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NFT Sales Boom in November — Bitcoin Dethrones Ethereum in Market Surge
2.12.2023
Sales of non-fungible tokens (NFTs) experienced a notable surge in November, with a 129.01% increase in sales volume compared to October. Additionally, NFTs created on the Bitcoin blockchain surpassed those on Ethereum in terms of sales this past month. This shift can be attributed to a marked rise...
CryptoPunks and Bored Apes Dip as NFT-500 Index Falls Despite Crypto Rally
1.12.2023
CryptoPunk NFT. Source: Adobe / ArtmediaworX While the broader crypto market appears to be moving toward a potential bull-market phase, the non-fungible token (NFT) sector, led by collections like CryptoPunks and Bored Apes, is experiencing a contrasting trend. The Nansen NFT-500 index, which...
Bored Ape Avatars Debut in Roblox’s New Kingship Islands Game
1.12.2023
Source: Adobe / Ascannio The iconic Bored Ape Yacht Club (BAYC) non-fungible token (NFT) collection has found a new home in the metaverse of Roblox, thanks to the metaverse-based “supergroup” Kingship. Developed by Universal Music Group’s 10:22PM, the fictional band Kingship...
Football Icon Cristiano Ronaldo’s Past Promotion and Endorsement of Binance Lands Him in Trouble
1.12.2023
Portuguese football icon Cristiano Ronaldo is facing a lawsuit which accuses him of participating “in the offer and sale of unregistered securities in coordination with Binance.” One of Ronaldo’s latest social media posts suggests that he is still collaborating with...
JPMorgan Report Highlights Resurgence in DeFi and NFT Sectors
1.12.2023
Source: Pixabay American banking giant JPMorgan has shed light of optimism in the decentralized finance (DeFi) and non-fungible tokens (NFT) sectors. A JPMorgan report published Thursday revealed notable revival in the DeFi and NFT activity, spurred by an improved crypto markets sentiment. Titled...
NFT Prices Are Still Lagging Behind Ether's Gains
30.11.2023
Ether is up 70% year-to-date, but NFT indexes are still down 16% in dollar terms and 50% when denominated in ether
Spain’s Crypto Users to Declare Digital Assets on Foreign Platforms as Tax Agency Updates Guidelines
28.11.2023
Source: alexlmx/Adobe Spain’s tax administration agency, popularly called Agencia Tributaria has released new rules governing digital asset reporting in the country that will see holders declare their foreign-held assets. The tax agency released form 721, a tax reporting form for users that hold...
Dogecoin Price Prediction as Adoption Grows to 5 Million Wallet Addresses – Can DOGE Reach $10?
28.11.2023
Source: Bing Image Creator The Dogecoin price has fallen by 1.5% in the past 24 hours, slipping to $0.078079 after the number of non-zero DOGE wallet addresses passed the 5 million-mark yesterday. DOGE is now up by 1.5% in a week and by 13% in the last 30 days, with the meme token up...
First-of-its-Kind NFT-Centric Wallet by Magic Eden Set to Transform Digital Collecting – NFTs Making a Comeback
28.11.2023
Source: MagicEden / Twitter Cross-chain non-fungible token (NFT) platform Magic Eden has rolled out its Magic Eden Wallet in Beta, with the desktop browser extension to follow. According to the press release, this is a cross-chain self-custody software wallet created in partnership with crypto...
Paradigm Says Blast Launch ‘Crossed Lines’ in Messaging and Execution, Pacman Defends Platform Amid Criticism
27.11.2023
Amid the rapidly evolving landscape of Ethereum layer two (L2) solutions, Blast, a new entrant, has sparked a wave of discussions in the crypto community. Spearheaded by Pacman, known for his work on the non-fungible token (NFT) marketplace Blur, Blast has garnered both significant funding...
Primex Finance Deploys to Arbitrum to Enable Leverage on Its DEXs
27.11.2023
New York, November 27, 2023 — Primex Finance, a non-custodial protocol for spot margin trading on DEXs, announces new deployment on Arbitrum One. In addition to being live on Polygon PoS, the current event is an important milestone in Primex’s multichain initiatives. Simultaneously...
Square Enix’s NFT Game Symbiogenesis Sets Auction Dates, Launches December 21 – Here’s What You Need to Know
27.11.2023
Source: symbiogenesisPR / Twitter The Japanese gaming giant Square Enix has begun the character non-fungible token (NFT) auction for its game Symbiogenesis, less than a month before its launch. The official website shows the game is scheduled for launch on December 21. Once users log in to...
7-Day Crypto Snapshot: BLUR, APE, KLAY, and MINA Lead This Week’s Market Rallies
26.11.2023
In the last week, bitcoin experienced a modest increase of 2.7% against the U.S. dollar, while ethereum saw a rise of 6.5%. Concurrently, a range of other cryptocurrencies registered significant double-digit advances, notably the non-fungible token (NFT) marketplace Blur’s token BLUR, which...
Ethereum L2 Platform Blast Draws $400M in a Week Despite Invite-Only Access and Criticism
25.11.2023
This week, the crypto community is abuzz with discussions about Blast, a new Ethereum layer two (L2) platform. The project gained prominence after securing a notable $20 million in funding, spearheaded by Paradigm and Standard Crypto, among other investors. Developed by Pacman, the entrepreneur...
CoinGecko Expands Services with Acquisition of NFT Data Provider Zash
22.11.2023
Source: iStock Crypto-price aggregator CoinGecko has acquired Zash – a non-fungible token (NFT) data infrastructure platform – to help bring data monitoring for both fungible and non-fungible tokens under one roof. Terms of the deal remain undisclosed, but it marks the first of its kind for...
Lightspark’s CEO David Marcus Recognizes Current Non-Custodial Lightning Network Solutions Imply ‘Some Form of Compromise’
22.11.2023
David Marcus, co-founder and CEO of Lightspark, an institutional Lightning Network (LN) payment solutions provider, referred to the state of custodial and non-custodial transactions on the network. While Marcus believes that custodial LN for institutions is ready for prime time, he acknowledged...
Fantom Awards $1.7 Million to Security Researcher for Spotting A Massive Vulnerability
21.11.2023
Source: Adobe Stock / sunilpurushe The Fantom Foundation has awarded a $1.7 million bounty to a blockchain security researcher who identified a potential breach that could result in $170 million losses. The non-profit organization that partakes in the blockchain’s development says it has eliminated...
Ubisoft’s Nostalgic Leap into NFTs: Rayman and Beyond Good & Evil Characters Enter The Sandbox
21.11.2023
Source: The Sandbox Assassin’s Creed maker, the gaming giant Ubisoft, is launching a new set of non-fungible token (NFT) avatars for the popular metaverse game The Sandbox for 120 SAND each, enabling players to earn SAND along the way. Ethereum scaling network Polygon will launch a collection...
This New RTFKT Virtual Sneakers by Nike Do Not Require Owning NFT, What’s Going On?
21.11.2023
Source: Nike Fashion behemoth Nike has pre-launched new RTFKT Dunk Genesis sneakers that do not require an expensive NFT to buy. The public presale of the new real-world kicks went live on Monday, letting anyone buy the sneakers without owning an RTFKT non-fungible token (NFT). The drop is...
Fed Minutes Release May Be a Non-Event for Bitcoin
21.11.2023
The minutes of the Nov. 1 Fed meeting may be outdated, given the post-meeting softness in economic data and resulting expectations for renewed interest-rate cuts in 2024