The waitlist for Coinbase NFT, a peer-to-peer marketplace for non-fungible tokens (NFTs), has already seen over 1.4 million signups, and that’s in less than 48 hours since the San Francisco-based crypto exchange announced the imminent launch of the platform on Tuesday.

Slated to open before the end of the year, Coinbase NFT, according to the original announcement, “will make minting, purchasing, showcasing, and discovering NFTs easier than ever.”

“Just as Coinbase helped millions of people access Bitcoin for the first time in an easy and trusted way — we want to do the same for the NFTs,” the company said.

Coinbase NFT Marketplace and Social Feed Coming This Year
At press time, the waitlist counter for Coinbase NFT has reached 1,427,450 and with such a ratio of signups could be well on its way to surpass 2 million by the end of the day—provided technical issues don’t slow the process down.

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Ai Miura, the first woman ever to win the Japanese Formula 3 racing championship, becomes part of the non-fungible token revolution with a SAKURA platform partnership.

Ai Miura becomes SAKURA NFT endorser now
According to the official announcement shared by the SAKURA NFT team, it has entered into a long-term partnership with Ai Miura, a high-profile speed racer in Japanese racing league Formula 3.

📰Update

🎉Athletes join the SAKURA NFT Platform🎉

SAKURA NFT Platform is a platform providing various functions related to NFTs, to which EGI contributes with their development technology. They revealed new information about a great car racer, Ai Miura🏎️#nft #NFTgame #nfts pic.twitter.com/Bqek46deKd

— eGI Coin (@eGICoin) October 15, 2021

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New data from the Cambridge Center for Alternative Finance’s Bitcoin Electricity Consumption Index suggests that Kazakhstan is one of the new bitcoin mining hubs commanding approximately 18% of the global hashrate, up from 8% earlier this year. However, new policy coming down the legislative pipeline from the nation’s parliament might be putting an end to its growth story.

As miners saw the writing on the wall of a looming mining ban in China in late 2020 and early 2021, many left for Kazakhstan. The country was well-capitalized to benefit from this, due to an excess of power, explained Kevin Zhang, vice president of business development at Foundry, a mining-focused Digital Currency Group subsidiary, with the government providing generous tax incentives and rebates to get miners departing China to relocate to Kazakhstan. 

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The price of Ethereum (ETH) is making impressive moves as buyers try to recapture the $4,000 price level. At the time of writing, Ether is trading at $3,774.

The largest altcoin has previously retreated to the low of $3,736 as bulls have bought the dips. Since October 15, the cryptocurrency has rallied back above the $3,740 support and continued its rally towards the previous highs.

Buyers are tipped to retake the previous high of $4,000. However, the cryptocurrency is likely to face strong resistance at the previous high. It is also believed that the market will reach the overbought zone. This will attract sellers who will push the prices down. In the previous price action, ETH /USD dropped sharply to the low of $2,740. Meanwhile, Ether is in a slight retracement that will push it to resume its upward momentum.

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More companies, countries and capital firms are embracing bitcoin than ever before. Notably, Jack Dorsey recently announced that Twitter would allow for users to tip other content writers on Twitter using bitcoin. This is welcome news because it shows another use case for bitcoin as a currency and pushes the world closer to “hyperbitcoinization.” However, while it is nice that Twitter is facilitating bitcoin donations through their platform, this isn’t adequate. In keeping with the ethos of Bitcoin, Twitter and other social media platforms should embrace paying all of their users a bitcoin dividend for using the site.

Twitter created its tip jar as a way to pay its content creators. It does so by allowing fans to tip their favorite content creators. Twitter is, however, a multi-billion dollar company whose value directly comes from selling its users’ data to advertisers. While most of us are aware of how Twitter and other social media websites monetize, we rarely view ourselves as being the product that Twitter sells. We should also consider that social media companies are known for using predatory tactics to make their content more addictive and toxic, as evidenced by Instagram’s recently leaked report. As a result of this predatory environment designed to profit off of our usage, perhaps we should all — both influencers and regular users — demand to be paid for creating content. It is time they start paying users, no matter how small they are, for creating content. For upvotes, shares and retweets, users could get paid in bitcoin proportional to the engagement that their posts bring to the website. Users are the unpaid labor force of these social media companies.

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Binance has listed SuperRare, an NFT marketplace to collect and trade unique, single-edition digital artworks with the token RARE. The pairs RARE/BTC (BTC/USD), RARE/BNB (BNB/USD), RARE/BUSD, and RARE/USDT are available for trading.

Trading started at 06:00 (UTC) today, the biggest crypto exchange in the world reported on its website. Users could start depositing RARE in preparation for trading at that time.

About SuperRare
Artists in the SuperRare network create each work authentically and tokenize it as a crypto collectible digital item that can be owned and traded. The platform’s governance token is RARE.

Token holders can allocate funds from the community treasury, govern key platform parameters, and vote on proposed improvements to the protocol and network. Binance does not charge a fee to list RARE. 

According to SuperRare’s website:

You can think of SuperRare like Instagram meets Christies. A new way to interact with art, culture, and collecting on the internet.

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The national electricity ministry warned on Sunday that illicit crypto mining in Iran risks causing power outages this winter. Iranian officials frequently accused unauthorized Bitcoin miners of using massive quantities of power.

Illicit Crypto Mining Cause Power Outages in Iran
According to a statement issued by the Iranian state news agency IRNA, illicit Bitcoin mining is to blame for at least "10% of power disruptions this winter."

According to the study, illegal mining accounted for 20% of the summer's interruptions.

In September 2018, Iran became one of the first nations in the world to legalize Bitcoin and other cryptocurrencies, but miners must first get a permit.

Authorities stated in May that "illegal" miners, who usually have access to subsidized electricity, use six to seven times the amount of energy as those with licenses.

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MoonStar cryptocurrency project has launched its NFTs marketplace
The project’s community was long waiting for the marketplace
Now the users of the platform can easily create, hold, and collect these digital collectibles
MoonStar is one tremendous project offering good gains
MoonStar offers an experience of a new type of digital currency that automatically rewards the hodlers vi its frictionless yield and liquidity generation tool. Notably, the cryptocurrency project is entirely community driven, and stealth launched. Recently, the project has launched its own Non-Fungible Tokens (NFTs) marketplace. Indeed, following the craze of this emerging industry several digital assets exchanges are establishing their own digital collectibles marketplace. Ultimately, the users can find, create, and collect digital collectibles on the platform.

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