Section
On-chain crypto, DeFi, NFTs, and industry news.
937 articles · Page 9
The renowned footwear brand Nike has collaborated with the digital fashion brand RTFKT for a new collection. Moreover, the latest collection is named Dunk Genesis, and both companies presented a presale for the collection. Not to mention, enthusiasts got a chance to get the collection without the need for an RTFKT non-fungible token (NFT). Nike
By Anvi Saini · November 21, 2023
The United States Securities and Exchange Commission (SEC) has continued to target crypto platforms over regulatory concerns. This time around, the authority has alleged that Kraken is an unregistered exchange, broker, dealer, and clearing agency that mixes its funds with customers’ assets. Quick Take: The US SEC has sued one of the largest global cryptocurrency
By Afroz Ahmad · November 21, 2023
The renowned web-based platform, Decentraland, is hosting the 2023 Decentraland Music Festival. The festival, featuring digital native performances and music revolutions, will run from November 16 to November 18. In addition to that, the company has recently revealed its artist lineup for the event. Decentraland Music Festival 2023 The highly anticipated Music Festival will be
By Anvi Saini · November 15, 2023
In a recent development, an NFT wallet app, Backpack has announced new additions to its plans for a new cryptocurrency exchange in Dubai. The announcement has led to a mammoth increase in the valuation of Solana’s Mad Lads NFTs. Quick Take: The Backpack wallet app is based on Solana which has led to the price
By Afroz Ahmad · November 14, 2023
MetaMask Web3 wallet has announced a new update that will take NFT management to new heights. This new feature will target non-fungible tokens (NFTs) to enhance the performance and quality of services for users. Furthermore, the newly introduced feature is an NFT-specific label, put into practice within the MetaMask wallet. Also, it will make it
By Anvi Saini · November 13, 2023
Artificial intelligence is making progress with the latest developments and AI models. In addition, leading companies are showing the capabilities of computer systems for training machine learning neural networks, setting new benchmarks. This evolution has presented large language models (LLM), including GPT-3, earlier this year. In a recent update, MLPerf introduced Stable Diffusion, a text-to-image
By Anvi Saini · November 13, 2023
Is it all over for Hodlnaut? The crypto lender is apparently reaching the end of the road as the High Court of Singapore ended judicial management and ordered its liquidation. Quick Take: Hodlnaut has failed its restructuring plan as judiciary managers Aaron Loh Cheng Lee and Ee Meng Yen Angela look set to liquidate the
By Afroz Ahmad · November 11, 2023
The renowned luxury fashion brand, Gucci, has recently announced its latest online innovation “Gucci Cosmos Land”. In addition to that, this Cosmos Land is within the Sandbox Metaverse and will provide an outstanding experience. Also, it will represent London’s historical exhibits in the digital domain, open to a global audience. The Gucci Cosmos Land In
By Anvi Saini · November 10, 2023
The founder and CEO of Roblox, David Baszucki is dreaming of achieving in-game moving non-fungible tokens (NFTs) and digital objects. He also expects celebrities and prominent brands to help him achieve the goal. Quick Take: The CEO of the renowned virtual universe game Roblox wants NFTs to move across multiple platforms. He shared his views
By Afroz Ahmad · November 10, 2023
Crypto analysts and experts have recently commented that there is an eight-day window between November 9 and November 17 for the approval of all spot Bitcoin ETF filings by the Securities and Exchange Commission (SEC). Quick Take: Crypto analysts James Seyffart and Eric Balchunas have commented that there is a brief window for the approval
By Afroz Ahmad · November 9, 2023
The Simpsons-inspired NFT collection called ‘Springfield Punks’ has projected $2.5 million in sales recently. This collection presents a blend of the visual styles of CryptoPunks along with segments from “The Simpsons.” Springfield Punks Growth in NFT Space The Springfield Punks, consisting of NFTs inspired by “The Simpsons,” recently achieved a milestone. Moreover, the collection has
By Anvi Saini · November 8, 2023
The BRC-20 token, Ordinals (ORDI) has seen a significant surge in its price following the announcement of listing on the Binance exchange. The exchange listed ORDI pairs with USDT, BTC, and the Turkish Lira. Quick Take: Every emerging token gets a major boost if it is listed on a renowned cryptocurrency exchange, such as Binance.
By Afroz Ahmad · November 8, 2023
Yuga Labs and Magic Eden have collaborated to transform the NFT marketplace. The two companies, renowned figures in the NFT space, aim to launch a new marketplace through their partnership. Furthermore, they will make an Ethereum-based platform available by the end of this year, which will honor creator royalties. Yuga Labs X Magic Eden Collaboration
By Anvi Saini · November 7, 2023
Moody’s Analytics has come up with a new stablecoin service that will make use of AI to predict any possible stablecoin depegs. The tool will use machine learning and other indicators to review stablecoins and make a prediction about their short-term future performance. Quick Take: As per the report released by Moody’s Analytics, the AI
By Afroz Ahmad · November 7, 2023
OpenSea is one of the most prominent NFT marketplaces in the crypto and web3 landscape. However, in a rather surprising move, the platform has announced that it is laying off half of its employees. Quick Take: The news of reducing the employee headcount by 50% was confirmed by the co-founder and CEO of OpenSea, Devin
By Afroz Ahmad · November 4, 2023
The governing body of the AragonOS DAO-creation will now close its operations. The tool will transfer a major chunk of its assets to the token holders of the Aragon platform. Quick Take: As per the official blog post, the team behind one of the oldest projects in the crypto space has opted for a reset.
By Afroz Ahmad · November 3, 2023
The world’s first community-owned music platform, Audius, officially launched its very own marketplace yesterday in beta, enabling 8 million music fans to directly tune into and contribute to their favorite artists. Quick Takes: One key factor of ’Audius Marketplace’ includes artists finally having complete control of the pricing of their music for access in downloads
By Leah Waters · November 2, 2023
The leading NFT marketplace, OpenSea, just announced a notable update, introducing a dedicated tab on its collection pages to give artists a dynamic canvas to bring their work to life and engage with fans. Quick Takes: OpenSea’s updated collection pages come with numerous rich features to empower creators and bolster the browsing experience for NFT
By Leah Waters · November 1, 2023
Backpack, a well-known NFT wallet app built on the Solana blockchain, is preparing to enter the regulated cryptocurrency exchange domain. In addition to that, they have announced the launch of Backpack Exchange. This exciting development follows the recent acquisition of a Virtual Assey Service Provider (VASP) license from the Dubia Virtual Assets Regulatory Authority (VARA).
By Anvi Saini · November 1, 2023
MetaMask and Deadfellaz have collaborated to present ”InfectedS3,” which is a Halloween-themed CryptoArt event. The two companies, known for their expertise in digital art and Web3 technology, are joining forces for this exciting new project. Moreover, the event assures a virtual adventure with haunting art in Decentraland up until November 6. The Infected S3 in
By Anvi Saini · November 1, 2023
The leading cryptocurrency exchange in the United States, Coinbase has come up with new trading features for retail traders. This move will enable small-scale retail traders to trade in crypto futures. Quick Take: As per the announcement of the exchange, the company is now allowing eligible US traders to access crypto futures through Coinbase Financial
By Afroz Ahmad · November 1, 2023
Two prominent figures in the NFT space have recently announced their collaboration. Metallicus, the pillar of metal blockchain, and the well-known NFT marketplace Rarible are partnering together. Moreover, the partnerships aim to build up BSE-compliant NFT solutions for banks and fintech firms. Metallicus X Rarible NFTs in the Financial Landscape Rarible and Metallicus have joined
By Anvi Saini · October 31, 2023
Steve Aoki, the famous Grammy-nominated DJ, has teamed up with STEPN for a new collection. The two are partnering to release a unique NFT sneaker collection based on the Solana blockchain. Steve Aoki X STEPN Partnership The awaited Steve Aoki x STEPN collection will offer a limited edition of 300 digital sneakers. These sneakers are
By Anvi Saini · October 31, 2023
The leading domain seller in the NFT sphere, Unstoppable Domains, has expanded its horizons to add the most iconic domain type from the Web2 era, ’.com’, to Web3 addresses. Quick Takes: Unstoppable’s .com feature aligns with its ultimate goal to become the number one destination for Web3 domains, utilizing Web2 domains through Web3 technology. By
By Leah Waters · October 31, 2023