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Ethereum burning spikes to new high on Yuga Labs’ NFT hype

2.5.2022
Otherdeed NFTs top the “burn leaderboard” over the past seven days at roughly 55,816 ETH or 56% of all burns during that period

The Largest NFT Mint in History — Bored Ape’s Otherside Virtual Land Sale Raises $320 Million

1.5.2022
On Saturday, the creators of Bored Ape Yacht Club (BAYC), Yuga Labs, revealed the Otherside metaverse virtual land sale which turned out to be one of the largest non-fungible token (NFT) mints to date. The Otherside metaverse virtual land sale raised close to $320 million by selling 55,000 parcels...

ETH gas price surges as Yuga Labs cashes in $300M selling Otherside NFTs

1.5.2022
While the Otherdeed NFTs could be minted only in APE, it also required ETH for gas fees

ApeCoin slides 40% in three days despite Otherside metaverse land sale — here's why

1.5.2022
APE price could see more downside in the coming days as the Otherside hype cools down

Facebook’s Latest Financial Results Show It Has Lost Nearly $20 Billion To VR Since 2020

28.4.2022
A metaverse filled with digital worlds and avatars might be coming someday, but it won’t be cheap. Facebook parent company Meta has released its financial results for the first quarter of 2022 and it shows that this year alone, the company’s virtual reality-focused department has lost $2.96 billion...

Meta’s Reality Labs posts $2.9B loss: 'I recognize it’s expensive' says Zuck

28.4.2022
Meta’s Reality Labs division posted a $2.9 billion loss in Wednesday’s Q1 earnings call but Zuckerberg remains optimistic about future profitability from the metaverse

CXIP Labs Taps Celebrity Investments in $6.5M Round for NFT Development Suite

26.4.2022
The NFT-minting protocol has plans to launch a series of creator and enterprise targeted products

DEX Protocol 0x Labs Raises $70M From Greylock, OpenSea and Jared Leto: Report

26.4.2022
0x was tapped last week to power Coinbase’s new NFT marketplace

Decentralized Finance Crypto Exchange Uniswap Starts Blocking Addresses Linked To ‘Blocked Activities’

26.4.2022
Uniswap, one of the main decentralized finance exchanges in the cryptocurrency world, is now taking measures to ensure illegal funds cannot be transacted using its platform. The company has already started blocking addresses linked to “blocked activities” and will apply a filter with...

Derivatives Exchange Injective Pro Launches Bored Ape NFT Floor Price Perpetuals

24.4.2022
During the last year, the Bored Ape Yacht Club (BAYC) non-fungible token (NFT) collection has become one of the most popular NFT projects. After weeks of a continuous rise in value, the current floor price for a single Bored Ape NFT is 130 ether or $382K. Following the floor price rise,...

MetaRace Horse Racing, the First “Play to Earn” DApp on the Caduceus Blockchain

22.4.2022
PRESS RELEASE. On April 18th, MetaRace Horse Racing was officially launched on the decentralized edge rendering Metaverse protocol – Caduceus. It is the first “Play to Earn ” game launched on Caduceus, co-built by MetaverseGraph Labs. The high gas cost of Ethereum and the slow transaction...

IKONIC NFT Seals a Partnership with Digicorp Labs

22.4.2022
The metaverse provider Digicorp Labs comes together with IKONIC NFT. The partnership news was announced through a blog post from IKONIC. Through this partnership, the two firms are hoping to change the blockchain infrastructure for exports, one of the fast-growing entertainment fields within...

Decent Labs Launches DAO With Crypto Investing Giants at $56M Valuation

20.4.2022
The venture studio will partner with the likes of BlockTower Capital and Digital Currency Group to build and finance new protocols

ApeCoin: APE price climbs 55% in three days as a 'BAYC land drop' rumor goes viral

20.4.2022
Owners of the popular Bored Ape and Mutant APE nonfungible tokens (NFT) could receive virtual lands on the Yuga Labs' upcoming "Otherside" metaverse

Ripple CEO: SEC Lawsuit Over XRP ‘Has Gone Exceedingly Well’

17.4.2022
The CEO of Ripple Labs says that the lawsuit brought by the U.S. Securities and Exchange Commission (SEC) against him and his company over XRP “has gone exceedingly well.” He stressed: “This case is important, not just for Ripple, it’s important for the entire crypto...

NBA Launches Initiative Dedicated to Web3, Metaverse, and NFT Collectibles

16.4.2022
This week, the National Basketball Association (NBA) announced the launch of its own non-fungible token (NFT) initiative called “NBAxNFT.” According to the professional basketball league, the goal is to showcase “all things intersecting basketball and Web3, including NFTs...

Uniswap Launches Swap Widget — Devs Can Embed the Dex With ‘One Line of Code’

15.4.2022
On Thursday, Uniswap Labs, the company behind the popular decentralized finance (defi) protocol, Uniswap, launched a tool called the Swap Widget. Essentially, the widget allows developers and decentralized app (dapp) operators to embed the Uniswap decentralized exchange (dex) app with “one...