Ether Cards NFT Platform Rewards Early Users with Dust Token Airdrop
Every Ether Card holder has received and will continue to collect Dust ($Dust) tokens that can be used to exchange for 27 CryptoPunks worth around $10,6 million Singapore / SEAPRWire / October 11, 2021 / – Ether Cards, the leading dynamic NFT platform whose technology has brought real-world utility to the creation of dynamic NFTs of Steve Aoki, LaMelo Ball, and Mike Tyson NFTs, has airdropped 27 million Dust tokens to the entire Ether Cards NFT collection which consists of 10,000 unique NFTs. The 27 million Dust can be exchanged for up to 27 CryptoPunks starting on October 8, marking it as one of the largest airdrops of 2021. The 27 CryptoPunks up for exchange are worth around $10,6 million, according to the NFT price estimation service DappRadar. The 27 CryptoPunk pool can be viewed on Larva Labs website. This airdrop marks the significance of Ether Cards’ position in the Dynamic NFT space as it prepares for the public launch of its NFT self-serve platform. Ether Cards’ self-serve platform allows any artist, brand, athlete, or public figure to create, launch and manage dynamic NFTs to engage, grow, and monetize their communities. Andras Kristof, Ether Cards Founder and CEO, says, ...
Ethereum founder says upgrade sets stage for energy usage cut
LOS ANGELES (BLOOMBERG) - The most significant change to the Ethereum blockchain since 2015 that went into effect on Thursday (Aug 5) shows the network is well-poised to make an even bigger upgrade to reduce its energy use by 99 per cent, according to its inventor Vitalik Buterin. The world's most-used blockchain updated its software, known as the London hard fork, that includes a fee reduction feature called EIP 1559. The fee cut already eliminated US$2 million (S$27 million) worth of its native cryptocurrency Ether in only a few hours since taking effect, according to tracking website ultrasound.money. That could put upward pressure on the price of Ether going forward. "1559 is definitely the most important part of London," Mr Buterin said in an interview with Bloomberg News from Singapore. The London upgrade is "proof that the Ethereum ecosystem is able to make significant changes". Ethereum and better-known-rival Bitcoin both operate using a proof-of-work system that requires a global network of computers running around the clock. Software developers at Ethereum have been working for years to transition the blockchain to what is known as a proof-of-stake system - which uses a t...
Ether extends gains to fresh record above US$3,400
SINGAPORE (REUTERS) - Cryptocurrency ether extended gains to another record peak on Tuesday (May 4), after breaking above US$3,000 (S$3,988) for the first time a day earlier as investors bet on its growing utility. Early in Asia trade it traded as high as US$3,457.64 on the bitstamp exchange, for a session rise of about 17 per cent. Traders have attributed the gains - which amount to some 365 per cent for the year to date - to a catch up on bitcoin's late 2020 leap and as upgrades to the ethereum blockchain make it more useful. The ether/bitcoin cross rate stood at its highest in more than two-and-a-half years on Tuesday while bitcoin was steady at US$57,295. More on this topic Related Story Move over bitcoin, ether rockets to record high Related Story Digital dollar to rival bitcoin?
Ethereum hits fresh record, eyes US$3,000 barrier
SINGAPORE (REUTERS) - Cryptocurrency ether hit a record high on Monday (May 3) to trade within a whisker of US$3,000 (S$3,990), extending last week's rally in the wake of a report that the European Investment Bank (EIB) could launch a digital bond sale on the ethereum blockchain network. Ether hit US$2,989.95 in early Asia trade. It is up about 300 per cent for the year so far, outpacing a 95 per cent rise in the more popular bitcoin. Ether is the digital currency or token that facilitates transactions on the ethereum blockchain and it is the second-largest cryptocurrency by market cap behind bitcoin. Bloomberg reported last Tuesday, citing unnamed sources, that the EIB plans to issue a two-year 100-million euro digital bond. Bitcoin traded slightly softer at US$56,396 on Monday. More on this topic Related Story Digital dollar to rival bitcoin? Related Story Central bank digital currencies could disrupt financial systems