12/12/2023 Shiba Inu's Shytoshi Kusama Teases Game-Changing Announcement, ADA Reaches Highest Level Since 2022, Solana Surpasses Ethereum in NFT Sales: Crypto News Digest by U.Today

Find out what happened in the world of crypto over the weekend with U.Today's news digest

U.Today has prepared a summary of the top three news stories over the weekend.

Shiba Inu's Shytoshi Kusama teases major game-changing announcement

Shytoshi Kusama, pseudonymous leader of Shiba Inu, has recently taken to his “Shibarium Tech” Telegram channel to thank the SHIB community. Even though Kusama did not specify what exactly he is thankful for, the most likely reasons were the patience and support provided to the SHIB team. This was not the only intriguing message from the SHIB lead; Lucie, official Shiba Inu team marketing expert, drew the community's attention to Kusama's recent teaser about a “game-changing announcement” that is currently in the works. He added, however, that he will be very upset if the community begins to FUD it (“FUD” means “fear, uncertainty, doubt”).

NBA legend Shaquille O’Neal signs $11M Astrals NFT settlement
OpenSea users drop securities suit, Whales drive Q3 NFT comeback: Nifty Newsletter
BIG3 Announces NFT Debut In Advance Of 2021 Season Tip Off

Last Sunday, Dec. 10, was marked as an outstanding day by members of the Cardano community, as ADA, Cardano's native token, reached its highest level since the summer of 2022. The coin managed to spike to the high of $0.633. Along with the rally, market watchers could see an increase in trading volumes as well, indicating that investor interest and market activity around ADA are on the rise again. For seasoned investors, though, this spike is accompanied by a well-known warning: a spike in social chatter typically signals the start of a profit-taking phase. At the moment of writing, ADA is changing hands at $0.5509, down by 6.39% over the past 24 hours, per CoinMarketCap.

There have been some interesting developments emerging in the blockchain landscape for NFT sales. Ethereum has long held the lead in the NFT market, but recent data reveals Solana's ascending trajectory. According to info provided by CryptoSlam, Solana's sales volume has recently surpassed that of Ethereum, reaching nearly $16 million after a 2.78% increase. This increase occurred in spite of a broader market decline, with Ethereum experiencing a notable 22.70% decline in sales. In contrast to Solana's almost $16 million in sales, Ethereum's sales have decreased to $11.4 million.

Arts

https://u.today/shiba-inus-shytoshi-kusama-teases-game-changing-announcement-ada-reaches-highest-level-since-2022

Interesting NFTs
CryptoPunk #7252
The CryptoPunks are 10,000 uniquely generated characters. No two are exactly alike, and each one of them can be officially owned by a single person on the Ethereum blockchain. Originally, they could be claimed for free by anybody with an Ethereum wallet, but all 10,000 were quickly claimed. Now they must be purchased from someone via the marketplace that's also embedded in the blockchain.
Glimmertome
A character from The Beacon
Who Is The Creator 2
The idea for this piece was borne out of a tweet of mine that caused a bit of a stir. I’d posted a link to a blog article I’d written a number of months previous titled ‘Who is the Creator’ discussing various types of creative collaborations and why I hire people to work on my animations. It generated a lot of debate around creation and attribution with the community split on whether it’s right or wrong for an artist to hire other professionals to help them realize their art projects. I decided to push the boundaries even further and see how the cryptoart community responded. What if I quite literally had nothing to do with the physical or digital elements of the work other than coming up with the concept and coordinating it? I decided there was one artist in the space who could add huge value to this idea on levels that none other could and so I gathered my courage and contacted the great JosĂ© Delbo to ask him if he’d be interested in a very unique collaboration. I explained to him that to make this piece ‘work’ he couldn't have any say in what I produced and moreover, he wouldn’t even be allowed to see the animation until it was dropped on MakersPlace. To my surprise, Mr Delbo agreed to my proposal. The animation tells the story of the creative process, which includes my roles as writer, director, and producer working with a team and making edits and changes ‘in real time’. The dialogue between myself and my ‘hired guns’ plays out in front of the viewer. The music written for the piece adds to the nostalgia of the comic book superhero theme but other elements such as the snapping and kicking of the pencil and the signing of my signature at the bottom incorporates further layers and challenges the viewer to ask important questions, such as, is the ‘Art’ the final animation (the creation) or is the ‘Art’ the concept/credit for the creation itself?
#56464
By OthersideDeployer
Bloody Monkey
Artist notes: straight up side ya head + VERY valuable RED CIRCLE!! WOW.!!