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” Is the surge in OpenSea volume and blue-chip NFT sales an early sign of an NFT bull market? “ In the last two months, OpenSea began to cool down from its New Year’s bull run and many nonfungible token (NFT) pundits began to speculate about the beginning of a bear market once sales took…
” Ethereum derivatives data shows pro traders are bearish, but for how long? “ Ether (ETH) lost the critical $3,000 psychological support level on April 11 after a 16% weekly negative performance. Bulls were definitively caught by surprise as $104 million in leveraged long futures got liquidated on April 11. Ether’s downturn also followed a…
” Nifty News: Bored & Hungry? Or want to listen to a podcast hosted by a Mutant Ape? “ Bored Apes take on the restaurant and movie business The Bored Ape Yacht Club, or BAYC, NFT holders own the intellectual property rights to their specific apes and can use the likeness of their ape(s) for commercial…
” Here’s how OpenSea NFT hacks hurt owners, buyers and even entire collections “ The non-fungible token (NFT) market has been booming since the summer of 2021 and as NFT prices were sky-rocketing, the number of hacks targeting NFTs were also increasing. The most recent high-profile hack siphoned approximately 600 Ether worth of NFTs from…
” White Star Capital raises $120M for Ubisoft backed Web3 investment fund “ Tech venture capital firm White Star Capital has secured $120 million in funding for its second Digital Asset Fund (DAF II) to invest in crypto networks and early-stage blockchain and Web3 businesses. The fund is primarily backed by game publishing giant Ubisoft…
” Animoca Drives into Crypto Racing Games With Latest Acquisition “ Gaming and venture capital firm Animoca Brands has completed its landmark acquisition of Eden Games, publishers of the Gear.Club, Test Drive series, and other popular racing games. Eden Games is a France-based firm that was founded in 1998. Engine Gaming and Media sold its…
” Kava turns bullish as Ethereum Co-Chain launch initiates push toward EVM compatibility “ Protocols in the Cosmos ecosystem have seen a significant amount of growth in 2022 due to the intensifying focus on blockchain interoperability and compatibility with the Ethereum network. One protocol that has seen a buildup in momentum since the middle of…
” Blue Chip and Metaverse NFTs propel growth of NFT Market, says Nansen report “ On Tuesday, blockchain data analytics platform Nansen released its quarterly report on the state of nonfungible tokens, or NFTs. The report highlighted the rapid growth of the NFT market over that of the cryptocurrency market year-to-date, and it predicts of an $80…
” Crypto Raiders explains how blockchain gaming attracts new users to Web3 “ At the height of the nonfungible token (NFT) rally in 2021, Sky Mavis, the creator of Axie Infinity, rolled in like the Trojan horse and coined the term play-to-earn (P2E) for blockchain games. Axie Infinity grew in popularity after amassing a $3…
” Mastercard files 15 metaverse and NFT related trademarks “ Payments giant Mastercard has filed 15 nonfungible token (NFT) and metaverse trademark applications with the United States Patent and Trademark Office, or USPTO. Highlights of the filings include plans for a virtual community for interacting with digital assets, processing of payment cards in the metaverse,…