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The Tokenized Metaverse: Non-Fungible Token Sales to Surpass $100 Million


On July 1, 2020, the partner of Polynexus Capital, Andrew Steinwold, detailed that the sales of blockchain-powered non-fungible tokens (NFTs) are about to cross the $100 million mark. The popularity of NFTs has grown massive since 2017, as blockchain cards, collectibles, digital artwork, virtual...

Trouble in Defi Paradise: Compound-Issued DAI Surpasses DAI in Circulation


A number of cryptocurrency proponents have been discussing the stablecoin DAI this week, as the DAI allegedly held on the Compound platform is much larger than what is recorded in circulation. At press time, Compound statistics show there’s $523 million worth of DAI held in reserves, while...

Celsius Token Skyrockets Over 800% Since March


CEL, the native token of crypto lending and savings platform Celsius Network, has continued its exponential rise in price this week, gaining more than 50% in price over the past 7 days alone, and standing out as today’s best-performing asset among the top 50 cryptoassets by market...

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