Often coined "the art blockchain," Tezos has earned this reputation thanks to at least one key platform. Now, though, fxhash is set to also join the Ethereum ecosystem Fxhash lets users create new iterations of generative artwork, with artists limiting the number of mints for their work. Collectors discover the specific iteration they've acquired at the reveal, adding a unique aspect to the process of collecting generative art.

After facing severed banking relationships, hostile regulators, and several instances of FUD, multiple senior executives at Binance have reportedly turned in their resignations. The executives blamed their decision to quit on CEO Changpeng Zhaos handling of the regulatory inquiries and investigations into the exchanges operations. Their departure comes amid mounting regulatory and legal troubles for the worlds largest crypto exchange.

According to a report from Nansen, a blockchain analytics firm, the royalties earned by non-fungible token (NFT) projects reached their lowest point in two years, stated Cointelegraph. Sources revealed that the report also includes the low point for NFT royalties before the impact of the current drop in the floor price of Bored Ape Yacht Club NFTs as well as the debate related to the launch of the Azuki Elementals collection, Cointelegraph added. It is believed that Nansen also includes the importance of NFT royalties to portray the studios financial foundation for ongoing development and their role in generating revenue, Cointelegraph highlighted.