🚀Steve Harvey Joins The Solana NFT Hype!🔥

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🚀Steve Harvey Joins The Solana NFT Hype!🔥

Have a terrific Thursday, Geckos!

 

On September 8, the Ukrainian Parliament passed the draft legislation "On Virtual Assets," legalizing cryptocurrencies in the nation for the first time.


The Ministry of Digital Transformation in Ukraine will supervise the implementation of the new laws and steer the industry's growth in adherence with "international standards."


According to Anastasia Bratko of the Ministry of Digital Transformation, the law allows firms to establish virtual asset exchanges in Ukraine and authorizes banks to "open accounts for crypto companies."


In today's news, Steve Harvey updates profile picture to a Solana NFT, Eden Network secures $17.4 in seed funding, and Polygon partners with Decentral Games to boost P2E.


Read on!

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With the recent launch of the $180 million 'Avalanche Rush' incentives program, the Avalanche network has become the new hotbed for DeFi activity, with more projects and yield farms popping up over the past few weeks.

Take a sleigh ride with our analyst, Win Win, as he brings you on a yield farming adventure through Avalanche.

24h Hot Searches Worldwide 👀

  • dYdX                                    (-16.0%)

  • Aurox Token                      (+58.4%)

  • Utrust                                  (+4.3%)

  • Chromia                              (+6.9%)

  • Raydium                             (+41.0%)

  • Solana                                 (+29.3%)

  • Fantom                                (+31.6%)

Solana NFT's Are On The Rise

 

Today, Steve Harvey has updated his Twitter profile picture to a Solana-backed Monkey Business NFT, a collection of 5,000 randomly generated pixelated monkeys.


NFTs on Solana were not even a subject of discussion among collectors a few weeks ago, but suddenly demand for Solana (SOL) NFTs is skyrocketing.


According to Solanalysis statistics, NFT collectibles on Solana produced $94 million in trade activity over the previous week.

 

Decrypt

Polygon X Decentral Games

 

Polygon (MATIC), a leading full-stack Ethereum scaling solution, has strategically partnered with Decentral Games (DG) to promote "play-to-earn" games.


Decentral Games will utilize Polygon's Proof-of-Stake (PoS) blockchain as an ultra-low fee, carbon-neutral, sustainable, and efficient base of operations to enhance and scale its games.


Ethereum-backed Decentral Games has been building its L2 solution on Polygon since 2019, becoming one of the most significant transaction sources on the Polygon network.

 

Yahoo Finance

Eden Secures $17.4M Seed Capital

 

Eden Network (EDEN), an Ethereum (ETH) transaction protocol, has secured $17.4 million in seed funding from some of blockchain's most prominent venture firms.


The financing round was led by Multicoin Capital, with participation from other major venture capital firms, including Alameda Research, Jump Capital, Wintermute, GSR, and DeFiance Capital.


On Wednesday, the firm stated that the funds will be used to support Eden Network adoption among developers, miners, and users.

 

Cointelegraph


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Validator


In contrast to mining on a Proof of Work blockchain network, Proof of Stake blockchain networks are secured by a distributed consensus of dedicated validators who have staked (locked into the network) a significant amount of token as long as the validator nodes are running.


Validators are queued for block-signing based on a combination of random selection, amount (weight) staked and length of time staked (age), and others depending on the design of the consensus algorithm.

 

Learn about other Crypto terms here

NFT of the Day 🖼️

Settlement #2

Gallery: Settlements

 

Settlements are a turn based civilisation simulator stored entirely on chain, go forth and conquer.


Check out other NFTs on CoinGecko

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