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Value Locked in Defi Slips to $74 Billion, Top Smart Contract Tokens Down Over 70% This Year
18.6.2022
Decentralized finance (defi) has been hit hard by the recent crypto market rout as the total value locked (TVL) across 118 different blockchains has slipped below the $100 billion mark to today’s $74.27 billion. The TVL in defi today is down more than 70% from its December 2, 2021, all-time...
Here’s how blockchains are helping to advance the global energy grid
10.6.2022
Governments and environmentalists are quick to criticize the amount of electricity Bitcoin mining uses, but investors’ growing interest in crypto is leading to positive steps in the energy sector
EverRise Releases EverRevoke, Platform for Revoking Token and NFT Approvals
10.6.2022
PRESS RELEASE. EverRise, a leading web3 security and infrastructure platform, has released EverRevoke. The newest addition to the EverRise Ecosystem is a utility to review and revoke token and NFT approvals from a single place across multiple blockchains. EverRevoke supports five blockchains:...
Monthly NFT Sales Have Dropped Over 65% Lower Than the Month Prior, NFT Google Queries Sink
6.6.2022
Non-fungible token (NFT) sales are down a great deal, as 30-day statistics show NFT sales recorded last month saw just over $4.6 billion settled but today, sales are down 65.43% to $1.59 billion. Furthermore, Google Trends data indicates that interest in NFTs has dropped to the lowest point since...
The ‘Google of Blockchains’ Sunsets Its Centralized Service
2.6.2022
The Graph announced it will urge developers to migrate to its Etheruem-based indexer network as it shuts down its centralized service by early 2023
Tether Launches on Polygon, USDT Stablecoin Now Hosted on 11 Blockchain Networks
28.5.2022
Following the company launching a fiat-pegged tied to the value of the Mexican peso, Tether, the stablecoin issuer has announced the firm has launched tether tokens on the Polygon network. The Polygon integration follows the stablecoin being added to the Avalanche and Kusama blockchain networks....
Terra Devs Need a Home. Other Blockchains Are Courting Them
27.5.2022
Competitor blockchains, armed with multimillion-dollar relief funds, look to woo Terra’s developers
Injective partners with Wormhole to bring 10 new blockchains to the platform
26.5.2022
“Users will soon find Wormhole integrated into the backend of the Injective Bridge whereby transferring assets from distinct EVM chains or Solana can be done with the click of a button,” Injective Labs stated
Seth Green Created A TV Show Around His NFT Ape, Then Someone Stole It
24.5.2022
Seth Green is having a bad time after he claims some of his NFT apes were stolen from him using a phishing scam. One very special ape in particular was taken and then sold to another user, which is bad news for him because Green planned and created an entire new TV show starring that digital...
Cumulative NFT Sales Among 18 Blockchain Networks Surpass $36 Billion
20.5.2022
Statistics recorded this week show that the aggregate number of non-fungible token (NFT) sales, settled across more than a dozen different blockchains, has officially surpassed $36 billion. While there are 18 competing blockchains offering NFTs, Ethereum-based NFT sales dominate by more than 75%....
Russia’s First Digital Financial Assets Expected This Year, Lawmaker Says
18.5.2022
The first digital financial assets based on Russian blockchains may be issued as early as this year, a high-ranking parliamentarian announced. Three platforms are already registered as issuers, said Anatoly Aksakov, who chairs the Financial Market Committee at the State Duma, the lower house...
Blockchains are forever: DLT makes diamond industry more transparent
13.5.2022
Blockchain integration into any sector has proven to be a fitting move, and the diamond industry’s interest in this technology will without doubt be instrumental in its improvement
Bored Ape Yacht Club NFT Fans Lose Millions Trying To Buy Video Game 'Land'
6.5.2022
Something bad is happening over in the Bored Ape Yacht Club, the year-old NFT collection owned by blockchain tech firm Yuga Labs. Bad things seem to happen almost daily in the NFT sphere and the cryptocurrency community at large, which are both unfortunately frequent targets of multimillion-dollar...
Institutional investment flows out of ETH and into competing L1 altcoins
26.4.2022
Analysis from CoinShares shows investors favored smaller altcoins last week as capital outflows for Ethereum hit $17 million
NFT Trade Volume Jumped 23% Higher This Week Capturing Close to $1 Billion in Sales
25.4.2022
Non-fungible token (NFT) sales have increased by 23.56% over the last week, as $945.2 million in sales were recorded across 15 different blockchains during the last seven days. NFT sales stemming from Ethereum jumped 29.16% in seven days, gathering $863.2 million in sales or 91.32% of the $945.2...
Can You Truly Own Anything in the Metaverse? Blockchains and NFTs Don’t Protect Virtual Property
24.4.2022
João Marinotti, Associate Professor of Law, the Indiana University.______
In 2021, an investment firm bought 2,000 acres of real estate for about USD 4m. Normally this would not make headlines, but in this case the land was virtual. It existed only in a metaverse platform called The Sandbox....
Polygon Commits $100M to 'Supernets' as Layer 1s Stand Up Application-Specific Blockchains
22.4.2022
Square Enix President Still Insists Future Of Gaming Features Blockchain Tech
18.4.2022
Remember back in January when Square Enix president Yosuke Matsuda published that terrible letter hyping up a future where video games would feature NFTs and blockchain tech? Well, even though a lot of players and devs criticized the letter, Matsuda ain’t backing down. And in a new interview,...
NFT Sales Volume Saw a Small Uptick This Week — Moonbirds, Mutant Apes Take Top Sales
17.4.2022
Non-fungible token (NFT) sales saw a small uptick over the last week as $658.4 million in NFT sales were recorded, up 3.35% in seven days. Out of 15 blockchains, Polygon-based NFT sales saw the largest increase in volume, jumping 106.68% this week. Moreover, over the last seven days, an...
Crypto Gaming 'Landlords' Upset They Can't Keep Exploiting All The Players Quitting
16.4.2022
Axie Infinity is the crypto-backed Pokémon clone in which cute little creatures that double as NFTs battle for fun and profit. It’s also a pyramid scheme that relies on cheap labor from countries like the Philippines to fuel its growth. Now, fictional inflation, combined with a historic crypto...