DeFi / 32 posts found
Solana NFT Trading Volume Exceeded a Whopping $2 Billion
Ethereum’s main counterpart, the Solana blockchain, is breaking all records in recent days. Thus, the protocol has surpassed $2.35 billion in all-time NFT sales the other day, outperforming all other NFT-related cryptos, except for Ethereum, of course. The whopping figure was recorded on June 5th, even though the blockchain is recovering from the 2022 Q2 bearish trend. Just a few weeks ago, the $SOL market cap fell by over $14 billion. But currently, there are definitely some reasons to celebrate, as May marked the first time when Solana exceeded the 24-hour Ethereum NFT trading volume. Of course, at the moment, […]
MetaMask and Asset Reality Join Efforts to Protect Crypto and NFT Scam Victims
Unfortunately, crypto scams due to phishing attacks are quite widespread and go unpunished in most cases. Although NFTs and other crypto assets are used by people on all continents around the globe, most countries still have no specific authority to go to in case of being scammed. To help the victims of phishing attacks bring their assets back and make the web3 a safer place, the leading self-custody wallet MetaMask has partnered with Asset Reality, the world’s first company engaged in the protection of crypto holders’ rights and investigation of scam actions. The partnership will allow Asset Reality to act […]
GameStop Is About to Release a Non-Custodial Crypto and NFT Wallet
One of the largest US computer games retailers GameStop moves further into Web3 introducing its non-custodial Ethereum wallet to the public. The new wallet will allow crypto holders to store, send, and receive both currencies and NFTs and comes forwarded by its gaming NFT marketplace launched in partnership with Loopring. Currently, you can try GameStop wallet in the form of Chrome and Brave browser extensions. The company also plans to launch an iPhone-compatible crypto wallet in the near future. GameStop won’t have access to its users’ non-custodial wallets, which means that crypto holders only bear full responsibility for their crypto […]
The Historic Moment of the Ethereum Merge Is Likely to Happen in August
After a couple of delays, the largely-anticipated Ethereum merge is likely to finally happen in August. This great news was confirmed by the Ethereum co-founder Vitalik Buterin during the recent ETH Shanghai Web 3.0 Developer Summit. The whole crypto community is waiting for the merge, as it’s going to be a history-making moment, the launch of Ethereum 2.0. The Ethereum merge will celebrate the new era of low-cost mining due to the transition to a more beneficial proof-of-stake (PoS) model. First, let’s find out what this merge means for crypto users. The Ethereum Mainnet chain we all use today is […]
Dapper Labs Creates the Largest-Ever $750M Fund to Boost Flow and Reward Developers
Dapper Labs, the company behind the NBA Top Shot platform and creator of the Flow blockchain, announced the launch of a $725 million fund to develop the Flow ecosystem. The fund is aimed to focus on processing and evolving products in gaming, DeFi, and other web3 content. For now, it is the largest joint fund organized for a blockchain. “This is the largest multi-investor fund for any blockchain. Funds will be allocated both to projects already working on Flow and to developers of new ones,” Flow representatives commented on the fund creation on Twitter. Thus, 17 venture capital firms, including […]
BAYC Floor and APE Coin Capitalization Skyrocket After Elon Musk Changes His Twitter PFP to a Collage of Bored Ape NFTs
Elon Musk is one of those selected few influencers whose one single word (or post) can raise a project, product, company, or currency to the top, or drown a business without any possibility of recovery. The brilliant entrepreneur, innovator, Dogefather, and newly-backed Twitter owner, Elon Musk, has recently made a wave-making gesture, which struck the entire NFT community. Thus, on Wednesday, April 4th, the Twitter community couldn’t believe their eyes, as Elon changed his PFP to a collage of Bored Ape NFTs with Ape 5809 in the middle, backed up by the tweet, which reads: “I dunno … seems kinda […]
ApeCoin Is Now Part of the OpenSea Official Portfolio
It has been just no time after the largest NFT marketplace OpenSea added a new currency to the list of official assets. Thus, less than a month after Solana adoption, OpenSea comes up with the next portion of wave-making official news: the leading NFT platform has begun accepting ApeCoin (APE)! The key token in the BAYC ecosystem and the main currency in the latest metaverse game The OtherSide, the Ethereum derivative coin APE, has gone beyond the Yuga Lab’s web3 terrains so far. According to CoinMarketCap, ApeCoin now enters the Top 30 list of cryptos with the highest market capitalization […]
Elon Musk NFT Portrait by MetaHistory Is the First Token of Gratitude for Aiding Ukraine
After the war had broken out in Ukraine with the arrival of “Russian world,” the world community, frankly struck by the cynic and merciless Putin’s actions, stood up for peace and humanity. Since February 24th, numerous people of culture, business, art, music, respectful influencers, and benefactors have been supporting the Ukrainian Army and civilians by transferring their donations in crypto, fiat, humanitarian aid, and words, publicly claiming their #StopRussia position. The list of inductees is huge and includes such big names as Mila Kunis, Elton John, Jared Leto, Jim Carrey, and Benedict Cumberbatch. But one of the first to respond […]
Amazon Is Rumored to Set Foot in NFTs and Crypto in the Long Run
American retail giant Amazon hints at trading NFTs on its platform. The news comes from Amazon CEO Andy Jessy’s recent interview with CNBC. However, you shouldn’t count on Amazon to start accepting cryptocurrencies for payment in the nearest future. Jessy took over as CEO of Amazon in February 2021, succeeding Jeff Bezos. Prior to this, Jessy used to lead the Amazon Web Services division, which had launched the Amazon Managed Blockchain platform. The rumors about Amazon’s adding cryptocurrency payments have been circulating in the realm for some time. But they remained rumors so far. Last year, according to insider leaks, […]