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First NFT Exchange-Traded Fund Announces Closure as Market for Non-Fungible Tokens and Metaverse Assets Cool Down
1.2.2023
The first-ever exchange-traded fund focused on NFTs and metaverse assets has announced closure as the crypto winter continues to take more victims.
The Defiance Digital Revolution ETF, which is listed on the NYSE under the ticker NFTZ, will close down by the end of February, according to...
XRP Price Prediction as Ripple On-Demand Liquidity Product Surpasses $200 Million XRP Tokens Sold – XRP Pump Incoming?
1.2.2023
The XRP price has gained by 1% in the past 24 hours, reaching $0.402474 after Ripple published its Q4 Markets Report. Its current level marks a 3.5% increase in a fortnight and an 18% rise in the last 30 days, with Ripple's latest report revealing that it sold just over $220 million in XRP in...
Rally Crypto Firm Pulls the Plug on Its Sidechain as Crypto Industry Struggles – Here's What Happened
1.2.2023
Social token platform Rally has announced the closure of its sidechain operations due to a lack of funding. The project warned users that their crypto assets will become stranded as tokens on the Rally sidechain are not transferable to mainnet....
Read More: Rally Crypto Firm Pulls the Plug on...
Cardano-Based Djed Stablecoin Attracts 27M ADA Tokens as Reserve Backing
1.2.2023
Djed started on Tuesday and has a collateral backing ratio of 600% at the time of writing
Metaverse Tokens Outperform Top Crypto Assets in 2023 With Decentraland’s MANA Leading the Pack
1.2.2023
During the first month of 2023, the top two leading cryptocurrencies, bitcoin and ethereum, experienced double-digit gains against the U.S. dollar. Meanwhile, several alternative cryptocurrencies saw even greater increases in value, with metaverse tokens like Decentraland’s MANA and...
Crypto Market January Roundup: Aptos, Metaverse-Affiliated Tokens Lead Broad-Based Rally
31.1.2023
Layer 1 blockchain Aptos’ native token has surged over 387% this month, leading all cryptocurrencies for gains and dwarfing bitcoin and ether’s performance. Solana’s SOL token also rises
Social token platform Rally announces shutdown of sidechain
31.1.2023
Rally cited a "challenging year" for the crypto industry in its decision to “begin to sunset” the platform's sidechain after Jan. 31
Metaverse Tokens Outperforming Bitcoin in January
31.1.2023
Decentraland’s MANA has surged 152% for the month, while The Sandbox’s SAND is up over 90%
What are reflection tokens, and how do they work?
31.1.2023
Describing crypto tokens that generate passive income, reflection tokens redistribute gas using smart contracts by rewarding their investors with extra crypto
CertiK Report Reveals a Strange Twist Behind the ‘Monkey Drainer’ Scam
31.1.2023
The latest report by the security-focused ranking platform CertiK revealed two individuals behind a several-million-dollar-heavy scam – and there is a twist to the duo’s partnership.
The report explained that “a number” of scammers had been using a phishing kit known as ‘Monkey Drainer’ over...
Premier League Ignores Crypto Chaos, Backs Sorare's NFT Fantasy Football Game in a Bold Move
31.1.2023
Non-fungible token (NFT)-based fantasy game and marketplace Sorare: Football has partnered with the Premier League in a multi-year licensing deal - crypto drama or not.
Fans can build custom teams to win "big rewards" as if they were professional club owners, said the announcement.
It explained...
Meet Ordinals, the New Bitcoin NFT Engine, and the Drama Surrounding Them
31.1.2023
Ordinals, a new way of using and getting content using Bitcoin, are enabling creators to harness the utility of NFTs (non-fungible tokens) directly from the blockchain, essentially creating native Bitcoin NFTs. This has stirred the pot in some circles, which are now discussing if this is the way...
NFT Marketplace SudoSwap Airdrops Tokens to Liquidity Providers and 0xmon Holders
31.1.2023
SUDO holders can vote on on-chain governance proposals, and the tokens are initially non-transferrable
ApeCoin and Shiba Inu surge; Orbeon Protocol continues presale with massive rally
31.1.2023
ApeCoin (APE) and Shiba Inu (SHIB) have started the year off strong, as both tokens have rallied by more than double digit proving doubters wrong. Orbeon Protocol (ORBN) is currently spearheading the crypto market, a revolutionary DeFi investment platform changing venture capital. Orbeon Protocol...
First Mover Asia: Centralized Exchange Tokens Post Solid Gains in January Despite SEC Interest; Bitcoin, Ether, in the Red.
31.1.2023
The tokens of Binance, Crypto.com and KuCoin are all comfortably in the green over the past month
Floki Inu DAO Passes Proposal to Burn Over $100M Worth of Tokens
30.1.2023
FLOKI prices have rallied more than 100% in the past week
SEC Commissioner Calls for ‘Consistent Legal Framework’ for All Asset Classes, Including Crypto
28.1.2023
A commissioner with the U.S. Securities and Exchange Commission (SEC) has called for “a coherent and consistent legal framework that works across all asset classes,” including crypto assets. She warned that the SEC’s current enforcement-centric approach would take 400 years to...
Crypto Asset Aptos Soars to All-Time High, Increasing 391% in 30 Days
27.1.2023
During the past 30 days, the layer one blockchain asset aptos (APT) has risen 391.8% against the U.S. dollar. In the past seven days, Aptos has increased 123.7% after reaching an all-time high of $19.92 per unit on Jan. 26, 2023. The Role of Decentralized Finance, Infrastructure Support, and NFTs...
Play-to-Earn Crypto Game Enters Final Presale Stage - Just 3% Of Tokens Left
27.1.2023
Online card games are becoming all the rave in the crypto space. Since the launch of the play-to-earn gaming model in the last year, a growing number of projects are providing added utility to gamers besides the thrill of entertainment.
One such play-to-earn project is Calvaria – a new-generation...
First Mover Americas: Layer 2 Tokens Take Lead
27.1.2023
The latest price moves in bitcoin (BTC) and crypto markets in context for Jan. 27, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets