The high volatility in the cryptocurrency market seems to be fading as the price of the popular digital coins are now stabilizing. At the time of publication, Bitcoin is trading at $38,948, up by 4.1% in the last 24 hours. Ethereum has also witnessed a rise of 5.7% and is currently trading at $2,841.57. Dogecoin witnessed a fall of 4%. It is currently trading at $0.402575.
Let’s find out some interesting crypto news for today.
Crypto.org announced that Phase I of Canis Major is now live. It is the first NFT that is minted on the chain. With this launch, the NFT operations which are supported are minting, transferring, and burning. Crypto.org chain is the next-gen blockchain enabling worldwide transactions between businesses and people.
It’s official. Canis Major – Phase I of the https://t.co/FaauJaS19Z Chain is live 🚀 Now supporting the following NFT operations:
— Crypto.com (@cryptocom) June 3, 2021
With the growing concern around climate change, Enjin is planning to introduce a plan to enable carbon NFTs by 2030, which means that a trade-off between financial equity and environmental sustainability is no longer needed. The plan that they have contains five steps. The first step is to decarbonize newly-minted coins. This they would do with the help of JumpNet and Efinity. The second step is to tokenize the physical economy. This they will try to do by collaborating with a variety of brands who will express themselves through virtual NFTs. Step three is that they would decarbonize existing tokens. Lastly, they would upgrade to carbon-neutral nodes and then incentivize carbon reduction and removal technologies.
Beyond free transactions, did you know JumpNet uses 99.99% less electricity than Ethereum?
— Enjin (@enjin) June 2, 2021
Nervos has announced its latest product launch with IOHK, which is a cross-chain bridge connecting the Cardano and Nervos networks. This bridge will allow users to use the native currencies of both networks interchangeably. Furthermore, users can also create their own tokens on both the blockchains. This bridge will act as a milestone for Nervos as it is the first bridge, apart from Ethereum, to connect with the Nervos ecosystem. Mousebelt, a blockchain accelerator, will build the bridge with the help of a grant from Nervos. The work has already commenced and is expected to be completed in the coming six weeks.
— Nervos (@NervosNetwork) June 2, 2021
Plasma Finance allows users to earn passive income via its liquidity mining and staking programs. Plasma Finance has made it easy to earn from liquidity mining by creating liquidity pools. This is the process by which users will add their capital in a common pool and earn a portion of all the fees which are generated. Plasma Finance provides transparent, real-time analysis of all the available liquidity pools on their major networks. In addition, the user can also create his own liquidity pool. There is another way through which you can earn passive income and that is through staking. So, through holding and staking, anyone can have their own share of Plasma Finance’s future.
NFTify announced it will host the first ever fantasy sports NFT store, which is being launched by Rage.Fan. Through NFTify’s AI-driven search engine, both buyers and sellers would be able to protect their NFTs. NFTify has come like a rescue for Rage.Fan since Rage.Fan was in a need of an e-commerce solution where its users can exchange NFT-backed cards. Additionally, the NFT shop of Rage.Fan will utilize the NFTify platform for issuing and selling NFTs at low fees, promote NFT products, and would be able to research duplicate tokens. The players in Rage.Fan can earn through NFTify by buying, selling, and trading sports cards cross-chain.
We are really excited to introduce our FIRST fantasy sports #NFT card shop on $NFTify: @RageFanSocial
✅Securely store NFT-backed assets
✅Buy, sell, and trade sports cards cross-chain
✅Use NFTify AI Services for copyright, duplicates & forgerieshttps://t.co/onra4rqhQN
— NFTify – The Shopify for NFT (@nftify_official) June 2, 2021
Star Atlas has released a series of 14 high-definition meta-posters, which blur the line between the real and virtual worlds. Each poster offers its own AR experience. Users can combine posters with other posters in order to get access to unique rewards. By collecting meta-posters, users unlock a treasure chest of exclusive rewards and perks. The platform will drop the rewards into the wallets of eligible meta-poster owners after the ReBirth sale. These drops would happen every Saturday, for 14 weeks, starting from April 24, 2021.
🔆 ReBirth Alert 🔆
Starting with The Assassination of Paizul, ReBirth meta-posters are now available exclusively on the Star Atlas Marketplace.
Get yours now. 🚀🌌 → https://t.co/Ede48Jefoy
— Star Atlas (@staratlas) June 2, 2021
Crowny has launched its first sneak peek into the UI of their staking programs. Crowny offers a bridge between the brand and the consumer. Users of the application will be able to subscribe to channels and the brands that they are interested in. The platform rewards users with CRWNY tokens when they interact with the content.
First glimpse of the UI of our $CRWNY staking programs!
Want to see a sneak peak? Check it out 👇 pic.twitter.com/azaa9BUPA6
— Crownyio (@crownyio) June 2, 2021
Human Protocol has announced its first integration with Solana. This integration will help Human Protocol by offering exceptional transaction speeds of around 50k transactions/second at a low cost. Human CVAT is the first application on the protocol for which Solana has developed a portal to. Users will be able to view CVAT jobs on Solana. They can then click the links, enter their Solana wallet address and begin solving jobs.
1/2 #Solana has integrated with #HUMANProtocol! This is the first demonstration of HUMAN Protocol’s #mainchain operability. #Solana is the first L-1 to fulfil all the criteria for integration, and now a #HUMANProtocol powered app is available for use with a #Solana wallet.
— HUMAN Protocol (@human_protocol) June 3, 2021
In our last bit of crypto news for today, we have Efinity announcing the registration for its Efinity Token Sale is now open. The sale would begin on June 24, 17:00 UTC. The price is $0.2 per token. The total supply of tokens is 100 million. The Efinity blockchain is a cross-chain NFT network powered by the Efinity token and is built on Polkadot.
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