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“# 3 million active users help lift Audius (AUDIO) to a new all-time high ” As blockchain technology increasingly becomes part of the mainstream conversation, its integration with today’s most used technologies is bound to increase. This means that it’s only a matter of time before video streaming, digital music and social media see gradual…
“# NFT hype will calm, but the concept won’t disappear, MEW founder speculates ” Nonfungible tokens, or NFTs, have gained significant traction in the crypto space in recent months, with some tokens selling for millions of dollars. Even though the current excitement over NFTs will eventually simmer down, the concept will live on, according to…
“#NFT In Gaming Is A Match Made In Heaven! » OmniGeekEmpire” I’ve spent the last few days looking up and researching NFT’s, (Non-fungible token)! I’m sure you’ve heard the buzzword thrown around over these past few months, and over the coming years, it will be more prominent. However, no media is better suited to really…
“# Square’s $297M stake in Tidal could unlock DLT features, analyst says ” Square’s majority stake in Jay-Z’s streaming service Tidal could potentially result in some blockchain-related functionalities on the platform, according to one analyst. Avivah Litan, a technology analyst at consulting company Gartner, suggested that Square’s $297 million investment could push Tidal to start…
“# Reno to digitize Burning Man ‘Space Whale’ as NFT on Tezos blockchain ” Reno, the closest major city to the famous art festival Burning Man, is developing its own decentralized autonomous organization, or DAO, and a token in partnership with Tezos. Mayor Hillary Schieve announced the city’s plans to create the Reno DAO in…
“# Ethereum gas fees drop as daily DEX and DeFi volumes decline ” The rising popularity of decentralized finance (DeFi) has brought fresh attention and optimism to the cryptocurrency sector with the total value locked on all protocols increasing from $1 billion to $59 billion in less than a year and the top 5 platforms…
“# Spike in digital land and NFT sales push Axie Infinity (AXS) price to new highs ” The popularity and sale of NFTs have exploded over the past few months as many artists and collectors have been consistently selling entire NFT collections for millions of dollars. One platform that has emerged as a fan favorite…
“# NFT boom triggers parabolic rallies in Chiliz (CHZ) and Flow ” Strong hands view a correction in an uptrend as a buying opportunity and data from CryptoQuant shows that Bitcoin (BTC) whales have been buying near $48,000. This activity can be seen in the large Coinbase outflows, most of which went to custody wallets…
“# 100-artist NFT collaboration sells out in minutes, increases 7X in price in 24 hours ” An NFT made up of 100 individual pieces from 100 different artists has sold out within minutes on the Rarible platform, raising almost $89,000. The Ultimate Artist Collaboration… crashed Rarible and then sold out in minutes — Loopify ♂️…
“# ‘I can’t believe you morons actually buy this shit’: Banksy art burned and tokenized ” An original artwork by anonymous British street artist Banksy has been burned and turned into a nonfungible token. The NFT will be auctioned next week on the blockchain-based Rarible platform, where users can create and purchase rare tokenized artworks….