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Jed McCaleb’s ‘Tacostand’ XRP Wallet Is Near Empty, After the Ripple Co-Founder Transferred 9 Billion XRP Over the Years
18.7.2022
Last month, it was reported that the co-founder of Ripple, Jed McCaleb was close to emptying his xrp wallet that held 81 million tokens worth $26 million. Following a transaction that saw 3,898,451 xrp transferred out of the address, McCaleb’s wallet is now close to being empty...
Plus: Dinkum, PowerWash Simulator 1.0 lead Steam 'debuts' for week
15.7.2022
[The GameDiscoverCo game discovery newsletter is written by ‘how people find your game’ expert Simon Carless. This newsletter - co-written by our data/ops co-ordinator Alejandro - is exclusive to GameDiscoverCo Plus subscribers, and rounds up game sales & other analysis.]
Opensea Cuts 20% of the NFT Market’s Staff, Citing ‘Crypto Winter’ and ‘Macroeconomic Instability’
15.7.2022
The largest non-fungible token (NFT) marketplace by trade volume, Opensea, has announced the company has let 20% of its staff go after CEO Devin Finzer said the layoffs were due to a combination of “crypto winter and broad macroeconomic instability.” Opensea’s decision follows...
NFT Sales Jump 10% Higher Than Last Week, Cryptopunk #4,464 Sells for $2.6 Million
13.7.2022
While digital currency markets have dropped in value during the last two months, weekly non-fungible token (NFT) sales have slid lower as well. Seven-day statistics show that NFT sales managed to rise more than 10% higher than the week prior. One particular NFT sale, Cryptopunk #4,464, helped push...
Axie Infinity Shows New Signs of Life, Despite Still-Falling NFT Sales
12.7.2022
The crypto-powered play-to-earn (P2E) game Axie Infinity (AXS) is again showing signs of life, after being hit hard by a price collapse in the NFT and P2E sectors in crypto. However, sales of NFTs for the game have still fallen significantly in May and June....
Read More: Axie Infinity Shows...
Volumes surge 205% in Axie revival as co-founder claims project is 'healing'
11.7.2022
Interest in Axie Infinity appears to be picking up again following the launch of its new NFT land staking feature and ongoing upgrades to the Origin battle game mode
Discussion Platform Reddit Introduces Blockchain-Backed Collectible Avatars to 52 Million Users
7.7.2022
The social media and discussion website Reddit has announced the launch of blockchain-backed collectible avatars. The collectible avatars are stored via the Polygon blockchain as the chain was chosen for its “low-cost transactions and sustainability commitments.” Reddit’s...
Zimbabwe Central Bank: Gold Coin Sales to Commence in Late July
7.7.2022
Starting on July 25, the Zimbabwean public will be able to buy and hold gold coins which weigh one troy ounce each. In addition to their use as an alternative store of value, the central bank says the coins can be traded and used as “security for loans and credit facilities.” Coins...
Hardware crypto wallet sales increase as centralized exchanges scramble
6.7.2022
Hardware wallet providers are seeing increases in revenue in this bear market as crypto investors withdraw assets off centralized exchanges
Study Shows Singapore Leads in NFT Searches Worldwide, Researchers Say ‘Poland Is the Most Anti-NFT Country’
5.7.2022
During the past seven days, non-fungible token (NFT) sales have dropped 23.37% and 30-day statistics show NFT sales are down 63.10% from the month prior. While NFT interest has been waning, a recent study indicates that global regions like Singapore and Hong Kong lead the pack in terms of...
Core Scientific Sold Over 7K Bitcoins for About $167M in June, Sees More Sales
5.7.2022
Bitcoin miner Core Scientific plans to sell more self-mined bitcoins to cover expenses, growth and debt payments
Coinbase Says Miners’ Sales of Newly Minted Bitcoins Don’t Add Significant Market Pressure
4.7.2022
In times of market upheaval and falling bitcoin prices, margins compress across the board, and force more miners to become net sellers, the crypto exchange said
Jed McCaleb’s Ripple Stash Down to 81 Million — Co-Founder’s XRP Cache Likely to Dry Up This Year
3.7.2022
After selling billions of xrp tokens since 2014, the former Ripple Labs executive Jed McCaleb only has 81.53 million xrp left to sell. In mid-February 2021, it was expected that McCaleb’s stash would run dry that year in May. However, the selling took much longer, but today’s data...
NFT Sales Stave off Crypto Market Downturn This Week With a Slight Uptick in Volume
2.7.2022
Non-fungible token (NFT) sales have managed to stay consistent this week while the crypto economy saw more losses over the last seven days. The week prior, $152.9 million in NFT sales were recorded across 18 blockchains and during the past week, $154.3 million in sales were executed. While Ethereum...
NFT hype evidently dead as daily sales in June 2022 dip to one-year lows
2.7.2022
The NFT boom was supported by a healthy and bullish crypto ecosystem and positive investor sentiment. However, Bitcoin’s bear market had an adverse impact on the crypto ecosystem
OpenSea Daily Volume Plunges Below USD 1M as NFT Sales Sink
30.6.2022
Major non-fungible token (NFT) marketplace OpenSea has seen a steep drop in the daily sales volume, which recently plunged to below USD 1m. The drop comes as the broader NFT market has been spiraling downward and the prices of popular NFT projects have been plummeting....
Read More: OpenSea Daily...
Russian Duma passes bill to remove VAT, lower income tax rates on digital asset sales
28.6.2022
Russia is turning to blockchain technology in an effort to counteract economic isolation brought on by the sanctions imposed due to its invasion of Ukraine
How crypto is attracting some institutional investors — Huobi Global sales head
28.6.2022
“I think everyone is in agreement now that crypto is going to be around for the long term,” said James Hume
The New Eminem and Snoop Dogg Music Video Showcases Bored Ape Avatars
27.6.2022
The prominent rap stars Eminem and Snoop Dogg released a new music video that showcases the Bored Ape Yacht Club (BAYC) non-fungible token (NFT) collection. The duo’s latest single called “From the D 2 The LBC” debuted at this year’s Apefest, an annual gathering for BAYC...
Report: $4B in Bitcoin Mining Loans Are in Distress — JPMorgan Analyst Says Price Pressure Stems From Miner Sales
27.6.2022
Cryptocurrency-related lending has become a black smudge for the industry these days and according to a recent report, bitcoin’s low price has put billions in mining loans under stress. The report, which quotes the co-founder of mining company Luxor Technologies, Ethan Vera, says that...