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Uniswap Loses Value: PancakeSwap, And The Hideaways as The Best Passive Income Tokens Of 2022
10.10.2022
Uniswap and PancakeSwap decentralized exchanges (DeFi) are losing users and investors as they complain of the bad price action and lack of utility. Bears continuously hound the crypto market in this 2022 crypto winter, and that’s why most traders and investors see earning passive crypto income...
Dapper Labs Suspends NFT Operations for Russian Users Amid New EU Sanctions
10.10.2022
Canadian company Dapper Labs has blocked operations with non-fungible tokens (NFTs) for Russian accounts. The move follows a new round of sanctions recently imposed by the EU which prohibit the provision of crypto-related services to Russian residents and entities. NFT Platform Dapper Labs Conforms...
Social tokens will be the engine of Web3 from fanbases to incentivization
9.10.2022
Social tokens are increasingly being used in online blockchain communities. They offer numerous benefits to users
Critics can’t stop NFTs from becoming a mainstay of daily life
9.10.2022
Nonfungible tokens are about more than Bored Apes. They fulfill a host of functions better than existing systems
Binance-Backed BNB Smart Chain Paused Over Potential Multi-Million Dollar Exploit, Token Slides 4%
7.10.2022
On Thursday, 6:19 p.m. (ET), the official Twitter account for the Bnb Smart Chain explained that the team was temporarily pausing the blockchain, after citing that it noticed irregular activity. Sources say that more than $600 million in Bnb tokens were reportedly stolen from the chain’s...
Blockchain Game Splinterlands Reveals Gamefi Platform Sold 10 Million Packs of Chaos Legion Series Cards
6.10.2022
On Wednesday, the team behind the blockchain game Splinterlands announced that it reached a new milestone after the project sold more than 10 million packs from the fantasy-themed battle game’s Chaos Legion series of cards. The achievement follows the project’s recent partnership with...
Over 300 NFTs From Three Arrows Capital’s NFT Fund Moved by Liquidator to New Wallet
6.10.2022
Hundreds of non-fungible tokens (NFTs) collected by Starry Night Capital have been transferred to a new wallet. The NFT fund of the insolvent crypto hedge fund Three Arrows Capital (3AC) bought the tokens in 2021. 3AC filed for bankruptcy earlier this year, after taking a hit from the collapse...
Yuga Labs Launches Bored Ape and Mutant Ape Yacht Club Community Council
5.10.2022
The non-fungible token (NFT) and blockchain firm Yuga Labs has announced a community council will be representatives of the Bored Ape Yacht Club (BAYC) and Mutant Ape Yacht Club (MAYC) NFT collections. Yuga Labs has chosen seven community members with “a proven track record”...
FTX’s $1.4B bid on Voyager Digital assets: A gambit or a way out for users?
5.10.2022
FTX has bid $1.4 billion for Voyager Digital’s assets, looking to provide users a way out if they move to its platform, but there are risks
Mainstream NFT adoption will be driven mostly by their utility
5.10.2022
Hype may have been a factor in the rise of NFTs, but the actual utility will be the catalyst for the mainstream adoption of the technology
New Study Names Gameta as the Gamefi Project With Highest Monthly Subscribers
5.10.2022
The latest data from Coin 98 Analytics shows the Web3 gaming platform Gameta as the top-ranked gamefi (the intersection of gaming and finance) project after it garnered 1.85 million recorded subscribers by September 28. The data also shows that the top five gamefi projects alone accounted for more...
SEC Chair Gensler Insists Most Crypto Tokens Are Securities — Says ‘the Law Is Clear’
5.10.2022
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has reiterated that most crypto tokens are securities, emphasizing that “the law is clear on this.” However, the Commodity Futures Trading Commission (CFTC) has asked Congress for authority over crypto...
NFT Collection Veefriends Physical Collectibles to Debut at Macy’s and Toys’R’Us
5.10.2022
In recent times, non-fungible tokens (NFTs) and their physical counterparts have started to debut at well known retail stores and luxury boutiques. On October 4, the NFT project called Veefriends revealed that the team is launching its limited edition series of collectible characters exclusively...
MATIC Token Holders Getting Rewards to Borrow Tokens on AAVE
4.10.2022
Polygon recently announced offering rewards to Matic token holders for borrowing tokens. Users merely have to act on Aave to win exciting rewards. The platform boasts over 16.2 million $MATIC worth 12.4 million dollars as collateral. The announcement was made on Twitter, where users were informed...
What remains in the NFT market now that the dust has settled?
3.10.2022
From profile pictures to celebrity endorsements, NFT space has changed a lot since the market boom in 2021
Bitcoin Lightning Network capacity strikes 5,000 BTC
3.10.2022
The growth in Bitcoin added to the layer-2 Lightning Network has electrified over the past year, hitting 4,000 Bitcoin less than four months ago
Music NFTs a powerful tool to transform an audience into a community
2.10.2022
Music artists have the opportunity to develop tighter relations with their fans through the use of NFTs
A Step-by-Step Guide on How to Access Your ETHW Tokens if You Held ETH Before The Merge
2.10.2022
With the new Ethereumpow (ETHW) network launch, ethereum holders are eligible to receive a single ETHW for every ether they own. The following is a simple guide that shows ethereum holders how to access their ETHW tokens using a wallet like Metamask. Accessing the ETHW Network via Metamask’s...
Despite the Crypto Market Downturn, DAO Treasuries Grew by $700 Million Since January
1.10.2022
Since January 2022, the entire crypto economy has shed $1.36 trillion in value, as the market capitalization dropped from $2.34 trillion to today’s $979 billion. While the crypto economy is down in value, trade volumes are lower, and the value locked in decentralized finance (defi) has shed...
How NFTs and the Metaverse can keep fashion luxurious
30.9.2022
Luxury in the metaverse isn’t just exclusive to owning the biggest land plot or the best NFT avatar — it’s more than that