Section
On-chain crypto, DeFi, NFTs, and industry news.
937 articles · Page 5
On March 5, Bitcoin reached an all-time high (ATH) of over $69,000. However, the leading token experienced a rapid decline from this mark. This price movement captured the attention of investors and traders globally. It is a stark reminder of the volatile nature of the crypto market. Quick Take: After reaching its peak, Bitcoin’s price
By Afroz Ahmad · March 6, 2024
The team behind the once-thriving Minecraft-based project, NFT Worlds, is charting a new crypto game, Hytopia. NFT Worlds’ business model underwent a significant setback last year when Minecraft creator Mojang Studios imposed a ban on non-fungible tokens (NFTs). Quick Take: The project has undergone a complete rebranding under the name Hychain Games. It is now
By Afroz Ahmad · March 2, 2024
BitMart is poised to boost its digital currency horizon by soon welcoming $DUKO — a novel contender on the Solana blockchain — dubbed as ”Elon’s most adorable pet”, as per GrokAI. $DUKO’s unveiling is sparking excitement across the board, captivating both digital currency fans and dog lovers alike. By harnessing Solana’s steadfast technology, the token
By Leah Waters · February 29, 2024
The cryptocurrency market witnessed a historic moment as Spot Bitcoin Exchange-Traded Funds (ETFs) hit a new all-time high with a staggering $676.8 million cumulative daily inflow. On February 28, BTC experienced this impressive influx and signaled a robust bullish trend. Quick Take: The iShares Bitcoin Trust led the charge with record-breaking daily inflows of $612.1
By Afroz Ahmad · February 29, 2024
Uniswap has unveiled a trio of innovative tools designed to revolutionize how users engage with cryptocurrency transactions. These tools aim to simplify and enhance the user experience by introducing a browser wallet extension, limit orders, and a comprehensive insights page. Quick Take: The leading decentralized exchange (DEX) has introduced these tools to make crypto trading
By Afroz Ahmad · February 28, 2024
Pudgy Penguins, a leading NFT brand, has formed an interesting partnership with Unstoppable Domains to introduce exclusive ’.pudgy’ domain names. This collaboration marks a major step towards enhancing Web3 interactions and simplifying cryptocurrency transactions for Pudgy Penguin owners. In this progressive move, Pudgy Penguin owners now have the opportunity to connect their valuable NFTs directly
By Anvi Saini · February 27, 2024
In a pioneering move set to redefine the decentralized finance landscape, Gala — a frontrunner in the realm of Web3 entertainment — debuts its much-anticipated Decentralized Exchange (DEX), GalaSwap, today. What ultimately sets GalaSwap apart is its ability to handle 2 million transactions per second on the robust GalaChain. Notably, this impressive feat is supported
By Leah Waters · February 27, 2024
After the huge success of Dookey Dash among NFT enthusiasts, the game is gearing up for a major change. The original version of Dookey Dash required players to own specific NFTs to gain access. However, the upcoming release of ”Unclogged” by Yuga Labs is about to change the game entirely, making it free to play
By Anvi Saini · February 27, 2024
In a recent development, hackers broke into the X account of MicroStrategy, a leading business intelligence firm. On February 25, the hackers posted fake links about a new Ethereum-based so-called MSTR token airdrop, supposedly from MicroStrategy. Quick Take: The hackers cleverly designed a trap by sending MicroStrategy’s followers to a fake website that looked just
By Afroz Ahmad · February 26, 2024
Shiba Inu’s lead developer, Kaal Dhairya, announces significant updates regarding the ERC404 tokens, signaling a notable advancement in the SHIB ecosystem. This innovative token standard combines the unique features of NFTs with the versatility of fungible tokens, marking a significant milestone in decentralized finance. The debut of ERC404 tokens alongside the recent release of the
By Anvi Saini · February 23, 2024
Arcade, a leading player in the NFT lending space, announces an important airdrop of 3 million $ARCD tokens. This airdrop targets holders of top NFT collections on Solana, Ethereum, and Bitcoin networks. Starting February 21, eligible collections include Mad Lads, Tensorians, Bitcoin Puppets, NodeMonkes, Pudgy Penguins, Lil Pudgys, Sappy Seals, and RSIC. The ’Clash of
By Anvi Saini · February 20, 2024
In a recent sale facilitated by Fountain, a major digital art transaction occurred on February 19. This sale is marked as one of the largest on-chain deals ever. The sale involved a collection of 10 Autoglyphs, a notable generative art project created by Larva Labs in April 2019. The collector, who prefers to remain anonymous,
By Anvi Saini · February 20, 2024
The global cryptocurrency industry is witnessing a significant surge in activity, particularly in Bitcoin futures. Centralized exchanges are currently experiencing levels of open interest that were last seen at the end of 2021. Quick Take: As Bitcoin’s price rallies impressively, this resurgence in Bitcoin futures trading reflects growing interest and optimism in the cryptocurrency market.
By Afroz Ahmad · February 20, 2024
In a bid to keep up with industry trends, OpenAI has stepped into the realm of video generation with its latest creation, Sora. This cutting-edge AI model has the remarkable ability to transform textual descriptions into stunning 1080p movie-like scenes, representing a significant leap forward in generative technology. Impressive Capabilities of Sora Sora stands out
By Anvi Saini · February 16, 2024
In a unique blend of tradition and technology, The Glenlivet is set to unveil an exclusive whisky series. Furthermore, this move highlights the merging paths of luxury spirits and digital trends. Starting February 21, The Glenlivet will introduce a limited series of 50-year-old whiskies. Additionally, these special bottles have been in the making since 1974.
By Anvi Saini · February 15, 2024
Magic Eden and Yuga Labs are preparing for a significant event. They have set February 27, 2024, as the launch date for their new NFT marketplace. This platform, operating on the Ethereum blockchain, focuses on supporting creators through royalties. Further, this initiative emerges amidst discussions on how best to reward creators in the digital space,
By Anvi Saini · February 13, 2024
Through a creative advertisement, Coinbase suggests that blockchain technology could breathe new life into billions of overlooked pennies. With an animated former U.S. President Abraham Lincoln, Coinbase’s latest campaign is a conversation starter about the future of money. Quick Take: The advertisement was released on National Lost Penny Day on February 12. The day is
By Afroz Ahmad · February 13, 2024
Ethereum developers are on a mission to introduce a new token standard. Known in the developer community as ”ctrl” and ”Acme,” these innovators are working hard to bring ERC-404 to life. This new standard aims to combine the best of both worlds: the versatility of ERC-20 fungible tokens with the uniqueness of ERC-721 NFTs. The
By Anvi Saini · February 9, 2024
Mastercard introduces a Web3-based football trivia game for UEFA Champions League fans, marking an innovative step in digital engagement. This competition rewards fans with tickets to the finals. Furthermore, the trivia invites Mastercard cardholders from across the globe, including Spain, Germany, France, the UK, Italy, the USA, Mexico, Colombia, Brazil, and Argentina, to showcase their
By Anvi Saini · February 9, 2024
The recent partnership between Robinhood and MetaMask marks a significant stride towards streamlining the world of cryptocurrency and Web3 access. The integration aims to combine the strengths of a leading fintech platform with a self-custodial Web3 wallet. It is poised to revolutionize how users engage with digital currencies. Quick Take: With this partnership, both platforms
By Afroz Ahmad · February 8, 2024
A Seoul court has delivered a severe blow to the cryptocurrency exchange Bitsonic. As per the ruling, Bitsonic’s CEO Jinwook Shin is sentenced to seven years in prison and the technology vice president to one year behind bars. Shin was previously arrested in August 2023. Quick Take: The executives have been charged with stealing 10
By Afroz Ahmad · February 7, 2024
Chainlink introduced dynamic NFTs (dNFTs), which utilise decentralized oracles on the Polygon blockchain, and are setting a new standard for how digital tokens interact with real-world data. These innovative dNFTs bring added utility and interactivity to various sectors, effectively turning user achievements into valuable tangible assets through smart contracts. Gaming and Collectibles With Chainlink In
By Anvi Saini · February 6, 2024
Magic Eden has recently rewarded its loyal community with a Diamonds airdrop on February 2nd. The airdrop now live aims at users who have actively traded Solana (SOL) NFTs on the platform since 2021. This move is a gesture of appreciation towards the platform’s dedicated users, with the reward amount being linked to the users’
By Anvi Saini · February 5, 2024
Crypto PR wire services are a great solution for Web3 marketing teams that want to get large amounts of attention quickly or get official communications out to the masses. Coinscribble is a blockchain and crypto-focused press release distribution service that has significantly impacted the Web3 marketing landscape since its inception in 2017. It is favored
By Ryan Mahaffey · February 5, 2024