashinsky revealed to the unsecured creditor committee that he had withdrawn $10 million in May, weeks before Celsius paused withdrawals.    The post Here's When Celsius Network Will Auction Assets Following the Bankruptcy appeared first on CryptoPotato. read More

FTX Wins Auction for Voyager Digital Assets Worth Over $1 Billion

    Following the bankruptcy filing of beleaguered crypto exchange and investment platform Voyager Digital back in July, the bankrupt firm’s leadership has explored multiple avenues that would potentially allow them to make a comeback and return assets to its customers. Following a recent auction, the company’s troubles seem to have come to an end. FTX Gets the Last Laugh Shortly after Voyager declared bankruptcy, FTX offered to bail it out in order to keep it afloat. However, the proposal was quickly spurned by Voyager, who struck back at the SBF-led exchange in a heavy-handed court document. “Voyager will entertain any serious proposal made pursuant to the Bidding Procedures described in its Motion. It seems clear, however, that AlamedaFTX’s Proposal, which was made in contravention of the proposed Bidding Procedures, was designed to generate publicity for itself rather than value for Voyager’s customers.” Unfortunately for Voyager, not many options were on the table – and following an auction that lasted over two weeks, FTX will be buying up all company assets through its US subsidiary West Realm Shires Inc. Hefty Price Tag of Over $1 Billion The weeks of deliberation leading up to the final offer saw the estimated price of Voyager assets rise to about $1.422 billion, according to a press release published by Voyager Digital earlier today. This price consists of current assets believed to be worth $1.311 billion in “fair market v... read More

FTX Wins Auction For Voyager Digital Assets, Valued Over $1B

    Voyager Digital has officially completed it's auction for acquisition, with powerhouse exchange FTX securing the winning bid, according to emerging reports (and confirmed via press release) in recent hours. Reports in recent weeks had stated that the flagship exchange was in the bidding mix with competitors Binance and CrossTower, with all three supposedly in the final running for Voyager's assets - and each of which were supposedly offering unique packages in the bidding process. With FTX coming out on top, let's take a look at what sort of implications can lie from this acquisition moving forward. FTX & Acquisitions  FTX has long sought a 'growth by acquisition' model with mixed results. The firm is currently in the process of working through an acquisition of CeFi crypto lender BlockFi, which sought to avoid the same fate as competitor Celsius. FTX's U.S. division is looking to acquire BlockFi, and can now add Voyager Digital to it's list of new assets to build the FTX rolodex. While the aforementioned Binance and lesser-known exchange CrossTower were reportedly in the mix, it was FTX who came out with the most appetizing bid - despite rumors that Binance's offer included a large cash sum payment. Rumors had swirled in recent days around the deal's closing, with commentators suggesting that FTX would shell out $50M in cash in it's bid, and that the company desired that existing Voyager customers were moved over the FTX platform - where they could claim a pro rata shar... read More

Why Bitcoin Price Could Bounce After Today's FOMC Meeting

    The Bitcoin price has been moving sideways over the past few days bound solely to macroeconomic factors. The benchmark cryptocurrency was rejected north of $20,000 after “The Merge” and seems poised to face volatility over today’s trading session. At the time of writing, Bitcoin (BTC) trades at $19,200 with sideways movement in the last 24 hours and a 5% loss over the past week. As the market moves past “The Merge”, crypto has returned to its correlation with global markets and the most important factors driving the price action: inflation and interest rates. BTC's price moving sideways on the 4-hour chart. Source: BTCUSDT Tradingview What To Expect For The Bitcoin Price Ahead Of The FOMC Meeting? Later today the U.S. Federal Reserve (Fed) will hold its Federal Open Market Committee (FOMC) meeting where it will announce its upcoming interest rate hike. As it has happened in the past month, the crypto market is poised to see an uptick in volatility ahead of this major event. Market participants seem to be expecting another 75 basis points increase after the latest Consumer Price Index (CPI) print and the Non-Farm Payrolls (NFP) metrics. The results of these reports hinted at persistent core inflation in the U.S. dollar, according to trading desk QCP Capital. The firm believes that the market will be looking at today’s interest rate hikes, the Fed’s plan for the future of its monetary policy, and its reaction to inflation. In that sen... read More

Central Bank Chairs Push Bitcoin Price To The Downside, Will BTC Bounce ...

    The Bitcoin price is hanging by a thread as it retraces its gains from yesterday’s trading session. Once again, macroeconomic forces seem to be taking over the price action as the number one cryptocurrency by market capitalization looks into the abyss of a potential fresh leg down. At the time of writing, Bitcoin price trades at $19,077 with a 5% loss and a 1% profit in the last 7 days and 24 hours, respectively. BTC is looking at two potential support levels in short timeframes to prevent further downside. BTC's price moving sideways on the daily chart. Source: BTCUSDT Tradingview Bitcoin Price Reacts Bearish To ECB Interest Rates Hikes Today was poised to be a volatile day as the Chairmans of two of the world’s largest central banks, the European Central Bank (ECB) led by Cristine Lagarde and the U.S. Federal Reserve (Fed) led by Jerome Powell, made important announcements. The ECB announced a 75-basis point interest rate hike, the biggest in its history. In the coming months, the financial institution will continue to hike as they aim to “dampen demand and guard against the risk of a persistent upward shift in inflation expectations”. In addition to stopping inflation, the same target as the U.S. Fed, the ECB is looking to slow the Euro from crashing against the U.S. dollar. In light of the current macroeconomic uncertainty and the spike in global energy, people have been fleeting to the dollar. This has led to a crash in the European currency, leg... read More

Avalanche Plays A Game Of Bounce Or Die, Can Bulls Win This Fight?

    Avalanche (AVAX) price continues to hold key support against tether (USDT) as price finds itself amid death or survival. The crypto market has become promising as most altcoins appear bullish coming out of their shells, but the likes of Avalanche (AVAX) price continue in their struggle to survive. (Data from Binance) Avalanche (AVAX) Price Analysis On The Weekly Chart  The price of AVAX has had a tough time replicating the move from a weekly low of $16 to a high of $30 as the price continues to remain dormant with little price action. In recent weeks, the price of AVAX showed so much strength rallying to $30 before being rejected, and the price has failed to hold above $22, acting as an area of interest.  AVAX price was not able to break out of the downtrend channel, forming a strong bullish bias as the crypto market could be set for a minor rally.  The price of AVAX saw a rejection from $25 and has struggled to reclaim this region; for AVAX to have a chance of trending higher, the price needs to reclaim $25 and flip it into a support for the price to trend higher. If the AVAX price maintains this bearish structure, we could see the price of AVAX retesting the weekly low of $17, serving as good support for buy orders. Weekly resistance for the price of AVAX - $25. Weekly support for the price of AVAX - $17. Price Analysis Of AVAX On The Daily (1D) Chart Daily AVAX Price Chart | Source: AVAXUSDT On After retesting the daily low, AVAX's price bou... read More

Bitcoin (BTC) Must Make It Past This Threshold To Bounce Back

    The United States just released the Employment Situation Summary, which describes the present state of the American labor market. Bitcoin, the dominant crypto currency on the market, is banking on the freshly disclosed data for a possible bear market departure. Bitcoin has struggled to maintain its value inside the critical $20,000 level. Despite this, investors have elected to HODL over the forthcoming crypto winter. Over 62% of addresses with the currency have not been sold in the past year. This could suggest that investor sentiment as a whole is mixed. Despite the fact that some investors elected to continue holding the currency, 32% of investors chose to sell the currency after holding it for between one and 12 months, while 6% sold their currency after holding it for only one month. Many Believe Bitcoin Will Recover While investor mood has been extremely volatile, the large proportion of investors who opted to hold indicates that many continue to believe Bitcoin will recover. This may be the case now, as Uncle Sam has provided a breakdown of the total employment picture in the United States. Since the release of the jobs report, the Bitcoin market has gained minimally. Coingecko reports that the price of Bitcoin at the time the report was published was $20,060.85. This reasonably large price increase from the early morning price of $19,632.46 was, however, unavoidably lost throughout the course of the day. The Crucial $25K Price Point Even if the price eventually ... read More

Comedian Bill Murray's Wallet Hacked for $186K Worth of Ethereum After N...

    American actor and comedian Bill Murray saw 119.2 ethereum drained from his wallet on September 1, 2022, after Murray held a non-fungible token (NFT) charity auction. Statistics show that most of the tokens and NFTs in Murray's wallet have been moved, and roughly $556 in token value remains.Bill Murray Loses 119 Ethereum to Hackers - Comedian's Team Is Working With Law Enforcement, Chainalysis On Thursday, Bill Murray, the popular actor and comedian best known for his appearances on Saturday Night Live and The National Lampoon Radio Hour, saw 119 ether siphoned from his wallet. The story was first reported by Coindesk and author Eli Tan notes that onchain data and 'details from Murray's team' explain his wallet was drained at around 7:00 p.m. (ET) on Thursday evening. Data from's portfolio tool indicates that Murray's wallet has roughly $556 in tokens and NFTs still held in the wallet at 7:00 p.m. (ET) on September 2. A large portion of Murray's portfolio has been removed from the hacked wallet, according to the report. Onchain data shows Murray's security team removed blockchain assets such as The Flower Girls NFTs, Boss Beauties, Hashmasks, Adam Bomb Squad, Deadfellaz, Gutter Cat Gang, Cryptopunks, Veefriends, Cool Cats, Damien Hirst NFTs, Pudgy Penguins, and Cryptotoads. Murray's charity sold a 1/1 NFT from the 'Bill Murray 1000' NFT collection hosted on the Coinbase NFT marketplace. Murray's team believes the stolen funds were sent to an exchange and the t... read More

Ripple Price Analysis: Following a 13% Drop, Can the Bulls Bounce Back?

    The crypto market has experienced a deep correction in the last two days. A downward movement from a high of $0.392 on August 17 caused Ripple to lose more than 13% of its market capitalization at the time of this writing. Technical Analysis By: Grizzly The Weekly Chart After three weeks of swinging below horizontal resistance at $0.39 (in red), the bears finally aggressively pushed the price down. This formed a giant red daily candle over the last two months. The key is that the pair has already reached support that coincides with the previous bottom. Technically, a bullish trend often reverses when a lower high and lower low appear on the chart. If the bulls fail to defend this horizontal support at 0.33 (in green), then the formation of a bearish structure is triggered. In this scenario, the next support at $0.3 (in white) will likely be retested after more than a month. On the opposite side, unless Ripple can flip $0.39, the start of a significant bullish trend is unlikely. A third scenario is that traders who have taken short positions book their profits. This increases the price to around $0.36, which can be considered a pullback. If the pair can close above this level, the bulls will have another chance to test the descending line resistance (in yellow). Currently, the bears have more control over the market, and it remains to be seen if they can defeat the bulls, who are defending $0.33. Key Support Levels: $0.33 & $0.30 Key Resistance Levels: $0.36 & $0.39 Daily Movi... read More

Bitcoin Bound To Bounce Back, Rockefeller Exec Says

    Rockefeller International's Managing Director and Chairman, Ruchir Sharma, argues that Bitcoin (BTC) is really a brilliant concept. One that has been destroyed by excessive speculative fervor and easy access to cheap capital. Bitcoin Rebound Is A Matter Of Time Sharma, a New York Times bestselling author and former emerging markets investor at Morgan Stanley (MS), predicted that bitcoin could experience a comeback similar to that of Amazon. Amazon's value fell by about 90% during the early 2000s dot-com collapse but increased by more than 300 times over the course of the following 20+ years. Although Sharma agrees that there may be more turbulence for bitcoin and the larger world of digital assets over the next months, this may also serve to remove weak players from the market. Some claim that has already occurred. According to him, Bitcoin is still 'caught up in this speculative mania,' and is still indicating a partial worldwide collapse. He brought up the Amazon incident again, noting that it took the company some time to recover. The shares of the online store needed some time to match and surpass its frothy 1999 level. Reltaed reading | TA: Bitcoin Price Trims Gains, Key Breakdown Support Nearby The early 2000s dot-com bust led to a huge decline in the value of Amazon's shares. However, during the course of the following 20 years, the value of the shares was able to increase by a factor of more than 300. He noted: “I’m not willing to call the [market] bottom ... read More

Rap Star Snoop Dogg Believes Crypto Industry Will Bounce Back — Cr...

    This week, the rapper Snoop Dogg spoke about the crypto crash in an interview with CNBC on Tuesday and explained that he believes the cryptocurrency economy will bounce back. Snoop said that he feels like the crash ''weeded' out all of the people' that were not supposed to be in the space in the first place.Snoop Says Crypto Crash Is Transitory and Great Choices Will Follow the Aftermath Snoop Dogg thinks the current crypto crash is temporary and in time he believes the ecosystem will bounce back. Speaking with CNBC on Tuesday, the hip-hop recording artist discussed his current perspective on non-fungible tokens (NFTs) and cryptocurrencies. While talking about NFTs, Snoop said that what drew him toward the digital collectibles space was the intellectual property (IP) ideas and 'being able to own and control the whole IP and not be used as a face or marketing tool … but to actually be the owner, the CEO.' When Snoop was questioned about the current crypto market drawdown, he responded by saying that he doesn't think it will last long. 'It's crypto… It's crypto, you know that right?' Snoop jokingly asked the CNBC reporter. 'I feel like it was a beautiful industry that was created. I feel like every great industry has a downfall, there's always a depression in every industry you could look at. Alcohol, tobacco, clothing, and food,' the rapper added. Snoop continued by remarking that he thinks the crash is ridding the industry of bad apples. The recording artist and... read More

Metaverse Project GensoKishi Online Holds 2nd NFT Auction

    PRESS RELEASE. GensoKishi, a new fantasy world economy with blockchain technology by incorporating elements of NFT and GameFi on the Metaverse is pleased to announce its 2nd commemorative NFT Auction to be held from June 15th, 2022 at 18:00 (UTC+8) to June 22nd, 2022 at 17:59 (UTC+8) ! The 2nd round NFT auction will feature a wide range of Cosplay Equipment NFTs, from Legend-class NFTs, which will all be one-of-a-kind exclusive items, to SuperRare-class, Rare-class, and Normal-class items. As we had a number of bids during the 1st NFT Auction, we expect to see many more attendees during the 2nd NFT Auction. And for the first time the auction bidding currency will be in MV instead of USDT, so if you plan on participating in the NFT Auction, please make sure you have MV available in your wallets before the auction period starts. NFT Auction Round2 The Official GensoKishi NFT Auction Round 2 website here How to make a bid The bidding screen is available at the bottom of the auction page. To bid, follow the steps below Select the MV network for your bid (ERC20 or Polygon) Enter the amount of MV you wish to bid * Minimum bidding amount is 100MV. After typing in your bidding information, click the 'Bid' button and your bidding process will be completed. * The 'Bid' button on the auction page will display once the auction starts on June 15, 2022, from 18:00 (UTC+8). Cosplay Equipment NFT items 'Cosplay Equipment' is one of the main features of this game. For example, in an RPG, a ... read More

XOXO Is Flipping the Script and Announcing a Genesis Collection Auction

    PRESS RELEASE. Gather up your partner, family, and friends to come and be a part of the genesis XOXO NFT collection, known as the 'XOXO Love stories'. 101 Exclusive non-perfect couples, that were handpicked by the Devirs, with a one-of-a-kind background love story. Each piece has a special narrative written individually by Maya and Yehuda themselves. All of the 101 NFT holders will receive a physical book with all 101 Love Stories from the collection, signed by Yehuda and Maya according to the purchased NFT's story number. An extra airdrop of 1 XOXO NFT from the main collection and additional unique perks will be revealed by Maya & Yehuda in a private online meeting soon. The decision to split the main collection into two stages with different types of sale options was a bold one for the highly expected project, one that came after plenty of feedback from both the XOXO community and social media. The Devirs assured their fans that these steps were taken after listening to the XOXO community and its members, implementing their voices into the shaping process of this venture. And all this, while being announced as speakers at ART Basel 2022 and appearing at the NFT.NYC conference – another exciting news and essential step in the bonding process of the Devirs and their beloved XOXO community. It's a marathon effort when it comes to perfecting the XOXO universe as it aims to offer a wide variety of utilities, hold a high level of art – as the Devirs presented throug... read More

Cardano Price Analysis: Dead Cat Bounce or Recovery for ADA Following 9%...

    Despite the massive selling pressure over the past few days, ADA has managed to hold firm at the $0.45 support level. But is the current upward momentum a dead cat bounce or the beginning of a recovery? Key Support levels: $0.45, $0.38 Key Resistance levels: $0.45, $0.55 After a significant crash, the market is taking a breath, and ADA seems to have found good support at $0.45. If this key level can hold any further selling pressure, then the cryptocurrency might reverse this trend and test the key resistance at $0.55. Chart by TradingView Technical IndicatorsTrading Volume: Volatility exploded in the past week, which has put tremendous pressure on the levels shown on the chart. The volume spiked yesterday, but ADA managed to hold strong at the key support. This is encouraging. RSI: The daily RSI managed to make a higher low during this latest crash. If the price stays above the key support, then bulls may attempt to regain control. MACD: Unfortunately, the daily MACD has turned bearish yesterday, but this is not a major concern as long as ADA maintains its support at $0.45. Chart by TradingView Bias The bias for ADA is neutral, but given the overall market condition - it leans toward bearish Short-Term Prediction for ADA Price ADA is at a critical support level which was defended successfully three times to date. This is an impressive achievement in a market that completely tanked over these last few days making lower lows. read More

Eurovision Winners' NFT Auction Raises $900K for Charity

    Kalush Orchestra, the winners of the Eurovision Song Contest 2022, have successfully auctioned off an NFT for charity. The auction was held on MetaHistory - the official Ukrainian charitable NFT museum – and raised $900,000 in cryptocurrency for Ukraine.MetaHistory and Kalush Orchestra's NFT Charity Auction The largest European crypto exchange originating from Ukraine, WhiteBIT took home the iconic crystal microphone trophy. The auction on the MetaHistory platform raised $900,000 with the Eurovision Song Contest 2022 prize sale. WhiteBIT simultaneously broke two Ukrainian records. They made the most expensive (500 ETH) purchase of NFT and it's the largest amount of donation during the live stream. The company has a goal to spread blockchain technology and expand the cryptocurrency community, and perhaps it was this that inspired them to establish a record and give the largest donation to support their country with cryptocurrency. 'WhiteBIT is grateful to the global community for supporting our country during this difficult time. As Ukrainians, we want our Western partners to know that Ukrainian businesses and entrepreneurs are also investing all their resources to maintain the fighting ability of our brave soldiers. The decision to donate in this auction, organized by the Kalush Orchestra, was completely conscious and thought-through. Indeed, $900,000, even for a crystal microphone, is a lot. But $900,000 to help the Armed Forces is only a small portion of the full con... read More

Can Bitcoin Bounce Back To $35K? Here's What Stands In The Way

    No action in the crypto market as Bitcoin still trades around the $29,000 to $30,000 area. Wonderful-Backed Green Bitcoin Mining Venture To Build $500M HQ In N. Dakota The “Black Swan” event has preceded one of the worst periods for the space as Bitcoin and Ethereum recorded record consecutive losses. At the time of writing, BTC’s price trades at $29,500 with a 2% loss in the last 24-hours. BTC moving sideways on the 4-hour chart. Source: BTCUSD Tradingview According to a pseudonym trader, Bitcoin could be ready to re-test the lows at $29,000 before resuming its bullish momentum. The trader expects BTC’s price to potentially dip below this level and then bounce back to $35,000. This would put Bitcoin close to the bottom of its current range. Therefore, a move to the upside and some relief seems logical, if BTC is to continue to trend rangebound. In that sense, the pseudonym trader recommended to “play the trend” and re-examining if BTC breaks above those levels. The trader said via Twitter: Before you get discouraged about trading just remember this tiny little range of chop is what's been so difficult for everyone to figure out. Once a direction is established from here it'll get easier. A report from QCP Research agrees that $28,700 is a major area of support, in case of further downside, as it stands as BTC’s current 61.8% Fibonacci retracement level. These Fibonacci levels have been “pivotal”, the report says, for Bit... read More

Eurovision Song Contest 2022 Winners Release NFT for Ukraine Charity Auc...

    Kalush Orchestra, the winners of the Eurovision Song Contest 2022, are auctioning off an NFT for charity. The auction started May 25 on MetaHistory - the official Ukrainian charitable NFT museum – and will last only until the 28th. Bids will be accepted in both cryptocurrency and fiat currency (via Monobank), thus creating a friendly competition for what type of currency can bring the most donations.Kalush Orchestra Auction NFT for Ukraine The Eurovision Song Contest 2022 took place on May 14 in Turin, Italy. The event had a television audience of 161 million viewers in 34 measured markets, and 18 million viewers also watched the contest online on YouTube and TikTok. The winner was the song Stefania, performed by Kalush Orchestra. Now the band is auctioning an NFT of the Eurovision Glass Microphone Trophy awarded it to collect donations to help Ukraine. By purchasing the NFT with cryptocurrency, the lucky owner receives: A 100% unique digital NFT file featuring a microphone and Kalush Orchestra. An exclusive meeting and dinner with members of the Kalush Orchestra. As well as an opportunity to receive the physical object, the Crystal Microphone, as long as the bid is higher than the fiat currency bid. The voice of Ukraine will sound as loud as possible with our special NFT auction Stefania where you will be able to bid for a statue of Eurovision 2022 winners.Auction starts right now and lasts till May 28th 19:00. Get your 12 points from Ukraine now! read More

The 'Growth Collection'— Ross Ulbricht to Auction Bitc...

    Following Ross Ulbricht's non-fungible token (NFT) sale that raised 1,446 ether or $6.27 million at auction, Ulbricht is dropping another NFT compilation called the 'Growth Collection.' According to the announcement, the NFTs will be minted using the Bitcoin blockchain and will be auctioned at the Bitcoin22 conference in Miami on April 6-8.Ross Ulbricht Is Preparing Another NFT Auction That Includes Four Physical Oil Paintings and One Hand-Drawn Animation Ross Ulbricht is preparing to auction a new NFT collection on Satoshi Nakamoto's birthday, according to an announcement sent to News. The latest NFT collection follows Ulbricht's last NFT auction which was sold for 1,446 ether, or $6.27 million at the time of settlement. That specific collection was acquired by the Pleasrdao project and the collection was later fractionalized. The fractionalized NFT collection is the 9th-largest fractionalized NFT project with a market capitalization of around $2.68 million. On October 1, 2022, Ulbricht will begin his 10th year in prison as he was handed a double life sentence without parole for his involvement with the Silk Road marketplace. The investigation into Ulbricht's case was a travesty filled with controversy and rogue officers, and the following trial was considered by many to be a miscarriage of justice. Ulbricht and his family have been fighting for his freedom ever since, and currently Ulbricht has a clemency petition hosted on that's nearing 500K signatu... read More

Phillips Auction Featuring Basquiat Painting Worth $70M to Accept Bitcoi...

    On May 18, the auction house Phillips will be hosting an evening sale featuring the work of the American artist Jean-Michel Basquiat. Phillips' Evening Sale of 20th Century & Contemporary Art will auction Basquiat's 'Untitled, 1982' piece worth an estimated $70 million. According to the announcement, Phillips has revealed the auction will accept ethereum or bitcoin for the artwork.Phillips to Accept Bitcoin and Ethereum for Jean-Michel Basquiat Art Auction The renowned art collector Yusaku Maezawa and the 225-year-old auction house Phillips will be hosting an art auction on May 18, featuring the work of Jean-Michel Basquiat. The American artist is very popular within the neo-expressionism movement and has been compared to the Spanish painter Pablo Picasso who co-founded the Cubist art movement. The art featured at the Evening Sale of 20th Century & Contemporary Art will be Basquiat's sixteen-foot wide 'Untitled, 1982' painting. The 'Untitled, 1982' standing at eight feet tall and over 16 feet wide, has an estimated value of around $70 million, according to the auction house Phillips. 'This striking horizontal format is likely a nod to Pablo Picasso's masterwork 'Guernica,'' the Phillips announcement notes. 'I hope that Untitled will continue its great journey in good hands and that it will bring smiles to many people all around the world,' the painting's consignor Yusaku Maezawa said. The announcement further details that the auction company will allow people to purchase the... read More

Sotheby's Withdrew the Auction of 104 CryptoPunks Minutes Before t...

    The renowned auction house – Sotheby’s – was about to host a much-anticipated auction of 104 CryptoPunk non-fungible tokens (NFTs) earlier this week. However, the auction house canceled the event minutes before launch. ‘Decided to HODL’ Several months ago, a pseudonymous collector with the initials 0x650d purchased the lot titled “Punk It!” for $7 million worth of crypto. A few weeks back, Sotheby’s announced it will auction the NFTs from the collection, with price estimations showing between $20 million and $30 million. Nonetheless, the collectibles owner withdrew from the event shortly before it began. His decision led to significant disappointment from users waiting to participate in the auction. The Founder of the decentralized media platform RugRadio – Farokh – said: “Bro, you stop acting like you rugged Sotheby’s, you made everyone look stupid. Even the press here is laughing at us because of you. Stop hiding the guilt behind dumb ass memes.” Later on, the seller posted another tweet, hinting that the reason behind the cancellation might be Sotheby’s high commission fees. Minted in 2017, CryptoPunks are among the first NFT collections. Currently, they are some of the most popular and expensive digital collectibles as some spent millions of dollars to acquire them. Earlier this month, CryptoPunk #5822 broke the records as Deepak Thapliyal – Chain’s CEO – purchased it for... read More

Sotheby's Cancels Cryptopunks NFT Auction After Consignor 'D...

    On February 8, the multinational luxury auction company Sotheby's announced the firm would be auctioning 104 Cryptopunk non-fungible token (NFT) collectibles, but before the event started Sotheby's canceled the event. It seems '0x650d,' the owner of the Cryptopunks NFTs, decided to keep the assets that were estimated to fetch around $20 to $30 million at auction.Cryptopunks Owner Decides to Keep 104 NFTs, Sotheby's Forced to Cancel 'Punk It' Auction The luxury auction house had to cancel an NFT auction dubbed 'Punk It' on Wednesday after the consignor decided to back out. During the first week of February, Sotheby's revealed it would be auctioning 104 Cryptopunks that were estimated to get around $20 to $30 million. The sale would be called 'Punk It,' and the NFTs stemmed from the owner '0x650d,' an individual who purchased the 104 Cryptopunks in a single transaction by paying a miner a bribe of five ethereum (ETH) in July 2021. Then on the day of the scheduled auction, Sotheby's tweeted that after a discussion with the consignor 0x650d, the event was officially canceled. 'Following discussions with the consignor, tonight's Punk It sale has been withdrawn. Thank you to our panelists, guests, and viewers for joining us,' Sotheby's said. Then 0x650d retweeted an older tweet and said that he decided to keep the stash of Cryptopunk NFTs. 0x650d said: Nvm, decided to hodl. NFT Supporter Says Canceled Auction 'Made Everyone Look Stupid' In another tweet, 0x650d shared a meme makin... read More

Two Possible Scenarios for Bitcoin Following Today's Bounce (BTC P...

    Bitcoin is forming a consolidation structure in both the daily and 4HR time frames. Based on the number of active users on the network - the lack of demand among retail investors is still evident. Therefore, any sudden change in market sentiment can lead to unexpected volatility. Technical Analysis By: Shayan Long-Term Bitcoin got rejected from the multi-month descending trendline after failing to sustain its bullish surge. It has also broken down the 50-Day moving average with significant negative momentum. The cryptocurrency is now trading above the $35K support zone. From a technical perspective and because of the uncertainty in macro conditions, the market may stay in a ranging/consolidation phase for the mid-term. The $34K-$35K demand zone will be at the bottom of the mentioned range, while the $45K-$46K supply zone will be at the top. Short-Term The price has broken the blue trendline, increased to the top of the range, and is retesting the trendline in the form of a pullback in the lower timeframes. There are two possibilities here: BTC completes the pullback and moves towards the top of the range. To do so, it must first generate a higher high price action pattern, then consolidate before beginning the rally as seen in the green pattern. Both the trendline and the support zone fail to keep the price above them, and bitcoin begins a new bearish rally to reach lower price levels. A massive long liquidation event is inevitable in this scenario, fueling the negative tre... read More

Topps Plans to Auction Rare 1952 Mickey Mantle NFT Card Minted on Ethere...

    The American firm that produces Bazooka chewing gum, candy, and collectibles, Topps has announced the company is planning to auction one of the rarest baseball cards on earth in NFT form - Topps 1952 Mickey Mantle card. The Topps 1 of 1 'Timeless Collectible' will be issued as a non-fungible token (NFT) and sold on the NFT marketplace Opensea on March 1, 2022.Topps Announces 1952 Mickey Mantle NFT Card Auction via Opensea, Physical Card With a PSA 9 Score Is Worth $5.2 Million Topps has announced the minting of one of the rarest baseball cards in the world as the company has revealed it plans to auction the digital collectible on March 1st through the 4th, next month. According to the Topps website, the firm is auctioning the Topps 1952 Mickey Mantle card which is a highly sought after collectible in the real world. The physical card has an estimated worth of around $5.2 million as the card was purchased for that price by the entrepreneur and actor Rob Gough last year. According to Beckett's sources, the card Gough purchased is one of six cards that have a grade of Mint PSA 9. Topps says the 'Timeless Collectible' sale is backed by Major League Baseball (MLB) and Mickey Mantle's estate. 'Deep within the annals of just a few prized collections comes a coveted vintage relic transformed for the Digital Age,' Topps says. The candy and collectibles company further added: As the Topps 1952 Mickey Mantle Card continues to be one of the world's most rare collectibles, fans will now ... read More

Luxury Auction House Sotheby's Plans to Auction 104 Cryptopunks Wo...

    On Tuesday, the British-founded American multinational luxury auction company Sotheby's, headquartered in New York City, announced the auction house is planning to auction a lot of 104 non-fungible token (NFT) Cryptopunks. The lot of 104 NFTs is predicted to fetch around $20 million to $30 million in USD value, according to Sotheby's.Sotheby's 'Punk It!' Auction to Sell 104 Cryptopunks The luxury auction house Sotheby's plans to auction 104 Cryptopunks on February 23, according to an announcement from the company's official Twitter account. 'Cryptopunks get the Sotheby's treatment,' the company tweeted. 'Our next Sotheby's Metaverse sale 'Punk It! 104 Cryptopunks. 1 Lot.' will be a landmark LIVE Evening Auction on February 23. A truly historic sale for an undeniably historic NFT project.' The lot of 104 Cryptopunks was originally purchased in July 2021 for $7 million in a single Ethereum block. According to reports at the time, the buyer purchased the 104 NFTs by paying the miner a bribe of five ethereum (ETH), and the acquisition bumped up the floor price for the entire collection of 10,000 Cryptopunks. The individual who purchased the 104 Cryptopunks discussed the acquisition in a Twitter thread during the first week of August 2021. The buyer dubbed '0x650d' explained it was kind of like buying bitcoin (BTC) below $10 per unit. 'You're wishing you could go back in time and buy Bitcoin below $10, back when you thought it was a fad or there would be dozens of coins like it,' ... read More

Bitcoin Begins Bounce From 7-Year Bull Trend Line — Is This The Bo...

    Bitcoin price is now above $40,000, up more than 20% from the lows set in late January. Despite the recovery, common sentiment across the crypto community, analysts, and more is that the bottom is nowhere near in.  Meanwhile, BTCUSD has began its recent bounce from a seven year secular bull trend line. Could that fact combined how few are expecting a bottom be the best case for why one might already be in? Contrarian Take: Crypto Market Sentiment Would Be Blind To A Bottom In a flash, Bitcoin has risen back above $40,000 – still a far cry below the $100,000 end of year 2021 targets the crypto community, analysts, mathematical models, and more had been projecting.  The current collective expectation from that very same crowd is that the current rally is nothing more than a “bull trap” and a revisit to $30,000 and even lower is all but guaranteed.  Related Reading | Bitcoin Death Cross 2022: What You Need To Know About The Deadly Signal Often when the consensus expects one direction, the market moves in a contrarian manner. With market participants sold on the idea that a downtrend will continue, the current bounce could end up leaving many behind.  Especially when the bounce itself began at a seven year secular bull trend line – and a trend line that put in two bear market bottoms.  A look at the seven year secular bull trend line | Source: BTCUSD on The Bitcoin Trend Line That Just Won't Stay Broken The chart a... read More

GensoKishi Online Initiates First NFT Auction

    PRESS RELEASE. GensoKishi Online Metaworld is a GameFi and metaverse incarnation of GensoKishi Online, which received the 'Game of the Year Gold Award' in Taiwan 10 years ago. The game leverages blockchain technology to build a digital world ecology, and GenoKishi Online Metaworld thus blends characteristics of Web 3.0 with the metaverse. Its ultimate goal is to create a metaverse environment that is larger than the physical world and will continue to develop in the foreseeable future. Most recently, GensoKishi has announced the launch of its first ever NFT auction, scheduled to take place from February 7th at 08:00 AM UTC to February 14th till 07:59 AM UTC. The auction shall be for GensoKishi's 'Cosplay' NFTs. Auction details This auction shall accept bids for a range of Cosplay NFTs as aforementioned, including Legendary, Super Rare, Rare, and Normal NFTs. Legendary NFTs in particular are unique creations and are highly sought after as only one has been minted within the entire metaverse so far. Moreover, following its record-breaking debut and listing, GensoKishi anticipates a surge of bids on the day of the auction itself and hopes to see many of its fans and supporters in attendance. Also, once the auction officially begins, the wallet addresses which will be used for bidding purposes shall be released to the public. The bids will be accepted by either USDT (Polygon) or USDT (ERC-20). Furthermore, after a bid has occurred, the wallet address as well as the bid amount wil... read More

NFT 'ETH in Mellieha' Set to Go on Auction for Legal Rights ...

    ETH in Mellieha is the latest in a long line of NFT experiments that aim to challenge traditional values and concepts of art and ownership. This particular project is being advised by Mamo TCV Advocates, one of Malta's leading law firms. At the core of ETH in Mellieha is an Oil Painting that No Longer Exists Local artist Debbie Bonello was commissioned to create an oil painting of a car that featured ETH on its number plate. After the painting was finished, it was to be burnt during a ceremonial bonfire event attended by Bonello's friends and family, as well as members of the local and national Malta government. Before the ceremonial destruction of the painting and all associated sketches, it was digitized by photographer Matthew Mirabelli and minted as an NFT. This NFT will now go on to be auctioned off to the highest bidder, along with the legal ownership rights to the actual ETH number plate under Malta law. Mamo TCV Advocates Involvement is Key to the Project Although NFTs that are bundled with rights to assets have been done before, ETH in Mellieha endeavoured to make sure this project was of sound legality, by drafting in one of Malta's leading law firms to draft the terms and conditions and oversee the eventual transfer. Mamo TCV has confirmed via liaison with Transport Malta that whoever wins the auction will be entitled to ownership of the customised number plate, regardless of whether they own a car and/or whether they are a resident of Malta themselves. The Coun... read More

Second Parachain Auction Winner Moonbeam Goes Live on Polkadot

    Polkadot's parachain smart contract platform with Ethereum compatibility, Moonbeam, has recently completed its pre-launch process and is now live on the Polkadot network. Moonbeam Launches on Polkadot Announcing the launch on Tuesday, the project's team noted that Moonbeam is the first fully operational parachain on the Polkadot blockchain. With the release, the protocol will pave the way for over 80 projects in its ecosystem to be deployed. Earlier in October, Moonbeam won the second Polkadot Parachain Auction after seeing over 35 million DOT worth more than $1.4 billion contributed by its supporters from across the globe. With Moonbeam now live on Polkadot, it intends to bring several new integrations, activities, and users to boost the Polkadot ecosystem and contribute to the growth of the network. Per the announcement, Moonbeam removed the superuser key, Sudo, during its last launch phase. As a result, the control of the network will now be transferred to the token holders. Balance Transfers Additionally, Moonbeam has also enabled balance transfers and Ethereum Virtual Machine (EVM) on its platform. The balance transfer will allow users to stake and start claiming rewards from the crowd loan. After this development, the chain will be overseen by the token holders using Moonbeam's governance system. The active set of collectors has also been increased to 48. Following the launch, GLMR token holders can stake with collectors, claim crowdloan rewards, and serve as active net... read More

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