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” IOSCO says DeFi is quickly evolving and ‘cloning financial markets’ “ As decentralized finance (DeFi) space grows, regulators are giving more effort to conducting research and providing a means to better understand the emerging industry. Today, the International Organization of Securities (IOSCO) published a report that aims to give a perspective on DeFi and…
” GameStop NFT Marketplace now live and powered by Loopring L2 “ GameStop has confirmed its integration with Loopring (LRC), an Ethereum Layer 2 zkRollup protocol designed for powering decentralized cryptocurrency exchanges, into their highly anticipated NFT marketplace. Adam Browman, Loopring’s Head of Growth, announced on Medium on Wednesday that the beta version of GameStop’s marketplace had gone…
” Marvel NFT partner Veve closes its marketplace after an in-app token exploit “ Veve, a nonfungible token (NFT) marketplace with licensed digital collectibles, faced an exploit on Tuesday, resulting in millions of gems (in-app tokens) being acquired illegally. The platform is quite popular among mainstream brands such as Marvel, Pixar, and Coca-Cola, that have…
” Abu Dhabi rolls out draft recommendations for NFT trading “ Abu Dhabi Global Market (ADGM), the emirate’s free zone, published a consultation paper on Monday titled “Proposals for enhancements to capital markets and virtual assets in ADGM.” The document contains draft guidelines that, among other asset classes, cover nonfungible token (NFT) trading. The paper…
” GameStop looks toward NFT marketplace launch after big Q4 loss “ Much loved retail video game store chain GameStop (GME) is looking ahead to its long-awaited NFT marketplace and Web3 gaming unit after suffering a net loss of $147.5 million during Q4 2021 GameStop quietly built a barebones NFT website in mid-2021 but has…
” LimeWire makes a comeback after a decade with an NFT marketplace “ Limewire, a popular peer-to-peer file-sharing website from the early 2000s that went defunct in 2010, is making a reentry in the market with a digital collectible marketplace at the hands of its new owners. In an official announcement on Wednesday, the platform…
” Ethereum gas fees drop to lowest levels since August 2021 “ Gas fees for transactions on the Ethereum (ETH) blockchain have dropped to the lowest levels since August. But they’re still not cheap. According to data sourced from Coinmetrics and shared by CryptoRank Platform, the seven-day moving average cost of an Ethereum transaction as…
” Nifty News: Are Tai Lopez NFTs the market top? Alibaba massage gun scandal… and more “ Some in the NFT community fear the market top may be in after Tai Lopez, the controversial entrepreneur and social media star, famous for his oddball marketing tactics, launched his own NFT project. Tai lopez has to be…
” Immutable raises $200M to invest in blockchain gaming, bringing valuation to $2.5B “ Australian NFT trading platform Immutable announced a $200 million Series C funding round led primarily by Singaporean state-owned investment firm Temasek and with participation from Animoca Brands and Tencent. Additional investment from ParaFi Capital, Princeville Capital and Arrington Capital as well as from…
“# Monthly NFT buyers dip below 800K as searches ‘fall off a cliff’ ” The unique number of NFT buyers in February dipped below 800,000 for the first time since October, and search volume for nonfungibles also dropped significantly. According to data from CryptoSlam, there were 796,009 NFT buyers on secondary markets in Feb. (down…