Alibaba Cloud has unveiled a collaboration with layer-1 blockchain Avalanche, and MUA DAO, a service layer provider. The alliance, announced at the Avalanche Summit II event, seeks to establish Cloudverse, a metaverse launchpad that assists businesses in creating, deploying, and managing their unique metaverse environments on Avalanche’s blockchain. The Cloudverse Platform Cloudverse aims to support businesses with the customization and integration of metaverse environments. MUA DAO will act as the service layer, aiding in the implementation and personalization of metaverse spaces for custome ..read more

FTX, the insolvent crypto exchange, now possesses several high-profile non-fungible tokens (NFTs), including Bored Ape, Azuki, Otherdeed, and Mutant Ape. Coinbase director Conor Grogan tweeted about the transfer of Bored Apes NFTs and others to FTX’s multi-signature wallet, including $100,000 worth of Hape Prime NFTs purchased by Alameda. Data from Dune Analytics indicates that FTX’s estate holds a collection of NFTs valued at over $4 million, including 32 BAYC, 7 Azuki, 29 Otherdeed, 81 Sandbox Land, 6 Hape Prime, 2 MAYC, and 12 BEANZ. It’s confirmed that these Apes now belong to FTX credi ..read more

Cardano’s daily active addresses spiked recently, suggesting increased usage.  Social volume too went up, but the number of ADA holders declined.  Several blockchains struggled to increase their network value, but Cardano [ADA], on the other hand, exceeded expectations. Artemis’ data revealed that Cardano’s TVL has increased consistently over the last six months. According to the tweet, the seven-day moving average was $154 million, which was a level last seen in May 2022. Over the last six months, $ADA TVL has consistently increased. Currently, the seven-day moving average sits a ..read more

Vent Finance · Follow 3 min read · 1 hour ago — There’s an AI for everything nowadays. But there isn’t a blockchain for all things AI — until HyperCycle. The original layer zero blockchain, Hypercycle is a fully interoperable base blockchain for connecting L1, L2, sidechains and AI protocols. Here’s more on HyperCycle, the latest project launching on VENT. A base blockchain for interconnecting AI model The next level of Artificial intelligence is decentralized interoperability. Some sort of seamless interconnectedness among multiple independent AI models–and Hype ..read more

Celebrating the success of their first genR5 NFT drop, Renault has announced the launch of its second collection – the RACING SHOE5 series. This new collection showcases a unique fusion of style and technology, paying tribute to the company’s rich history and passionate fans. Unveiling the RACING SHOE5 Series The RACING SHOE5 series features 960 limited-edition sneakers, each connected to a “digital twin” NFT in the form of a 3D artwork registered on the blockchain. This NFT grants access to an exclusive meet-up with Renault designers at the company’s Research and Development Center and unlock ..read more

CEO Anthony Mongiello has revealed plans for the Bulls and Apes Project (B.A.P.) to amp up its community engagement, gamification of its ecosystem and marketing campaigns. Bulls and Apes Project is firing on all cylinders, with multiple community initiatives launching in the coming weeks. Despite uncertain times for the Web3 and crypto space, the self-funded B.A.P is building feverishly, and its community is reaping the benefits. Ready to get your hands on some loot? B.A.P. are currently running a MASSIVE giveaway with over 40 ETH in prizes up for grabs! This raffle, better known as the Gimme ..read more

If you’re a fan of memes and looking for a community where you can share, create, and discuss your favorite meme content, Memeland is the place to be. As a project by 9GAG, a leading social media platform for memes with over 400 million monthly active users, Memeland is a fun, creative, and ever-growing community that brings the world of memes and NFTs together.  In this article, we’ll discuss the benefits of joining Memeland, explore its unique meme collections, and explain how you can get involved in this exciting project. The Origins of Memeland 9GAG, a social media platform ..read more

In a landmark case, Nathaniel Chastain, previously a product manager at OpenSea, was found guilty of fraud and money laundering related to insider trading of NFTs. This marks the first-ever NFT conviction involving digital assets of this nature and could potentially trigger wider implications for NFT regulation. Unraveling Chastain’s Tactics Chastain exploited his insider knowledge to purchase NFTs that were scheduled to be displayed on OpenSea’s homepage. Subsequently, he sold these NFTs at a profit shortly after their promotion. By leveraging his privileged information, Chastain illicit ..read more

With the expected launch of Meta’s Oculus Quest 3 in 2023, the company emphasizes its commitment to keeping virtual reality accessible and affordable. Despite experiencing some setbacks in its VR endeavours, Meta remains steadfast in its pursuit of shaping the future of the industry.  In this article, we will explore the potential pricing strategy, the obstacles Meta must overcome, and how the Quest 3 could distinguish itself from competitors in the market. Affordability and the Quest for Success Meta has announced that the Oculus Quest 3 is likely to be priced around $399, which is in li ..read more

Charli3 · Follow 2 min read · 1 hour ago — We are happy to bring an update on the focus of the bridge for Charli3 holdings. Since the Nomad bridge hack of August 1st, 2022, many token holders on ERC20 have been stuck with their investments on the Ethereum platform. This situation is very unfortunate and we have discussed it many hundreds of times internally as well as in the community. We are happy to announce that we are bumping up the development of the bridge ahead of other products! initially, we felt we needed the ODV and VRF products out first, to ensure pr ..read more