Section
On-chain crypto, DeFi, NFTs, and industry news.
937 articles · Page 4
Tensor, the top NFT platform on Solana, recently made headlines by rewarding its early users generously. They distributed $250 million in TNSR tokens, which is 12.5% of the total supply. A Sudden Rise and Minor Setback For Tensor Users The launch of TNSR tokens on April 8 saw their value quickly climb from just over
By Anvi Saini · April 11, 2024
Gunzilla Games, the creator behind the eagerly awaited battle royale game Off The Grid, has announced its recent funding achievement. They secured $30 million from notable investors, including Avalanche’s Blizzard Fund and CoinFund. This significant financial boost aims to change the game in blockchain-integrated gaming. Strategic Alliance with OpenSea Further, in an interesting move, Gunzilla
By Anvi Saini · April 11, 2024
Ordz Games recently unveiled the BitBoy One at the Hong Kong Web3 Gaming Expo, skillfully blending nostalgia with modern blockchain technology. This innovative device enables players to earn Bitcoin as they enjoy their favorite games, marking a significant shift in the gaming landscape. Ordz Games recently unveiled the BitBoy One at the Hong Kong Web3
By Anvi Saini · April 9, 2024
In the ever-evolving world of digital art, the Doodles NFT series stands out. They are now stepping into the animated film industry. Their upcoming project, ‘Dullsville and the Doodleverse,’ promises a blend of animation and music. This film is set to launch in the summer of 2024. A Unique Combination of Animation and Sound The
By Anvi Saini · April 9, 2024
Animoca Brands proudly announces the launch of its $MOCA token public sale, focusing on strengthening community ties within its digital universe. This initiative is a key step in building a large, connected cultural economy in the Web3 world. $MOCA Community at the Forefront The $MOCA community public sale specifically aims to honor the loyal supporters
By Anvi Saini · March 31, 2024
The gaming company Illuvium has recently wrapped up a Series A funding round, raising $12 million. This addition of capital has elevated its total funding to $60 million. Leading investors such as King River Capital and Arrington Capital leaded this round. They were joined by a diverse group of backers, including Spartan Capital and Animoca
By Anvi Saini · March 29, 2024
Sam Bankman-Fried, the founder and former CEO of cryptocurrency exchange FTX, has been sentenced to 25 years in prison. The verdict was delivered by Judge Lewis Kaplan in the Southern District of New York. Quick Take: According to the Judge, FTX’s customers lost $8 billion, its investors lost $1.7 billion, and its lenders lost $1.3
By Afroz Ahmad · March 28, 2024
Tether Operations Limited has unveiled a comprehensive plan to expand its AI division. At the heart of this initiative is a call to break free from the monopolistic grip of Big Tech over AI technologies. Quick Take: The stablecoin issuer aims to work towards a future where transparency, privacy, and open-source development are prioritized in
By Afroz Ahmad · March 28, 2024
Polygon Labs and ChainGPT have teamed up in an exciting twist of fate to reshape NFT ecosystems. Combining the AI expertise of ChainGPT with Polygon’s blockchain capability, they provide an easier way for anyone to create NFTs. Known for making Ethereum more scalable, Polygon Labs has found a perfect ally in ChainGPT, known for its
By Anvi Saini · March 28, 2024
Gala—a pioneering Web3 entertainment platform—proudly announces Amelia Daly’s enlistment to its advisory board. As the Head of Partnerships at Solana Foundation, Daly’s appointment is poised to bring in a new era of growth and innovation, reflecting Gala’s ethos. With a notable career spanning over a decade at the forefront of technological innovation and leadership roles,
By Leah Waters · March 26, 2024
The total value locked (TVL) in Coinbase’s Base network has doubled within just 25 days. It has escalated from $1 billion to a remarkable $2.13 billion. This rapid growth has caught the attention of the crypto community and has also sparked a conversation about the potential influence of meme coins on the network’s future. Quick
By Afroz Ahmad · March 25, 2024
The CryptoPunks collection has once again captured headlines in the non-fungible token (NFT) marketplace. In March, the collection witnessed a staggering $16 million sale of CryptoPunk #7804. This sale shows the significant investment potential of digital assets and also marks a historic moment for the NFT collection. Quick Take: CryptoPunk #7804 is distinguished by its
By Afroz Ahmad · March 22, 2024
BlackRock has announced the launch of its new tokenized asset fund ’BUIDL’ on the Ethereum network. This move marks BlackRock’s entrance into tokenized funds on a public blockchain and also signals a significant leap toward modernizing access to investment opportunities. Quick Take: BlackRock has enlisted the expertise of Bank of New York Mellon and Securitize
By Afroz Ahmad · March 22, 2024
Gala Music has dived headfirst into the hip-hop scene yet again. This time around, proudly spotlighting a fresh new track created by the rising talent J.K. Mac and celebrated rapper YoungBoy Never Broke Again. Notably, YoungBoy Never Broke Again has won the title of YouTube’s top-streamed hip-hop artist for the past five years. Amid the
By Leah Waters · March 21, 2024
The famous luxury brand Hermès is currently in a legal fight with artist Mason Rothschild over his MetaBirkin NFTs that mirror their iconic Birkin handbags. Significantly, this case brings up big questions about copyright and the freedom to create art. Court Steps In A year after Hermès won a lawsuit against Rothschild for making NFTs
By Anvi Saini · March 21, 2024
Genesis Global Capital has reached a settlement with the United States Securities and Exchange Commission (SEC). The crypto firm has agreed to a $21 million fine over charges related to its Gemini Earn lending program. Quick Take This agreement marks the conclusion of legal disputes initiated by the SEC for selling unregistered securities through the
By Afroz Ahmad · March 19, 2024
Crypto and dog lovers are eagerly awaiting the popular Solana memecoin $DUKO to join more major crypto exchanges (CEXs). Hot on the heels of its successful Bitmart listing, Bitget, Bybit, and OKX are getting set to join the action. Each CEX is making preparations to add $DUKO to its esteemed selection of offerings. Notably, Bitget is
By Leah Waters · March 19, 2024
Uniting tech innovators together, Gala—a pioneer in Web3 entertainment—is collaborating with Amazon Web Services (AWS) and Alienware to host a cutting-edge Hackathon at the Game Developers Conference (GDC). Gearing up tomorrow, March 20, this 24-hour hackathon will spotlight the latest technological breakthroughs at both the W Hotel in San Francisco, California, and virtually—there’s no need for
By Leah Waters · March 19, 2024
The Carlos Lopes Pavilion in Lisbon, Portugal, is gearing up for a grand event from May 28 to 30. The Non-Fungible Conference (NFC) is making a comeback, promising an even bigger event than before. This year, it teams up with web3 giants WEMIX and The Sandbox to celebrate the impact of NFTs across various sectors,
By Anvi Saini · March 18, 2024
Asia Broadband Inc. (AABB) has launched an exciting new NFT series, the Shorts Rascal Club, also known as the Golden Rascals. This series, now live on the Solana blockchain, has quickly gained traction, with more than half of its NFTs already minted. The collection offers a unique mix of digital collectibles and real gold, attracting
By Anvi Saini · March 18, 2024
The cryptocurrency world is full of predictions and analyses as we inch closer to the next Bitcoin halving event scheduled for April. In a recent online event, Bitfinex CTO and Tether CEO Paolo Ardoino highlighted the complications of forecasting Bitcoin’s future pricing at this time. Quick Take: The event was a platform for Ardoino to
By Afroz Ahmad · March 16, 2024
Recently, Kevin Rose, known for co-founding PROOF and Moonbirds, made headlines by selling over $1.2 million in NFTs. This move has sparked widespread curiosity within both digital art and crypto circles. Despite the buzz, Rose clarified he’s not exiting the Web3 space. Instead, he’s tweaking his investment tactics to align with the evolving market dynamics.
By Anvi Saini · March 12, 2024
Cryptography company Zama has achieved a milestone by raising $73 million in its Series A funding round. This round was led by industry giants Multicoin Capital and Protocol Labs, with significant contributions from the co-founder of the Solana blockchain, Anatoly Yakovenko, and Metaplanet. Quick Take: The influx of capital is a vote of confidence in
By Afroz Ahmad · March 8, 2024
Lost Worlds, a platform for location-based NFTs, has unveiled its new Creation Portal. This portal reforms the process of creating and deploying geoNFTs, making them accessible to all users. Previously, users needed direct coordination with the Lost Worlds team, but now, the Creation Portal empowers individuals and projects alike to craft and explore geoNFTs effortlessly.
By Anvi Saini · March 7, 2024