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Crypto Long & Short: Why Layer 2 Protocols Matter
8.3.2023
This week, Glenn Williams Jr. tackles one of the core bits of infrastructure that anyone in the hunt for crypto investments must grasp. Then, Todd Groth of CoinDesk Indices wades into one of traditional finance’s biggest numbers: $7 trillion
Gaming engine Unity adds MetaMask functionality among new Web3 tools
1.3.2023
Blockchains Solana and Tezos were also among the 13 “vetted” crypto platforms added to Unity’s Asset Store
NFT Sales Soar 138% in Past Week, Blur Market Dominates This Week’s ETH-Based NFT Sales
24.2.2023
Non-fungible token (NFT) sales have soared this past week, climbing 138.15% higher than the week before. Sales recorded between last Friday and Feb. 24, 2023, indicate that $801 million in NFT sales have been settled over the last seven days. Ethereum Digital Collectibles and Mutant Ape Yacht Club...
Australian Crypto Gaming Firm Immutable Cuts Staff By 11%: Report
22.2.2023
Australian crypto gaming company Immutable is cutting 11% of its workforce, according to a report by The Sydney Morning Herald on Wednesday
NFT Sales Surge Over 43% in Past Week, Topping $397 Million
18.2.2023
Sales of non-fungible token (NFT) assets over the last seven days rose 43.97% compared to the previous week, according to statistics recorded on Feb. 18, 2023. The volume of NFT sales reached $397.86 million this week, with 345,716 NFT buyers and roughly 1.62 million transactions. NFT Sales...
NFT Sales Rise 18.43% This Week, Led by Ethereum’s $233.85 Million in NFT Settlements
11.2.2023
Non-fungible token (NFT) sales rose 18.43% this week, totaling $272.68 million. However, the number of NFT buyers declined by 60.31% to approximately 195,716. Ethereum NFT sales continue to lead the market, accounting for $233.85 million of the total sales, a 25.42% increase from the previous week....
Smart Contract Tokens, Defi Economy See Strong Growth, Market Capitalization Swells by $78 Million in 30 Days
17.1.2023
Smart contract tokens and the decentralized finance economy have been on a tear during the last month, gaining against the U.S. dollar. The market capitalization of the smart contract platform token economy has swelled by $78 million over the last 30 days, increasing from $243 billion to...
NFT Sales Drop 59% in Second Week of 2023; Ethereum Dominates Top 20 Blockchains with 75% of Sales
15.1.2023
Non-fungible token (NFT) sales have dropped significantly in contrast to the seven days prior, as NFT sales are down 59.35% this week. During the past seven days, $208.68 million in NFT sales were recorded, with $157.20 stemming from the Ethereum blockchain. The top-selling NFT collection this past...
New Year Brings Strong NFT Sales, Up 26% in First Week of 2023 With Top 5 Blockchains Seeing Double-Digit Increases
8.1.2023
The first week of 2023 saw an upswing in non-fungible token (NFT) sales as seven-day volume increased 26.01% compared to the previous week, totaling approximately $208.99 million in NFT sales. Additionally, the top five NFT-issuing blockchains saw increases over the last week. Bored Ape...
Bitdao Reveals Modular Ethereum L2 Called Mantle, Public Testnet to Launch in 2023
1.12.2022
On Wednesday, one of the world’s largest decentralized autonomous organizations, Bitdao, announced the soft launch of a modular Ethereum layer two (L2) network called Mantle that claims to bolster lower fees and fast transactions. According to the Bitdao team, Mantle’s public testnet...
Game7 Launches $100 Million Grants Program to Push Web3 Gaming Development
30.11.2022
Game7, a blockchain gaming-focused DAO (decentralized autonomous organization) has announced the launch of a $100 million grants program. The objective of this grants program is to support the Web3 gaming community in these times of market downturn and to advance the adoption of blockchain gaming...
Report: Singapore’s State Investor Temasek Is Engaging With Embattled Crypto Exchange FTX
10.11.2022
According to a report published on Nov. 9, 2022, Temasek Holdings, the Singaporean state holding company owned by the government of Singapore is allegedly engaging with FTX amid Binance’s plans to bail out the crypto trading firm. Singapore’s state investor has been known to have invested in...
New Digital Collectible Collections Art Gobblers and Keepers Propel NFT Sales 56% Higher This Week
5.11.2022
Non-fungible token (NFT) sales increased a great deal during the last seven days as NFT sales jumped 56.73% higher than sales recorded the week prior. Over the last seven days, out of 889,499 NFT transactions, NFT sales volume reached a total of $170.48 million this past week. Art Gobblers...
Gamestop NFT Marketplace Is Now Live on Immutable X, Market Features Web3 Games
1.11.2022
After announcing the non-fungible token (NFT) marketplace seven months ago, the American consumer electronics and gaming merchandise retailer, Gamestop, has officially launched the company’s NFT market on Immutable X. In addition to NFTs, Gamestop’s marketplace also features Web3 gaming with games...
The Top 5 NFT Marketplaces Surpass $40 Billion in All-Time Sales
30.10.2022
While non-fungible token (NFT) sales have slipped since the start of the year, the top five marketplaces, in terms of the largest number of all-time sales, have reached more than $40 billion. Moreover, the NFT marketplace platform Opensea captured over $32 billion worth of sales as the NFT market...
While Overall NFT Transactions and Buyers Are Down, NFT Sales Jumped 2% Higher Than Last Week
23.10.2022
During the last week, non-fungible token (NFT) sales volume has managed to climb 1.9% higher than the week prior with $85 million in NFT sales in seven days. However, the number of NFT buyers slid by 12.63%, and the number of NFT transactions is down 19.19% on October 23, 2022. NFT Sales Record...
Polygon Launches zkEVM Testnet — Defi Projects Uniswap, Lens, Aave Join Testing
11.10.2022
The blockchain project Polygon has announced the launch of the zkEVM public testnet, a layer two (L2) scaling solution announced in July that aims to reduce fees and inherit the security of the Ethereum blockchain. Polygon considers the testnet “the first open-source zkEVM network,”...
30-Day NFT Sales Are 88% Lower Than They Were 8 Months Ago, Google Searches Nosedived
9.10.2022
At the end of January 2022, non-fungible token (NFT) sales raked in $4.77 billion and NFT sales have slipped month after month since then. Last month, $549.82 million in NFT sales took place in September which shows monthly NFT sales are more than 88% lower than they were in January. Furthermore...
This Week’s NFT Sales Slide, Bored Ape Market Cap Drops 21%, Floor Prices Sink Lower
22.9.2022
Non-fungible token (NFT) sales this week dropped 10.88% lower than the week prior. Roughly $118.02 million worth of NFTs were sold this week compared to last week’s $132.43 million. Further, the top two NFT collections with the largest market capitalizations shed significant value during...
Boba Network Partners With Avalanche, Boba AVAX L2 to Provide ‘Faster Transactions and Lower Fees’
22.9.2022
On Wednesday, the layer two scaling solution that leverages optimistic rollup technology, Boba Network has revealed it now supports the proof-of-stake (PoS) network Avalanche. According to the Boba Network team, the new Avalanche support will produce “faster transactions and lower...