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NFT sales boom, but ownership is highly concentrated
19.11.2021
There were two surges in the market this year that also coincided with solid spikes in internet searches for the term “NFT.”
Crypto Gaming Could Become Blockchain ‘Killer App’, Says Atari Exec
19.11.2021
An Atari executive has hinted that crypto gaming scalability could one day eclipse all other blockchain technology-related activity combined – explaining that crypto games “could become a blockchain killer app” because “there are a lot more gamers than there are traders worldwide.”...
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NFT-Collateralizing South African Startup Raises $5 Million in Latest Seed Round
19.11.2021
A South African startup, NFTfi, is reported to have recently raised $5 million which the company intends to use for boosting its business of collateralizing non-fungible tokens (NFTs). Cryptocurrency Loan Marketplace According to a Techcrunch report, NFTfi’s $5 million capital raise was...
Aussie Programmer Creates 'Educational' Pirate Bay For JPEG Versions of NFTs
19.11.2021
Amid a rapidly rising interest in non-fungible tokens (NFTs) across the world, Australian software developer Geoffrey Huntley has uploaded nearly 18 terabytes of digital artwork copies to a server, creating a new torrent site where anyone can download them - as a 'lesson' on NFTs. ...
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Torrent Website Called The NFT Bay Reignites Controversy Over Non-Fungible Tokens
19.11.2021
There’s a new website the crypto community has been discussing called The NFT Bay, a web portal that operates in a similar fashion to The Pirate Bay (TPB), because the platform hosts a huge selection of NFTs stemming from various blockchain platforms for free. On Thursday, the...
Play-to-Earn Games Offer Alternative for Unbanked in South East Asia
18.11.2021
Crypto-based play-to-earn games like Axie Infinity (AXS) are paving the way for unbanked people in some countries in South East Asia to bypass dealing with banks altogether, and instead rely on their play-to-earn accounts, panelists at a discussion about blockchain gaming in South East Asia...
Watch: Polygon's Co-founder On 'Holy Grail' of Scaling, Ethereum Merge, NFTs, and More
18.11.2021
Polygon (MATIC), a layer 2 (L2) scaling solution for Ethereum (ETH), will continue to focus on zero-knowledge (ZK) technologies as the team believes it is “the ultimate holy grail for blockchain scaling,” Polygon’s Co-founder and Chief Operations Officer (COO) Sandeep Nailwal said in an exclusive...
NFTs Still Face Legal Challenges, But More Clarity Expected Soon
18.11.2021
Non-fungible tokens (NFTs) are currently facing some legal challenges, but more clarity on how the digital collectibles will be treated from a regulatory standpoint could be coming soon, panelists at a virtual seminar hosted by crypto tracking website CoinGecko agreed....
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Boson Protocol seeks to blend physical and digital marketplaces in the Metaverse
18.11.2021
Co-founder Justin Banon discusses Boson Protocol’s plans to launch the world’s first Metaverse commerce experience in Decentraland
Younger OpenSea is Reportedly to be Valued More Than Crypto OG Gemini
18.11.2021
Non-fungible token (NFT) markeplace OpenSea is reportedly set to be valued more than crypto exchange and industry senior Gemini.
OpenSea is seeing new investment offers that could result in its valuation increasing some six times, to USD 10bn - or even higher, reported The Information, citing "two...
Supersize McShib: Shiba Inu the largest ERC-20 holding among ETH whales
18.11.2021
According to data from WhaleStats, the 1,000 largest ETH wallets hold $2.35 billion worth of SHIB combined, representing around 9% of the total market cap
Games Coins, Defi Tokens, Metaverse Assets Rise Above Market Downturn With Double-Digit Gains
18.11.2021
While digital currencies like bitcoin and ethereum lost roughly 10% in value during the last seven days, the decentralized finance (defi) economy has weathered the storm better than the top two leading crypto assets. A slew of blockchain games coins, defi tokens, and metaverse assets like gala...
Liquidity Premium a Driver of NFT Prices and Value
17.11.2021
A “liquidity premium” is driving up non-fungible token (NFT) prices – as these tokens “can meet more demand” than physical goods in the “real world,” according to Alex Svanevik, the CEO of the blockchain analytics platform Nansen.
Today, he was speaking at a CoinGecko-run conference named “NFTs...
Metaverse gaming tokens Ethverse and Axie Infinity avoid crypto downtrend
17.11.2021
Metaverse gaming tokens, including Sandbox's SAND and Axie Infinity's AXS, have bucked the downtrend in Bitcoin and Ethereum
KuCoin Makes a USD 100M Bet on Metaverse
17.11.2021
The investment and research arm of KuCoin exchange, KuCoin Labs, has launched a USD 100m fund to support metaverse-related projects and promote the metaverse education programs, assisting the public - particularly the younger generation - get acquainted with this new concept. ...
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SAND Rallies as Sandbox Unveils its Upcoming Metaverse Event
17.11.2021
The Sandbox gaming platform announced The Sandbox Alpha, an upcoming event that will allow players to explore the ecosystem's metaverse for the first time and earn rewards in the process.
The news had pushed SAND, the native token of The Sandbox ecosystem, to its new all-time high of USD 3.63...
Topps Releases NFTs Featuring Science Fiction-Themed Collectible Card Series Mars Attacks
16.11.2021
On Monday, the sports and entertainment collectibles giant Topps announced the launch of non-fungible tokens (NFTs) based on the firm’s classic science fiction-themed trading card series Mars Attacks. The limited-edition NFT collection will be hosted on the NFT platform Curio and will...
DeFi traders cry foul after only 0.015% of active ParaSwap wallets receive PSP tokens
15.11.2021
Airdrops are back in fashion as ParaSwap drops 5,200 to 10,400 PSP tokens to active users while also disqualifying airdrop hunters from gaming the system
Crypto Exchange Gemini Adds Shiba Inu Support — SHIB Investors Hopeful Robinhood Will Be Next
14.11.2021
Another major cryptocurrency exchange has added support for the meme cryptocurrency shiba inu. Gemini has begun supporting SHIB alongside a few new defi, metaverse, infrastructure, and data management tokens. Meanwhile, the petition for Robinhood to list the shiba inu crypto has garnered more than...
Visa Executive Says Crypto Is ‘Becoming Cool’ — Sees Whole New Class of Mainstream Consumers Entering the Space
13.11.2021
Visa’s head of crypto sees a “whole new class” of mainstream consumers entering the crypto space due to non-fungible tokens (NFTs). The executive further says: “Crypto is becoming cultural. It’s becoming cool.” Visa’s Executive: ‘Crypto...