Major nonfungible token (NFT) marketplace OpenSea announced a massive structuring around lower platform fees and greater creator earnings as competing marketplaces continue to drain away its once dominant user base. On Feb. 18, NFT marketplace Blur surpassed OpenSea in daily Ethereum (ETH) trading volume as users — anticipating greater returns on their NFT investments — are looking for a trading arena that works in their favor, shows Nansen data. As a reactionary measure, OpenSea announced three major changes to win back its migrating customers. The measures include a 0% fee for a limited time, introducing optional creator earnings and leniency …

Bear markets are for building Bitcoin (BTC) companies. At least, that’s what the Legends of Lightning, a nine-week contest for competing Bitcoin businesses, would indicate. The tournament-come-hackathon ran more than 65 events worldwide as 73 projects battled it out to win 3 BTC ($50,000). The competition crowned Bitcoin startups Lightsats and AgriMint as winners of two separate competition tracks, Global Adoption and Building for Africa. Organized by Bitcoin startup Bolt Fun, the competition brought together 260 makers (builders, developers, startuppers and hackers) worldwide. Speaking to Cointelegraph via Google Meet, Johns Beharry, co-founder of Bolt Fun and founder and CEO of …

The word “Metaverse” is one of three in the running to be crowned the Oxford "Word of the Year” (WOTY) in a competition run by the Oxford University Press (OUP), the publisher of the Oxford English Dictionary. OUP officially announced the launch of the competition and its three finalist words for 2022 on Nov. 22 with this year marking the first time the public can participate in voting for the WOTY. “Metaverse” will compete against the terms “#IStandWith” and “Goblin Mode”. 1️⃣ metaverse Usage increased as we discussed #hybrid working, debated the ethics, and wondered about the feasibility of an …

Top golfers from Africa and Europe will be eyeing lucrative Bitcoin (BTC) payouts at the end of the 2022 season after a new sponsorship of South Africa’s Sunshine Tour. The year-long season sees golfers compete for the top spot on Sunshine Tour’s overall leaderboard, the Order of Merit. Crypto platform Luno, which has a big footprint in South Africa and the wider African continent, has assumed the title sponsorship of the overall rankings. Money talks in sport but the language is certainly evolving, with Luno casting aside rand-based awards for the top golfers on the Order of Merit in favor …

An immersive blockchain game where players vie to collect Immortal Shards has announced the launch of play-to-earn elements — enabling devoted gamers to earn recognition for their skills and combat cred. HodlGod’s new feature means that an array of nonfungible tokens and raffle tickets will be dropped randomly in the middle of gameplay, emerging above a character’s head. However, collecting these NFTs isn’t enough… you need to survive until the end of the game in order for them to be truly yours. This approach is set to make playing HodlGod even more competitive than it was before — not least …

A blockchain data platform has been selected the winner of the Commodity Futures Trading Commission’s first science competition, offering yet another compelling sign that distributed ledger technology has burst onto the mainstream. Nakamoto Terminal, a digital-asset analytics platform built by open-source intelligence company Inca Digital, has won the CFTC’s "Project Streetlamp" competition. Nakamoto Terminal was also named "Innovator of the Year" by the CFTC for its successful submission. The Project Streetlamp competition challenged innovators to come up with an artificial intelligence solution that could help the CFTC “automate the process of identifying and adding unregistered foreign entities” to its Registration …

A trader has managed to secure over 4,000% profit in less than three weeks as part of the World Series of Trading, or WSOT — a competition hosted by leverage crypto trading exchange, Bybit. Using his Twitter name for the competition, SalsaTekila appears on the WSOT troop leaderboard, advancing his team forward with 4,495.95% profit. The trader started the competition trading with just 0.19 Bitcoin (BTC), but has managed to turn that into about 8.76 BTC over the course of the competition. The trader jumped on Tone Vays' YouTube channel on Aug. 25 to talk about the competition, revealing his …

Popular crypto futures trading platform Bybit is currently hosting thousands of participants for its World Series of Trading, or WSOT, competition. With roughly 12 days left before the competition concludes, 12,368 participants currently pursue 200 Bitcoin (BTC) in prize money, valued around $2.4 million, data from the exchange's WSOT page shows. Bybit unveiled its WSOT at the end of July, noting the event will occur twice per year going forward. On Aug. 10. traders threw their hats in the ring, seeking to secure the best profit/loss ratio, or P&L, prior to the event's completion on Aug. 31. The event hosts …

BlockShow and San Francisco Blockchain Week have partnered with Gitcoin for a hackathon — with $15,000 in prizes to be won. The event follows the success of the Unitize online conference, which ran from July 6 to 10 and attracted an estimated 10,000 attendees. It is hoped that the Unitize Virtual Hackathon will allow hackers from all over the world to work together to achieve long-term blockchain adoption in a wide range of sectors, including decentralized finance and gaming. Hurdles do remain to achieving widespread adoption, and according to Gitcoin, one of them is consistently providing a unique, compelling digital …

After releasing details of its testnet competition several days ago, Filecoin business development staff Angie Maguire said the project's mainnet is on pace for this summer. "The Filecoin mainnet is on track for our launch window July 20 to Aug. 20," Maguire told Cointelegraph via email correspondence on June 10, pointing back to the project's public roadmap. Filecoin will run a testnet competition, starting soon Filecoin, a blockchain-based data storage project, announced its upcoming testnet competition on June 10, prior to its upcoming mainnet launch. Meant to work out the kinks in the network prior to mainnet launch, the testnet …

Free TON, a decentralized blockchain network derived from Telegram’s TON blockchain, is launching the first community contests to power its network. Starting Monday, users, developers and validators are invited to participate in three separate contests, with Free TON planning to distribute thousands of TON Crystals, or Tons, as rewards. On Monday, the Free TON Community officially introduced proposals for the first community contests on the Free TON forum. Each contest aims to distribute at least 50,000 Tons among winners, participants and juries. The three contests are expected to close on May 25. Free TON contests are the only way to …

Cryptocurrency exchange Binance announced on March 25 that it will be hosting a trading tournament where participants could compete in teams and win a prize pool of up to $1 million in BNB tokens. According to the announcement, the tournament will take place between April 10 and April 25, and will take place in two ways: daily ROI and overall USDT team profit tournaments. Binance explains that all teams that trade in perpetual contracts on Binance Futures during the competition period will be ranked based on the total USDT profit of the team, which corresponds to the sum of the …