Cardano network adds over 70,000 wallets in 30 days despite price falls

The number of wallets on the Cardano (ADA) blockchain has grown by more than 70,000 over the last 30 days, even when the ADA’s price declined along with the rest of the crypto market. Meanwhile, ADA whales’ transactions have risen to a 4-month high ahead of an upcoming hard fork, which will improve the network’s…

Dubai’s Museum of the Future and Binance NFT to launch the inaugural NFT collection

Museum of the Future, a futuristic Emirati museum in Dubai, has teamed up with leading crypto exchange Binance to cultivate and present a collection of NFTs. Celebrating International Museum Day, the museum, deemed the world’s most beautiful and futuristic building, is introducing a brand new concept that talks about the possibilities of the future. Launched…

ECB official: Digital Euro could come out by 2026

The European Union could issue a digital euro within four years, a senior official from the European Central Bank (ECB) said. Peer-to-peer payments could be a first test case, though no final decision has been made yet. “At the end of 2023 we could decide to start a realization phase to develop and test the…

Spotify starts testing NFTs on its platform

Spotify is reportedly testing the option to include NFT galleries on musicians’ profiles. The test is currently available to select Android users across the United States. Should the trial succeed, artists may soon be able to promote their NFTs on their profiles. Spotify, a major music streaming platform, is testing a new feature that allows…

Ethereum’s ‘huge testing milestone’ in preparation for Proof-of-Stake

Ethereum’s main public testnet, Ropsten, which allows for blockchain development testing before deployment on the mainnet, is estimated to undergo “the Merge” on June 8 in preparation for the main Ethereum blockchain to switch to proof-of-stake (PoS) consensus. Parithosh Jayanthi, who works in devops at the Ethereum Foundation, merged the pull request on GitHub today,…

Andreessen Horowitz launches $600 million fund focused on metaverse gaming

On May 18, venture capital firm Andreessen Horowitz (a16z) announced the launch of a $600 million fund focused on metaverse games. A16z is looking to expand its reach into the gaming industry, which generated more than $300 billion last year. With the new fund, named “Games Fund One,” the team plans on investing in various…