THE DAILY ENCRYPT

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Moledao Kicks off Global NFT Hackathon With Exclusive NFTs

PRESS RELEASE. Moledao presents MoleHack: NFT 2.0 – a global challenge to discover new innovations in the NFT space. In partnership with Bybit, Polygon, BitDAO, iZUMi Finance, Project Galaxy, thirdweb, buildspace, L2Y, Web 3 Collective and more, the hackathon has over $80,000 grants and prizes in total for builders to win. In conjunction with MoleHack:

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Will Crypto Help Russia Bypass New Sanctions?

SWIFT stands for ‘Society for Worldwide Interbank Financial Telecommunication.’ It is a cross-border payment system that allows customers all around the world to shop, send money, pay fees, and more. Now that Russia’s biggest financial institutions have been cut off from the system and the ruble has lost value, some have predicted that the country

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Why The MIT Chose Ethereum’s PoS As 2022 Top Technological Breakthrough

The Massachusetts Institute of Technology (MIT) published their 2022 technological breakthrough and included the Proof-of-Stake (PoS) consensus algorithm to be adopted by Ethereum. Posted via the MIT Technology Review, the algorithm occupies spot 6 in a top 10 rank. Related Reading | Ethereum Heads Towards 100K Transactions Per Second? Buterin Talks About Post-Merger Future Comprised

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Ebay CEO Talks NFTs and Crypto, Exec Says Company Continues to ‘Evaluate Other Forms of Payments’

The president and chief executive officer of Ebay, Jamie Iannone, discussed the possibility of digital currency acceptance on the online auction website and non-fungible token (NFT) sales in a recent interview published on February 27. Iannone stressed that currently, Ebay doesn’t accept cryptocurrencies but in March, the company plans to go “deeper on all of

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BlockWallet Officially Launches a Privacy-Oriented Wallet for the DeFi Market

BlockWallet has officially launched its privacy-oriented wallet for the burgeoning Web 3.0 ecosystem. This non-custodial wallet is compatible with several browsers, including Google Chrome, Microsoft Edge, Brave and Opera. As per the announcement, BlockWallet will introduce privacy features for users in the DeFi market. This will enable anyone to send funds anonymously while concealing their …

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Bitcoin Volumes Surge As Ruble Plummets

The cryptocurrency craze has spread to countries across Europe as people search for ways to protect their money from war-torn nations. Data from the crypto tracking site Kaiko shows that ruble and Ukrainian hryvnia-to-crypto volumes have shot up in recent days, reaching multi-month highs. Related Reading | Bitcoin Staggers After Putin’s Nuclear Deterrence Alert Warning …

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Blockchain-Powered Game WonderHero Sees Average Player Incomes Reach $1,215 Within Weeks Of Launch

As the most recent advancement in the gaming industry, the concept of play-to-earn (P2E) gaming has garnered mainstream popularity, especially as gamers seek new income opportunities during the pandemic. Through P2E, individuals can generate passive returns while playing certain games. The concept has become so popular that scattered cases have emerged worldwide whereby players earn …

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