Section
On-chain crypto, DeFi, NFTs, and industry news.
937 articles · Page 2
Major cryptocurrency firms, including Coinbase, Gemini, and Crypto.com, have formed strong opposition to a recent proposal from the Commodity Futures Trading Commission (CFTC). The proposal, which could effectively ban prediction markets, has sparked concerns within the crypto community. Quick Take: The CFTC’s proposal aims to impose stricter regulations on prediction markets and platforms where users
By Afroz Ahmad · August 12, 2024
In an interesting move, Automobili Lamborghini has teamed up with Animoca Brands, a prominent crypto and blockchain enterprise. Announced on August 8, this collaboration promises to introduce luxury car fans to a new era of digital engagement through NFTs and other digital assets. Lamborghini, a big name in luxury sports cars, continues to innovate by
By Anvi Saini · August 9, 2024
In a stunning display of market dynamics, the Pudgy Penguins NFT collection has soared to the forefront, collecting $1.14 million in sales on a single Monday. Consequently, it captivated a broad audience and emphasized the robust demand for unique digital assets. Driven by 50 buyers and 54 sellers, the collection’s 62 transactions underscore a growing
By Anvi Saini · August 7, 2024
In July 2024, AI decentralized applications (dapps) took the lead in the Web3 space. These AI dapps now account for 28% of all dapp activity. They have now surpassed traditional sectors like gaming, which fell to 26%. Quick Take: Daily Unique Active Wallets (dUAW) saw an increase of 78% from the previous month and reached
By Afroz Ahmad · August 7, 2024
SBINFT has updated its NFT marketplace, SBINFT Market. It introduces a new partner application interface. This enhancement is designed to streamline the onboarding of new partners. Furthermore, it simplifies the trading experience. The interface provides users with an intuitive navigation system. Hence, users can easily manage and trade their digital assets. Promoting a Unified Platform
By Anvi Saini · July 30, 2024
Vitreus, a DAO-governed Layer-0 blockchain network, has entered a strategic partnership with COMPLiQ, a leader in AI governance, risk, and compliance (GRC) solutions. The Vitreus blockchain provides a secure, decentralized space whereby members can cast their votes and opinions on the network’s future trajectory. On the other hand, COMPLiQ shields against AI regulatory hurdles, streamlines
By Leah Waters · July 29, 2024
Donald Trump has unveiled a bold plan to establish a Bitcoin Strategic Reserve if elected President in the 2024 election. He claims that this proposal will secure America’s financial future by embracing the growing influence of cryptocurrency. Quick Take During a recent speech at the Bitcoin Conference, Trump emphasized the importance of staying ahead in
By Afroz Ahmad · July 28, 2024
Fans of The Walking Dead: Empires are in for a treat as Gala Games introduces Maggie as a playable NFT Hero. Starting July 26 at 7am PT, players can purchase this character, adding a familiar face to their digital lineup. This addition, announced by Gala News, marks a significant expansion of the game’s character roster.
By Anvi Saini · July 27, 2024
Just four months post its beta release, Immutable Passport has reached a milestone of 2 million signups. Developed by the blockchain-centric gaming company Immutable, this platform is designed to bridge traditional gamers into the web3 space seamlessly. As a result, users are crowding to the service, coinciding with the upcoming full releases of several major
By Anvi Saini · July 27, 2024
iYield is debuting a cutting-edge financial planning tool developed to streamline the management of traditional and crypto finances. It’s the first platform of its kind to provide users with a clear and transparent view of their financial assets, encompassing expenses, incomes, and debts of cryptocurrencies and fiat. One Account, Multiple Financial Benefits What sets iYield
By Leah Waters · July 24, 2024
On July 19, 2024, CritterCraft introduced their Kickstarter campaign. The campaign aims to fund a unique deck of playing cards. Each card will feature an intricate illustration of a Critter, a creature from their popular NFT series on the WAX Blockchain. The deck consists of 52 cards. Furthermore, these cards aren’t just for collecting. They
By Anvi Saini · July 21, 2024
Former President Donald Trump has revealed plans to launch a fourth NFT collection. In a recent Bloomberg Businessweek interview, Trump shared his excitement over the success of his previous collections. Each collection sold out within a day, highlighting a strong demand from his supporters. Moreover, at a recent event in Mar-a-Lago, Donald Trump hinted at
By Anvi Saini · July 18, 2024
The meme project Stooges ($STOG) is capturing the heart of the crypto community by intertwining the legacy of the comedy group the Three Stooges with Web3’s many perks. Launched in April, Stooges amassed a mighty $1.4M from its initial presale in just one month and now boasts an impressive $1.94M market cap. Its popularity signals
By Leah Waters · July 16, 2024
In a recent unveiling at Southeast Asia Blockchain Week (SEABW) 2024, ShardLab, a subsidiary of the renowned venture capital firm Hashed, introduced a pioneering web application designed to streamline decentralized identity (DiD) and NFT voucher distribution. Additionally, the app integrates cutting-edge technologies like account abstraction (AA) and zero-knowledge proofs (ZK). These features aim to improve
By Anvi Saini · July 12, 2024
Tribes Studio is preparing to launch its new Wildlings NFT series. This exciting collection will be available on the Ronin blockchain. Scheduled for July 15, this event marks an expansion for their game, Island of Solas. The Wildlings collection features unique, pet-like NFTs. These tokens serve as digital collectibles and provide players with various in-game
By Anvi Saini · July 11, 2024
Tomarket recently unveiled its latest creation, the Tomarket Drop Game, and the initial response has been nothing short of spectacular. This innovative game allows players to collect $TOMATO tokens effortlessly, blending fun with the lucrative world of cryptocurrency. Remarkably, since its launch, the game has attracted over 200,000 players, demonstrating the effectiveness of its market
By Anvi Saini · July 10, 2024
In response to its community’s feedback, ChainGPT has upgraded its AI NFT Generator, significantly broadening the crypto payment options. Users can now conduct transactions using the Polygon and Avalanche blockchain networks, ensuring a seamless payment experience. This flexibility enables users to employ cryptocurrencies like USDC, USDT, and Avalanche’s own AVAX for purchases, all through the
By Anvi Saini · July 4, 2024
Meta’s CEO, Mark Zuckerberg, recently unveiled the company’s latest innovation—smart glasses with holographic displays. In a conversation with popular YouTuber Kane ”Kalloway” Sutter, Zuckerberg shared insights about the future of digital communication. He suggested that these advanced devices might soon lessen our reliance on smartphones. According to Zuckerberg, while these glasses won’t completely replace smartphones,
By Anvi Saini · July 4, 2024
In the mountainous region of Niigata, the village of Yamakoshi is pioneering a unique approach to community support through technology. With an aging demographic, local leaders have turned to the digital realm to secure a sustainable future. Since 2021, they have introduced the Nishikigoi NFT collection, inspired by the region’s famous breed koi carp. The
By Anvi Saini · June 27, 2024
The renowned NFT project Pudgy Penguins and the innovative NFT licensing platform OverpassIP have teamed up. They announced the launch of Igloo Inc., their newly established parent company. This strategic move aims to enhance their presence in the cryptocurrency sector. Furthermore, the collaboration seeks to simplify the entry process for newcomers into the crypto world.
By Anvi Saini · June 26, 2024
Tether, the leading stablecoin issuer, has decided to stop minting its stablecoin on the EOS and Algorand blockchains. The announcement was made amid low user adoption as the primary reason for this strategic shift. Quick Take: Tether’s decision comes after a thorough evaluation of the demand and usage of USDT on various blockchain networks. Despite
By Afroz Ahmad · June 26, 2024
Rapper 50 Cent’s hacked X account promoted a Solana-based meme coin over the weekend. The incident unfolded when followers noticed unusual tweets from the artist’s account. These tweets promoted the new cryptocurrency and encouraged users to invest in the meme coin for substantial returns. Quick Take Recap: The hack has sparked concerns about the security
By Afroz Ahmad · June 23, 2024
Konami Digital Entertainment, a renowned Japanese game developer, has partnered with Avalanche to unveil Resella, a new platform designed to ease the integration of NFTs into business operations. Furthermore, Resella seeks to simplify the process for creating, issuing, and trading NFTs. By doing so, it addresses the challenges newcomers often face when interacting with blockchain
By Anvi Saini · June 22, 2024
Digital asset manager Bitwise has unveiled its first spot ether exchange-traded fund commercial on Thursday. Marketed as the first-ever national TV ad minted as a non-fungible token (NFT), Bitwise encourages crypto enthusiasts to own a fragment of this digital milestone. Bitwise is Transforming Traditional Ads into NFTs Thursday marked the debut of this innovative approach,
By Anvi Saini · June 22, 2024