Canon USA is preparing to launch a curated photography marketplace for NFTs called Cadabra that is expected to go live in the U.S. later this year and expand globally thereafter. Canon previewed Cadabra at the annual NFT.NYC show, revealing few details other than it will mint its NFT transactions on the Ethereum blockchain and allow participating photographers to offer physical prints along with their NFT drops, which Canon will fulfill. Although some NFT marketplaces require customers to make purchases with specific cryptocurrencies, Canon says Cadabra will support credit and debit cards along with cryptocurrency wallets. Continue reading Canon Will Launch Ethereum-Based NFT Art Market Cadabra

Cryptocurrency bridges, which enable transactions across a wide range of token types, are an increasingly important factor in the world of blockchain. A hack involving approximately $540 million in Ethereum and USDC stablecoin from the Ronin bridge in March was another drop in the $1 billion-plus bucket stolen from bridges. Successful attacks have become more common in recent years and the Ronin heist, among the largest, underscores a bigger problem. Different cryptocurrencies are typically siloed, so a Dogecoin transaction can’t be implemented on the Bitcoin blockchain, but it can by using a bridge. Continue reading Crypto Bridges Creating Vulnerabilities Popular with Hackers