The expensive auction on OpenSea is a continuation of a pattern whereby celebrity estates are creating blockchain-based posthumous collectibles.
The company said that NFT collections and limited-edition projects from certain artists can be released on their own drop pages.
Lachlan Feeney, the CEO of Labrys, is trying to get validators who use Flashbots' software to understand that they may be contributing to censorship on the Ethereum network.
What’s Happening with Cryptocurrency?
Cryptocurrency is going mainstream — and becoming increasingly difficult for investors to ignore. Coinbase made headlines recently as the first crypto exchange to go public on the Nasdaq, and established firms like Fidelity are adding crypto to their investment offerings.
“Crypto is going through the lull that the internet went through,” Cuban highlighted, adding that "the use of Smart Contracts to improve business and profitability" will be the next driver, though "the chains that copy what every one else has, will fail." Stablecoins aren't as "stable" as advertised.
There are now over 15,000 cryptocurrencies on the market. Meanwhile, the growth of DeFi and smart contracts is accelerating. These technologies will become part of a global financial platform that could eventually challenge mainstream institutions.
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