Karikari Daniel
I am an avid crypto and blockchain content writer with over 3-years of experience. I am open to writing your PR, blog, news articles, and other crypto-related content anytime.
Articles by Karikari Daniel
2 years ago
1 min read
Anatoly Yakovenko, co-founder of Solana, stated that the ten partial or complete outages and lengthy block times that the blockchain experienced in 2022 are not the experience that they want to deliver. Yakovenko claims that while network outages and reliability problems plagued the network over the past year, recent updates will help the blockchain’s reliability problems. On November 5, Yakovenko spoke about the blockchain’s past and future in Lisbon, Portugal, at the Breakpoint 2022 annual conference, pointing out challenges the network has recently faced. He said, “We’ve had a lot of challenges over the last year, I would say this
2 years ago
1 min read
Today marks the launch of a private beta for Kraken’s NFT marketplace, which will be accessible to everyone who joined the waitlist. Customers on the waitlist will be able to access the non-fungible token (NFTs) market that Kraken’s cryptocurrency exchange will launch today in private beta. Kraken NFT opened a waiting list in May. Although the marketplace was supposed to open in the summer, there were a number of delays. During the beta launch, the market will give users access to more than 70 NFT collections from the Solana and Ethereum ecosystems, a Kraken representative said. Customers won’t pay any
2 years ago
1 min read
Revolut, a British fintech and banking company, has decided to introduce a new feature called “spend from crypto.” This feature assists customers in converting their crypto balances into fiat money. In essence, this will make it easier for Revolut cardholders to sell their crypto assets and instantly transfer the funds to their credentials to pay for everyday purchases. Customers can pay for e-commerce and in-person purchases online. The conversion transaction will be subject to the current exchange rate, and exchange fees will be charged based on the user’s subscription plan. Revolut will give its customers 1% cashback on digital assets
2 years ago
1 min read
GameStop’s NFT marketplace is powered by Immutable X, a layer-two scaling solution for NFTs on Ethereum. The video game store industry is declining, but it is poised to become a major player in the NFT gaming industry, competing with crypto-native gaming NFT platforms such as Fractal, founded by Twitch’s Justin Kan. The GameStop marketplace will include assets for Immutable X games like Gods Unchained, Guild of Guardians, and Illuvium, as well as other web3 games. In addition, the company stated that using Immutable X’s Ethereum scaling, all transactions will be fee-free and offer carbon-neutral minting. In February, Immutable, the company
2 years ago
1 min read
Vitalik Buterin, the founder of Ethereum, joined the ongoing discussion on cryptocurrency regulation over the weekend. Sam Bankman-Fried, the CEO of FTX, has come under fire for his opinions regarding DeFi regulation. After stating that it “feels unfair to let other people get attacked by CT but never actually poke my own head out,” Buterin made the decision to express his ideas. According to Vitalik, the cryptocurrency sector needs more time to develop before receiving more attention, so it shouldn’t be pursuing “large institutional capital at full speed.” The creator of Ethereum argued that the market needs to be “free
2 years ago
1 min read
Visa, the world’s largest credit card company, has filed a number of trademark applications, implying a larger foray into crypto markets. On October 27, licensed trademark attorney Mike Kondoudis revealed Visa’s most recent trademark applications. The applications indicate that the company intends to develop or launch its own digital asset wallet. Software for managing digital, virtual, and cryptocurrency transactions, as well as cryptocurrency wallets, were included in the two trademark filings. In addition, provisions were made for auditing cryptocurrencies, utility tokens, and blockchain assets. Furthermore, the trademark applications extended beyond cryptocurrency transaction software and wallets. They also included nonfungible token
2 years ago
1 min read
This week, an alleged phishing scammer using the alias “Monkey Drainer” allegedly stole around $1 million in Ethereum (ETH) via dubious copycat NFT minting websites. ZachXBT, a well-known blockchain sleuth, was among the first to track and highlight the activity. Longer term, the blockchain scam investigator claims, Monkey Drainer has allegedly stolen more than $3.5 million from their schemes, with “that number rapidly increasing by the day.” Phishing scams frequently involve criminals sharing links to websites impersonating real projects or companies in order to dupe victims into handing over private information by promising a lucrative purchase or free promotion. Four
2 years ago
1 min read
Sushi DAO’s DAO governance and protocol administration will be divided among three new entities. Sushi DAO, the community in charge of the decentralized exchange (DEX) project SushiSwap, has approved a new legal structure that will establish three new corporations to operate the DAO and the protocol. SushiSwap’s management is now split between a DAO comprised of community members with voting rights and a project team that maintains the protocol. This new arrangement will result in the formation of three new entities: a Cayman Island-based DAO foundation, a Panamanian foundation, and a Panamanian business. The Sushi DAO approved the plan unanimously.
2 years ago
1 min read
Despite the fact that last year’s Metaverse Music Festival had 80 virtual performers and 50,000 attendees, Decentraland boasted that this year’s festival would be “bigger and better.” In a press release, Decentraland announced it will hold this year’s Metaverse Music Festival on November 10–13, which will include Web3’s “best music talents.” To attend, go to the Decentraland metaverse and enter the virtual musical space for free—there are no tickets or VR headsets required, and everyone is welcome. It’s little surprise that Decentraland’s music festival was labeled one of the “most extensive metaverse experiences on the world” last year. 3Lau, Paris
2 years ago
1 min read
With 21 initial validators, gaming blockchain Oasys has made the final preparations toward launching its mainnet. There will be three initial phases, with the first beginning today. According to a business announcement, validators will begin taking over activities on all nodes, ensuring that Oasys Layer 1, the Hub-Layer, can maintain steady performance. The second phase, which will begin integrating its Layer 2 Verse-Layer on top of the existing foundation, is scheduled to begin in the second week of November. The blockchain hopes to incorporate the Oasys-Hub, a front-end user site, in phase three on November 22. The blockchain has already
2 years ago
1 min read
In order to avoid another stablecoin crash and crypto contagion, the NEAR Foundation is taking steps to assist USN holders. The NEAR Foundation stated on October 24 in a blog post that it has set aside $40 million for a “USN Protection Programme” grant. The fund is intended to protect USN holders and users by ensuring that the stablecoin may be redeemed 1:1 with USDT. The USN Protection Programme fully covers the $40 million USD collateral deficit. This difference is constant and unrelated to the $NEAR token pricing (and $NEAR has never had a hardcoded burn/mint relationship to USN). Given
2 years ago
1 min read
DeFiLlama, a DeFi data platform, has created a new tool to help token farmers identify more yielding farming possibilities. Delta Neutral Yields, a product that DeFiLlama has been working on for months, was announced on October 23. The technology searches the platform’s enormous database for possibilities where users can borrow tokens to farm with. It says that with the new approach, yields of more than 20% are possible with BTC, ETH, and USDC. On its website, DeFiLlama provides the strategy finder for free. The caution is that many of the proposed coins have little liquidity and may be associated with
