Crypto exchange Korbit has launched South Korea’s first NFT marketplace

South Korean crypto exchange Korbit has launched a non-fungible token (NFT) marketplace, enabling NFT creators and investors in the region to participate in the NFT ecosystem. Korbit claims this will be the first NFT marketplace in South Korea. “The local NFT market is still in a fledgling stage, compared to global ones, and the Korbit platform will help create synergy …

Project Review: BakeryTools

Overview Name: BakeryTools Token ticker: TBAKE Website: https://bakerytools.io/ Hard Cap: 496,800 USD Pre-Sale: CLOSED – 28th of April 2021. Hard Cap reached. Whitelist: / KYC: / Jurisdiction:  Token Type: Binance Smart Chain Countries Excluded: / Sale Date: CLOSED – 1st of May 2021. Hard Cap reached Token Distribution: (35%) Public Sale (25%) Private Sale (20%) Liquidity (10%) Team and Advisors …

Project Review: Merchant Token

Overview Name: Merchant Token Token ticker: MTO Website: https://merchanttoken.org/Whitepaper Hard Cap: 37,404,503 USD Pre-Sale: The project is sold on a launchpad. As of the 8th of May, the project has already raised 50 M USD. Whitelist: / KYC: / Jurisdiction: Sweden Token Type: ERC-20 Countries Excluded: / Sale Date: April 1st until June 30th or they hit the end of …

Bitcoin and Ethereum usage fees drop 70–80% as market slide continues

Bitcoin and Ethereum usage fees drop 70%–80% as market slide continues Transaction fees are falling rapidly on Bitcoin and Ethereum as the coin prices of both recede from recent peaks. Transaction fees on Bitcoin and Ethereum have fallen by 81% and 71%, respectively, over the last few weeks as the broader cryptocurrency market continues to descend from its recent all-time …

Vitalik burns $6.7B of Shiba to reward generous hodlers

Vitalik Buterin has burned nearly half of Shiba’s supply in response to the “generosity” of the “dog token communities.” Ethereum co-founder Vitalik Buterin has burned nearly half of the supply of the popular Dogecoin (DOGE) clone Shiba Inu (SHIB). In a statement embedded into the transaction on Sunday, Buterin explained why he had decided to burn $6.7 billion worth of SHIB …

These Crypto Projects on Polkadot Could Bring Huge Gains to Investors, Says Trader Elliot Wainman

Popular crypto analyst Elliot Wainman says several low-cap and upcoming crypto projects could explode in value due to their associations with the Polkadot (DOT) ecosystem. Wainman tells his 327,000 YouTube subscribers that he’s betting big on projects that will win Polkadot parachains. Polkadot, founded by Ethereum co-founder Gavin Wood, is a relay chain that does not support smart contracts itself. …

Elon Musk tweets BTC price bottom? 5 things to watch in Bitcoin this week

It’s all about Elon as Twitter provides the backdrop to an ongoing battle between hodlers and the “Dogefather.” Bitcoin (BTC) is nearing $40,000 this week as “Dogefather” Elon Musk deals out pure pain to hodlers — what’s next? After a traumatic weekend for many crypto investors, Monday is setting the stage for the next chapter in the wild 2021 bull …

City in North Dakota now accepts cryptocurrency for utility payments

A city in North Dakota is joining the cryptocurrency adoption race in the United States by starting to accept crypto payments. Hercules Cummings, finance director for the City of Williston, announced Thursday that the city administration has partnered with crypto payment firm BitPay to start accepting cryptocurrencies like Bitcoin (BTC) as payment for utility bills. “We have partnered with BitPay, …

Ether balances on centralized exchanges fall to lowest level since June 2019

Ether balances on centralized exchanges fall to lowest level since June 2019 According to analysis from on-chain analytics provider Glassnode, the sum of Ethereum on exchanges has fallen to its lowest level for almost two years. Glassnode estimates that just 13.3 million Ether is currently held on centralized exchanges, the lowest it has been since June 2019. As such, centralized …